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Cloud-Based Analytics System Shortens Time to Analyze Data

By LabMedica International staff writers
Posted on 27 Jul 2009
A cloud-based software-as-a-service (SaaS) system has been developed that allows employees and managers throughout an enterprise to simultaneously access, visualize, analyze, and collaborate with one another on essential data.

Visual I/O (Newton, MA, USA) provides an immersive interactive data analysis experience that shortens the time normally required by business teams to analyze crucial company data for decision-making. Visual I/O facilitates an ongoing dialog with data--to visually identify revealing statuses, trends, thresholds, and significance that are obscured within large data sets and hard to find.

"Visual I/O's mission is to redefine BI [biotechnology information] by integrating the data reporting and analysis process in a shared set of data visualization resources that are easy to use for both analysts and management alike. Current products on the market rely on client-installable software, which limits performance and deployability. Visual I/O is the first company to deliver a 100% enterprise-class, browser-based solution--none of our competitors can make that claim today,” said Angela Shen-Hsieh cofounder of Visual I/O.

Traditional BI approaches for data reporting, analysis, and presentation are limited because the reports are largely static, making it hard for teams to interactively analyze, discuss, and evaluate data at the fast pace businesses operate. Many data graphing and sharing products fall short because of limited data interaction and inflexible analysis options.

"The old-fashioned method of generating and publishing BI reports with no way of performing interactive analysis just amplifies the broken report-question-report cycle that puts a drag on implementing enterprise performance initiatives. Visual I/O fixes that problem by eliminating the information gap between analysts and decision makers-through an immersive approach that lets all participate and contribute as part of an interactive cycle of data access, visualization, analysis, and collaboration with a powerful set of tools useable by managers and analysts alike,” said Shen-Hsieh.

Visual I/O software removes hurdles to enterprise interaction and data-driven decision making by delivering continuous, on-demand business insight with these benefits: accessible via the Cloud; immersive through a data-interactive visual interface; immediate over broadband Web connection; dynamic interact with enterprise databases, BI suites, Web data stores; scaleable enterprise-grade large data set capability and thousands of simultaneous users; collaborative connect and share analysis and insights with colleagues.

Visual I/O provides executives, managers, analysts with an interactive visual analysis tool to view data across multiple dimensions, decision points, and milestones per project with drill-down capabilities to provide a deeper understanding of the underlying data. Business users (i.e., managers) now have greater flexibility to easily generate data visualizations (e.g., scatterplots, Gantt charts, and others) by various parameters, on an ad hoc basis, without having to go back to their in-house analysts to create reports.

Visual I/O features include (1) Cloud computing delivery, which enables extremely fast deployments and system upgrades with zero impact on information technology (IT). (2) Group collaboration capabilities to shorten the time it takes to create, circulate, comment on, and analyze reports and analysis. (3) Web-based data visualization builder to make it easy to add expanded or new reports to Visual I/O's shared workspaces. (4) Enterprise-class data handling to provide the capability to work with very large data sets required by enterprise class applications. (5) Intuitive user interfaces to provide interactive visualizations (Gantt charts, bubble charts, heat maps) of complex data contained within enterprise databases. (6) Easy-to-use controls and filters that allow users to interactively investigate data in real time so that key results are immediately apparent. Data are made dynamically accessible and reports easily shared with groups of authorized users. (7) Packaging of industry-relevant templates and expertise (e.g., pharmaceutical portfolio management, sales team forecast) for domain relevance and quick productivity. (8) Rich, web-based experience for tracking time flows and trends, exploring patterns in data, and filtering/highlighting based on user requirements.

Visual I/O benefits include shortening of the reporting-analysis cycle for enterprise performance analysis by up to 80% compared to existing BI tools. Empowering business users and managers to understand easily complex data through interactive visual analysis.

Comprehensive creation and customization capabilities to let analysts construct and share analyses in an interactive visual format useable by managers and executives. A solution that reduces manual reporting processes through self-service capabilities using Visual I/O's shared workspace capability. Integration with legacy software suites for ongoing ROI. Complex data made available in usable formats for executives, management, business end users, and consumers. Lastly, the system facilitates faster, better-informed exploration and refinement of data, and improves decision-making.

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