Business Analytics & Reporting
Business Analytics encompasses all activities within a company aimed at making informed decisions based on data. This includes the integration of data from various sources, modeling for enhanced analysis, as well as evaluating and interpreting results. A central aspect is the careful preparation of data to ensure its quality. Using modern analytical tools, the data is visualized, allowing complex relationships to be presented in an easily understandable manner.
All of this is our passion, and for over 10 years, we have been helping our clients master it.
We are Experts in Business Analytics
From basic technology to visualisation, we offer you the entire value chain from a single source.
BIG.Cube GmbH
Seitzstraße 8a // TH1
80538 Munich
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Challenges in Business Analytics Reporting
The complexity of Business Analytics should not be underestimated, as there are many diverse challenges involved. To achieve the goals of a project, it is essential for both professional and technical competencies to come together and for priorities to be set appropriately.
Data
Quality
Successful Business Analytics requires a solid data foundation. Fortunately, every company has a wealth of internal data, and there are also numerous options for external data through data providers. Nevertheless, this data must be integrated from various cloud and on-premise sources to make it available for analysis. Often, the data needs to be extracted, consolidated in a data warehouse, and further processed.
Data quality, especially with a multitude of data sources, is almost always a concern. We believe that data must be quality-assured before it leaves its source. Are you familiar with our Q-THOR?
A clear distinction between IT and business units is no longer possible in Business Analytics. Business users are becoming more IT-savvy and are already primarily working with IT-supported solutions. They access data and reports themselves. Therefore, the business requirements must be aligned with the technology—and vice versa. In this context, the role of the Business Analyst is crucial to ensure that the business requirements in the project are accurately defined and correctly translated into the technical design.
Business Analysis
Technology
Even with the most modern analytics tools, there are several technical challenges that must be addressed, especially within projects. Data volumes are continuously increasing, and there is an ever-growing demand for real-time or near-real-time analyses. The combination of these two factors means that long loading times are no longer acceptable. However, for regulatory reasons, it is often necessary for the data to remain stored in the system for a certain period. A streamlined and high-performance data model is essential to meet the requirements for performance and data quality.
There are many different tools and platforms for Business Analytics, ranging from simple reporting tools to advanced machine learning platforms. Choosing the right tool that fits the needs and capabilities of the organization is crucial for avoiding unnecessary operational costs. Tool compatibility is also an important consideration, as many functionalities are only possible within specific tool configurations.
Selection & Use of Tools
Data Skills
Even though the analytics landscape is modern and goal-oriented, this does not automatically mean it is being used correctly. Even within the business units, there are very different levels of data analysis competence. To make the most of it, users need to be properly and regularly trained. We are committed to providing comprehensive training to ensure you maximize your capabilities!
We can fully rely on BIG.Cube as a strong, competent and trustworthy BI partner and we value the high quality of their work.
Holistic Consulting for Business Analytics
We assist you in transforming existing data within your organization into information, enabling you to gain new insights about the current status, perspectives, and the business environment—almost in real-time. Together with you, we analyze your needs. Our specialists, who speak the language of your business units, are here to support you and will work collaboratively with your IT team to implement the new solutions. This allows you to generate real value for your organization.
Whether in the Cloud or On-Premise, we can show you how to best integrate, model, and analyze your data within your BI landscape.
Solutions & Tools in Business Analytics
In the field of Business Analytics, numerous tools are available that focus on various aspects such as data analysis, business intelligence, and decision support. These tools often concentrate on specific areas, including:
- ETL (Extract, Transform, Load)
- Data Warehousing: What does a modern data warehouse look like? Learn more here.
- Data Analysis
- Data Visualization
- Predictive Analytics
Our expertise lies particularly in the area of SAP Analytics, where we provide tailored solutions to help you leverage your data for maximum benefit.
Would you like to optimize your Business Analytics landscape?
With our in-depth knowledge of methods and technologies, we help you design it sustainably and with a forward-thinking focus.
BIG.Cube GmbH
Seitzstraße 8a // TH1
80538 Munich