Importance of BI tools for Pharmaceutical Industry

The pharmaceutical industry has been focusing much of its energy on producing the next chartbusting drugs.

However, the industry is also facing challenges in terms of the changing regulations, increasing number of declines on drug approvals and the continuing need to develop high value biologics. Refocusing efforts is imperative.

There are existing processes, systems and practices that need to be immediately addressed. Key performance indicators (KPI) using BI tools help corporations identify areas that need continuous development and highlight successes already achieved. This helps pharmaceutical companies grasp their management operations better.

What is KPI?

Simply put, KPI is a measurement of something that is vital in a business’s operations. In the pharmaceutical industry, measurements on drug cost overall trend for a certain drug are examples of KPIs.

What KPIs to Include

Before using dashboard software to view KPIs, it is important that useful KPIs be identified first. Some KPIs are not useful to a certain organization, depending on the operations and the needs of that organization. It is therefore important to have long discussions first before operating a KPI dashboard. Discussions should tackle on:

  • Assessing the organization’s strategies.
  • Determining the business drives that have an impact on the execution of strategies.
  • Identification of long-term and short-term goals.

Determining useful KPIs is one the most important tasks of managers. KPIs based on the organization’s objectives are essential components of an effective and helpful dashboard. What you will see on the dashboard will largely depend on how you specify your KPIs.

Read more at http://www.infocaptor.com/dashboard/dashboard-bi-tools-for-pharmaceutical-industry

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Benefits of Dashboards and Analytics for Hospitality Industry

Briefly, dashboard software offer a method of collecting and organizing data. Using simple access points and display functions, this software can provide their users with snapshots of measurable metrics that they can then use to make better decisions, in this case, on running their establishments.

Enabling informed decision-making is one of the primary benefits and use of dashboard for hospitality.

The hospitality industry is rapidly growing. And with competition at every corner, it is important for hotels to properly manage their operations. Also, to have access to reliable metrics that will help them develop business strategies that can be capitalized on.

This is one of the reasons why business dashboards are essential. For one, a dashboard can help hotel managers facilitate the different departments under their supervision.

One of the highly-valued benefits and use of dashboard for hospitality is obtaining valuable analytic data that clearly presents how each sector operates, their efficiency, and of course, how every action translates to costs and savings for the establishment.

Basically, a dashboard provides you with a picture of how well your hotel is running. It offers easy-to-understand charts, graphs, and measures at a glance. Simple and effective, there is no need to exhaust valuable time and energy reading and interpreting data as the system does these for you.

Read more at http://www.infocaptor.com/dashboard/how-can-hospitality-industry-benefit-from-dashboards-and-analytics

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Benefits of Dashboards for Healthcare

Data backing is extremely important; measurable, accurate metrics more so. In industries, such as healthcare, metrics allow for better strategy formulation and implementation.

Although it is not as easy to convert users of so-called tried and tested management methods, there is a chance of effecting change when increasing costs and decreasing revenues enter the picture.

These days, data is not as difficult to obtain. And when you are running a healthcare business, this is not something you can just turn your back on.

Health costs are always on the rise, leading to the entry of service providers offering to provide healthcare services at a fraction of the price. This then, makes the competition for consumers fiercer every day.

Thus, it is essential to have measurable data for everything from patient spending, operational costs, profits and losses, and the like. These are what KPI performance dashboards for healthcare aim to provide.

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5 top factors for amazing dashboard building

Categories: Dashboard

When it comes to putting together an amazing marketing dashboard, your success depends on a number of key factors. You want to choose the right metrics to watch, and you want a dashboard that's well designed to deliver the information you need, in the best format.

Your dashboard should contain all the key information you use to continue making informed decisions about your marketing campaign. And it should be easy to interpret at a glance.

Here are some of the key factors to consider as you construct a truly amazing dashboard experience.

Read more at http://www.infocaptor.com/dashboard/the-top-5-factors-for-building-amazing-dashboards

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Differences between charting engine, analytics software and dashboard software

Every often we would get users asking us 'How different is your dashboard software from XYZ Business Analytics?'

The XYZ spans across the entire Business Intelligence umbrella and often into the Website development and applicaton side as well.

Some of the questions are like

'How different is infocaptor dashboards from Tableau?"

