Here’s the bottom line with business analytics. Your business needs better decision making at operational, tactical and strategic levels. Business analytics can transform the first two, but has much less to offer at the strategic level. So the starting point is to decide which decisions are candidates for improvement –…
GoodData
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Why BI Needs AI Business Intelligence busies itself with descriptive and diagnostic analysis in the main. Descriptive analysis is essentially a look in the rear view mirror, and diagnostic analysis consists mainly of exploring data to see why things were as they were. The current enthusiasm for visual analysis tools…
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GoodData has a wholly different take on the use of visual analytics and business intelligence. It believes analytics should be a demonstrably profitable activity, enabling businesses to monetize their data. Virtually all suppliers of visual analytics tools are pushing the notion that making these tools available to a wide audience…
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The things we do with business analytics technology right now do not represent the ultimate purpose for these technologies. It is all very immature, and so it may be useful to some to understand where this current fascination with business analytics is headed. But first of all let me give…
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Businesses don’t generally make investments in people, technology, or anything else, unless management believe there will be a return. And it is helpful if the return is larger than the investment. Business analytics technologies are touted as the key to more effective and efficient businesses, but when it comes down…
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Visual Analytics – Sophistication vs Ease of Use 2016 Ease of use and sophistication are usually conflicting properties of software technology. Sophistication usually implies steep learning curves and high skill levels. However some products seem to do very well in both respects, and the chart above plots out those that…
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Data Visualization Software. Visual analytics is the act of finding meaning in data using visual artifacts such as charts, graphs, maps and dashboards. In addition, the user interface is typically driven by drag and drop actions using wholly visual constructs. The up side to this is ease of use –…
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The word ‘best’ can be fairly meaningless, and so in this Business Intelligence Tools article I have indicated the products that excel in various areas. You will see a graphic displayed at the side of products which offer capability above the norm. This article is a work-in-progress and will be…
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We visualize data in charts and graphics because we need information that is not readily available in tables of numbers or written reports. Until recently we have let the computer dictate how information has been presented to us. Computers like numbers and text. They are easily handled, don’t take up…