Category: Business Intelligence Information

Technology solutions that define themselves as “business intelligence” (BI) or “analytics” both provide insights based on past and present data in order to shape decisions that will help to achieve business objectives. What are the similarities and differences between business intelligence and analytics solutions? Both types of solutions help to organize data and present it in the form of effective visualizations. When it comes to the differences, some experts have opined that BI helps to run the business, while analytics are needed if you want to change the business. Let us look at five major differences between business intelligence and […]

Business Intelligence transforms the data into actionable information. It helps in optimizing organizations’ strategic and tactical business decisions using the applications, infrastructure and tools, and the best practices that facilitate access to the operational facts and figures of an organization. Data Mining is the process of evaluating the unrecognized patterns in the sets of large raw data, as per the different perspectives to categorize the data into useful information resulting in gaining business insights to solve issues beforehand. Business Intelligence (BI) In layman’s language, the Business Intelligence will analyze the complex raw data of an organization and transform them into […]

In this Topic, we will learn about Business Intelligence Tools, As going to the next level of growth is one of the primary goals of any company or organization. There are two fundamental reasons why this is one of their most important goals. Firstly, a company is never in a steady state; it is either moving in an upward or downward trajectory. If the company’s growth strategies are working, then they are headed towards the next level of success, while growth strategies that do not work may result in overall failure. This means that focusing on growth will help a […]

Business Intelligence is nothing but a term that helps the user in decision making to run the business or important questions related to business. It helps the user in the management of any organization for the growth of their business. BI helps the user to make the decision that leads to growth in their business with the help of the appropriate reports and data of any business, which is very important. So you have finally found your dream job in Business Intelligence but are wondering how to crack the 2021 Business Intelligence Interview and what could be the probable Business […]

  There is a lot of hype and buzz around business intelligence. Companies are investing millions of dollars in business intelligence technology. However, unless this is accompanied by the simultaneous creation of a strong foundation for taking intelligent business actions, they are unlikely to reap a good return on that investment. An analogy might help explain what we mean by this. Imagine a plane heading from Dallas to New York. If that flight’s trajectory were just a degree off, it would end up in the ocean instead. The fact is that planes are more than a degree off 95% of […]

A business intelligence strategy is your Blueprint for deciding how you will use data in your company. You need a strategy because merely choosing the right technology, and implementing a software platform is not enough to realize a return on investment. To create a strategy, you must determine three things. How will you deploy the software platform? How will you manage the data for analysis? And how will you enable your people to make informed, data-driven decisions? A business intelligence strategy will help your company reap the rewards of having actionable insights. Examples include access to sales performance benchmarks, human […]

Business Intelligence (BI) is rapidly becoming more accessible and important for interpreting big data. With the right tools, anyone can use BI to learn more about their business and what will help them succeed. These books cover an array of expertise for every reader: from beginners who only know the term “Business Intelligence” and want to learn more, to business managers who want to make their BI analysis more effective. And if real-life examples of business intelligence in action, we’ve got an article for that. What is business intelligence? BI refers to an infrastructure that contains an assortment of processes […]

There tends to be some confusion in the industry concerning the differences between business intelligence tools (BI) and data warehousing (DW). Some people conflate them into a single term – BIDW (Business Intelligence/Data Warehouse) – and consider them to fundamentally be the same thing. Others consider them separate software categories. As with many conflicts, the truth depends upon your point of view. This article will break down the similarities and differences between data warehouse vs business intelligence, examine the capabilities of BIDW software and explain how to select a BIDW solution. What Is Business Intelligence? Business intelligence is defined by […]

Mary is a fixture of the fashion and lifestyle industry. After some thorough research on CRM and BI tools, she decides to invest in a CRM business intelligence to improve relationships with her clients. After implementing the solution, she can consolidate customer and purchase data in a centralized location to serve her clients better. She can track sales and browsing histories to tailor marketing campaigns based on customer preferences. She can delight her customers with seasonal offers and promotions while personalizing their shopping experiences. In effect, she can achieve her quarterly goals to boost revenue and create long-term relationships with […]

Businesses are trying to harness the right data sets and analyze them in the right ways to make good decisions about products, services, customers, suppliers and much more. But BI tools come in so many forms, and the choices can be overwhelming. One of those choices is whether to pursue this business intelligence in-house or utilize new cloud or SaaS BI tools. This article will attempt to explain what SaaS (software-as-a-service) business intelligence entails, the difference between on-premise and SaaS, some of the pros and cons of choosing a SaaS solution, and how to select the right BI tool for […]