Covering the essentials of business intelligence, explore the features & functions for an overview.
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Remaining competitive and efficient across various business functions requires each department to be able to identify areas of improvement on an ongoing basis. It requires access to real-time data and the ability to generate specific reports “on-demand”.
Ad hoc reporting, as this is called, is a break away from the traditional approach to business analytics where business users depended on IT-generated managed reports for their analytics needs. Today, tools such as Orbit Reporting and Analytics empower business users with self-service capabilities and the ability to generate customized reports based on specific requirements. It allows them unify data from multiple sources and leverage multidimensional data to create reports on the fly.
Advantages of Ad Hoc Reporting
Flexibility: Since users have access to real-time data, they can respond to the changing trends in real-time. The interactive reporting capabilities of ad hoc reporting also allow users to ask relevant questions to get actionable insights. Ad hoc reports are different from canned reports that are generated on a periodic basis for authorized users.
Frees Up IT: With a solution like Orbit, ad hoc reports can be generated without the need for help from the IT team.
Data From Multiple Sources enables Holistic Data Analysis: Next-gen tools such as Orbit enable users to get a unified view of data from different sources, thereby basing their decisions that are more holistic and therefore effective.
Interactive Dashboards: A good ad hoc reporting tool provides an interactive dashboard that enables instant decision-making.
Collaboration Made Easy: Different teams can collaborate in real-time to make decisions that impact the various operations by sharing reports.
A Few Factors to Consider
There are many tools available for ad hoc reporting. But before investing in one, the factors to be considered include:
Orbit Reporting and Analytics for Ad Hoc Reporting
An ad hoc reporting tool that meets all the above criteria and offers more is Orbit’s Reporting and Analytics Solution. Some of its key features that make this an ideal ad hoc reporting solution include:
To know how Orbit can help your employees with ad hoc reporting, request a demo here: