26 Ways Ad Hoc Reporting Creates Value in 7 Industries

By | Ad Hoc Reporting | No Comments
Ad hoc reporting is the creation of dynamic, real-time reports by users on an as-needed basis. Since empowering end users with ad hoc reporting functionality enables them to answer business questions at the moment they occur, users move from static reporting to dynamic queries, asking and answering questions about their data.

Users of ad hoc reporting software also benefit from the ability to make on-the-fly changes to report elements – adding or changing fields, sorting or summarizing fields, or pivoting on data, for example – highlighting one of the many ways in which this dynamic functionality generates value across a multitude of industries. Read More

Reports Can Enhance Your Product

4 Ways Reports Can Enhance Your Product

By | Ad Hoc Reporting | No Comments
The need for data analytics to support business decisions continues to grow. Reporting empowers your users when it comes to these business decisions. They give users the ability to find answers to their business questions quickly through the analytics.

Because of this, reports have a lot of value within an application. From scheduled operational reports to ad hoc reports for visual data discovery, you can use a report feature in many ways within your product. Read More

Are You Optimizing Your Database for Reporting?

By | Ad Hoc Reporting
Hands on keyboardWith a growing emphasis on business intelligence and facilitating data driven decision-making, reporting has become a more vital daily function than ever. Organizational leaders are being encouraged to peer into the data their applications capture in order to obtain actionable insights and an accurate depiction of how their operations are going. Read More

So, Why Did They Take So Long?

By | Ad Hoc Reporting

If your CEO is like ours, he (or she) is always looking for additional revenue streams for the company and ways to free up IT resources.

We learned that fact after integrating Izenda into thousands of applications, and asking CEOs what their motivation was for integrating a third party Ad Hoc reporting solution. Here are their top three answers:

  1. Increased revenue from existing customers.
  2. Made their product more competitive against the competition.
  3. Satisfied their customer’s (or internal user community) requirement for better ad-hoc reporting.

As you might imagine, once these CEOs started seeing the benefits mentioned above, they always told us they were sorry they took so long to get going. So, why did they take so long? (See if any of this sounds like your shop.)

  1. CEOs and VPs of Product Development always try to determine where they’re going to get their biggest payback. In addition, they have to juggle the human resources and money available against the demands of their user base and customers. They mistakenly believed that putting out the fires of the day, would lead to customer satisfaction down the road.  It’s the “Maybe now they’ll be happy” syndrome.
  2. Analysis – Paralysis.  Analyzing the pros and cons to death and failing to commit to any strategy. Probably enough said here.
  3. The “not invented here” culture. Most companies we deal with are Independent Software Vendors (ISVs). Many of these companies believe they have to write all the software their company uses. “Hey, we have great coders here. I’m sure we can do it ourselves.”

Unfortunately, they fail to take into consideration three very important points:

  1. There is great amount of value to a company for sticking to its core competencies. Doing what you do best. Focusing on your core application suite and bringing in third party components to enhance that application.
  2. Opportunity lost revenue. Simply stated; How many deals are we losing, or how much more upset are our users getting, while we work internally on the add-on?
  3. The internal cost to develop and support the add-on product. You should be able to add up the cost of your development team’s salaries, benefits, etc., and make a sound financial decision on “buy vs. build.”

While this article may sound like a self-serving way to get you to try out Izenda, we believe this scenario is true for any third party add-on going into your application suite. We would really like to hear from you on your experience, and guidance to other users, on using third party add-on applications.

On Crystal Balls and Hieroglyphics – Five Reasons Why Developers Struggle With Reporting

By | Ad Hoc Reporting
Since software developers and database administrators are responsible for creating and maintaining databases, most organizations rely on them to also provide business reports to the user community. This happens because they are the only ones with SQL knowledge as well as the only ones that have access to the raw data directly. While giving the people with the keys to the locks the responsibility of fetching the information might make sense initially, it can quickly become an organization’s Achilles heel. Here are some reasons why.

1. They Do Not Teach Reporting in Computer Science Curricula

In fact, most universities spend very little time covering the topic of databases.  Many address the subject on a very theoretical level in terms of how you would create a database engine from scratch.  Today, relational databases are amazingly effective at storing enormous amounts of data.  There is rarely a reason to consider any other storage approach.  Unfortunately, only a very rudimentary explanation is given.  Since databases often outlive applications (ie, you’ll throw away the app every 5-10 years, but the database must live on), professions working with production databases do not have the luxury of starting from scratch or re-factoring the data structure.  And while the topic of production relational databases is only briefly covered, reporting fundamentals are almost completely absent from most computer science curricula.
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