Data is the lifeblood of modern organizations, and the ability to effectively manage and analyze their data is critical to the success of their business. However, many organizations run into an assortment of challenges in analyzing and gaining value out of the rich amount of data they collect.

Data management and analytics platform ClicData has put forward various solutions for these performance tracking challenges, which are delivered through its end-to-end, cloud-based application that is valuable in helping organizations deal with various pain points when working with large volumes of data. These pain points include:

ClicData Reveals Solutions to the Most Common
ClicData Reveals Solutions to the Most Common Data Performance Tracking Challenges Pixabay

Manual extraction and static reporting

According to ClicData CEO Rend Stephan, many organizations are struggling with the manual process of extracting data and static reporting tools. This is because they do not use the appropriate tools when working with large amounts of data. Often, they extract data and plug it into spreadsheets that they need to rebuild each time a new source or format or data arrives. This takes up a lot of time and effort, and they have to clean the data, make formulas and reconcile the differences among different versions of spreadsheets.

ClicData's smart connectors automate the process of data extraction, connecting directly to the data source, eliminating the need to export manually to a spreadsheet. The platform contains a wide range of visualization options, exceeding the capacity of most spreadsheet and slideshow programs. It also automatically updates its reports in response to changes in the data source, and can be configured to notify users in case of significant changes in the data, such as a huge drop in sales volume or large increase in foot traffic.

"If organizations connect their software to ClicData, they only need to build a reporting process once. Because ClicData is always connected to their tool, it can act seamlessly as an extension of their system, allowing them to see changes in real time," Stephan says.

Organizational silos

Data silos are some of the toughest challenges to overcome for organizations, with different departments working with different data sources and using separate platforms. This prevents each department from having a full picture of the business' performance, resulting in a myopic view on issues. ClicData can natively connect to around 300 various platforms, social media networks, applications, APIs, and databases, and transform the data to create a unified library with a format that is viewable and usable by all concerned departments.

"It's important to align everyone in the organization on a single source of truth to promote transparency. However, every single system will have different types and formats of data, so ClicData has a data transformation module called Data Flow, which connects different transformation steps to each other in an easily executable and visually clear process," Stephan says.

Long delivery times

With other platforms, data integration and management can be a long and complex process. It can take several months to go from the first kick-off call to actually delivering the solution, with the dashboard up and running. ClicData solves this through its software-as-a-service (SaaS) model, which allows clients to start small and scale up at their own pace, which means projects can get up and running in a shorter time.

"ClicData is completely integrated with our clients' systems, which speeds up the entire process of data connectivity, management and visualization, meaning your dashboards and KPI's are ready within a few weeks. This gives our clients a powerful, smart, and easy solution that's set-and-forget, and it doesn't need a single line of code to set it up. It approaches data and analytics in a very agile and flexible way, and it allows organizations to take control of their data needs without having to hire an army of consultants," Stephan says.