Business intelligence

Posted by LauraDerbyshire on May 21st, 2020

As business intelligence advances into the computer age, corporate dashboards are becoming a necessity in business intelligence technology. Although business intelligence has used corporate dashboards for years, its popularity has increased considerably due to change and advancement in the technology used. However, with the wealth of information available, there are some key design issues to consider if you want to use corporate dashboards for your business intelligence.

If you want to design an effective corporate dashboard for your business intelligence technology, you will need to decide on some design goals. You'll need to think about the role and look of your corporate dashboard in relation to the type of business intelligence you're trying to muster. Some corporate dashboards are flashy reports and others are more like strategic dashboards. Other corporate dashboards are used for business intelligence that is more tactical, using relevant and actionable data. Your corporate dashboard will need an efficient design that fits into the role of Business Intelligence.

There are two essentials to understanding how to build a corporate dashboard for business intelligence, metrics, and key performance indicators. Metrics are direct numerical measures to represent certain types of business intelligence in the relationship of at least one dimension. For example, you could take the gross sales metric and display it by day or week in the financial quarter. Business intelligence can be displayed on your corporate dashboard dynamically and statically to use various types of business intelligence analytics.

You should also consider what key performance indicators will be responsible for managing corporate dashboard users. A key performance indicator is the measure of relative performance relative to the objective target. Some key performance indicators give you concrete business intelligence, while others provide abstract business intelligence. Defining key performance indicators is extremely important to overall design as it defines the foundation of business intelligence to be displayed on the corporate dashboard. Key performance indicators help show business intelligence through alert icons, traffic lights, trend icons, progress bars, and gauges.

Support analytics is also important in designing your corporate dashboard when it comes to your business intelligence. You will need to select the information a user should see to determine the condition of the key performance indicator. Supporting scans provide context and diagnostic information to learn why a key performance indicator shows specific information. These supporting analyzes, in relation to business intelligence, are presented more in the form of traditional charts, graphs and tables.

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