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Bi Reporting: Everything you need to know for finding the right tools for effective data analysis

Bi Reporting: Everything you need to know for finding the right tools for effective data analysis

One of the main challenges in providing reliable business intelligence is big data and Bi reporting comes in very handy to sort the issue. To be specific, there is a large amount of raw data that we can get from multiple sources. However, without adequate tools for data analysis or the means to provide business intelligence, data aggregation is of little use. In 2020, 65% of users reported that BI data and analytics helped improve their productivity and efficiency.

Business Intelligence reporting or BI reporting plays a vital role in this as it allows companies or businesses to collect and transform data more effectively. To be more specific, BI reporting will enable us to create smart reports by relying on many different software or tools. The article will focus on investigating BI reporting, its benefits, and methods.

What is BI Reporting?

BI reporting is the process of collecting data and analyzing it to obtain relevant insights that are later used to provide observations and suggestions to decision-makers or boards of directors. The goal is to empower users to act and create strategies that will have the desired results, given how data-driven they are.

Depending on what you’re trying to achieve or how drastic a change you want to implement, you’ll decide how much data to collect and the number of angles to explore. In other words, you may want to consider different variables or use different interpretations of data before creating a BI report.

There are several benefits that companies can gain from BI reporting. In general, acting on information or making well-informed decisions allows companies to maximize their chances of achieving target goals.

Benefits of Business Intelligence Reporting

So far we’ve only listed the general benefits, so it would be useful to focus on more specific use cases where BI reporting plays a major role.

1) Improving the overall workflow efficiency:

Automation, routine and increasing efficiency, and achieving desired results are usually the main goals of project managers. However, to achieve this, they need to examine various aspects of production, sales strategies, deliveries, etc. So finding best practices for all these steps and creating a well-oiled machine or system requires data analysis and BI reporting.

2) Implementation strategy:

Coming up with creative solutions is just a part of the equation, as you also need sound implementation techniques. This means you will need a history of a particular team’s performance and perhaps a report on the performance of your competitors who managed to do a better job. By simply comparing reports, you can find implementation strategies that are more likely to work.

3) Use of both real-time and historical data: 

BI reporting tools make it easy for you to incorporate historical and real-time data into a report and make the necessary comparisons. If you were to use a tool like Whatagraph, you can efficiently create feeds from multiple data sources through their integration features and monitor the data in real-time. If you rely on the same tool for a long time, compiling historical data becomes much easier, and you can also generate detailed and visual reports.

4) Customer analysis and behavior prediction: 

The most lucrative benefit of business intelligence reporting is an insight into customer behavior. It allows them to predict trends and determine why certain groups of users do not find their offer or product attractive. Every business that wants to grow prioritizes strategies that can get them, new customers or new users.

It is no surprise that emotion or emotional need can be a driving force in the business decision-making process. Therefore, it is important to know what motivates your buyers to determine the future features and sales positions of your product.

Conclusion:

Overall, it can be said that bi-reporting tools and procedures have several other benefits, such as optimizing the purchasing, and recruitment process or an overall increase in data quality. However, they are only limited by your imagination, as finding new and creative ways to implement this technology is something that happens daily around the world. Coding Brains can help in providing the right bi-reporting solution for you. For more information, please contact us.


written by Shriya Sachdeva for Coding brains section(s).

Choosing the Best Magento Developer and solutions partner, analyzing the key factors and skills required

Choosing the best Magneto developer and solutions partner, analysing the key factors and skills required

For both Magento developers and businesses, Magento is quite a prominent e-commerce platform because of its flexibility, scalability, architecture, and security features. Magento is customizable, allowing customized e-commerce websites as per the client’s requirement. Developing online stores which are effective demands modern techniques to build designs that increase online sales by making buying decisions easy.

As per the research, e-commerce retail sales are expected to reach 6.54 trillion dollars by the year 2023. We are going to take a look here at what it means to hire a Magento developer. Let us look at a few important points to consider when you are hiring a Magento developer.

When hiring Magento Developers please consider your requirements:

You must have a picture of what you expect from your Magento developer. It becomes very important to consider the requirements while hiring Magento developers.

It would be best to keep these things in mind while hiring a Magento developer:

1) Frontend development or backend:

If you wish to build a website that looks professional and copies your business properly as well. The best thing needed for your business would be to generate a database and launch an application and continuously maintain the services.

2) To choose between a developer or an agency:

A single developer is not enough, if the business is large and there are a lot of websites and a very large big database, it is then needed to manage the Magento sites. It becomes beneficial to hire an agency to do your work.

3) Part-time developer or Full-time developer: 

The developer has a very dynamic profile. It is very important to understand the developers on a contractual or permanent basis. 

Let us analyze the key factors before we Hire Magento Developers. Magento app development demands complete knowledge and skillsets. So it is always said to team up with a Magento expert so that it becomes easy to build the eCommerce website. There are a lot of factors that should be taken into consideration before hiring Magento specialists:

1) Expertise in development: 

Magento developers should have proper knowledge of CMS which should be implemented according to the eCommerce website. This should be able to easily mold their development skill and the project needs as well. 

