Business intelligence use and selection is a challenging process for organizational leaders. While the technology isn't exactly complicated or overly dense, these professionals are operating under a great deal of pressure. They need to use these solutions correctly, before their competitors and to the satisfaction of several departments within their own organizational structures. Really stepping up and accepting this challenge means learning all there is to know about a chosen solution: how it will help that particular company, what types of information make it thrive and which types of questions are appropriate. There is a great deal of efficiency on the line for decision-makers who make the connection.
BI assumes its role
One great role for BI may be as an adjunct to a larger process-improvement effort. According to Business 2 Community contributor Jason Bowden, BI on its own is not sufficient for improved return on investment. Instead, BI is the side element that gives its users excellent insight and vision which they can in turn apply to the initiatives that define the company's overall revenue generation. In a business world made up of hugely complex management structures and interconnected effects, such insights can be enough, turning leaders away from their traditional reliance on insight or instinct.
Bowden pointed out likely use cases for BI in departments such as sales, in which it can provide a more direct window into how every part of the department is functioning. Each new tactic put into place can only be examined through secondhand means when organizations don't have BI. When they are using the technology, however, they can drill down into the performance of each individual representative or product and find where they need to focus for improved results. Bowden also praised the role BI can play in the supply chain, an important department but one that can be tough to monitor through conventional means.
Purchasing the future
Organizations don't have to wait to become BI powerhouses. The market today holds great options that can get them where they need to be. Solutions such as Necto 14 enable employees from throughout the corporate structure to tailor data visualizations to their own needs. This means irrelevant data is not shown, while the analytics users are looking for are displayed clearly and effectively. They can immediately match up their insights with everyday responsibilities. This extends through entire businesses, from the C-suite on down. No matter the situation, there is likely a visualization that can offer employees some much-needed clarity.