Online data analysis is the process of managing, analysing, visualising and monitoring datasets from various sources while enabling online, on-the-go access to all the business information an organisation or company needs to generate actionable insights.
As data analytics are now an integral part of business life, more and more companies elaborate strategies to manage it effectively and make the most out of it. In today’s fast-paced business world, smart data analysis tools are essential to successfully manage a business. We have never been exposed to so much information as we are today, nor have we been exposed to so much data collection. Raw data make an increasing part of any business; it is no longer ignored, and needs to be dealt with. This is why we decided at datapine to help companies reveal their full data potential through these powerful features and benefits of online data analysis:
Manage and visualise your metrics instantly: With the increasing global competition and customer demands from all over the world, you’ll need to know how to push your company forward and find out which parts of your business are lagging behind. In this ever-changing context, online analysis tools will be great allies to help you manage and visualise the key metrics for your business. Data can now be accessed from remote locations, executives can make decisions based on a complete online experience without the need to be present in the office, and attractive graphics and visualisations can provide instant access to clear and simple reports through the power of online BI.
Access your data anytime, anywhere: The online aspect of analysis tools is a feature you should not miss. State-of-the-art Software-as-a-Service (SaaS) solutions enable you to access your analysis results, dashboards, reports and anything you are working on, at any time and from anywhere. Such flexibility and accessibility is a great advantage in a world where the information circulates faster than ever before. Modern SaaS BI tools always offer you the latest version of your data and will position you always up-to-date, avoiding manual constant reporting and never-ending analyses.
Utilise full-service solutions: In this environment where the right information and insights are the key to success for a company, creating an easy-to-use tool at your fingertips is crucial to survive in the business world. Whether you need performance reports or sales figures, want numbers from the last week, data from the last year or a prediction of the numbers for the next quarter, you’ll need trusted tools to analyse data to be able to make the rights decisions. An important feature is offering a full-service BI solution that encompasses cutting-edge data analysis, data visualisation, and live dashboards that put accessible, readable and actionable data at your fingertips.
Take charge of your outcomes: Online analysis tools enable you to be in charge of the entire analytical process, and to therefore make better and insightful data-driven business decisions at speed. Your managers and BI teams will appreciate this straightforward process – a humongous amount of data generated and delivered in just a few minutes. Better results, faster reporting, flexible design possibilities and adjustment to your own needs, smart business solutions have never been so easy to implement.
By reviewing historical trends, tracking current performance and making predictions for the future, businesses can now use online data analysis to make more accurate decisions in real-time that will help to streamline business operations, improve workflows and increase profits.
Become a data wizard in less than 1 hour!
Online data analysis and tools need to answer the crucial need businesses are facing today: leveraging all the data they produce and turn it into actionable business insights that will benefit them long-term. To get started, here are some tips you need to consider:
Simplify as much as you can: Managing the data you gather and accumulate day after day can be a challenging task, but missing the opportunity to exploit it and leaving this compelling source of knowledge untapped would be a great loss for the future of your business. A self-service BI tool enables everyone to explore, analyse and visualise data without profound technological knowledge. The flexibility online data analytics tools offer is unrivalled and lets you be at the same time an information consumer and an analytics producer without requiring an extremely sharp knowledge in IT.
Translate data for everyone: Whether you need an MySQL report builder that your colleagues can also get on board with or simply want a reliable and robust tool that speaks your language, the tools need to have diverse options. They need to be developed as a dynamic and intuitive online data analysis software for ease of use. Our work with organisations across the globe has shown that for data to be useful, it needs to be accessible and understandable to the decision makers.
Look for ease of use: A single solution should encompass a range of data analysis options such as automatically running SQL queries, data visualisation, dashboarding and KPI reporting, which you can simply achieve via an intuitive drag-and-drop interface. The drag-and-drop function is the first stage in making your data work harder for you by allowing you to easily build database queries on your own without requiring any SQL experiences. This drag-and-drop approach frees you from the IT department’s timetable and puts data analysis firmly back in your own hands. Without the need to wait for the IT department to query databases and create your reports, you’re free to use your data as and when you need it.
