Business Analytics Software Tools: Visualization vs Full-Stack
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Transcript of Business Analytics Software Tools: Visualization vs Full-Stack
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UNDERSTANDING THE BENEFITS OF DIFFERENT BUSINESS ANALYTICS SOFTWARE TOOLS
DATA VISUALIZATION IS NOT ENOUGH!
Presented by Sisense: Business Analytics for Complex Data
Manage Data Analyze Data
• Access Data
• Clean and Structure Data
• Store for Analysis
• Analyze
• Visualize
• Filter and Interact
End-to-End BI
Visualization Software
There are Two Types of BI Software Tools:• End-to-end BI tools deal with the full scope of analyzing data• Data visualization tools deal only with the final stages of transforming data into visual representations
PREPARING DATA
Data Preparation MattersVisualization tools come with very limited data preparation capabilities. When does this become a problem and why?
• Use more than one type of data source
• Often forced to summarize data before analysis
• Have to turn to IT for most updates
• Want to analyze a large data set
• Work with messy, unorganized data sets
You might need to prepare your data for analysis if you...
And since most companies aren’t working with perfectly clean data, the end result is that…
of Effort Goes toData Preparation
80%That’s right. Research shows that most data analysis projects are mostly about getting the data ready.
In complex or even semi-complex data scenarios, data preparation is actually the more challenging and time-consuming part.
That’s why data visualization tools will rarely be “standalones”, and will usually require a host of additional tools to prepare and manage data.
JOINING DIFFERENT DATA SOURCES
Unlike full-stack BI software, data visualization tools lack a robust data integration engine and do not have the ability to join tables from different data sources. Why does this matter?
7
Scenarios in which you need to join multiple data sources
• When you need to explore a data set in
both summarized and detailed format
• When you are working with several types
of data source
• When you want to connect all your data
together
JOINING DIFFERENT DATA SOURCES: A REAL-LIFE EXAMPLE
Let’s try to answer a relatively simple business question:
Is there a correlation between prospects’ support tickets answered via the Zendesk platform, and the won\lost deal ratio as measured by Salesforce?
• Table 1 shows Salesforce data• Table 2 shows Zendesk data• Table 3 shows the data from both sources after it has been joined
Let’s see what joining different data sources can teach us about out business!
SALESFORCE DATA ONLYShows Outcome in Terms of
Won/Lost Deal. Doesn’t Show
Effort to Service Prospects
• Deal Size
• # Opportunities
• Type of Business
• Trend: #Opportunities + Deal Size
ZENDESK DATA ONLYShows Effort to Service
Prospects but Not Outcome –
Won/Lost Deal
• Tickets Answered
• Avg. Time to Close
• Avg. Tickets Per Organization
• Type of Ticket
• Trend: Tickets + Time to Close
ZENDESK + SALESFORCEShows Outcome in Terms of
Won/Lost Deal AND Shows
Effort to Service Prospects
• Total Tickets Won vs. Lost Opps
• Avg Tickets Won vs. Lost Opps
• Avg Deal Size Won vs. Lost Opps
• Top Won/ Lost Opps in terms of
Tickets Opened
• Trend Avg Tickets Won vs. Lost Opps
ADDITIONAL DIFFERENCES BETWEEN FULL-STACK BUSINESS INTELLIGENCE AND FRONT-END TOOLS
Visualization Tools
Forced to pre-aggregate first
Can’t join different data sources
Effort to manage many data models
No cleansing tools (ETL) / Forced to repeat tasks as data is updated
Eventually need IT, a data warehouse or both
Limited Data Preparation Capabilities
End-to-End BI
Connect directly to raw data
Create real joins between varied data sources
Manage a single data model –Support many sources, rows and columns
Visual environment no coding, use Excel-like functions to structure and clean data.
Single solution designed for business –Access, prepare, store & analyze
Automate Data Preparation in a Single Location
DATA ACCESS
DATA SOURCES
DATA MANAGEMENT
DATA CLEANSING
END TO END SOLUTION
Types of Business Intelligence Tools Compared by Capabilities
Thank you
WANT TO LEARN MORE?
Visit sisense.com
To see real end-to-end business analytics software in action