Data analysis is a crucial part of making informed decisions in any business. Some of our past blogs (acquisitioning data, diagnostic analysis) have discussed various steps in the business intelligence process. As BI experts, our role is to assist in this process by providing businesses with insights and recommendations based on their data. Last week’s blog by our founder covered his experience at the OSU Datathon (catch up on that here). An interesting phenomenon we observed from some of the teams during their presentations was to decide which outcome was best for the company. Although this might seem like it solved the challenge, a better option to consider would be to provide the key factor results from the various business perspectives and let the business compare and decide what’s best as a consensus of goals is reached.

The BI process is really a team effort between us as BI experts and the organization. We stay versed in common business practices but need your knowledge to help us understand the particulars about your organization and its challenges.  We can then help gather the necessary data, produce a descriptive business model, conduct diagnostic analysis, and provide visualizations, insights, and recommendations. With that said, our goal is not to make the decision for you but instead to provide every insight your data has to offer about the process being evaluated.  The visuals need to tell the true story of the data in a clear manner so you can make objective data-driven decisions.  As our founder often states, we should “let the data speak”.

Our analysis doesn’t stop there.  As decisions are made, we use your customized descriptive model to perform continuous diagnostics to evaluate the results of your decisions and provide valuable feedback so you can make adjustments as necessary.  The end goal is to optimize the process until its maximum potential is achieved.  As we do this for each business process, your organization gets closer to becoming the best version of itself.

We at ConradBI understand that you know your business better than anyone.  We can be valuable partners in accelerating your business transformation to reach maximum profit.