Companies are investing deeply in exploring their analytical capabilities and gain valuable insights from their data. But often is the case where a company’s analytics strategy end up as small pilots which fail to provide the right answer or a significant value. The Individual departments interpret data in a way that only relates to their tasks & expertise. Such knowledge uncovered from a single department is not sufficient to make a business competitive. A clear analytics strategy must include a holistic approach so that the companies are able to answer critical business requirements. With improved visibility of the interdependent systems, you are more resilient towards high demands or underutilized resources. This process of Integration also allows employee from different areas to be a part of insight generation process.
What is meant by an integrated BI approach?
Integrated BI approach is the combination of data from different areas and sources of the business to a single BI tool, providing additional benefit due to insights that are not visible otherwise. Through self-service BI capabilities, the integrated BI landscape synergizes analytical benefits of individual departments and instigates better ideas and smarter decision making.
For example, you can combine the data from your production plant with the sales department so that the sales team can make accurate commitments to their customers. The data from production and sales department can then be combined with finance and asset management to upgrade areas and focus on products that brings in more productivity and revenue respectively.
How does an integrated BI landscape help businesses?
Whether it is the production process, energy management, supply chain, logistics or sales, having intelligent systems communicating with each other provides valuable insights into how well different areas of your Business function together. Knowing how your organization’s departments interact and influence each other’s overall performance, you can leverage this to highlight efficiencies as well as cost drains and thereby direct resources where they are needed the most. Through Integration, users can have access to other areas of the business. This enhances the Self-service BI approach, due to the fact that different users from various departments are able to generate insights under common metrics and dimensions.
Data from different departments can be obtained in a common dashboard and can be converted to reports and shared amongst everyone. In addition, the sensitive data can also be isolated from certain departments within the organization by applying row level security filters and allow access to only specific users.
With this integrated landscape the Management can have an overview of the entire organization through a notebook or a mobile device and can maximize the value of their data through pro-active action plans, better transparency and cross network of Self-service BI.
Need a tailored Power BI solution for your Organizational BI?
At HUBSTER.S we can help you achieve your Organizational Data Strategy by building the solution you need to connect different areas of your business and explore endless possibilities of an integrated self-service BI system. Our employees are experts in Business Intelligence, Data Analytics, Data Warehousing, Machine Learning, Production Management, Finance and Controlling. If you need support in the implementation of your BI or Analytics project, please contact us at any time!