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TOPIC 2 : Top Challenges faced when using data analytics and business tools
By: Renuga Devi R
16 Feb

Title : If you’re using Power BI and Data Analytics Tools for your business 一 Don’t overlook these 7 Challenges (With Solutions)

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Key Challenges to Consider When Using Power BI and Data Analytics Tools for Your Business

Reading Time: 7 minutes

Let’s Admit we’ve all been there. You started using business intelligence and data analytics tools, but you counter challenges after challenges.

You start to panic about how we’re gonna fight with these challenges.

OR

You're a complete newbie to Business Intelligence and Data Analytics Tools and not aware of the challenges you’re gonna face in the future.

While issues like this are frightening, they’re so common and more troubling now because we rely on tools and automation for everything in business.

Don’t Panic. In edition 2 of this newsletter, we’ve brought to you “7 Challenges You’re Gonna Face When Using BI and Data Analytics Tools(along with the solution)”.

Firstly we’ll introduce you to challenges you’re gonna face when using these tools and secondly, we’ll uncover solutions to these challenges.

Gain some skills in both fields in this short course.

Otherwise, use this clickable table to jump to the content of your choice :

  • Data Sources Integration
  • Performance Optimisation
  • Poor Data Quality
  • Data Processing
  • User Feedback
  • Data Security
  • Scalability
  • Bonus (Check Inside)

Data Sources Integration

  • Bringing data together from different places is like fitting puzzle pieces 一 it sounds simple, but it's often a head-scratcher.
  • Imagine trying to complete a puzzle when some pieces are missing; that's how integrating data from various sources can feel.
  • When your data sources don't connect rightly, it's like having a puzzle with gaps.
  • These incomplete connections make it hard to see the whole picture and understand what's going on.

Simple Solution?

Create a plan that brings all your data sources under one umbrella. Think of it like using a special tool to make your puzzle pieces fit perfectly. Use advanced tools that help blend your data effortlessly. Make sure all your data sources can talk to each other, just like puzzle pieces fitting snugly together.

Beneficial Tools :

  • Microsoft Power BI
  • Apache NiFi
  • Talend

Performance Optimisation

  • When businesses gather heaps of data, the speed at which BI and Data Analytics tools work can become a headache.
  • Slow responses and sluggish analytics are like roadblocks obstructing quick decision-making.

-Imagine you're at a race, and your competitors sprint ahead while you're stuck in slow motion.

  • That's how it feels when your BI and Data Analytics tools aren't performing at their best – delays that could mean missing out on crucial opportunities and slowing your response to market changes.

Quick Fix?

Boost your BI and Data Analytics tools by investing in better hardware and smart software setups. It's like upgrading your car's engine and tuning it for top performance. Regularly fine-tune your queries and indexing to speed up data retrieval. Embrace technologies like parallel processing and distributed computing to ensure your BI tools operate at their fastest.

Beneficial Tools :

  • Snowflake
  • Apache Spark
  • Microsoft SQL Server Profiler

Poor Data Quality

  • In the world of BI and Data Analytics, poor data quality is like walking through a minefield.
  • Inaccurate, inconsistent, or incomplete data can lead to analyses that steer you in the wrong direction and decision-making that misses the mark.
  • Think of poor data quality as building a house on shaky ground.
  • It might seem okay at first, but over time, cracks appear, and the structure weakens
  • Similarly, relying on data of subpar quality puts the integrity of your insights at risk, potentially causing long-term damage.

Quality Assurance Blueprint?

Visualize data cleansing and validation protocols as your quality assurance blueprint. It's like regularly checking the foundation of your house to ensure it stays sturdy. Implementing automation tools is akin to having a vigilant watchdog ensuring your data remains consistent and reliable.

Beneficial Tools :

  • Informatica Data Quality
  • Trifacta
  • OpenRefine

Data Processing

  • In the world of BI and Data Analytics, processing data efficiently is like maintaining a smooth-flowing traffic system for information.
  • However, handling large amounts of data in real-time presents a common challenge – ensuring analyses are not just accurate but also timely.
  • Think of data processing delays as a traffic jam on the information highway.
  • Slow processing becomes a bottleneck, slowing down the flow of crucial insights.
  • In a business environment that moves at lightning speed, delays in data processing can mean missed opportunities.

