Tag: analytics

Big Data and Business Intelligence Analytics: A Winning Combination

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You currently don’t have access to this book, however you can purchase separate chapters directly from the table of contents or buy the full version. By combining in-person tutorials 2-3 times per week with 24/7 access to online study materials, you get to benefit from a more flexible study schedule. This allows you to work alongside your studies, or combine other activities, with relative ease. If you realise that you need more time, you can simply switch to another time model with one months’ notice before the end of the month. Why Artificial Intelligence (AI) Stocks Meta Platforms, Amazon, and…Continue Reading

Measuring Success: KPIs and Analytics in Business Intelligence

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Business intelligence refers to the first two stages as it helps answer the questions of what is/was happening and why. With the help of descriptive and diagnostic analytics – or BI — businesses can study the market conditions of their industry, as well as their internal processes. A historical data overview helps find pain points and development opportunities. This is truly the future of business intelligence—that’s why we included it in our list of 2023 data and analytics trends. The shift of work to cloud-based business applications with open APIs enable a more closed-loop insight to action process. Companies can…Continue Reading

Democratizing Data: How Self-Service Analytics Empowers Teams

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Known for its drive-through efficiency, this data-savvy company relies on self-service business intelligence to speed up time-to insights and optimize its supply chain. With trusted BI tools, the productivity level of the organizations improves many folds. There are various contributions of BI that support enhanced productivity, like effective resource planning, quick data segregation, and more. Things start getting automated, and every team gets the data sets they specifically need. Business AI will change the way businesses are run – CIO Business AI will change the way businesses are run. Posted: Fri, 13 Oct 2023 07:00:00 GMT [source] Tableau is a…Continue Reading

The Future of Business Intelligence Analytics: Trends and Insights

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As they enter the workforce, our students are increasingly expected to understand the entire value chain for data intensive products and services. The students will be presented with a combination of data and required business application information and will create case studies of a complete data pipeline. Domo is a cloud-based business intelligence platform that helps you create a data-focused culture across all of your teams. There are a number of BI data visualizations that you can choose from including interactive maps, graphs, and pie charts — and if you’re unsure of which visualization would work best for your data,…Continue Reading

Balancing Data Privacy and Business Intelligence Analytics

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The program is specifically for aspiring and current leaders who are interested in advancing their analytical skills to drive change and boost innovation using data. Students learn to analyze, interpret, and translate data to ultimately make strategic decisions at the highest levels within their organization. In the human resources space, a BI function may take on the role of regular reporting to senior leadership on critical staffing metrics such as turnover, hiring trends and overall company size and growth. There may also be a regulatory component to business intelligence work in the human resources space where the function needs to…Continue Reading

From Descriptive to Prescriptive Analytics: A BI Evolution

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Polymer is one of the most intuitive business intelligence tools on the market that let’s you create custom dashboards and insightful visuals to present your data without writing a single line of code or doing any technical setup. As important as it is for reporting tools to effectively take in and analyze data, they also need to produce readable reports. Klipfolio is great for making sure your reports can be read and accessed with ease across various technologies as well as via the tool’s dashboard that update in real-time. Having the ability to efficiently create attractive, action-oriented, and readable reports…Continue Reading

Mastering Business Intelligence Analytics: A Comprehensive Guide

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Put simply, business intelligence or “BI” refers to the applications and technologies that allow businesses to collect, integrate, analyze, and present critical information. Although BI yields many benefits, its core purpose is to enhance better decision making, and in turn, sustained growth. Corporate financial management requires the ability to understand the past performance of the firm in accounting terms; while also being able to project the future economic consequences of the firm in financial terms. If you neglect ongoing testing and maintenance activities, you’ll end up with erroneous reports and inaccurate analytics results. Along with the objectives, at this stage,…Continue Reading

The Art of Data Analysis: Business Intelligence Analytics Demystified

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Allowing for seamless integration with coding and programming languages, your data science and development teams can customize or extend the platform to meet product specifications. As companies continue to gather more data, this demand is set to increase even further. If you are interested in developing a career that is crucial to business decision making and plays a vital role in the future success of a company, working as a Business Intelligence Analyst could be your perfect career choice. A Business Intelligence Analyst is responsible for taking the data that a company holds and mining it to achieve valuable insights.…Continue Reading