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Business Intelligence

Create business reports in under 5 minutes

Save TimeSome people request them from the IT department. Others lock themselves in their offices for a day or two and go crazy with spreadsheets. Others delegate the task. Whatever the method, everyone has a process for creating business reports.

But, what if your process wastes time? What if the hours you spend running reports or analyzing data are unnecessary?

Here’s a good test: Does it take longer than 5 minutes? If so, you’re wasting time. Within a matter of seconds, you should be able to see any piece of data you wish to see. For example, applications like this interactive report or this web pivot table report give you a high level view of data, but let you “slice-and-dice” it however you want. …

What is business intelligence?

EducationJust the other day, someone asked me this question: “What is business intelligence?” It got me thinking…I frequently write about business intelligence (BI) and why it’s important, but I’ve never really defined the term. In this post, I’d like to take a step back and give you the what, why, who, where, when, and how of business intelligence. Sound good? Okay, let’s get started…

What is business intelligence?
Most companies collect and store data covering all areas of their business. This data sits in a database and is really pretty useless in this format. What do I mean by that? If you looked at data in a database, it wouldn’t make any sense and would most definitely overwhelm you. This is where business intelligence comes into play. Business intelligence is the process of taking that (overwhelming) data in your database and presenting it in an understandable, accessible, and useful fashion. …

Building and using Pivot Tables (explained via video)

EducationPivot tables are great analytical tools—they sum up large amounts of data and let you view it in just about any way possible. More importantly, they help you quickly analyze business information, discover trends, and make better and more informed decisions.

Pivot tables are typically found in spreadsheet software, such as Excel. Spreadsheet-based pivot tables are great as single-user tools, but you run into problems if you want to distribute, share, or let multiple users alter or view one spreadsheet. Also, if security or data accuracy are necessities, spreadsheet-based pivot tables aren’t ideal. …

Five essential elements every Business Intelligence solution should include

EducationBusiness intelligence is a confusing subject. Generally speaking, when a company realizes they need business intelligence (BI), they aren’t clear on everything a BI solution should include. Why not? BI isn’t the same across the board. As a result, comparing BI solutions is like comparing apples and oranges. Each solution contains different elements.

So, how do you know which elements to look for in a BI solution? I think a few elements are pretty standard, like simple ad-hoc reporting, the ability to use multiple databases, and exporting data to Excel and PDF. Besides these basic elements, I’ve put together a brief list of 5 essential elements that every good BI solution should include: …

Keys to a successful BI implementation

Save MoneyBusiness intelligence (BI) can provide incredible advantages when implemented correctly, such as agility, better decision-making, and even increased profitability. BI is not without risks, however.

How can you implement a BI solution with the greatest chance for success? Let’s take a look at our options. In the past, there were really only two: Build it yourself or buy a pre-packaged solution. …