More Resources and Articles About InetSoft's BI Trends
10 Key Business Analysis Trends - So, without further ado I'd like to share with you our 10 key business analysis trends for the coming year. Also, as we go on we are going to be putting up poll questions, so there will be plenty of opportunity for you to voice your opinion and have a say in the webinar. So I am looking forward to hearing your responses to some of the questions we've loaded in, in the form of polls. Also I will do my best to answer questions as we go on fly...
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Aesthetically Pleasing Visualization - The use of intuitive and aesthetically pleasing visualization for the discovery of data patterns is gaining popularity over the traditional reporting function of BI. InetSoft's new and more agile visualization tool enables interactive dashboards to be built and customized using a simple drag-and-drop interface. As basic computing has become a norm for most employees, an easy-to-use BI solution such as InetSoft's can be used pervasively across an organization. Style intelligence can be operated without extensive knowledge of statistics or assistance from IT...
Agriculture Industry KPI Dashboard - Feed and water consumption: Water, manure, feeds, pesticides, and insecticides cost a significant sum of money in agriculture. Data-driven agricultural decisions can help minimize their use without damaging the crop or stock. The wages to revenue ratio: People that all farmers would like to pay less and earn more but it has been observed that those who pay higher wages to their employees see more productivity and profit. This metric can guide farmers to see how the wages to revenue ratio impact their profitability...
Analysis Product Information - This is a table of contents of useful product information about, and benefits of, InetSoft's analysis capabilities built into its business intelligence software for dashboards, reporting, and analytics. 4 Ways How Credit Unions Use Dashboards and Analytics - Like many other businesses now, many credit unions are struggling with continuous technology adoption and innovation. Some may find themselves behind on many important technological trends and face increasing concerns such as cyber security issues, fintech solutions, and marketing challenges. To survive and thrive in the ever-changing banking industry, credit unions need to invest in the latest industry technology...
Analytics for Real Estate Agencies - By using this type of analytics, real estate agencies will be able to make smarter moves and approach the customer the right way. They'll know what neighborhood to offer, what type of property to show them, when to reach out to them. Using analytics, they are able to make far better recommendations and achieve better results. In real estate, mitigating and managing potential risks can make you or break you. If you don't think ahead and conduct proper research on potential risks, your plans might take the wrong turn. Luckily, analytics can help today's real estate agents mitigate risks and form smart decisions based on the data they collect...
Basic Rules for Using Analytic Tools - Analytic tools are not that difficult to use. However, there are some basic rules and regulations that are to be followed when using analytic tools. The person must be quantitatively educated. The person should be well versed with technology. He should know about the exports and the imports. Export companies, while dealing with these analytic tools, should often upgrade themselves and their employees. These are some of the basic best practices that should be followed while dealing with trade analytics...
Benefit of the Data Lake - The benefit of the data lake is you're just landing the data there in its raw format, and then you're doing the transformations and the shaping after it's already landed. So it's much more flexible and that way it enables you to do the kinds of shaping that you need for the right analytical use case. Larry, any other thoughts on this one? I would say as having been a consumer of data and a business user myself, including data prep into the analytics workflow just makes a lot of natural sense because at the end of the day, for great analytics you need great data, and the business user or any user for that matter doesn't have to wait for someone else to do that prep for him...
Benefits of a BI Product - This is a continuation of the table of contents of information relating to InetSoft's enterprise BI products. Since 1996 InetSoft has been delivering easy, agile, and robust business intelligence software that makes it possible for organizations and solution providers of all sizes to deploy or embed full-featured business intelligence solutions. BI Solution for Dynamic User Requirements - And then they talk about transforming a BI solution to fit the dynamic user requirements, implementing a formal methodology, agile software development and techniques and tools to accelerate development testing. Deployment should be ongoing. Scoping should be followed by rapid iterations. Allow for evolving requirements. Use scrum sessions...
