Dashboard Business Intelligence

A dashboard business intelligence solution can be very useful to many businesses and users for a variety of reasons. There are several different types of dashboard business intelligence solutions available with varying price points and feature sets. Many business intelligence vendors offer dashboard business intelligence features with their platforms. Because of the level of competition in the business intelligence world, companies are offering and constantly creating new and more user friendly dashboard business intelligence solutions to attract potential customers.

History of dashboard business intelligence

The idea of dashboard business intelligence first emerged in the 1970’s when a study on decision support systems was being conducted. During the late 1990’s with the explosion of the web many of the foundations of what we see and know now as a dashboard business intelligence began to emerge. Known as digital dashboards, many of these dashboard business intelligence solutions were developed in-house, meaning the company that wished to utilize the digital dashboard would develop the dashboards themselves from the ground up using their own staff and resources on the project. Over time dashboard business intelligence solutions began to sold as part of BI suites.

How to use dashboard business intelligence

There can be several different ways a dashboard business intelligence can be utilized because there are several different dashboards models and makers. But essentially dashboard business intelligence is used to view and monitor information regarding your operation. Some companies offer a dashboard business intelligence with real-time trends in order to actively manage business as well as offer users a chance to look at key performance indicators.

Real time dashboard business intelligence

One of the many benefits of dashboard business intelligence is of course offering users to view their dashboard with real-time data. The benefit of viewing what is going on at the moment is being able to react faster to what you are looking at as well as knowing how efficient your operation is. Understanding an operations performance is crucial to the success of many if not all companies and is the key to remaining competitive in this forever changing environment. One of the key benefits of real-time dashboards is that it can be used by many different departments at the same time and all of the departments will be looking at the most up to date information. This allows everyone to be on the same page as the marketing, HR, or financing department for example.

Benefits of dashboard business intelligence

One of the most favorable benefits of dashboard business intelligence has to be the fact that user’s data on their operation is no longer presented to them on paper represented by hundreds of numbers across several columns. Dashboard business intelligence software presents data in an easy to understand visual presentation. One source of data can be looked at through a pie chart and just as easily converted into a bar graph or any other chart or graph available. The dashboard itself is easy to navigate and control and offers huge amounts of information at the users will.