Data analytics is the real beginning of a business’ journey
No business can survive in the modern world without data analytics. How can you progress without insight into how your operations work and what opportunities for improvement exist?
Taking full control of your business means taking apart your daily workflow and data gathering processes to rebuild something more competitive, more efficient and better fit-for-purpose.
What are the benefits of data analytics?
Predictive analytics is beneficial for companies that have already used data analytics tools. Powered by artificial intelligence and machine learning algorithms customised to your business’ needs, this process uses your proprietary data to forecast future trends.
Data analytics tools can identify incomplete datasets. From there it’s usually not too difficult to find the source of fault with your data gathering workflow. Catching issues with unprocessed data saves time fixing problems at an operational level and cuts the costs of remedying issues that can arise from inaccurate data such as misplaced orders or incorrect stocktakes.
Planning sustainable growth
An analytics roadmap aligns your business priorities to how you manage and use your data. This plan for growth is a living document which can be tweaked as your journey progresses or as the market changes while remaining aligned to your overall enterprise goals.
Building better strategies
We assist your organisation to rapidly identify and report on your existing data environment. This provides clarity around your data quality, which in turn means that you can make better-informed decisions and strategies with your company’s best-practice in mind.
FAQ: What everyone wants to know about data analytics
1) Do I really need analytics tools?
Leading data analytics SaaS providers, including Cast Solutions, have continuously reiterated new versions of their tools because the marketplace dictates that they are a core investment. It’s simply not a cost that companies can avoid. Data analytics dashboards are an integral part of many modern business operations, so failing to find your own data solution is a recipe for disaster.
2) I don’t think my data is good enough to use…
Don’t worry! Part of Cast Solutions’ data analytics service is ‘cleaning’ this data, ready for use. Also known as data cleansing, scrubbing or repairing, our team will identify all incorrect, incomplete, or irrelevant datasets while implementing new data collection or processing workflows, reducing the likelihood of inaccuracies down the track.
Data cleaning is often done before adopting new analytics tools or data management systems. However, Cast Solutions can run these processes at the same time, using SaaS tools to pinpoint inaccurate data housed in multiple places and assess the causes behind these issues. This then informs our data analytics offering and how we improve your business.
3) My data is disorganised. Can I still use analytics tools?
Many organisations struggle with organising disparate datasets across multiple platforms. From staff information housed on your company platform to documents stored in Google Suite, it’s a challenge ensuring that all of this data is accounted for.
We bring all these different sources into our data analytics service, offering a digital dashboard that creates a single view over business operations.
4) Is it expensive to use data analytics?
Data analytics SaaS has become highly cost effective and nowadays companies can choose from a range of platforms with varying degrees of dashboard customisation, predictive analytics and integration ability with your other business systems.
Whatever your choice, it’s important to assess a data analytics provider’s full suite of costs. Many data analytics providers offer what seem like cost-effective service packages – but these often contain a hidden cost of SQL rescripting for each new report issued. This translates to significant ongoing technical support.
The Cast Solutions team initiates the data analytics service with a full project roadmap, laying out each step to growth with full transparency on all ongoing costs and technical support. We are partners to your future success, so want to ensure you are onboard from the outset.
5) I don’t want to learn to use another new digital system…
It can be tiresome trying to keep across multiple enterprise systems and tools. That’s why we offer customers the opportunity to design their own data dashboards. This gives you total control over how you gather and analyse data. You also have the option to fully automate your data analytics tools or maintain full governance over all information gathering and processing.
For time-poor customers, we also offer leading out-of-the-box SaaS tools such as Qlik, Tableau and Power BI. Cast Solutions can provide training and technical support for these platforms.
How Cast Solutions does data analysis
Our data analytics tools sit like a screen over the top of your varying sources of information. This helps different systems to relate to data stored in the other systems and pools all available datasets, using something as simple as an Excel spreadsheet or as complex as an API to connect to a cloud-based platform, into a single data lake. From there, we analyse this information and plan a new workflow from which you can transform data into actionable insights.
Companies can choose from bespoke platforms customised to their needs, with varying levels of automation allowing for personal data disparity governance or total digitisation. Clients can also opt for systems which use advanced artificial intelligence and machine learning algorithms to power predictive analytics, or simple-to-use plug-and-play data dashboards – all of which are customised to your needs and are designed for ease-of-use by anyone.
Business intelligence starts with knowing the hows and whys behind day-to-day operations. With analytics tools, you can utilise this vital information to build a company ready for today. Taking this a step further, advanced tools such as predictive analytics or machine learning can help you to forecast where you should head next. Back growth backed by data.
Cast Solutions is an Australian-based business advisory and data analytics solutions provider. We provide strategic advice and data-driven insights, solutions and the confidence to make meaningful business decisions. We have extensive experience across diverse sectors including engineering, technology and infrastructure. By using the latest in innovative technology, including AI and machine learning technology, we are able to enhance business performance and growth.