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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics can help you improve operational efficiency, better understand your customers, project future outcomes, glean insights to aid in decision-making, measure performance, drive growth, discover hidden trends, generate leads, and scale your business in the right direction, according to digital skills training company Simplilearn.

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Using ODBC in Excel to Create Sales Reports After Mining Sales Data

Smart Data Collective

Data mining technology has become very important for modern businesses. Companies use data mining technology for a variety of purposes. One of the most important is collecting revenue data to draft financial statements, forecast future sales and make decisions to address revenue shortfalls.

Sales 107
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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance. What are the four types of data analytics? It is frequently used for economic and sales forecasting.

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The top 15 big data and data analytics certifications

CIO Business Intelligence

Getting the technology right can be challenging but building the right team with the right skills to undertake data initiatives can be even harder — a challenge reflected in the rising demand for big data and analytics skills and certifications. The number of data analytics certs is expanding rapidly.

Big Data 126
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Why Data-Driven Outsourcing Can Be a Massive Win for Your Business

Smart Data Collective

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5 Here’s why.

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5 Ways B2B Companies Can Use Analytics for Pricing

Smart Data Collective

You can use analytics models to forecast future costs of your inputs and apply the right markups on your products. You will use data mining tools to understand the values customers get from various products and services and analytics technology will help you assess them. Needs-Based Pricing. Dynamic Pricing.

B2B 131
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The Impact of Healthcare BI Tools on Decision-Making and Patient Care

FineReport

The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance. Furthermore, maintaining data security and compliance requires continuous vigilance and proactive measures to safeguard against potential vulnerabilities.