Take advantage of customisation: In the past, businesses have often hit stumbling blocks when it comes to analysing their data using complex software; with extensive set-up processes, a pre-requisite knowledge of technical codes and SQL commands, and a lengthy wait for the report to be generated. Thus, it is no wonder businesses were not making the most of the data they generated. Thanks to modern solutions, anyone can analyse and visualise data with an intuitive user interface and create dynamic dashboards with a modern dashboard creator. You can now easily create and customise interactive business dashboards on your own, that produce automated reports sent to the right people, without requiring you to do it all manually, nor requiring you to do it via a third-party.
Create your own data story: Data analysis processes of the past couldn’t include interactive visualisations or provide deep data exploration just by looking at a single desktop screen since the technology wasn’t advanced as much as today. Data exploration has enabled users to conduct deep analysis without the need of endless research or multiple spreadsheets dispersed across departments. Modern tools facilitate this notion by providing possibilities to create your own data story, filtering out what’s not important, and help you understand the business context of a particular issue. With the help of professional dashboards, your story can now be told in ways that wasn’t previously possible, enabling you to test new hypothesis faster than ever.
Make flexibility your top requirement: Businesses change often, and change fast. To be able to keep up with those changes, online analysis tools must provide scalable options to meet your requirements. Sometimes you will need ad hoc analysis, sometimes you will need to provide recommendations for an extensive business strategy, and share those insights with your department. The possibility to conduct everything you need just from your mobile phone, tablet or desktop, and fully online, brings another level of flexibility that we couldn’t imagine before. You should be able to look for this flexibility in each analytics solution that you need for your company or department.
Don’t forget AI and smart alerts: A kind of self-service magic provides a business with astonishing possibilities. From basic business intelligence to advanced analytics, management of data has never been easier. Reports can now be generated with ready-to-go templates, large datasets can be accessed with a few clicks and interactive visualisations prepared just in time for your next meeting. There is no need for complex data evaluation since artificial intelligence and data alerts can react in seconds, providing the user with the most accurate data in real-time.
If you consider all the tips we mentioned, your productivity will increase as well as your data quality. Business information is no longer spread across many systems or spreadsheets, which, in the past, increased the risk of errors and poor interpretation. Now, a single place for data visibility can empower any business user to extract, evaluate and present data. Sending a report request down to IT can now be a thing of the past with professional online analysis tools.
As one of the best data analysis tools, datapine returns the power of your data to you by making it easy to keep all decision makers and stakeholders up-to-date in the reporting process. Reports can also be automated so that everyone who needs to be on the same page as you can be. There is no need to recreate dashboards or setup charts twice and no need to set any reminders; datapine’s single solution is packed with various analysis functions and options that will do the hard work for you.
datapine’s dashboard designer software also allows users to customise their dashboards to meet individual needs. Not concerned with net profit? Want to generate location-based reports instead? Create your own metrics to measure performance in the way you see fit. Intuitive drag-and-drop functionality means that users can edit their dashboards in a matter of seconds, bringing the data they want to monitor to prominence and allowing them to focus on analysis without sorting through reams of facts and figures.
With datapine, you are the master and owner of your business intelligence. You no longer rely entirely on your IT teams to produce BI reports and dashboards, and can access your data from anywhere, with the security level you expect. Indeed, our servers are subjected to some of the strictest data security laws in the world, so that you remain the one and only proprietor of your data, while our servers are highly protected 24/7. You can safely connect your databases to datapine and work remotely, grant access to other co-workers and enjoy the flexibility online data analysis tools put at your disposal.
Our online dashboard tool allows you to run your data analysis and access all of your dashboards from any device. Just log on from any internet enabled device to take your office and your required tools or reports directly with you, wherever you may be. Mobile access has never been so simple, especially with our carefully curated app that can bring your datasets in one, mobile roof.
Want to see how datapine beats any other online data analytics tool you may have tried? Sign up for our free 14-day trial and see how datapine will change your business.
We were amazed how easy it was to use datapine and get the first KPIs within a couple of minutes. datapine is definitively a game changer for us as now all decision makers have quick, easy access to ad hoc analysis, KPI dashboards and reports.Sebastian Diemer, Founder at KreditechGO TO PRODUCT OVERVIEW
Become a data wizard in less than 1 hour!