When it comes to data, knowledge is power. However, raw data alone isn’t enough; it’s this data’s access, reliability, and analysis that truly unlock its full potential.
Enter NetSuite Analytics Warehouse, a state-of-the-art analytics solution that transforms your data into accurate, real-time, actionable insights. But what exactly is it, and how can it revolutionize your business operations as a NetSuite user?
Let’s find out.
What Is NetSuite Analytics Warehouse?
NetSuite Analytics Warehouse (NSAW) is a comprehensive, cloud-based data storage and analytics solution. It’s not just any data warehouse; it’s a prebuilt analytics warehouse and analytics solution specifically tailored for NetSuite customers.
It consolidates data from NetSuite and other business applications, giving businesses a comprehensive and unified view of their operations.
What Are the Key Benefits of NetSuite Analytics Warehouse?
Streamlining data analytics with NetSuite Analytics Warehouse is beneficial in a few key ways:
- Save time by eliminating error-prone spreadsheets and aggregating your business data into one central cloud data warehouse.
- Reduce costs by reducing dependency on expensive IT and data talent associated with maintaining disparate and disconnected legacy systems.
- Make informed decisions with easy access to in-depth reporting and forecasting based on historical and transactional data.
- Gain peace of mind by doing away with slow and inaccurate reporting while gaining faster and easier access to large datasets and visualization.
What Are the Key Features of NetSuite Analytics Warehouse?
The power of NetSuite Analytics Warehouse lies in its powerful feature set built for NetSuite.
The combination of NetSuite ERP, Oracle Analytics Cloud (OAC), and Oracle Data Warehouse forms the backbone of this powerful tool. Together, they facilitate a seamless flow of data, enabling users to amalgamate data from multiple sources and generate a consolidated view of their data.
Here is a breakdown of NetSuite Analytics Warehouse’s key features.
Centralized Data Repository
One of the most powerful features of NetSuite Analytics Warehouse is its ability to consolidate data from multiple sources. NSAW integrates all data, from core NetSuite data to CSV files and other business data from apps like Google Analytics, into a single view.
Combining data from NetSuite objects, including sales, accounting, inventory, ecommerce, manufacturing, and so much more, gives you unparalleled visibility into your business metrics.
With such a comprehensive dataset at your fingertips, you’re equipped with the tools to answer complex business questions accurately and swiftly.
Oracle Analytics Cloud Integration
At the heart of NetSuite Analytics Warehouse is its seamless integration with Oracle Analytics Cloud (OAC), a powerful cloud-based data warehouse. This cloud-native service allows users to report on data from multiple sources, is accessible on any device, and analyzes key metrics.
The integration of NetSuite Analytics Warehouse with Oracle Analytics Cloud elevates its data management and analysis capabilities.
This symbiotic relationship enables users to leverage the machine learning capabilities of OAC and the automated tuning, scaling, and patching features of Oracle Autonomous Data Warehouse (ADW). This combination provides a robust architecture for delivering accurate answers and actionable insights.
Scalability and Performance
The Analytics Warehouse is designed to handle massive amounts of data, ensuring scalability as businesses grow and their data volumes increase. It leverages Oracle’s robust infrastructure and optimized data storage techniques to provide fast query performance, enabling users to analyze and retrieve data quickly.
Data Management and Security
NetSuite Analytics Warehouse implements robust security measures such as encryption, access control, and monitoring to guarantee data protection and compliance.
Historical Data Analysis
One of the primary strengths of NetSuite Analytics Warehouse is its ability to provide historical reporting.
Users can analyze data over different time periods, compare performance across different periods, and identify trends and patterns. This historical perspective allows businesses to make informed decisions based on past performance and track key metrics over time.
Visualization and Dashboards
NetSuite Analytics Warehouse offers intuitive visualization tools to present data in easy-to-understand charts, graphs, and dashboards.
These visual representations enable users to quickly identify trends, outliers, and correlations. Interactive dashboards provide a comprehensive overview of large datasets and enable users to drill down into specific details as needed.
Prebuilt Content and Data Pipelines
NetSuite Analytics Warehouse offers prebuilt KPIs, decks, cards, analyses, reports, and dashboards as part of its standard offering.
The beauty of prebuilt content and data pipelines lies in their ability to reduce the time and effort needed to set up and maintain data pipelines. Since the prebuilt objects are already configured, they are ready to be utilized, allowing companies to quickly analyze their data and gain new insights.
Drill-Down Into Details
Users can identify areas of interest or specific data points they want to explore in more detail. This could be a particular category, time period, customer segment, or any other dimension or metric available in the report.
When a user clicks on a data point, the report dynamically updates to display a more detailed view of the underlying data. This could involve expanding the data to show additional dimensions or breaking down the aggregated values into individual records.
Advanced Analytics Capabilities
NetSuite Analytics Warehouse offers advanced analytics capabilities, including complex querying, filtering, and aggregation. Users can create custom queries, apply various filters, and perform calculations to extract specific subsets of data for in-depth analysis. These capabilities allow businesses to uncover deep insights and answer complex analytical questions.
Customizable Metrics and Dashboards
Customization is key to aligning analytics with specific business needs. NetSuite Analytics. Warehouse offers customizable dashboards with role-relevant data, KPIs, charts, and graphs.
These customizable metrics and dashboards enable users to modify their dashboards to suit their business objectives, facilitating the detection of trends and opportunities.
Collaboration and Sharing
Sharing insights is a breeze with NetSuite Analytics Warehouse. Reports, dashboards, and visualizations can be shared with team members, executives, or stakeholders, facilitating data-driven discussions and aligning decision-making processes.
The platform allows you to export data in various formats, such as PDF, PNG, and Excel, making it easy for non-NetSuite users to understand and interpret the data.
NetSuite Analytics Warehouse Pricing
NetSuite follows a subscription-based pricing model. Customers pay an annual recurring fee comprised of the core NetSuite platform, add-on modules, and number of users.
NetSuite Analytics Warehouse is an add-on module. Overall pricing is calculated using NSAW and other modules, allowing you to build and customize NetSuite to suit your business goals. Book a NetSuite demo, or current NetSuite customers can contact our customizations team for a personalized quote.
Key Takeaways: NetSuite Analytics Warehouse
In the era of data-driven decision-making, NetSuite Analytics Warehouse emerges as a powerful tool that harnesses the full potential of your business data.
With customizable metrics and dashboards, prebuilt content, data pipelines, and shareable insights, NetSuite Analytics Warehouse truly unlocks the power of data, propelling businesses toward growth and success.
Are you interested in harnessing the benefits of NetSuite Analytics Warehouse? Contact the StratusGreen team today. We’d love to connect with you and facilitate rapid growth for your business through NetSuite solutions.