5 BI mistakes you should avoid

5 BI mistakes you should avoid

Business intelligence (BI) involves the use of a variety of software and applications to analyze a company’s raw data, and present it in a way that’s easy to understand and enables effective business decisions to be taken. But in reality, many businesses fail to have an effective BI strategy in place, causing them to lose large sums of money.

Measure engagement with Google Analytics

Measure engagement with Google Analytics

When you were new to the world of websites and analytics, your goal may have initially been to increase your business’s site traffic to maybe 50 visitors a day. Once you hit 50, you then reached 100 soon after, and then 200. Yet with each higher traffic milestone realized, you didn’t see the corresponding sales conversion.

Dashboards assist in business functions

Dashboards assist in business functions

A dashboard is a business intelligence tool used to display metrics and key performance indicators (KPI) for organizations. The tool has grown in popularity over recent years, since implementing business dashboards has become cheaper and easier than ever before.

BI is easy when you ditch these mistruths

BI is easy when you ditch these mistruths

What does business intelligence mean to you and your company? Most business owners think they have a pretty good idea, when the reality is that our grasp on this most vital of business tools is all too often outdated and no longer fit for purpose. Just like other concepts and tools inside and beyond the corporate world, the ideas behind business intelligence have seen dramatic changes in recent years – fuelled not least by the arrival of a new generation of entrepreneurs who have set out to do things differently.

BI tool Datazen bought by Microsoft

BI tool Datazen bought by Microsoft

Business intelligence tools should be on the radar of every entrepreneur. Without them, how can you know where your organization is doing well, where it needs to improve or how it is going to grow? Microsoft recognizes the growing significance of the business intelligence market and has just acquired Datazen, a three-year-old business intelligence and data visualization platform.

Benefits of data warehouses for business

Benefits of data warehouses for business

In today’s competitive business environment, large companies have operations in many places within their home country and other parts of the world. Each of their branch offices may generate huge volumes of data on a daily basis, and corporate decision makers require access to those data sources.

Knowing the basics of Business Intelligence

Knowing the basics of Business Intelligence

If your business is not already using business intelligence systems, you are at a distinct disadvantage against the competition, and are failing to maximize a truly valuable opportunity to understand your position in the market. Business intelligence takes raw business data and converts it into insights that you can not only understand, but which offer a valuable view of your company’s current standing, where it’s headed and what you need to do to get there.