As a business leader, you may understand that data management and business intelligence are essential to your organization’s success. Business analytics enable you to make informed, fast decisions, react to market changes efficiently, and always stay one step ahead of the competition. Companies that successfully implemented master data management continually grow, but how can you ensure that your business’s intelligence is optimized and working for what you need?

If you’re looking to tie together business data from all areas of your company to inform and discover opportunities but aren’t sure how, we’ve got the answer for you.

So What Does Business Intelligence (BI) Include?

Business intelligence refers to the technology that enables businesses to organize, analyze, and contextualize their organization’s data from all aspects of the company in one single source. BI includes multiple tools and techniques that help transform raw data into meaningful and actionable information.

How Is BI Used?

When used correctly, BI can be leveraged by many different organizational departments. For example, sales, marketing, finance, and operations departments can harness business intelligence to help guide their strategies.

For example, various teams and departments may use business intelligence for the following:

  • Data scientists and analysts: Analysts are usually very familiar with BI and use the centralized data to understand where opportunities for improvement exist and what strategic recommendations should be made to company leadership.
  • Finance: Finance departments can blend financial data with operations, marketing, and sales reporting to offer insights into which decisions make the most sense regarding profit and loss.
  • Marketing: BI can help marketers track campaign metrics and efforts from one centralized place. These systems also offer real-time tracking, measure each effort’s performance, and allow marketers to better plan for future campaigns.
  • Sales: Sales data analysts and operation managers often use BI dashboards and key performance indicators (KPIs) to quickly access complex information like discount analysis, customer profitability, and customer lifetime value.

Explore three easy ways your business can start maximizing business analytics, data management, and business intelligence for ongoing success.

1. Evaluate your data management and business intelligence ecosystem

To create a path towards success, you first need to evaluate where you currently stand. Identify how your business uses analytics to drive decisions and communicate across departments. Your marketing, sales, customer service, and other teams are all probably using data analytics in one way or another. Ask yourself if these departments are siloed or collaborative in data management and sharing.

And if you’re not using data at all but seem to be succeeding, the wave you’re riding will only last so long. Without data to drive your decisions, strategy, and path forward, you’re taking shots in the dark and guessing what will work.

As you evaluate your team and how they’re using BI currently, try to keep the following questions in mind:

  • What’s your BI vision, and do you have any? How is that vision aligned with your IT and corporate strategy?
  • Who are your BI players, and how coordinated are they? Is there function overlap?
  • How do you handle data management and data governance? How do you support BI users?
  • What factors do you use to make business decisions?

As you uncover answers about your current business processes and how your team utilizes them across departments, you should see where improvements can be made in areas that cause frustration or hold-ups.

2. Create a strategy

Deliver actionable business insights by creating a business-aligned reporting and analytics strategy. Well-designed data management processes can help your business benefit from productivity improvements, cost efficiencies, and a flexible ability to respond quickly to changing needs.

When your data is well organized and managed, you can reduce data movement, uncover performance breakdowns, and better empower your users to access the information they need in one simple click. In addition, with data management in place, companies like yours can avoid unnecessary duplications, and employees won’t conduct the same research or fulfill the same tasks repeatedly.

A company’s success depends heavily on its ability to make the right decisions quickly. If it takes too long to react to market shifts or activities of competitors, businesses are likely to lose money, miss opportunities, and fall behind the competition. The solution is in organized data, allowing decision-makers to acquire vital information faster and respond appropriately.

3. Emphasize the big picture to employees

It’s essential to train your employees to think critically and make decisions quickly. While all businesses rely on their employees to make critical decisions, in today’s fast-paced economy, it is more important than ever.

The ability to think critically involves analyzing information, interpreting its meaning, and identifying key issues. It also requires seeing both sides of an issue and evaluating the implications that different decisions can create. The ability to make quick decisions depends on how employees can weigh out the pros and cons of various options quickly and efficiently. When employees do learn these skills, businesses gain a competitive edge.

