Analytics has been one of the most rapidly evolving and exciting components of corporate computing throughout the past several years, as companies begin to leverage automation solutions and big data to more intelligently handle decision-making, reporting and other aspects of management. Because of the sheer volume and diversity of businesses that have started to use reporting analytics and similar tools in a relatively short period of time, clearly defined levels of performance can be seen when looking at various firms.
In many ways, the private and public sectors have truly stepped up to the plate with respect to their aggressive and intelligent approaches to analytics, striving to reach the upper echelons of use that would be characterized by predictive capabilities. So long as the company is using the right automation solution for its reporting analytics strategy and has properly integrated content management systems, the path toward optimal functionality will not be all that long or arduous.
Further steps to come
Thomas Davenport, writing for The Wall Street Journal, recently asserted that a new type of intelligence strategy is becoming a reality as the years progress, and he refers to it as automated analytics. After listing the three most common types of analytics among today's corporate users – descriptive, predictive and prescriptive – he went on to argue that there should be a fourth, which would be automated analytics.
Now, the biggest distinction between the fourth category and the other three is tied into which entities are receiving the information from the analytics tools. According to Davenport, automated analytics would instead communicate the generated intelligence to other systems and technologies, making the interactions that take place throughout IT assets a bit more seamless, speedy and intelligent in the process.
As always, though, companies will need to ensure that they are striking the right chords with respect to initial analytics capabilities before jumping into more complex and advanced strategies.
The path forward
Automated content management and reporting analytics will often have immediate and clear benefits to various departments in the business, and the first pursuit should be reaching descriptive intelligence. This information will help to inform the decision-making process more fluidly and quickly than traditional intelligence strategies would yield.
By leveraging a trusted managed service provider that can guide the company through the various stages of reporting analytics and other automation solution use, firms can ensure that they are scaling relevant projects up safely and efficiently.
