Everything at a glance: Dashboards and reporting for decision makers
In what direction should innovation be driven? What gaps in the market are most lucrative? Which products will ensure our success over the next few years? Business Intelligence (BI) reporting and analytics tools can find the answers to such questions and also form the basis for creating quarterly and annual reports. They continuously provide management with relevant decision-making information – in particular, ad hoc evaluations that help support important, time-sensitive business issues.
By using BI tools, important data and parameters, for example, can be summarised and used for effective business reporting. Dashboards can be built so that key metrics are always visible and available, while trend comparisons highlight important developments that management can use for a variety of purposes.
Using a graphical and interactive user interface, Pentaho Dashboards provide business users with the required key performance indicators for analysing and increasing company performance. Reports can be created using the web-based Dashboard Designer, which also supports drag and drop management.
Sophisticated and visually appealing Dashboards can also be realised using Pentaho CTools. Using free form design layouts, individual customer requirements can be quickly and easily realised. Dashboards, ad hoc queries and OLAP (Online Analytical Processing) are common descriptive analytics tools.
In the past, many companies have invested considerable sums of money in these traditional forms of Business Intelligence. But between 2014 and 2015 there was a noticeable change in the use of analytics: Development in the direction of Predictive Analytics (What is going to happen?) and Prescriptive Analytics (What must we do to ensure that a certain thing happens?) significantly gained traction with companies.