datapine

OCTOBER 7, 2020

Identifying what is working and what is not is one of the invaluable management practices that can decrease costs, determine the progress a business is making, and compare it to organizational goals. But first, let’s begin with a general understanding of key metrics and their usage in business. Marketing: CPC (Cost-per-Click).

KPI 269

KPI Metrics Sales Visualization 269

Smarten

JUNE 28, 2018

This article discusses the analytical method of Hierarchical Clustering and how it can be used within an organization for analytical purposes. Business Benefit: Once the segments are identified, marketing messages and products can be customized for each segment. What is Hierarchical Clustering? About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smart Data Collective

JUNE 8, 2023

many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. The Sports Analytics Market is expected to be worth over $22 billion by 2030. We have mentioned that golf players have used data analytics to improve performance.

Data Analytics 82

Data Analytics Analytics Data Collection Statistics 82

Smarten

JUNE 25, 2018

This article provides a brief explanation of the KMeans Clustering algorithm. KMeans Clustering can be applied to segment customers by purchasing history, segment users by the activities they perform on a website, define demographic profiles based on interests, and recognize market patterns. What is the KMeans Clustering algorithm?

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Sisense

FEBRUARY 1, 2021

This distinction can sometimes be blurred by the various marketing efforts of software apps. An enterprise software selection team should represent all aspects of business to ensure the company makes a decision that will fit the needs of all stakeholders. We’ll begin by defining PDM as an integral part of PLM.

Management 52

Management Analytics Manufacturing Cost-Benefit 52

Smarten

JUNE 26, 2018

This article describes chi square test of association and hypothesis testing. This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. This analytical technique can be used for numerous purposes. Use Case – 1. Use Case – 2. About Smarten.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 20, 2018

In this article, we will focus on the identification and exploration of data patterns and the trends that data reveals. The business can use this information for forecasting and planning, and to test theories and strategies. In this article, we have reviewed and explained the types of trend and pattern analysis. About Smarten.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

FineReport

APRIL 11, 2023

In today’s fast-paced business environment, making informed decisions based on accurate and up-to-date information is crucial for achieving success. With the advent of Business Intelligence Dashboard (BI Dashboard), access to information is no longer limited to IT departments.

Dashboards 40

Dashboards Business Intelligence Cost-Benefit Metrics 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. For instance, if promotions and holiday seasons are significant factors, these factors should be given more focus when devising a marketing strategy. What is Multiple Linear Regression Analysis? Use Case – 2. About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 27, 2018

In this article, we will discuss the Decision Tree analysis method. Similarly, regression trees can also be used to identify the market segment, identifying who is more likely to respond to a future mailing. What is Decision Tree Analysis? There are two basic types of decision tree analysis: Classification and Regression.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article focuses on the Independent Samples T Test technique of Hypothesis testing. Marketing – Does customer segment A spend more on groceries than customer segment B? Based on this value, the grocery store manager can decide on its marketing strategies for better sales and increased revenue. About Smarten.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. Business Problem: A market research agency wants to cluster various survey responders into groups, based on the rank correlation output. What is Spearman’s Rank Correlation? Use Case – 2. About Smarten.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

FineReport

OCTOBER 21, 2019

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. From Google.

Visualization 91

Visualization Cost-Benefit Dashboards Software 91

datapine

FEBRUARY 17, 2023

That said, to efficiently harness the insights readily available at their fingertips and convert them into initiatives that set them apart from their competitors, companies must leverage superior analytical tools, resources, and platforms. Enter embedded analytics and white label business intelligence.

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

CIO Business Intelligence

FEBRUARY 27, 2023

He reached out to a range of people in the Black IT community, from entry-level professionals to those in the C-suite, spotlighting their work in profile articles and featuring them on his podcast. Growing the BIT community From the outset, Greenlee shared BIT with anyone he met who felt “discouraged about the state of the tech industry.”

Technology 105

Technology Data Processing IT Interactive 105

Smarten

JUNE 29, 2018

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. How is the Paired Sample T Test Beneficial to Business Analysis? Marketing – Have sales increased following a particular campaign? What is the Paired Sample T Test? is the same in two related groups. About Smarten.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

datapine

JULY 24, 2019

Approaches to communication are changing, and success in today’s technology-driven world correlates directly to the quantity rather than the quality of one’s information—metrics relating to the business, the client, the competitor, and the market. Thanks to specific business intelligence best practices for dashboard design.

Dashboards 148

Dashboards Business Intelligence Visualization KPI 148

Sisense

JUNE 5, 2020

Marketers are constantly communicating to consumers the advantages of their brand’s products—whether faster, cleaner, stronger, or cheaper. The key for product managers and product marketers is to target the unique qualities that consumers are willing to pay a premium for and emphasize those differentiators in the marketplace.

