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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

And since no one except CIOs has the technical nerve of a business; they are seizing the opportunity to increase value to the organization while positioning themselves as thought leaders. . While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics.

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Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Giving the most ROI? 5) Which statistical analysis techniques do you want to apply? There are dozens of statistical analysis techniques that you can use. How will they apply your reports?

IT 317
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Financial Dashboard: Definition, Examples, and How-tos

FineReport

A financial dashboard, one of the most important types of data dashboards , functions as a business intelligence tool that enables finance and accounting teams to visually represent, monitor, and present financial key performance indicators (KPIs). These reports include the cash flow statement, income statement, and balance sheet.

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Human-centered design and data-driven insights elevate precision in government IT modernization

IBM Big Data Hub

This strategy is not based on a “gut feel” or anecdotal knowledge of a few individuals, but on a well-documented, expansive set of findings, business analysis and calculated projections. This approach also provides a framework that is fully transparent and traceable to the source of every finding and decision.

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The Magic of Universal Analytics: Strategy, Tactics, Implementation Tips

Occam's Razor

In a Q&A after a keynote a couple of years ago, I was asked: " When will traditional business analysis subsume the web analytics silo? " " My reply: " All business will ultimately be digital, so, if anything, web analytics will subsume business analysis! " Business analysis.

Strategy 151
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The Market Motive Master Certification Manifesto: Web Analytics

Occam's Razor

Focus on learning the frameworks (there are so many of these throughout the course: the So What test, the PALM rule, the Web Analytics Measurement Model, the KPI life-cycle, the 10 principles of amazing business analysis, etc., Not your ability to pull a metric or a report out of your bff tool. Custom report.

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How To Find And Resolve Blind Spots In Your Data

Smart Data Collective

Fortunately, there are specialized software options that can discover the data your company has — dark or otherwise — and clean it so that you can eventually use the data to meet your business analysis goals. A mere 5% of companies said they had no dark data in the public cloud, and 61% reported classifying less than half of it.

ROI 102