Multiply the impact of your BI with an integrated data model.

Apr 18, 2023

Answering complex questions about your business

Data is everywhere Your systems record information with every click, sale, purchase or interaction with a customer, and that data is stored in isolation in each system.

As your business grows, the variety and volume of information processed also increases. As a result, BI solutions need to be able to solve more complex questions and integrate more data sources to answer them.

Transactional systems (ERP, WMS, CRM, etc.) generate basic reports that allow you to monitor your company’s performance. But the depth of analysis and functionality of these reports is limited, and does not allow the visualization of information that integrates different business processes.

The more detailed the questions become, the more complete and sophisticated the Business Intelligence (BI) solution must be to answer them.

It is the integration of data from the different processes of your business into a single model that allows you to answer complex questions and reveal patterns and opportunities that otherwise remain hidden and inaccessible.

 

The value of an integrated data model

An integrated data model is one that connects all of an organization’s data sources into a single logical and coherent view. A major benefit of integrating multiple sources into a single platform is that otherwise hidden knowledge can be accessed. To cite a typical case: a WMS (Warehouse Management System) could easily indicate my stock levels. But, if I wanted to know if these levels measured in units are sufficient to satisfy demand, this information is not enough. It would only be possible to answer that question if we integrate the information from our inventory system with our billing system. Having an integrated data model allows you to easily and quickly respond to this query.

In addition, the benefits of having an integrated data model are multiple:

  1. Improved data quality: By having an integrated model, data validations and cross-checks can be performed. By integrating all of the organization’s data into a single repository, duplicate or inconsistent data is avoided, significantly improving data quality. In addition, an integrated data model can include business rules and data quality controls to ensure that the data is accurate and reliable.
  2. Facilitates decision making: An integrated data model allows users to eliminate biases and thus obtain a global and complete view of the organization’s information. This facilitates decision making, as users can see how different parts of the organization are interrelated and how changes in one area can affect others. Additionally, with an integrated data model, more sophisticated and advanced analysis of the data can be performed, which can lead to a better understanding of the factors affecting the organization.
  3. Time and resource savings: An integrated model reduces the need for manual integration of data from different sources. This can save a great deal of time and resources – which could otherwise be allocated to solving data quality problems or to the analysis of the information itself. Also, having a unified source helps reduce data infrastructure maintenance costs.
  4. Greater agility and flexibility: An integrated data model allows for greater agility and flexibility in the organization, since, in the event of changes in data or organizational needs, extensive changes to the data infrastructure are not required, speeding up response time and reducing costs. . This can be especially important in organizations that are experiencing rapid growth or need to adapt to an ever-changing business environment.
  5. Risk reduction: Having an integrated data model reduces the risk of errors or inconsistencies in the data by avoiding the introduction of unintentional manual errors. An integrated model can include data quality controls to ensure that the data are accurate and reliable. In addition, having a single source of data reduces the possibility of different parts of the organization having different versions of the data, which could lead to wrong decisions, or conflicts between different areas. Finally, there is greater security in data management, which reduces the risk of data breaches or information leaks.

In summary, an integrated data model can help organizations improve data quality, make more informed decisions, save time and resources, increase agility and flexibility, and reduce risk.

 

The added value of a BI solution that is complete and automated.

A BI solution provides a competitive advantage in terms of access to reliable data, advanced analytics, efficiency and productivity, visibility and transparency, and speed of decision making. But only a complete BI solution ensures that you have accurate data about your organization. Without a BI solution, or with a BI solution that does not automate all processes, companies are more likely to face challenges in data collection, integration and analysis, which can result in uninformed decisions and costly mistakes.

While it is true that you can get information from your transactional systems, a complete and automated BI solution has additional benefits that are not possible to access without it:

  • Access to centralized and reliable data: Only a BI solution built on a DataWarehouse with an integrated model provides centralized access to reliable and up-to-date data, enabling more informed and accurate decision making.
  • Answers to your strategic business questions: BI solutions include advanced data analysis tools that enable users to visualize and analyze large amounts of data in an easy-to-interpret format to answer critical business questions.
  • Improved efficiency and productivity: By automating manual processes and reducing the time and effort required to access and analyze data, a BI solution can improve a company’s efficiency and productivity.
  • Greater visibility and transparency: A complete, customizable, documented BI solution, with an integrated data dictionary, promotes visibility and transparency in decision making, allowing better collaboration between areas of the organization.
  • Improved decision-making speed: A BI solution allows users to access and analyze data in real time, enabling them to make faster and more accurate decisions.

 

Democratizing access to BI.

As we explained in our article “Business Intelligence: How not to fail in the attempt“, the steps necessary to implement a BI solution that includes all the features that ensure success are multiple and complex. It is estimated that 9 out of 10 BI solution implementations fail. Due to the complexity and costs of these implementations, complete BI solutions have been something reserved only for large corporations.

A solution that automatically solves all BI processes simplifies the path and greatly increases the chances of success.

bintelligenz is an all-in-one BI solution that automatically integrates all your data sources, validates the data and presents them in more than 150 dashboards with metrics and KPIs for your different business areas, ready to use.

bintelligenz is “No-Code”, and does not require you to program a single line of code; you just need to know your current transactional systems. bintelligenz has an accompanying on-boarding process, which guarantees that you will have a complete BI solution for your organization in as little as 1 month.

 

Conclusion.

In today’s competitive world, having a complete and automated BI solution with an integrated data model that allows you to answer complex questions has become essential to stay one step ahead of your competition, no matter the size of your business.

Learn how bintelligenz can help you on your journey to a complete, automated and easy-to-use BI solution so you can achieve a data-driven business culture.

 

 

What is bintelligenz?

Bintelligenz, the only business intelligence solution on the market that is:

✔ All-in-one: bintelligenz covers all processes of a comprehensive BI solution:

  • Data Scoping: understanding existing data and its origin
  • Data Integration: validate and transform your data into an integrated model of your organization’s processes.
  • DataWarehouse: enterprise cloud data warehouse with built-in security
  • Data Visualization: world-class visualization tool
  • Data Use: more than 150 pre-assembled dashboards with metrics and KPIs about your business.

✔ No-code: none of the processes require you to program a single line of code; you just need to know your current transactional systems.

✔ Economical: most economical BI solution on the market. Subscription scheme without the need for additional licenses, consultancies or additional technical staff.

✔ Fast implementation: in as little as 1 month.

✔ With guaranteed success: with our accompanied on-boarding process we guarantee that you will have a complete BI solution for your organization.

 

Learn more about bintelligenz at www.bintelligenz.com.

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