Business Intelligence
To understand why Business Intelligence is important, you first need to consider the everyday challenges and the barriers to their successful resolution. 

 

Organisations the world over are continuously being challenged to transform the way they deliver services:

  • Better, faster, cheaper.
  • The same service with less budget or resources
  • Demonstrate performance and improvement to non- experts
  • React quickly to mitigate threats, risks or incidents
  • Provide success stories and good news not problems and excuses

 

At Datore we specialise in Business Intelligence solutions.

Business Intelligence
To understand why Business Intelligence is important, start with everyday challenges and the barriers to their successful resolution

Organisations the world over are continuously being challenged to transform the way they deliver services:

  • Better, faster, cheaper.
  • The same service with less budget or resources
  • Demonstrate performance and improvement to non- experts
  • React quickly to mitigate threats, risks or incidents
  • Provide success stories and good news not problems and excuses

And everything wanted yesterday….. Sound familiar?

IN A HURRY ?
Here is all you need to know about Datore in one minute

IN A HURRY ?
Here is all you need to know about Datore in one minute

How does Business Intelligence work?

The data sources used to build business intelligence include customer relationship management (CRM) systems like Salesforce.com, supply chain information, sales performance dashboards, marketing analytics, contact center call data and metadata i.e. information describing data. In comparison, business intelligence software helps companies to bring all these disparate sources into a single unified view providing real time reporting, dashboards, and analysis.

 

Business Intelligence software such as Sisense (used by Datore) also includes predictive analytics and machine learning allowing your data to alert you. Embedded analytics enabling you to provide business Intelligence to your customers as part of your product suite.

Why Might Business Intelligence projects fail?

Gartner says that anywhere from 70 to 80% of business intelligence initiatives end up failing. Why? Here are a couple of the common reasons:

Old Tech & Bad UX: Just going with a name brand that was popular years ago may not be the best fit for your business.

The result is a clunky interface your employees hate using, or one that fails to generate meaningful insights

Quality vs Quantity: Taking data and applying it to help the company grow through smart analytics. is what Business Intelligence is about. This doesn’t always mean more data. The most critical component is the intelligence and lessons that can be gained from that data.

Why does this increase in data affect me?

As data increases and competition for customers moves on-line, the speed of data to knowledge becomes salient in making reliable, trustworthy, well-informed decisions. The biggest impact comes from Government and regulatory bodies calling for smarter measurement methods and greener standards. This requires organisations to understand the impact of change and how to mitigate risk. Contact us to find out how.

Barriers to successful
resolution
Some barriers can be resolved responsibly, but there are some that are less tangible and may be outside your control:

 

  • Extracting the data from systems that support a range of different business process into a place where it can be aggregated and form the basis of an investigation or analysis for decision making quickly.
  • Making sense of the data in a plethora of spreadsheets, the formulas that are in them or just the sheer volume of data needed, which makes the spreadsheet unstable.
  • Having the skilled resource to manipulate this data and produce reports quickly.
  • Having to retain staff just to patch together data and design and populate standard management reports that are required every week, month and year.
  • Standard reports that are contained within your operational systems are limited and don’t answer the increase in questions you are being asked to respond to.
  • We have conflicting data – different systems tell a different story, which do we believe?
  • There is no appropriate enterprise solution to solve this data and reporting problem or if there is it is expensive and complex to implement.
  • Your major stakeholders or customers are demanding more personalised and interactive reporting and more ad hoc reports.

 

Challenges are being resolved by gut instinct, rather than evidence-based decision making and outputs are limited by what we can achieve in the time available.

 

It would be great if we had something to remove these barriers and provide smart data that we can trust and use as a basis for analysis, reporting and decision making.

Imagine

  • Easily access relevant and trustworthy property data, in order to demonstrate business performance and plan business strategies with evidence based confidence.
  • Be confident that the data you collected truly represents current and future performance.
  • Limit the number of spreadsheets across your business, as well as questionable or conflicting outputs. Instead harness data from the operational systems that support everyday processes.

 

With Datore you don’t have to imagine

  • We transform your data into intelligent dashboards, reports, insights that paint a simple and compelling picture of how well your property services are performing and where they are contributing to bottom line results.
  • Harness this to solve today’s problems and maximise future opportunities.
  • You can gain access to this quickly, affordably, securely and sustainably from experts who understand how to apply this to your situation.

Barriers to successful
resolution

Some barriers are within your gift and responsibility you can resolve them, but there are some that are less tangible and may be outside your control:

  • Extracting the data from systems that support a range of different business process into a place where it can be aggregated and form the basis of an investigation or analysis for decision making quickly
  • Making sense of the data in a plethora of spreadsheets, the formulas that are in them or just the sheer volume of data needed, which makes the spreadsheet unstable
  • Having the skilled resource to manipulate this data and produce reports quickly
  • Having to retain staff just to patch together data and design and populate standard management reports that are required every week, month and year.
  • Standard reports that are contained within your operational systems are limited and don’t answer the increase in questions you are being asked to respond to
  • We have conflicting data – different systems tell a different story, which do we believe?
  • There is no appropriate enterprise solution to solve this data and reporting problem or if there is it is expensive and complex to implement
  • Your major stakeholders or customers are demanding more personalised and interactive reporting and more ad hoc reports.

Challenges are being resolved by gut instinct, rather than evidence-based decision making and outputs are limited by what we can achieve in the time available.

It would be great if we had something to remove these barriers and provide smart data that we can trust and use as a basis for analysis, reporting and decision making.

Imagine

Imagine

you could easily access relevant and trustworthy data to demonstrate business performance or plan business strategies with evidence based confidence

you were confident that the data you collected truly represents performance

you could get rid of the many spreadsheets across your business that deliver questionable or conflicting outputs

Now Imagine

your data transformed into intelligent dashboards, reports, insights that paint a simple picture or tell a compelling story of how your organisation is performing

how you can harness this to solve todays problems and future opportunities

you could get this quickly, affordably, securely and sustainably from experts who understand how to apply this to your situation

What is Business Intelligence?

Business Intelligence is software that extracts data from disparate systems, databases and spreadsheets and consolidates it into its own single analytical data cube. This process enables you to identify and deal with any anomalies or data conflicts. Giving you a single consolidated data set built ready for analysis and the production of business dashboards. 

Many data sources can be integrated from both internal and third-party providers. Data sources and data volumes are not usually constraining. BI cannot correct data entry problems – they must be adjusted as part of data capture and update processes. The software empowers us to create smart dashboards to display your data in graphs, charts and tables to illustrate how well your business is performing and they can be tailored to your own business needs. Each dashboard component can be filtered and sorted so you can slice and dice data to respect the needs of different stakeholders. Users can drill down into dashboards to get to the data that underpins the results.