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What is business intelligence? Transforming data into business insights

CIO

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

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5 Ways Layered Navigation Improves Business Intelligence Strategies

Smart Data Collective

Big data technology has had a number of important benefits for businesses in all industries. One of the biggest advantages is that big data helps companies utilize business intelligence. It is one of the biggest reasons that the market for big data is projected to be worth $273 billion by 2026.

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Tips for Interpreting and Using Box Plots for Data Analysis

Smart Data Collective

We have previously written about the benefits of data visualization, including its advantages with content marketing. We felt we were overdue for another article on this topic, so we wanted to talk about a particular type of technology that can be beneficial – box plots.

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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. The market for business intelligence services is expected to reach $33.5 Business intelligence software will be more geared towards working with Big Data. Data Governance.

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Get Ready For These Six 2020 Business Intelligence Trends

Smart Data Collective

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. New Avenues of Data Discovery. AI-Powered Big Data Technology. Predictive Business Analytics.

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Human and AI Partnerships Are Integral to the Future of Customer Experience

CIO

The age-old debate on technology versus human capability remains inconclusive. But in this time of artificial intelligence (AI), analytics, and cloud, we’re seeing more opportunities to think of how humans and machines can come together as a team, rather than acting against each other. Artificial Intelligence

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Financial services firms turn to automated, data-driven processes for new products and services

CIO

Transitioning to automated, data-driven processes is the best way for these companies to not only cope with change but also take advantage of it. Adopting “e-closing” technology not only reduces errors and lost documents but can dramatically shorten the time to close a mortgage, giving adoptees a competitive edge.

Banking 562