•Show data at a high level and then “drill” into it for more detail as required. •Find out how changing certain values (for example, annual budget or time to production) will affect certain outcomes (for example, revenue)—called “what-if” analysis. By using built-in reporting and analysis capabilities in your spreadsheet software, you can convert hard-to-understand rows and columns of data into easy-to-interpret information. For example, by pulling together your financial, inventory, cost, and sales data, you could compare your actual sales against targets, identify which of your products or services are your top sellers (and which make you the most money), and forecast future trends for your business. Conclusion In this module, we discussed a number of advanced technologies plus methods by which you can leverage them for your business. We covered: •Web-based services, which can provide you with enhanced capabilities, often at a lower cost than traditional software and without requiring IT expertise. •Ways that you can store and protect your business data. •Server virtualization technology to make your servers work more efficiently. •Management methods and practices to keep your systems operating reliably and securely. •Collaborative tools to foster better teamwork. •Tips and technologies to help you and your staff to work from anywhere. •Tools to provide you with more insight into your business. Slide 37 Congratulations! Congratulations on completing “Business Technology Simplified – Running Your Business on Your Own Terms”! Remember, this is the second of three modules within the Business Technology Simplified series. Be sure to view the final module as well. Click on the links below to load a module in a new window. You can also download the free eBook version of Business Technology Simplified using the link provided. Click the appropriate link to advance to the final module or exit the course. .