Tag: scalability

BI Software and Scalability: Growing with Your Business

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In summary, BI helps you to understand your marketplace, your customers, your competitors, and your business so that you can make the most effective decisions. For example, the inventory to sales has seen an exponential increase in the past months of the year and the inventory accuracy hit its target of 91.4%. Using a combination of marketing analytics and predictive analytics, you can identify your most efficient campaigns and the common factors they share. On the web analytics dashboard below, you get an idea of how your online presence is going, the different channel acquisitions you should keep an eye…Continue Reading

Business Intelligence and Scalability: Benefits for Growing Enterprises

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Business analytics and BI serve similar purposes and are often used as interchangeable terms, but BI should be considered a subset of business analytics. BI focuses on descriptive analytics, data collection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information. Read more about https://editorialmondadori.com here. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. It uses data mining, data modeling, and machine learning to answer why something happened and predict what might happen in the future. Sigma is a robust example of business intelligence software…Continue Reading