Business Intelligence BI/DW: What is Business Intelligence and Data Warehousing? By Payal Tikait Business Intelligence No comments August 29, 2024 There tends to be some confusion in the industry concerning the differences between business intelligence tools (BI) and data warehousing (DW). Some people conflate them into a single term – BIDW (Business Intelligence/Data Warehouse) – and consider them to fundamentally be the same thing. Others consider them separate software categories. Payal TikaitBI/DW: What is Business Intelligence and Data Warehousing?08.29.2024read more
Business Intelligence CRM and Business Intelligence: How They Enhance Business Performance By Payal Tikait Business Intelligence No comments August 28, 2024 Mary is a fixture of the fashion and lifestyle industry. After some thorough research on CRM and BI tools, she decides to invest in a CRM business intelligence to improve relationships with her clients. After implementing the solution, she can consolidate customer and purchase data in a centralized location to serve her clients better. Payal TikaitCRM and Business Intelligence: How They Enhance Business Performance08.28.2024read more
Business Intelligence Hospital Business Intelligence: A Comprehensive Guide By Payal Tikait Business Intelligence No comments August 26, 2024 You pull up to your doctor’s office, ready to queue up and answer a legion of questions about your health, but before you get a complete sentence out, the receptionist has your entire medical history at her fingertips. How? Hospital business intelligence leverages BI tools to document patient records, improve medical processes and offer guidance. Payal TikaitHospital Business Intelligence: A Comprehensive Guide08.26.2024read more
Big Data Analytics Features Of Big Data Analytics And Requirements By Payal Tikait Big Data Analytics No comments August 26, 2024 What is big data analytics? Why is it big? What are the key features of big data analytics? These were my questions when coming across the term big data for the first time. Luckily, it’s a pretty simple answer. Big data analytics tools are exactly what they sound like — they help users collect and analyze large and varied data sets to explore patterns and draw insights. Payal TikaitFeatures Of Big Data Analytics And Requirements08.26.2024read more
Enterprise Resource Planning ERP Data Management: Key Features, Benefits and Trends By Payal Tikait Enterprise Resource Planning No comments August 21, 2024 ERP data management solutions are business-led tools that create a single master record of all business processes and operations, including people and systems from various internal and external applications and sources. The master data serves as a reliable and accurate source of business-critical information that can be managed and shared across the enterprise to make robust decisions. It also helps reduce errors, eliminate redundancy and facilitate reporting capabilities. Payal TikaitERP Data Management: Key Features, Benefits and Trends08.21.2024read more
Business Intelligence Data Visualization Best Practices By Payal Tikait Business Intelligence No comments August 19, 2024 It’s true that a picture is worth a thousand words, especially when it comes to comprehending data and deriving useful insights from it. Leveraging BI tools to create visuals can help you find relationships between variables and determine their relative importance to the big picture. Following data visualization best practices can help convey information in a simple manner. Payal TikaitData Visualization Best Practices08.19.2024read more
Business Intelligence Business Intelligence Concepts, Components and Applications By Payal Tikait Business Intelligence No comments August 16, 2024 Businesses need to make sense of the personal, transactional, behavioral or attitudinal data they generate. Deciphering this information requires a robust understanding of business intelligence concepts and powerful software. Let’s explore these ideas for some clarity on how BI tools work. Payal TikaitBusiness Intelligence Concepts, Components and Applications08.16.2024read more
Business Analytics Why Use Business Analytics? A Comprehensive Guide By Payal Tikait Business Analytics No comments August 15, 2024 Kathy, a renowned fast food chain owner, knows it’s difficult to track sales and customer data with her current system. She dives into the software market and discovers that analytics could be the silver bullet for her problems, but why business analytics software? It lets her centralize data, create robust reports and ensure collaboration. She can also make accurate sales forecasts with reliable data access. Payal TikaitWhy Use Business Analytics? A Comprehensive Guide08.15.2024read more
