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4 min read

ibi™ WebFOCUS® allows Businesses to make Data-driven Decisions

  • Sune Marais
  • Author Sune Marais
  • Published August 12, 2023

ibi™ WebFOCUS® allows businesses to make data-driven decisions

WebFOCUS, a strategic enterprise business intelligence and analytics solution, assists organisations in gathering and analysing trusted data from various sources, such as databases, cloud services, social media, and IoT devices. It also helps organisations make and implement intelligent business decisions based on data insights, such as optimising operations, improving customer satisfaction, increasing revenue, and reducing costs.

Executives, managers, analysts, and customers, among other users from across the organisation, can access reports, dashboards, and customer-facing applications through WebFOCUS. The application enables users to visualise, explore, and interact with the data in various formats, such as charts, graphs, maps, tables, and stories. The application also allows users to customize, share, and collaborate on data insights with others.

Data Science and Machine Learning (DSML) use algorithms and data to understand organisational information better and to make more insightful decisions. DSML is a key aspect of our era. It can help businesses improve their day-to-day operations by solving problems and improving efficiency by finding patterns and connections in their data. However, DSML can also cause problems within a company as it has a steep learning curve. This learning curve may take substantial time, and to maintain DSML. This is where ready-to-use applications come in to streamline this process. One such application is WebFOCUS.

WebFOCUS provides Data Science and Machine Learning (DSML) capabilities such as:

  • Instant Insights: Automatically generates visualizations and reports using Machine Learning algorithms without manually preparing and analysing the data.
  • Natural Language Queries: Use natural language to ask questions on the data source and get an instant insight as a response.
  • Machine Learning Functions: Train and run against Machine Learning algorithms and use Explainability to get a deeper insight into model outcomes, specifically the accuracy of the models. Deployed trained models allow real-time predictions on data sets.

WebFOCUS works with TIBCO Data Virtualisation to create new virtualised data insights without the need for re-design. Data virtualisation is a technique that integrates data from disparate sources and presents it as a single logical view to the user. By combining WebFOCUS with TIBCO Data Visualization, organisations can complement the front-end flexibility of WebFOCUS reporting with the back-end ability to continuously create new virtualised data insights without re-design.

The ability to apply DSML proficiency, in turn, give businesses the capacity to make informed and effective data-driven decisions, thereby enhancing overall organisational understanding and insights that can lead to business growth by improving the efficiency and quality of their decision-making processes.

WebFOCUS allows businesses to make data-driven decisions by providing users with a comprehensive solution to gather and analyse trusted data for interpretation and application.

Data Science and Machine Learning should be integral components of any business in the era of big data and artificial intelligence.

Written by Jethro Funck and Anton Hattingh

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