Business intelligence dashboards are a visual way to represent your data and filter out the noise. Dashboards provide a central location for users to access, interact and analyze up-to-date information so they can make smarter, data-driven decisions. Good dashboard software enables you to monitor and measure performance and metrics in real-time and on the go.
Dashboard solutions allow a company to gain instant insight into their data, KPI, customers, product performance, store profitability and more. They employ a visual approach that is easy to understand which drives better decision making across the organization. Visualizing your data will not only help you understand your business better, but it will transform fuzzy information into a story.
Specifically, visualizing your data via business intelligence dashboards allows you to:
Identify and correct negative trends
Measure the efficiency of newly implemented decisions
Drive the strategy and goals of an organization
Measure the performance of stores, products, or the organization as a whole
Improve analysts thanks to visualization capabilities
Dashboards utilize descriptive statistics and cutting edge data visualization to depict the data in a simple and easy to understand way. Dashboards can be both setup online for real-time decision making or created manually. Once the dashboard is setup, the data is simply plugged in and information is visualized.