13 Analytics & Business Intelligence Examples Illustrating The Value of BI

datapine

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.

Common Business Intelligence Challenges Facing Entrepreneurs

datapine

“BI is about providing the right data at the right time to the right people so that they can take the right decisions” – Nic Smith. Data analytics isn’t just for the Big Guys anymore; it’s accessible to ventures, organizations, and businesses of all shapes, sizes, and sectors.

6 Data Analytics and Business Intelligence Trends to Fire Up Your Business

DataFloq

Hence to balance it with other business needs and goals, it is a paramount task. Excellent customer satisfaction gives the critical competitive edge for any business nowadays. Almost all the new and resurging technologies solely depend on data. Big Data

Reduce costs with data analytics

Phocas

Your seemingly unimportant data can be used to help your company lower costs which increases profits. When companies gain more experience in analyzing data, the real costs to serve become more visible.

6 Valuable Business Intelligence Lessons From Brexit

Smart Data Collective

The best thing to come out of Brexit is a rulebook of things a business should never do when conceptualizing and putting in place a major decision. Businesses and corporations worldwide could stand to learn a lot from the way Brexit is being handled, both in good ways and bad. Buzzwords can only work well for a business if they carry positive associations. Failure to plan means you plan to fail , and this could be detrimental to a business.

The 10 Best Business Intelligence Tools For Small And Big Business

Smart Data Collective

Big or small, every business needs good tools to analyze data and develop the most suitable business strategy based on the information they get. Having trouble making sense of, analyzing and organizing all the data you’re dealing with? Simplify Business Processes.

3 Approaches to Business Intelligence as a Service

ScienceSoft

To show business intelligence as a service from different angles, we provide two examples from our data analytics outsourcing practice, as well as the research findings

Three ways venture capitalists use data analytics

Phocas

The art of venture capitalism (VC) is being transformed by the science of data analytics. Many startup investors are adopting data-driven decision-making to guide their lead sourcing and investments. Business Intelligence Basics Trends

Can data analytics motivate a sales team to perform better?

Phocas

Sales are a huge part of any business so nurturing a high performing sales team makes good sense. Data analytics have proven to make the sales process more strategic and a great tool to keep sales teams on track. Business Intelligence Basics Job Role - Sales Job Role - Executiv

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What’s the Difference Between Business Intelligence and Business Analytics?

Sisense

For your business to thrive, you need to know what’s working, what’s not, and how to improve. The sheer quantity and scope of data produced and stored by your company can make it incredibly hard to peer through the number-fog to pick out the details you need.

Five benefits of data analytics for your sales branches

Phocas

Your branches are the frontline of your business, leading the charge when it comes to customer interaction and building customer loyalty. Business Intelligence Basics Job Role - Sales Job Role - Executive Industry - Consumer Goods

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How to get your KPIs on track with data analytics

Phocas

Many data analytics vendors give users the ability to measure everything but offer little guidance. At Phocas , we provide you with the ability to measure everything and determine the metrics that really matter to your business.

Why industry specific data analytics is taking off?

Phocas

Having the appropriate data analytics solution is vital to strategic decision making. Cloud technology has facilitated the rise of vertical SaaS data analytics and more bespoke solutions. However, one-size-fits-all solutions don’t always address a company’s specific needs.

Business Intelligence Best Practices and Where to Find Them

ScienceSoft

Alex Bekker, Head of Data Analytics Department at ScienceSoft, talks about true and superficial best practices in business intelligence and recommends the information sources that describe the practices helpful for real-life projects

What is a business intelligence analyst? A role for driving business value with data

CIO Business Intelligence

Business intelligence (BI) analysts transform data into insights that drive business value. Through use of data analytics, data visualization and data modeling techniques and technologies, BI analysts can identify trends that can help other departments, managers and executives make business decisions to modernize and improve processes in the organization.

Business Intelligence and Data Analytics: Making Use of the Alliance

ScienceSoft

We suggest you consider data analytics trends as well. You have a BI solution implemented, but still check recent BI trends? Wisely done! This gives you a great chance to empower your solution

Sales reps may not think they need data analytics. Here’s why they do.

Phocas

Business Intelligence Basics Job Role - Sales Job Role - ExecutiveMany sales reps have a certain way of doing things. Implementing new processes or adding new tools or technologies that attempt to change their habits can often be met with resistance.

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Data analytics benefits you don’t get with Excel alone

Phocas

Many businesses use Excel for good reason. Excel is a best of breed tool for spreadsheets and can be great for a number of things — lists, charts and tables, simple budgets and storing data. However, relying on Excel alone is not enough for reporting needs and business intelligence.

The Rule of Least Power in Data Analytics – Part 1

Kirk Borne

The principle expresses the notion that one should use the least powerful programming language to code a given task, while still meeting the business requirements. In this post, this “doctor of analytics” prescribes this approach for your next analytics project.

The Rule of Least Power in Data Analytics – Part 2

Kirk Borne

In Part 1 of Kirk Borne’s “The Rule of Least Power” , we learned how a computer programming principle can be applied to data science modeling using machine learning algorithms. In this part, you’ll learn about four examples that are highly relevant to today’s data-driven business goals.

