The good news for you as a customer is that you don’t need to spend hundreds of thousands of dollars on a business intelligence platform to try to understand what’s going on in your business! There are now affordable business intelligence platforms that are just as, if not more capable than the platforms of the past.
Microsoft have led the charge with PowerBI for just US$10 per user per month (and a free version for small projects) and have a worthy challenger with Google, who have acquired Looker to merge it into their already powerful offering, which is now called Looker Studio and starts at $0 per month - certainly an affordable price point!
So, how do you take advantage of these great tools that are on the market?
Step 1: Get access to your data
The first thing you need to do is to get access to the data - whether that’s via a database or API (application programming interface), you need to first bring the data into a location that your Business Intelligence tool can make sense of. That’s where a data warehouse can be very useful, and something that Datamagic has a lot of expertise in.
Step 2: Build your BI Dashboards
This next step is where you’ll start to see some value. Once your data is available, we can start to answer some of those burning questions you’ve got - how productive is my delivery team? What is the true profit margin on our jobs? Whatever the question is, if you have the data, we can help you get the answer.
Step 3: Leverage the Data to Improve Operations
Once you have your data and your business intelligence, it’s about supporting your team to understand what that data is telling you and helping you to improve your business operations. Datamagic offers a number of options for your business for ongoing support.
What are the key advantages of Business Intelligence in today’s modern business world?
Get up to date, accurate and expertly designed analytics help give you the competitive advantage in your industry.
- Helps your business succeed by giving you the ability to measure past and current performance,
- Improved overall operational efficiency and minimise cost risks
- Enables you to identify customer behaviour and patterns with better customer insights
- Empower your team to collaborate effectively towards a common goal
- Keep you updated and stay ahead of the competition
Many organisations find themselves manually merging reports extracted from their operational systems and spending valuable time producing reports. Let us take the burden off you.