Tag: business intelligence
AUG 2023: Unlocking the Benefits of Business Intelligence for SMEs
Small and medium-sized enterprises (SMEs) often struggle to compete with larger organizations that have more resources and infrastructure. Business intelligence (BI) solutions can level the playing field, providing SMEs with insights they can use to drive growth, increase operational efficiency, and improve decision-making. In this article, we will explore what business intelligence is, its importance … Continued
How to Develop a Top-Notch Business Intelligence (BI) Strategy
Business intelligence is a collective term used to describe processes, technologies, and strategies for gathering, analyzing, and presenting business information. Business intelligence aims to improve an organization’s decision-making process by acting as an aid in areas such as planning, forecasting, budgeting, target tracking, optimization, sales analysis, etc. There are four key components to BI systems: … Continued
JUNE 2023: How to Use Data Analytics to Improve Customer Experience
In today’s highly competitive business landscape, customer experience (CX) plays a critical role in the success of any organization. Happy customers are more likely to stay loyal to a brand and recommend it to others. Modern customers are also more demanding and expect tailored experiences that meet their individual needs. That’s where data analytics comes … Continued
JUNE 2023: The Future of Business Intelligence Tools: Are We Ready?
Business intelligence (BI) tools are becoming increasingly important for organizations looking to make informed decisions. These tools use data analysis to reveal insights that support informed decision-making at all levels. However, as BI technologies continue to evolve, it’s essential that companies evaluate how prepared they are to use them effectively. In this article, we investigate … Continued
APRIL 2023: Utilizing Business Intelligence to Gain Competitive Advantage
In today’s rapidly-evolving and highly competitive business environment, companies need to be able to make informed decisions quickly and accurately. This is where business intelligence (BI) comes in – a set of tools, processes, and technologies that collect and analyze data to provide insights into a company’s operations and performance. In this article, we will … Continued
MARCH 2023: 7 Ways to Transform Your Business with Data Analytics
Data analytics can be a powerful tool for transforming your business and driving growth. By harnessing data insights, organizations can gain a deeper understanding of their operations, identify key performance indicators, and make data-driven decisions. In this article, we’ll explore seven ways that you can use data analytics to transform your business. Understanding the Power … Continued
SEPTEMBER 2022: PEOPLE OF HICO – MARIUS VOGEL, BI CONSULTANT
The HICO Group family is constantly growing, and from each of our colleagues, we learn something new. We are facing new challenges daily in our jobs, and they prepare us for more complex situations.As Marius says: “We do not grow when things are easy, we grow when we face challenges.“ And we could not agree … Continued
How to Develop a Top-Notch Business Intelligence (BI) Strategy
Business intelligence is a collective term used to describe processes, technologies, and strategies for gathering, analyzing, and presenting business information. Business intelligence aims to improve an organization’s decision-making process by acting as an aid in areas such as planning, forecasting, budgeting, target tracking, optimization, sales analysis, etc. There are four key components to BI systems: … Continued
Data in Spreadsheets: How Risky Is It in 2023?
Using spreadsheets in a business environment is a common practice nowadays. It has been for decades now. Companies are just “used to” using spreadsheets to store, manage, and work with important data. Increasingly, businesses and individuals also use spreadsheets to store all manner of sensitive information such as passwords and bank account details. However, there … Continued
