Tag: business analytics

Basic Querying, BI Categories

A Brief History of Business Intelligence

April 6, 2023


In 1865, Richard Millar Devens presented the phrase “Business Intelligence” (BI) in the “Cyclopædia of Commercial and Business Anecdotes.” He used it to describe how Sir Henry Furnese, a banker, profited from information by gathering and acting on it before […]

BI Users, Data Analyst

Getting Executive Buy-In for Data Analytics

December 8, 2022


In a world driven by data, business analytics and data analytics can work together to maximize efficiencies, uncover actionable insights, and help businesses drive value. Data analytics is an iterative study of data in an organization, focusing on applying statistical […]

BI Categories, Business Analysis

The Role of Decision Science in Shaping Business Analytics

August 18, 2022


The field of decision science focuses on making data-informed decisions. Decision science helps to analyze the impact of a decision on the business. The best decisions are often made with a combination of data and precise business questions. The more […]

BI Users, Data Analyst

Types of Analytics Used in Organizations

July 21, 2022


Data analytics in businesses help uncover competitive intelligence, actionable insights and trends. Different types of analytics enable businesses to gain an edge over their competitors. In the “data first” era, data-driven insights and decisions have become the key drivers of […]

BI Users, Data Analyst

Data Science vs. Data Analytics

May 4, 2022


The data scientist and the data analyst represented two of the “most in-demand, high-paying jobs in 2021.” The previous year, the World Economic Forum Future of Jobs Report 2020 listed these jobs at the top of a list representing most […]

BI Users, Data Analyst

Impact of Data Quality on Big Data Management

December 16, 2021


As the available industry literature suggests,Data Quality (DQ) is seriously hindering the success of many big data projects. However, it is apparent that without an organized movement in favor of Data Quality for big data, nothing will actually happen to […]

BI Users, Data Analyst

Is Streaming Analytics the Future of Business Analytics?

October 20, 2021


Analyzing data as it is created or changes? Is that possible? Now it is, with streaming analytics, which monitors and responds to continuously flowing data from connected devices and live data channels like the sensors, machine logs, relational databases, social […]

BI Categories, BI Users, Business Analysis, Data Analyst

How is Bad Data Crippling Your Data Analytics?

June 3, 2021


Some striking evidence of the impact of bad data can be found in fake email IDs, impersonations on social media, or misuse of stolen financial or personal information. The more widespread harm can be caused by bad data in Data […]

BI Categories, Data Mining

TCS’ AWS EDL Transforming End-User Customer Experience Through Data-driven Intelligence

January 30, 2020

Via: CIO

In the digital economy, an organization may gain sustainable competitive advantage only if the business and technology decisions are forward-looking, accurate, and rapidly acted upon. Data and analytics play an important role in driving decisions and delivering enterprise value. As […]