BI Intelligence Information from InetSoft - This is a continuation of the table of contents of product information relating to BI, or Business Intelligence, products and solutions from InetSoft. Application highlights include visually-compelling and interactive dashboards that ensure greater end-user adoption plus pixel-perfect report generation, scheduling, and bursting. InetSoft's patent pending Data Block™ technology enables productive reuse of queries and a unique capability for end-user defined data mashup. Aberdeen Group's Agile BI Benchmark Report - Business intelligence technologies are well established in many organizations - half of the organizations that Aberdeen surveys have been using BI for 5 years or more. But, despite this wealth of experience, Aberdeen has found that only...
BI - Only Information Delivery - More recently, the focus has shifted toward operational business intelligence, where the business intelligence solution is deployed in parallel with specific operational solutions and processes, thus enabling "right-time" decision support to a broader base of users at all levels of the organization. The resulting tools guide users through a decision-making workflow by performing some analytic functions "behind the scenes" while leaving enough flexibility for users to perform their own personalized analytic activities...
Big Data Analytics Trending - Actually the mega trends are really broad, and they tend to influence everything, not just data integration, but databases, applications, just presently hit everything in IT. And for years one of the leading mega trends, at least one that was the most pressing issue, and for some organizations it was actually a crisis level, that would be the increase of data volumes. And if you think back to when the first explosions of data volumes hit us in the late 90s, early 2000s, you know a lot of organizations weren't prepared for that, and a lot of the technology for managing data wasn't there...
Blog Article About Free Dashboard Tools - Looking to free software for dashboarding and visual analysis? InetSoft's new Style Scope Agile Edition is designed so that business users can start building dashboards immediately upon downloading, and is free to use in small groups.Compatible data sources for this Agile Edition include relational databases (JDBC), Microsoft Excel, and .csv files. An extensive library of chart types, as well as input elements such as selection lists, ranges, sliders, enable new patterns and trends to be discovered with a few clicks of a mouse...
Business Intelligence Covers Ground - Now before we end I just have to warn you. Business intelligence, it's just a big term, right? It covers a lot of ground. You have got to be wary of vendors who overuse the term. I could give you examples of certain companies who will say that they use business intelligence and data warehouses, and it's really not anything more than putting lipstick on a pig. They've just taken some ugly implementation and added a few fancy reports to it, and now they call it business intelligence. They call it a data warehouse...
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Data Integration in Pervasive BI - What role does data integration play in pervasive BI? It certainly simplifies and it makes it more possible to become pervasive. InetSoft's unique data mashup engine allows combinations of almost any data source into a common BI infrastructure so you can make dashboards and reports that previously had to be done manually in a spreadsheet, for instance...
Data Warehouses and Transactional Databases - With mashups, if you take this one step further, the data warehouse and transactional databases and the many external data sources, such as if you have got a feed in a flat file format, if you have got a spreadsheet, all those things you can begin to mashup. So you have an end-user driven process sitting in front of your data assets, which includes the warehouse and everything else. Users can explore and make the data into certain shapes...
Drop-downs for Dimension Selections - A very powerful innovation in visual analysis is the ability to change what is on the X or Y axis, or the "size by" or "color by" options. By using simple drop-down menus of available choices for any of these four settings, dozens of useful charts and analyses can be accessed in a single visual analytical view. Filtering the data displayed on a graph is as easy as checking off selection boxes from criteria lists, as many lists as applicable. Date selection is another level of filtering, and date sliders or visual calendars are visual controls...
Evaluate InetSoft's Business Analyst Reporting Software - Looking for good business analyst reporting software? InetSoft is a pioneer in self-service reporting and makes it easy to create analytical dashboards with a drag and drop designer. View a demo and try interactive examples...
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Examples from Analytical Tools - For example, in the construction industry, modern construction projects involve various cost reports to make sure money and labor hours are all accounted for correctly. This is where InetSoft's data analyzing software comes in. Using InetSoft's analytical tools takes data analysis to the next level, giving the user a visual representation of the data in charts, graphs, and other various special features that can help decipher certain patterns and trends from the data as a whole...
Explaining Visualization Tools - Visualization tools are software applications that allow users to create charts, images, diagrams, or animations to effectively communicate a message. When referring to business visualization tools, we need to creating visual guides of how our business is doing, that is easy understood by any level of employee at your company. Visualization is a technique that allows for the representation of data set graphically. When business data is large and very abstract, visualization tools help make the data easier to read and understand...