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9 Formidable Big Data Analytics Tools for 2019

DataFloq

Typically big data is reckoned by its size, but experts also give credit to information technologies that are assisting analysts in analyzing huge clusters of unstructured data to make sense of data trends, patterns, and anomalies. Big Data

How Data Analytics Tools Eliminate Business Owner Headaches

Smart Data Collective

Big data has the power to transform any small business. However, many small businesses don’t know how to utilize it. One study found that 77% of small businesses don’t even have a big data strategy. Using Big Data to Fix Your Biggest Problems as a Business Owner.

What is Big Data Analytics?

Mixpanel on Data

Companies use big data analytics to uncover new and exciting insights in large and varied datasets. It helps them forecast market trends, identify hidden correlations between data flows, and understand their customers’ preferences in fine detail. Big data also moves fast.

Acquisitions on the Horizon in BI and Data Analytics Industry?

Sisense

Every decade, like clockwork, the Business Intelligence (BI) industry welcomes the next generation of BI platform providers. 2019 can best be described as an era of modern cloud data analytics. Convergence in an industry like data analytics can take many forms. We have seen industry rollups in which firms create a collection of analytical tools under one brand. Cloud Vendor Analytics Acquisition Creating a Cloud-Specific Local Ecosystem?.

The latest edition of The Data & Analytics Dictionary is now out

Peter James Thomas

After a hiatus of a few months, the latest version of the peterjamesthomas.com Data and Analytics Dictionary is now available. Business Glossary (contributor: Tenny Thomas Soman ). Data Architecture – Definition (2). Data Catalogue. Data Community.

Re-Visualizing Business Intelligence, now let’s chat!

Smarten

Since it is the prerogative of a consultant to question and modify predominant jargon, I am hatting (yes, this too is an English word) …I am hatting myself in the hat of a consultant this morning, and I am questioning the application of the term “ Business Intelligence.”

Who Needs Big Data Analytics Software?

Jet Global

Of all the transformative effects the internet has had on the world of business, none is more dramatic than the proliferation of data it has enabled. According to DOMO’s annual report on data generation , over 2.5 Big Business Needs Big Data. Analytics and BI

How Data Analytics Can Help You Grow Your Business

Smart Data Collective

Setting up a business is probably the most difficult part of every entrepreneur’s journey. Well, nowadays you have to predict a variety of things if you want to make smart business decisions. By relying on data analytics. Using data analytics should be a priority.

Phocas celebrates 1000 customers on cloud solution

Phocas

Businesses seek tools to analyze data for improved decision making, and increasingly, they want to leverage cloud solutions to optimize operational efficiency. Phocas cloud data analytics is the combination of these two services.

Turn your customers into data advocates

Phocas

A key benefit of data analytics is the ability to understand the needs of your customers. High performing companies share data with customers to better understand how both can grow. Business Intelligence Basics Job Role - Sales Job Role - Executive

Are you treating your data as an asset?

Phocas

While most executives understand that their data is an asset, many haven’t harnessed the valuable insights accessible with a data analytics solution. Another way at looking at data, if you closed your doors tomorrow, what would the new owner be most interested in? –

Stewart’s of Scotland concentrates on profitability with Phocas

Phocas

Phocas data analytics is exhibiting at the UBT Trade Expo 2019 in Warwick this week. This three-day event is for UK business leaders, and you can meet the Phocas team at stand #10. Business Intelligence Basics Job Role - Sales Job Role - Executive Job Role - Inventory/Operation

Established BI solutions vs. in-house development

Phocas

Management teams are no longer questioning whether or not to dig into the data; rather it’s which is the best tool to use for their businesses: an established, dedicated data analytics solution or software developed in-house.

How to create a report on yesterday’s sales activity

Phocas

Instead, data analytics makes reporting simple, quick and intuitive. Business Intelligence Basics Job Role - Sales Product Job Role - ExecutiveWaiting for traditional reports is often a long and frustrating process.

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Is data the true international language?

Phocas

Business Intelligence Basics Job Role - Sales Job Role - IT Job Role - Executive Job Role - Marketing

Consolidation around Cognos 11.1 and other news from IBM Analytics University

David Menninger's Analyst Perspectives

IBM's Analytics University (held in both Miami and Stockholm) brought about some large changes. Big announcements this year included a consolidation of IBM's Watson Analytics into Cognos 11.1, helping provide some clarity to their analytics offerings, along with new visualizations and better data preparation. For the full breakdown of IBM's Analytics University 2018, and my analysis of all the largest announcements, watch my latest hot take.

Customer big data analytics: an overview

ScienceSoft

Is your business among those taking the most from customer analytics? Read our new business intelligence blog post to check

Dark Clouds on BI Horizon

TDAN

Advancements in the BI/analytics tool space are nothing short of remarkable. As a techno BI geek, I marvel at the sheer “what could be” in business intelligence and decision support arenas. I shouldn’t go to BI tool demonstrations anymore. Don’t get me wrong.

6 Data And Analytics Trends To Prepare For In 2020

Smart Data Collective

We’re well past the point of realization that big data and advanced analytics solutions are valuable — just about everyone knows this by now. Big data alone has become a modern staple of nearly every industry from retail to manufacturing, and for good reason.

How Restaurant Analytics Can Make Your Business More Profitable

datapine

Exclusive Bonus Content: Ready to use data analytics in your restaurant? Get our free bite-sized summary for increasing your profits through data! Data offers the power to gain an objective, accurate, and comprehensive view of your restaurant’s daily functions.