Why Business Analytics Matters

5th July 2021 by Brytlyt

Companies are becoming increasingly data-driven as enterprises of all sizes are becoming aware that data is one of the most important assets to leverage as an advantage over the competition.

The success of business analytics inherently relies on both the quality of the data (good data in, good data out) and the expertise of the analysts who understand the nuances of an individual business, as well as the technology on which everything is built.

At its core, Business Analytics is the exploration of the data of an enterprise, with a strong emphasis on statistical analysis and how the best practices and individual systems are selected for each business. Once an end goal of the analysis is understood, the methodology is chosen and company data is selected to support analysis efforts. This typically involves a feed from multiple data sources and systems, to then be cleansed and integrated into a unified space such as a Data Warehouse.

The challenge of multiple sources

Multiple sources of data can be difficult to get in one uniform feed, especially when you consider a variety of formats, legacy systems, export times and availability that many enterprises face.

Many companies use a range of different business solutions and platforms which, although may function to a high quality individually, are restricted by their inability to collaboratively communicate with each other. When you also incorporate legacy paper-based data sources, a considerable amount of time and resource is spent simply trying to find information before successful Business Analytics can be performed.t.

The challenge of real-time Business Analytics

To be useful, real-time analytics applications require availability coupled with low response times. Systems should manage vast quantities of data, yet should still be expected to return queries within seconds.

As an example, real-time advanced data analytics have been used in financial trading for quite some time now and, can incorporate more data streams than ever before.

Why use Brytlyt’s Business Analytics Systems?

  • We can help your business interactively query, visualise, and power data science workflows over billions of records with a wide range of accelerated analytics solutions.
  • Our end-to-end platform delivers decision support and business-critical insights.
  • Built on PostgreSQL, we empower users to analyse more data, faster, and with ease.

For today, and tomorrow

Brytlyt is the future-proofed approach to data processing and analytics. Instead of overhauling your existing system, our platform can be easily integrated into your business environment. Plus, its adaptable functionality means you can continue to develop the platform as your needs change.

Our platform is built for ambitious businesses who want to harness their rapidly growing datasets of today and for tomorrow. We know data; and we know how to help businesses get the most out of huge amounts of data, in an instant.

Speak to us today to find out more and take the first steps to accelerate your capabilities with our GPU-powered solutions.