Extract Value with Analytics - The topic of mobile and the whole issue of ubiquitous knowledge anytime, anyplace, anywhere, the way in which information is consumed is important. The issue of the emergence of new distribution channels, and the tradeoff often giving away location for example, in return for value, are other challenges. It's interesting that for different demographics there are different viewpoints in terms of what information they are prepared to share on their mobile device in return for, for example, a cheaper cup of coffee. Analytics in all its different forms, I will talk about that in more detail later...
Highlight Specific Geographic Levels - You can highlight specific geographic levels in a map based on the data they represent. For example, you can highlight an entire state, or highlight just the cities within the state. In this example, you will highlight in green all the states where the Sum(Quantity Purchased) ranges from 0-1500, and highlight in red all the states where the Sum(Quantity Purchased) ranges from 1500-5000...
Hospitality Industry Data Analytics - Hotels vary by size and purpose, with each trying to attract highly specific audience groups. A report reveals that more than a billion people travel every year, which makes it practically impossible for any hotel to indulge such an incredible variety of personal needs and interests. What you can do, however, is to use big data analytics to segment the customers and perfect your offer. Instead of making strategic decisions through guesswork, you can accurately identify your target audience and concentrate marketing and sales efforts on this cohort...
Information About Analytical BI Applications - Researching analytical BI applications? InetSoft offers a small footprint BI platform that enables advanced visual analysis combined with ease of use and easy deployment. View a demo. Machine Learning Applications - Machine learning applications have the power to transform companies and elevate them to new heights. InetSoft has brought its flagship BI software to the realm of machine learning by providing an integrated visual analytics interface to help end users understand the results of a machine learning model. This makes the running of ML algorithms as easy as clicking a button...
Insurance Analytics Expert - The client sought to create an end-to-end insurance BI solution which would provide insurance companies with access to and analysis of real-time data, so that insurance companies could discover trends and insights across their entire customer base. The client wanted to build their solution from insurance industry standard data models (Acord & OMG) that include line-of-business details such as worker compensation. Incorporating these data models into the solution would allow insurance companies to do consolidated operational reporting and analytics...
Integration of Data for Capital Markets Companies - And so another drive in terms of the major trends in technology around capital markets is the integration of data. However, something that I would like to direct special attention to is that this reduction of complexity and cost is never going to occur at the expense of capability and performance. Those two things really are the competitive advantage of a lot of the premier trading houses on Wall Street. We have seen a rapid rise in the level of attention towards data warehousing from capital market firms simply because there is a need for a single source of the truth in regards of the data. And what I mean by that is the single data repository needs to have the most granular, the most voluminous and the most complete and fresh data as well as being enabling an optimal analytical environment...
Interact with Data Analytics - Interact more with the data in terms of analytics. As more and more users in the organization start thinking about building predictive models and trying to work with the data and look at different levels of the data, particularly, if they're looking at a dashboard and want to dive in and understand some of the metrics that they're taking to look at...
Law Firm Business Intelligence - So how are the investors in business intelligence and analytics tools using them to get a competitive advantage in the legal practice market? In this article, you'll learn about the ways in which these solutions are changing the way people do law firm management today...
Main Varieties of Dashboards - There are two main varieties of dashboards: analytical dashboards and operational dashboards. Analytics dashboards are just that, analytical. They are created for the sole purpose of gaining knowledge and insight from data. Users of these dashboards seek insight into the past and the future, wondering what happened and what's to come...
Move On to Machine Learning - Now let's move on to machine learning which is a subset of artificial intelligence. It provides computers with the ability to learn without being explicitly programmed and utilize predictive analytics to forecast outcomes and also to assess the probability of future predictive events. Machine learning has the ability to identify risk and to identify opportunities for businesses by using cognitive computing techniques, and it supports much greater efficiency. It can understand and can respond to human sentiments and emotions as well. Machine learning has gotten beyond the capabilities of predictive analytics and beyond the capabilities of big data analytics...
