Monday, 13th July
Keep up-to-date with the latest data analytics news in our Monday Digest summary snippets, and get more insight to make your data talk!
? The evolution of self-service analytics. To keep up with the changing needs in modern business, analytics solutions must provide users with more control over their data analysis. Self-service analytics makes it easier for users to interact with data and, unlike traditional BI, enables business users to answer their own questions. For more on the benefits of self-service analytics, read on in this TechTarget article.
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? Dataviz that sways the board. Conveying your data message in the right way can help to steer the decision-making process. By employing data visualisation in a presentation to the board, you can lead the audience on the right data journey. And drilling down into specific data points at the right time in the discussion can help drive agreement on key business issues. See more dataviz tips in this TechRepublic article.
- For more information on creating powerful visuals that persuade your audience, take a look at our comprehensive Visual Analytics page.
? Back to analytics basics. Data-driven decision making hinges on a few fundamental principles in data analytics. To begin, data leaders need to agree on an internal system of record to drive analytical decisions. Together with consolidating the data in a cloud data warehouse, BI leaders can then get back to basics with their structured data. Read more in this Forbes article.
? Uplifting communities with data analytics. Data analytics tools can be used to identify issues in at-risk communities, especially in times of crisis. Yet the public sector organisations that serve these communities need access to accurate data to, for instance, identify individuals at the greatest risk from the Coronavirus. Read more about how analytics can provide life-saving insights to support local authorities in this article.
? BI for better decision making in small business. Employing BI in business no longer requires an army of technical data experts. With easy-to-use self-service options, all users can convert data to workable business solutions. To kickoff BI adoption, you should choose pertinent metrics to analyse, like Key Performance Indicators. Discover additional ways to leverage BI in this article.
And our Quote of the day:
“BI is an expanding sector that has multiple substantial benefits if properly integrated. It gives you a more thorough understanding of your company’s performance over time, to help you make better decisions and avoid mistakes. Business intelligence turns raw data into effective solutions that give your business a competitive advantage in the 21st Century.”
Sergey Grybniak, digital marketer and software developer.
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