Grow your business with the power of business intelligence!

money_graph_515827Business intelligence is a complete process comprising of data mining, integration, data modeling and visualization. With an overflow of data, data analysts and business executives find it hard to navigate across the sea of data, modeling and finding inference from it. Only business intelligence can serve as a support to save business from capsizing. There are many enterprises that provide business intelligence platform to drive your business. Business intelligence and analytics are must to enrich your business for the future.

Real time data processing

Real time data is essential for businesses to make immediate decisions. Mining real time data and modeling it is the hardest and crucial action. Data should be available in-time to the executives so that the powerful business outcome can be expected and implemented. Business intelligence is essential to overcome all these problems.

Comprehensive dashboard for your enterprise

Organizations have more departments like sales, marketing, operations, finance and accounting, research and development etc. Result must be viewed from the entire department. Business intelligence imports internal and external data and helps in business enablement.

Business intelligence helps you point out the pain points

In this challenging market, its organizations first duty to provide the service what their competitors considered as weakness. Business Intelligence draws your attention towards respective core pain points. With pain points, develop the company’s efficiency.

Visualize customer changing trends

Business preferences changed based on the changing trends by the decision makers. Lead your development team from the analysis of customer insights. By infusing the power of business intelligence and applying them on customer data, you stand to gain deep insights on their behavior and can easily predict their next move. This will help you to be more in line with their changing trends and preferences. This works both ways as you get to customize your services according to what your customers want; and customers also feel a sense of privileged service.

Return of investment(ROI)

Measuring a Return of Investment (ROI) for a business would be a very complicated process. With business intelligence, easily gather the business requirements, decide on the goals and objectives, prepare a business model and calculate ROI easily.

Global access from anywhere

Empower your assigned members of the organization to access the data from anywhere and anytime only with the support of business intelligence. Mobile-first Business Intelligence platform provide this feature easily.

Decydz, end-to-end business intelligence platform, lets the organization with the entire main features explained. From the real time dashboards gain your data at the respective time without any hindrance.

Lead & leave competition effortlessly!!

competition1World over, enterprises are spending more than their budgeted share to understand all about their data. This is a universal problem when comparing the ways and methods used to collect data might have been ancient to today’s advanced technologies. This creates a pressing need for enterprises and analysts to either have an “in-house tech team” come and ‘patch’ their systems or have a separate process for data updations, consolidations etc. Whatever the method maybe – it is costly and time consuming.

In gearing up for data analytics, an understanding of the following points will be really helpful to arrive at a better conclusion of things. After all, it will still cost money and that’s a big point.

  1. Be aware of technology changes!

Technology is a great disruptor and it’s this disruption that has caused enterprises to keep adjusting their technology stack to arrive at a steady state of operations. Depending on how your business is run, there may be areas where legacy frameworks are to be supported. The Cloud framework is a top bet as it is the platform of the future and a lot of enterprises (atleast mainstream) enterprises have moved to the Cloud giving them low costs (Opex), high availability (no showdowns), rapid scalability (easily ramp up your services up and down according to business need)

  1. Choose the right tool

This is more specific to your business. If you experience huge volumes of data, you could be looking at a big data solution. If you need to create customized reports from large datasets, then it would be more of visualization and reporting features with a solid modelling framework driving the whole process.

  1. Models make all the difference

So you have the data, you know the kind of report your need. So how do you go about doing it? That’s where models come in. Data models define how data is connected, stored and how they are processed within the system.  And, that’s why this is important to link this with the kind of processing you envision to achieve. You have tools that are exclusively based on modelling techniques like decision trees, regression analysis, association rule analysis, time series analysis etc. Advanced versions also include machine learning, integration with R etc

  1. Support for availability

Depending on the size of your organization, this may ramp up or down. It’s always prudent to think of the future. This is always driven by the growth of your organization. A cloud based approach would serve best because of its low start-up cost, ease of use and high availability (99% of time). This also has to do with the size of the organization. Larger organizations will have huger data overloads, would also need more processing time and power.

  1. Budget

Last but not least, budget. This is where everything falls flat.  Different vendors have different mechanisms when coming to cost. They could have it spread against different editions of the software or for the support and maintenance given etc. The costs will reflect according to the size and scope of the support being rendered. There could also be free and open source versions for some requirements as well.

We hope these tips will help you understand what lies ahead in your quest to purchase an analytical platform for your organization. We will be glad to offer you a demo of our platform and showcase how it can be beneficial for your enterprise in the long run.

Decydz: Turning data to decisions