Business Analytics: Business Dashboards and the Power of Organized Data

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<h1>Business Analytics: Business Dashboards and the Power of Organized Data</h1><strong> Author: <a href='http://www.articleseen.com/profile_Marcia Garza.aspx'>Marcia Garza</a></strong><br /><p>If you're like a lot of companies, your data probably qualifies for its own episode of "Hoarders" the TV show, with boxes of proverbial data festering on top of each other in pure garage chaos. If this sounds like you, take about five minutes to have a good laugh at your expense and then start Googling business analytics. Self humor will probably take longer, as getting on board with business dashboards requires very little time or energy on the part of the business. Hey, saving time at organizing your data is the exact reason the technology was invented in the first place. Let's weigh the benefits of business analytics. Consistent Terminology Likely, you've got a million of cross sectioning reports, each quantified by a different department so it kind of takes on a mind of its own. Different teams may use different terms for the same data, define it or organize it differently. In other words, the data never matches up at the end of the day, making comparisons virtually impossible and the value of the data next to worthless. Business dashboards get everyone on the same page, so data is translatable through every later of the company. The technology is designed to help the company function as one cohesive organism. Consistent Data Like the terms you use to describe the data, it's important to also have a universal system for the data you're measuring. Business dashboards take care of this for you, quantifying and measuring data in a universal method across every later and division of your company. It eliminates redundancy and saves time, making the process automatic and transferable. It's the whole function of business analytics in the first place. Consistent Analysis The whole point of business analytics is to measure the company across the board so that comparisons can be made and conclusions can be reached. When you're analyzing data on a more cohesive, universal demographic, you can better make comparisons, not only to your own companies but the competition and other businesses faced with similar challenges and constraints. Data is all about trends. When you're analyzing across an industry standard, these trends can better be defined and analyzed, taking advantage of solid marketing opportunities. Get organized with business dashboards. They save time and money, making the everyday business processes easier. Data speaks for itself. The sciences of business analytics translates data to real business solutions so decisions can be made on facts and not just gut feelings.</p><strong>About the Author:</strong><br />Alastair Houghton is the author of this article discussing <a rel="nofollow" href="http://www.inetsoft.com/products/StyleIntelligence/">business analytics</a> and <a rel="nofollow" href="http://www.inetsoft.com/company/business_intelligence_dashboard/">business dashboards</a>.<p> Article Source: <a href='http://www.articleseen.com/Article_Business-Analytics-Business-Dashboards-and-the-Power-of-Organized-Data_66010.aspx'> http://www.articleseen.com/Article_Business Analytics: Business Dashboards and the Power of Organized Data_66010.aspx</a></p>

Article Source : http://www.articleseen.com/Article_Business Analytics: Business Dashboards and the Power of Organized Data_66010.aspx

Keywords : business intelligence, analytics, dashboards, technology, software, data visualization,

Category : Computers : Software