Jen Stirrup

JANUARY 2, 2020

I conducted a workshop in Florida recently, aimed at helping people to move from Business Intelligence to Analytics. I have added some guidelines for using Power BI with marketing and sales data. Overview of Analytics for Marketing. Part 2 – Overview of Analytics for Marketing.

Business Intelligence 75

Business Intelligence Analytics Sales Big Data 75

CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics vs. business analytics.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

datapine

MARCH 25, 2022

1) What Is Business Intelligence And Analytics? 4) How Do BI And BA Apply To Business? If someone puts you on the spot, could you tell him/her what the difference between business intelligence and analytics is? What’s the difference between Business Analytics and Business Intelligence?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smart Data Collective

MARCH 25, 2021

Business reporting has been around for a long time but the tools and techniques of business intelligence have refined over time and now with the recent popularity of data driven business approach, data has been identified as the most valuable asset of a business and data analytics and reporting has finally found a key place in the business world.

Data-driven 124

Data-driven Analytics Business Intelligence Dashboards 124

Jen Stirrup

SEPTEMBER 19, 2019

360 Orlando and I’m presenting a workshop on From Business Intelligence to Business Analytics with the Microsoft Data Platform. Data becomes relevant for decision making when we start to use it properly, so this workshop will demonstrate the use of analytics for real-life use cases.

Business Analytics 40

Business Analytics Analytics Statistics Dashboards 40

CIO Business Intelligence

JANUARY 20, 2023

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

Business Intelligence 144

Business Intelligence Dashboards Data mining OLAP 144

IBM Big Data Hub

AUGUST 28, 2023

It’s no wonder then that Macmillan needs sophisticated business intelligence (BI) and data analytics. For more than 10 years, the publisher has used IBM Cognos Analytics to wrangle its internal and external operational reporting needs.

Publishing 54

Publishing Analytics Business Intelligence Operational Reporting 54

datapine

OCTOBER 7, 2020

But let’s start with the basics of business operations, and provide foundations for analyzing your own metrics and KPIs while focusing on industry and company department-specific examples that a business can use for its own development. Retail: Sales by Region. Sales: Lead-to-Opportunity Ratio.

KPI 269

KPI Metrics Sales Visualization 269

datapine

SEPTEMBER 11, 2019

Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. 1) Improving The Decision-Making Process.

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52

Smart Data Collective

JULY 23, 2023

Data can feel like an inaccessible word for small businesses. You want to use business intelligence effectively, but you feel that you don’t have the resources at your disposal to do so. This is a particularly valuable asset for businesses that are selling directly to consumers.

Analytics 73

Analytics Advertising Business Intelligence Risk 73

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. 2) Top Business Intelligence Features. b) Analytics Features. Benefits Of Business Intelligence Software. 17 Top Features Of Business Intelligence Tools. No matter the business size, companies are collecting data from multiple sources.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

Smart Data Collective

NOVEMBER 18, 2021

Big data and business intelligence are essential. The shopping experience is everything to B2B sales – especially since the buying cycle is longer. It is a vital to any company that wants to succeed in all but the least competitive markets. However, the success of a big data strategy relies on its implementation.

Data Strategy 125

Data Strategy B2B Strategy Big Data 125

Smarten

JUNE 29, 2018

Business Problem: An eCommerce company wants to measure the impact of product price on product sales. The dependent variable is product sales data for last year. Business Benefit: The product sales manager can identify the amount and direction of product price impact on product sales. Use Case – 2.

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

Business Problem: An ecommerce company wants to measure the impact of product price, product promotions, and holiday seasonality on product sales. The dependent variable is product sales data. For the predictors with the most impact, the team can make important strategic decisions to meet product sales targets.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 26, 2018

Business Problem: A pharmaceutical company wants to predict the sales of a drug for the next two months, based on drug sales data from the past 12 months. Business Benefit: The business can make use of these forecasts for better planning of drug production and accuracy of sales targets. About Smarten.

Forecasting 40

Forecasting Enterprise IT Sales 40

Smart Data Collective

DECEMBER 10, 2020

The following are three ways AI can help small businesses succeed. AI Helps Small Businesses Stay Ahead of the Competition. Small businesses are using AI at an increasing rate to become better engaged with their customers. This increases sales and profit margins. AI Can Be Used to Train a Sales Team.

Sales 93

Sales Interactive Advertising Visualization 93

IBM Big Data Hub

SEPTEMBER 19, 2023

Data analytics is a task that resides under the data science umbrella and is done to query, interpret and visualize datasets. Business users will also perform data analytics within business intelligence (BI) platforms for insight into current market conditions or probable decision-making outcomes.

Data Science 84

Data Science Data Analytics Prescriptive Analytics Analytics 84

datapine

APRIL 14, 2022

When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. After all, these are some pretty massive industries with many examples of big data analytics, and the rise of business intelligence software is answering what data management needs. 8) The MagicBand.

