Advanced Analytics
Advanced Analytics and Big Data promise profound competitive advantages, yet only 4% of companies truly master the alchemy of people, tools, data and strategic focus needed. StrataHive’s Domain, Technical and Analytical Expertise help you build capabilities you need—not just to mine data, but to turn it into gold.
Our Advanced Analytics practice is supported by a highly skilled team who apply State-Of-The-Art techniques, tools and technology to ensure that you derive powerful insights from your data.
The team at StrataHive provide a comprehensive suite of Analytical Services specifically designed to empower organizations with the right information at the right time in order to optimize the decision-making process.
Our services focus on utilizing analytics to offer valuable insight into both the internal workings & external factors facing an organization. This includes solving existing business issues, enhancing current processes, locating potential opportunities & helping embed an analytical framework into your business
Data Discovery + Management
The velocity of data and decision making is accelerating. It’s never been more important to create a foundation of truth and relevancy to support better, faster decisions in a governed environment. Embracing data and master data management, elevating data quality, easily finding the most relevant information assets, and making decisions based on a shared understanding of how business works, has never been more essential.
• Data Quality Management
• Data Collaboration
KPI & Dashboard Design
If you can’t measure it, you can’t manage it” – Peter Drucker
A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs to evaluate their success at reaching targets.
Selecting the right one will depend on your industry and which part of the business you are looking to track. Each department will use different KPI types to measure success based on specific business goals and targets.
Once you’ve selected your key business metrics, you will want to track them in a real-time reporting tool. KPI management can be done using dashboard reporting, giving your entire organization insights into your current performance.
KPI’s and Dashboards enables businesses to turn data into analytics and insights. This allows organisations to enter their data into one specially designed system, or connect external services for faster and more accurate data collection. Well-designed Dashboards allow businesses to visualize and comprehend data from a number of KPIs that represent different areas of a business, all in one place. Companies benefit from faster and more accurate data collection, instant reports on performance, and alerts when a key performance indicator is over or under achieving. It centralizes businesses data, while simplifying real-time reporting to always give them a competitive edge.
To be useful, key performance indicators need to be monitored and reported on; if they change in real-time, they should be monitored in real-time. KPI Dashboards are the perfect tool for your performance tracking reports as they can be used to visually depict the performance of an enterprise, a specific department, or a key business operation.