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Do I Need Both BI Tools and Augmented Analytics?

Smarten

Traditional business intelligence is focused on reporting and queries, whereas advanced analytics is focused on the analysis of structured and unstructured data to optimize, correlate and predict the activities and strategies that will help the business succeed and to predict results. Key Performance Indicators (KPIs).

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How Product Analytics Differs From Embedded Analytics and Why You Need Both

Jet Global

Analytics is vital now because providing end-users with the ability to analyze, slice, and dice data within the context of their application is essential to staying competitive in today’s fast-paced digital world. Collect product insights to drive optimizations. Collect analytics insights to drive optimizations.

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Common Business Intelligence Challenges Facing Entrepreneurs

datapine

These benefits include cost efficiency, the optimization of inventory levels, the reduction of information waste, enhanced marketing communications, and better internal communication – among a host of other business-boosting improvements. Consult with key stakeholders, including IT, finance, marketing, sales, and operations.

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Business Intelligence vs. Reporting: Finding Your Bread and Butter

Jet Global

However, reporting this way is not only necessary, but it is also optimal for many financial and operational tasks – where you need to see what is happening right at this moment and dive into individual, detailed transactions that compose the numbers the report reveals.

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Digital Dashboards: Strategic & Tactical: Best Practices, Tips, Examples

Occam's Razor

You need access to data, the ability to analyze (slice, dice, drill-up, drill-down, drill-around) interesting data points that your performance throws up, ability to understand what caused the performance (often by understanding who did, what and where in other parts of the organization), and the power to make decisions.

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12 Marketing Reports Examples You Can Use For Annual, Monthly, Weekly And Daily Reporting Practice

datapine

Using the right marketing KPIs (key performance indicators) is a good start – what is now left is finding a way to organize it all in a way that makes sense and brings value. Using this data can provide insights on whether your investments are stable or need more optimization to deliver specified targets.

Reporting 280
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The Complete Digital Analytics Ecosystem: How To Win Big

Occam's Razor

Digital Analytics Ecosystem: Optimal Execution: Three Phases. Digital Analytics Ecosystem: Optimal Execution: Timing Expectations. A very special type of metric is designated to be a Key Performance Indicator (KPI). You need to slice! You need to dice! Repeat after me: Slice, dice, drill!!

Analytics 150