2) Programming languages knowledge:

A Magento developer needs to have proper knowledge of all the basic programming languages. It is a very essential part of any work and the support for the usage of programming languages. A Magento traveler must master the PHP language to become an expert.

3) Problem-solving skills:

Magento developers should have the task at hand to make the process easier. while developing an eCommerce website and during these times the Magento developer helps in problem-solving skills.

What to see while hiring a Magento Developer?

In India, the most challenging and daunting responsibility that every business executive faces is to hire the best Magento developer. Magento is an open-source development framework that every e-commerce development business prefers to opt for. In the e-commerce industry, the name Magento has gained a leading role and can be taken up by anyone which gives it the freedom to customize an online shop according to the specifications of the clients.

Hiring Magento development through coding brains is going to be a stepping stone for you and is going to affect your online business in a big way for the coming years. Performing complex coding in Magento is a quite efficient part of a Magento developer. To get in touch with the best Magento developer please contact Coding Brains.


written by Faiz Akhtar for Coding brains section(s).

Challenges of Blockchain development: Busting the myths, blockchain adoption and possible solutions

BlockChain development ensures us of a world where digital code, shared databases can function with the necessary protection. It is protected from getting deleted and any kind of tampering. If we understand this well, then in this world every agreement will have a record that is digital because of this we can identify signatures. Intermediaries will be able to function with very little friction and it would thus prove to have immense potential.

BlockChain development ensures us of a world where digital code, shared databases can function with the necessary protection. It is protected from getting deleted and any kind of tampering. If we understand this well, then in this world every agreement will have a record that is digital because of this we can identify signatures. Intermediaries will be able to function with very little friction and it would thus prove to have immense potential.

With the introduction of Blockchain development, researchers claim that businesses are going to get revolutionized thus changing the companies and economics. Blockchain is a foundational technology. It is capable of creating new foundations which can change our social and economical chains.

Let us look at the Myths about Blockchain development:-

1) Blockchain is similar to Bitcoin

Blockchain has many benefits and it is a very large electronic system that will allow you to create applications and currency. To use an example, email and the internet are two different things similarly Bitcoin and blockchain are also very different. As bitcoin has become very popular this misconception has arisen in a lot of people.

2) Blockchain is offering questionable Security

Just as a lot of networks are not secure, the same goes with Blockchain. Despite this, it provides a lot of security over other networks. Someone who has a substantial amount of control and proper resources to access the blockchain work with the data provided, even then because of the distributed network it is very safe and secure to use.

3) Monetary Outlook

Usually, we see that Blockchain development is just monetary, but the truth is it is not so. Because of the rising popularity of bitcoin and interest in the bitcoin, this has become a norm. The potential of technology goes much beyond bitcoin, it is not just monetary.

Now that we have busted these myths about blockchain development let us look at how blockchain helps your business. It will not only help you in increasing your earning but also make your business more efficient.

1) A self-executing contract that has the terms and conditions for all parties which are written directly in the code. The code and terms of the contract are worked upon by a blockchain network. This ensures that all the parties which are in the agreement do what they are supposed to do. These automated programs are run without downtime and also do not interfere with external parties.

2) Hiring efficient employees is very important to choose the right kind of people who can work for a business with you so that the business can grow. Hiring the right kind of employee would need a lot of time, effort, and research. Looking at these things it is very much clear to us that blockchain development technology can make the whole process very easy and efficient for business.

3) Blockchain helps you in making your marketing efforts very effective and as we all know that good marketing is very important for any business. With the kind of competition available in the market, it becomes difficult to stand out and get potential customers for your business. For any kind of business, Marketing is very vital and blockchain development technology helps you in lining both things.

Thus Blockchain facilitates reliable identity management, the customers and employees have digital IDs that help in identifying them. If all this information is stored on a blockchain network, it will reduce the risk of identity theft and money laundering.

So to conclude, the development of software solutions based on the Blockchain slowly will be a fundamental reason to create important competitive advantages in different economic sectors. For expert blockchain services, please visit Coding Brains.


written by Faiz Akhtar for Coding brains section(s).

7 Ways Video Conferencing Software will make a difference at your workplace

7 Ways Video Conferencing Software will make a difference at your workplace

Video conferencing software has become the new phone call in all spheres of life. Whether you are a part of the rising remote workforce or if you have offices in multiple cities or working with a team of professional people.

With this power of bringing people together, this has improved efficiency and helped in saving a lot of money. According to the researchers, video conferencing software technologies are supposed to increase by 20 percent by the year 2022.

This would probably mean that you have already adopted or thinking about adopting video conferencing software. Let us look at the benefits of adopting video conferencing software technology so that you can decide for yourself and weigh your options.

1) Improvement in communication:

Human beings can process visual information faster and more properly than text or audio. Along with this 50 percent of people when surveyed about this reported that understanding the critical aspects of projects was much easier and better with video conferencing software technology. For any time of business whether it is long term or short term, clear communication is very important in setting expectations and achieving the goals. So, no matter how you look at it, investing in video conferencing software technology is a win-win situation.

2) Helps in building relationships:

Meeting a person face to face builds a lot of trust and helps you make a personal connection. Video conferencing is very well regarded and a helpful tool. Video conferencing software technology has helped the users in building relationships within and outside the workplace.

