2. Bringing serious speed to data
Self-service analytics is all about the democratization of data, which inherently creates a faster journey to insight: the people who are experts in the data can start working with their data quickly, with minimal training or IT knowledge. Just like people are used to finding the answer to a question on their phone, laptop or tablet at home, they can get business or academic answers at work.
But, that speed has many dimensions.
For example, the University of Indiana—a huge research university—has been enjoying the fast pace of self-service analytics for years. Enrollment and recruiting officers use dashboards to dive into student data from any angle and depth necessary at high speeds. Trends that used to take weeks or months to identify can now be spotted in hours or minutes.
Another aspect of self-service analytics is the significant reduction in ramp time. Training and adoption are a matter of hours rather than months. Departments that need answers quickly appreciate rapid deployment, and it makes trying new tools less of a risk.
3. Allowing for great flexibility and security
Part of why self-service analytics can be adopted quickly is it enhances rather than replaces an existing data ecosystem. The software works with whatever data is there already. If a college’s data is in SQL, the ERP system, spreadsheets or anything else, it can stay there. Self-service analytics is all about getting more out of the data that already exists.
Though self-service analytics may sound like a free-for-all, data security is actually more important than ever. A strong IT approach will have three components: info should be accurate, available and audited. The accuracy element should be self-evident but often ignored: if data is untrustworthy, it doesn’t really matter how it’s analyzed: the results will be untrustworthy too.
Availability is a complex, multi-tiered issue. The whole idea of self-service analytics is that data is available to everyone who needs it, but that doesn’t mean all data is available to literally everyone. At colleges and universities in particular, security and privacy issues are crucial. So part of IT’s role is figuring out what level of access is appropriate for each department, job and person. Keeping track of who has access to what information is where auditing comes in, and it’s a vitally important job.
At Carnegie-Mellon University, the financial department used self-service analytics to radically update their data analysis while keeping privacy a top priority. This has helped administrators get a handle on up-to-the-minute financial data, wherever they are, on any device. The project was also a test of such methods, which lead to further adoption across the institution.
4. Visualizing the data for easy communication
Just as professors often use visual aids to help students grasp difficult concepts, self-service software creates visualizations that make data easy to understand. Such visualizations are based on research—by, fittingly, experts with advanced academic degrees—on the human visual processing system, to take advantage of our natural strengths and weaknesses.
The University of Texas Austin is constantly growing, as necessitated by its over 52,000 students and 11,000 faculty members. To manage that growth, the university operations team uses self-service analytics to expand the university in the most efficient manner, keeping track of all the elements—human, physical, financial, geographical, etc.—involved in building expansion. This led to a rare trend: steady expansion with shrinking budgets, thanks to the increased efficiency.
The bottom line can be an educational boost too
Colleges and universities are often criticized when they drive their missions through the lens of business objectives but self-service analytics is an example of how the private section is teaching education something valuable. Tools originally designed to drive customer satisfaction and maximize growth are doing the same for higher-learning institutions while fulfilling loftier goals too: higher graduation rates and, ultimately, a better educated society.
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