Business intelligence (BI) ensures organizations and enterprises make measured decisions. And teams are aware of its importance. However, many analytics teams in businesses struggle with slow, fragmented, or downright counterproductive BI systems. What’s interesting is that these challenges do not emerge due to a lack of sophisticated technologies or adequately trained employees. The main culprit […]
How AI Liberates BI Data from Dashboards
Business intelligence (BI) has historically been a platform for data and business analysts who build dashboards for executives to make decisions. But the generative AI (GenAI) explosion over the past 18 months has changed the game. People everywhere have tasted the power of ChatGPT and now want a natural language interface to every application. But […]
A Brief History of Data Quality
The term “Data Quality” focuses primarily on the level of accuracy possessed by the data, but also includes other qualities such as accessibility and usefulness. Some data isn’t accurate at all, which, in turn, promotes bad decision-making. Some organizations promote fact-checking and Data Governance, and, as a consequence, make decisions that give them an advantage. […]
The Rise of Augmented Analytics: Combining AI with BI for Enhanced Data Insights
Businesses today are drowning in data. The sheer volume and complexity of information available have made it increasingly difficult for organizations to extract meaningful insights using traditional business intelligence (BI) tools and the expertise of specialized data scientists. This is where augmented analytics comes in. This game-changing technology combines the power of artificial intelligence (AI) […]
How to Become a Data Engineer
The work of data engineers is extremely technical. They are responsible for designing and maintaining the architecture of data systems, which incorporates concepts ranging from analytic infrastructures to data warehouses. A data engineer needs to have a solid understanding of commonly used scripting languages and is expected to support the steady evolution of improved Data Quality, […]
Fundamentals of Data Virtualization
Organizations are increasingly employing innovative technology called “data virtualization” (DV) to tackle high volumes of data from varied sources. Data virtualization is widely used in enterprise resource planning (ERP), customer relationship management (CRM), and sales force automation (SFA) systems to collect and aggregate multi-source data. From multi-sourced data acquisition to advanced analytics, this technology seems […]
9 Benefits of Business Intelligence
Business intelligence (BI) refers to the process of collecting, analyzing, and interpreting business data to unlock business potential. In 2023, business intelligence plays a crucial role in the growth and success of global businesses, providing benefits that help them gain a competitive edge. BI tools assist business leaders in making data-driven decisions and provide them […]
How to Become a Business Intelligence Analyst
As with many buzzwords emerging from the intersection of business and technology, the phrase “business intelligence” (BI) is often misunderstood. In a nutshell, it refers to the skill and practice of extracting insights from data to realize new goals, strategies, trends, and values. A business intelligence analyst, working with a network of other knowledge workers (such […]
A Brief History of Business Intelligence
In 1865, Richard Millar Devens presented the phrase “Business Intelligence” (BI) in the “Cyclopædia of Commercial and Business Anecdotes.” He used it to describe how Sir Henry Furnese, a banker, profited from information by gathering and acting on it before his competition. More recently, in 1958, an article was written by an IBM computer scientist […]
Real-Time Analytics: Examples and Benefits
Technology behemoths like Netflix, Uber, and Meta set the standard for how application users experience data. Users expect data to be integrated into the application, making it easier to find relevant content, track deliveries, provide a spam-free internet experience, and make quick, informed operational decisions. Up until this point, the speed and scale of real-time analytics […]