Why We Love Business Intelligence Reporting

Why We Love Business Intelligence Reporting

Sep 04 2015

BI Reporting & Dashboards

5

The current requirements for business information delivery stress on the fact that business information must be available on a single view across the enterprise, based on which different parts of the enterprise can reach decisions. Thus, it is not incorrect to conclude that all effective information-delivery technologies must deliver interfaces tailored for users with varying skill levels.

In a typical business setting, executives may need updated forecasts daily on their dashboards, managers may require the same forecasts in PowerPoint presentations, and a line supervisor may want to share these forecasts with the peers in Excel sheets. So, modern information-delivery platforms must support single-views and different delivery channels.

According to a Bilozix report, in the last few years reporting has moved from a passive feature to an interactive, user-driven event where users have the power to view or alter events as they happen (real-time)!

BI reporting technologies have evolved so much in the last decade that enhanced reporting, user-controlled reporting, and visualization tools have emerged to provide a more personalized reporting experience. In most busy business situations, executives or managers may have to sieve through piles of business insights to make a quick decision; so these sophisticated information delivery platforms come handy during these real-time business operations.

Today’s Information Delivery Systems

Modern information delivery or reporting platforms accompanying most BI systems have the following characteristics:

  • Interactive and custom dashboards and scorecards with interactive visualization tools
  • Highly scalable distribution capabilities
  • KPI dashboards with segmented reporting capabilities and intuitive displays
  • Dashboards supporting real-time operational data
  • Reports supporting ad-hoc user queries on remote workstations
  • BI systems supporting query auditing
  • Built-in search index for structured and unstructured data
  • Full integration of MS Office suite for user’s ease of use
  • Complete mobile device integration

As enterprise-level BI systems are very expensive to implement, maintain, and upgrade, the medium and small businesses now have a choice to move to Cloud-based SaaS platforms, where subscription-based BI services are provided with zero, on-premise infrastructural requirements.

Advantages of SaaS Solutions for Enterprise BI

The mid-ground BI solution is a Cloud-based, software as a service (SaaS) business intelligence and operational reporting system that makes use of cloud-based technologies. Most of these services support data warehouses for varied data sources, standard reports, executive dashboards, and ad hoc reporting capabilities. These solutions provide significant cost savings while promising operational efficiency to organizations.

A BI like SAS Combines forecasting with other business intelligence technologies to go beyond just a historical view of their business to having a more predictive view of their business. These solutions are available 24/7 with virtually no downtime, and all maintenance issues are handled by the service provider. The businesses can seriously concentrate in their business operations, knowing that their BI systems are managed by professional service providers with skilled experts. Data security is an ongoing issue, but advanced, security technologies have managed to address most of the major issues.

 


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