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How to choose the right Business Analytics tool?
Choosing the right Business Analytics tool can be daunting. Here are three questions to ask yourself as you’re searching for what BI tool makes the most sense for your business.
- How will you interact with the data? Are you even potentially unsure of the answer here?
- Where is your data stored?
- Who are your intended users?
1. How will you interact with the data? Are you even potentially unsure of the answer here?
Understanding Static Dashboards & Reports Versus Interactive Exploratory Workspace
This question is important due to the fact that many solutions today are focused on setting up static dashboards. With a static dashboard, you must know in advance what data you want to visualize and how you want it presented. It takes a lot of time to set up and is hard to modify. Static dashboards work best when you have just a few metrics.
When you start dealing with high dimensionality time series data, you need to move to a product that can handle both metrics and dimensions. Exploratory products like Facet make it easy to monitor & explore your time-series data, i.e. how much revenue did I make last month, week, day, day/day, etc? What was your revenue by city/day? What is your average revenue by zip code? These…
