A business intelligence solution gives companies a competitive
advantage, but only if they are making the most of the information they’re
presented with. If your dashboard software is producing out of date reports, while
neglecting other critical areas of the organisation, then you should be looking
closely at your chosen solution.
Your business intelligence software should bring you the right
information when you need it. The data it presents should play an active role
in the decision-making process. Regular reviews and asking hard questions of
your business intelligence solution are critical to ensuring it remains useful to
users and relevant to the organisation. Such questions should include, “are my
current analytics helping in the decision-making process?” Your analytics won’t
be beneficial unless the information is provided to users in a timely manner, which
allows them to promptly take action. If this is not the case, or it was
relevant in the past, then you may need to reconsider your business
intelligence solution.
It’s also critically important that
the data being presented can be easily understood. The effectiveness of your business intelligence application will be greatly reduced if users
are struggling to interpret charts and graphs, which will impact the speed with
which decisions are made.
Quite often users will benefit more
from a business dashboard that is configured to focus
on just a few KPIs or metrics. If users are presented with rows of charts and
tables, it can be overwhelming, dilute the data and make it too generic.
Aggregating metrics, or narrowing down the list to just 3 to 5 KPIs, and
building it up gradually, can make a business intelligence dashboard far more
compelling for users.
Presenting your users with specific
and actionable data will ensure they use it regularly. By regularly reviewing
these metrics and auditing your dashboard, it will ensure you get the most from
your business intelligence solution today and in years to come. The
panintelligence (http://www.panintelligence.com) dashboard is easy to configure and
deploy, self-service in nature and very flexible, which keeps it focused on the
user and their experience.
Editor’s Note: Panintelligence (http://www.panintelligence.com) is represented by the search
engine advertising and
digital marketing specialists Jumping Spider Media. Please direct all press
queries to Louise Byrne. Email: louise@jumpingspidermedia.co.uk or call: +44
(0)20 3070 1959 / +34 952 783 637.
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