FAQs

Business Intelligence (BI) is invaluable for a wide range of industries seeking to harness data-driven insights to enhance decision-making and drive growth. Industries that benefit most from BI include:

1. Retail: BI helps retailers optimize inventory management, analyze customer buying patterns, and personalize marketing strategies.
2. Finance: BI enables financial institutions to monitor market trends, manage risk, detect fraud, and enhance customer satisfaction through personalized services.
3. Healthcare: BI empowers healthcare providers to improve patient care, streamline operations, and optimize resource allocation through data-driven insights.
4. Manufacturing: BI facilitates predictive maintenance, supply chain optimization, and quality control in manufacturing processes, leading to increased efficiency and reduced costs.
5. Telecommunications: BI aids telecom companies in analyzing customer usage patterns, optimizing network performance, and targeting marketing campaigns effectively.
6. Hospitality: BI helps hospitality businesses enhance guest experiences, optimize pricing strategies, and improve operational efficiency across various functions.
7. E-commerce: BI enables e-commerce platforms to analyze customer behavior, optimize product recommendations, and personalize the shopping experience, leading to increased sales and customer loyalty.

In summary, BI is essential for industries across the board, enabling organizations to leverage data-driven insights to stay competitive, drive innovation, and achieve business objectives.

Check out our BI Case Studies

Business Intelligence (BI) encompasses more than just visualization—it’s about seamlessly integrating data to drive insights and decisions. When selecting a BI strategy or tool, consider these vital components:

1. Connection: Ensure your BI tool connects effortlessly to all key data sources, including ERP systems, cloud applications like Salesforce, and social media platforms. Look for flexibility and compatibility with various data formats.
2. Storage: Choose a robust data warehouse solution like SQL Server or Snowflake that can handle your organization’s data volume and processing needs efficiently. Long-term scalability is essential for sustainable growth.
3. ETL (Extract, Transform, Load): ETL is the backbone of BI, enabling you to transform raw data into actionable insights. Prioritize speed and ease of data transformation to streamline the process and drive BI success.
4. Visualization: Build insightful KPIs to answer business questions effectively. Opt for visualization tools that offer flexibility and performance, especially when dealing with large volumes of data, to ensure user adoption and engagement.
5. Collaboration: Look for BI tools with collaboration features to facilitate real-time discussions and decision-making among stakeholders. Streamlining communication enhances the BI experience and drives better outcomes.
6. Notification Alerts: Set up alerts on critical KPIs to stay informed of exceptions and changes in business performance in real-time. This proactive approach enables management by exception and empowers timely decision-making.

Remember, BI success hinges on the seamless integration of these components. Prioritize compatibility, scalability, and usability when selecting your BI tools and strategies for long-term success.

Total Cost of Ownership (TCO) for Business Intelligence (BI) includes:

a) Hardware:

• PC/Servers

b) Software License cost:

• Visualization tool
• Storage
• Connectors
• ETL

c) Resource cost:

• Technical Consultants
• Business Consultants

d) Training and Development:

• User Training
• Learning Cost

e) Cost of development and deployment

f) Cost & Ease of Maintenance:

• Resources Required to maintain
• Uptime

g) Time to Value

Understanding the comprehensive TCO is crucial for budgeting and decision-making when implementing BI solutions.

BI projects are critical to organizational success as they serve as the brain of the business, analyzing data to drive informed decisions. However, many organizations struggle to get it right, leading to a high failure rate of 70-80%. This is often due to several factors:

1. Lack of alignment: BI requires alignment between hardware, software, technical expertise, and business knowledge, which is challenging to achieve.
2. Inadequate leadership support: Without strong leadership support and direction, BI initiatives may lack the necessary resources and strategic direction for success.
3. Limited experience: Implementing BI projects requires experience and expertise in data analysis, visualization, and interpretation, which many organizations may lack.
4. Poor change management: Successful BI implementation often requires significant organizational change, including changes in processes, culture, and mindset, which can be challenging to manage.
5. Lack of planning and coordination: Effective planning and coordination are essential for BI success, but many organizations struggle to plan and execute BI projects effectively.

