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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

Analytics is becoming more important than ever in the world of business. Over 70% of global businesses use some form of analytics. For both reasons, the role of CIOs has to embrace automation and analytical thinking in strategizing the organization’s initiatives. is at the doorstep. and shall touch USD 65.4

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What is a business analyst? A key role for business-IT efficiency

CIO Business Intelligence

What is a business analyst? Business analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements, and deliver data-driven recommendations and reports to executives and stakeholders.

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Smarten

This article describes the analytical technique of multiple linear regression. What is Multiple Linear Regression Analysis? To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). Use Case – 1.

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What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

Smarten

How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. The closer this value is to 0, the weaker the relationship/association is between both variables. Use Case – 1.

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What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

Smarten

How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Let’s look at two use cases to better understand the benefit of this technique in business analysis. Therefore, the treatment was not effective. Use Case – 1.

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Business Dashboard: Door To Acute Business Insights

FineReport

One of the vital reasons people resort to business dashboard is the visualization of data. Business dashboard combines numbers and charts to transform a large amount of texts and data into dynamic line graphs, fan graphs and other forms of visualization. Mobile visualization of business dashboard of FineReport.

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Top 5 BI tools of 2019: Comparison and How to decide

FineReport

With business intelligence(BI) tools play a more critical role in the enterprises, the technology is poised for an oversized effect in the coming year. BI software assists businesses with data display and analytics to help companies discover the situations, market challenges, as well as the chance. Pro: R script visualization.