Business intelligence is no longer a “nice to have.” Nearly every organization needs to employ some form of data-driven decision making to achieve their business goals and exceed their competition. Embiro can help.
Achieve New Levels of Success
Business intelligence — the ability to acquire and apply knowledge — enables you to transform your large amount of data into actionable insights. And thanks to today’s more robust, cost-effective analytics and technology platforms, it’s accessible to everyone.
Unfortunately, more than half of business intelligence initiatives fail due to a combination of challenges, ranging from poor data quality and management to lack of business intelligence expertise to not adapting reporting and analysis as the business matures. Such failure can mean months or years of lost opportunities, significant setup costs, and frustration.
An expert business intelligence consultant such as Embiro not only will mitigate this risk, but more so enable you to EVOLVE your organization and achieve new levels of success:
Develop a solid business intelligence vision and strategy
Improve your overall data quality
Streamline access to multiple data sources
Adapt to business requirements and opportunities
Implement effective business intelligence tools
Maximize ROI with proper business intelligence training
Take action on new insights and recommendations
Creating a Business Intelligence Infrastructure
Successful business intelligence consulting focuses first on the data and then on the analysis, in three key phases:
- Data Management
- Data Visualization and Dashboards
- Business Analytics
Proper data governance is the first step towards business intelligence and includes:
- Defining the data structure based on business requirements
- Defining data governance policies
- Specifying the data collection process and methods
- Processing and preparing the data for analysis
- Warehousing the data
- Validating the data through quality assurance testing
Solid data management leads to the next phase, visual analytics, which includes report automation, visualizing key performance indicators, alert monitoring (red flags), and answering general business questions through custom dashboards.
Documenting the strategy for visual analytics will improve both your decision making and internal communication throughout the company.
Some of the best questions surface after stakeholders have been able to visualize and digest their data over time. A strong understanding of performance measures and directional trends pave the way for more advanced analytics, in areas such as:
Customer segmentation
Data Mining
Predictive Analytics (forecasting)
Machine learning
Leveraging a business intelligence analyst can help you unleash the power of your data to do more of what works, and less of what doesn’t.
Unique Approach to Business Intelligence
One thing that differentiates Embiro from others is our focus on getting the right data, and knowing how to eliminate the bad. With business intelligence consulting, you’ll discover which metrics are most valuable to your company, which data sources can provide answers to key business questions, and how to display the data in ways that help your team make better decisions.
You’ll also benefit from a proven approach and repeatable process that encompasses:
Strategy
Perform initial discovery, assess client needs, document business goals and objectives, and create an action plan.
Implementation
Acquire and connect the data, validate and cleanse it, develop data management processes, and analyze.
Optimization
Evolve analysis and reporting, adapt implementation, and develop new dashboards as business changes and matures.
Training
Tap into business intelligence consultants for ongoing education and training to achieve sustainable results.