Reporting and Analytics

Reporting and Analytics encompass the methods in which end-users consume the data from the data warehouse.  Robust reporting and analytical capabilities allow an organization to leverage their data to the fullest extent.  Having a solid data foundation is great, but if your users cannot get to the data they need or do not have the proper tools to use the data, the data environment will not succeed. Edgewater views reporting and analytics on three levels:

• Reporting – Focuses on information dissemination in the form of standard reporting, ad-hoc reporting, alerts, dashboards and multi-dimensional reporting.  Reporting generally looks to report what happened in the past.
• Base Analytics – Focuses on the capabilities to help determine why things happened.  Base analytics encompass capabilities such as scorecards, trend analysis, forecast to actual, and basic data mining.
• Advanced Analytics – Focuses on trying to predict future behavior or what might happen in the future.  Advanced analytics encompass capabilities such as cluster analysis, predictive analytics, decision trees, simulation/scenario planning, and advanced data mining.

Solutions

Reporting and Base Analytics Assessment and Strategy

Many organizations have an overabundance of reporting and analytical tools in use.  While having options is always good, an excess can lead to increased costs in support, licensing and development.  Additionally, these tools often apply different rules to data that can lead to conflicting, and often costly, results.  Standardizing on a set of reporting and analytical tools for the organization can results in significant cost savings and streamlined operations.  Edgewater can provide an assessment of the current environment and development of a strategy to assist an organization in moving to a set of reporting and analytical tools that meet the organization’s unique demands.

Reporting and Base Analytics Design and Implementation Services

Implementing reporting and analytical platforms can take many different forms to serve many different purposes.  Some organizations simply require a mechanism to generate and distribute standard reporting while others want to fully empower end users to meet their needs in a true self-service environment.  Edgewater has extensive experience in designing and implementing a wide range of reporting and analytical capabilities including:

• Multi-dimensional reporting and analysis engines
• Relational reporting structures
• Management and operational dashboards and scorecards
• User self-service interfaces
• Operational alerts

Advanced Analytical Applications

Many organizations are looking to use their data as a true strategic asset.  In doing so, they are moving towards using their existing data to determine the likelihood of future events.   These applications span the spectrum from financial (ex. determining the impact of certain events on net revenue) to logistics (ex.  Predicting future staffing levels) to quality of services (ex. determining the impact of certain changes to patient care).

Predictive Analytics Spectrum

All of these applications (and more) require a solid data foundation and predictive capabilities.  Establishing an advanced analytical platform requires business and technical expertise.  Edgewater’s EIM consultants team with our industry experts to bring the expertise necessary to traverse the complex landscape of predictive analytics.  Our advanced analytics offerings range from predictive analytics prototypes to full advanced analytical platforms.