How to Leverage Your Business

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In the age of information technology, data is the main asset of companies. In fact, we are still learning to deal with the responsibility of having so much information in our hands. It's no wonder that data leak scandals emerge every day, and new legislation to accompany them. But there's no point in having so much data and not knowing what to do with it. Or even how to use them optimally for your company. This use of data to benefit your company is Business Intelligence . The first benefit of this strategy is being able to make more concrete decisions. Previously, many corporate choices were based on guesswork. Furthermore, if used correctly, you will have a repository of organized data that helps you make these decisions more quickly. For example, with Business Intelligence you can have detailed control of your expenses in each sector of the company. This way you can find out if your production is efficient at each stage of production, where you are losing money and where you need to improve. How do I know if I need to use Business Intelligence? We can already tell you that even if you think you don't need it, you do need BI . This also applies to small businesses. If you want to be able to keep up and compete with the market, you need to be 100% optimized. But if you still need convincing, here's a list of signs that you need to invest in BI .

You have a lot of data about your company, but no useful information Colombia Mobile Number List Nowadays it is easy to collect all types of data using the internet. But do you know what they mean? Are you using them to your advantage? Data is not the same as information. You need to unlock these insights that will help you identify problems and trends, and how to solve them. With a BI professional and the right tools, you can make the most of what you have. You have a very large volume of data, but you still use spreadsheets If you have less data, spreadsheets may even be able to organize it (but nothing compares to a tool made for BI). But if you have too many, you will end up getting lost. In addition to not being able to find what you want efficiently, visualization becomes much more difficult. With a BI tool, you see data organized into easy-to-read reports and graphs. Too much time would be needlessly wasted just trying to understand what you are looking at. With a good tool, it becomes easier to understand what is there. This leaves you time to actually identify problems and create solutions. You don't join data that comes from different sources If you have spreadsheets or datasets in separate places, or separated by industry and type, you need Business Intelligence .



You may think that this is the best because it is “more organized”, but it doesn’t have to be that way. In a BI tool, all company data is on the same platform, and remains organized and easy to understand. The difference is that it is possible to see relationships between this data that were impossible to see before. Which tool do I use? The most suitable tool for this type of work is Power BI , from Microsoft. It captures data from all its sources. These can be local collections, in the cloud, etc. It is simple to use, but suitable for companies of any size. As the photo shows, everything is presented in an organized way. The many features are suitable for both smaller and larger companies. With the strategy and the tool, there's nothing left for you to start optimizing your time and productivity.