Month: September 2020

How to Make Smart Bets in Business


5 min read

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Business is full of bets, especially where investing is concerned. If you’re interested in rolling the dice by purchasing a business, making an angel investment in a startup or even allocating your hard-earned money for your first employee, it’s important to know what makes a smart bet and how to protect yourself from a worst-case scenario. It’s worth stating that even deciding to go into a business of your own is a form of a bet, and merits the same type of background due-diligence.

This may require testing or gaining new knowledge, but a thorough understanding is critical, especially with glaring statistics regarding the failure rate for startups at a whopping 50 percent, according to Small Biz Genius. With statistics like these, there’s no way to ensure success. However,  there are definitely ways to think through

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The Best Self-Service Business Intelligence (BI) Tools

Today’s organizations are being flooded with new data from all directions and executives are expected to make smarter decisions with that information. While small to midsize businesses (SMBs) may find using Microsoft Excel a convenient receptacle for data during their early days will soon realize that spreadsheets, however, are blunt and insufficient to deal with this kind high volumes of data. There’s now a new crop of business intelligence (BI) tools to fill the gap. These tools combine all of the sophisticated data hooks on the back end with a new style of front end that combines ease of use with things such as natural language querying to make using BI accessible to anyone. These tools also provide new data visualization capabilities that let you turn your insights into clear and easily parsed graphics to help co-workers understand your discoveries.

Spreadsheets also fall down when the data isn’t well-structured or

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Business Intelligence: How Organizations Use Employee Monitoring Data

It’s a common myth that employee monitoring software is for spying on employees and micromanaging how they spend their time at work. In reality monitoring employee computer activity provides companies with the insights they need to understand how their workforce operates. In this article I’ll provide you with examples of how organizations use employee monitoring data to improve their business intelligence.

Make data-informed management decisions

Business data is incredibly powerful for making informed management and business planning decisions. This data allows you to find trends and patterns that allow you to analyze existing business processes and improve them.

Monitor trends in employee productivity

An organization’s historical computer usage data can be integrated into business intelligence tools such as Tableau or BigQuery to gain advanced insights into employee productivity trends. Employee performance monitoring and analytics provide insights on both a granular level (individual users or workgroups) and on a high level

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Business Intelligence (BI) and Analytics Platforms Market 2020-2024: Forecasting Strategy to Undergo A Paradigm Shift from Crisis to New Normal during COVID-19 Pandemic | Technavio

LONDON–(BUSINESS WIRE)–The business intelligence (BI) and analytics platforms market will witness an incremental growth of USD 12.62 billion during 2020-2024, according to the latest pandemic recovery-based research report by Technavio. Factors such as imposition of worldwide lockdowns have partially halted operations and affected supply chains and logistics. This has further impacted economies around the globe, resulting in an overall slowdown during 2020. However, businesses are gradually carving out unique pathways to recover from the COVID-19 crisis. With the exemption of lockdowns, growing incorporation of active social distancing and remote working, and surging entries of players in digital marketplaces, various industry and market conditions are likely to improve by early 2021.

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COVID-19 Highlights

  • Information Technology industry will have Mixed impact due to the pandemic
  • Business intelligence (BI) and analytics platforms market is expected to witness Positive growth during
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Business Intelligence: A Guide on Everything You Need to know