This blog continues our Qubix 101 series which explores key technologies and trends from the ground up.
All businesses need to gather and analyse data in order to be able to structure their strategies. The success of the internet has created the largest source of data ever known. What is even more remarkable is that the vast majority of this data is freely available. It is known as "big data", and it can make or break an enterprise's success.
Companies that want to make best use of the information contained within big data must first establish how to maximize their business’s corporate intelligence. This is where advanced analytics comes into its own right.
Enhancing your company’s business intelligence
If you want to stay at the forefront of the niche in which your business operates, it's essential to collect data from all sources. This includes any applications your company works with, any data warehouses you use, any desktop tools, and spreadsheets. All forms of business intelligence.
The best way of gathering and combing through big data of this nature is to work through one comprehensive analytics platform. Ideally, your chosen platform will enable your company to leverage the data it gathers so that you can gain up to date value and new insights across your organization.
Harnessing state-of-the-art technology
The most effective platforms promote instant agility through simple to use, rapid self-service technology. They should be capable of providing users with data-rich visualizations and storytelling tools that facilitate clear insight and understanding throughout all departments.
With a state-of-the-art unified advanced analytics platform, you will be able to utilize new machine learning insights to achieve enhanced innovation and reach collaborative goals. The interactive dashboards that the latest platforms incorporate are easy to use and promote active participation across any enterprise.
Cloud-based advanced analytics platforms that deliver
Cloud-based platforms also provide greater flexibility of access. However, this does not come at the expense of security. You can allow access by an individual’s identity, role, and location.
The other important thing you must consider when researching an advanced analytics platform is scalability. This is again where cloud-based applications score best. Planning for the future is at the core of any business’s agenda. Being able to adapt to changing demand is key. Dealing with peaks and troughs, temporary or permanent will enable your business to remain streamlined.
Finding the best cloud-based, unified, advanced analytics platform is no easy task, yet it is hugely desirable. With over 1,000 satisfied clients, we here at Qubix can help unlock your organization's collective intelligence leveraging our Analytics Cloud Platform.