[2024]Digital Global Overview Report 2024 Meltwater.pdf
myDIALS 3.3 data sheet
1. D A T A S H E E T
VERSION 3.3 UPDATE
Personal Business Intelligence
myDIALS helps people make better myDIALS is a Personal Business Intelligence solution delivered via Software as a Service
decisions faster through: (SaaS). Rapid, automated deployment, dynamic integration with cloud-based and on-premise
Interactive Analysis: data sources, data update in real-time or as scheduled, and unparalleled interactivity,
Visual dashboards; knowledge sharing and predictive analytics, provide quick time to value. Pre-defined Modules
Interactive scorecards; (such as Sales Analysis and Online Marketing) contain best practices for metrics, calculations,
Filtering and drilling into a dial, bar, visualizations and analytics and can be easily and quickly personalized for each user.
segment, point, cell by any relevant
dimension; myDIALS supports a continuous improvement approach to performance management that
Showing the table of all records used to supports a monitor, alert, learn, analyze, act decision cycle:
aggregate and calculate the information;
Drilling into the Drivers – the formula and
components used to calculate the metric;
Real-time Alerting:
Based on metric zones or complex
expressions;
Shown visually and emailed to
designated people;
Collaboration:
Notes on data points;
Text Dials to share commentary on a time
period for a set of metrics;
Media Center to provide reference
documents and training materials;
Sophisticated Analytics:
Trending and Forecast Projections;
Control Charts to show variability against
the metric mean;
Pareto and Histograms to show major
contributors;
Variance analysis against a reference
metric, budget, time period; In addition to the existing capabilities for interactive analysis, proactive identification and
What-if scenario Analysis that can notification of alert conditions, collaboration through the use of notes attached to data points,
combine multiple changes; sophisticated, yet easy-to-use statistical analytics, and real-time scenario analysis, the new
Dynamic Integration: myDIALS 3.3 is enhanced in many aspects. The release highlights include:
Integrate with SaaS applications and on- • Interactive personalization through the new Visual Designer;
premise systems; • Intuitive in-dial controls to speed analysis;
Meta data used to automate configuration
• Extended collaboration and guidance including the new Media Center; and
and then dynamically synchronized;
Data is extracted in real-time or on a • Enhanced internationalization / localization including multi-currency support.
schedule which can vary by metric;
Single-sign-on support; Interactive Personalization
myDIALS can be embedded in other user “Personal” BI goes beyond “self-service” BI, in that each and every person using myDIALS can
interfaces or portals personalize the content, visuals and layout of their own myDIALS Portal. These
personalizations can be kept private or shared with other users. Of course security is
maintained and individual users are only granted access to the component library for those
metrics, dials and dashboards that they have been authorized to view based on their role, job
function and scope of authority.
Every person can use the Visual Designer to copy and modify components (dials, ribbons and
dashboards) from the available library or they can create entirely new components. In addition
to the standard library, users can also access any components shared to them by other users
and can use these or copy them into their own area and modify them for their personal use.
1-866-99DIALS
(1-866-993-4257)
www.mydials.com
2. D A T A S H E E T
VERSION 3.3 UPDATE
Personal Business Intelligence
Effective Performance Metrics are: The Visual Designer provides a “canvas” to select a particular component you’d like to copyand
modify or create new components. You can interactively make the modifications you’d like in
• Related to strategic goals;
order to personalize your experience.
• Timely;
• Individualized and relevant for each
decision maker;
• Consistent and accurate;
• Span a value stream or business process;
• Support a continuous improvement
methodology.
Performance Metrics can be:
• Measures - Key Performance Indicators
(KPIs) or outcomes;
• Drivers - Key Performance Drivers (KPDs)
that affect outcomes or are leading
indicators that point to potential outcomes.
Performance Metrics are made
actionable by:
• Directly relating KPI and KPD metrics;
• Logically grouping KPI and KPD metrics by
value stream, business process or function;
• Providing the capability to filter or drill into
metrics to obtain more detail;
• Showing metric snapshots, trends over time,
and period over period comparisons;
• Presenting the metrics in context - either by
dimension or time;
• Capturing user knowledge about the metrics
and related analysis;
• Using trends, forecasts, Pareto, control
charts, variance, correlation and lean
process analysis to determine the
characteristics of an issue;
The Visual Designer makes it easy to change alerts, the way the dial looks and the metric to be
• Performing “what-if” analysis to determine
the most appropriate scenario or action displayed on the dial. You can also modify the localized display names.
to take.
