BI Categories, Business Analysis
February 6, 2024
Via: DATAVERSITYAs organizations continue to generate massive amounts of data from various sources, the need for effective data analytics and business intelligence (BI) solutions has never been more pressing. Here are some general trends for data analytics and BI: Use of […]
BI Categories, Business Analysis
January 18, 2024
Via: DATAVERSITYFraud techniques, including phishing, vishing, deepfakes, and other scams are becoming increasingly sophisticated – making it easier than ever to perpetuate fraud at scale. This is placing businesses in danger of financial losses, and trust and reputational damage. Now, there’s […]
BI Categories, Business Analysis
December 22, 2023
Via: DATAVERSITYData Management used to be an enhancement to business operations. But as the datasphere continues to grow exponentially, it’s now a critical factor to business success. This is inclusive of data visibility, access controls, classification, compliance, and backups. Successful business […]
BI Categories, Business Analysis
December 19, 2023
Via: CMSWireIn thinking about macro marketing trends over the last few years, creating and optimizing customer journeys stands out. The idea is that a personalized experience journey is created for each prospect and customer that serves up the optimal content to […]
BI Categories, Business Analysis
October 26, 2023
Via: CIOBusiness intelligence (BI) analysts transform data into insights that drive business value. Through use of data analytics, data visualization, and data modeling techniques and technologies, BI analysts can identify trends that can help other departments, managers, and executives make business […]
BI Categories, Business Analysis
October 11, 2023
Via: DATAVERSITYGood data visualizations boost business data literacy by presenting well-thought-out dashboards or reports that show data assets for quicker and more straightforward consumption. Following data visualization best practices leads to positive outcomes for organizations. These benefits include reducing the time […]
BI Categories, Business Analysis
October 6, 2023
Via: CIOBusiness analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements, and deliver data-driven recommendations and reports to executives and stakeholders. BAs engage with business leaders and users to […]
BI Categories, Business Analysis
September 25, 2023
Via: DATAVERSITYToday’s organizations widely acknowledge the significance of leveraging data and analytics. Virtually every executive envisions establishing a data-driven organization. However, a survey conducted by New Vantage Partners reveals that only a mere 26.5% of companies have effectively achieved this transformative […]
BI Categories, Business Analysis
August 10, 2023
Via: DATAVERSITYWe’ve all generally heard that data quality issues can be catastrophic. But what does that look like for data teams, in terms of dollars and cents? And who is responsible for dealing with data quality issues? To get to the […]
BI Categories, Business Analysis
July 20, 2023
Via: CMSWireCustomer experience (CX) professionals say they and their clients are using artificial intelligence (AI) analytics to harness data and drive customer personalization in several key areas: from customer friction to churn, sentiment and engagement. CX executives in various industries — […]
BI Categories, Business Analysis
July 11, 2023
Via: DATAVERSITYBusiness intelligence (BI) refers to the process of collecting, analyzing, and interpreting business data to unlock business potential. In 2023, business intelligence plays a crucial role in the growth and success of global businesses, providing benefits that help them gain […]
BI Categories, Business Analysis
May 5, 2023
Via: InfoWorldThe rise of finops programs and tools is scaring me a little. I believe that many enterprises are misapplying them, and in many instances, finops technology is working against returning value to the business. Some people driving finops don’t even […]
BI Categories, Business Analysis
April 19, 2023
Via: DATAVERSITYIn 2023, organizations that switch to advanced analytics will be better positioned to leverage new opportunities in their respective industries. Increasingly, with the use of automated data analytics, companies are turning to analytics systems and advanced analytics use cases for […]
BI Categories, Business Analysis
March 24, 2023
Via: DATAVERSITYOrganizations are recognizing that data can be a powerful business asset, and are investing in data analytics to provide this valuable tool. According to research, more than 95% of all organizations today incorporate data initiatives into their business strategies. However, […]
BI Categories, Business Analysis
March 9, 2023
Via: CMSWireThe term predictive analytics refers to the use of data, statistical algorithms, and AI and machine learning to provide the best assessment of future outcomes, trends, behaviors and events based on historical customer data. Brands often use predictive analytics to […]
BI Categories, Business Analysis, Software & Systems
February 16, 2023
Via: DATAVERSITYPredictive analytics and machine learning are extremely powerful tools used to predict future outcomes from large amounts of data. They help businesses gain insights, improve efficiency, and make informed decisions. With the big data space estimated to reach a value […]
BI Categories, Business Analysis
February 10, 2023
Via: CIOPredictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. The science of predictive analytics can generate future […]
BI Categories, Business Analysis
January 9, 2023
Via: InfoWorldData by itself isn’t very useful. Data only becomes useful as it’s understood and as it infuses application experiences. This desire to put data to work has driven a boom in cloud-based analytics. Though a relatively small amount of IT […]
BI Categories, Business Analysis
January 6, 2023
Via: DATAVERSITYToday’s business landscape is more unpredictable than ever for IT leadership. Between the adoption of more sophisticated technologies and an ever-growing list of digital transformation initiatives, IT operations have become frustratingly complex. This is especially true when it comes to […]
BI Categories, Business Analysis
November 17, 2022
Via: DATAVERSITYWhen a business decides to tackle data democratization and bring data analytics to its business users, it can often fail to plan comprehensively for success. While selecting the right augmented analytics solution is crucial, the business team must also plan […]