Embedded BI and an Expert Partner Can Help You Gain Competitive Advantage!
When a business wants to improve its competitive advantage, it often focuses narrowly on its product features, pricing and other offerings in the market. In fact, a competitive advantage can come from market agility, productivity, and the ability to operate at optimal speed with results that position the enterprise for growth and visibility.
If a business focuses on its team members and what they need to complete tasks and to make decisions quickly and confidently, it can improve results, revenue, and productivity, and it can ensure that it is providing its team with tools and software that will create a collaborative, fulfilling work environment. So, team member retention will improve and the organization can grow and advance its staff and thereby improve its bottom line.
In this article, we will focus on how to leverage Embedded BI solutions and expert services to help the enterprise create a competitive, productive environment.
‘There is a wealth of potential in the Embedded BI approach, and this potential can inform customer satisfaction and user adoption. It can help your business to grow its market and expand its reach.’
A recent Forbes article advised that, ‘Enlisting an embedded analytics partner means you won’t have to worry about trust, security, governance, or data management.’
Here are just a few of the benefits of Embedded BI and Embedded Analytics with Integration APIs:
- Users can make effective decisions, using accurate information, in a timely manner, thereby creating a more agile, confident work environment.
- The enterprise can integrate content, data and analytics within a familiar software solution, providing new, intuitive tools for users to leverage.
- The business can ensure user adoption by providing analytics within workflow and approval processes, to make the user experience more fruitful.
- The self-serve embedded analytics platform is suitable for all enterprises, no matter the maturity of their data model.
- The organization can easily personalize dashboards, customize and implement embedded BI quickly and easily, with little cost or training.
- Businesses can transform data from disparate data sources into a revenue stream by augmenting products and services.
To get the most out of the Embedded BI and integrated augmented analytics approach, the business should consider engaging a skilled, experienced partner. Going beyond reporting and simple analytics to achieve a competitive advantage takes planning and an understanding of the capabilities of this environment. Your business might incorporate analytics into its products to enable better service and a better customer experience. Offering this type of analytics for financial investment or spending apps, or for a health and fitness app adds value and can provide an important competitive edge.
A partner whose expertise focuses on analytics and embedded BI can also provide a flexible environment that allows your business users or customers to decide how to use the information to achieve their goals. So, your business does not have to try to anticipate every question or every use. Users and customers can create their own approach based on their need for information. With this kind of single sign-on access, a user can leverage a familiar solution or site to analyze the data residing in data repositories and answer complex questions.
A recent Forbes article advised that, ‘Enlisting an embedded analytics partner means you won’t have to worry about trust, security, governance, or data management.’
In short, there is a wealth of potential in the Embedded BI approach, and this potential can inform customer satisfaction and user adoption. It can help your business to grow its market and expand its reach.
You can find out more about the Smarten Embedded BI And Integration APIs solution and add powerful functionality and access to existing ERP, SCM, HRMS, CRM or any other products. Provide analytics capabilities within existing products without major Investment. Your business users and your customers will appreciate the ease-of-use and access and you will gain a competitive advantage.