Common sales metrics to track

Common sales metrics to track

Business intelligence, and more specifically the metrics that support it, is among one of the most important processes a company can integrate. While it can be tough to get started, many companies find success to begin with by tracking overall sales metrics.

Small business gamification

Small business gamification

For many businesses it is important that there is steady and productive interaction with clients and that they can capture important data from these interactions. While there are many ways to achieve both these objectives, there is one way that is gaining traction with many companies, especially those who want to capture better data: gamification.

Components of predictive analytics

Components of predictive analytics

When it comes to the success of your business, you likely rely, at least in part, on predictions made off of existing data. While simple forecasts are easy enough, it can be more difficult to set down long-term theories about what the future may or may not entail.

Do you need a data warehouse?

Do you need a data warehouse?

Data is an integral component to any business. Without it we would not be able to make decisions, develop marketing campaigns, or even operate. The issue many businesses face however is that the amount of data they generate and capture is increasing exponentially and it can be a challenge to collect and leverage it.

Better data collection

Better data collection

As businesses continue to become increasingly networked, there is an exponentially increasing amount of data being made available to them. While this data can be really useful, a lot of it can also be less so, or even useless. However, you are going to continue to collect data, and in order not to be overwhelmed with the sheer volume you should have a well defined data collection system in place.

Utilizing business intelligence value

Utilizing business intelligence value

Business intelligence (BI) plays a vital role in most businesses. It helps identify and monitor business trends and facilitate decision making, as well as improve your strategic management processes. Isn’t it time you made use of your company’s resources and accessed valuable corporate data to improve your BI for the good of your company success?

5 ways to improve business intelligence value

1. Pump customer data into your analysis
Most companies are chasing after a 360 degree view of their customers, and while this seems like an elusive goal, it can be achieved.

A quick look at predictive analytics

A quick look at predictive analytics

In business, it would be great if we could tell what the future holds. And although we can’t predict 100% for sure what will happen, businesses do have a set of tools at their disposal that can help foretell more than a wild guess. The most popular forecasting tool is predictive analytics.