When it comes to Business Intelligence (BI), Gartner suggests that many enterprise organizations have become outdated data dinosaurs. To counter this trend, Gartner suggests embracing a modern BI data platform as the necessary disruption in your enterprise.
We agree. In our work with hundreds of clients, we’ve seen how modernizing your analytics platform can dramatically improve operational efficiencies and empower people to take decisive action.
In these models, BI teams silo data into unwieldy analytics mechanisms that require weeks of preparation to create a report with actionable insight. IT owns the data platform, it's important, and you can't play with it. That's the old way of running BI and it stymies your ability to leverage data quickly – or at all.
But by the very nature of living in the advanced, social media era, we are now empowered with more data than ever before. We're used to taking data in the form of content, and sharing it however we like. It has powered consumers and marketing in dramatic ways but has created new challenges in gaining insight from new bigger sources of data.
Major advances in data technology, from predictive analytics and machine learning to sensor-enabled IoT devices, have changed how we capture and process information.
Data is now flowing from every source imaginable and restricting access will thwart your ability to stay agile in the digital age.
It's time to move past traditional BI data platforms to a best-in-class solution that empowers businesses to leverage the data at all points of their operation. With the latest best in class BI, data (and how we use it) now has the agility to evolve to accommodate even the most disruptive of future technology trends.
Democratizing BI
Moving to modern BI architecture requires both a philosophic and a technology shift.Traditional BI data platforms were organized around IT-produced analytics, requiring advanced knowledge in areas such as SQL queries and data modeling. Corporate data became something sacred, only available to a select few.
Modern BI is data available to anyone who needs it. It's a self-contained platform that allows all stakeholders to apply full-spectrum analytics and visualization tools. It's a collaborative process that isn't necessarily housed in the IT department. The modern BI platform is characterized by:
• More processing power to handle the volume, velocity, and variety of big data
• Integration of multiple data sources, from internal (SAP, Salesforce, Excel spreadsheets) to external (social media, consumer buying patterns, demographics) into "one source of truth" -- one unified dashboard portal
• Self-service analytics and reporting
• Interactive data visualization tools to analyze, explore, and share the data
• Agility and flexibility, allowing for predictive analytics and actionable insight
• Intuitive and simple to use
The modern BI data platform features the powerful data visualization platform Tableau, which transforms data into dashboards and allows the average user to extend the decision-driven power of BI to all points in an organization. Today, the most successful modern BI platforms allow the sharing of data across an organization. Imagine what your organization could become if every department had access to data when they needed it the most. Modern BI data platforms facilitate actionable business decisions at every level in the enterprise.
Modern BI models require a shift toward a more democratic IT workflow. Today, you own the data and the analytics that enable true business intelligence. The interconnectedness of the digital era allows employees to look at data in real time and collaborate on mission critical business decisions.
Failing to move from a traditional BI model to the more modern analytics platform may cause your business to rapidly fall behind. Contact us to find out how we can help you modernize your BI.
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