Tag Archives: bi tools

Analytics Adoption: ‘Precanned insights’ vs ‘Real-time insights’

Organizations have lots of data, reports, and insightful dashboards but are they actionable? How easy for the organization to leverage insights from Dashboards?

Max is disappointed with the insights provided by Julie. Alex said he will talk to the Dashview team to build the reports quickly.

The Dashview needs 2 more days to build the reports.

Alex volunteers to fix the meeting with the FLASH team the next day.

Team FLASH demonstrated FLASH to Max and his team. Max was stunned to see that FLASH not only generated the insights quickly but the insights are real-time insights.

FLASH can power your decision making as well. What are you waiting for? Contact the FLASH team @ info@genisights.com or visit the website https://flash.genisights.com/

Effective Decision Making

  FLASH CORNER

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The BI Survey research found that 58% of the surveyed companies relied more than half of their decisions on gut feel or experience over data. But two-thirds believe that information will be valued for decision making in the future. Highly data-driven organizations are 3X more likely to report significant improvement in decision-making, according to a survey by PWC.

The HiPPO effect, coined by Avinash Kaushik and reiterated by Bernard Marr in Forbes, is usually the most experienced, most powerful, or highest paid in the room. Once they voice their opinion, others find it disrespectful to voice their own. This may not lead to desired results. Let’s think if the decision would go on a similar path if the time and resources would be different. Given more time, you would probably rely on the opinion of a board of directors or your experienced colleagues. Will you still be completely confident?

   Data however changes this. You have an unbiased opinion based on facts that leads to better results. Data analytics uses information from all sources and simplifies it to visual representations that highlight what you need. You are now capable of viewing all your information in just one screen. But data is useless until interpreted. Data-driven decision making or DDMM lies in interpreting this data for actionable insights. A term fondly called as data storytelling is considered an art. Artificial intelligence-based complex algorithms make sure to see more than what the human eye and mind are capable of. These insights help drive your decisions in directions that lead to success. So you have got your data, got your insights from this data, why then have you not used it to make the decision given to you 10 minutes ago?

The problem with many AI solutions is the inability to get exactly what you want when you want. You have a ton of data and a ton of insights but how does your BI tool know what you need to reach the answer for the question given to you 10 minutes ago. You have knocked on the door of data analytics and are seeking the solution. But can’t you just ask?

FLASH, by geniSIGHTS, gives you the power to simply talk to your BI tool and seek the information you need to come to the decisions that will open the right doors. In turn, FLASH also talks back to you with insights. FLASH is a one of a kind voice-powered dashboard that provides quick insights into your organization’s metrics. It goes beyond the functionality of Business Intelligence and uses conversational AI in the dashboard to respond to queries and generates real-time insights for actionable decision-making.

FLASH is AI-driven, lightweight, and easy to use.  It can easily be integrated with your existing data systems without having any extra software. It is also accessible from any location and insights can be exported and shared with the members of your organization. The visualization can be customizable and easily understood without any expert knowledge of data. FLASH ensures that your entire team is on the same page, making your user experience smooth and without any delay. Unlike other solutions, FLASH learns continuously to understand what you need for your business and becomes your virtual data assistant over a period of time.

FLASH is your AI agent who has all the answers you need to make decisions in a FLASH. We have seen how Amazon’s Alexa has made life easier. Shouldn’t your dashboard be able to do that? Now you can make your decisions within 10 minutes and be sure of it.

FLASH gets you what you need, you simply need to ask it. Check out FLASH at https://flash.genisights.com/