Smart Data Collective

NOVEMBER 24, 2020

In response to the global Coronavirus pandemic, businesses are adopting a series of new, innovative digital technologies. Business intelligence is emerging as a new point of differentiation to help them stand out amongst their competitors. Business intelligence has changed the nature of company engagement in countless ways.

Business Intelligence 114

Business Intelligence Big Data Cost-Benefit Forecasting 114

Jedox

APRIL 8, 2021

Effective decision-making must be based on data analysis, decisions (planning) and the execution and evaluation of the decisions and its impact (forecasting). Business Intelligence (BI) and Enterprise Performance Management (EPM) solutions aim to support effective decision-making. What is Business Intelligence?

Business Intelligence 89

Business Intelligence IT Forecasting Data Warehouse 89

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

AWS Big Data

APRIL 11, 2023

Forecasting is another critical component of effective inventory management. Accurately predicting demand for products allows businesses to optimize inventory levels, minimize stockouts, and reduce holding costs. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue.

Forecasting 72

Forecasting Management IoT Data-driven 72

FineReport

JULY 26, 2021

Today, almost all businesses are investing more on business intelligence (BI). What is business intelligence strategy? A business intelligence strategy is a framework that enables enterprises to use right BI tools to analyze the right data and then report to the right people to aid making right decisions.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

Today, almost all businesses are investing more on business intelligence (BI). What is business intelligence strategy? A business intelligence strategy is a framework that enables enterprises to use right BI tools to analyze the right data and then report to the right people to aid making right decisions.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 22, 2021

What is business intelligence?. Business Intelligence(BI) is defined as the concept of using modern data warehouse technology, online analysis and processing technology, data mining and data display technology for data analysis to achieve business value. Real-world examples of business intelligence.

Business Intelligence 52

Business Intelligence Sales Marketing Forecasting 52

CIO Business Intelligence

FEBRUARY 13, 2024

The new features appear in its Oracle Transportation Management and Oracle Global Trade Management applications, and include expanded business intelligence capabilities, enhanced logistics network modelling, a new trade incentive program, and an updated Transportation Management Mobile application. billion annually in 2026, up from $5.3

Management 122

Management Forecasting Machine Learning Business Intelligence 122

Jet Global

JUNE 5, 2019

Data drives everything in the business world, from manufacturing to supply chain logistics to retail sales to customer experience to post-sale marketing and beyond, data holds the secrets to making processes more efficient, production costs cheaper, profit margins higher and marketing campaigns more effective. READ BLOG POST.

Data mining 75

Data mining Business Intelligence OLAP Key Performance Indicator 75

Jet Global

FEBRUARY 9, 2022

February 9, 2022 – Logi Analytics , an insightsoftware company, today announced it has been named a winner for Embedded Business Intelligence (BI) in the 2021 Technology Innovation Awards by Dresner Advisory Services. Dresner Advisory Services was formed by Howard Dresner, an independent analyst, author, lecturer, and business adviser.

Business Intelligence 52

Business Intelligence Analytics Data mining Software 52

Smarten

APRIL 16, 2024

But, what if you could take your Tally solution to the next level with integrated analytics that will allow your business professionals to add value to clients and colleagues by analyzing data across the Tally modules to discover trends, patterns, and data insight and forecast and predict results.

Key Performance Indicator 52

Key Performance Indicator Analytics Business Intelligence Dashboards 52

Sisense

FEBRUARY 18, 2021

Data scientists have developed multiple predictive analytics models, each tailored to different functions: Forecast models use multiple input types to estimate future outcomes: how long an engine component will last, how many in-store customers to expect on a given day, how much of an item you should keep in inventory, etc.

Predictive Analytics 66

Predictive Analytics Business Intelligence Analytics Manufacturing 66

Smarten

JANUARY 31, 2019

Many organizations have grown comfortable with their business intelligence solution, and find it difficult to justify the need for advanced analytics. How is Advanced Analytics Different from Business Intelligence? Advanced Analytics is the logical tool to help a business optimize its investments and achieve its goals.

Business Intelligence 40

Business Intelligence Analytics Predictive Modeling Forecasting 40

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? This analytical forecasting method is suitable for instances when data is stationary/non stationary and is univariate, with any type of data pattern, i.e., level/trend/seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Sales 40

datapine

MAY 2, 2023

The rise of SaaS business intelligence tools is answering that need, providing a dynamic vessel for presenting and interacting with essential insights in a way that is digestible and accessible. On the contrary, without using the right tools, intelligence, and insights, you’ll likely find yourself forever on the back foot.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

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? We already saw earlier this year the benefits of Business Intelligence and Business Analytics.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

CIO Business Intelligence

APRIL 29, 2024

IDC has forecast that spending on AI solutions will grow 27% per year to $423 billion by 2027. IT decision-makers know that generative AI is the most disruptive technology in decades and are budgeting accordingly. Check out the infographic below for AI adoption predictions, including tips for staying prepared.

Forecasting 121

Forecasting Technology IT 121

CIO Business Intelligence

JULY 5, 2022

What are the benefits of business analytics? Business analytics also involves data mining, statistical analysis, predictive modeling, and the like, but is focused on driving better business decisions. What is the difference between business analytics and business intelligence? This is the purview of BI.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

CIO Business Intelligence

APRIL 30, 2024

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 over the 2023-2027 forecast period 1. 1 IDC forecasts spending on GenAI solutions will double in 2024 and grow to $151.1

Forecasting 105

Forecasting Optimization Advertising IoT 105

Smart Data Collective

MAY 13, 2022

In addition, several enterprises are using AI-enabled programs to get business analytics insights from volumes of complex data coming from various sources. AI is undoubtedly a gamechanger for business intelligence. The time spent on analysis can affect daily business decisions and strategic actions.

