BI (Business Intelligence) combines business analytics, data mining, data visualization, data tools and infrastructure, and best practices to help organizations to make more data-driven decisions. Business Intelligence software is a tool that makes it possible to create value from big data. These make the procedures more efficient and allows personnel to make well-informed decisions.
Business Intelligence Dashboard:
A business intelligence dashboard, or BI dashboard, is a data visualization and analysis tool that displays on one screen the status of key performance indicators (KPIs) and other important business metrics and data points for an organization, department, team or process. Dashboards are an integral component of most BI software platforms and are widely used to deliver analytics information to business executives and workers
What is self-service BI?
Self-service business intelligence (BI) tools allow people in your enterprise to analyze business data and present the information from that analysis — without tying up your IT or BI teams. By offering self-service BI, you can help optimize the decision-making capability across your organization by giving users a single source of truth within a business intelligence environment.
Traditional vs. self-service BI
Businesses that use traditional BI tools operate in a highly controlled environment, where analysts or the IT team maintain access to data. That means users must request data reports or dashboards, then wait for the analysts to deliver the reports to them. This process causes backups and delays in providing information designed for timely decision-making.
Self-service BI tools incorporate intuitive user interfaces that make working with data more accessible for those without technical expertise. Self-service BI tools perform best when utilizing a centralized data model where all users will have uniform data definitions from which to work. This model ensures a more trustworthy approach to sharing data because everyone is using the same metrics and dimensions to discover insights.
Self-service BI allows all authorized users in your enterprise to access and analyze data easily and create reports with impactful conclusions that speak to your organization as a whole.
What is self-service reporting?
Instead of waiting for the IT department to create a report based on business data, self-service reporting tools allow business users to create visually engaging reports themselves. Self-service BI tools deliver a reporting functionality to streamline the process of pulling together and analyzing business data.