Business Intelligence and Online Resources: Why it matters
Monitoring Online Resources with BI systems Integration - Blog
From print data to customer feedback, Business Intelligence is becoming a central player in the handling of online resources and company decision making through it's easy to capture and apply data visualisation. Here's a few reasons why Business Intelligence is so important when it comes to online resources.
Data-driven decision-making
Making key decisions Online resource usage without a reliable Business Intelligence system can be messy and often uninformed. Having a source for data mining, easy visualisation and real-time analytics is the most effective way of understanding whether or not online resources should be used within your company and whereabouts they will be best implemented. This then leads to more quality decisions regarding the ROI of your resources.
Customised dashboards and reports
The best Online Resource Management Solutions come with prebuilt data reporting through easily applicable dashboards that effectively visualise the usage of your company resources. This is obviously a huge bonus to the software admin, who can effectively see the company impact of their online resources and paid subscriptions all in one place, but it also means a simple way to back up your next move in terms of effectively implementing or removing online resources from your company workflow. Monitoring. exporting and distributing online resource reports to other departments to show the impact and ROI of your online resources is a great way to inform your colleagues and boost resource performance.
Integrations and in-depth analysis
For even more in-depth analysis on company resources, integration with third-party Business Intelligence systems is the way to go. For example Onelog 11.5 now has the ability to generate data for Business Intelligence (BI) systems such as Microsoft Power BI. BI systems combine data gathering with data analysis to transform complex data into actionable information for decision-making and data can now be instantly viewed for up to twelve months allowing for more in-depth analysis with interactive visual displays.
Identify underused resources and reduce costs
Managing your online resources can be a simple way to help streamline your company's workflow that helps reduce the amount of online spending in the process. Companies can spend enormous amounts paying subscriptions to old websites and resources that are not being used by any of their staff, simply because they do not have the usage statistics to show whether or not they still need them. By reviewing and analysing usage statistics you can free your resource space (and bank account) from expensive and underutilised programmes.
For more information on BI systems for online resources, arrange a free demo here.