To overcome these challenges and increase the success rate of BI projects, organizations must prioritize alignment, leadership support, experience, change management, planning, and coordination.

Selecting the right BI tool is crucial for a successful BI journey. Consider these factors when choosing:

1. Data Visualization: Ensure the tool offers easy and customizable data visualization to answer business questions effectively.
2. Data Integration and Transformation: Assess the tool’s ability to integrate data from multiple sources and perform necessary transformations.
3. Total Cost of Ownership (TCO): Look beyond user license costs and consider hardware, software, training, support, and maintenance expenses.
4. Ease of User Adoption: Choose a tool that’s user-friendly and requires minimal training for adoption.
5. Self-Service: Prioritize tools that empower business users to build their own KPIs without relying heavily on IT.
6. Mobile Capability: Opt for a tool with mobile capability for on-the-go access to real-time information.
7. Performance: Ensure the tool can handle large data volumes without compromising performance.
8. Notification Alerts: Select a tool with notification alerts for timely management of exceptions.

By considering these factors, you can choose a BI tool that meets your organization’s needs and supports your BI objectives effectively.

Indeed, there are several BI tools available in the market and it can be a daunting task to select the right one. Some of the most popular ones are Power BI, Tableau, QlikView and Domo.  

Reach out to us for an hour of free consultation that could help you make the right decision for your long-term success. We will ask few questions to understand your short-term and long term need and walk you through the pros and cons of various options most suited for your organization. This consultation call will be with one of the best BI experts in the industry who have been in your shoes as part of their role in previous organization.

Diacto is a global leader in Data Strategy, Data Engineering, Data Analytics & Business Intelligence, and Data Science & AI services, with a proven track record of successfully delivering over 600 implementations worldwide. We proudly house Centers of Excellence in DOMO, PowerBI, Snowflake, and Tableau.

Our services include:

Data Strategy: In today’s digital landscape, data is paramount. Diacto’s Data Strategy Services enable businesses to unlock their data’s potential, fostering innovation, efficiency, and growth in an increasingly data-driven world.

Data Engineering: Our Data Engineering service is a beacon of innovation, empowering organizations to harness data’s full potential for innovation, efficiency, and growth in today’s business landscape.

We are experts on tools like, DBT, Airflow, Snowflake, Big Query, Fivetran, DOMO, to name a few.

Data Analytics & BI: At Diacto, we specialize in crafting bespoke Data Analytics and BI solutions tailored to your needs. With expertise in DOMO, PowerBI, Tableau, Sigma & Qlik, we empower informed decision-making and drive growth, optimizing operations and enhancing customer experiences.

Data Science & AI: At Diacto, we offer comprehensive Data Science and AI Services, empowering businesses to harness data and AI for informed decision-making. Our experts, proficient in Jupyter, AWS, and leading LLM’s solutions like Amazon Bedrock, Open AI, Gemini, deliver tailored solutions for pattern recognition, trend prediction, and operational optimization.

Our services include:

Domo Consulting: Diacto offers comprehensive DOMO BI implementation services, guiding you from discovery to deployment. Our experts handle Data Integration, Transformation, Visualization, Architecture, and Documentation for a seamless implementation experience.

Domo Managed Services:  Diacto provides global enterprises with comprehensive Domo support and maintenance services, prioritizing optimization for maximum ROI and swift implementation. Our cost-effective approach ensures efficient ongoing support, fostering long-term success in your Domo deployment journey.

Domo Licensing: Diacto, a trusted Domo partner and licensed reseller, offers tailored Domo license options to align with your BI strategy and budget. With Domo’s integrated BI platform and Diacto’s expertise, unlock actionable insights, drive decisions, and foster transparency.

