Business Intelligence (BI) for cloud software
Updated: Jul 2, 2020
As the adage goes: a picture tells a thousand words. This is especially true with the use of data visualisations for Business Intelligence (BI). Modern BI tools facilitate incredible organisational insights through the use of web-based interactive graphs that enable more effective strategic, tactical and operational decision-making. From sales funnel conversions and customer support, to improving workplace safety and operational monitoring, the benefits are wide-ranging. The key is to start with the area that has the most benefit to your company.
The main areas of consideration when developing a BI system are:
Creation of a data pipeline: Extracting source data from one or more locations, preparing data and storing for processing. Scheduling a regular update of data will be highly beneficial for continual analysis.
Choosing a BI tool: A cloud-based managed platform with the ability to easily create and publish interactive dashboards is essential to the success of facilitating informed, data-driven decisions.
Information security: With a large amount of data being processed, your business needs to consider where the data is hosted and how users will be accessing this information. Careful consideration of information flow will prevent future data breaches.
Number of Lucidity Inform Records Created Each Day
Pic 1. Above is an interesting visualisation courtesy of BI Tool, Amazon QuickSight. Each working day on average 4,000 forms are completed within Lucidity Software. That's a new form every 7 seconds during business hours. Completed forms represent an executed business process and indicate productivity. The troughs within the data show the weekends.
Incident Type within Lucidity Software
Pic 2. The above pie chart shows the various types of incidents logged within Lucidity Software. A total of 38% of all incidents are related to identified hazards. That's over 45,000 potential accidents and injuries prevented.
When it comes to understanding how Lucidity Software can help you see the bigger picture in your organisation, there are 3 access options:
Lucidity Software built-in dashboards. Lucidity provides a selection of basic, configurable charts designed for managers. These dashboards are accessible via each module within Lucidity and designed to share key information that can be configured to meet an individual user’s objectives. Our priority with these dashboards has always been ease of use, so managers can create and manage their dashboards with minimal training.
Amazon QuickSight managed service. Amazon QuickSight is a powerful BI platform that is used by Lucidity for our own in-house analysis, and we can also provide it to Lucidity clients as a more in-depth BI solution. QuickSight offers the benefits of a full feature BI environment without the need to set up database connections and visualisations from scratch. What we do is pre-configure QuickSight with a connection to each customer’s Lucidity database and a standard suite of dashboards upon which they can build.
Connection to Lucidity database. Clients can provide their own BI tools. Lucidity works with you to connect your tool of choice to a read-only mirror of an existing content database, so you can produce the dashboards and visuals you want.
With our diverse range of BI solutions, Lucidity Software can help you make better sense of all the critical information you have on hand, gain a deeper insight into your business and make smarter decisions based on data you already have.