3) Saves a lot of money: 

Without the expense of travel to meet the person, Video conferencing software delivers a collaborative and in-person experience. It also becomes possible to hire the best talent from the world and give them the space to work from anywhere in the world. Once you are comfortable with the video conferencing software technology it may also become possible to hire the staff from anywhere and at any time according to your needs.

4) Saves essential time:

A lot of traveling time is saved because it gives you the bandwidth to meet virtually anywhere and anytime. It can also eliminate the disruption that may be caused by email or barrage of any kind of messages, reduces a lot of confusion, and helps in bringing the whole team together at the same page faster. With the help of video conferencing software technology, the time taken to perform any task by the team has reduced significantly.

5) Improved Efficiency:

With the help of verbal and non -verbal cues, screen sharing, real-time collaboration, and the power to join virtually from anywhere. Video conferencing software has made tasks very efficient for everyone.

6) Increase in productivity:

The documentation process has become very easy because of real-time collaborations, there is no longer to reply and respond on long email chains all the things which can cause a lot of confusion, unnecessary delays, and a lot of misunderstanding.

7) Saves travel time:

As everyone now has the power to be on a call and collaborate in real-time, it ensures that everyone in the team has a voice and can give feedback thus helping in constructive criticism. It also becomes possible to brainstorm as a team quickly and respond to the conference and in making sure that everyone in the team has understood the project well. As with video conferencing software, there is no need to travel, the team can devote more time to activities, even on the meeting days.

So if you wish to connect with your entire team or just with a few managers video conferencing technology can help a lot. You would get the power to share important information use the tools to improve the efficiency of the team, conduct discussions of the panel launch products, and save time and money for you and your team. 

If you wish to know more about video conferencing software technology please contact coding brains.


written by Faiz Akhtar for Coding brains section(s).

How to choose real estate CRM software that can revolutionize your business?

How to choose real estate CRM software that can revolutionise your business?

It has now become possible for businesses to set up real estate CRM software for their business. It has not only aggregated the information but the data provided is often used to generate leads and convert clients, thus improving the business and generating more leads. The National Association of Realtors has conducted research that suggests that the real estate companies generally get 30% of their business from one of their previous client referrals, and also 25% business directly from their previous clients. As the majority of their business is coming from existing customers and referrals, they must ensure that they have the best real estate CRM software which helps in managing this inflow.

Let us discuss the most important benefits which real estate CRM software provides and how it can further contribute to making the sale process smoother and more personalized. So if you are thinking of acquiring real estate CRM software, these benefits will be really valuable to evaluate your potential solutions.

1) Boosting Lead Generation Efforts

Real estate CRM software is created to increase the leads for the business. The capabilities which are included in the real estate enhance lead generation which allows agents to track the leads properly. By analyzing the leads and reporting them in detail informs smarter decisions in the generation of future leads.

When it is integrated with other solutions, the lead generation capabilities become amplified. The best thing to do would be to connect social media and website data to better understand every lead’s intention and the interests it is carrying for your company.

The smart decision would be to connect the real estate CRM software data to the marketing automation which will help in tracking demographics, lead time, campaigns, and the other factors which are contributing to the leadership campaigns.

2) Simplifying document generation

Real estate CRM software involves carrying a lot of documents which involves contracts, deeds, and closing statements. Real estate CRM software not only stores these important documents for accessing them easily but also helps in simplifying the creation of these documents. With which you can pull crucial data for a CRM contact’s account.

3) Standardizing Workflows 

The coolest thing about real estate CRM software is that it aligns the processes. When we say workflows standardization it means that businesses require agents to sign off on specific required actions throughout the stages of a process. Administrators can thus create approval workflows for a lot of processes they like. The workflow not only aligns the agent to a specific project but also keeps management well informed of the progress and automated tasks which are associated with the process at the appropriate stage to collect and gather certain documents. The real estate CRM software is becoming more process-centric, by offering more and more advanced workflow capabilities which are fitting every stage in the real estate sales, marketing, and service processes.

4) Automating Business processes for better functioning 

The best ability of real estate CRM software is to automate for agents and commercial real estate organizations. With the process of automation, redundant tasks that can slow down the progress of closing a deal can be removed. Automation will include everything from data entry to auto logging calls and emails.

 5) Creating integrated solutions for marketing

A real estate CRM software solution would provide the data for improved marketing. Real estate CRM software has also offered some marketing capabilities for automation and email interactions. The real power of real estate CRM software is in full force when it is taken in with a compatible marketing solution. The combined solution would build more complete customer profiles. Which would mean to target marketing and a better customer profile. Insights provided on the social media interactions, web activities, and email campaigns are fed back into the real estate CRM software.

These were just a few of the many solutions that Integrated real estate CRM software and marketing automation provides. The more data is available at the fingertips, the more data you can source from diverse resources, it will thus result in making your marketing and sales outcome better and efficient. An integrated marketing solution is a key to unlocking that Power. For more information on integrated real estate CRM software technology please contact coding brains.


written by Faiz Akhtar for Coding brains section(s).
 
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