{"id":3756,"date":"2023-08-03T00:31:56","date_gmt":"2023-08-03T00:31:56","guid":{"rendered":"https:\/\/www.intuitivedataanalytics.com\/programming\/ida-old\/?page_id=3756"},"modified":"2024-04-15T02:24:31","modified_gmt":"2024-04-15T02:24:31","slug":"real-time-bi","status":"publish","type":"page","link":"https:\/\/www.intuitivedataanalytics.com\/programming\/ida-old\/real-time-bi\/","title":{"rendered":"Real Time BI"},"content":{"rendered":"

Real-Time Business Intelligence That Goes Beyond Self-Service<\/strong><\/h1>\n

In business, speed to insight is key. When opportunities arise, you must be able to seize them.<\/p>\n

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Your ability to see and access data<\/span>quickly can provide a competitive advantage.<\/span><\/strong><\/span><\/em><\/h1>\n

However, your competitors see similar data and trends, so without the ability to analyze data quickly, that opportunity may vanish just as fast.<\/p>\n

Unfortunately, traditional business intelligence solutions do not generally enable such speed.<\/p>\n

Think about the typical process for someone looking for data. A manager would ask the IT or data team to create a dashboard to track and monitors KPIs. There\u2019s a waiting period, depending on how many projects the IT team has. When the dashboard is complete, in many cases, the manager sees they forgot to request certain data points, so it gets sent back for more precise creation. Then, there\u2019s another waiting period.<\/p>\n

In some cases, this can happen two or three times. Along the way, everybody gets frustrated and in the end, the dashboard may function properly but not provide the real data the manager needs. So, even after a week or two, the dashboard created doesn\u2019t produce the expected insights or show correlations that impact decisions. In the meantime, it may be too late to gain an advantage.<\/p>\n

Often, dashboards don\u2019t foster data exploration. Even though they may provide real-time data visualizations, there is no easy way to explore. In most cases, the best insights come from manipulating the data and introducing new variables. Yet, traditional BI solutions do not enable such activity without another trip to the IT team.<\/p>\n

There is another way.<\/p>\n

A Revolutionary Way to Expand Your Business Intelligence<\/strong><\/h1>\n

In the movie \u201cMinority Report,\u201d Tom Cruise was able to wave his hands and manipulate data<\/span><\/a><\/span> in front of him. This allowed him to sift through evidence and data to predict future crimes. He could drill down to specific data points, bring in new data at any time, and look for correlations that served as predictive indicators.<\/p>\n

He didn\u2019t have to wait for someone to build a dashboard or retool when new data arrived.<\/p>\n

Imagine if you could do that with your BI solution. Using voice commands, swipe and touch, or drag and drop to build your dashboard on the fly. Not just a no-code solution, but a truly interactive way to quickly create visualizations and then add or subtract variables instantly without needing your data team to build it for you.<\/p>\n

That\u2019s IDA.<\/p>\n

IDA BUSINESS INTELLIGENCE<\/strong><\/h1>\n

Your Personal Data Investigator<\/strong><\/h1>\n

IDA is a revolutionary business intelligence solution from the team at Intuitive Data Analytics.<\/a> What might take 10 days with a traditional BI product can happen in one session with IDA. Not only do you get real-time access to data analysis, but you can manipulate the data in a wide variety of ways to unlock insights.<\/p>\n

IDA replaces a step-by-step approach with a truly iterative process. IDA is a strategic game changer. You can get detailed and actionable business intelligence without IT support and go beyond prebuilt dashboards. This puts information in the hands of those that need it, freeing up IT and data teams to work on other projects, such as data validation and deeper analysis.<\/p>\n

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Several key features make IDA more powerful than other BI solutions.<\/strong><\/h1>\n

\u201cFree-Form\u201d Data Analysis<\/strong><\/h1>\n

IDA adapts to your business and understands your requests no matter how you ask them. Natural language processing lets you ask questions without limitations.<\/p>\n

This is powerful because it takes BI from the realm of static dashboards and makes it easy for users to follow lines of unstructured investigation. As new insights are gained, additional data can be added to provide further investigation.<\/p>\n

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Predictive Modeling<\/strong><\/h1>\n

IDA lets you run endless what-if scenarios to predict future events. You can easily introduce and adjust key variables to see the impact on outcomes.<\/p>\n

The Deep Insight module uses AI and deep learning to analyze data and identify correlations.<\/p>\n

Let\u2019s say you are an auto manufacturer tracking defects, looking for ways to decrease your defect rate. This requires vast data sets from multiple sources, such as make and models, production location and product lines, dealer repair reports, and historical tracking. With data, IDA can find hidden correlations that might not be obvious in looking at a dashboard.<\/p>\n

Maybe you find that there is a higher number of defects coming from a particular factory or with a particular part. You can then zero in on the root cause. However, IDA gives you the tools to go much deeper. For example, what happens if you shut down a particular line and increase production on another line to maintain volume? You can then judge the impact on costs, wear and tear on equipment, and how that will impact overall defects and the bottom line.<\/p>\n

You might also find that a particular part from a certain supplier produces more defects. So, you can introduce new data on the fly, such as the cost of switching suppliers, to predict future outcomes.<\/p>\n

In another scenario, you might find that defect rates are higher in coastal cities. For example, vehicles might rust more quickly due to constant exposure to salt air. You can see the impact of adding additional rustproofing protection at the factory and how that might change profit margins and reduce defects.<\/p>\n

Endless what-if scenarios let you manipulate all the variables that are part of producing defects to find optimal solutions.<\/p>\n

Collaborative Exploration<\/strong><\/h1>\n

Often, the best data insights come from brainstorming with teams, so IDA also enables collaborative exploration. You can securely share documents, publish outputs with a click, or set up role-based permissions.<\/p>\n

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Personalized Views<\/strong><\/h1>\n

Rather than being locked into the format created by BI teams, users can create personalized dashboards on the fly with zero programming and just a few clicks. This puts users in control of the data too:<\/p>\n

IDA Creates More Active Exploration<\/strong><\/h1>\n

IDA doesn\u2019t eliminate your IT or data analytics team. It expands the number of users analyzing data and puts insights into the hands of those on the front line of your organization. By providing greater data democracy, you get more active data exploration and significantly improve the time to insight.<\/p>\n

Increasing data literacy within organizations and flexible ways to explore and manage data are essential. An iterative approach to data, combined with improved data maturity, is key to uncovering the deep insights you need to grow your business.<\/p>\n

To see IDA in action, get in touch with the BI experts at Intuitive Data Analytics<\/span><\/a> today.<\/span><\/span><\/p>\n

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Real-Time Business Intelligence That Goes Beyond Self-Service In business, speed to insight is key. When opportunities arise, you must be able to seize them. Your ability to see and access dataquickly can provide a competitive advantage. However, your competitors see similar data and trends, so without the ability to analyze data quickly, that opportunity may […]\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-blank.php","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","tve_updated_post":"

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Real-Time Business Intelligence That Goes Beyond Self-Service<\/strong><\/h1><\/div>

In business, speed to insight is key. When opportunities arise, you must be able to seize them.<\/p><\/div><\/div><\/div>

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