Remove Business Intelligence Remove Dashboards Remove Measurement Remove Uncertainty
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How to Move from Real-Time Data to Real-Time Decisions

CIO Business Intelligence

In How to Measure Anything , Douglas Hubbard offers an alternative definition of “measurement” to the Oxford English Dictionary’s “the size, length, or amount of something.” Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”.

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How Data Can Help You Manage Extreme Change

Sisense

From daily operations and managing inventory to building virtual events to replace in-person ones, there are new threats to maintaining business continuity. To effectively identify what measures need to be taken, analytics can help to summarize and predict how companies should evolve to survive in a challenging environment.

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Why Analytics Are Essential in Times of Crisis

Sisense

One area they refused to cut, however, was their business intelligence program. BA claimed that a continued investment in analytics during the crisis was a critical factor to streamlining marketing activities and thwarting fraudulent bookings when their business was especially fragile.

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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Modern business intelligence (BI) tools can result in inefficiencies too. And it’s possible to become lost in the minutiae of the many different metrics available to measure an organisation’s AR capabilities. Analysing the necessary data is a massive undertaking, and one that can draw finance professionals away from other tasks.

Finance 98
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Bridging the Gap: How ‘Data in Place’ and ‘Data in Use’ Define Complete Data Observability

DataKitchen

The uncertainty of not knowing where data issues will crop up next and the tiresome game of ‘who’s to blame’ when pinpointing the failure. Data engineers ensure that all the ingested, processed, and transformed data culminates in actionable, reliable products—be it a predictive model, a dashboard, or a data export.

Testing 176
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Fact-based Decision-making

Peter James Thomas

This piece was prompted by both Olaf’s question and a recent article by my friend Neil Raden on his Silicon Angle blog, Performance management: Can you really manage what you measure? It is hard to account for such tweaking in measurement systems. Some relate to inherent issues with what is being measured.

Metrics 49
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What it Means to be a Data-driven Financial Institution

Sisense

To thrive in the age of accelerated digital, modern financial institutions need access to actionable business intelligence. Without leveraging this information, businesses can easily fall into the same patterns that can stunt growth–failing to attract new customers and even leaving themselves open to security risks.