How It Works
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Trace brings the powerful concept of metric trees to life aligning an organization’s inputs and efforts against the desired business outcomes.
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Design
Metric Trees
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Map
the Metrics
Bring Metric Trees To Life
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Utilize and Operate
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Metric trees map the business KPIs to input drivers and granular segments. The closest analogy to today’s “BI" world is to think of them as “dashboard trees” - that is, they connect the metrics in various dashboards to reflect the business processes and models.
Start with a high-level output KPI and then break it down layer by layer into granular inputs. For example, revenue can be decomposed into “orders”, “items per order”, “units per item” and “price per unit” and further into "new" vs "expansion" terms.
Organizations continue to make huge investments into data without realizing the ROI on the other end. They find themselves creating dashboard swamps - chopping up metrics into pieces losing sight of the underlying business processes and user needs. This manifests in slow time to insights, bloated data servicing teams, weak business self-service and an organization parched for clear operating insights. Teams feel disconnected from their business impact despite sitting on a lot of datasets.
Metric trees are the missing layer to convert data into business strategy and operational excellence.
1) The C-suite gains clarity and alignment of the org-wide input levers and how they impact outcomes.
2) Analysts save enormous time executing deep dives as software does the heavy calculation lift.
3) Business leads enjoy rapid, granular insights, not a swamp of disconnected swamp of dashboards.
Integrates easily with the modern data stack
Trace augments existing BI/reporting tools with a powerful browser-based design and implementation of metric trees.
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