Business intelligence (BI) teams have become increasingly important in mid-to-large organizations over the past decade. BI teams are responsible for analyzing data to help make better business decisions. As such, they need to be highly successful for organizations to achieve their goals. Importance of BI Teams in an Organization In order to make decisions, organizations … Continued
A Business Intelligence Consultant, also known as a BI Consultant, is in charge of enhancing a company’s internal operations through consulting and data-related activities to gain a competitive advantage. Those activities might be related to data analytics, planning, warehousing, etc. But, what exactly does a BI Consultant do, and what are some of the day-to-day … Continued
For a lot of businesses today, data analytics represents just a collection of plain numbers that don’t make much sense. For others, is a vital tool used to improve business operations, services, and performance. Data analytics has numerous benefits and purposes for any sized business. Looking at the situation from an idealistic perspective, analytics should … Continued
When talking about data, two terms are frequently mentioned – data reporting and data analytics. Even though many people use these terms as if they are interchangeable, they are actually quite different. In general, both reporting and analytics draw upon the same data. However, what makes the two distinct is their purpose, tasks, outputs, delivery, … Continued
Back in 2009, Google’s Chief Economist Dr. Hal R.Varian stated, “The ability to take data – to be able to understand it, to process it, to extract value from it, to visualize it, to communicate it – that’s going to be a hugely important skill in the next decades.” Now, in 2021, every successful business … Continued
When equipped with accurate data, companies are able to make proper, evidence-based decisions, analyze their customer behavior, and predict possible outcomes in the future. The only problem with data? There is a lot of it. According to HubSpot’s 2016 Data & Analytics Survey, an average company manages 162.9TB of data. On the other hand, an … Continued
Gone are the days where companies made decisions based on a managers’ whim. Nowadays, more and more businesses rely on data to make well-informed decisions. Having insights in data is helpful in all departments of a company – marketing, sales, support, product development, and delivery. However, before companies can use the data, they must find … Continued
It was only a few years ago when business intelligence (BI) was introduced for the first time. However, its evolution is proceeding at a frantic pace. After realizing the immense value BI provides, companies are constantly working on advancements. The latest trends in BI show that, in the near future, business will change drastically. But, … Continued
Did you know that about 65% of bad business decisions stem from incorrect or misinterpreted data? To prevent this from happening, more and more companies started implementing data visualization that allows them to have an insight into data relevant to company growth. However, the problem with data visualization is that raw data is presented to … Continued
Data analytics used to be incredibly challenging for businesses to set up and run. To be fair, it is quite a lengthy process – from integrating various data sources and preparing them for analysis to actually analyzing the data and communicating the insights across the company. Recently, Business Intelligence (BI) tools advanced to the next … Continued
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