3. D A T A S H E E T
VERSION 3.3 UPDATE
Personal Business Intelligence
In-Dial Controls
MyDIALS already has the ability to apply filters and sorts to displayed data, but now Version 3.3
puts this power directly in the hands of every user.
Communicating Information to
Stakeholders
Coaxis, Inc. is a leading software development
and management company. Privately-held,
Coaxis has delivered industry-leading
technology innovations and solutions to the
construction industry for more than 30 years.
With myDIALS, the Coaxis finance and sales Extended Collaboration
units will be able to better communicate In addition to the “About” boxes that provide dial and metric definitions and guidance and the
ability to attach, view and edit Notes attached to specific data points, myDIALS now provides
information to key stakeholders, improving
the Text Dials that allow explanatory text for a time period to be placed on any dashboard. This
decision making to hone the company’s ensures the contextual information can be viewed in conjunction with the metrics presented for
competitive edge. that time period as shown below.
myDIALS allows Coaxis to have more
immediate access to pertinent operations
information. Previously, Coaxis created monthly
reports using Excel and Sharepoint. That option
proved to be cumbersome and time consuming,
and failed to provide the immediate, focused
information that its audience required.
“Employees were spending an inordinate
amount of time preparing updated reports for
the executive team,” said Carl Billings,
Financial Analyst, Coaxis.
“myDIALS will potentially pay for
itself simply by eliminating the need
to bring in an additional staff.”
A further enhancement in myDIALS 3.3 is the new Media Center. This provides the ability to
myDIALS allows Coaxis to compile, display and store documents, reference material, links to training videos etc, and then users can view this
monitor multiple business and operational information if they need assistance in making decisions to improve performance.
measures in a single snapshot view. The ability
to aggregate information across multiple
departments eliminates the need to send
separate reports to multiple executives.
4. D A T A S H E E T
VERSION 3.3 UPDATE
Personal Business Intelligence
myDIALS makes sophisticated analytics easy
to use for everyone. Once a performance issue
has been identified, the optimal corrective
action must be determined. Rather than wait
for a review by a business analyst, each person
making an operational decision can quickly
obtain the information they need to make those
decisions quickly and effectively.
Examining trends, forecasts and controls charts
quickly shows whether an issue is an
abnormality or an ongoing problem. A Pareto
chart can highlight areas contributing most to
the problem. And performing “what if” scenario
analysis shows which actions will lead to the
best business outcome.
Enhanced Internationalization and Localization
Combining this level of analytics with the ease- myDIALS 3.3 provides multi-currency support where financial metrics are stored and
of-use inherent in myDIALS ensures everyone aggregated in both a local currency and a reference currency. Depending on the user’s profile
can take advantage of analyses that until now and whether they are part of a subsidiary or corporate headquarters, they will view these
has typically been reserved for a small number metrics either in their local currency or the global reference currency.
of business analysts. myDIALS has also made it easier to localize display names etc through the use of automated
translators and the Visual Designer. Again each person will see information in the language of
The intuitive visual presentation, interactive their choice, based on their user profile.
drills, embedded knowledge, context setting,
inherent association of KPI and KPD metrics, Summary
interactive scenario analysis and sophisticated myDIALS 3.3 establishes “Personal BI,” by making it easy for users to personalize their user
analytics allow you to quickly understand interface within a few clicks using the new Visual Designer. This version extends Personal BI
performance, identify the root cause of by giving each user enhanced control over how the information in each dial is presented,
performance issues and determine the best through the use of interactive filtering and sorting.
corrective action.
People can collaborate with each other by attaching or adding to note attached to data points,
or sharing textual comments about a specific time period. The new Media Center ensures
Now with the Visual Designer and In-Dial
people have access to reference and training materials, integrated into their performance
controls, each person can alter the content and
management portal.
layout of the information used for decisions,
making them even more effective. In today’s global economy the ability to examine financial metrics in a local or reference
currency and the ability to easily localize displayed information in multiple languages is key to
ensuring effective communication and consistent understanding. myDIALS 3.3 make
localization much easier and now also provides multi-currency support.
myDIALS can be delivered as a turn-key solution or the customer or a partner can configure,
deploy and update the myDIALS solution themselves.
1-866-99DIALS
(1-866-993-4257)
www.mydials.com