Growing data volumes and new technologies such as IoT, ML and AI require a different approach to business intelligence: a focus on data analytics and predictive data behaviour in the coming age of data-driven business transformation.
More than half of the organisations surveyed in research on IT decision-makers in European markets agree that the fragmentation of data across multiple databases, local storage and disparate systems is preventing their organisations from fully extracting value from it.
Better data quality does not necessarily mean better analytics if data is too compartmentalised and out of reach. The same study revealed that unused data – not captured with analytics – has a knock-on effect on the quality of decision-making.
If your business struggles with increasing volumes of data, multiple databases, and fragmented siloed data systems, it can become almost impossible to extract valuable data and deliver real-time actionable insights when needed.
Power BI is a suite of business analytics tools that deliver insights throughout your organization. Connect to hundreds of data sources, simplify data prep, and drive ad hoc analysis. Produce beautiful reports, then publish them for your organization to consume on the web and across mobile devices. Everyone can create personalized dashboards with a unique, 360-degree view of their business. And scale across the enterprise, with governance and security built-in.
Unified Data Analytics Framework
The solution to efficient data analytics is a unified platform for collecting and manipulating enterprise data, no matter where that data is located: on-premise or via cloud applications.
The data analytics framework should be fast, scalable and efficient enough to integrate seamlessly with existing legacy systems and data repositories, without necessarily depending on the centralisation of data in one large repository. Flexibility is key.
Built on the Microsoft ecosystem, Power BI unifies and prepares data for analytic from third-party applications, ERP systems and popular business productivity tools used by businesses worldwide. Analytics reports are centralised in dashboards which are easy to use and share.
AI and Machine Learning
AI and ML technologies continue to disrupt every aspect of business, changing the way enterprises view workflows and data analytics. In another study, 40% of IT decision-makers agree that AI and ML are instrumental in day-to-day analytics to deliver predictive results.
Your business can reap the full benefits of data analytics by using a unified tool with access to AI and ML technologies to channel the unified data into more efficient algorithms and inform automated decision-making.
Power BI can access a wide range of detailed data and supply to AI and ML algorithms to increase the accuracy and effectiveness of data analytics and reports. The better data quality and the longer it gets fed in the algorithm, the more accurate the results.
Go from data to insights in minutes with STRATEGIX and Power BI.