As companies expand, having a high-level view of the health of the organization becomes more difficult and also more important. This is where effective business intelligence (BI) tools come in, enabling reporting on and analysis of how each department’s initiatives are contributing or detracting from the business’s bottom line using concrete metrics of success, aggregating […]
The technologies that support artificial intelligence (AI) and machine learning (ML) are maturing quickly. They can now support a broader array of functions that can do a lot to improve efficiency, performance and the employee experience, taking on simple tasks to drive data-driven decision making in efficient, hybrid work environments. Despite recognizing the promise of […]
Modern businesses have access to datasets that are staggering in the sheer volume of data they contain. Most of the information pulled from this data relates to events that already took place. The total expenses spent on material last year, the number of new customers you acquired, the average sales value per salesperson, and so […]
The modern business world moves at a rapid pace. Having to wait for the information you need can make a big difference to the bottom line. Not only that, but you need to have access to the latest information if you are going to take full advantage of business intelligence. With traditional business intelligence tools, […]
Once upon a time, businesses had no choice but to make decisions based on little more than the collected knowledge and experience of those in the room. While human knowledge and experience can lead to good decisions, there is also a lot of room for error. The purpose of Business Intelligence (BI) is to overcome […]
Today’s supply chains generate a wealth of data. In fact, the available data is often so great that many businesses struggle to extract all of the potential value from the data they have. With so much data coming from so many sources, it would take analysts too much time to pull every insight possible from […]
For artificial intelligence tools — and business intelligence platforms in particular — to be useful, business employees must be able to directly ask questions of the data. The key solutions to this problem are text and language processing-based, which enable computers to understand human questions and their semantic structures, meanings and how they can be applied to the data. […]
For artificial intelligence tools — and business intelligence platforms in particular — to be useful, business employees must be able to directly ask questions of the data. The key solutions to this problem are text and language processing-based, which enable computers to understand human questions and their semantic structures, meanings and how they can be applied to the data. […]
Modern businesses have access to datasets that are staggering in the sheer volume of data they contain. Most of the information pulled from this data relates to events that already took place. The total expenses spent on material last year, the number of new customers acquired, the average sales value per salesperson, and so on. […]
Establishing a data-driven culture is top of mind for CEOs as they plan their growth strategies for the year. More businesses are expected to lean into AI solutions to revolutionize their analytics strategy in 2022, making it easier for more business stakeholders to act in real time. […]
