It’s easy to get bogged down with too much data flowing into the business. No doubt, customer preferences and what the competition is ‘up to’ is always worth tracking.
But with so much Big Data out there, and so many analytical platforms available, the choice often comes down to the decision of choosing a single database management system, like Microsoft Dynamics SL.
Aside from Dynamics SL, for example, the alternative is often deploying numerous applications holding silos of information that, for the most parts, remains isolated and out of reach of decision makers.
If you want to view a short clip on the Harvard Business Review website that simplifies the subject of “business analytics,” it probably will remind you of just how complicated the topic can be.
Business owners are always looking for objective data, and solid reasons why all of this data is so important to their company’s success. To make the process even more of a question mark company owners, and stakeholders, must justify investing in software that will ‘magically’ analyze and translate this ever-rising sea of information.
In the video, Babson College Professor, Thomas Davenport, provides an overview on the three areas of analytics. One of these areas are referred to as….
Descriptive analytics with Dynamics SL
A lot of time is spent around the conference room table, or huddled in the CIO’s office, about “how to define it (big data), organize it or tabulate it.”
Once the information is put into a visual form, and made available, say, on a user’s Dashboard, it doesn’t really provide that crystal ball into the future: it’s a reporting mechanism that establishes a much needed “foundation.”
Contact us. Learn more about Dynamics SL, how the software can not only automate business a range of processes, but also enhance decision-making through its Business Intelligence capabilities.