Whether you are sole proprietor of the business, or project manager handling the entire process, Reports & Analytics can help you monitor what’s going right or wrong and help you to save money & time.
While we hear much about a software application’s
performance, UI & uses, two most important pieces of the ecosystem
is Reporting & Analytics. These two pieces
play a vital role in the business. After all what’s the point of spending all
that money and time in creating an application that can record your data but
not measure your success?
Start with Data:
There is no shortage of data in the world. Data is extremely
powerful and Data rules the world. While some business owners make decision
based on the gut feeling, market leaders know the importance of relying on data
and making affirmed business decisions. However mere data would not serve the
purpose. Data needs to be collected first. In other words you need to know what
data you need to obtain that would be of value to your business.
Clarify:
Once you have identified the kinds of data you want to acquire
for your system, you need to identify the data that you don’t need in your
system. Weed out the unnecessary transaction information. This is especially
true for those moving from paper work to custom applications. Eliminate all the
form numbers, date, signatures etc. If needed these can be automatically
generated or captured via system. Make sure you have the crust of information and
not the same clutter that exists in the paper works.
If suppose you are gathering data from old systems, accessdatabase or from flat (csv) files. Use Data Warehousing tools such as ETL (Extract,
Transform, and Load) to clearly identify, extract, transform and load the good
data into your central repository for Analytics & Reporting.
Visualization:
“Don’t tell me, show me and I understand” holds true when it
comes to visualizing the Reports and data Analytics. Rows and Columns don’t make
sense unless they are transferred into meaningful drilled down reports, or
gauges or trends that can be understood at a glance. If you are the decision maker you don’t want
to be buried in array of data, what you need is concise information that can propel
you in the right direction. If you are developing a custom software application
for your business, have a clear conversation with your software consultant to
understand what kind of reports would benefit your work.
Web works:
This could be just my perception, but I have seen many of
our clients benefitting out of this one decision. Keep your application web
based and host it in the cloud / within your office network. This would enable
your workforce to access the application anywhere and feed in the required
data. This could also mean you can have access to your data from anywhere in
the world. Reports and Analytics can be done in real-time and can be generated
at single click.
In Short:
There are numerous off the shelf products that can enable you to transform your data into meaningful reports and analytics. However not all of them might be suitable for you. If you build a custom software application you may be able to define your business goals and align them to Reporting & Analytics. Integrating Business Intelligence tools such as Voyager BI would transform your reporting needs to cake walk. Thanks for stopping by and Have a fantastic day.
Srivatsan Aravamudan
Public Relations and Social Media Manager
Srivatsan Aravamudan
| General Enquiries | : | info@psibertech.com.sg |
| Sales Enquiries | : | sales@psibertech.com.sg |
| Telephone | : | +65 62689551 |
| Fax | : | +65 62689858 |
Public Relations and Social Media Manager
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