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
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
As companies are placing more and more emphasis on data for running the organization, data literacy is gradually becoming an essential skill every employee needs to have. About 90% of business leaders cite data literacy as the key to company success. However, only 25% of employees feel confident in their data skills. In addition, recent … 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
Please enter your information to continue.
