Business teams constantly want to know how their companies are performing — against their internal goals and those of the market they compete in. They benchmark their performance against their previous results, what their customers are asking for, what their customers are buying, and ideally what their customers will buy. To get their answers, businesses typically rely on data sources that are all internal, showing decision-makers only part of the picture.
That’s now in the past. Today, through a strategic partnership, Signals Analytics and Sisense are making it easy to incorporate external data analytics into a company’s main BI environment. The result is a broader, more holistic view of the market coupled with more actionable and granular insights. Infusing these analytics everywhere, democratizes data usage and access to critical insights across the enterprise.
The integration of Signals Analytics with the Sisense platform delivers on the promise of advanced analytics — infusing intelligence at the right place and the right time, upleveling standard decisions to strategic decisions, and speeding the time to deployment. Combining internal and external data unlocks powerful insights that can drive innovation, product development, marketing, partnerships, acquisitions, and more.
External data is uniquely well-suited to inform decision points across the product life cycle, from identifying unmet needs to predicting sales for specific attributes, positioning against the competition, measuring outcomes, and more. By incorporating a wide range of external data sources that are connected and contextualized, users benefit from a more holistic picture of the market.
For example, when combining product reviews, product listings, social media, blogs, forums, news sites, and more with sales data, the accuracy rate for predictive analytics jumps from 36% to over 70%. Similar results are seen when going from social listening alone to using a fully connected and contextualized external data set to generate predictions.
From your Sisense UI, use the Snowflake data connector to connect to the Signals Analytics Data Mart. The data can be queried live in the Sisense ElastiCube.
Once the data connection has been established, select the data types needed by filtering the relevant “Catalog.”
Select the dimensions, measures, and filters to apply, then visualize.
To get started, contact us.