Today, with the strong growth of the embedded analytics market, there are countless tools to choose from to retrieve, analyse and add value to raw data. Thanks to this innovative technique, most companies will be able to monitor their data through efficient and effective indicators. How can they benefit at all levels?
A way to improve company productivity
In the race for profit and to stay ahead of the competition, a certain level of productivity must always be maintained. This goal is facilitated by embedded analytics. It can relate to monthly sales or on-time delivery targets. It also allows you to monitor the progress of your business on a daily basis. To find out how this tool works, you can request an online demo here.
At the same time, you can also :
- Receive feedback on inefficiencies in your business.
- Monitor your stocks and adapt your production to increase your profit margins.
- Increase efficiency and forecasting results.
Improve access to important information
With so much data being generated every second, it’s nearly impossible to access critical information in a timely manner. Embedded analytics systems provide you with visualisation tools that help you better understand historical data, real-time updates, forecasts and trends.
In addition, with this tool, you can perform the following tasks:
Convert, merge and report on data using intuitive visuals.
Access important data through dashboards on mobile devices and tablets
Instantly access key business metrics for marketing and sales
Assess all trends and decide on an immediate action plan.
Guaranteed return on investment
When a company focuses on activities that are not in line with its organisational strategy, it risks incurring losses due to exorbitant costs. The implementation of an embedded analytics system allows the company to establish perfectly adapted performance indicators. The return on investment will be guaranteed thanks to
Better alignment between activities and results in line with desired strategic objectives.
Identification of areas of cost reduction leading to improved efficiency
Leveraging multiple dashboards to improve inventory visibility and make appropriate supply chain decisions.