Covering the essentials of business intelligence, explore the features & functions for an overview.
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As enterprises around the world are looking to modernize their software portfolio, there is a shift from using legacy software to SaaS-based tools. Business leaders are now opting for cloud-based software products for various enterprise applications including ERP, CRM, product lifecycle management (PLM), and quality control (QMS) systems.
As a product manager of a SaaS tool, it is crucial to understand the value of data and present it to business stakeholders in the form of relevant reports, dashboards and insights. What you need is a world-class, next-generation Embedded BI solution — one that would take in data from your SaaS application and convert it into user-centric dashboards and reports.
Specifically, the following capabilities are crucial for an embedded BI solution in a SaaS product:
#1 – Off-the-shelf Reporting
Business users want regular, pre-scheduled reports to be generated from the SaaS tool. Ideally, these reports are built once and automatically delivered to authorized users.
#2 – Ad-hoc Reports
Depending on the specific purpose of conducting data analytics, the embedded BI solution must support the easy generation of ad-hoc reports.
#3 – World-class Data Visualization
Needless to say, for data to be truly useful, data visualization in the form of dashboards and reports is critical.
#4- Support Multi-Tenancy
It is crucial that the embedded BI solution offers multi-tenancy capabilities, so it’s easy to manage various tenants who share the same infrastructure.
#5 Data Security
The safety and security of data residing in the SaaS app are crucial. Therefore, the embedded BI solution you choose must ensure data security rules can be defined and applied to user roles restricting the user from accessing certain data.
#6 – Easy integration with other data sources
Often, data from a SaaS tool needs to be combined with data from other systems or external sources for analysis. The embedded BI solution must connect easily with disparate data sources.
#7 – Connect real-time data from the app into Excel, for analysis
Even as companies are moving to modern data analytics solutions, Excel continues to be one of the most powerful tools for analytics by an individual. Therefore, if your embedded BI solution offers easy integration with Excel, it can be a game-changer. With Orbit’s Embedded BI offering, real-time data from the app can be analyzed inside Excel using our GLSense or XLEdge plugin.
#8 – Automatic Scheduling of reports
Users are now expecting automating reports to be delivered as per a predefined schedule. It is important to identify a BI solution with this capability, before embedding it into your SaaS product.
In addition to the above capabilities, the embedded BI solution must be designed for the following:
With Orbit’s Embedded BI solution, SaaS tools can offer world-class operational reporting, BI and analytics capability within their app. Our solution can be white-labeled into your product within days, not months.
Orbit is also cloud-agnostic, so it’ll fit in well, irrespective of the cloud service provider being used for your SaaS product. Some of the world’s largest companies including companies in the Fortune 500 and rapidly growing startups rely on Orbit’s reporting, analytics and BI solutions. Take advantage of a proven tool for operational reporting and infuse it into your SaaS product.
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