New Analytic Chart Engine - We have implemented a new chart framework that can present even more information in a single graph. Now you can leverage visual representations to quickly identify patterns, trends, and problems. The new chart also gives even more power to the end user, allowing them to manipulate the dimensions and measures and how they are displayed. Users can also brush the data points in a chart to highlight those outliers in other charts. For example, track unusually low sales back to the geography, salespeople, and products responsible...
OLAP Product Contents - This is a table of contents of useful product information about, and benefits of, InetSoft's capabilities for its business intelligence software to access OLAP cubes for easy and flexible dashboards, reporting, and mashups, Another Definition of OLAP - So another definition of OLAP is that it's an approach to swiftly answer multidimensional analytical queries. We are really getting into the geek speak now, right. Now, let's break it up. Let's walk it through backwards. Queries, we are talking about questions. Analytics, this is where we are trying to get to that that intelligence, that information...
Optimizing Route Planning with Analytics - Route planning is a critical aspect of the logistics business, especially amongst freight-forwarding companies and couriers. Without going through this phase, there might be many inefficiencies in last-mile shipping and fuel consumption. If freight forwarders arbitrarily plan their routes without actionable intelligence, this can lead to unnecessary delays and unsatisfied customers...
Participate in Data Visualization - Yes, indeed, so data visualization, you know, obviously it's used in a variety of ways. Of course, dashboards can be viewed as some sort of visualization; but really I think we're going to talk more about data visualization as it's used to find patterns and to see outliers, for example. And that's a lot of what all this analysis stuff is all about, right? What are the outliers? What are the trends...
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“Flexible product with great training and support. The product has been very useful for quickly creating dashboards and data views. Support and training has always been available to us and quick to respond.
- George R, Information Technology Specialist at Sonepar USA
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Power of Data in Business - The power of data in contemporary business and science is immense. No industry can really make progress without the analysis of massive information libraries that give us fresh insights and enable new breakthroughs. Biotech is not an exception here as it relies heavily on big data analytics. But how does data science influence the biotech industry? What are the most common use cases of big data in biotechnology? If you are interested in seeing the answers, keep reading to learn more about this amazing topic...
Railroad Industry Uses Analytics - Every industry is racing towards reaching a completely modernized system that allows heightened automation and collaboration between technology and humans. Various solutions have been developed by OEM equipment manufacturers outfitted on freight cars. Some of this equipment includes sensors and other hardware installed to monitor a variety of parameters. That has made the jobs of railroad personnel much more streamlined with increased productivity and frees up time to focus on other sensitive matters...
Retail Behavior Intelligence - Here are some ways in which Starbucks uses business intelligence data to predict and impact customer behavior: Menu optimization. Starbucks is known to align its menu with the target audience's preferences. For example, they make product decisions after analyzing data on sales from specific stores and areas. Personalization of customer experience...
Sales Trend Analysis - Trending and forecasting analysis displays trends over time for measures such as product sales, market share or average selling price. Trends are typically observed by plotting historical data over time on a chart display. This can be easily accomplished using InetSoft's Style Intelligence. A prevalent use of trend analysis is to determine if the current value of a measure is an exception to the expected trend. To do this manually requires the observer to review the data on a regular basis that is inefficient and time-consuming...
Tracking Business Intelligence Metrics - Searching for a way to track business intelligence metrics? InetSoft offers an easier to use, easier to deploy BI platform that is also more cost-effective. Read about using InetSoft's BI software...
Visualize Common KPMs - To visualize how some common KPM's can be charted and analyzed in InetSoft's application look at the example screenshot to the right...
Weekly Business Reporting Tools - Weekly reports are vital for the regular monitoring and control of business conditions. But in many cases, the production of weekly reports puts additional demands on administrators and employees. And with so much business travel and work done out in the field, report accessibly and deliverability can also be an issue. Our solution, Style Intelligence, makes the setting up and delivery of weekly reports easy and efficient...
White-Label Friendly Dashboards - Are you looking to enhance your existing software offering with customizable dashboards and reports? Many enterprise software providers, while being experts in their specific industry areas, do not have the time or expertise to include truly robust visual analytics in their applications...