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In the age of data discovery, a lot is riding on IT leaders and their teams. Managing the rapidly evolving data infrastructure is a challenge, not to mention the delicate balance between data accessibility and security.
But if there's one clear trend in the shift from business intelligence to data discovery, it's the need to provide analytics. With self-service tools, business users of all levels can mine their data for insights, to the benefit of their departments and their company. Here are some telltale signs more self-service reports are needed at your company, and how IT benefits.
We've also pulled out the first several pages of the whitepaper for you to read. Download the PDF on the right to read the rest.
IT leaders have a lot riding on their teams. Hot topics range from ensuring security and evaluating SaaS models to managing an exploding data infrastructure and supporting mobile devices. All this against the backdrop of shrinking budgets and faster delivery timeframes.
But there’s another growing pressure that IT must face: the need to provide analytics. Corporate leaders are acutely aware that buried in all their data is the secret sauce for competitive differentiation and industry leadership. And they turn to IT for the solution.
In this era, leaders within many industries – companies like Amazon, Capital One, and Harrah’s – have built their prowess on analytical cultures. As Thomas Davenport and Jeanne Harris explain in their book, Competing on Analytics, “Organizations are competing on analytics not just because they can…but also because they should.”
How can you close the gap between the goal to become a data-driven organization and the reality of tight budgets, a business intelligence (BI) team without bandwidth, and demand for solutions that can be up and running immediately? Self-service business intelligence.
Instead of confining your organization to a small number of expensive, elite BI professionals, self-service BI equips individuals throughout the organization to investigate their own data, including creating reports and dashboards as well as ad-hoc analysis.
The good news? These people are experts and they know exactly the questions they need to ask and answer. The great news? They’ll have a solution that gets them answers quickly that they, in turn, can share with colleagues, fueling the reality of a data-driven organization.
How do you know you’re ready for self-service BI? Look for these 7 indicators:
If any of these feels familiar, it’s time to get started with your self-service BI solution.
Self-service BI isn’t just about making more people able to do their own analytics. En route to this end game, IT benefits, too.
Optimize your data infrastructure
Instead of drowning in BI requests, you free up resources to determine how best to set permissions and access to the wealth of data you manage. Now when individuals in your company do their analytical work, you’re satisfied they’re accessing accurate and secure data.
Increase ROI on data investments
If you’re like most organizations, you’ve invested significantly in data warehouses, applications, and associated quality and integration to ensure your data is useful. By exposing this data to more people in the organization, the value of these assets skyrockets.
Maintain governance and security
This becomes especially valuable if you’re an organization with one of those renegade departments already using self-service BI. When you take charge of the implementation, you can layer in protocols that align with your IT standards.
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