Question

1. What is traditional reporting? How is it used in organizations?
2. How can analytics be used to transform traditional reporting?
3. How can interactive reporting assist organizations in decision making?

Answer 1

What is traditional reporting? How is it used in the organization?

Answer:

Traditional reporting:

The traditional reporting is nothing but the process of collecting and aggregating financial and other

information through a manual process. Traditional reporting is a manual process. Organizations have used Traditional reporting for the time-consuming process as a way to obtain information for making decisions and some still do use traditional reporting. However, the resulting presentations may be flat, slow to develop, and difficult to apply to specific situations.

How can analytics be used to transform traditional reporting?

Answer:

Below I mentioned How can analytics be used to transform the traditional reporting.

->It uses a quicker, better, interactive view that near real-time.

->using Analytics you can enable real-time decision support, as well as for analytics, can deliver the information to a user-friendly dashboard. Users of a dashboard such as the one provided by Sabre’s Enterprise Travel Data Warehouse using Teradata can see at a glance a 360-degree view of the company’s overall health generated from various data sources. Many stakeholders in the organization can request data needed for particular types of decisions, and the graphical user interface makes the information easily understandable.

How can interactive reporting assist organizations in decision making?

Answer:

Below I explained How can interactive reporting assist organizations in decision making.

When a system incorporates interactive drill-down capabilities, users can select the data they need for evaluating a specific kind of performance and making decisions in a particular function or situation. For example, the airlines using the Sabre system can focus on data about sales performance (ticketing, seats sold, etc.) and operational performance (flight movement, inventory, etc.). This flexibility encourages decision-makers to use data in support of their decisions.