April 6, 2023
Via: DATAVERSITYIn 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 […]
December 8, 2022
Via: DATAVERSITYIn 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
August 18, 2022
Via: DATAVERSITYThe 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 […]
July 21, 2022
Via: DATAVERSITYData 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 […]
May 4, 2022
Via: DATAVERSITYThe 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 […]
December 16, 2021
Via: DATAVERSITYAs 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 […]
October 20, 2021
Via: DATAVERSITYAnalyzing 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
June 3, 2021
Via: DATAVERSITYSome 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 […]
January 30, 2020
Via: CIOIn 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 […]