Preface We have to credit Richard Miller Devens for coining the term “Business Intelligence”. He was intrigued by how Sir Henry Furnese, a banker in Victorian England used the information he gathered to create an action plan that led him to reap profits and stay ahead of the competition. Nobody could fathom that it was...
The Past Few Years of Business Intelligence The year is 2002. The CFO of a Fortune 500 company is looking at optimizing his cash flow. Plugging the leak is mission critical, because share prices are plummeting, and shareholders are getting impatient. He’s waiting for that annual spend report to come in. It needs to get...
Self-service analytics is an analytical user interface that allows customers or businesses to analyze data without requiring assistance from a data analyst or other IT staff. It provides users with the ability to derive insights using intuitive visualization tools and natural language querying. Users can find answers to their questions, take action on the results,...
Let’s face it, as much as your business loves analytics and dashboards, they can also be frustrating for even the savviest of data professionals. If you’re like most data professionals, you probably spend more time than you’d like to admit wrangling data into a format that makes sense to you. And when that’s done, the...
Businesses are hoarding mountains of data. Data is collected from every resource over the Internet. But most companies are struggling to convert that data into actionable insights. In many cases, it’s because their analytics software is not user-friendly. All your activities irrespective of whether you’re a marketing leader or a finance head, are dependent on...