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Tag: Business Intelligence

The Role of Predictive Analytics in Forecasting using Business Intelligence
Predictive analytics is having a huge impact on the world of business. As a result, global companies are projected to spend over $28.1 billion on it in 2026. One of its most valuable benefits is with forecasting. Forecasting is an essential part of any business’ growth. Thanks to advancements in …
Data Analytics Can Bolster HR in Niche Industries
Data analytics provides a number of benefits for human resources professionals especially in niche sectors. Data analytics helps, improve regular HR practices and streamlines decision-making processes. The biggest benefit is that it improves the recruitment and talent acquisition process, since headhunters can leverage data to identify the best candidates. HR …
5 Unusual Ways Businesses Use Data from Public Jobs Postings
Millions of new job opportunities appear online every day. For candidates, it's usually the main way to find new career opportunities. For companies, job posting platforms offer a convenient way […] The post 5 Unusual Ways Businesses Use Data from Public Jobs Postings appeared first on Datafloq.
Mastering IoT Data Management for Business Success
In today’s tech-driven landscape, the proliferation of Internet of Things (IoT) devices has revolutionized how businesses collect and utilize data. The interconnectivity of these devices has created an unprecedented influx of data, requiring efficient management strategies to harness its full potential. Understanding IoT data IoT devices span a vast array, …
The future is here! The future is AI powered Automation
Welcome to a future where innovation and progress collide, giving birth to a realm fueled by the extraordinary fusion of artificial intelligence (AI) and automation. Brace yourself, for the future […] The post The future is here! The future is AI powered Automation appeared first on Datafloq.
3 Ways that AI Can Help Your Small Business
There have been a lot of discussions about the benefits of using AI in business. However, a surprisingly small number of businesses are actually leveraging it. A report from the Census Bureau found that only 3.8% of businesses are using AI to produce goods and services. This is a pretty …
4 Ways to Leverage Data to Help Grow Your Business
Big data technology has been extremely valuable for businesses of all sizes and in all industries. However, many companies still are not using big data to its full potential. According to one survey cited by Dataversity, only 53% of companies report having formalized data strategies. The good news is that …
Welcome To The Digital Age: BI Meets Social Media
More companies are turning to data analytics technology to improve efficiency, meet new milestones and gain a competitive edge in an increasingly globalized economy. One of the many ways that data analytics is shaping the business world has been with advances in business intelligence. The market for business intelligence technology …
Skills required to excel in a business analytics career
In the contemporary business landscape, where data is heralded as the new oil, Business Analytics has emerged as a pivotal domain, steering organizations towards informed decision-making and strategic planning. business analytics encompasses the utilization of data, statistical algorithms, and machine learning techniques to comprehend the business context, forecast future trends, …
The Role of IT Consulting for Data-Driven Businesses
Many businesses use big data technology to bolster efficiency. One study from Zappia found that 97.2% of companies say that they use data analytics in some capacity. While only 24% call themselves data-driven, the figure is growing significantly. Big data is changing the business models of many organizations. However, many …
Tips for Interpreting and Using Box Plots for Data Analysis
We have previously written about the benefits of data visualization, including its advantages with content marketing. We felt we were overdue for another article on this topic, so we wanted to talk about a particular type of technology that can be beneficial – box plots. Data visualization techniques like the …
Utilize smart technologies to make smart investments
In the modern era of data-driven decision-making, business intelligence projects have become the cornerstone for organizations aiming to harness their data for strategic insights. The BI landscape continues to evolve, with innovative projects taking center stage. The year 2023 brings forth a multitude of trends that will shape the BI. …
Generative AI Can Make Business Intelligence Even Smarter – Here’s How
In this contributed article, Ali Ahmed, General Manager of the Enterprise Applications business unit at Cloud Software Group, discusses how both AI and machine learning (ML) will continue to promote optimized business intelligence, especially with regards to data analytics and management, along with how business intelligence ensures the accessibility of …
Business Management Systems for Data-Driven Businesses
Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without. Companies using big data reportedly have 115% …
Harnessing the Power of Analytics For Direct-to-Consumer Businesses
Data can feel like an inaccessible word for small businesses. You want to use business intelligence effectively, but you feel that you don’t have the resources at your disposal to do so. While it is true that Fortune 500 companies use their data at a higher level than most stores …
How to create a Dataflow within the Power BI Service
In November 2018, Microsoft released Dataflows in public preview. Later on, in April 2019, Dataflows became generally available. Dataflows used to be available in Premium licenses only, but it is […] The post How to create a Dataflow within the Power BI Service appeared first on Datafloq.
Data modeling techniques in modern data warehouse
Hello, data enthusiast! In this article let’s discuss “Data Modelling” right from the traditional and classical ways and aligning to today’s digital way, especially for analytics and advanced analytics. Yes! Of course, last 40+ years we all worked for OLTP, and followed by we started focusing on OLAP. After cloud …
Data integration in IoT environments: Enhancing connectivity and insights
In the dynamic world of the Internet of Things (IoT), data integration plays a crucial role in harnessing the full potential of connected devices. By seamlessly combining data from diverse sources, data integration enables organizations to unlock valuable insights, optimize operations, and make informed decisions. This blog will explore the …