Category Archive Business Analytics'

19 Jul 2019

Realizing Sophisticated Business Through Innovative Excellence

It’s common knowledge that the Business World is fast-paced and demanding. The tremendous pressures companies face on a daily basis can and do play a major role in their success or failure.  Because many companies stru

Generating Knowledge from Data 05 Mar 2019

Generating Knowledge from Data

Modern day businesses are virtually snowed in by the amount of data they receive. It’s a staggering amount of information, topping 2.5 quintillion bytes every day. This is where

Increased Need for Risk Management Amidst Global Uncertainty in 2018 16 Jan 2018

Increased Need for Risk Management Amidst Global Uncertainty in 2018

Running a business in 2018 is a fast-paced and complicated process, and organizations are forced to constantly adapt their strategies accordingly. This is due in part to the rise of digital technology and data that is challenging for businesses to al

BI Dashboards: A Review of 6 Trends and 8 Best Practices for C-level Executives 09 Aug 2016

BI Dashboards: A Review of 6 Trends and 8 Best Practices for C-level Executives

Business intelligence (BI) and BI dashboards typically generate high expectations among C-level executives. For example, Nic Smith of Microsoft offers this lofty expectation for business intelligence — "BI is about providing the right data at the r

Why COOs Are Thinking About the Future of BI Dashboards 26 Jul 2016

Why COOs Are Thinking About the Future of BI Dashboards

Successful chief operating officers (COO) and other C-level executives routinely spend a significant part of their time thinking about the future. For those using business intelligence (BI) dashboards, some of this "future thinking" is likely to revo

How CEOs Should Develop BI Strategies before Implementing BI Dashboards 28 Jun 2016

How CEOs Should Develop BI Strategies before Implementing BI Dashboards

Even though the detailed concept of a "business intelligence (BI) strategy" originated more than 50 years ago, this does not mean that BI has become integrated into every company's normal business routine. As noted by

BI Dashboard Strategies: Good News for Chief Operating Officers 14 Jun 2016

BI Dashboard Strategies: Good News for Chief Operating Officers

One of the scarcest commodities for all C-level executives such as the chief operating officer (COO) is time. In an astute observation attributed to Michael Altshuler, time management can be viewed as both a problem and an opportunity — "The bad ne

Uses of Decision Trees in Business Data Mining 24 Mar 2015

Uses of Decision Trees in Business Data Mining

While data mining might appear to involve a "long and winding road" for many businesses, decision trees can help make your data mining life much simpler. By using decision trees in data mining, you can automate the process of hypothesis generation an

Predictive Analytics Strategy for Intelligent Planning and Analysis 07 Jan 2015

Predictive Analytics Strategy for Intelligent Planning and Analysis

When your company is faced with questions like the following, how do you get the right answers? What are the buying habits of your customers? Is your business making the best use of marketing resources? Who are your most

Business Intelligence Definition and Beyond 26 Nov 2014

Business Intelligence Definition and Beyond

Business Intelligence Definition “Business intelligence is the timely transformation of raw business d