Business Intelligence What is a Data Management Platform (DMP)? The Comprehensive Guide By Payal Tikait Business Intelligence No comments August 15, 2024 Data is everything. Pushing a new product or launching new services without business intelligence to light the way through the vast data landscape is a recipe for disaster. A data management platform organizes, stores and analyzes raw data in tandem with BI tools to show you the path of least resistance toward success. Payal TikaitWhat is a Data Management Platform (DMP)? The Comprehensive Guide08.15.2024read more
Business Intelligence 15 Key Benefits of Business Intelligence Software By Payal Tikait Business Intelligence 16 comments August 14, 2024 You’ve probably heard the saying, “work smarter, not harder.” That turn of phrase might as well have been invented for business intelligence tools. Business intelligence software (BI) comprises a range of data analytics tools that analyze and manage data related to your business operations. Some of the benefits of business intelligence software’s rich visualization capabilities allow businesses to monitor sales, logistics and even productivity. Payal Tikait15 Key Benefits of Business Intelligence Software08.14.2024read more
Enterprise Reporting Reporting KPIs: A Comprehensive Guide By Payal Tikait Enterprise Reporting No comments August 13, 2024 Mary, a content manager who oversees content marketing operations in her organization, needs help creating and establishing reporting KPIs to monitor her team’s performance. She wants to understand more about the KPIs and metrics that measure progress and decides to invest in robust enterprise reporting solutions to create intuitive reports and dashboards. Payal TikaitReporting KPIs: A Comprehensive Guide08.13.2024read more
Business Analytics Business Analytics Requirements Checklist By Payal Tikait Business Analytics 1 comment August 9, 2024 Your organization creates and collects immense amounts of data — probably even more than you realize. What do you do with that data once it’s there? How can it help you? How do you make sense of it? This is where business analytics comes into the picture. Business analytics tools fall into a subcategory of business intelligence and involve the methodical exploration of data to help businesses make data-driven decisions. We’ve created a handy business analytics requirements checklist to help you determine what your organization needs. Payal TikaitBusiness Analytics Requirements Checklist08.09.2024read more
Enterprise Resource Planning ERP Analytics: A Comprehensive Guide By Payal Tikait Enterprise Resource Planning No comments August 9, 2024 ERP analytics leverages ERP software and services to gather and analyze data produced by organizations’ activities. It involves parsing data generated by business operations and presents reports, dashboards and visualizations in the form of graphs, charts and maps to communicate performance metrics, trends and patterns. It helps users derive insights by streamlining their efforts to search, merge and query data to make robust business decisions. Payal TikaitERP Analytics: A Comprehensive Guide08.09.2024read more
Business Intelligence Why is Business Intelligence (BI) Important? The Ultimate Guide By Payal Tikait Business Intelligence 2 comments August 9, 2024 Businesses are moving at lightning speed to stay competitive. Obtaining an edge over competitors requires leveraging data to make critical decisions. Businesses have huge amounts of data that they can use to their advantage. So, why is business intelligence important? How can it help you derive value from your data? BI tools play a vital role in taming unstructured data and visually presenting it in the form of graphs, charts, maps and more. They also help boost productivity and ensure effective decision making. Payal TikaitWhy is Business Intelligence (BI) Important? The Ultimate Guide08.09.2024read more
Big Data Analytics, Business Intelligence BI vs. Big Data vs. Data Mining: A Comparison of the Difference Between Them By Payal Tikait Big Data Analytics, Business Intelligence 5 comments August 7, 2024 Lately, there have been tremendous shifts in the business technology landscape. Advances in cloud technology and mobile applications have enabled businesses and IT users to interact in entirely new ways. One of the most rapidly growing technologies in this sphere is business intelligence, and associated concepts such as big data and data mining. Big data mining is another concept that employs collective data mining or extraction techniques that are performed on huge volumes of data. Payal TikaitBI vs. Big Data vs. Data Mining: A Comparison of the Difference Between Them08.07.2024read more
