It should allow fine-grained access control-who can see, and do what-and be able to hold conversations about the visualizations created.
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Your BI software should allow you to collaborate with your peers and clients easily. Your BI software should be easy to use for any business user. Users feel empowered when they create the reports they need on their own. While a department can own the data, everyone across an organization needs access to it, to create their own visualizations. There should be many options to choose from-chart types, color palettes, widgets, themes, and fonts, among others.ĭata is seen as a democratized commodity across organizations now. Your BI software should allow you to visualize data in myriad ways. The business intelligence software you choose should connect with data from any source Data can be anywhere-in the form of files, web feed URLs, databases (both on-premise and on the cloud), business apps, and more. Make sure the BI software you choose supports analyzing data from a wide variety of sources. CFOs need to always keep a tab on admin expenses, as any leakage here will harm the company's performance. Operational-or admin-expenses form an important part of any organization's balance sheet. Recruitment agencies need to monitor metrics like the average time for filling job positions, selection ratio, cost incurred per hire, offer acceptance rate, and which sourcing funnels are being effective. HR managers need to be on top of the number of people being recruited, how many people are leaving the organization, effective workforce utilization, productivity trends, and more. How effective each of these campaigns are, how marketing metrics like page views to visitors to sign ups is doing, the top five performing regions, products, and services-these are all questions that marketers want answers for.īeyond looking at the balance sheet, cash flow, and profit and loss statements, smart finance professionals right to the CFO level, now ask deep questions of their financial data. Marketing professionals run many marketing campaigns across many channels. How is the sales pipeline looking for the next few months? Who are my top and bottom performing sales reps? Which regions and products should I concentrate on to maximize profits? Sales managers can answer these questions with BI software solutions. SMBs increasingly take advantage of this fact, and use BI solutions on the cloudĪs the saying goes, "data is the new oil." Large enterprises use Business Intelligence (BI) analytics software to continuously mine data from across the applications and databases they use.
But Cloud Business Intelligence (BI) software solutions today are very much affordable for small and medium businesses (SMBs). There was a time when BI software was expensive, and was used only by large enterprises.
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