In What Ways May Reporting Tools and Data Analytics Help ?
Raw data is processed, summarized, and arranged using analytics and reporting tools, then visually appealing, readily consumed information is shown.
These days, the value of reporting and data analytics is extensively underlined in the corporate environment. Of course, gathering, evaluating, and presenting several types of data has always had rather obvious advantages. However, the real degree of technology advancement given to companies gave them very limited means to truly maximize data potential.
Originally among the initial elements of corporate IT architecture, software analytics and reporting tools are following the evolutionary path with other technologies. Old software analytics solutions today cannot fit the needs of the new digital era, much as initial IBM i business applications and other tools meant for decades ago. And without complete-scale modernization, analytics and reporting tools limit companies’ capacity to maximize their data. Legacy IBM i programs are no exception.
When Do Your Reporting Tools and Analytics Call for Modernization ?
Several really simple indicators of employing legacy analytics and reporting systems follow here. Problems and challenges that usually surface throughout the process help one to easily recognize them.
Limited Capabilities
Usually simply the most basic functions and capabilities, old analytics and reporting tools had the newest technologies—which are necessary for such items in the modern corporate environment—are not supported by them.
Outdated and unattractive visuals
Like any legacy program, antiquated analytics and reporting solutions have interfaces and visuals that were excellent a few decades ago and distinctly ugly now.
Difficult to Employ
Software analytics developed when software merely had to offer functionality, without needing to support it with appropriate accessibility and user-friendliness, also typically feature too much complexity and high technicality.
Expensive to Build and Upkeep
Examining legacy solutions from the financial standpoint also helps you to differentiate them as their creation and maintenance often call for large expenses. Organizations usually have to develop them in-house, dedicating significant internal resources for the support of such a product throughout the years, therefore enabling their functionality and value delivery.
In essence, the problems and challenges resulting from analytical and reporting tools from past generations of technology evolution are quite similar to the problems with legacy corporate apps. And in the fast-paced corporate world of today, they also want modernization with immediate need.
The good news is that a fresh new generation of products to replace the legacy comes from a new cycle of technical development.
The Upcoming Generation of Reporting Tools and Analytics Instruments
Not surprising here: the direction analytical and reporting tools are developing is the same as that of the sector as a whole. Aim for seamless integration, rely on low-code and no-code technologies to be accessible to non-technical users, and they are getting much easier to set up and operate.
Yellowfin is the answer that captures all the achievements the fresh cycle of evolution in analytics technologies has to offer. Using the Amazon and Azure markets, Yellowfin is a web-based business information tool housed both on-site and on the cloud.
Yellowfin is the perfect solution for analytics and reporting tool modernization thanks in part to these technical qualities and capabilities.
Automatic Observation
Yellowfin lets consumers employ completely automated AI-driven signals or threshold-based warnings to perform real-time monitoring.
Based on Dashboards, Actions
By means of a no-code/low-code development environment, the platform offers embedded operational processes, therefore enabling users to generate powerful dashboards and data visualizations.
Self-Service Corporate Intelligence Solutions
Yellowfin offers self-service BI choices to speed discovery and enable anyone to generate controlled reports.
Management Notes and Data Stories
This application enables companies to quickly and with no effort create professional data-driven management reports and presentations, therefore helping them to convey meaningful data stories with rich data visuals.
