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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 […]

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 […]

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 […]

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 […]

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 […]

“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 […]

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 […]

In a study conducted by Gartner, they analyzed the impact modern BI platforms have on companies and the benefits they bring, and provided recommendations for leaders: business intelligence is a great investment for your company. But they are not gospel truth, and when it comes to bringing about corporate change, being able to show the Return on Investment (ROI) of your actions can be extremely powerful and requested. Let’s say, for example, that you’re trying to convince others in your company that business intelligence software are crucial, and that you need to start adopting them. It’s one thing to just […]