Enterprise Resource Planning ERP and BI: Key Differences and How They Function Together By Payal Tikait Enterprise Resource Planning No comments August 6, 2024 ERP systems serve as a pillar in every business that aspires to gather, share and analyze information from different departments, including accounting, sales and marketing, operations and more. While ERP software lets users access company-wide data from a centralized location, BI tools thoroughly analyze this information to derive insights and make data-driven decisions. ERP-BI integration boosts an organizations’ agility and paves the way for success in the long run. Payal TikaitERP and BI: Key Differences and How They Function Together08.06.2024read more
Business Intelligence Business Intelligence for Marketing: Leverage to Drive Performance By Payal Tikait Business Intelligence No comments July 31, 2024 In today’s digital world, data is everywhere. Breaking this chaotic storm of information down into consumer buying behaviors and preferences requires specialized tools and processes. Business intelligence for marketing lets you tap into consumer data from social media channels, websites, surveys and other sources to segment customers and target them based on their preferences. Payal TikaitBusiness Intelligence for Marketing: Leverage to Drive Performance07.31.2024read more
Business Analytics What Is The Business Analytics Process? A Comprehensive Guide By Payal Tikait Business Analytics No comments July 22, 2024 Nowadays, businesses collect data at every point of the customer lifecycle. They gather and consolidate information from mobile apps, websites and social media interactions into a business analytics tool. The way businesses consume data varies depending on the industry. For instance, airlines rely on business analytics processes to determine ticket prices, while hospitals use them to schedule surgeries. Payal TikaitWhat Is The Business Analytics Process? A Comprehensive Guide07.22.2024read more
Business Intelligence What is Self-Service Business Intelligence? The Comprehensive Guide By Payal Tikait Business Intelligence No comments July 17, 2024 Self-service business intelligence empowers different teams, including product, marketing, sales, finance, operations and more, to answer data questions without relying on IT teams for ad hoc reporting requests. Self-service BI tools help users gain valuable data insights to make robust decisions and attain business objectives within a stipulated time. Instead of using gut instincts and premonitions, BI tools rely on data to generate interpretations, make forecasts and create a data-driven culture. Payal TikaitWhat is Self-Service Business Intelligence? The Comprehensive Guide07.17.2024read more
Business Intelligence Business Intelligence Reporting: The Comprehensive Guide By Payal Tikait Business Intelligence No comments July 16, 2024 Business intelligence reporting involves preparing and analyzing data with the help of self-service BI tools, extracting valuable insights and sharing reports with stakeholders to make better business decisions while boosting business performance. Payal TikaitBusiness Intelligence Reporting: The Comprehensive Guide07.16.2024read more
Business Analytics A Comprehensive Guide To Retail Analytics By Payal Tikait Business Analytics No comments July 16, 2024 Retail analytics empowers businesses to make robust sales, marketing, planning and pricing decisions to gain a competitive advantage. Business intelligence tools give retailers a bird’s eye view of business performance, sales and marketing efforts to boost revenue and drive profits. Payal TikaitA Comprehensive Guide To Retail Analytics07.16.2024read more
Recruitment The Best Recruiting Tools Of 2024 By Payal Tikait Recruitment 3 comments Last Reviewed: November 18, 2024 Employees are a critical asset in any organization. Thus it’s imperative for a business to thoroughly plan and implement proper hiring strategies and procedures to hire the best employees. For this purpose, organizations should use the right recruiting tools and techniques to ensure a seamless recruitment process. Payal TikaitThe Best Recruiting Tools Of 202407.03.2024read more
Business Intelligence Critically Important Business Intelligence Features By Payal Tikait Business Intelligence 1 comment Last Reviewed: July 5, 2024 As the name suggests, business intelligence involves making intelligent decisions using historical data to improve existing strategies and outperform the competition. Here’s our recommended list of eleven key features of business intelligence tools that will help any organization create a massive impact on their customers and provide a seamless experience. Payal TikaitCritically Important Business Intelligence Features07.03.2024read more
