Why accurate BI is so hard to get?
In an increasingly mobile workforce, data is often inputted via different platforms or apps on a range of different devices. Unless this data is then integrated in real-time, silos of data are created. Data is sometimes even sat on individual’s ‘desks’. This means that when you require BI, there might be key pieces of data that are ‘sat’ elsewhere. Your data needs to be integrated. Your data needs to be unified. Any silos of data need to be broken down before you can be analyse and interpret the results.
Too often, data is also not standardised across different business outputs, and cannot be compared. It is, therefore, hard to ensure information is dependable. Therefore, you cannot use it collectively to create forecasts, predictions, or aid in business management or continual improvement.
Before you can gain full insight throughout the entire operation, all data collected needs to be integrated and interpreted. Once this is complete, technology and intellect from various scalable tools can help predict future trends. You can gain continual answers to greater efficiency and profitability.
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