History tells us that any pandemic or economic meltdown of this magnitude creates a fundamental paradigmatic shift. We studied key takeaways, patterns, and trends, to offer you this 6-pronged strategy for leveraging embedded analytics success in these complex times. Collibra (the company raising funds) empowers organizations to use their data to make critical business decisions, especially in uncertain business environments.”Īnd so, we at Toucan decided to peruse a vast repository of research around crisis management. “There is an increasing urgency for enterprises to harness their data for strategic business decisions. Here’s what one of these VCs, Matt Jacobson from ICONIQ Capital and Collibra board member, had to say – outlining the reasons behind the investment. What’s more, this isn’t a plan for an uncertain tomorrow – it’s something that comes into play right here, right now.Ī recent report showed how a giant VC round just happened with the company doubling its previous valuation. This is where data and embedded analytics can play a critical role.īy accessing, analyzing, and interpreting your product data, you could surface hitherto untapped value for your users. With COVID-19 subsiding in severity and multiple industries returning to their pre-pandemic growth trajectory, businesses are looking to restart operations in the most effective and efficient way possible. Here, for example, thanks to our technology we integrate a data visualization dashboard into our blog article :Ħ Ways Embedded analytics can help your growth Beyond the fact that the crisis is compartmentalized into two different aspects, very much interlinked with each other (personal and economic), the purpose of this article is to provide an overview of companies that have reinvented themselves and found intelligent solutions to manage, prepare and equip themselves for the exit from the crisis.įor instance, companies like Airbnb, Square, and Stripe came into being during 2008’s global financial recession.Įmbedded analytics refers to the integration of data analysis and visualization capabilities into another software or application.įor example, it is possible to integrate real-time reporting or dashboard functionality, allowing a user to analyze data from the application into which the analytical platform is integrated.
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