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What is Modern BI and How is it Different From Traditional BI?

Smarten

Business Intelligence isn’t new but the way we gather, analyze and digest this intelligence is definitely changing. In the past, business intelligence was delivered to senior executives by IT and/or business analysts.

IT 52
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Digital listening reveals 3 leading innovation drivers

CIO Business Intelligence

higher [in 2022] than in 2017.” The inherent capabilities of AI–to process vast amounts of data and use learned intelligence to make decisions with extraordinary speed–enable opportunities uncovered through digital listening. McKinsey & Company’s 2022 Global Survey on AI says , “AI adoption globally is 2.5x

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Perform time series forecasting using Amazon Redshift ML and Amazon Forecast

AWS Big Data

When the model is ready, it can be accessed using SQL from within Amazon Redshift using any business intelligence (BI) tool. The OBJECTIVE parameter specifies a metric to minimize or maximize the objective of a job. In our case, we use Amazon Redshift Query Editor v2.0 to create forecast tables and visualize the data.

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How data became the secret sauce to commercial and customer success in the 21st century

Data Insight

As a result, there’s a dizzying amount of data at our fingertips, which has created a whole new level of business intelligence for companies to capitalise on. That’s a massive shift in quite a short time frame from traditional metrics without us even realising it.

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Fact-based Decision-making

Peter James Thomas

Pertinence and fidelity of metrics developed from Data. Metrics are seldom reliant on just one data element, but are often rather combinations. For example: Is this a good way to define New Business Growth? Do we need to take account of pricing changes between Repeat Business this year and last year?

Metrics 49
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13 Essential Data Visualization Techniques, Concepts & Methods To Improve Your Business – Fast

datapine

Recent studies discovered that the use of visualizations in data analytics could shorten business meetings by 24%. Moreover, a business intelligence strategy with visualization capabilities boasts a ROI of $13.01 back on every dollar spent. c) Pie charts. d) Gauge charts. d) Area chart.

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Themes and Conferences per Pacoid, Episode 6

Domino Data Lab

People who attended JupyterCon 2017–2018 can attest, an “industry poster session” includes an open bar, catered hors d’oeuvres, lots of mingling … to paraphrase feedback from JupyterCon, “As a tech person, would I get up extra early to meet strangers for coffee at 8:00 am? Katherine Twomey, Gert Westermann (2017). This is not that.