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

Smarten

JUNE 29, 2018

For example, sale of ice cream and the sale of cold drinks are related to weather conditions. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Enterprise 40

Enterprise IT Statistics Business Intelligence 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

How is the Paired Sample T Test Beneficial to Business Analysis? Marketing – Have sales increased following a particular campaign? Business Problem: A grocery store sales manager wants to know whether daily sales have increased after an advertising campaign. Here the dependent variable would be ‘Daily sales’.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smart Data Collective

MAY 19, 2021

Business likes specifics. If there are sales, the management needs to know exactly how much product was sold today, how much last month, how much more or less compared to last year. BI (Business Intelligence) systems exist to solve problems. When business intelligence is needed?

Business Intelligence 94

Business Intelligence Sales Reporting Visualization 94

Smarten

JUNE 25, 2018

Business Problem: Discount Analysis and Customer Retention will help the organization to target discounts to specific customers and the business will need to visualize ‘segments of sales group based on discount behavior’ and ‘customer churn to identify segments of customers on the verge of leaving’. About Smarten.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

FineReport

JULY 6, 2022

With the advancement of digitization, various business intelligence tools have gradually emerged. Some BI tools are devoted to helping companies’ data analysis and business information management, gradually becoming the leaders of the BI market. Tableau has an agent sales model. From FineReport. Target Audience.

Dashboards 52

Dashboards Visualization Business Intelligence Reporting 52

Smarten

JUNE 29, 2018

Business Problem: A Grocery store sales manager wants to know whether customer segment A spends 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. Use Case – 2. About Smarten.

Testing 40

Testing Statistics IT Business Intelligence 40

IBM Big Data Hub

DECEMBER 16, 2022

Today’s data leaders are expected to make organizations run more efficiently, improve business value, and foster innovation. Their role has expanded from providing business intelligence to management, to ensuring high-quality data is accessible and useful across the enterprise.

Enterprise 52

Enterprise Data Architecture Data-driven ROI 52

Smarten

JUNE 29, 2018

ARIMAX provides forecasted values of the target variables for user-specified time periods to clearly illustrate results for planning, production, sales and other factors. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

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

IBM Big Data Hub

NOVEMBER 2, 2022

Even more, organizations need the ability to bring data insights to the right users to make faster, more effective business decisions amid unpredictable market changes. Meeting business goals with data insights. In doing so, they are putting their data to work to better meet their business objectives.

Data-driven 62

Data-driven Business Analytics Analytics Forecasting 62

Smart Data Collective

MAY 4, 2021

It’s important to get your customer base right – after all, targeting the wrong audience could mean that although you have an amazing product or service to offer, it simply won’t get the interest and sales that it deserves because you are advertising to the wrong people.

Advertising 134

Advertising Marketing Data Collection Data Analytics 134

Jet Global

JULY 11, 2019

Although it’s been around for decades, predictive analytics is becoming more and more mainstream, with growing volumes of data and readily accessible software ripe for transforming. In this blog post, we are going to cover the role of business intelligence in demand forecasting, an area of predictive analytics focused on customer demand.

Business Intelligence 72

Business Intelligence Forecasting Predictive Analytics Data Warehouse 72

Sisense

FEBRUARY 1, 2021

As we clarify the functional distinction between the two types of frameworks and summarize the rationale for choosing one or the other, an exciting new event in the evolution of product life cycle management emerges: The application of machine-learning-based (ML) analytics is sharpening PLM frameworks.

Management 52

Management Analytics Manufacturing Cost-Benefit 52

Sisense

JULY 6, 2020

Analytics and data are changing every facet of our world. In The State of BI & Analytics , we expand on our original research, keeping you ahead of the curve on the world of analytics, data, and business intelligence. The current global pandemic has united us all and challenges the way we do business.

Data-driven 81

Data-driven Uncertainty Reporting Analytics 81

Birst BI

JANUARY 16, 2018

When you hear the words “artificial intelligence,” (AI) what’s the first thing you think of: robots doing backflips , Alexa , medical diagnostic innovations or something else? If you’re a business intelligence (BI) and analytics application user, it’s likely that “data-driven insight to the masses” will soon be top-of-mind.

Data-driven 70

Data-driven Analytics Dashboards Machine Learning 70

datapine

FEBRUARY 9, 2024

For those who want to experiment with less-explored, off-the-beaten-track KPIs, there are two standard practices for evaluation that can help businesses determine whether those particular performance indicators will be effective: the “SMARTER” criteria and the “Six A’s.” Sales: Where do we stand regarding our targets?

KPI 221

KPI Management Key Performance Indicator Measurement 221

Jet Global

OCTOBER 1, 2019

Although it’s been around for decades, predictive analytics is becoming more and more mainstream, with growing volumes of data and readily accessible software ripe for transforming. In this blog post, we are going to cover the role of business intelligence in demand forecasting, an area of predictive analytics focused on customer demand.

Business Intelligence 40

Business Intelligence Forecasting Predictive Analytics Data Warehouse 40