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
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
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