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Freeman Cebu Business

The evolution of business intelligence and data analytics

INTEGRITY BEAT - Henry Schumacher - The Freeman

The world of data analytics is changing fast as organizations look to gain competitive

advantages through the application of timely data.

 As the analytics landscape has evolved, application teams who need to embed dashboards, reports, and other analytics capabilities in their commercial and corporate applications can choose from dozens of solutions. How do you differentiate one solution from the next?

 Choosing the best solution for your dashboards and reports starts with understanding the types of analytics solutions on the market.

 As mentioned above, the world of data analytics is changing fast. Business intelligence tools emerged as individuals sought “one version of the truth” by aggregating data from multiple applications. Since then the analytics landscaped has evolved rapidly as organizations looked to gain competitive advantage through the application of timely data.

Traditional BI platforms have improved but remain essentially the same. New data discovery solutions now offer business analysts advanced versions of Microsoft Excel and Power BI which are giving developers the capability to create and embed individual data visualizations.

During this time, the role of applications has increased in importance, providing many of the essential tasks of an organization. Embedded analytics development environments have emerged to specifically help business development teams build, deploy, and manage data visualizations, dashboards, and reports seamlessly embedded into the commercial software and corporate applications people use every day. Embedded analytics offers the advantage of providing insights that inform decisions within the existing workflow, where and when they can have the greatest impact.

In fact, embedded analytics has become one of the fastest growing categories in BI. As the analytics landscape has evolved, application teams who need to embed dashboards, reports, and other analytics capabilities in their commercial and corporate applications can choose from dozens of solutions. If you struggle to differentiate one solution from the next, you are not alone. 

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