14th Annual Ventana *Digital Innovation* awards

Ad hoc reporting, also known as one-time ad hoc reports, helps its users to answer critical business questions immediately by creating an autonomous report, without the need to wait for standard analysis with the help of real-time data and dynamic dashboards.

Ad Hoc Reporting

Analytics APIs are APIs that enable applications to perform a systematic analysis of data and provides insights into the meaning of the data to help in decision making.

Benchmarking allows you to compare your data with aggregated industry data from other companies who share their data.

Benchmarking

An Analytics Dashboard is a collection of widgets which allow a quick visualization of data.

Dashboard

data visualization means showing data in a visual format that makes insights easier to understand for human users.

Data Visualization

Geographic maps let users make better decisions through geographic visualization and analysis of data.

Geographic Maps

Key Performance Indicator is a quantifiable measure of performance over time for a specific objective. KPIs provide targets for teams to shoot for, milestones to gauge progress, and insights that help people across the organization make better decisions.

Key Performance Indicators

OLAP is an approach to answer multi-dimensional analytical (MDA) queries swiftly in computing. OLAP is part of the broader category of business intelligence, which also encompasses relational databases, report writing and data mining.

Olap

Performance metrics are used to measure the behavior, activities, and performance of a business.

Performance Metrics

Predictive analytics is a branch of advanced analytics that makes predictions about future outcomes using historical data combined with statistical modeling, data mining techniques and machine learning.

Predictive Analytics

Profitability analysis is a component of enterprise resource planning (ERP) that allows administrators to forecast the profitability of a proposal or optimize the profitability of an existing project.

Profitability Analysis

scorecard is a graphical representation of the progress over time of some entity, such as an enterprise, an employee or a business unit, toward some specified goal or goals.

Scorecards

Strategic planning is a process in which an organization's leaders define their vision for the future and identify their organization's goals and objectives.

Strategic Planning

Trend indicators attempt to provide an objective measure of the direction of the trend and Indicates that there is a problem that must be investigated.

Trend / Problem Indicators

Visual analytics is the use of sophisticated tools and processes to analyze datasets using visual representations of the data.

Visual Analytics

Ai / Machine Learning

Budgeting / Forecasting

Collaboration Tools

Data Blending

Data Discovery

Data Import / Export

Data Transformation

Forecasting

Modeling & Simulation

Reporting / Analytics

Self Service Data Preparation

Statistical Analysis

Visual Discovery

Health Care

Manufacturing

Retail

Financial

Agriculture (Crops, Livestock, Seafood, Etc)

Sisense

*Analytics platforms*, sometimes known as *business intelligence* (BI) platforms is a feature-rich technological solution tailored to the needs of major businesses. It typically brings together many "tools and analytics systems with an engine to execute, a database or repository to store and manage the data, data mining algorithms, and approaches and procedures for accessing and preparing non-stored data. This solution can be delivered as a software-only application or as a cloud-based software as a service (SaaS) to businesses in need of contextual information that all of their data points to, or analytical information based on current data records." /n/n 

A data analytics platform is a cohesive system that combines numerous analytical techniques to contextualize data. /n/n 

Businesses utilize these platforms for a variety of reasons, including analyzing the quantity of sales across two regions and determining the variables that contributed to the disparities. Analytics software can also provide data on website user behavior at various times of the day, as well as inventory levels in various store locations. /n/n 

Businesses frequently code their own tools to allow for more customization, but this may be a time-consuming process. Though the end result is tailored to their requirements, developing and deploying these tools takes time and resources, which might extend the development cycle. These tools require sophisticated developers to construct them, and then they must be maintained and updated on an ongoing basis. /n/n 

Alternatively, you could buy add-on tools, some of which can be integrated, and trade customization for ease. Due to a lack of design possibilities in the way analytics information is presented, among other concerns, a lack of customization might have an influence on branding. Best-of-breed data analytics platforms offer a solution to this problem since they combine the benefits of both options. /n/n 

*The following are some of the other benefits of employing a solid analytics platform:* /n/n 
-> Feature sets are updated automatically. /n 
-> Turnkey security that interfaces with existing frameworks, allowing for single sign-on, user access control in one place, and multi-tenancy support. /n 
-> Users and developers can get technical help from outside sources. /n 
-> Any IT model—on-premises, cloud, or hybrid—can be supported by this flexible architecture.

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