How to Read Your Business Insights in Real Time

 Although newly developed Business Insights tools like Power BI, Tableau or Qlik Sense have come close to producing reports swiftly from large amounts of data, we are yet to evolve to meet the key demand in businesses — reading data in real time. 

Reading business insights can be quite a cumbersome task, especially when your business operations produce large amounts of data. 

Stakeholders in a company have access to limited KPI metrics restricting them to have prompt access to other pertinent business information. In some cases, learning about these metrics can take up to 3 days. 

Take boardroom meetings for an instance. Most boardroom meetings have essential stakeholders from different departments to discuss the performance of their operations and take critical business decisions. Such stakeholders are puzzled about the relevance of data with respect to other departments until they meet. This leads to tautological dependencies and misuse of valuable time. 

Business leaders and Business Analysts need to constantly learn about new Business Intelligence tools and persistently strive to adjust to new ecosystems. This is highly inconvenient in terms of the time invested and the effort required for them to generate reports, instead of imbuing time for decision-making. 

It is difficult to integrate huge amounts of data, especially when it’s gathered from disparate data sources for creating BI reports. Configuring BI systems to generate reports for multiple business operations is an intricate task. 

The unfriendly user experience of BI tools consumes a lot of unnecessary time, leading to cumbersome and unpleasant experiences to generate BI reports. Compromised UX simply doesn’t make sense! It often leads to procrastination or not achieving your end goal with BI applications.