Need a Win? Why Data Analytics is a Must-Have Win for Your Business

Operating a business may sometimes seem like a game of chance.
Sometimes the sales are flowing, other times business is stagnant. You notice certain times of the day or days of the week customers are more active with your product or service - but you're not sure why. You may wonder why some products or services aren't taking off the way you expected.
 

Are you missing something that could be a huge opportunity? All of these uncertainties make businesses lose out and ROI unpredictable and inconsistent. However, business need not be a gamble. When you understand the why’s and what’s to your particular sales, customers and daily operations, then you can be proactive in moving forward. That is why data analytics and reporting is so important for businesses. When you use a BI tool such as Microsoft Power BI, you harness the power of your data, put it to good use and take action with it.

 

Just what is data analytics?

Data analytics simply refers to the process of extracting business data and then analyzing it. Both parts are equally important. If you only have data but no analysis, it’s useless. With Vizion Solutions and our custom BI apps, data is always complete, accurate and actionable.
 

How can data analytics and reporting boost my business?

 

1  Consolidation of data

You already have a multitude of data available. Every business transaction you complete contains data. Each customer interaction and operational shift has data. You probably have this relevant information in a variety of places. You may have spreadsheets, invoices, and more to keep track of your business dealings. Our Vizion360® analytics platform and Microsoft Power BI gathers the data from these different sources and consolidates it to ensure data integrity. This is the first step in making this data work for your business.

2  Interpretation of data

Once the data consolidation occurs, you need interpretation or analysis. What does it all mean? Analysis recognizes trends, buying patterns, customer preferences, and much more. How do all the pieces fit together? Analysis is vital in identify data gaps, potential opportunities, and potentially overlooked losses. Analytics puts the pieces of data together so it is useful and actionable for your business. 


3  Provides solutions based on the data

After data is extracted, consolidated and analyzed, it’s time to put the information to good use. Data analytics and reporting helps provide opportunities for your business. With proper analysis, you understand the reasons behind the trends, operational efficiencies, buying patterns, and so on. Then you can implement business rules and policies to make your business more profitable.

 

To make the most of data analytics, use an experienced professional to provide you with reporting and solutions. Taking on data analytics is no easy feat, and it can make or break your business.

 

 

At Vizion Solutions, we partner with businesses to bring their data to life, grow the top line, improve profitability, increase productivity, manage risk, and consult on our solutions to better your business.

 

Contact Us
 

Categories
Vizion News (10)
Microsoft Power BI (10)
Microsoft Partner (9)
Vizion360 (8)
Awards (7)
Connect! Internship (4)
Business Intelligence (BI) (4)
Case Studies (3)
IT (3)
Reporting And Analytics (2)
Power BI 101 (2)
Power BI (1)
Data Center (1)
For The CEO (1)
Sales Solutions (1)
+ Show More
Most Recent

The Road to Vizion360 from Vizion Solutions

By Vizion360
May 01, 2019 Category: Vizion360, Vizion News

A Message to Our Partners: Clients, Employees, Vendors, and Colleagues Vizion Solutions has been in business for 17 years. We are truly proud of the company that weve become and the amazing culture that weve created. Since 2002, we have worked hard to transform from 2 employees in a garage to a thriving, talented team of over forty that was just named the 2019 Tech Company of the Year by OHTec. Weve come a long way and its been one heck of ride. As an implementor of EOS, Vizion Solutions leadership began to reflect on who we really are as an organization, addressing tough questions about where we were and where we wanted to go as an organization. What did we want to be? How can we achieve our 3-year and 10-year goals? This culminated in many offsite retreats and strategy sessions where our leadership team committed to defining who we are, why we do what we do and what were the uncompromising core values by which we operate. To no surprise this process of self-discovery and exploration

Monitor Your Business to Achieve Sales Goals

By Vizion Solutions
August 21, 2018 Category: Vizion360, Microsoft Power BI, For The CEO, Sales Solutions

Sales Dashboard Helps the CEO Reach Their Targets At Vizion Solutions, we take pride in our ability to handle your data and help make it work for your company. We care about creating solutions that bring value to your specific role and integrate seamlessly with your team, data, and operations. This video dives into a CEO Scorecard thats part of the Vizion360 Impact Portal, made to help you harness the power of your data. Why a Scorecard Just for the CEO? Vizion creates many dashboards customized for various key players and departments Sales, Operations, Finance, and Leadership (Like the CFO, CTO, or CEO) to name a few. We understand that Key PerformanceIndicators (KPIs) are different for every team leader and department. The insights a CEO needs to make quick effective decisions day-to-day differs from what a CFO or Operations Manager might require. The scorecard we are discussing here is a Sales Scorecard for a CEO; Its one of many reports made just for a CEO reviewing

4 Benefits of Having a Data Tech Professional

By Vizion Solutions
October 06, 2017 Category: IT, Data Center

Every business handles its data analytics and reporting differently, but theres one point thats true across all industries: The way you address and utilize technology will significantly impact your bottom line. Thats why its crucial to have a data analytics partner on hand for your company so you dont need to have your IT department or another head wasting resources on data. Tech professionals arent just IT and IT is more than what it appears or what internal departments cover. Having a data tech professional makes a key difference in business operations, strategy, and quality. Here are some of the benefits of using tech professionals to handle all of your Business Intelligence and Data Analytics needs for you: 1. Focus on what you do best Hiring a full-time, Business Intelligence or Data Analytics professional takes up significant amounts of time, money and productivity which your business may not have. Instead, hiring an outside professional to work on your BI and data

Archive
May 2019 (1)
August 2018 (1)
October 2017 (1)
August 2017 (2)
June 2017 (1)
April 2017 (2)
March 2017 (1)
January 2017 (1)
December 2016 (1)
August 2016 (1)
July 2016 (1)
June 2016 (2)
April 2016 (2)
March 2016 (2)
December 2015 (4)
April 2015 (1)
May 2014 (1)
+ Show More