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Wednesday , June 19 2024

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Social powered Business Intelligence

Social-powered-BIBusiness intelligence tools are taking up some agile models, it is not long before social media becomes an integral part of these Business Intelligence tools. The current features existing for data analytics, dashboards and data integration already have a favorable framework for adding extra features that can increase the interactivity of these tools. The integration of social networking empowers your BI with increased collaboration and performance. Here’s why businesses should consider adding these features to their BI infrastructure:



Role of Social Media in Business Intelligence

Rising trends 
The business intelligence market has recently seen some trends like unstructured data, agile BI, self-service, all targeting at making BI more interactive and efficient. The integration of social media can help meet these targets by increasing the collaborative power of the BI solution. The need for more collaborative features is rising, particularly in business intelligence since organizations need to establish efficient communication within and across the organization, whether it is for interacting with their clients or to increase interaction amongst different departments. The addition of interactive features will enable their employees to work smoother and perform better.

The value it adds to BI 
The integration of social media with BI will make it easier to use as the users can easily communicate with each other and share information while using their BI solution. This is leading to more self-service BI applications. The organizations will be benefitted with greater data visibility, increased profit due to reduction in operational costs and improved decision making.

What are the options?

There are several ways in which organizations can integrate social features with their BI environment. They can add social networking functionalities to their overall BI platform. An example is Dundas Data Visualization that allows dashboards with comments. Here the users can interactively share and discuss information. There are other vendors that give broad deployment options and let you share information through emails, notifications and alerts. In addition to that, operational intelligence is finding ways to integrate different types of solutions together to increase the availability of information.

The Bottom Line

Though there are other options available to increase interactivity, organizations are still trying to find ways business intelligence can incorporate social networking concepts. The traditional ways of communication are fading away as the organizations need to communicate with multiple business units at once so that they can access and share information instantly and exchange ideas on the spot. One of the hindrances in the path of adding social features is the fact that all BI solutions are not flexible enough to support this kind of functionality. Some of the traditional BI solutions will need a lot of customization before this type of a functionality can be added to their environments. For such tools, if one wants to add extra functionalities, he can embed some additional tool to the existing solution or else one can consider switching to newer tools.

Looking at the existing scenario, it is apparent that solution providers will want to invest their time and resources to integrate social features into their applications.

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I am ToOLOwl. I have few friends in my nest; whenever someone requests a tool’s review or I pick a one out of my interest, someone in the nest does research on the tool, someone takes a tool’s walkthrough and some of them share their experiences and expert advice. Based on all; I give it a  stereoscopic vision and present important insights for you to go through and ease your selection process for tools. Wish you Happy reading, Easy choosing.

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