Data, you have it, so why not use it?

Descriptive analysis is typically the first and most simple form of analysis performed on data. It describes historical data in a meaningful way telling us what has happened in a business. The information gleaned from descriptive analysis can be used to understand trends, identify patterns, and make informed decisions. It lays the necessary foundation for more advanced analytics like diagnostic, predictive and prescriptive analysis. Starting with descriptive analysis is a good way to begin your BI program. It provides immediate value and will help you determine which business processes are prime candidates for more advanced analytics.

Every business has data that can benefit the company using business intelligence. Descriptive data can be obtained from a variety of sources including customer databases, sales records, and financial journals. Whether you are a flooring company that has years of data on installer pay or a hotel with reservation and booking data, BI can help unlock actionable insights. Perhaps you are unaware of the value of your data. That is where we come in. Here at ConradBI we are experienced and efficient at helping companies unlock and harness the power of their data – even when they can’t see it. With our expertise and tooling, we work fast and get insights quick. Contact us today to get started. You can’t afford to wait!