'How is it infocaptor unique from Qlikview'

'How is it different from Oracle BI or SAP BI', the list goes on. But these are the questions we are prepared for and have very good value propositions. We do have a general understanding for most of the top business intelligence tools so we are perfectly comfortable with such questions.

The tougher questions are when the users want to understand how different are we from different charting software like d3js, Highcharts etc.

To understand the difference let us understand the basics...

Read more at http://www.infocaptor.com/dashboard/charting-engines-vs-analytics-software-vs-dashboard-software

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How many startups did Google purchase and what did it do with them?

Ever wondered, how may startups or companies did Google acquire so far and how much did it pay for them?

But the main question is, what happened to the acquired companies? Was it all waste of money?

With the recent re-structuring, Google became a subsidiary of Alphabet Inc., which now owns most of the parts.

Using infocaptor kpi dashboard software, we analyze the list of companies, products and services that Google has acquired since 2001.

Google has acquired around 184 companies as of October 2015. Google has spent atleast 28 billion USD on acquisitions.

Read the complete list of top google acquisitions in an interactive dashboard

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Cloudera certifies InfoCaptor for Big Data analytics on Hadoop

Cloudera welcomes InfoCaptor as a certified partner for data analytics and visualization. InfoCaptor delivers self-service BI and analytics to data analysts and business users in enterprise organizations, enabling more users to mine and search for data that uncovers valuable business insights and maximizes value from an enterprise data hub


Rudrasoft, the software company that specializes in data analytics dashboard solutions, announced today that it has released an updated version of its popular InfoCaptor software, which includes integration with Cloudera Enterprise. The integration takes advantage of Impala and Apache Hive for analytics.


"Our clients are increasingly looking to adopt Hadoop for their data storage and analytics requirements and their common concern is the lack of an economical web-based platform that works with their traditional data warehouses, RDBMS and with Cloudera Enterprise,"

Cloudera-certified InfoCaptor, adds native Impala functionality within Visualizer so users can leverage Date/time functions for date hierarchy visualizations, time series plots and leverage all the advanced hierarchical visualization natively on Cloudera Enterprise.


"Impala is the fastest SQL engine on Hadoop and InfoCaptor can render millions of data points into beautiful visualizations in just a blink of an eye," said Nilesh Jethwa [founder]. "This is a great promise for the big data world and affordable analytics with sub-second response time, finally CEOs and CIOs across industries can truly dream of cultivating a data driven culture and make it a reality."


"Cloudera welcomes InfoCaptor as a certified partner for data analytics and visualization. InfoCaptor delivers self-service BI and analytics to data analysts and business users in enterprise organizations, enabling more users to mine and search for data that uncovers valuable business insights and maximizes value from an enterprise data hub," said Tim Stevens, vice president of Business and Corporate Development at Cloudera.


InfoCaptor is an Enterprise Business Analytics and Dashboard software meant for:

  • Data Discovery
  • Visualizations
  • Adhoc Reports
  • Dashboards


InfoCaptor brings the power of d3js.org visualizations and the simplicity of Microsoft Excel and puts it in the hands of a non-technical user. This same user can build Circle Pack, Chord, Cluster and Treemap/Sunburst visualizations on top of Cloudera Enterprise using simple drag and drop operations.
InfoCaptor can connect with data from virtually any source in the world, including SQL database from Microsoft Excel, Microsoft Access, Oracle, SQL Server, MySQL, Sqlite, PostgreSQL, IBM DB2 and now Impala and Hive. It supports both JDBC and ODBC protocols.


InfoCaptor also serves as a powerful visualization software and it includes over 30 vector-based map Visualizations, close to 40 types of chart visualizations, over 100 flowchart icons and other HTML widgets. InfoCaptor also provides a free style dashboard editor that allows quick dashboard mockups and prototyping. With this ability users can place widgets directly anywhere on the page and use flowchart style icons and connectors for annotation and storytelling.


Users can download the application and install it within their firewall.
Alternatively, a cloud offering is also available at https://my.infocaptor.com or Download dashboard software

 

InfoCaptor is a very modestly priced Analytics and Visualization software
" Personal Dashboard License can be purchased for $149/year
" Server license starts at $599/year
" Cloud based subscription starts at $29/user/month


Visit http://www.infocaptor.com or email bigdata(at)infocaptor(dot)com for Demo and Price list

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