It’s no surprise that businesses enhance their performance through investments in Business Intelligence and analytics. After all, that’s why they make the investment in the first place. But it may be a surprise to learn that analytics—specifically, cloud analytics—directly enhances employee performance as well.
And does so, moreover, in three distinct ways. But be warned: the enabler is largely the ‘cloud’ part of cloud analytics, and not analytics in general.
So if your business is considering making an investment in the area of analytics, read on to discover the performance-enhancing impact of cloud analytics on ordinary employees.
Cloud analytics: faster facts and figures.
Cloud analytics is fast, delivering insights more or less instantly, using completely up to date data.
Forget traditional Business Intelligence and analytics, with their backwards-looking reports and ‘this is what happened last week, or last month’ approach: cloud analytics delivers answers on demand.
How does it do this? By leveraging the power of fast and powerful cloud-based servers, for one thing. And by running reports and analytics against cloud-based data warehouses, for another.
So say goodbye to the days of running reports overnight, so as to not slow down the in-house server on which the ERP system runs.
And say goodbye to lengthy reporting and analytics runs, too. Running against a data warehouse designed for efficient reporting—and not an ERP database designed for efficient storage—dramatically transforms run-time performance.
Cloud analytics: power to the people.
There’s another way that cloud analytics improves employee performance. That’s because cloud analytics can provide self-serve reporting, where ordinary employees—not IT analysts—create the analytics reports that they need, using simple point-and-click tools.
This turns out to be something of a game-changer. Instead of waiting—sometimes weeks, or months—for IT analysts to code a report the old-fashioned way, using SQL reporting tools, employees can simply do it themselves, there and then.
In other words, if they see a need for a piece of ad hoc reporting that would help them in their roles—perhaps only temporarily—there’s nothing to stop them leveraging the power of self-serve reporting to achieve just that.
And within a matter of minutes, thanks to cloud analytics, they are then looking at precisely the report that they wanted.
Performance enhancing? We certainly think so—and so do most businesses that make use of cloud analytics and self-serve reporting.
Cloud analytics: dashboard delivery.
And there’s yet another way that cloud analytics enhances employees’ performance: dashboards.
Located on their desktop computer, smartphone or tablet computer, dashboards provide powerful ‘at a glance’ visibility into relevant aspects of corporate activity.
Again, the heavy lifting is carried out high-powered servers, located in the cloud. Running virtual reports against data stored in cloud data warehouses, they then take the outputs of those reporting runs, and turn them into ‘at a glance’ visual displays capable of being rapidly interpreted and actioned, just as with a car dashboard.
From an employee performance perspective, the impact is twofold.
First, employees see problems sooner, and can take action faster. No more waiting for reports that are perhaps run just once a week—the dashboard provides snapshots on a much more frequent basis.
And second, dashboards make it possible for employees to spend less time sifting through and interpreting reports: the critical information that they need is there in front of them, capable of being read and acted upon in seconds.
Cloud analytics: the bottom line.
Business performance matters—every manager knows that. But enhanced business performance rarely arises on its own. Instead, the impetus is the actions that are taken by individual employees.
And cloud analytics helps to raises individual employees’ performance, enabling them to see problems faster, and more intuitively, and act sooner.
So say goodbye to reporting bottlenecks, and embrace the power of cloud analytics.
Implementing cloud analytics in your business is easier than you might think, find out more in our free eBook