Business Analytics 134

Business Analytics Analytics Unstructured Data Data-driven 134

Paris Technologies

JUNE 26, 2018

The budgeting and forecasting process for most organizations is long and tedious and occurs on an annual basis, at least. Companies try to do it more often to improve accuracy and aim to ultimately implement a procedure for continuous planning or rolling forecasts.

Forecasting 60

Forecasting IT Business Intelligence Management 60

Octopai

AUGUST 8, 2023

Battle Creek, Michigan — July 18, 2023 — Octopai, a global leader in data lineage and business intelligence automation, and Demand Chain AI, a pioneer in AI-driven demand forecasting and supply chain optimization, have today announced a strategic partnership.

Digital Transformation 52

Digital Transformation Metadata Forecasting Data-driven 52

CIO Business Intelligence

JANUARY 19, 2024

More than 120 ‘flavors’ to handle When your company is dealing with today’s volatile market, a variety of products, and a supply chain covering 120+ countries – each with its own rules and processes – demand planning, including forecasting, can get a bit gut-wrenching. Such was the case with Danone.

Forecasting 122

Forecasting IT Digital Transformation Machine Learning 122

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. It enables a centralized repository of information and provides real-time visibility into the entire business.

Key Performance Indicator 88

Key Performance Indicator Forecasting Data Integration Sales 88

CIO Business Intelligence

APRIL 5, 2022

Optimas Solutions, a manufacturer and distributor of fasteners, is using data analytics in three critical areas to improve operations and relationships with its suppliers and customers, says Mark Korba, vice president of supply chain and business intelligence at the company. Supporting an increasingly complex supply chain.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

CIO Business Intelligence

MAY 12, 2022

The tool builds heavily on business intelligence and reporting by treating predictions as just another column in the analytics presentation. One of the oldest statistics and business intelligence packages from SAS has grown stronger and more capable with age. A free plan allows experimentation.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

CIO Business Intelligence

JUNE 2, 2020

Data visualization platform Tableau is one of the most widely used tools in the rapidly growing business intelligence (BI) space and individuals with skills in Tableau are in high demand.

Analytics 125

Analytics Visualization Forecasting Data-driven 125

CIO Business Intelligence

MARCH 2, 2023

Despite a tumultuous couple of months, strong user uptake of Tableau business intelligence and MuleSoft data automation and integration software fueled a surprising 14% year-over-year jump in revenue for Salesforce’s fourth quarter. Artificial Intelligence, Business Intelligence and Analytics Software, Technology Industry

Internet of Things 124

Internet of Things IoT Business Intelligence Software 124

CIO Business Intelligence

APRIL 4, 2024

To keep up, Redmond formed a steering committee to identify opportunities based on business objectives, and whittled a long list of prospective projects down to about a dozen that range from inventory and supply chain management to sales forecasting. “We We don’t want to just go off to the next shiny object,” she says. “We

Enterprise 134

Enterprise Cost-Benefit Forecasting Strategy 134

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated. Decision support systems are generally recognized as one element of business intelligence systems, along with data warehousing and data mining. Forecasting models. Optimization analysis models.

Data mining 144

Data mining Data-driven Statistics OLAP 144

CIO Business Intelligence

JULY 23, 2021

Data visualization platform Tableau is one of the most widely used tools in the rapidly growing business intelligence (BI) space and individuals with skills in Tableau are in high demand.

Visualization 87

Visualization Forecasting Data-driven Business Intelligence 87

CIO Business Intelligence

JUNE 7, 2022

In business analytics, this is the purview of business intelligence (BI). Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

APRIL 14, 2023

They faced obstacles such as a prolonged budget process, manual forecasting, and no product profitability. To address these challenges, Al Rabie partnered with 1Direction Global, a top solution provider in Financial and Operational Performance Management and Consulting, and a Gold Business Partner with IBM since 2018.

Forecasting 77

Forecasting Sales Dashboards Reporting 77

CIO Business Intelligence

APRIL 29, 2024

Gartner, in an IT spending forecast released in April, predicted that 22% of all smartphones shipped this year will be AI-enabled, rising to 32% in 2025, and 56% in 2026. AI-enabled smartphones, those containing chips powerful enough to run AI applications, are already coming to the market.

Experimentation 135

Experimentation Forecasting Risk Consulting 135

David Menninger's Analyst Perspectives

JANUARY 24, 2023

Developing accurate forecasts requires integrating exogenous data with the internal performance data, but it’s challenging to find quality external data and then get that raw data clean enough to input into any model. With limited exposure to external drivers of demand and delivery, the process becomes very costly.

Forecasting 130

Forecasting Analytics Machine Learning Testing 130

Smarten

JUNE 8, 2023

Today’s business intelligence solutions provide mobile support for business users in an easy-to-use, self-serve environment, so every team member can participate in data analytics and use that data to perform their role and to make confident decisions. Get the Results You Want From Your Team and Your BI Tools with Mobile BI!

Optimization 67

Optimization Enterprise Business Intelligence Predictive Modeling 67