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Development of an Internal Analytics Dashboard for Business Performance Optimization
  1. case
  2. Development of an Internal Analytics Dashboard for Business Performance Optimization

Development of an Internal Analytics Dashboard for Business Performance Optimization

velvetech.com
Business services
Information technology

Identifying the Need for a Centralized Data Analysis Platform within the Business Service Industry

The client faces challenges with siloed data sources and limited insights into operational performance. Their existing reporting tools lack real-time data integration and advanced analytics capabilities, hindering efficient decision-making and strategic planning.

About the Client

A mid-sized IT consulting firm specializing in custom software solutions and enterprise system integrations, seeking to enhance internal data analysis and decision-making capabilities.

Goals for Developing an Internal Analytics Platform to Drive Business Efficiency

  • Create a centralized analytics dashboard that aggregates data from multiple enterprise systems
  • Enable real-time data visualization and reporting to support rapid decision-making
  • Implement advanced analytics and data processing features for deeper business insights
  • Improve data accessibility and usability for key stakeholders
  • Enhance overall operational efficiency and strategic planning capabilities

Core Functional Specifications for the Analytics Dashboard System

  • Integration layer with multiple enterprise data sources (e.g., ERP, CRM, HR systems)
  • Real-time data aggregation and processing engine
  • User-friendly dashboards with customizable widgets
  • Advanced analytics modules utilizing AI/ML techniques
  • Secure user authentication and role-based access control
  • Automated reporting and alerting mechanisms
  • Mobile and desktop responsive interface

Recommended Technologies and Architecture for the Analytics Platform

Cloud-based data storage and processing (e.g., cloud data lakes)
AI & ML solutions for predictive analytics
Modern web frameworks for dashboard development
Secure APIs for system integrations

External Systems and Data Sources Critical for Integration

  • Enterprise Resource Planning (ERP) systems
  • Customer Relationship Management (CRM) platforms
  • Human Resources Management Systems (HRMS)
  • Business Intelligence tools
  • Internal data warehouses

Key Non-Functional System Requirements for Performance and Security

  • System should support at least 100 concurrent users
  • Dashboard updates with a latency of less than 2 seconds
  • Data security compliant with industry standards (e.g., ISO, GDPR)
  • System availability of 99.9%
  • Scalable architecture to accommodate future data growth

Projected Business Benefits of the Analytics Dashboard System

The new analytics platform is expected to improve decision-making efficiency, reducing report generation time by 50%, providing real-time insights leading to faster strategic adjustments, and enabling predictive analytics that can identify operational bottlenecks—culminating in increased operational efficiency and data-driven growth strategies.

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