Reporting tools enable smarter big data processes

With the amount of devices being used in the workplace by consumers and employees alike, organizations are collecting more information than ever. While this can lead to actionable insights, if managers do not have the appropriate tools to analyze the data, they could simply be overwhelmed by it. Although big data has moved into a more permanent role in many businesses, it remains a significant initiative for companies to undertake. As information becomes more valuable to the firm's continuity, decision-makers will need to integrate the right tools to ensure that they are prepared for the inevitable rush of data.

Originally, big data initiatives were reserved for larger corporations that had the resources necessary to maintain such a project. However, reporting tools have become far more accessible to organizations of all sizes, enabling them to reap comparable benefits. Alongside this hardware, data visualization has also helped stakeholders present the metrics in a way that viewers will understand. Cloud Tech News contributor Krishna Ramaswamy noted that the importance of these technologies has grown due to the need for rapid decision-making and analysis from the massive amount of generated information. While visualization and reporting software can help users accomplish these objectives, they must also understand the potential challenges ahead of them when using the programs. With this knowledge, decision-makers can better provision staff with the resources they need to fully identify emerging trends.

"In an ideal world, data visualization tools should not only provide information on what is expected but also help to decipher what is not expected," Ramaswamy wrote. "Then and only then will the data visualization tools help with decision support and lead to better management by exception."

The secret to using visualization effectively
Reporting and visualization projects can still be intensive undertaking that require time and effort, but there are a few key components that will make these initiatives successful. iMediaConnection contributor Aurelia Kloosterhof noted that the presentation must look appealing and the analysis process must be completed quickly in order to prevent data from expiring. With new information being constantly generated, drawing up reports at a moment's notice will be crucial to providing the most recent information for the best results. Because the data tools are no longer related to data scientists, users can create a more complete picture of business operations, ensuring that decision-makers understand which areas will need the most improvement.

Although these elements are beneficial, big data solutions are not simply plug-and-play services- they require the proper planning. Without the necessary preparations, users will not be able to leverage these systems effectively, limiting the amount of actionable insights they have at their disposal. However, by training employees and strategizing on how to roll out the solutions, businesses will see greater success in their big data projects.

"Creating great visualizations and insights can only happen in close collaboration with our clients," Kloosterhof wrote. "If a visualization expert does not have full understanding and insight into a client's needs and the way they analyze and understand their company's information, the end-result has a low chance of success."