Heard of These Data Analytics Myths? Let’s See What’s True

With seemingly limitless amounts of data now available and increasing at an alarming rate, the chances for businesses to gain important insights and the ensuing opportunities are continuously evolving. The more excitement there is in the IT industry, the more misconceptions there are. And, data analytics is no exception. Because of the quick expansion of … Continued

Hey, Has Data Analytics Stopped Innovating? Hmmm…

The power of data is immense. It can help companies discover unique opportunities for growth in new markets. With the help of data, organizations can gain a competitive edge by supporting a positive and more personalized customer experience. Moreover, incorporating data analytics into a business is likely to open up even more possibilities for a … Continued

Why AI Is (And Has Been) the Next Big Thing in Data Analytics

Modern business processes are characterized by a high level of complexity involving tasks that are too stressful to be carried out efficiently by humans. At least, mostly by humans. With the help of AI solutions, notably through AI-driven analytics, businesses can thrive and maintain relevance within the fierce competition.  As a result of AI, data … Continued

Top 10 Data & Analytics Trends Business Leaders Should Follow (2021)

Gartner has recently published an article about upcoming data and analytics trends that will shape industries worldwide. The article’s opening argues that traditional analytics techniques rely heavily on large amounts of historical data hence could become obsolete due to the impact of the COVID-19 pandemic. Forward-looking data and analytics teams are moving away from traditional … Continued

Business Intelligence Consultants: What Do They Do?

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

5 Perspectives of Data Analytics by Today’s Business Leaders

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

Data Reporting vs. Data Analytics: What’s the Difference?

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

Data Storytelling vs. Data Analytics: Are They the Same?

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

Better Data Management: Information Design According to IBCS®

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

What Is Next for Augmented Analytics? (2021)

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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