Deriving The Necessary Value From Business Intelligence Tools Such As Tableau
Nearly half of all businesses operating today indicate that business intelligence (BI) tools are very important for achieving short and long-term goals. Many CEOs are now basing their decisions based on these data-driven initiatives and tools such as Tableau, and they’ve seen more success as a result of it. Business intelligence, however, is only as effective as an organization makes it. Meaning it needs to make the most sense for current use cases and long-term strategies. This post will provide a look at how Tableau can improve an organization’s output.
Understanding Tableau
Tableau is a visualization tool that lets businesses convert text and numerical data into visual dashboards that help provide context to disparate data sources. Tableau is one of many solutions within the business intelligence framework. All of these tools are used in hopes to understand current and future market trends as they relate to existing business operations.
Tableau is extremely effective in working toward this goal as it provides an easy-to-use visualization platform that doesn’t require any technical knowledge or programming skills to use. Key features of Tableau include:
- Data analysis to the minute: Emerging trends can be seen at a much quicker rate, meaning business decisions can be made on the fly.
- Collaborative in nature: Connecting data sets from multiple sources to deliver big-picture insights.
- Blending capabilities: This connected data, even from disparate sources, can be combined to provide easy-to-understand visualizations.
The Way Businesses Can Improve As A Result Of Tableau
Of the several benefits that businesses are able to realize as a result of Tableau, here are the highlights:
- Simplified Visualization: Using Tableau, multiple data sources can be used to produce custom visualizations that communicate key metrics in a much simpler way. This makes seeing how trends are impacting current business practices much easier.
- Interactive visualization tools: With its simple drag-and-drop functionality, Tableau is capable of delivering visualizations that are as simple or complex as required for an organization’s current projects.
- Supportive of many programming languages: Tableau is also capable of using languages such as Python or R to complete any project. Though it may require a bit more expertise, some find this the more effective way to work and Tableau doesn’t hinder that preference.
- Large data sets are no problem: With its data handling capabilities, Tableau supports the many sources of data it compiles from without impacting dashboard performance. In addition, it supports live and real-time data sources to deliver time-sensitive results.
As businesses have come to find out, simply collecting and amassing the data isn’t enough to come to necessary conclusions to facilitate success. They’ll also need to be able to analyze and visualize this data in such a way that it’s simple to understand and derive insights from. Feeling as though your business is challenged in doing so? Consider the ways in which the many Tableau training programs available could improve your organization’s output.
Author Bio:- Anne Fernandez – Anne joined Accelebrate in January 2010 to manage trainers, write content for the website, implement SEO, and manage Accelebrate’s digital marking initiatives. In addition, she helps to recruit trainers and works on various projects to promote the business.