Smart Roadmap for Speed?

Imagine investing in high-tech tools that make your information highway a superhighway. Cutting-edge data processing technologies are like futuristic traffic management systems, enabling real-time analysis. Implementing parallel processing and distributed computing is like having multiple lanes to handle data seamlessly. Regularly optimizing your data processing pipelines is akin to having traffic engineers fine-tune the roads for maximum efficiency.

Beneficial Tools :

  • Spark Streaming
  • Apache Flink
  • Apache Kafka

User Feedback

  • In the world of BI and Data Analytics, user feedback is like the secret sauce that many overlook, yet it's key to making analytical tools truly effective and user-friendly.
  • Think of designing BI tools without user input as baking a cake without tasting it – you might get the ingredients right, but the end result might not be what anyone wants.
  • Ignoring user feedback means creating tools that might look good on paper but fall short of meeting the practical needs of those who use them.

Simple Improvement Formula?

Picture user feedback as a continuous conversation, a loop of insights that helps you understand what your users truly need. Prioritizing user experience in design is like tailoring a product to fit perfectly. Regular updates based on user feedback are like adding new and improved features to keep your tool relevant and valuable.

Beneficial Tools :

  • Usability Hub
  • UserVoice
  • Zendesk

Data Security

  • Keeping your data safe is like guarding a digital fortress, especially with the ever-evolving cyber threats.
  • It's not just about securing information; it's about building strong defenses against potential breaches.
  • Imagine your business's sensitive data as treasures in a castle.
  • Unauthorized access is like a breach in the castle walls – it can lead to reputational damage, legal troubles, and a loss of trust.
  • In today's digital age, protecting your data isn't just important; it's an absolute necessity.

Security Shield Strategies?

Think of encryption as a powerful shield protecting your treasures. Regular team training is like having well-trained guards patrolling your digital walls. Enforcing multi-factor authentication adds an extra layer of defense. Stay updated on the latest security measures – it's like reinforcing your castle with the latest technology.

Beneficial Tools :

  • Google Authenticator
  • VeraCrypt
  • KnowBe4

Scalability

  • As your business grows, making sure your BI tools can keep up becomes super important.
  • The challenge here is to make sure your analytics setup can smoothly expand alongside your growing pile of data.
  • Think of it like a tree that needs room to grow.
  • If your business outgrows its tools, it's like planting a tree in a tiny pot – it won't flourish.
  • Scalability isn't just a cool feature; it's like having a game plan for your business's growth.

Simple Growth Strategy?

When setting up your BI tools, think about the future. Use cloud solutions that can grow or shrink with your needs, just like magic expanding soil. Keep an eye on your setup, and make upgrades when needed – it's like giving your growing business the bigger pot it deserves.

Beneficial Tools :

  • Microsoft Azure Synapse Analytics
  • Amazon Redshift
  • Google BigQuery

TLDR;

In this edition, we tried to wrap up detailed information on challenges and solutions you might face when using business intelligence and data analytics tools.

We’ve learned:

  • Secure your data: encrypt like a shield, train your team, use multi-factor authentication, and stay updated on security, upgrading like your digital castle.
  • Business Intelligence helps your business grow by figuring out what others are doing, making smart plans, and finding ways to make more money with simple data tricks.
  • Keep data quality solid and clean and check data regularly. Use automation as a watchdog to keep your data reliable.

Bonus tools for solutions.

So there you have it: Challenges of Using Business Intelligence and Data Analytics Tools. Has it helped you decide on a field that interests you? If you’re ready to learn more, dive deeper into business intelligence and data analytics with Garranto Academy. Register for our three-day data analytics short course, or watch our masterclass.

THREE WAYS WE CAN HELP YOU

1. Get a complete understanding of data analytics and business intelligence tools and carry out your first analysis with our subsidized course here.

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3. This month, we want to help you finish the year strong and certified! Enjoy up to 70% subsidy on all of our career-change programs. If you are registering with your team, we will extend an exclusive discount for you! Book application call and secure your spot today! ✉️ admin@garranto.com or 📱 WhatsApp at +6588471852

Explore more in our new article here -

Using Power BI and Other Data Analytics Tools for Your Business