Domo Data Science: At Diacto, our comprehensive DOMO Data Science Services empower businesses to leverage data for informed decision-making. Our skilled team extracts meaningful insights using cutting-edge tools like Jupyter Workspaces and DOMO Auto ML, tailoring solutions for pattern recognition, trend prediction, and operational optimization.

Domo Connector Development: At Diacto, we understand the diversity of business applications. While DOMO offers over 1000 prebuilt connectors, we specialize in crafting customized connectors for seamless integration with APIs. Count on our expertise to tailor the perfect connector solution to your unique needs.

Domo Application Development: At Diacto, we understand the unique needs of organizations and their specialized business processes. That’s why we specialize in crafting custom applications that seamlessly integrate with DOMO, enabling comprehensive analysis and strategic decision-making. Partner with us to unlock the full potential of your business processes.

With a proven track record of successfully completing over 600+ projects spanning diverse industries, our team of experts possesses exceptional proficiency in a range of tools, including but not limited to:

DOMO: A cloud-based platform for business intelligence and data visualization. Our Services include dashboard creation, data integration, analytics consulting, and custom app development.

Power BI: Microsoft’s business analytics tool for creating interactive reports and dashboards. Our Services encompass data modeling, visualization design, Power BI training, and report automation.

Tableau: Leading data visualization tool for creating interactive and shareable dashboards. Our Services provided are dashboard design, data storytelling, Tableau Server deployment, and integration with various data sources.

Snowflake: Cloud-based data warehousing platform designed for performance and scalability. Our Services comprise Snowflake architecture design, data migration, performance optimization, and data governance implementation.

Sigma: Cloud-native analytics and business intelligence platform. Our Offerings include self-service analytics, data exploration, collaborative dashboards, and advanced SQL querying.

We have successfully served clients across various sectors including Marketing, Construction, FMCG, Manufacturing, Healthcare, and more. Explore our catalog of use cases to discover the impactful solutions we’ve delivered in each sector.

Case Studies

Please refer this LINK to have a view of few Sample Dashboards created using different platforms.

Our mission is to deliver exceptional customer experiences marked by speed and quality. With over 300,000 hours of consulting and implementation services, our team has garnered high satisfaction rates. Explore a selection of customer testimonials below.

Testimonials

We provide a diverse array of solutions, encompassing but not limited to the following:

Oracle EBS Reporting & Analytics: Diacto provides a fully automated end-to-end Oracle e-Business Suite Business Intelligence solution built on the Domo platform. The BI solution can be customized and deployed within days and the total cost of ownership is a fraction of the OBIEE cost.

Shopify Plugin: Diacto provides advanced Shopify analytics on Domo. Monitor sales, customer activity, and inventory trends via customizable, real-time dashboards. Rapid deployment, lower costs, and actionable insights empower growth and efficiency.

Diacto Interact Application: The Interact App transforms DOMO data interaction. Users easily converse in plain English, gaining instant insights without technical skills. This streamlines decision-making, maximizing data potential.

Diacto Embed Application: Introducing Diacto Embed: DOMO Everywhere. Simplified programmatic filtering facilitates seamless data sharing and collaboration with external users. Quick setup enables instant dashboard integration, unlocking valuable insights effortlessly. Streamline communication and collaborative decision-making with our intuitive platform.

Construction Analytics: We prioritize construction firms’ satisfaction, leveraging Data Analytics via Domo, Power BI, and Tableau to deliver actionable insights, personalized dashboards, and informed decision-making, fostering innovation and efficiency.

Epicor Reporting & Analytics: Diacto provides Epicor users with seamless transition to Power BI, offering customized analytics and reporting for enhanced decision-making, smooth integration, and competitive pricing.

While Diacto Embed and Diacto Interact are tailored for DOMO, our other solutions are adaptable to various tools.

Certainly, we provide customizations to our existing solutions based on customer feedback and input. Once the requirements are scoped, implementing these changes will require adequate time and effort.

Absolutely, we can create a customized solution tailored to your specific requirements beyond our existing offerings. We would love to hear from you regarding the same.

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