Remove Business Analytics Remove Cost-Benefit Remove Predictive Analytics Remove ROI
article thumbnail

How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE.

article thumbnail

A Guide To The Methods, Benefits & Problems of The Interpretation of Data

datapine

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. Predictive analysis: As its name suggests, the predictive analysis method aims to predict future developments by analyzing historical and current data.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Maximizing Supply Chain Agility through the “Last Mile” Commitment

Cloudera

Retail supply chains are a recognized and proven source of ROI when data analytics are leveraged to improve forecast accuracy and product availability. Additionally, fleet maintenance costs were excessive due to unplanned downtime and the need for additional vehicles needed to anticipate the unplanned vehicle downtime.

article thumbnail

Obtain Business Development With Data Intelligence Tools & Technologies

datapine

You can start by simply choosing from various KPI examples relevant to your business, or continue reading to delve into the benefits and real-life business scenarios of utilizing intelligence and data. The Benefits Of Data Intelligence. Primary KPIs : Treatment Costs. Data Intelligence In The Real World.

article thumbnail

Advanced Data Discovery and Augmented Analytics: Simple, Sophisticated Tools for Business Users

Smarten

The world of business analytics has changed dramatically in the past few years. If your business is looking to upgrade BI tools or to begin implementing an analytics solution, the solution must be user friendly for business users. The benefit of auto-suggestion and auto-recommendation is easy to understand.

article thumbnail

6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. Ultimately, business intelligence and analytics are about much more than the technology used to gather and analyze data.