Data & Analytics Products That Work
5 Principles for Building Successful Data & Analytics Products (Lessons Learned)
Many data & analytics products struggle to gain traction, even with significant investment. After scaling multiple products from startup to enterprise, I've found five key principles that drive success:
🔹 Think Big, Start Small: Have a grand vision, but start with a focused solution that delivers immediate value. At eXelate, we turned a single-audience solution into an enterprise platform.
🔹 Solve Real Problems: Talk to users and stakeholders frequently; products must serve clear business needs.
🔹 Drive Action, Not Just Insight: Data without action is just overhead. Build products that enable meaningful and measurable impact.
🔹 Blend AI with UX: The most powerful models fail with poor interfaces; a great UX is critical for adoption.
🔹 Scale Strategically: Scale with intent, prioritizing features that lead toward your grand vision and drive sustainable value.
Success isn't about perfect technology; it's about solving the right problems fast.