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Top Features Of A Business Analytics Dashboard

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    What is a business analytics dashboard? 

    Data exploration and analysis are made easier with the help of business analytics dashboards. A business analytics dashboard is a visual representation of Key Performance Indicators(KPIs).  Dashboards are widely used in business intelligence due to the wealth of data analysis, personalization, collaboration, and prediction they provide. You can use filters and drill-throughs to engage with the data and find new insights. 

    They allow you to combine information from multiple sources to make better decisions. Web-based dashboards allow the modern Business Intelligence platform to access, analyze, display, and share data, eliminating the need for manually compiling spreadsheets and presentations.

    What are the essential features of a business analytics dashboard? 

    • Connection to Multiple Data Sources 

    A typical business analytics dashboard makes connecting to sources such as data lakes, warehouses, and marts easier. 

    • Data Visualizations 

    Dashboards can be configured to include various visualization types for displaying performance metrics, KPIs, statistics, and other data. They can display basic visualizations like bar, line, and pie charts, as well as more complex visuals like heat maps, bubble charts, and more. 

    • Data Tables 

    Data tables can be included in business analytics dashboards to access relevant values quickly. Color-coding tabular data can highlight trends or patterns, such as year-over-year sales declines in a specific geographic region. 

    • Drilling Capabilities 

    Businesses can analyze data deeper by quickly switching from top-level to granular views and uncovering hidden insights. With drill-throughs, users can get more information and details about a specific metric or dataset. 

    For example, if the marketing reporting dashboard shows different KPIs, but you want to focus on one of them, you can click on it and see another set of visualizations related to the clicked KPI. 

    By linking a chart to its "parent" chart, a "drill-down" lets you see a KPI in more detail. So, when a user clicks on a data point in the dashboard charts, the layout will change to the detailed version of the chart or graph. 

    So, if you're looking at sales data for different regions and want to see how a specific product is doing in a particular place, you can click on the name of the place in the chart to get to the details. 

    • Data Filters 

    Data filters make graphs, charts, maps, tables, and business data visualization more interactive. With this feature, end users don't have to create different dashboards to see different connections between data segments. This has to be one of BI dashboards' most essential features. 

    For example, if you want to share sales data from different regions over time, you can add all the graphs and business metrics you need to get a complete picture. Then, if you want a full view of a particular region or date, you can add a filter to your marketing reporting dashboard to change the information to fit your needs.

    In short, you can customize geographic settings, dates, and time ranges while comparing regional sales and other parameters to obtain a focused view of critical information using data filters. 

    • Tooltips and text boxes 

    Text boxes and tooltips on the Business Intelligence platform explain data and provide additional information or context about analytical results. 

    Large boxes of text should be off the business analytics dashboard, but dynamic text boxes can help you draw attention to metrics that might be missed otherwise. When using BI dashboards with a lot of information, adding small boxes to improve a specific metric will help users see everything at a glance. 

    For example, you can use a dynamic text box to draw attention to a daily goal like "days without accidents" at a plant or the current cash flow.

     

     

    Bottom line 

    As the amount of data gets bigger, businesses will need BI tools more than ever to analyze data. 

    Grow is a great Business Intelligence platform for any growing business because it lets you change columns, colors, maps, and bar charts, add filters, drill-downs, and drill-throughs, and automate alerts.

     

    Read Grow Features & Capabilities GetApp and experience powerful filtering, slicing, and drilling tools that make it easy to ask the next question about your data, metrics, and dashboards.