Tag Archives: Business Intelligence

Better data collection

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As businesses continue to become increasingly networked, there is an exponentially increasing amount of data being made available to them. While this data can be really useful, a lot of it can also be less so, or even useless. However, you are going to continue to collect data, and in order not to be overwhelmed […]

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How to improve data collection

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As businesses of all sizes continue to integrate more technology, the amount of data available to companies will grow exponentially. However, not all of that available data will be important or even useful. And, as you collect more and more data, it will be harder to process and analyze it without becoming overwhelmed. In order […]

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Utilizing business intelligence value

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Business intelligence (BI) plays a vital role in most businesses. It helps identify and monitor business trends and facilitate decision making, as well as improve your strategic management processes. Isn’t it time you made use of your company’s resources and accessed valuable corporate data to improve your BI for the good of your company success? […]

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Improving business intelligence value

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Many businesses pay between USD $100 thousand and $1 million for their business intelligence (BI) system. And yet a lot of corporate data isn’t accessed by BI users which raises the question: How important is BI to your business? The simple answer is that it is very important. From analytics to complex event processing and […]

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Boost business intelligence value

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Most businesses are continuously looking for ways to improve visibility, efficiency, and gain valuable insights into consumer behavior. By utilizing your company’s business intelligence (BI) system, you can achieve all this and more. Many companies spend anywhere between USD $100 thousand and $1 million for their BI system but fail to make proper use of […]

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Why use predictive analytics?

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Predicting the future is a skill many business owners wish they could have. After all, if you could tell what will happen six months from now, you might find that business would be infinitely easier. Of course, this is not possible to such a precise extent. That being said, businesses do have tools at their […]

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A quick look at predictive analytics

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In business, it would be great if we could tell what the future holds. And although we can’t predict 100% for sure what will happen, businesses do have a set of tools at their disposal that can help foretell more than a wild guess. The most popular forecasting tool is predictive analytics. While it is […]

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Reasons to use predictive analytics

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Growing up we are constantly told that predicting the future is at best mere guess work, and there is no real way to tell what our future may hold. While this may be the case for much of life, in business there are ways to make accurate forecasts. One option at your disposal to be […]

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Misconceptions about BI

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Business Intelligence (BI) is hardly a new concept for small business owners, with a growing percentage of business owners utilizing it in their business. But even so, there are a great many misconceptions that still proliferate about the theories and technology behind it and people often don’t realize how they can benefit from incorporating a […]

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Common BI misconceptions

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Business Intelligence (BI) is quickly becoming one of the most integral functions for many small businesses. Owners and managers are increasingly finding that by implementing BI functions they can make better and more informed business decisions. While BI is popular, there are however many misconceptions that could actually inhibit the effectiveness of your efforts. But […]

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