Welcome to PowerLabs: Cloudlands dedicated business improvement team providing new services focused on automation, business intelligence and analytics services along with Dynamics365 consulting and expertise.
Let’s take a look at some of these services
Process automation streamlines a system by removing human inputs, which decreases errors, increases speed of delivery, boosts quality, minimises costs, and simplifies the business process. It incorporates software tools, people, and processes to create a completely automated workflow.
An example would be your project management software integrated with your customer support software. A customer complaint comes through, but instead of waiting in an inbox for someone to process it, the integration automatically sends it as a task to the person assigned to handle them.
Why Is Business Process Automation Important?
Businesses increasingly rely on digital systems to manage data and access real-time information. But as workloads surge and IT becomes more complex, manually managing mission-critical processes just won’t cut it if businesses want to remain competitive.
Business Analysis is a set of processes that involve gaining insight based on the collected data. Business Analysis is performed using several analytical techniques.
What does a Business Analyst do?
Business Analyst spends their time reviewing information and are able to identify issues and define solutions that can be used to avoid them.
Why it is important to use Business Analysis?
Business world is ever-changing and businesses have to be able to adapt to the changes that constantly appear. Considering the competitive market it is critically important for any business to properly adapt to those changes. It can save the organisation from staying behind their competitors and later on, failing. Business Analysts are needed to navigate and prepare organisation for the mentioned changes and lead them through the entire change process.
Business intelligence (BI) combines business analytics, data mining, data visualisation, data tools and infrastructure, and best practices to help organizations to make more data-driven decisions. In practice, you know you’ve got modern business intelligence when you have a comprehensive view of your organization’s data and use that data to drive change, eliminate inefficiencies, and quickly adapt to market or supply changes.
It’s important to note that this is a very modern definition of BI—and BI has had a strangled history as a buzzword. Traditional Business Intelligence, capital letters and all, originally emerged in the 1960s as a system of sharing information across organizations. It further developed in the 1980s alongside computer models for decision-making and turning data into insights before becoming specific offering from BI teams with IT-reliant service solutions. Modern BI solutions prioritise flexible self-service analysis, governed data on trusted platforms, empowered business users, and speed to insight. This article will serve as an introduction to BI and is the tip of the iceberg.
Why is business intelligence important?
Great BI helps businesses and organisations ask and answer questions of their data. Business intelligence can help companies make better decisions by showing present and historical data within their business context. Analysts can leverage BI to provide performance and competitor benchmarks to make the organisation run smoother and more efficiently. Analysts can also more easily spot market trends to increase sales or revenue. Used effectively, the right data can help with anything from compliance to hiring efforts.
A few ways that business intelligence can help companies make smarter, data-driven decisions:
Identify ways to increase profit
Analyse customer behaviour
Compare data with competitors
Spot market trends
Discover issues or problems
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