Modern BI tools for businesses

Modern BI tools for businesses

Business and technology are increasingly intertwined in today’s fast-paced world. What’s more, they offer a winning combination to propel your company or organization forward at an incredible pace. That’s why many businesses are now looking into innovations to take their productivity and competitiveness to higher levels.

5 Commonly tracked sales metrics

5 Commonly tracked sales metrics

With the steady increase in the adoption of business intelligence suites and solutions by small to medium businesses, managers and owners have been able to take advantage of better data. One business function that has really benefited is sales. There are so many sales-related metrics to employ, it can be tough to actually pick the ones that work for your business.

Gamification and small businesses

BI_Nov03_AWhen it comes to running a business, you likely thrive on customer and employee interaction. If your customers aren’t active, or employees are struggling to interact with each other and customers, you could be facing a downward spiral. One way companies try and reverse this stagnation, while simultaneously gaining important and useful data, is through gamification.

Predictive analytics: 3 Components

BI_Sep08_AIn business, as in life, we constantly try to make predictions about the future. How will sales be next year if we implement a new procedure? What will the weather be like for the annual staff event next week? It’s no surprise then that businesses of all sizes have started to embrace the idea of predictive analytics.

Are you in need of a data warehouse?

The amount of data both available to, and generated by, a company is increasing exponentially. While some smaller to medium businesses are coping fine with the growth, many are struggling with managing their data, let alone leveraging it to help make better decisions.

How to improve data collection

BI_July07_AAs 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.

Improving business intelligence value

businessintelligence_June16_AMany 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.