Analytics 89

Analytics Manufacturing Business Intelligence Data-driven 89

Sisense

DECEMBER 12, 2019

This is a summary article. Building a data-driven business includes choosing the right software and implementing best practices around its use. Our Business Perspectives help you make smarter decisions no matter where you are in your analytics journey. Read the complete company’s BI budget guide here.

Business Intelligence 88

Business Intelligence Software Data-driven Visualization 88

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 4) How To Create A Business Intelligence Strategy. Odds are you know your business needs business intelligence (BI). In response to this increasing need for data analytics, business intelligence software has flooded the market.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

CIO Business Intelligence

APRIL 15, 2022

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 145

Analytics Machine Learning Insurance Testing 145

datapine

JANUARY 31, 2022

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Your Chance: Want to try a professional BI analytics software? Experience the power of Business Intelligence with our 14-days free trial!

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

FineReport

NOVEMBER 25, 2020

Dashboard reporting refers to putting the relevant business metrics and KPIs in one interface, presenting them visually, dynamic, and in real-time, in the dashboard formats. This article will review the best 10 dashboard tools covering different areas, including open source and free software. Welcome to take advantage of it!

Dashboards 98

Dashboards Reporting Visualization Snapshot 98

Domino Data Lab

JULY 22, 2019

It’s like why on earth would any business people care about anything called tensor? Now, Google is spending what, 10 figures marketing TensorFlow? But the business logic kept getting more and more progressively rolled back into the middle layer, also called application servers, web servers, later being called middleware.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109

Smarten

JUNE 26, 2018

This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions. What is the FP Growth Algorithm?

Business Intelligence 40

Business Intelligence Sales Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

In this article, we discuss the analytical method known as frequent pattern mining, previously known as ‘association’ What is Frequent Pattern Mining? Cross Marketing and Selling – To work with other businesses that complement your own, not competitors. Use Case – 1. Use Case – 2.

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

Sisense

APRIL 14, 2020

Data is everywhere and every company is focused on what to do with their available data stores: customer journey follow-ups, harvesting precious behavioral insights, performing market analyses, and uncovering sales predictions through Machine Learning, just to name a few. Defining a social network. However, that is not the only case.

Machine Learning 105

Machine Learning Measurement People Analytics Sales 105

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools. About Smarten.

Analytics 40

Analytics Forecasting Statistics Sales 40

Peter James Thomas

AUGUST 12, 2018

This article is about facts. These normally appear at the end of an article, but it seemed to make sense to start with them in this case: Recently I published Building Momentum – How to begin becoming a Data-driven Organisation. Facts are sometimes less solid than we would like to think; sometimes they are downright malleable.

Metrics 49

Metrics Statistics Data Quality Measurement 49

Peter James Thomas

OCTOBER 1, 2019

Given this, I have used The Dictionary entries as a basis for this slightly expanded article on the subject of chart types. This article will cover some of the most frequently used Chart types, which appear in alphabetical order. The diagram above is a bipartite quasi-histogram [3] that I created to illustrate another article.

Sales 61

Sales Measurement Statistics Data Architecture 61

datapine

NOVEMBER 27, 2019

Over the past decade, business intelligence has been revolutionized. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

NOVEMBER 26, 2023

The Benefits of Business Intelligence (BI) As the Business Intelligence solution market evolves, it may be difficult for an organization to know when to invest in these tools, and which tools are best for enterprise and user needs. What is self-serve BI? What is data democratization? What is data literacy?

Business Intelligence 40

Business Intelligence Data-driven Reporting Advertising 40

Smarten

JUNE 25, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. Business Problem: Find out the average age and income for a particular type of product category purchased. For example, median is a better measure than mean if the business wishes to get an accurate picture.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

datapine

MAY 17, 2021

As we mentioned at the beginning of this article, the big data industry has shown exponential growth in the past decade. There are tools that currently exist in the form of business intelligence software – platforms that have been specifically designed to improve traditional BI capabilities. 2) Be quick.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

Depict Data Studio

SEPTEMBER 17, 2019

Select a Software Program , I’ll provide an overview of my favorite software programs so you can understand the strengths and weaknesses of the major players in the market. . David has extensive experience working with claims data, including for Medicaid, Medicare, and Commercial lines of business. Select a Software Program.

Visualization 40

Visualization Consulting Dashboards Reporting 40

IBM Big Data Hub

AUGUST 4, 2023

In this article, we’ll explore the benefits of data democratization and how companies can overcome the challenges of transitioning to this new approach to data. Data mesh Another approach to data democratization uses a data mesh , a decentralized architecture that organizes data by a specific business domain.

Data Architecture 64

Data Architecture Data Lake Machine Learning Data Governance 64

Smarten

JUNE 21, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. For more information about data trend and pattern analysis techniques, read our article entitled, ‘ What Are Data Trends and Patterns, and How Do They Impact Business Decisions?’

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40