Business Intelligence & Visual Analytics
Many people see data analytics as just presenting dashboards, but there is a fundamental difference between the single system dashboards from an existing software platform and the ability to visually analyze data across a multitude of sources.
The difference is not only the ability to view a variety of data sources across several systems but also the power to drill down into that data and ask different questions from a variety of sources, all viewed in a single comparative manner. It’s this ability to ‘tell a story’ when diving into data that provides clearer and more concise answers to challenging business questions.
Benefits of Business Intelligence
Automate & Integrate
Agile & Flexible
Business Intelligence & Data Analytics Process
Otherwise known as Data Collection. The quality of input will determine the quality of output and is therefore the most essential on which results depend on. Business Intelligence & analytics solutions must be able to collect data from multiple sources and centralize this into a single source.
Preparation includes sorting and filtering of data. This stage requires you to remove the extra or unusable data to make processing faster and increasing intelligence by collecting the ‘right’ data for your business.
This is the processing of raw and sieved data through automated means, which is refered to as our ‘Elasticube’. This step takes the most effort as it has a direct result on the quality of the output.
The processed data is further interpreted and evaluated against key business KPIs or questions and is often used directly in presentations. The relevant information at your fingertips.
By leveraging the information gathered and applying it to your own business models, companies can avert risk and make informed decisions to drive their business forward.
True data mining is not becoming complacent with a predefined set of dashboards and reports but considers the changing business environment. Business Intelligence software can be used to identify risk, discover opportunity and forecast trends.