Elegant BI

APRIL 24, 2019

Let’s take a closer look at Augmented Analytics and talk about why it has gotten so much attention in the business intelligence world. How Can Augmented Analytics Add Value to Business Intelligence? Here are just a few of the ways in which self-serve augmented analytics can add value to business intelligence.

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Academyci

MAY 11, 2023

It’s the strategy that determines whether or not the product or service can achieve a temporary or long-lasting competitive advantage in the market. Competitive advantage boils down to a unique competitive product positioning that draws enough customers to generate net gain over total costs. Simple and straightforward, isn’t it?

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Elegant BI

FEBRUARY 28, 2014

Dashboard Software and Business Intelligence For Every User. If you want your business to be successful today and tomorrow you must accurately forecast the market, competition and buying behavior of customers. Predict your future with Business Intelligence Forecasting. Get in touch with us to know more.

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Smart Data Collective

MAY 11, 2023

In this blog post, we will explore how AI-driven app development strategies can help your e-commerce business stay ahead in the mobile-first world. By investing in Magento mobile app development , businesses can create seamless, feature-rich, and user-friendly apps that cater to the needs of their customers.

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Elegant BI

AUGUST 10, 2018

This article provides a brief explanation of the KMeans Clustering algorithm. What is the KMeans Clustering algorithm? Once the algorithm has been run and the groups are defined, any new data can be easily assigned to the correct group. How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data?

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Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These statistical models are growing as a result of the wide swaths of available current data as well as the advent of capable artificial intelligence and machine learning.

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Smart Data Collective

AUGUST 10, 2021

But which tools are the most effective for businesses in 2021? Here’s more on why data is so important for companies and the top 5 analytics tools they’re using this year to stay ahead of the curve and their competition. With RapidMiner, companies can use a huge range of algorithm and data functions without writing code manually.

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Elegant BI

AUGUST 14, 2018

This article provides a brief definition of the multinomial-logistic regression classification algorithm and its uses and benefits. What is the Multinomial-Logistic Regression Classification Algorithm? How Does One Use the Multinomial-Logistic Regression Classification Algorithm? About Smarten.

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Elegant BI

JANUARY 7, 2016

Today’s accounting, finance and investment professionals must find a way to address and understand an ever-changing business environment. There is no time or tolerance in today’s business environs for reactive techniques.

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Smart Data Collective

JUNE 8, 2023

many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. Teams and coaches now rely on data collection to gain a competitive edge, enabling them to make informed choices that can impact the outcome of matches. The sports industry is among them.

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Elegant BI

JUNE 10, 2022

According to a West Monroe Partners’ survey, 68% of business and technology leaders surveyed don’t believe their competitors are leveraging data successfully. Obviously, when it comes to your competitive market space, your business does not want to exist in that 68% of the pie chart! Business Intelligence.

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Smart Data Collective

JUNE 3, 2019

The banking and financial services business is replete with transactions, hundreds of millions of them a day, each adding a new row to the industry’s vast ocean of data. So, the question for many of the industry’s companies is how to cultivate and leverage this information to gain a competitive advantage?

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Datapine Blog

MAY 14, 2019

By acquiring a deep working understanding of data science and its many business intelligence branches, you stand to gain an all-important competitive edge that will help to position your business as a leader in its field. 1) “Artificial Intelligence in Practice” by Bernard Marr. click for book source**.

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Elegant BI

JUNE 18, 2014

I Have One…and it is Better Because of Business Intelligence! If you read this blog you know that I talk about Business Intelligence (BI). You might say I am obsessed with business intelligence! The reason I am obsessed with BI is that it CREATES business success. So NOW you understand!

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mention

NOVEMBER 2, 2022

It’s a framework that helps organizations identify internal and external factors that may impact their business. The global business intelligence and analytics software application market is expected to be valued at over $18 billion by 2025. The banking sector leads all industries in terms of data-driven decision-making.

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Elegant BI

AUGUST 24, 2017

ElegantJ BI, a leading vendor in Business Intelligence and Advanced Analytics solutions, is pleased to announce that it is listed for its suite in the Gartner ‘Other Vendors to Consider for Modern BI and Analytics’ report published August 4, 2017.

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Elegant BI

APRIL 20, 2018

Augmented Analytics is the Key to User-Friendly Business Intelligence! It automates data preparation and makes it easy for business users to enjoy data sharing. Advanced Analytics Tools allow the average business user to analyze and display results in a clear manner to make informed, unbiased decisions.

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Elegant BI

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Competitive Changes. Select an Algorithm Technique. Market Changes. Trends and Patterns. Trends and Patterns.

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Elegant BI

MAY 22, 2017

To be successful in business, every organization must find a way to accurately forecast and predict the future of its market, and its internal operations, and better understand the buying behavior of its customers and prospects. Why and how might an enterprise use Plug n’ Play Predictive Analysis?

