Business Intelligence Dashboard- Everything you need to know

Introduction

Business Intelligence dashboard tools or BI tools are Data visualization tools that help organisations to make decisions, track performance and formulate strategies. One of the most substantial BI technique is Dash-boarding. Business intelligence Dashboards help in displaying raw data into meaningful data with which the statistical performance is mapped. Dash-boarding can be achieved even with well-known but simple tools such as excel and Access but integration and visualization becomes an overburden with them. But thanks to rapidly growing technology, the introduction of advanced tools such as Business Intelligence Dashboards make some heavy load tasks such data integration easy and manageable. Data integration and meaningful data is important but not everything can be done by machines. You will also need the right people to fetch the meaningfulness and put it to good use for your organisation growth.

Why Business Intelligence Dashboard?

Need more reasons to install this system into your organisation? Read on there are plenty.

Business intelligence dashboards have a strong and user friendly interface which display the key performance indicators for an enterprise. You may be running a web based add campaign, and you need to track your campaign’s performance, and make decisions for its upward mobility thus bringing profits to your organisation.

Business Intelligence Dashboards help tracking the current status at a certain given time unlike a progress report that tells you the overall performance like score cards. Certain Business Intelligence Dashboards do have the capability of tracking current performance based on a specific goal. BI dashboards are so much more than just tracking performance. They tell you exactly what people would like to see, for instance if you are planning to design a mobile app you should know what exactly people look for in terms of functionality, information and interface requirements. And BI dashboard is all the statistics accessible in one place for you to benefit from.

Design and Functionality

Looking at everything available at one place, design of the Business Intelligence dashboard plays a vital role. The interface should be designed in such ways that are user friendly and that can highlight the main functionalities. The functionalities of BI dashboards are very flexible. Unlike Excel and Access, they can display data dynamically from various viewpoints. For instance, you can get a report on the total number viewers who have subscribed to your channel, view the popularity of your channel at different levels, and finally do a trend analysis of the progress over time.  I can’t stress enough on the importance of integration of data. Your organization may have data compartmentalized and coming in from many different sources and categories and a Strong BI tool will efficiently do it for you. According to a survey conducted by Google – only 26% of the surveyed marketers say that their BI tools are well integrated for smooth performance. But those who do have well integrated system can outperform revenue goals.

Business Intelligence dashboard
Picture Courtesy: Google

 

Platforms

Cost of the systems you will need to further your business is another think to take into consideration.  You can easily find Business Intelligence Dashboards and Other BI tools at affordable prices in different platforms. You can choose the most suitable one for your enterprise such as web based analytical tool which is easy to access and connecting them to different web based data sources also is as easy as clicking a button. Cloud based applications are easy to deploy and maintain on multiple systems and are very secure. They are available on windows, Mac and Linux platforms.

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