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
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
Making the switch to the Cloud can be one of the most rewarding but also headache-inducing projects for a company. If done correctly, the benefits and opportunities are significant, but if executed badly, fixing the mistakes can be more costly than the entire project. Per CIO, the lack of in-house skills is one of the … Continued
A data governance model is a system that is implemented to control how an organization’s information technology (IT) systems are built, used, and maintained. Its primary objective is to ensure compliance with data policies and rules set by the company, while also improving productivity in line with business goals. Creating a data governance model is … Continued
The world of data is constantly evolving, and in 2022, we can expect to see some interesting trends in data analytics, data management, and all that follows. What roles will data play next year? And, what should you do to set up your company for success? Here are just a few of the emerging data … Continued
Data integration is the process of combining data from different sources into a single database or data warehouse. This is often done to improve data quality, data analysis, and support decision-making. On the other hand, data migration is the process of moving data from one location to another. This may be necessary when switching data … Continued
Every company strives to provide products and services to customers in a timely and effective manner. Today, big-data-driven insights are responsible for much of that speed and efficiency. However, many of those companies continue to struggle with appropriately acquiring and analyzing their data, making data management a stumbling block. In this article, we explore the … Continued
It is a well-known fact that – without data, companies would struggle to remain competitive. And, if you ask company owners if their company is data-driven, the majority will say it is. However, many of them fail to realize that, even though their companies collect immense amounts of data, they probably struggle to derive genuine … Continued
Nowadays, people in all industries recognize the immense value of data. Doctors, educators, business owners are all relying on data to make good decisions. It makes perfect sense; making decisions when strongly informed by data is inevitably going to improve the outcomes of our actions. But is it possible that data can sometimes lead us … Continued
With the rise of cloud computing popularity, more and more organizations have recognized the benefits of the cloud. However, migrating to the cloud is a complex project, and setting KPIs can help the company identify whether the project is proceeding as planned and if there are any problems in the process. To help you identify … Continued
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