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Elegant BI

NOVEMBER 10, 2021

A recent Gartner report states that, natural language processing and conversational analytics will boost analytics and business intelligence adoption from 35% of employees to over 50%, including new classes of users, particularly front-office workers.

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Elegant BI

OCTOBER 18, 2018

What is the KNN Classification Algorithm? The KNN (K Nearest Neighbors) algorithm analyzes all available data points and classifies this data, then classifies new cases based on these established categories. In this article, we will discuss the KNN Classification method of analysis. About Smarten.

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Elegant BI

NOVEMBER 19, 2018

Predictive analytics employs various analytical and modeling techniques, leveraging historical data and business results to identify crucial relationships, opportunities and risks so that business managers can more accurately predict growth, and competitive and market changes and identify trends and patterns.

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Netbasequid

AUGUST 3, 2023

Generative AI is a category of artificial intelligence techniques that create or generate new data based on patterns and information learned from existing data, such as images, text, audio, or even videos. Understanding Generative AI vs Next-gen AI The lexicon is changing, and this always comes with confusion.

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Netbasequid

JANUARY 4, 2023

They don’t want an algorithm telling them how to tell a story—and are doubtful it can. I could bring the business intelligence team a video game title that was 10 or 20 years old, and the following week, they would bring these data analyses from NetBase Quid® to show if there was an audience for it online or not.

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Elegant BI

NOVEMBER 22, 2017

Advanced Analytics is comprised of numerous sophisticated analytical techniques, designed to parse, explore and analyze data and produce results to support business decisions. Advanced Analytics provides a 360 degree view of data from data marts, data warehouses, best-of-breed, legacy systems and other data sources.

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Datapine Blog

APRIL 14, 2022

After all, these are some pretty massive industries with many examples of big data analytics, and the rise of business intelligence software is answering what data management needs. This method has proven to be very successful for Netflix, as 80% of the content being steamed is based on their recommendations algorithm.

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Elegant BI

OCTOBER 17, 2018

This dataset is suitable for the ARIMAX algorithm because there is more than one variable affecting the GDP – in other words, the dataset is multivariate. Let’s look at a business use case to illustrate the benefit of the ARIMAX Forecasting method. How Can ARIMAX Forecasting Be Used for Enterprise Analysis? About Smarten.

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Elegant BI

AUGUST 14, 2018

The ARIMA algorithm would be a suitable method for forecasting analysis because the data exhibits non-stationarity, and trend. Let’s look at an example of a monthly analysis of monthly index values. The plot of this data suggests that this is non-stationary data and that it shows a gradual upward trend (see the figure below). About Smarten.

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Elegant BI

JANUARY 19, 2021

Every business is operating in a rapidly changing competitive environment and market. Business users must have the tools they need to analyze data, draw conclusions, predict results and help the organization achieve its goals. The reason for this analytics evolution is simple.

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Elegant BI

JULY 18, 2018

If a business wishes to produce clear, accurate results, it must choose the algorithm and technique that is the most appropriate for a particular type of data and analysis. Every dataset is unique, and the identification of trends and patterns in the underlying the data is important. About Smarten.

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Elegant BI

APRIL 19, 2017

If you are considering a Business Intelligence solution, you ought to give some consideration to the concept of Smart Data Visualization and review your prospective solution to determine its capabilities in that regard.

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Elegant BI

JANUARY 21, 2019

If your business is like most, your average business user doesn’t know (or need to know) the details of sophisticated algorithms and analytical techniques. But, you DO want to encourage data literacy and provide your business users with the tools they need to perform analytics. K-Means Clustering Algorithm.

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Datapine Blog

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Spreadsheets no longer provide adequate solutions for a serious company looking to accurately analyze and utilize all the business information gathered. Online business intelligence and reporting are closely connected.

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Elegant BI

OCTOBER 18, 2018

Naive Bayes is a classification algorithm that is suitable for binary and multiclass classification. The Naive Bayes is a classification algorithm that is suitable for binary and multiclass classification. This article will focus on the Naïve Bayes Classification method of analysis. What is Naïve Bayes Classification? About Smarten.

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Elegant BI

SEPTEMBER 9, 2015

Small and medium sized organizations often give up on the idea of business intelligence and corporate performance management, because they believe that the BI tools and solutions are too expensive and complex to implement and that their organizational structure and processes is simple enough to manage without these types of tools.

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Elegant BI

JANUARY 19, 2015

The fact is that a business intelligence solution roll-out should not take 1-2 years though it often takes that long and then some. Whether your business is small or large, your data may be spread across multiple locations and it may include complicated algorithms, financials, forecasts or other analytical data.

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Datapine Blog

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. 2) Top Business Intelligence Features. For a few years now, Business Intelligence (BI) has helped companies to collect, analyze, monitor, and present their data in an efficient way to extract actionable insights that will ensure sustainable growth. 1) Connect.

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