Artificial Intelligence (AI) has permeated many different applications, from house-cleaning robots to self-driving cars and web-based smart assistants. With the proliferation of business data, it’s not surprising that AI is also impacting data analytics and BI tools being used in various industries. Data analytics and BI landscape: Traditional BI tools can no longer effectively process and visualize the large amounts of complex data being generated by numerous business systems, devices, and channels in the modern enterprise. It is no wonder that AI and allied technologies have featured in Gartner’s Hype Cycle for Emerging Technologies. AI, by definition, refers to the […]
Category: Business Intelligence News
Hospital Business Intelligence: A Comprehensive Guide
You pull up to your doctor’s office, ready to queue up and answer a legion of questions about your health, but before you get a complete sentence out, the receptionist has your entire medical history at her fingertips. How? Hospital business intelligence leverages BI tools to document patient records, improve medical processes and offer guidance. What Is Hospital Business Intelligence? Healthcare organizations adopt business intelligence and reporting tools to facilitate data-driven insights and boost patient care. These solutions evaluate different metrics, including patient diagnosis, wait time, safety, readmission rates and more. They centralize patient data for analysis and report sharing […]
Guide to Building a Successful Business Intelligence Strategy
If you’ve ever discussed how you can gain greater insight into your processes, you’ve likely heard of business intelligence tools, also known as BI. But what does BI do exactly? How is it helpful? How can you make sure you set yourself up for success when using it? This article aims to answer those questions and more when it comes to how to build a successful business intelligence strategy. So let’s get started. What is Business Intelligence? Business intelligence (BI) is a larger umbrella term for a variety of subcategories of software that generates reports and performs analysis on proprietary […]
Business Intelligence Trends in 2022: Future of BI
Data never stops, and neither does business. Despite a rough two years disrupted by the worldwide COVID-19 pandemic, business intelligence is more important now than ever for enterprises to make data-informed decisions. BI tools and analytics platforms have come a long way with business intelligence trends like artificial intelligence, the cloud and mobility. What’s in store for the industry in 2022? This article will look at the key business intelligence trends for this year and the near future. Top Trends SaaS and Cloud Adoption The COVID-19 pandemic put companies and industries in emergency mode as they scrambled to make sense […]
Your Effective Roadmap To Implement A Successful Business Intelligence Strategy
Odds are you know your business needs business intelligence (BI). Over the past 5 years, big data and BI became more than just data science buzzwords. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. In response to this increasing need for data analytics, business intelligence software has flooded the market. With the benefits being numerous and the costs of not having good BI growing, it is easy to want to quickly adopt a solution. Unfortunately, […]
Top 10 Analytics And Business Intelligence Trends For 2022
Over the past decade, business intelligence has been revolutionized. Data exploded and became big. And just like that, we all gained access to the cloud. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts. 2021 was a particularly major year for the business intelligence industry. The trends we presented last year will continue to play out through 2022. But the BI landscape is evolving and the future of business intelligence is played now, with emerging trends […]
Top Business Intelligence Features To Boost Your Business Performance
For a few years now, Business Intelligence (BI) has helped companies to collect, analyze, monitor, and present their data in an efficient way to extract actionable insights that will ensure sustainable growth. With this industry having its boom in the past decade, the offer of new solutions with different features has grown exponentially making the market as competitive as ever. In fact, it is expected that by 2025, the BI market will grow to $33.3 billion, paired with the fact that 33% of large-sized businesses will practice decision intelligence by 2023. And not just that, with COVID-19 and remote work […]
13 Analytics & Business Intelligence Examples Illustrating The Value of BI
Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. Business intelligence steps up into this process by creating a comprehensive perspective of data, enabling teams to generate actionable insights on their own. With the introduction of online BI, companies today have the chance to create additional value, and, ultimately, profit. At its core, business intelligence (BI) encompasses the strategies and technologies used by companies for the […]
The History of Business Intelligence: From The 19th Century To The Modern Day
If you didn’t know any better, you would assume that business intelligence has only been around for the past 10 to 20 years or so. And you would be mostly right – at least in terms of non-technical, user-friendly, self-service business intelligence. Along with the popularization of the personal computer, business intelligence has certainly seen an increase in use in the 21st century due to recent technological advances. However, there are also roots of business intelligence going all the way back to the 19th century. In this post, we are going to examine the history of business intelligence through the […]
How Artificial Intelligence Takes Business Intelligence Tools To The Next Level
Artificial intelligence (AI) is here and it is getting smarter all the time. For many, mention of AI immediately conjures up images of The Terminator. At the very least it makes many think of robots and machines disrupting the workforce and replacing jobs. While the latter may not be completely out of the realm of possibility, datapine is leaving that side of AI to Silicon Valley and John Connor. Instead we are excitedly monitoring and utilizing artificial intelligence in business intelligence. The History and Explosion of Artificial Intelligence At the basic level, artificial intelligence is computer-based systems that eventually learn […]