“You can have data without information, but you cannot have information without data”. The above quote by Daniel Keys Moran, an American computer programmer illustrates the essence of data in this fiercely competitive business world. Whether you want to improve your business performance, increase profits, achieve operational efficiency, or improve your business intelligence, leveraging the […]
The advent of business intelligence has resulted in an increase in demand for analytical tools. Businesses are no longer content with traditional performance reports. Rather, more elaborative, and self-explanatory analytical tools are required which can effectively extract accountability from strategy and monitor the progress. Dashboards and Scorecards are two such analytical tools that provide you […]
A comprehensive business intelligence project includes everything from gathering information, cleaning data to creating data models, and designing dashboards. Even though a dashboard is the pinnacle of the BI process, its importance cannot be dismissed off. Creating an effective dashboard is not just a creative piece of art to play around. Rather, it should be […]
What is Business Intelligence Business intelligence refers to an umbrella term that covers all features for gathering, sorting, integrating, analyzing, and presenting business information. The goal of a business intelligence tool is to convert information into actionable insights and help businesses make data-driven business decisions. Figure below shows example of a business intelligence tool with […]
While juggling your business activities with meeting consumer demands and complying with regulations, you must have come across technological terms like insights, data, and information. While data is your raw information, insights are often the misunderstood concept. Many organizations actually fail to understand that insight is not a single data point nor an observation nor […]
What is Data Visualization? A pictorial representation of data depicting imperative information like complex relationships within large datasets constitutes what one usually refers to as Data Visualization. The objective is to refine large amounts of data into visual graphics and identify different trends, outliers, and patterns in data. It provides a visualized context to the […]