Facebook and Twitter and ‘Gram — Oh my! In the modern era, it’s almost unheard of for businesses not to have a social media presence. Typically this presence is used to bring awareness to your organization, service or product, but social media can do a lot more than just spread the word. Social media business intelligence is rising to a place of power alongside other business intelligence tools that could change your business for the better. Read on to find out how you can put your social media to work! What Is Social Media Business Intelligence? What is the definition […]

We’re truly living in the age of big data. For modern businesses, information is everything. Microsoft BI tools provide a solution for handling the volume of important business intelligence information continuously generated by modern companies. With the right tools, you can process huge amounts of data in mere seconds, and it is this part of the process that counts. Any business can collect information, but it takes skill and careful management to make it valuable. This is the essence of “business intelligence”: the ability to take vast quantities of market data and extract trends and patterns. Fortunately, business intelligence software […]

Many executives now see business intelligence as a key buzzword. But what does this mean for the future of business intelligence? With business intelligence tools front and center in today’s marketplace, what will we see happen to this sort of popular business methodology as we move forward? To answer these questions, we’ve made some predictions about the future of BI. The software is expected to become more collaborative, more proactive, more insightful and more equipped to handle Big Data. Collaborative Business Intelligence One of the key business intelligence future trends many experts are predicting is a growth of the digital […]

Every day, we create 2.5 quintillion bytes of data according to Forbes. It’s not just harmless ignorance to ignore all that data — it’s bad business! Organizations that adopt BI tools benefit from actionable, understandable data they can use to optimize business performance. BI streamlines operations, reduces workloads and improves productivity — and it achieves all this through the following critical BI capabilities: Top BI Capabilities       Data Collection and Analysis All BI software capabilities, functionalities and features focus on data. But first, that data has to be collected. This is done through a variety of web traffic monitoring actions like […]

Business intelligence reporting involves preparing and analyzing data with the help of self-service BI tools, extracting valuable insights and sharing reports with stakeholders to make better business decisions while boosting business performance. The data you collect may come from different data sources such as CRMs, marketing automation systems, HRMS, finance platforms and more. Centralizing these sources into a data warehouse makes it possible to query and manipulate the data to generate metrics and share it in reports. The two main categories of BI reporting are: managed and ad hoc reporting. Managed reports are prepared by technical experts like data analysts […]

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Why? Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Consumers have grown more and more immune to ads that aren’t targeted directly at them. The companies […]

Business intelligence has undergone many changes in the last decade. Each year, we hear about buzzwords that enter the community, language, market and drive businesses and companies forward. That’s why we have prepared a list of the most prominent business intelligence buzzwords that will dominate in 2022. X Analytics X Analytics is a term coined by Gartner and it refers to the X variable for “different structured or unstructured content such as text analytics, video, and audio analytics,” among others. The “X” stands for any type of analytics like the one mentioned, which will trigger disruptive changes in 2022 since […]

When it comes to implementing and managing a successful BI strategy we have always proclaimed: start small, use the right BI tools, and involve your team. We know that the best approach is an iterative and flexible approach, no matter the size of your company, industry or simply a department. When encouraging these BI best practices what we are really doing is advocating for agile business intelligence and analytics. That said, in this article, we will go through both agile analytics and BI starting from basic definitions, and continuing with methodologies, tips, and tricks to help you implement these processes […]

As digital transformation evolves, and more businesses begin to harness the power of digital technologies, the rate at which we are creating data is rising by the second. But, while data offers us invaluable insight in more ways than one, with so much to analyze and such little time, it’s becoming increasingly difficult to understand which metrics offer real value. As such, we have to find approaches to data analytics and business intelligence. By utilizing professional online BI tools, half of the work is already done. Not to forget, to squeeze the most value from your business’s most valuable data […]

“Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore, management consultant, and author In a world dominated by data, it’s more important than ever for businesses to understand how to extract every drop of value from the raft of digital insights available at their fingertips. According to Better Buys, 85% of business leaders feel that using big data to their advantage will significantly improve the way they run their companies – and they’re not wrong. By gaining the ability to understand which datasets are relevant to particular goals, strategies, and initiatives […]