Business Analytics Advanced Analytics: A Comprehensive Guide By Payal Tikait Business Analytics No comments June 28, 2024 Beth works in the tourism and hospitality industry and worries about recent dips in revenue, increases in customer complaints and hostile employees. She decides to invest in a business analytics solution to identify the root cause of problems and implement preventive measures. With advanced analytics, she can offer personalized services to her guests while increasing business ROI. Payal TikaitAdvanced Analytics: A Comprehensive Guide06.28.2024read more
Business Intelligence What is Data Visualization? A Comprehensive Guide By Payal Tikait Business Intelligence No comments June 25, 2024 Ask an analyst about the most interesting part of their job, and you’ll most likely hear about creating data visualizations. Transforming incomprehensible numbers into images that the visually-centered human brain can understand is an exciting puzzle. Data visualization and business intelligence tools help you create and analyze effective visuals that connect with your audience. Payal TikaitWhat is Data Visualization? A Comprehensive Guide06.25.2024read more
Business Intelligence Enterprise Business Intelligence (BI): What Are the Best Software Solutions? By Payal Tikait Business Intelligence 5 comments Last Reviewed: November 1, 2024 Not all business intelligence tools are created equal. Sure, there are plenty of BI systems with great reporting, data analytics and visual functions. But just because a BI tool works great for one business doesn’t guarantee it’ll have the same impact for another. This fact is especially true when you consider the size of a business. For large-scale businesses, enterprise business intelligence tools suffice. Payal TikaitEnterprise Business Intelligence (BI): What Are the Best Software Solutions?06.19.2024read more
Business Analytics Business Analytics Dashboards: How They Benefit Your Organization By Payal Tikait Business Analytics No comments June 11, 2024 Dashboards are everywhere. You see them in cars, on smartphones, across watch faces and even smuggled into entertainment like video games. They also form an integral part of the business intelligence tools that guide companies around the globe. Business analytics dashboards put vital metrics at your fingertips alongside valuable business performance visibility. Payal TikaitBusiness Analytics Dashboards: How They Benefit Your Organization06.11.2024read more
Business Intelligence 7 Key Business Intelligence Examples By Payal Tikait Business Intelligence No comments June 6, 2024 Emily owns a bakery that’s famous for its cupcakes and doughnuts, and she’s happy with how her business flourishes within a short period. However, her products sell quickly, and she can’t adequately meet customer demand before long. After researching some business intelligence examples, she decides to invest in a business intelligence solution. Payal Tikait7 Key Business Intelligence Examples06.06.2024read more
Enterprise Resource Planning Best ERP Software Systems For Small Business In 2024 By Payal Tikait Enterprise Resource Planning No comments May 31, 2024 It’s always an uphill battle when you’re competing against big businesses. Large budgets and advanced business tools allow large corporations to streamline their operations and provide high-quality products at a very competitive price. Luckily, ERP for small business gives small operations the tools they need to stay competitive with the big guys. Payal TikaitBest ERP Software Systems For Small Business In 202405.31.2024read more
Business Analytics What Is Enterprise Data Analytics? A Comprehensive Guide By Payal Tikait Business Analytics 2 comments May 30, 2024 Joe owns a chain of gyms across California and needs to reduce customer attrition. He decides to leverage enterprise analytics to identify customers likely to cancel their memberships this year. His analyst gathers and analyzes data using business analytics tools to offer attractive incentives for retaining members. Let’s look at how analytics can benefit your organization. Payal TikaitWhat Is Enterprise Data Analytics? A Comprehensive Guide05.30.2024read more
Enterprise Resource Planning ERP Inventory Management: The Comprehensive Guide By Payal Tikait Enterprise Resource Planning No comments May 24, 2024 ERP inventory management allows businesses to manage their day-to-day operations on a unified platform that includes inventory, finance, logistics, planning and operations. It provides real-time information that helps gauge complex workflows, facilitate advanced automation, sell products, operate in “just-in-time” mode or maximize investments. Payal TikaitERP Inventory Management: The Comprehensive Guide05.24.2024read more