- Why am I not getting the appreciation I deserve at work?
- Why does my boss stare at me from the corner of his eye while passing by my cubicle?
- Why am I not trusted with too much responsibility when it comes to ideas, research and development, and new projects?
These are some of the questions that may be going through your mind lately, making you wonder what you can do to ensure your career growth. Sitting around on the couch after work will not do you any good, but a little bit of training might. The answer to your problems lies in MicroStrategy training.
While there may be numerous off-the-shelf and tailored business intelligence software options, MicroStrategy can take you where you need to be.
What is MicroStrategy?
MicroStrategy is a business intelligence company that provides applications that offer interactive dashboards for simple and quick control on data outline, alerts, automated reports, etc. Since its entry into the world of business intelligence, MicroStrategy has grown to support mobile and web interfaces, as well as desktops.
The business era today is clearly built on extensive research and analysis. This means that every move we make, be it shopping for baby food at Walmart or buying Beats headphones at Best Buy, everything is being tracked and mapped for business intelligence. Would it not be helpful if you could provide this useful insight into a business, boost their sales, and end up at a job position that you had only dreamed about previously?
The need for data discovery, data management, storage, and reporting (using visualizations) has created a demand for smart software applications that can provide meaningful data to the management. Ultimately, this data can be used for making important strategic decisions that will drive the business towards profitability. Here are some things MicroStrategy can offer to a business:
- Dossiers and Dashboards
- Enterprise Reporting
- Flawless and Seamless Visualizations
- Automated Enterprise-Wide Delivery of Work
- Advanced Analytics
- Embedded Business Intelligence
- Real-time Telemetry
- Digital Credentials
By offering assistance to various sectors, including the government, energy and utilities, healthcare, hospitality, media, technology, food and beverage, and other industries, MicroStrategy has developed a reputation that cannot go unnoticed. Once you opt for MicroStrategy Training, you can cater to not just one, but several industries, giving you the opportunity to excel in your core area, and show off your skills using the latest, sophisticated software.
Data Analytics – Why is it Useful?
Most people understand the concept of data intelligence but are found confused when the words ‘data analytics’ are uttered. Well, you do not need to worry because both the phrases make the same point – we live in a data-driven world today, and business intelligence is required to get that extra edge over competitors. Data analytics is actually the process that is
used for examining large data sets to draw conclusions from them with certainty. This is done using business intelligence software.
The Ups and Downs of Using MicroStrategy
Every decision should be based on a careful analysis of the pros and cons involved. Before you suggest using MicroStrategy for business efficiency to your boss, you need to be aware of its pros and cons, some of which are listed below.
- Mobile functionality
- User-friendly interface
- Proficient management of data
- A legacy BI vendor with up-to-date technology
- Detailed user guides, and the breadth and depth of OLAP functions is hard to overlook
- Growing library of beautiful and meaningful visualizations
- Fast leveraging of data for targeted campaigns
- Ability to tell stories with visual reporting tools by converting performance reports to visuals.
- MicroStrategy version 10.10 is the leading enterprise analytics solution.
- Lack of similar visualizations – A user base comfortable with Microsoft Excel will not find replication with MicroStrategy
- Reduced willingness to adapt due to lack of Microsoft Excel functions
- Steep learning curve poses performance challenges
- Web and mobile reporting not aligned
- Time delays at different data levels
- Changing attributes and metrics heavily dependent on MicroStrategy developers.
While there may be many more pros and cons of the software, its feasibility actually depends on the type of business, the amount of data, the complexity of business processes, and the number of users of different skill sets accessing the databank. However, MicroStrategy software has proved its capabilities and functionalities in even the most complex environments; with adequate training, you may become the most in-demand executive at the office.
New Developments in MicroStrategy
With a difficult history and losses reported in 2016, the company witnessed a blur of vision, concentrating on a number of things at once. Underestimating rivals and, therefore, marketing in a very discreet manner has also contributed to a shaky position in the market in recent years. However, with a renewed focus and the general release of MicroStrategy 10.10 in January of 2018, the company has challenged its competitors with everything it has.
The new version offers high-scale operations, focusing on enterprise-wide deep data discovery, operationalized dossiers, and business agility. Moreover, with its exciting new and improved products, MicroStrategy Workstation and MicroStrategy Desktop, the company has empowered work teams to promote, authorize, and certify content related to analytics, along with increased data governance. Moreover, MicroStrategy has also launched connectors for Microsoft BI, Tableau, and Qlik Technologies to improve integration and allow users to enjoy a wider choice of data analytics options.
MicroStrategy training is your gateway to a brave new world where you are valued for the knowledge and experience you bring to the table, as well as the ability to integrate that with current technology.
For more information, get in touch with us.
Exist Management LLC (ExistBI)
Exist Business Intelligence Limited (ExistBI)
London, WC1H 9BB
Phone: +44 (0) 207 554 8568