Data is the driving force of today’s businesses, and we’re producing more of it than ever. But accumulating loads of digital information isn’t much use unless organizations are able to make sense of it. That’s where business intelligence and data visualization software come in. What exactly is Power BI? Power BI, a Microsoft product, isRead more
Insights
Analytics is the means of turning raw data into useful insights, be it a look into past performance (descriptive analytics) or using data to predict the probability of future events based on history (predictive analytics). Analytics allows organisations to collect data from different sources, organize it, and leverage insights to drive business. Today, many organizationsRead more
In today’s economy, consumers have higher expectations than ever before, and retailers are under growing pressure to amalgamate purchasing channels in order to provide a more streamlined shopping experience for their customers. Big data could be just the solution to help generate increased efficiency to the retail supply chain at a time when it isRead more
Image Designed by freepik Enterprises are awash in data, and the number of sources of that data is only increasing. For some of the larger companies, data sources can rise into the thousands – from databases, files and tables to ERP and CRM programs – and the data itself can come in different formats, makingRead more
Today, companies of all sizes collect increasingly large volumes of data, from customers, vendors sales, inventory and production. However, many of these companies do not understand how to fully leverage this asset or utilize data to truly enhance multiple facets of the business. Implementing a comprehensive data strategy can provide significant advantage to organizations thatRead more
Effective strategic decisions are informed by access to relevant and timely data. Business intelligence (BI) is an essential step for any enterprise looking to democratize data and unlock clear insights and visualizations from the various data sources in their business. Modern BI tools easily sync up to your data warehouse and generate visualizations that makeRead more
Organizations of all sizes have been using Business Intelligence (BI) solutions to analyze their business performance and enable key decision makers to make better decisions. A critical piece of any BI solution is the tool(s) being deployed. While the tools are continually evolving, consideration must be given to the following five categories: Databases; Extraction transformationRead more
More and more companies are going digital, embracing analytics, and leveraging their data to turn insights into higher revenues, reduced costs, and overall business growth. According to analysts, the big data analytics market is expected to reach nearly $50B by 2019. Managing digital technologies in this new age is about more than improving process, it’sRead more
In today’s business environment, the field of data analytics is exploding. For managers of any sized company, understanding the data is critical to making informed decisions and to business success. Business Intelligence (BI) and Data Analytics (DA) enable organizations to gain competitive advantage, reduce operational risk and cost, and identify and fine-tune business strategies. Well-designedRead more
It’s no secret that data is one of today’s most valuable business assets and organizations possess the ability to collect a seemingly infinite amount of it. The challenge, however, is that much of that information remains underutilized because most organizations don’t have the resources to process (let alone understand) it all. Data visualization presents oneRead more