Moreover, they can help ensure that their employees are better equipped to handle the challenges of the modern workplace.

Start achieving success through data management and business intelligence today.

If you’re ready to provide real-time insights and solutions to your team, WCI Consulting can help you make that happen. Learn more about our business intelligence consulting services and how they can help grow and support your business.

WCI Consulting Presents…The Most Common Questions in Business Intelligence

We sourced our support archives and pulled some of the most common questions we get from our clients. In this three part webinar series, we answer questions that can apply to any Business Intelligence user.

The topics covered include: security, data servicesdashboards, and more!

Watch now to discover how to be a better BI user and improve you Business Intelligence knowledge.

The Most Common Questions in Business Intelligence – Part 3

The final part of the 3 Part webinar series covers:

  • Web Intelligence
  • Conditionals
  • Alerters
  • Drilling
  • Drill – Down
  • Linking
  • Input Controls

The Most Common Questions in Business Intelligence – Part 2

The 2nd part of the 3 Part webinar series covers:

  • Controlling query row and execution times using Information Designer Tool, Universe Designer Tool, and Web Intelligence
  • The purpose of implementing these controls to ensure stability in the BO environment

The Most Common Questions in Business Intelligence – Part 1

The 1st part of this 3 Part webinar series covers:

  • Managing, sorting and ‘if’ statements in SAP Web Intelligence
  • Creating prompts in the Information Design Tool
  • Importing and viewing data via Query as a Web Service in Dashboard Designer

Watch as WCI reviews general topics including Promotion Management and how to handle user security in the Launchpad for SAP BusinessObjects 4.1. Learn about what else is new in the 4.1 upgrade: watch videos.

Thinking about an upgrade for your current SAP Business Objects environment?

Don’t commit without first getting a free BOBJ upgrade assessment from WCI!

Video Guide: Creating a Map in Power BI from Excel Data

Watch this Microsoft Power BI map tutorial to find out how to take data from Microsoft Excel and map it in Power BI.

If you have any further questions about Power BI or other business intelligence tools, contact us below to discuss how we can help.

WCI Data Solutions Named Advanced Partner in the Amazon Web Services (AWS) Partner Network (APN)

WCI Data Solutions has met demanding certification prerequisites on technical and business levels to get Advanced Consulting Partner status in the Amazon Web Services (AWS) Partner Network (APN). Focusing on providing services related to strategy, migration and management of data, this continuing relationship with AWS is a testament to WCI’s commitment to innovation in a world that has embraced moving their data into the cloud.

PLANO, TEXAS (PRWEB) APRIL 14, 2018

WCI Data Solutions, a leader in data management and data strategy consulting, is pleased to be named Advanced Consulting Partner for the Amazon Web Services (AWS) Partner Network (APN). This exclusive tier of partnership is reserved for AWS partners with significant technical knowledge of the AWS platform. To qualify for this tier, partners must demonstrate their technical capabilities in the AWS ecosystem and provide comprehensive references for their competences.

“We are excited to be a part of the Advanced tier in the Amazon Partner Network as we can see that cloud services are exactly what our market is trending towards,” explains Marty Carney, CEO of WCI. “We know that our reputation amongst clients is that we are the go-to for all things data and innovation, so as the market moves their data to the cloud, we want to be able to showcase our demonstrated abilities and maximize value for our clients.”

As an Advanced Partner in the APN, WCI Data Solutions provides clients with help in designing, architecting, building, migrating and managing their data and applications on the AWS cloud platform. This enables customers to focus on their business first and depend on WCI for the certified and assured technical expertise regarding AWS tools. With this new level of certification, WCI has gained access to further resources and training to support thorough analysis of a company’s current state of data management, cloud transition planning and AWS services management.

