Yearly Archives: 2015

27 posts

IBM Watson Analytics Set to Make it in the World of BI

IBM Watson, who is not, apparently, satisfied with its win on Jeopardy, is searching for a job. After a great deal of buildup, the natural language business intelligence tool Watson Analytics, which is rooted on the famed AI of Big Blue, is finally available in beta freemium version. It is […]

The Progressive Role of Predictive Analysis in Business

The definition of predictive analytics is the usage of statistical algorithms, machine-learning techniques and data in order to identify the probability of future results based on past or historical data. The goal here is to go past simple statistics and reports on past data to supplying the best evaluation on […]

Thinking of Going Into BI for your Organization? Read These 5 Steps First

There is an increasing number of organizations that are seeing the advantages of using relevant data in order to push their businesses to the top. A study dubbed The Data Directive done by the Economist Intelligence Unit has shown that there is a link between the use of quality data […]

Five Practical Ways that Analytics Can Help You Understand and Grow Your Business

Every business owner knows that majority of the market is headed online. That is why websites are created in order to attract customers with solutions that could help solve their problems. Chances are, if you have a business, you have a website. But how do you know if your website […]

Improving your Business Services with Business Intelligence Systems

Every business has to make business decisions. Some, like operational decisions, are made daily, while others, like strategic decisions, have to be made from time to time. In order to make a good business decision, it is important that the management relies on actual data and not only on assumptions. […]

The 10 Most Important Benefits of Business Intelligence

Business Intelligence is no doubt one of the most used buzzwords in the modern business landscape. Newer BI models are easier to use, have simpler interfaces and can be operated and understood even by the most technologically-adverse team member in a company. Given the accessibility of today’s BI software, the […]

What is Financial Performance Management?

At its’ most basic, the series of activities or processes that are used to observe a company’s short and long term financial results are filed under financial performance management. Although this phrase is mostly used in investment management, it can also be used in business functions.     The basic […]

Top Five Data Mining Techniques To Create Business Value

Data mining entails finding anomalies, correlations, and patterns within large data groups to predict outcomes. By using a wide range of techniques, analysts can effortlessly use this information to reduce risks, improve customer relationships, cut costs, increase revenues and so much more. You can conduct different types of analyses in […]

5 Things You Need to Know About IBM’s Watson Analytics

If you want to get ahead of the competition, resorting to a business analytics tool to get a comprehensive review of your data could be your best option. Watson Analytics, IBM’s latest cloud analytics program, provides you ways to make business decisions better than ever.   According to their product […]