Importance of right reporting, analytics and information delivery
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To implement a comprehensive business intelligence platform, organizations must design an effective reporting, analytics and information delivery framework. This strategy encompasses the ability for end users to efficiently consume integrated data in an efficient manner to drive proactive decision-making and develop a competitive advantage.
The ability to perform sophisticated and innovative reporting and analytics is becoming critical for all organizations. Processing timely data and the proper reporting and analytic capabilities enhances the ability to make more informed, evidence-based decisions.
The right reporting, analytics and information delivery strategy can have a significant impact on an organization, fundamentally changing the way people perform their jobs and how decisions are made. The benefits of a successful strategy include:
- Targeted delivery of data and reporting and analytics capabilities
- Increased productivity
- Employee satisfaction
- Improved analysis and decision-making
- Increased organizational communication and collaboration
Reporting, analytics and information delivery can have a transformational impact on an organization if implemented correctly. However, deciding which capabilities to utilize can be a daunting task for many companies. A range of options exist, and by focusing on each of them and how they can align with business goals, organizations can increase the success of the overall business intelligence environment.