Online business intelligence is a term referred to applications, tools, technologies, and practices for online integration, visualisation, monitoring, analysis, and reporting of business data while generating actionable insights in a web-based, cloud environment. The purpose of online BI is to provide better decision-making processes while securing access to data on-the-go, via web browser, mobile devices and apps, thus enabling the user to save time and improve productivity. Reporting, online analytical processing, data mining, process mining, performance management, benchmarking, predictive and prescriptive analytics, BI technologies handle large sets of data all saved and stored in a cloud-hosted environment that ultimately provides access to data wherever the user is located, and from any device. Supporting a wide range of business decisions, from strategic to operational can be done from a single online BI software that provides the best possible information management solutions.
Online business intelligence can be applied for these purposes:
Performance management: Business leaders can derive actionable insights by using a smart online BI tool that will inform them how metrics and benchmarking progress towards their business goals.
Advanced Analytics: With various analytics options such as data mining, statistical analysis, predictive and prescriptive analytics, these solutions perform knowledge discovery needed to establish sustainable development.
Smart Reporting: Business intelligence can be used in reporting practices to create effective strategies, bring about new information with the help of interactive reports that involve data visualisation, and an intuitive and comprehensive business dashboard.
Increased collaboration: By utilising online business intelligence, collaboration between departments, internal and external stakeholders become easy to process and share. A simple link or login enables users to access all the business data in one centralised point.
Businesses of all sizes need a robust, reliable and easy-to-use business intelligence solution now more than ever before. In an age where analytics are the key of a company’s success and the amount of data created and accumulated has reached unprecedented levels, it is crucial for decision-makers, strategists and stakeholders to understand every aspect of their business. The importance of business intelligence in an online environment often is associated with cloud-based solutions that don’t require the complexity of instalment or large IT support or departments. With an easy-to-use BI Tool, you’ll find the business of business intelligence to be stress-free. Thanks to an intuitive drag-and-drop interface and no SQL knowledge being required, you can leverage your databases and accumulated data to your best advantage, measuring performance, tracking productivity and predicting trends in minutes, not days. With everything you need at your fingertips and the ability to share data with colleagues, you’ll find your decision-making process less stressful and more strategic.
Become a data wizard in less than 1 hour!
An online business intelligence software is an easy-to-use analytics tool designed to analyse your data in one central place. You can easily build meaningful tables, charts, and graphs out of your data and share your gained insights via dynamic BI reporting tools and KPI dashboards. Furthermore, you can continuously monitor your data and quickly perform ad-hoc analysis to make sure that you never miss a business opportunity again.
When it comes to online business intelligence tools, we know that the decision of whether or not to invest can be a complex one. However, there are several key reasons and benefits why BI Tools are an essential addition to your organisation:
Improve the quality and speed of the all-over decision-making: With powerful KPI reporting software that takes minutes to produce reports you’ll benefit from for weeks; powerful solutions can take some of the work out of decision making. By collating, compartmentalising and ordering data into charts and graphs that show exactly what you need to know, your decision making becomes streamlined and more accurate.
Decrease business costs: With subscription plans, the costs of installing an online BI software in comparison to an on-premise solution are much lower and adjustable to specific business needs of a company. The scalable pricing models enable you to pay for a service that is fully kept up-to-date and regularly checked. Additional infrastructure costs are eliminated since online BI tools simply don’t have those issues. You are completely supported by the company that offers the tool.
Address urgent issues and gain insight into growth: Taking advantage of business intelligence for financial analytics, market analysis, sales opportunities, customer segmentation or retail analytics enables users to manage and manipulate large volume of datasets without the need of advanced IT knowledge. Real-time data surfaces insights in almost unlimited ways; identifying growth areas and measuring your market position can be determined in just a few clicks. Additionally, a crisis can be instantly addressed, ad hoc reports generated in seconds, and further issues prevented.
Forecast the future and get the big picture: With the help of data visualisation and dashboards seniors and executives can view the overall company’s performance in an effective, big-picture, overview. Automatic alerts are triggered if any business performance shows signs of anomalies, whether positive or negative, which gives you an edge in monitoring your success. Multidimensional analytics that online BI tools offer, provide a dynamic overview of data which can be shared across departments and generated in seconds.
Secure your data: Tactical data security management ensures that the company’s data is secured and encrypted in every phase, rest or in use. A range of data security measures and protocols are implemented to ensure the highest standards of data integrity and protection.
Compared to other BI software solutions or advanced SQL query builder tools, working with datapine doesn’t require a BI expert or IT professional. Our mission is to make relevant data available to all respective individuals and teams in your company. This data can either be stored in your own database or be generated by different third-party providers such as Google Analytics or Salesforce.
Our easy-to-use drag-and-drop interface was developed together with a huge number of companies – from small start-ups to global players – to make sure that we provide intuitive and self-explanatory software. An intelligent abstraction layer in the tool translates your interactions into database queries, supported by our powerful proprietary analytical engines. In addition, we also developed numerous smart algorithms that facilitate the SQL query building process and optimise its quality and speed. Often multi-dimensional SQL queries and the analysis of big datasets require expensive additional services of technicians as well as different software. In this case, datapine offers fast, all-embracing and cheap online business intelligence software.
We know from our experience that in many companies only a fraction of employees have access to all the data they require to make sound business decisions. We empower management, business development, controlling and marketing departments to finally generate queries and analysis with a drag-and-drop interface on their own. Usually, the restrictions are such that there is no appropriate business intelligence software in place or the person doesn’t possess the technical skills to access the database and make queries on his own. With datapine you can even conduct cohort analysis without any SQL knowledge, for example, to calculate customer retention over time or per acquisition channel. Online business intelligence tools are proven to ramp-up your operational efficiency by saving time and IT resources. We know that time spent waiting for analysis results or reports is time wasted, so our KPI dashboard software gives you an instant overview of your data and provides automated dashboard reports and intelligence on-demand. All common databases can be integrated in under 10 minutes. Reports can be sent to colleagues instantly. This means no more searching for hours for information and no waiting in the IT queue.
Moreover, your analysis results like tables and charts can be shared with the help of real-time BI dashboard tools that generate automated reports, shareable with your team and/or external stakeholders.
datapine’s SaaS BI tool enables you to observe your data and generate important business insights from wherever you are via the cloud. You can access datapine in either a web browser, but also with your smartphone or tablet device. We deliver this flexibility while maintaining high data privacy and security standards. Therefore, we have spent many resources to offer our users an enterprise-level security layer, like those used in core banking applications. Our online business intelligence software offers you an intuitive and easy way to develop your business, keeping you always up-to-date on what is going on in your business.
Find out what datapine’s business intelligence software tool can achieve for your organisation by signing up for our 14-day free trial – without any further obligations, or contact us for our BI consulting service. Test our smart software and you will experience first-hand how to make lasting changes that will drive your business in the right direction.
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!