Resources for Data-Driven Organizations

Get the most value from your CRM and ERP software with tips, tricks and strategies from the experts in business intelligence, reporting, and analytics. Explore our latest resources here.

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                    [post_content] => If “Digital Transformation” was the watchword in 2019, it will be the driving force in 2020—and beyond. This year organizations continued to adopt policies and technologies in efforts to become increasingly data-driven and establish a “data culture” within their companies. As data volumes continue to explode, and a growing number of employees require access to critical information, modern BI and self-service analytics have shifted from being a department-level concern to an enterprise-wide issue.

 

With 2020 upon us, these are the trends we see in the data analytics space for the year to come:

 

1. Self-service is here to stay. In fact, according to CIO, by 2024, 80% of digitally advanced organizations will replace the IT-centric model with a self-service model. Providing tools that are easily accessible and usable by business users to help them find and use corporate data allow the business to rapidly respond to changing market needs and competitive threats without the need to involve IT, but with the assurance that these solutions will be secure and compliant.

 

2. The use of modern BI and reporting tools will spread beyond finance teams. Feeling the pain of lengthy close times and clunky spreadsheets that aren’t up to the task, finance analysts are often the first to adopt modern BI and reporting tools. The right software can reduce the time it takes to close the books from days to hours, while empowering users to find data and build dashboards to answer their own questions rather than relying on IT.

Once other functional teams see the benefits that finance users realize by using self-service analytics tools such as Preferred Strategies QuickLaunch™ Microsoft® Power BI, they want to expand the use of these tools to Sales, Procurement, Manufacturing, Inventory, and beyond. We see the trend of cross-functional adoption of modern BI and reporting tools continuing—and accelerating—in 2020.

Learn how leading companies have reaped the benefits of self-service analytics.

 

3. Microsoft Power BI will continue to build its position as the self-service analytics tool of choice. In Gartner’s 2019 Magic Quadrant for Analytics and Business Intelligence Platforms, Microsoft was positioned as a leader, and furthest to the right for completeness of vision within the Leaders quadrant. Microsoft continues to make huge investments in Power BI, demonstrating its commitment to innovation. Power BI offers comprehensive analytics capabilities paired with ease of use, plus the security, governance, and compliance features to keep data secure and control how it is accessed and used.

Get the Gartner 2019 Magic Quadrant for Analytics and Business Intelligence Platforms.

 

4. AI and machine learning will increasingly be democratized as analytics tools, such as Power BI, incorporate built-in machine learning capabilities. Preferred Strategies QuickLaunch combined with Power BI and Azure AI enables natural-language queries (NLP), automated advanced analytics, smart data visualization, and more.

Learn more about machine learning for your ERP data.

 

5. The Citizen Data Scientist will have a greater impact on business outcomes

Digital transformation is a journey, and at each stage the impact on the business is more significant. Reporting can tell you what happened. Modern BI and analytics can tell you why something happened. Data science can help predict what will happen based on historical precedent and outside influence. And Prescriptive Analytics can automatically inform you of what you should do when certain conditions are met.

The more business users in your organization that can gain this level of insight, the more impact it will have on your business. To achieve this level of insight, your data - and the science surrounding it - needs to be more accessible. Accessibility is the principal behind the concept of the Citizen Data Scientist, aptly described by Carlie Idoine of Gartner in the article below.

Read more about citizen data scientists - and why they matter.

 
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                    [post_title] => QuickLaunch Training Options
                    [post_excerpt] => Preferred Strategies Professional Services team offers a range of training programs designed to help you learn our products
operationally and maintain them from a technical perspective. This datasheet provides information about our training
course options and describes the curriculum for each course. 
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QuickLaunch for Viewpoint powers digital transformation in the construction industry

