Pluto7 - Vizualization and BI Trends and Best Practices 2015

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Transcript of Pluto7 - Vizualization and BI Trends and Best Practices 2015

Page 1: Pluto7   - Vizualization and BI Trends and Best Practices 2015
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What does Governance mean?

• Is the data used for business decisions both current and accurate?

• Do you have the ability to deliver positive business outcomes with the dta?

• Does your data security meet legal, compliance and regulatory requirements?

• Protecting sensitive information and requires combining of efforts for an IT and business approach.

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• A competitive advantage

• Responsive product optimization

• Find out when a topic is starting to trend and what their customers are talking about.

• Brings into focus their influence on purchasing by others in their social networks.

• Business functions need customer insights not just for marketing campaigns, but also for informing the organization’s sales, service, support, product development, and other key functions about customer feedback and trends.

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• Companies starting to choose the cloud when it makes sense for their business case

• Data location becomes more shifting towards cloud where necessary

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Collaboration and Conversations with data replace static dashboards

• Data is getting interactive enough that it can become the backbone of a conversation.

• Collaboration combined with good dynamic BI will drive business decisions

Everything integrates E.g. Internet of Everything

• 50B+ devices are expected to be connected over next decade

• Organizations are loosing patience with managing data from multiple data sources.

• Rapid integration leveraging simple interfaces is going to become the standard. – E.g. Alteryx

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Mobile Solutions are maturing Mobile solutions emerged many years back but are finally reaching a level of maturity that means that mobile workers really can do light analysis from the road.

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1. Address the elephants in the room – E.g. disagreement could be a DW platform selection

2. Divide work into bite-sized chunks that can be executed and funded within your company culture

3. Leverage what you have – Unless there is a significant gap

4. Articulate a clear business value – Must be viewed by the business as creating value

5. Avoid the miracle first year – There will be many “immediate needs”; don’t overpromise

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• Who is my audience ?

• What decisions do they make?

• What questions do they need answered?

• Do they enjoy digging into the numbers?

• The dashboard’s level of detail and analytical capabilities should match the audience comfort zone.

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• Help management define what is important

• Educate people in the organization about the things that matter

• Set goals and expectations for specific individuals or groups

• Help executives sleep at night because they know what’s going on

• Encourage specific actions in a timely manner

• Highlight exceptions and provide alerts when problems occur

• Communicate progress and success

• Provide a common interface for interacting with and analyzing important business data

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Type of dashboard

• Scope : Broad or Specific function/Process/Product

• Business role

• Strategic : High Level, Broad and long term view

• Operational : focused, near-term and tactical view

• Time horizon : Historical, Snapshot, Real-time, Predictive

• Level of Detail : High level, Detailed – Drill-able

• Choosing the perfect metric – Actionable, Common Interpretation, Transparent, Credible data

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Dashboard Structure

• It requires a deep understanding of how the system you are measuring works.

• Flow-based structure emphasizes a sequence of events or actions across time.

• Relationships – could be mathematical, organizational, functional, or geographical

• Grouping – group related information into categories or a hierarchy.

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The Design

• Organize the dashboard page

• Appropriate use of color to enhance

• Fonts

• Chart type that best fits your data

• Style charts to be attractive and effective

• Maximize contrast between your data and the background.

• Avoid Visual noise

Design Principles

• Compactness

• Gradual reveal – Don’t bombard the user with all the information at once.

• Guide attention – positioning on the page, use of color and fonts..

• Customizable – Build flexibility to allow the dashboard to become relevant for different users.

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Summarizing

• Don’t box yourself into “requirements”. Think Outside the Box Surprise the stakeholders • Remember 80/20. Low hanging fruit first. • Be Agile…..Reiterate. • Executive sponsorship isn’t enough. Convert the laggards. • Aim for novel insights, that challenge the business….not just labor productivity • Facilitate “action” • Measure success……Prove value….

Welcome

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Web www.pluto7.com

Email [email protected]

Phone 1- (408)-824-9213