Here at ThoughtSpot, we firmly believe companies should love their BI reporting solutions. Otherwise, organizations just won’t get the most out of their current analytics strategy.
Why? Because employees tend to shy away from using BI systems that are too clunky, inflexible, inaccessible, or slow. And lower adoption rates inside and outside of your company mean you’re unable to reap the latest in business intelligence benefits—like uncovering new revenue streams and empowering people to perform their own data analytics!
Here’s a closer look at two business intelligence reporting solutions companies love.
Imagine if your employees, partners, and customers could suddenly run their own ad hoc search queries. Well, now they can. Search-driven analytics from ThoughtSpot provides search suggestions and enables users to build their own real-time data visualization models on the spot.
Best of all, this BI tool requires no advanced training to use. Even complex queries involving multiple sources and many rows of data return instantly in a highly digestible format thanks to ThoughtSpot’s next-generation analytics platform.
Embedded dashboard business intelligence makes it easy to share insights by integrating them into whatever apps and portals your organization already uses. People tend to appreciate this quick, transparent approach to collaboration.
Artificial Intelligence Engine
In this day and age, it’s also paramount to have a way to pull insights from structured data—even if users don’t yet know what they’re seeking. The SpotIQ AI Engine uses advanced analytics algorithms to return automated insights relevant to the specific user. You know, those interesting tidbits that make you say “aha!” but that would have taken a team of human analysts weeks or months to find.
Insights come back within seconds, and the system gets ‘smarter’ each time thanks to machine learning algorithms that incorporate human feedback.
Business Intelligence Basics
Good BI is applicable across all industries because all business users can gain something from crunching their own numbers: marketers, department managers, HR directors, hospital administrators, engineers, executives, financial traders and many more.
The best BI reporting solutions are quick, accessible, transparent and easy to use. Discover what ThoughtSpot can do for you today.Business intelligence reporting is meant to inform decision-making and improve business outcomes. But BI reporting is only as effective as it is transparent, accessible and responsive. Demystifying your company’s BI reporting processes involves a combination of utilizing the top BI tools and empowering employees to take an active role in querying data.
Defeat the ‘Silo Mentality’
Business intelligence risks becoming a mystery anytime organizations operate with a “silo mentality.” This approach tends to hinder collaboration and productivity. If your data processes are siloed, this means only IT and data specialists have access to data. Other departments—marketing, sales and HR, to name just a few—must work through this centralized structure, submitting requests for reports.
The problem with a siloed approach is that it keeps many employees and partners in the dark. It also tends to extend the timeframe for generating reports. This, in turn, delays important decisions.
What’s the opposite of the silo mentality? Self-service BI, which “means that anyone in the organization can get the answers they need instantly, without help from a third party.” So, end users can query company data directly, getting the answers they need on the spot rather than waiting for a static report.
Simplify Visualization and Sharing
Disseminating data insights throughout an organization is just as important as discovering them in the first place. The ability to embed tools, charts, and dashboards into BI applications keeps everyone in the loop without any hurdles.
Want to monetize company data? Demystify it first. Learn more about BI reporting from ThoughtSpot today!Watch demo