Photo by: Texelart Intelligence is information that has been analyzed for decision making. It is important to understand the difference between information and intelligence. Information is the starting point; it is readily available numbers, statistics, bits of data about people, companies, products, and strategies. As a matter of fact, information […]
Examples
The idea of setting your long-term business goals may seem like a waste of effort with so many thoughts running through your head. That being said, it is extremely difficult to achieve business success if you don’t set out where you ultimately want to go. For example, goals related to the expansion […]
What is business intelligence? While there is significant value in the data a business collects, understanding it and properly contextualising it is vital for gaining the most from it. Business intelligence (BI) supplies the assets you need to take large data sets and better visualise, explain, and distribute them to […]
Business intelligence systems can sometimes be a sensitive subject. It’s received bad press for being costly and coming with a high risk. More recently, Deloitte reported that executives at some of the world’s largest companies see analytics and business intelligence systems as a leading threat to their business. This article […]
Looker: No. 1 In Business Intelligence Software Our score: 9.6 User satisfaction: 95% 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 […]
Enterprise seems to be entering a new era ruled by data. What was once the realm of science fiction, AI in business intelligence is evolving into everyday business as we know it. Companies can now use machines algorithms to identify trends and insights in vast reams of data and make faster decisions […]
In 2019, data drives everything — so much so that a Google search for “data drives everything” yields 169 million results. (“Data drives nothing” turns up only 107 million, in case you were wondering.) That’s especially true in the business world, which creates a Catch-22 for professionals without statistical training. They […]
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Do you have the top business intelligence skills employers are looking for? Business intelligence (BI) involves analyzing data sets and software programs in order to help a company make better business decisions. Executives and managers need to be familiar with business intelligence in order to make effective decisions for their […]
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A business letter is a formal document often sent from one company to another or from a company to its clients, employees, and stakeholders, for example. Business letters are used for professional correspondence between individuals, as well. Writing an effective, polished business letter can be an easy task, so long […]
“Business intelligence technologies are essential to running today’s businesses (Chaudhuri et al., 2011)” The theory reviews the notion of Business Intelligence and discusses the conditions necessary to make good decisions. It also explains how it helps organisations to unlock the hidden potential of data. Technique Overview Business Intelligence Definition Business […]