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Five Steps for Building a Successful BI Strategy

Sisense

A business intelligence strategy is a blueprint that enables businesses to measure their performance, find competitive advantages, and use data mining and statistics to steer the business towards success. . Every company has been generating data for a while now. But what is a BI strategy in today’s world?

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

The value of Big Data is not solely dependent on the volume of data available, but on how it is utilized. The Big Data ecosystem is rapidly evolving, offering various analytical approaches to support different functions within a business. Descriptive Analytics is used to determine “what happened and why.”

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Decide to Decide Digitally: New Forrester Research

Decision Management Solutions

It’s hard to pick the right approach to a decision that’s just described in a requirements document. Use data to validate those rules, check thresholds and clarify impact e.g. does that threshold really identify the top 5% of your customers? Build a decision model using the Decision Model and Notation standard first.

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What Is Embedded Analytics?

Jet Global

All of the above points to embedded analytics being not just the trendy route but the essential one. Users Want to Help Themselves Data mining is no longer confined to the research department. Today, every professional has the power to be a “data expert.” Diagnostic Analytics: No longer just describing.