Slides: Achieving a “Single Source of Truth” with BI in Your Enterprise
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The document discusses the importance of achieving a single source of truth in data management, emphasizing that it enhances trust and usage. It provides customer examples from various industries, including retail and pharmaceuticals, highlighting how centralizing data on a single platform solves issues like dashboard overload and data quality. Common themes include the need for quality data, organized content, and effective distribution to users.
Slides: Achieving a “Single Source of Truth” with BI in Your Enterprise
- 1. www.metricinsights.com © Metric Insights 2020 – Company Confidential Give your data the audience it deserves Achieving a Single Source of Truth
- 2. Marius Moscovici Founder & CEO Metric Insights Mike Smitheman VP Sales & Marketing Metric Insights
- 3. Agenda • The Quest for a Single Source of Truth • Customer Examples & Demonstrations • Q&A
- 4. WHY DOES A SINGLE SOURCE OF TRUTH MATTER?
- 5. LOW USAGE MINIMAL ROI WITHOUT TRUST…
- 7. ACHIEVING A SINGLE SOURCE OF TRUTH… …IS A JOURNEY NOT A DESTINATION
- 8. Pharmaceutical Company with data quality Issues Clinical Trials Company managing changing operational environment Software Company with data engagement challenges Retail Company with dashboard overload
- 9. Fortune 100 Retail Company DASHBOARD OVERLOAD 70,000 employees, 10,000’s of reports, 30 BI portals, causes lack of consistency, governance and discoverability
- 10. CENTRALIZED PORTAL with a hub and spoke resource model to publish, document, and certify all BI content Fortune 100 Retail Company DASHBOARD OVERLOAD
- 11. • Governance model for BI • Analysts accountability • Discoverable data Fortune 100 Retail Company DASHBOARD OVERLOAD
- 12. Fortune 400 Software Company LOW ENGAGEMENT Volume of reports and dashboards causes executives and management to not use BI
- 13. Fortune 400 Software Company LOW ENGAGEMENT Pre-filtered DISTRIBUTION of relevant content ensures users are getting actionable data that they can consume quickly
- 14. Fortune 400 Software Company LOW ENGAGEMENT • Reduced user errors • Increased trust • Higher engagement
- 15. Fortune 200 Pharmaceutical Company DATA QUALITY Unreliable sales data from 3rd party data aggregators causes challenges for sales and trade teams
- 16. Fortune 200 Pharmaceutical Company DATA QUALITY STATISTICAL ANALYSIS of data determines data quality vs business issues
- 17. Fortune 200 Pharmaceutical Company DATA QUALITY • Confidence in data • Increased sales performance • Better morale and relationships
- 18. Clinical Trials Company RAPID CHANGE Rapid operational changes due to Covid-19 crisis make it difficult for all stakeholders to get on the same page
- 19. Information from multiple sources is organized into a top down MASHUP for management so that everyone is on the same page Clinical Trials Company RAPID CHANGE
- 20. • Single source of truth • Agile approach to deal with crisis • Increased trust Clinical Trials Company RAPID CHANGE
- 21. COMMON THEMES SINGLE SOURCE OF TRUTH 1 Quality Data 2 Organized & Discoverable Content 3 Certified & Trustworthy 4 Focused via Anomaly & Exception Detection 5 Distributed to Users Where They Need It
- 22. www.metricinsights.com © Metric Insights 2018 – Company Confidential Q&A marius@metricinsights.com mike@metricinsights.com