Business Intelligence

In the fast-paced world of manufacturing, staying competitive means keeping up with technology. Yet, many businesses continue to rely on outdated systems that might seem cost-effective on the surface. However, the hidden costs of these systems can quietly eat away at your productivity, profitability, and even your reputation. Let’s uncover what these hidden costs look […]

In today’s fast-paced business environment, collaboration isn’t just a buzzword—it’s a necessity. Yet, many businesses struggle with departmental silos that create inefficiencies, communication breakdowns, and lost opportunities. The good news? Technology offers tools to bridge these gaps and create a truly connected workplace. Let’s explore how a connected workplace can transform your business, the tools

In today’s whirlwind of data, understanding the ins and outs of your business through that data is not just smart; it’s essential. That’s where Business Intelligence (BI) tools strut onto the stage. These aren’t just fancy dashboards and charts; they’re your crystal ball into how your business operates, what your customers want, and where the

The Internet of Things (IoT) has brought a significant change in our daily lives and is one of the most popular technologies today. With the improvement of connectivity over the last several years, IoT has become more widespread as it expands into home and work environments. As these IoT ecosystems evolve and collect their data, they offer businesses the opportunity to tap into new territory by creating custom applications that utilize these data pools.

Prescriptive analytics is about using data and analytics to improve decisions and consequently, the effectiveness of actions. After all, analytics should lead to more informed decisions and successful measures. So, given known parameters from predictive analytics, Prescriptive Analytics help businesses find the best course of action for a given situation.

With so much data available at your fingertips, how can your company make sense of all the information? Every business should have the knowledge to leverage their data and make meaningful, informed decisions. The answer is to have the correct business intelligence (BI) tools to find the usable pieces of information as well as fit the current and emerging needs of the organization. So, here are five tips to use when seeking BI tools.

Using BI to analyze information reveals insights and actions for businesses to use as facts for decision making and not just gut-instinct. It allows businesses to acquire knowledge from a sea of data. While following instincts is not always a bad thing, BI offers a realistic snapshot on how to improve profit margins and track sales performance, manage data for customers, have better inventory control, create the analysis of financial data, and be the advantage for an IT department.