For over 30 years, the dashboard has been the delivery paradigm of choice for decision support and executive information systems. It started with Business Objects and Cognos, and today Qlik, Tableau, Power BI and other vendors are still using dashboards as the medium of data delivery. Rather than thinking about whether there’s a better way to deliver insights, dashboard dinosaurs just keep using the same paradigm.
When we look at automation in the BI industry and how vendors are tackling augmented analysis, or automated analytics, there are three distinct phases of maturity.
To me, the best leaders are those that provide transparency in their decision-making process. Every CEO has to make tough calls, but I believe that good leaders influence decisions rather than dictate outcomes. After all, no one likes being told what to do.
One of the best things about my job is that I get to continually scan the industry and learn about who’s driving innovation (see my predictions for 2018 here). As a result, I see five key trends emerging in the analytics space over the next year.
When most people think of Business Intelligence, they think of dashboards. But despite the fact that dashboards are the default approach to BI, there are a range of business use cases today where dashboards are failing (miserably).
As an entrepreneur and a CEO of a startup, I think it’s vital to have a mentor. You often come to critical junctures and that’s when it can be invaluable to speak to someone. You can’t talk to your colleagues though because you need to motivate them and keep the organization growing. That’s why having an external mentor is very helpful.
Continuing my series of blogs examining the products, services and client benefits borne out of Yellowfin’s partnerships, I’m pleased to introduce our new fintech partner, ChartIQ. ChartIQ provides HTML5 components and the Finsemble integration platform to banks, brokerages, trading platforms, and financial portals worldwide.
One question that I’m often asked is ‘how do I justify funding for a BI project?’ The answer I give is that to win funding you need to stop thinking about BI as a project.
Recently I watched a video by Mico Yuk where she explains her approach to BI storyboarding. Mico Yuk is well-known in the BI space specifically around SAP and Lumira. She runs her own consultancy predominantly helping SAP customers build out BI projects for their own internal use cases.
Yellowfin has always been a data-focused organisation. But for far too long our finance team has relied on Excel as their core mechanism for analyzing our business. Recently, that’s changed at Yellowfin thanks to our new CFO, Keith Bold. Keith really understands the power of data and wanted to empower the finance team to join the rest of our organisation who use BI every day.
