How Can My Business Ensure ROI and User Adoption for BI Tools?

Data Analytics: Metrics vs. Meaning

A Reliable Research Study recently reported that, ‘The United States Augmented Analytics Software market is poised for significant growth, driven by increasing demand for data-driven decision-making and the integration of artificial intelligence. Businesses are leveraging advanced analytics tools to enhance data interpretation and automate insights, fostering a more agile operational environment.’

There is no doubt that the augmented analytics market is growing by leaps and bounds around the world. But for the business wishing to roll out its first augmented analytics software installation or for companies that wish to upgrade their analytics and improve data democratization and data literacy, the path to full implementation and user engagement can be fraught with missteps.

‘With careful planning and engagement of team members to extract feedback and plan for challenges, the business can ensure Return on Investment (ROI) and low Total Cost of Ownership (TCO), and enable user adoption.’

No executive team will approve new technology without some guarantee that it will pay off! Which means that the business team must find a way to ensure Return on Investment (ROI) and prove the benefits of the augmented analytics implementation.

How Can I Ensure Return on Investment for Augmented Analytics and Enable User Adoption?

There are a number of considerations a business should include in order to address the issues inherent in this type of installation:

  • How and why does the team the business can benefit from this implementation?
  • What is the level of technology skills for the average intended augmented analytics user?
  • What resistance to workflow and process changes might arise? This issue will require engaging with the enterprise team to understand and address issues
  • What benefits will the enterprise team enjoy if the new analytics system is implemented?
  • How can collaboration, productivity, fact-based decision-making and data literacy improve the day-to-day team process and the organization?
  • Does the augmented analytics solution under consideration meet the stated requirements for features and functionality for the team and the company?
  • Does the solution support embedded BI, single sign-on and integration APIs to encourage users to explore analytics within the confines of familiar enterprise applications?
  • Does the solution provide ease-of-use for all users and flexibility and personalization options to make its use more meaningful to each user?
  • Does the IT team have the appropriate support from an expert Augmented Analytics partner to review and address requirements and provide support?

When selecting an augmented analytics solution or BI tool, the business should take the time to plan carefully in order to avoid implementation of a solution that does not suit the needs of the organization or one that users will not adopt because of poor training or communication or cultural bias against new work processes or workflow.

With careful planning and engagement of team members to extract feedback and plan for challenges, the business can ensure Return on Investment (ROI) and low Total Cost of Ownership (TCO), and enable user adoption. Take the time to develop requirements, consider the features and functionality that will best serve you organization and create user cases to test the features against the planned use of the software product.

‘No executive team will approve new technology without some guarantee that it will pay off! Which means that the business team must find a way to ensure Return on Investment (ROI) and prove the benefits of the augmented analytics implementation.’

Contact Us to discuss the unique needs of your organization and your users and find out more about our Augmented Analytics Solution and services, and about Smarten Technology. Explore our free white paper, ‘Roadmap To ROI And User Adoption Of Augmented Analytics And BI.’

Original Post : Ensure Return on Investment and User Adoption for Augmented Analytics!

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