Embedded Analytics: The Future of Data
What is Embedded Analytics?
Embedded Analytics is the integration of analytical capabilities within business applications and workflows. It goes beyond the traditional approach of ‘disconnected’ analytics/Business Intelligence (BI) by making data-driven insights accessible directly within users' natural workflows.
From dashboards and reports to more advanced predictive analytics, embedded analytics ensures you do not have to switch between platforms or disrupt your workflow to gain meaningful insights from your data.
Integrating Embedded Analytics: Seamless Incorporation in Business Tools
Embedded analytics does not require overhauling existing systems. Instead, it fits seamlessly with your current applications.
This seamless integration minimizes disruptions, allowing users to continue to work within familiar interfaces while benefiting from enhanced analytical capabilities. With embedded analytics, your Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), or marketing automation tools can provide real-time, actionable insights without the need for separate analytics software.
The key is to pick a solution that does not take weeks/months to implement and then requires umpteen hours to continue to enhance with each chart/graph.
Tangible Benefits of Embedded Analytics: Boosting Business Performance
Immediate, Actionable Insights: Embedded analytics provides real-time insights directly within the applications employees use daily, allowing for swift and effective action based on data.
Fosters a Data-Driven Culture: The accessibility and ease of use of embedded analytics encourage employees to leverage data in their daily workflows, promoting a data-driven organizational culture.
Enables Informed Decision-Making: With analytics at their fingertips, employees can make data-informed decisions promptly, enhancing the effectiveness and strategic value of their actions.
Improves Efficiency: By eliminating the need to switch between different platforms for analytics, embedded analytics streamlines workflows and boosts productivity.
Increases User Adoption Rates: By integrating analytics into familiar interfaces and applications, the likelihood of user adoption is significantly increased.
Enhances Customer Service: Embedded analytics in customer-facing applications can provide insights into customer behavior, preferences, and issues, enabling businesses to deliver personalized, effective customer service.
Identifies Trends, Opportunities, and Challenges: Real-time analytics allows businesses to quickly spot and react to emerging trends and challenges, as well as to seize opportunities, enhancing agility and competitive edge.
Two dimensions for selection
So, you see the value in Embedded Analytics on your product/application, and are curious to explore, but are confused about which product to pick? Here are some simple rules of thumb to apply in your choice of embedded analytics solution:
- Highest cost of an analytic solution is in People. So, pick a solution that does not require you to hire an army of BI developers to put together the solution and then continue to enhance them
- Second highest cost of the solution is in software license. Now, at the first glance, the cost of license may not seem much, $10-$35/month/per user, but moment you add the 100s of users you have and not all of them active in the system, the cost/user of the software becomes very high. So, look for a solution where the cost/use is lowest.
The Quaeris Advantage
Consumption-Based Pricing
We believe in providing value and aligning our interests with those of our customers. That is why we have implemented a consumption-based pricing model. You only pay for what you use, which ensures that our service remains cost-effective, scalable, and adaptable to your business' changing needs.
With Quaeris' Consumption Based Pricing, serve 100s of users with a low monthly price.
If you use traditional BI tools like sisense, Tableu, Power BI, you are paying per using pricing, which does not promote adoption
Ease of Adoption
At Quaeris, we understand that adopting a new technology can be daunting for businesses. As a fact, we have designed our embedded analytics solutions to be user-friendly and easy to adopt. With a seamless integration process, your business can transition smoothly to a data-driven approach without disrupting existing workflows or requiring extensive training.
User Centricity
At the heart of Quaeris' philosophy is a focus on user experience. We believe in designing solutions that cater to the users' needs and ease their daily workflows. By focusing on user-centric design, we ensure that our embedded analytics tools are intuitive and beneficial to the end-users, fostering higher adoption rates and overall satisfaction.
Privacy and Security
Data privacy and security are paramount in today's digital landscape. At Quaeris, we ensure you do not have to move level 0 data. Our embedded analytics solutions are designed to operate within your existing data management infrastructure, mitigating the risks associated with data movement. This allows you to maintain control over your data while still benefiting from powerful, real-time analytics.