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6 Key Areas of Business Intelligence in the New Era

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Stephanie Shen

Back in 1958, Han Peter Luhn, a researcher at IBM, initiated the concept of Business Intelligence (BI), using the definition from Webster’s Dictionary: to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal. Given its definition, Business Intelligence is indeed a vision. It should not be represented by the tools or technologies designed at some given time. In other words, it should be viewed as a company’s strategic vision for transforming data assets into business insights to make data-driven decisions.

Historically, there were two eras that revolutionized and popularized the concept of Business Intelligence. The first was in the 1980s when relational database was invented and became the mainstream tool for data collection and data storage. Database, along with SQL, enabled businesses to access information more quickly to make business decisions based on current facts

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Important Key Features of BI Software

If you’re in the market for BI software, it’s vital to know the essential business intelligence features to look for. Here’s our recommended list of the 10 key features of business intelligence tools that will help any organization improve their business strategies.

Read on for insight into the most important features of business intelligence applications that organizations want, based on our research gathered from surveys with real business intelligence software buyers.

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Key Business Intelligence Features

The most important business intelligence features include:

1. Ranking Reports

Ranking reports let you easily view the best- and worst-performing facets of your business, from products to marketing campaigns to salespeople. You can view rankings across multiple dimensions and specify various criteria to focus your results.

2. What-If Analysis

If you’re curious about how a future decision will affect your business, you can run a “what-if” analysis using past

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Equity finance Market Research Capital expenditure, SWOT Analysis including key players Apollo Globa

Edison, NJ — (SBWIRE) — 04/03/2020 — Advance Market Analytics released a new market study on Global Equity finance Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Equity finance Forecast till 2025*. Some are the key players taken under coverage for this study are Apollo Global Management LLC (United States), Blackstone Group LP (United States), Carlyle Group (United States), KKR & Company LP (United States), Ares Management LP (United States), Oaktree Capital Management LP (United States), Fortress Investment Group LLC (United States), Bain Capital LLC (United States), TPG Capital LP (United States) and Ardian (France).

Equity finance

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17 Key Lessons For Entrepreneurs Starting A Business

Starting a new business can be a daunting task. There are myriad issues a new entrepreneur will encounter: legal issues, financing, marketing, product development, intellectual property, human resources—the list is endless. Many new entrepreneurs are simply overwhelmed by all the things they are expected to know.

Having been involved in hundreds of startups as an entrepreneur, lawyer, venture capital investor, angel investor, and Board member, I have learned a number of real-world lessons. In this article, I share 17 of the most important ones, along with references to other helpful articles that can offer you a more in-depth discussion of each topic.

1. Come Up With a Great Name for Your Business.

Finding the right name for your startup can have a significant impact on your success. The wrong name could result in insurmountable legal and business hurdles. Here are some quick tips for naming your startup:

  • Avoid hard-to-spell names.
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Business Intelligence Key Performance Indicators (KPIs) with Examples

What are the KPIs in business intelligence?

The KPIs in business intelligence are typically around major business areas such as financial metrics, marketing metrics, customer service metrics and HR metrics. KPIs also cover specific areas like project management metrics and retail metrics. These KPIs are measurable outcomes that indicate the company’s performance against its goals. To define your KPIs for successful business intelligence, you have to identify which aspects of your business you want to look into and have all the relevant data in your hand. Investing in a powerful business intelligence tool should let you calculate your KPIs faster, with many of them capable of diving deep into your data and generating novel insights to inform your next decisions and actions.

The best performing businesses work their way through numbers, and there’s no reason why you

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Five Key Trends in Business Intelligence | Microsoft Power BI Blog

The latest release of Power BI gives us a great opportunity to look at how some smart folks in the industry view the latest trends in business intelligence.  Here are five ones you should know:

BI used to be the sole province of data experts in IT or information analyst specialists. Now the move is toward democratizing the access and analysis of data across the organization. Today, a data analyst could be a product manager, a line-of-business executive, or a sales director. Browser-based analytics now enable business users themselves to answer impromptu questions that are relevant to their expertise, and then create sophisticated visualizations to share with others. More companies are recognizing BI for everyone as a strategic advantage. They’re supporting business users with tools to help empower them as data analysts.

What better tool for empowering business users than Power BI? With features that simplify accessing datasets, creating visualizations,
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The Five Key Stages Of Business Intelligence Information Technology Essay

Disclaimer: This work has been submitted by a student. This is not an example of the work produced by our Essay Writing Service. You can view samples of our professional work here.

Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UK Essays.

Although the project was carried out personally, the guidance, contribution and support of several individuals had a great encouraging and positive impact on the project.. I warmly thank my supervisor Phil Molyneux for his support and guidance through out the project and whose supervision kept the project within its scope and deadlines.

During this work I have collaborated with many colleagues for whom I have great regard, and I wish to extend my warmest thanks to all those who have helped me with my work.

I owe my most sincere gratitude to my

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