3 Ways to Boost the ROI of your JIRA Data
Worldwide, there are tens of thousands of JIRA users and even more JIRA data.
Just imagine the diversity in issues, fields, and workflows that JIRA software holds for various organizations.
While the diversity in data is so vast, there is one challenge that all JIRA users encounter and can benefit from:
Learning how to better leverage their JIRA data.
For some organizations, this could mean finding better ways to query, track or report on JIRA data. For others, it comes down to optimizing how their team uses JIRA data.
That's why today, we'll be addressing what it means to better leverage your JIRA data and gain more ROI from your JIRA software.
What's everyone else doing with their JIRA data?
Let's circle back to our initial question. It's an important one: What the heck do you do with all that JIRA data?
It’s one thing to use JIRA, but another thing entirely to use the JIRA data you've stored effectively.
So if you think there might be room for improvement, you're not alone.
Just a few years back, Bain & Company surveyed executives of 400+ companies worldwide and here's what they uncovered:
"[Bain and Company] found that only 4% of companies are really good at analytics, an elite group that puts into play the right people, tools, data and intentional focus."
That's right, only 4% of organizations are optimizing the way they're using their data. So needless to say, there's tons of room for improvement—and that's a good thing.
Fortunately, with the right approach to creating JIRA reports, you can boost ROI and make the most of every data point that’s available to you.
Let me show you how...
Automate administrative tasks
Story points and burndown charts. Exciting right?
Maybe not if that's what you're working with day in, day out.
As much as compiling all this data can sometimes be a drag. (Don't worry, we won't tell your boss!) It's something that's critical to your team's operations and must be done.
Fortunately, a huge part of boosting the ROI of your JIRA data has to do with prioritizing.
When you're able to spend less time achieving the same, if not more ideal results from analyzing your JIRA data that's where you win.
So, with that said, automating administrative tasks like compiling story points and creating burndown charts might be the solution.
WorkMarket’s 2020 In(Sight) Report paints a vivid picture of how this could be effective:
"If you consider that the conventional work week is 40 hours, the data reveals that automation will save employees 6 weeks of time per year, and a full 9 weeks of time for business leaders."
That's time you could be using on other priorities, strategic goals, and personal development.
If you're currently compiling all of your JIRA data out of Google Sheets or Excel, it's time to make a change.
Automate reports and queries and have them run every week, day, or even minute for a live spreadsheet with integrated tools like Kloudio.
You don't have to be a data scientist
JIRA software does such a great job of housing your data and organizing it that you may not even realize there's more that can be done with it.
The fact of the matter is, you might use JIRA but there just isn't the capacity of expertise in your team to report on so much data.
Luckily, JIRA integrations exist to pull data from JIRA a reporting platform of your choice. Some of our top picks are Google Sheets (free and reliable), Microsoft Excel and Kloudio's report builder of course.
If your level of data analysis knowledge is high, starting off with Google Sheets is a fantastic option. Not only is a free, but you take the reins when it comes to controlling the report.
That said if, like most, you're not a data expert, Kloudio's report builder connects to JIRA. It helps to guide users through creating a quality report. Effectively taking away your worries.
Final thoughts on leveraging JIRA data
If JIRA is crucial to your everyday operations, it's time to take into consideration how to make use of the data you have on hand.
As difficult and time-consuming as analysis and reporting may seem, the outcome is often invaluable knowledge that helps inform your organization's strategic decisions.
So tell me, is your team currently managing and reporting on JIRA data? Is so, are you doing so manually or using a tool to help?
Let us know in the comments down below.