APRIL 2021: 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

APRIL 2021: PEOPLE OF HICO – FLORIAN MUTTER, SENIOR BI CONSULTANT

Great teammates and an atmosphere where you can learn every day are what HICO provides and what our colleagues seem to like the most. In this People of HICO story, our colleague Florian Mutter shares his thoughts about the future of BI Consulting and challenges that are common for the job of a Senior BI … Continued

APRIL 2021: What Is Next for Augmented Analytics?

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

MARCH 2021: How Small Startups Can Leverage Business Intelligence

Most businesses collect raw data, even startups. Only those rare ones actually analyze it to the point where it becomes becomes intelligence and turns into useful information. One challenge though: more data demands more control. Companies often employ entire departments to crunch data, and small startups were unable to do so for a long time … Continued

MARCH 2021: 4 Reasons to Simplify Your Data Visualization

Nowadays, all businesses collect increasingly more amounts of data. Usually, this data is presented in reports in plain numbers that sometimes don’t provide any value. Or, in contrast, it is presented in flashy, overly designed reports that require an extra amount of effort for clear understanding. The thing about data visualization is: a report that … Continued

MARCH 2021: PEOPLE OF HICO – LAURENCE FUHLMANN, SENIOR BI CONSULTANT

You’ve heard the saying ‘it is never too late to start doing what you love’. The perfect example of this? Laurence Fuhlmann. After spending years in the banking sector, deciding to run his own start-up in Business Intelligence, and now having two decades of experience, it was time for change. As you can imagine, we … Continued

MARCH 2021: Planning vs. Budgeting vs. Forecasting (Explained)

Planning, budgeting, and forecasting are three financial terms that most people, even in the corporate world, often confuse. Maybe it’s because they often go hand in hand? Maybe. But all three are separate terms and topics. Planning, budgeting, and forecasting is a three-step strategic planning process that allows a company to determine and detail short- … Continued

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