What this blog covers:
- Why do business leaders need executive dashboards for advanced analytics and reporting?
- How Kyvos boosts dashboard performance at unprecedented speed and scale
- Impact of Kyvos’ AI abilities on enterprise analytics and executive dashboarding
Jack Welch, one of the most legendary CEOs, once said, “An organization’s ability to learn and translate that learning into action is the ultimate competitive advantage.”
Where would this learning come from, though? The answer lies in data gathered by a company and the ability to analyze every bit of this information to its full extent. The growing volumes of digital data in an enterprise hold answers to mission-critical questions that executives face in the boardrooms almost every day. When leveraged the right way, this data is enough to fuel innovation, ensure a competitive edge and promote a profitable business model.
However, making sense of this data to the point where it can deliver actionable intelligence takes serious thought. At the same time, organizations can’t rely on intuition to compete and excel in the current VUCA world. Decision-makers need rationale behind every step they take, and data becomes their holy grail in the course. That’s what Kyvos brings to the table with advanced analytics and reporting capabilities.
What Does Executive Dashboarding Mean for Data-Driven Businesses?
Executive dashboards are much more than the visual representation of data insights using charts, tables and detailed reports. Imagine a new-age Tesla dashboard that displays all about the car’s performance—speed, temperature, gas levels and overall health checks—with intuitive visuals. An executive dashboard goes beyond this. It pulls its weight with an ability to drill down to the lowest granularity, dissecting every data point to deliver intelligent KPIs for the C-suite.
With Kyvos, dashboards are boosted by advanced AI capabilities to offer augmented analytics and a comprehensive picture of business performance for decision-makers – with tailored and contextualized summaries in natural language. They can weave all the enterprise data together, whether it originates from diverse sources or resides in silos.
While CEOs reimagine their business models, visually enriched dashboards can be the digital canvas they need for success.
Advantages That Kyvos Promises for Executive Dashboarding
Leadership dashboards enriched with prominent metrics, real-time insights and digestible visualization help keep daily tabs on operations. Users get a comprehensive view of what’s happening, where and how to change the status quo, meeting organizational growth plans and achieve several other advantages, like:
A Unified Representation of the Single Truth
Kyvos offers enterprise-ready visualization capabilities that can handle massive data workloads at any scale. At the same time, the platform creates unified data models for different reporting methods, enabling a single source of truth throughout the enterprise. Our universal semantic layer works behind the scenes, tying ad hoc analytics and comprehensive dashboards together with standardized and trusted definitions of commonly used business terms, measures and dimensions.
For one of our clients, a leading healthcare insights company, we helped streamline their query response times for hundreds of concurrent users to deliver unified, 360° views through a set of interactive dashboards. We armed their top brass with advanced analytics and efficiencies to increase their share in the oversaturated market.
Easy Insights Access for Self-Serve Analytics
Information presented in simplified, digestible and standardized formats becomes a common watering hole for every data worker in the organization. Kyvos empowers users to extract multidimensional insights quite simply by drilling down to the lowest granularity—all without any help from the IT folks.
Connecting disparate data sources yet presenting all the information in a unified manner ensures faster insights and uninterrupted data access with security protocols applied at all levels. That’s our recipe for building a truly data-driven culture, well-aligned with specific business goals at every step.
Kyvos’ AI capabilities go a step further, enabling automated data exploration using a common business language. Not only this, but organizations can also improve analytics adoption by enabling self-serve dashboarding, where users can instantly access all the data they need with intuitive, interactive visualizations.
Faster Insights for a Competitive Advantage
When every board meeting feels like the Spanish Inquisition, being on top of data and insights is the most radical way to stay calm. Data-resilient companies make this process simpler by deploying Kyvos for faster insight generation—at the speed of thought.
Even when waters get choppier, real-time analytics can help find outliers holding the organization back and identify opportunities to take the lead. In that vein, there are no cognitive biases in data-based insights, and this leads to quicker decision-making. Accelerated analytics with insightful narratives can simplify decisions like:
- What’s the ideal channel to launch the new product in a hyper-competitive market?
- When should we kickstart sales campaigns for product ‘X’?
- How many new agents do we need for our BPO operations in location ‘Y’?
Having all this information in one single place can save up to 60% of the time spent by knowledge workers on juggling multiple tools and spreadsheets, according to a study by Asana. As a result, strategic focus takes center stage, and CEOs have the weapons they need to ace their competitors with the best-laid plans.
Rich Context Leads to Revenue Growth
With data backing every insight displayed on the dashboard, executives get end-to-end visibility into their business operations. Success metrics with intuitive properties and a drag-and-drop interface present a clearer data story.
Presenting a consolidated, bespoke view makes functions and processes more accountable. Users can delve deep into a project’s past performance, present status and future potential without switching to multiple dashboards.
Tracking KPIs like current revenue, cash flow, working capital, gross profit margin, net profit margin and EBITDA can help make confident strategies without any information deficit.
Looking Ahead
With Kyvos, executive dashboards become faster and more scalable, enabling deeper insights and higher cost-efficiency. Our built-in AI, data science and machine learning capabilities ensure instant analytics at scale without exploding querying costs on the cloud.
For more information about how we empower decision-makers with our high-speed data analytics platform, contact our experts.