This evening my 15 year old brother got curious about the Encyclopedia of Business Analytics and Optimization book I was going through. So I took time to explain in short what reporting and BI are all about. Then he responded, “so it’s like my school report card where I know and learn about how well I studied and use it to influence how I study in the future.” Even though this is a simplistic view, it relates to our understanding that the purpose of creating reports to gain insights into our everyday business activities helps drive better sales and growth.
Unlike conventional reporting software that functions within a narrowly defined set of variables from a specific data source to shed light from the vault of analysis, embedded reporting tools make room for significant customization as its analytic capabilities get seamlessly integrated within your core business process applications. In other words, it makes effective use of data available in your enterprise applications. It lets you choose relevant data from various data streams to suit your unique requirements and strives to fuse insight and responsive action into the same framework. This encourages real time analytics to find answers for high value business problems and creates a better end user experience with proactive and interactive reporting!
No wonder embedded reporting is now a hot trend and is being increasingly harnessed by businesses worldwide as 100% of them agree it boosts their revenue and gives them a competitive edge. Its time you tapped into the potential of embedded reporting software that comes with well known capabilities like dashboard reporting and self-service analysis. But how do you choose the right tool that meets your exclusive needs? Let’s consider the following.
1. Simple to Customize, Simple to Integrate
Most reporting software vendors provide solutions that can only meet certain requirements. Since the needs of every organization differ, it is important to find a vendor who can actually work with you in identifying your needs and tailor a solution. From the look and feel of the UI to the integration of the reporting server with your single sign-on and back-end admin system, the usability and functionality of the reporting tool are equally as important.
2. Easy Adoption and Manageability
Today’s end users are not dedicated data analysts or scientists. Users now are looking for easy, flexible and self-serviceable BI reporting tools. Tools now need to cater to every user type with varying skill levels and access requirements to data that is both centrally managed and decentralized. A tool that is easy to learn, easy to use, and easy to maintain will stand out from the pack.
Embedded reporting tools should be able to serve a large numbers of concurrent users with a scalable, robust architecture that grows with the demands of your business applications. High availability, load balancing and scalability are all important attributes of a clustered reporting server architecture.
An effective embedded BI reporting tool should blend in easily with your security policies, user management, and admin systems. In addition to supporting single sign-on, the tool should allow for adjusting user roles, setting permissions for accessing reports, and even securing data from other tenants in a multi-tenant reporting environment.
5. Universal Deployment
Finally, the right embedded BI reporting software should be easy for developers to embed anywhere in any type of application with any user type. Whether on-premises or cloud/SaaS application environments, the tool should thrive and be able to mashup data from different sources with ease. Users should only worry about analyzing their data to draw the right conclusions.
Click here for a closer look at embedded BI reporting software in action.