Based on our experience, we would like to share the following best practices in this area:
- Analytics is a journey and not a destination. You have to keep on optimizing and evolving the existing methods of seeking, consuming, and acting upon data.
- It's going to be rare to find just one solution to all your information needs. Therefore, you must choose from the best-of-breed choices.
- Leverage financial reporting or management reporting for all kinds of financial insights for an enterprise.
- Leverage Excel for all one-time and quick end user-based reporting.
- Leverage Power BI for all interactive visualizations and dashboards.
- Leverage SSRS for printing all your documents and for day-to-day operational needs.
- Leverage Azure Machine Learning for all information actions and predictions using algorithms.
The world of analytics...
