I recently read an article from Ancestry.com on the most popular surnames by state. My interest was piqued while perusing social media and clicking one of those running tags whose headline typically says one thing, then ultimate ends up being a sales pitch for weight loss supplements. In reading the article however, I was struck by how social media is changing our impression of and approach to data analytics and business intelligence.
One of the main reasons organizations are moving to the Cloud is for the ability to grow their environments seamlessly without working with multiple vendors to acquire expensive licensing and equipment. Transitioning to the Cloud eliminates the need of large upfront costs such as Rackspace in data centers, or replacing failing or old infrastructure equipment, along with licensing costs, etc. Moving to the Cloud eliminates the need for in-house engineers and allows your organization to shift focus away from your infrastructure and networking, and focus more on primary business goals.
Does your CEO need the same information as a store manager? Does your Southeastern U.S. territory manager in Charlotte care about the health of the European region? If you are like most businesses, your BI platform has one catchall scorecard for your entire company. This requires users to navigate through a folder structure, which is often cryptic and not user friendly, to get to the information they need. If our goal is to guide decision makers to the data most relevant for them to make better decisions, then let’s make it easy!
Allowing you to create your own reusable reports and have complete control of your data, Self-Service Business Intelligence offers high-performance and more flexible dashboards than traditional BI modules, leading to continual improvements to your reporting system.
The implementation of a Self-Service Business Intelligence platform can quickly enable users with tools and their own data to improve resource knowledge, increase process efficiencies, and maximize return on BI investments, ensuring that the right capabilities are available to the right people at the right time.
If you’re not leveraging MicroStrategy Enterprise Manager, you are truly missing out on easy improvements to your MicroStrategy implementation. It’s easy to turn on, costs nothing, and does your job for you in three major ways:
Want to access your corporate data without limitations 24×7? Our model for Self-Service BI is engineered to enable high-performance, reusable, analytical solutions across vital corporate data. Meaning, your users can access data at the speed of thought and ensure they have the right data at the right time.
When that next project comes up, remember this: don’t let a POC go to production, and don’t assume a “pilot” has a limited life.
Wait, what is a POC, you ask? Piece of chicken? Pie or cake? Proper old chap? Nope! “Proof of Concept” – a name used by us technology folks to describe something we want or need to do. We might not know how, or know how but don’t know if it will work for the intended purpose. It is like sanctioned playtime for working on something outside of scheduled/planned development projects, regular rules, and rarely comes with too many guarantees attached. Sometimes, in a sales cycle it refers to a “first implementation of software to prove it has the desired capabilities.” Then, one may choose to continue with development of a product or continue looking for a more suitable product. Both of these scenarios are valid, and incredibly valuable for the person doing the building and the recipient of said POC.
ComputerWorld, a digital magazine for information technology and business technology professionals, recently highlighted how our application has helped Healthtrust Purchasing Group (HPG) reduce supply costs and improve quality of care.
HPG needed to leverage their data by automatically consolidating reports and provide key performance indicators. We were challenged to make sense of internal reports that were created manually in Excel spreadsheets, and filled with massive amounts of incomprehensible data. We identified critical business drivers and patterns of behavior in how users referenced data sources in supply expense analytics.
The application was developed with high-level reporting for rapid identification of financial variances and click-through analytics to drill down into data. We used trending visualizations to ensure a user-friendly experience with an intuitive and simplistic platform. This customized analytics tool is designed for 600+ users to be able to quickly evaluate supply expenses at any level and leverage pertinent data for success.
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Reveals latest update: MicroStrategy Polaris
MicroStrategy Polaris is going to be released starting in October. This follows the concept of Analytics Everywhere™ and expands on the capabilities of analytics across operating systems and devices. This new release opens a lot of self-service reporting opportunities and re-vamps the entire application structure.
This update moves away from Adobe Flash® architecture and uses Java, jQuery, and HTML 5 platform base. This means all widgets and functionality available on web will also be available on the iDevice platforms without needing multiple versions.
The latest platform, Polaris, will include many additional features (some listed below). The largest improvements will be focused around the Visual Insight platform infrastructure. This allows for more in-depth analysis, and gives users the ability to create reports and dashboards without needing additional IT resources, putting the power in the users hands.
This week we hosted our healthcare webinar educating our audience on how to build their BI roadmap. We believe creating a BI roadmap provides the framework for how business intelligence and analytics can be applied to specific challenges faced in the healthcare industry. As healthcare entities develop their long–term corporate vision, they are challenged with seeking avenues for continuous improvements to meet their patients’ needs as well as ensuring compliance with evolving government mandates and payment reform models. Building your BI roadmap can be broken down into the following steps: