Optimizing the return on investment and maximizing organizational buy-in doesn't have to be a hassle. In fact, it can be downright enjoyable – provided you have the right tools. We've developed the following process to ensure that you get the most out of your digital transformation.
While it seems simple to visualize data, there is a common mistake companies make. Many start by feeding data into Power BI or Tableau, only to realize their data isn't structured or reliable enough. So the first step is to centralize and unify your data for modeling.
Once we've gathered the data from our existing systems, we'll move it all to one centralized location. Since different systems use different labels and data structures, we'll have to structure, unite, and clean the data first. This will give us a nice framework on which to hang the features we want—features like natural language processing, so users can search their data like they would on Google.
Power BI, Tableau, and similar Business Intelligence platforms have gained a lot of popularity in recent years, but most organizations don't have dashboards to run their day-to-day. It's important to note that users shouldn't need months of training to make live dashboards and reports. It's also important for the software to be as user-friendly as possible so anyone with basic Excel skills can create live dashboards and reports.
Data visualization is the perfect tool to manage the daily grind, but advanced analytics is what will propel you forward.
We group data insights into two categories: general and specialized. General insights answer basic questions like, “why have sales in the Northeast been down?” Specialized insights answer specific questions like, “what should our safety stock be if the northeast experiences an early winter?”
By applying smart dashboards and reporting technologies, insights can be generated to answer the “why” behind the data. We call them general, but they’re very much unique to your business.
We prefer to work with vendors who specialize in your specific need because their knowledge of the problem they are solving is rich. Specialized insights are where you will optimize the business practices that matter most and maximize your return on investment.
Companies today are turning to automation in a bid to keep costs down and production up. We're helping companies automate all aspects of the digital process.
The endless stream of data-entry work has employees fatigued from their repetitive tasks. They are slowly losing their grip on the tasks computers cannot do, such as negotiating, networking, and making difficult decisions. Therefore, we automate manual data entry tasks to save time and improve morale.
Automating data transfer is an essential step to gaining live, reliable, data. Some data connectors are standard, affordable, and common; other niche systems are more challenging and require innovative companies to develop reliable and affordable data connectors.
While many organizations struggle to keep up with the pace of change in the digital age, the lessons learned above can help you achieve your digital transformation goals. Don’t forget to start by aligning around your goals and what those short-term wins would look like that will move the needle. After that, prioritize technologies that are easy to use and that have built-in insight-generating technologies and automate as much data entry and transfer as possible.
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