“At the end of last year, AWS announced that the majority of Fortune 500 companies and over 90 percent of Fortune 100 companies utilize APN Partner solutions and services,” said Chris Hagans, COO at WCI. “For us this means that the ability to provide valuable consulting services in AWS is paramount to our clients. AWS is what the market is looking for and WCI is certifiably proud to offer our skills. My team worked hard to get the Advanced Certification and we’re excited to see how AWS helps our clients.”

WCI has worked with clients in various industries that are continuously requesting pathways for cloud transitions due to the cost savings and ease of scalability that AWS offers. “AWS is the best fit for any business because it scales to only what you need and can be adjusted quickly as a business grows. AWS has allowed our clients to attain their data management goals, while saving money on infrastructure.” describes Hagans.

About WCI Data Solutions: 
Headquartered in Dallas, Texas, WCI Data Solutions has focused on providing clients with industry-leading data strategy since 1998. Their services apply the most effective and appropriate solutions to help organizations turn data into valuable business information. WCI also specializes in seeing through convoluted systems to make sense of data in a way that’s best for the clients’ business needs. By focusing on the leading vendors in data analytics, business intelligence and data management WCI ensures that the clients’ business has access to the right plan to achieve the results that they want.

http://www.prweb.com/releases/2018/04/prweb15407709.htm

Power BI to PostgreSQL Connection on AWS

Are you looking to connect Microsoft Power BI to a PostgreSQL AWS (Amazon Web Services) RDS (Amazon Relational Database Service) instance?

This video shows you how to connect to a PostgreSQL AWS RDS instance from the Power BI Desktop. Amazon Relational Database Service (Amazon RDS) makes it easy to set up, operate, and scale a relational database in the cloud. It provides cost-efficient and resizable capacity while automating time-consuming administration tasks such as hardware provisioning, database setup, patching and backups.

Beyond the AWS Tutorials

If you’re stuck and need help in all things Amazon Web Services you’ve come to the right place. WCI has been in the business of getting data to decision makers since 1998 so we really know our stuff. Check out our AWS Consulting page for more information.

Also, if you have any suggestions for a tutorial video give us a shout on the contact us page to share your thoughts, we’re always looking for new ideas!

>>> Check out our video tutorial on connecting Microsoft Power BI to SQL Server on Amazon RDS (Amazon Relational Database)

Power BI to RDS MySQL Connection on AWS

Are you looking to connect Microsoft Power BI to an AWS (Amazon Web Services) RDS (Amazon Relational Database Service) instance?

This video shows you how to connect to a MySql AWS RDS instance from the Power BI Desktop. Amazon Relational Database Service (Amazon RDS) makes it easy to set up, operate, and scale a relational database in the cloud. It provides cost-efficient and resizable capacity while automating time-consuming administration tasks such as hardware provisioning, database setup, patching and backups.

Beyond the AWS Tutorials

If you’re stuck and need help in all things Amazon Web Services you’ve come to the right place. WCI has been in the business of getting data to decision makers since 1998 so we really know our stuff. Check out our AWS Consulting page or Power BI Consulting page for more information.

Also, if you have any suggestions for a tutorial video give us a shout on the contact us page to share your thoughts, we’re always looking for new ideas!

Tableau to MySQL Connection on AWS

Are you looking to connect Tableau to an AWS (Amazon Web Services) RDS (Amazon Relational Database Service) instance?

This video shows you how to connect to a MySQL AWS RDS instance from the Tableau Desktop. Amazon Relational Database Service (Amazon RDS) makes it easy to set up, operate, and scale a relational database in the cloud. It provides cost-efficient and resizable capacity while automating time-consuming administration tasks such as hardware provisioning, database setup, patching and backups.

Beyond the AWS Tutorials

If you’re stuck and need help in all things Amazon Web Services you’ve come to the right place. WCI has been in the business of getting data to decision makers since 1998 so we really know our stuff. Check out our AWS Consulting page for more information.

Also, if you have any suggestions for a tutorial video give us a shout on the contact us page to share your thoughts, we’re always looking for new ideas!