THE POWER OF BI- HOW BUSINESS INTELLIGENCE IS EVOLVING
Common Problems with Data Management
We now live in an era where data is a major contributors to the understanding of the success of companies, teams and individuals. This means organizations have a copious amount of data, often stored as a large disparate library of Excel spreadsheets; leading to some fundamental problems:
- Data is controlled, managed and shared on a departmental basis creating Data Silos.
- Siloed data is often incompatible with other data sets as it is usually put together in a non-standardized way.
- Sometimes data can only be accessible or understandable by the person or persons who originally created
- Multiple unlinked files make it hard to cross-reference different data pools to create a holistic picture.
- Data input is often manual, which is subject to human error.
Bringing an entire organization’s data together into a single and central ‘data lake’ or ‘data warehouse’ nullifies the everyday problems of data management as outlined above.
Power BI can then connect to this raw data using its Gateway services and prepare, model, and visualize it to create immersive and interactive analytics. This methodology provides many more options for comprehensive data analysis across a whole organization.
Education – Analysis of student performance can be viewed from across the whole university or college, and also broken down on a departmental basis.
Retail – Sales managers can see up-to-date KPI information and connect to popular CRM platforms
Marketing – Teams can monitor campaign effectiveness and measure social media success
Healthcare – Improvements can be built from the provision of detailed analytics for drug trials, vaccination rates and patient feedback
eCommerce/Sales Teams – Sales performance, units sold, margin and stock levels across all regions can be tracked and locations compared
Finance – Financiers can provide important accounting analysis for clients quickly and clearly
Power BI and Digital Signage
Quickly and securely sending critical Power BI content to digital signage increases an organization’s ability to expose the correct data to the right teams at the right time.
Power BI content can also be displayed alongside other key information to bring all critical messaging together on one signage display. Delivering data via digital signage ensures employees have the most up to date information available to them, and it assists in identifying trends and identifying issues early.
Uniguest recently released a new update for its Tripleplay Digital Signage platform, which included integration with Microsoft’s Power BI. This new integration allows Tripleplay Digital Signage customers to connect their Power BI platform securely and send visualized data to digital signage displays – immediately creating a visual impact which is easy for audiences to digest.