FOR IMMEDIATE RELEASE Soquel, Calif. – Preferred Strategies, a leader in powering digital transformation in organizations that run on JD Edwards, today announced the availability of QuickLaunch for Viewpoint ERP Software. The combination of QuickLaunch, Microsoft® Power BI, and Viewpoint will transform how construction companies simplify and grow their businesses by becoming data-driven. QuickLaunch for Viewpoint Vista delivers business insights from data and presents them in a meaningful way through Power BI. With QuickLaunch, construction company leadership and project managers can maximize the business value from their Viewpoint data. Finance managers can spot trends before they become expensive issues. Month-end and year-end close that used to take days can now be achieved in hours. Project management can analyze project costs and identify issues before they impact project profitability. Equipment fleet management use and expenses can be optimized to maximize efficiency. These are just a few examples of how QuickLaunch for Viewpoint is changing the way construction companies are looking at their data.   Extending Self-Service Data & Analytics to the Construction Industry “We have helped many construction companies, built on JD Edwards ERP, with their digital transformation journey,” said Adam Crigger, Founder & President of Preferred Strategies. “With the dominance of Viewpoint in the construction industry, the introduction of QuickLaunch for Viewpoint was a logical extension of our product line.” Construction companies are powering their digital transformation with Preferred Strategies QuickLaunch™ for Viewpoint. Vista data is connected via QuickLaunch to Microsoft Power BI and enables self-service access to common modules such as Job Cost and General Ledger reports and analytics in the office or at the job site. Customers can combine Vista data with third-party data such as CRM or field data to derive even more powerful insights. QuickLaunch supports Vista User Defined fields to ensure the accuracy of reports and analysis.   Partnering for Success As part of the expansion into the Viewpoint market, Preferred Strategies has added two new partners to its rapidly growing partner ecosystem. Olsen Consulting, headquartered in Calgary, Canada, was founded in 2010 to specialize in delivering a one-stop shop consulting service for the software that powers the construction industry. Led by industry veteran, Lynn Coffey, ProCon Solutions, headquartered in Saratoga Springs, NY, was founded in September 2012 with a vision of assisting construction companies through the tedious task of researching, implementing and managing construction software.     “We have been working with software in the construction industry for over two decades,” said Lynn Coffey, Owner, ProCon Solutions. “We are really impressed by what QuickLaunch brings to the industry. Many companies are now evaluating modern BI and Analytics solutions and the combination of QuickLaunch for Viewpoint and Power BI is unmatched.”     "Developing KPI dashboards that provide senior leadership with real-time insights on the health of their business can be technically challenging," said Jon Olsen, CEO, Olsen Consulting. "QuickLaunch for Viewpoint makes the development of BI and analysis dramatically more simple. This allows for more insights to be delivered both in the office and formatted for mobile devices on the job site."     QuickLaunch for Viewpoint is available now for Viewpoint Vista customers. Learn more here. [post_title] => Preferred Strategies Introduces QuickLaunch for Viewpoint ERP [post_excerpt] => QuickLaunch for Viewpoint Vista extracts business impact from data and presents it in a meaningful way through Power BI to help construction company leadership and project managers to maximize the business value from their Viewpoint data. 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Webinar
Access Webinar
Advantages of a Data Model Approach When Connecting to Viewpoint Vista Data

Watch a replay of the third session in our “Power BI and Viewpoint Vista: What’s the Buzz” webinar series.

WATCH NOW >
Webinar
Power BI and Viewpoint Vista: What’s the Buzz?

Watch our 4-part educational webinar series to finally discover what’s behind Power BI and Viewpoint Vista and how you can quickly and easily extract the most value from your Vista data.

WATCH NOW >
Webinar
Increase Profitability with Job Cost Analytics

Using QuickLaunch for Viewpoint Vista with Power BIIn this demo-rich webinar, we will show you how to connect your Viewpoint Vista data via QuickLaunch to Microsoft Power BI to enable self-service Job Cost analytics in the office or at the job site.

WATCH NOW >
Webinar
Save Days on Your Viewpoint Financial Close Process

Spend more time analyzing your business instead of preparing your data. Learn how incorporating modern BI and reporting tools into your Viewpoint Vista workflow can help you shave days off your normal close process.

WATCH NOW >
Webinar
Virtual Workshop: Using Modern Analytics to Enable Data-Driven Decisions

Watch this workshop on using Microsoft Power BI with your JD Edwards Data to learn how the modern, self-service approach to BI can easily create reports and dashboards for common business scenarios.

WATCH NOW >
Webinar
Save Days on Your JDE Financial Close Process

Watch this webcast to learn how QuickLaunch and Power BI can shave days off your normal JD Edwards financial close process.

WATCH NOW >
Blog
2020 Will See Modern BI & Self-Service Analytics Central to Digital Transformation Initiatives
December 17, 2019

If “Digital Transformation” was the watchword in 2019, it will be the driving force in 2020—and beyond. This year organizations continued to adopt policies and technologies in efforts to become increasingly data-driven and establish a “data culture” within their companies.

READ MORE >
Product Literature
QuickLaunch Training Options

Preferred Strategies Professional Services team offers a range of training programs designed to help you learn our products
operationally and maintain them from a technical perspective. This datasheet provides information about our training
course options and describes the curriculum for each course.

READ NOW >
Blog
Preferred Strategies Introduces QuickLaunch for Viewpoint ERP
December 11, 2019

QuickLaunch for Viewpoint Vista extracts business impact from data and presents it in a meaningful way through Power BI to help construction company leadership and project managers to maximize the business value from their Viewpoint data.

READ MORE >

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