Wherever the world tilts, so must business and the world has now gone mobile. In this modern era, efforts you put in carrying out your business activities ought to be beyond conducting transactions through your mobile banking app or simply sending compelling emails to your customers. Being successful in this mobile era is far beyond just that, it has to do with incorporating mobile business intelligence strategy into your business line in order to ensure maximum growth.
Mobile app development company and app developers have adopted the strategy of developing great mobile BI apps. This is important to both your workforce and your clients.
What is Mobile BI?
Mobile business intelligence (BI) is a strategy used in giving your employees access to data analysis tools, data and business intelligence through their mobile devices. However, this does not only implies static data push, getting a number of sales or informative alerts automatically sent to your device. What this implies is a robust mobile BI technique which will grant your workforce Access to manage, sort and visualize vital company data and information in real time. This gives an overall cutting edge competitive advantage. Let's see how:
Strong Analytics
Business intelligence has numerous advantages and opportunities. Interpreting, analyzing data and transforming them into well-structured information is a process that is very complicated. It can involve so many tedious processes such as process mining, prescriptive analysis, business process modeling, statistical analysis, risk analysis, data mining and so much more. In the world of business, BI mobile app development is becoming very common. Nowadays, business intelligence software solutions are continually being implemented by many establishments which create projections that are necessary for further developments in the company. It points out possible problems, risks and more so that the most expectable and detailed predictions could be made by the business specialist.
Better Interactivity
As said earlier, mobile business intelligence entails more than just having access to data from anywhere but it also has to do with visualization and manipulation from anywhere. It's about granting your employees the freedom to work from anywhere, whether they are being hit by time constraints or not. For instance, if at the middle of the night, a new idea about the marketing strategy of your company pops up in your head, you can simply utilize your
mobile BI application like “Board” and get important data then make use of the same application to arrange the data in various graphs, charts, visualization formats etc. Until you conclude whether the theory is feasible or not. Is there any relationship between the amounts of time users keep your installed app and the length of time they use it? Do your business ads best perform at a particular time of the day? This type of vital questions can pop at any time. You can swiftly gain access to up-to-date data with the proper mobile BI solution, pick the ones that are important to you and organize them into the visualization that can assist you to find the most efficient answer which would, in turn, soar your business higher.
Budget Efficiency
Hiring any top app development companies to build a BI app for your company might seem expensive. But there are three possible choices for BI solutions depending on your budget and your specific needs. The first and the cheapest being browser BI app; this is a web page, not an app. The web page will display data analytics features which can be accessed and manipulated by employees through their mobile phones. The second BI solution is a device-customized mobile browser app which does not require creating a completely different app but might include iPhone-specific controls. The most effective and perhaps most expensive is the complete customized mobile client application that is specially built entirely for the purpose of business.
There is a third-party software called Collabmobile depending on your specific analytics requirements. This tool comes at a variety of prices and can effectively meet your needs to some extent.
Unique Sales Tool
The opportunity provided by Bi mobile app to your employees to manipulate analytics and real-time data not only increases their level of productivity. It can be a powerful sales tool that can be used to compel existing or prospective customers. For instance, your sales department can illustrate to potential customers how much your product can meet their needs through creating data visualization in real time. Top mobile app development companies can design such a BI mobile app that will display compelling and visual data that will be overall impressive which will in turn, boost your sales.
More Faster and Efficient Response to Changing Conditions
Mobile application development and BI web can solve a variety of problem and provide numerous benefits. One of its top advantages is a swift and efficient response to ever-changing conditions. Because of the analyzing and processing of huge amount of data (both internal and external) you can access a clear picture of the future of the enterprise. These include city and economic situations etc. Depending on how complex the solution is.
Decision-making Process and Improvement and Automation
BI application development can speed up and facilitate the decision-making process. This is due to the quick analysis of huge amount data. The app can equip users with information that is necessary when making certain operations. The data sources can display lots of information about the business report; Personal data, marketing and sales activities, manufacturing and supply chain data, customer databases, client purchase history, partners, products, prices and many more.
Quality BI application developed by top mobile app development companies can convert these vital assets of numerous fragments of data and information into a single framework that is coherent and gives the space for further detailed analysis. These facilitate a smooth process of decision making. This practical solution is not useful to business field only but to several other fields such as
banking and finance,
insurance,
healthcare etc.
In Conclusion
There are a lot of business intelligence software solutions including web and custom mobile app development. They can solve several operational challenges and problems providing your business with a cutting edge advantage over your competitors. All this fueled towards business growth and substantiality.