Confused about whether self-service business intelligence software is worth your organization’s time and investment? In this article, we will be uncovering the top five ways in which self service business intelligence can serve today’s organizations positively. Although traditional business intelligence solutions and software have helped companies to analyze data efficiently, they failed to reduce the dependency of users on IT members since they had to reach out to IT employees to get access to their data. That said, let’s take a look at the top five ways in which self-service business intelligence is superior to traditional BI and how it can impact your organization positively.
More accessibility of data among employees and users
Consider this point to be an extension of both the above-mentioned benefits of self-service business intelligence, as it reduces the dependency of users and employees of non-technical backgrounds in getting access to relevant data. Analytics, as a subject, can be interpreted in different ways by different people. This is especially true for people from non-technical educational backgrounds, as self-service business intelligence helps them access and interpret data without any external assistance. Not only does it help in making people from different educational backgrounds more self-reliant and independent, but self-service business intelligence also enables collaboration among different departments. As mentioned, data can be interpreted differently by different people, which may or may not alter the overall result. Therefore, by having more people on board and encouraging different minds to collaborate, organizations can make better decisions.
Self-service business intelligence improves decision-making
One of the main reasons why so many multinational corporations and business organizations have started to ditch traditional business intelligence solutions for self-service business intelligence tools is to improve decision-making. Successful business leaders know the importance of making quick decisions and the role of improved and efficient decision-making. A great example to prove this is how different businesses reacted to the pandemic. A lot of brands that we see today only rose to fame and popularity after making quick and effective decisions during an era in which their competitors struggled to make an impact. They employed newer minds and took help of the social media platforms to generate sales even during the pandemic. While some struggled to ditch their traditional working ways, others who were quick in understanding the situation made decisions that landed them more clients. With traditional business intelligence tools, employees had to look for relevant spreadsheets and Excel sheets to access data, which delayed the decision-making process. With self-service business intelligence, on the other hand, they no longer have to dedicate hours of their time and effort to looking for spreadsheets and other documents to source data and make decisions.
Helps cut down the overall cost of running an organization
To understand this point better, let’s take an example of the buffet system at a restaurant. This is no way to compare the importance of self-service business intelligence to that of a buffet restaurant. However, the functionality of self-service can be greatly correlated with that of a buffet restaurant. If you have ever been to a restaurant buffet before, chances are you might be familiar with how the system works in reality. Instead of having servers and waiters asking you to order a few items from their menu, all the dishes in the starters, main course, dessert, and beverage categories are arranged at different tables. You have all the freedom in the world to choose whatever you like by looking at the labeling at each of the arranged counters and paying the bill at the counter. The self-service business intelligence works in similar ways. Notice how you did not have any waiters, servers, cleaners, or reception staff during the buffet? Self-service business intelligence works similarly for an organization, as it lets users get access to data without involving any members from the BI or IT department.
Increased efficiency and flexibility among different departments
By encouraging people from different educational and technical backgrounds to get access to data, self-service business intelligence improves collaboration among employees for better business-related results. This enhanced collaboration among different teams and departments increases efficiency among employees and helps them learn to work in a flexible environment. By encouraging more minds to come on board, business leaders and multinational corporations can ensure that the employees are throurougly invested in their respective projects, which increases the overall productivity of employees. Collaboration also ensures that employees of different educational and technical backgrounds are open to learning new concepts and feel that their opinions also matter in the organization.
Self-service business intelligence is easy to use and reduces dependency on the IT department
One of the most common reasons why self-service business intelligence tools are making headlines in the world of business and analytics is because they empower the employees, as well as the users, to get access to their data without contacting any third party, which saves time and energy. The best part about self-service business intelligence is that it doesn’t require an army to set up and can be learned by people from different educational backgrounds easily. Although traditional business intelligence helped make data more accessible to users, they still had to contact the IT department to extract their data. Self-service business intelligence has revolutionized the world of business analytics by making data extraction and accessibility more streamlined. Self-service business intelligence has successfully bridged this gap between the users and the company’s data and resources, which means they can get access to their data directly without having to contact anyone from the IT department.
In conclusion, the decision whether to incorporate self-service business intelligence into your organization is ultimately yours, and we hope this article gave you some insights into how self service business intelligence software in USA and other countries has companies reach new heights. Self-service business intelligence works on the basic principle of reducing the users’ dependency on IT members to get access to their data, which traditional business intelligence software has failed to achieve. Apart from that, one can also expect to witness an improvement in the decision-making process and collaboration among employees of different departments. Self-service business intelligence is a great way to empower employees from non-technical backgrounds to analyze relevant data efficiently and without any external help.
