Companies that get data analytics right have a massive competitive advantage.
Setting up a data analytics strategy and workflow is a challenging task that often overwhelms companies and wastes resources. That doesn’t have to be the case. Data analytics consultants can apply their software and business development expertise to help your organization make informed data-driven decisions.
However, not all data analytics companies are created equal.
This post will take you through the qualities of great data analytics consulting companies, what you can expect from the consulting process, and how working with external experts can benefit your business.
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Analytics consulting services provide data professionals with expertise in data architecture, reporting, and ad hoc analytics.
The most impactful data analytics consultants do more than load data and create reports. They also offer guidance on:
Data analytics consulting helps organizations establish the processes and content for analyzing their business.
The key to becoming data-driven is more than building reports and dashboards. It’s about understanding an organization’s analytical pathways, delivering the right information at the right time, and providing the context required to make good decisions.
For example, companies have thousands of reports and queries used by various people to run their business. This is a case where quality matters more than quantity. This reporting detritus has built up over years. Many go unused, become outdated, and contribute to noise that obscures the signals.
Experienced data analytics consultants seek to:
Great data analytics consulting firms are skilled at looking at things at a macro (executive level) and also at a practical, operational level. They know that ‘less is more’ and what information is needed when. What decisions are machine-driven (low latency, high data context), and which require human intervention.
Good data analytics consultants prevent people from showing up to meetings with two different data sets. They also help align thinking, creating a consistency that enables continuous improvement. Many organizations run into situations where a user requests a report, leaves the company, and someone new comes in and requests a different report. Now, two reports represent the same thing, with different conclusions, making it unclear which is “right.”
Unfortunately, the processes around reporting aren’t automated (or instrumented) in these cases. Therefore, sometimes you have people who are naturally good at analyzing a business, but they leave, leading to a breakdown in critical business intelligence.
The Consulting Process
Step 1: Data analytics consultants will take the time to learn what an organization’s goals are first. What and where do organizations think their opportunities exist? Data analytics consultants also investigate:
Step 2: Next, the data analytics consultant creates a roadmap to help the organization achieve its aspirations over time.
What sets Hakkōda apart from traditional data analytics consulting firms is that we don’t spend much time describing what we’re going to do. Instead, we focus on quick assessments and understanding your pain points and goals. We then start building towards your goal in sequences designed to drive measurable impact sooner.
We map out your vision (the whale in this metaphor) and build incrementally towards your goals to avoid analysis paralysis or overspending on strategy.
Want to learn more about data analytics consulting services? Hop on a free consultation call with us.
How much experience does the analytics consultant have with your technology?
If you have a consultant unfamiliar with your technology stack, they may not be able to provide the best advice, especially if you’re looking to modernize.
They may not understand how your specific technology will play with other systems, leading to unexpected complications.
Expert tip: Look for someone who specializes in your industry or has worked with an organization of your size and scale.
A successful analytics program requires organizational understanding, change management, and the ability to simplify complex systems and processes.
It’s easy for someone to jump in and start building reports, but they’re adding to your legacy of technical debt, data chaos, and data sprawl.
Find an analytics consultant who can create logical progression and actionable (yet simple) plans to drive adoption, iteration, and evolution.
It’s not unlike the “teaching how to fish” metaphor. Instead of having a one-time report or unrepeatable process. A consultant needs to think about how to build now and at scale long-term, including answering:
In other words, adding reports will have a short-term impact. But a great data analytics consultant thinks about how your organization makes a decision and:
Companies are overwhelmed with data. There is so much noise and data that they’re not getting the signals anymore.
Therefore, data analytics consultants are responsible for creating clarity about what an organization needs to be looking at— and how to interpret that data to take action. It’s beyond reporting; it’s about organizing the raw data to facilitate informed action in the moment.
Data analytics consulting services benefit companies in two key ways:
Often, people in an organization can get too close to a problem in a business. Because they are actively experiencing the issue, they may get tunnel vision. Some may have blinders on because they are so focused on one issue that they miss the whole picture.
That’s why it’s critical to have external experts come in to analyze a problem or an opportunity.
Good data analytics consultants can help rationalize issues and cut across organizational silos more effectively.
In recent years, there has been a considerable modernization effort in technology. As a result, companies do things differently than just a few years ago.
Having external experts who work with a modern tech stack is critical for sharpening your organization’s competitive advantage and pursuing your big-picture aspirations.
We are a data consultancy specializing in accelerating innovation through data. Our team has deep expertise and alignment with Snowflake and other technologies for building a modern data stack.
Our data analytics services help you improve your data quality, tap into modern business intelligence, and scale with on-demand talent.
Improve Data Quality and Performance
We start by modernizing your data pipelines, embedding observability, and leveraging the capabilities of cloud-native solutions.
Companies are plagued by data sprawl. Data and reports are everywhere, making it challenging to identify what’s being used and what’s valuable, not to mention the cost and inefficiency of supporting these legacy systems and processes. We help bring order, enable self-service, and still maintain data governance.
With our help, you can replace outdated technology with cloud-native solutions that work in concert to create a high-performance, simplified architecture.
Hakkōda supports your internal teams with additional capacity you can flex up and down as your backlog and budgets evolve. We have teams in the US and Costa Rica that can help you realize your goals.