How can you know if your company’s Business Intelligence needs an overhaul?
Every company investing in Business Intelligence solutions wants to turn raw data into powerful insights that boost the bottom line. Unfortunately for most, this may just be a pipe dream: Traditional BI has often become synonymous with slow, inefficient and complex processes.
In today’s electronically interconnected world, the amount of data generated by business operations can have an inundating effect on enterprise systems. In this age of connectivity, businesses are flooded by a mountain of data which floods enterprise systems. To tackle this deluge, a number of big data technologies have emerged and businesses have deployed a variety of business intelligence (BI) solutions to identify patterns and trends within the data. As CIOs or other executives in IT departments, you may be often flummoxed by the plethora of Business Intelligence solutions. Should you initiate BI by implementing a Hadoop framework, or do you go for a more cost-effective, cloud-based system? Invariably, your business needs business intelligence!
Let’s face it: Traditional business intelligence just isn’t cutting it. You need to turn raw data into powerful insights, but your current solution makes insights hard to come by.
Here are 5 things your BI solution is probably missing:
- Data access for everyone
- Simple business collaboration
- Pre-packaged best practices
- Alerts when something important changes
- Seamless mobile experience
These days, relying on analysts to deliver reports just doesn’t cut it anymore. Everyone from the corner office to the cubicle needs to get their hands on data – and decisions rarely wait until they’re back in the office. Data needs to be accessible, understandable, and in context – but a recent CEO.com survey found that less than 50% of all respondents with business intelligence solutions are satisfied with the information they receive. Teams from sales and marketing to operations and finance are bursting at the seams with data, but they are frustrated trying to access the data they care about and use it in a way that gets results. So what can you do to navigate this sea of data? It starts with investing in a BI solution that users will embrace and will drive ROI.
Domo: The world’s first business management platform. Domo takes BI to the next level by putting the right information into the hands of the people who use it and need it – at the right time and in the correct context. It’s a self-service, automated cloud solution that is transforming the way people manage their business by giving data control back to the doers and the decision-makers.
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