Datapine Blog

MARCH 31, 2022

This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. Added to this, if you work as a data analyst you can learn about finances, marketing, IT, human resources, and any other department that you work with.

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Business Intelligence Intelligence Intelligence Business 95

Smart Data Collective

JULY 22, 2019

Get Real-Time Analysis. This way, you can get real-time analysis of your process efficiency and react faster accordingly. SAP Analytics Cloud is a modern BI tool that lets businesses make well-informed decisions across different departments, from marketing and sales to finance.

Business Intelligence 201

Business Intelligence Business Intelligence Intelligence 201

Datapine Blog

JUNE 15, 2023

These tools take the reporting process one step further by offering an interactive view of a business’s most important key performance indicators (KPIs) all in one place. Performance reports provide the necessary knowledge for managers and employees to understand how their efforts are developing.

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Datapine Blog

MARCH 21, 2023

Plus, their clean design of vertical bars makes the information very easy to understand with just a glance and with no need for deep analytical knowledge. This is because you only need to look at the height of the columns to get a sense of what the data is telling you and you don’t need any technical knowledge to do that.

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Benchmarking KPI Advantage Advantage 69

Datapine Blog

SEPTEMBER 25, 2019

“An investment in knowledge always pays the best interest.” Data is knowledge, and knowledge is power. a) Sales KPI dashboard. We start with our sales TV dashboard example which focuses on C-level managers and VPs looking to outperform their targets with each tracked KPI. Better engagement.

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KPI Human Resources Knowledge Sales 61

Datapine Blog

OCTOBER 17, 2019

As Tyrone Cotie, treasurer of Clearwater Seafoods says in 2015 Benchmarking the Accounting & Finance Function report , “…no matter how quickly you compile and release historical financial statements, you never make a decision from them. Ask yourself some important data analysis questions that will help you address the needs of the report.

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Management KPI Benchmarking Advantage 105

Datapine Blog

NOVEMBER 5, 2019

And we’re not just talking about marketing, but all your business’ bits and pieces should embrace the power of modern data analysis and utilize a professional dashboard creator that will enhance your data management processes. In today’s information-rich age, there is a tangible link between online data analysis and business performance.

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Hospitals Business Knowledge Analysis 88

Datapine Blog

NOVEMBER 6, 2023

That is because visuals make it easier to convey and understand critical information, breaching the knowledge gap between audiences across industries. By zooming into the information, you can spot smaller trends and changes that might be relevant to the analysis. As a reminder, we will quickly go through it again below.

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KPI Knowledge Sales Analysis 74

Datapine Blog

MAY 28, 2019

With the help of online data analysis tools , these kinds of projects have become easy to manage and agile in performance. In correlation with the planning processes, defining your endgame and setting the right KPIs will create success. If you work in finance, financial analytics will be the backbone of your operations.

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KPI Business Intelligence Finance Intelligence 127

Datapine Blog

NOVEMBER 30, 2023

Modern online data analysis tools , like datapine, take it a step further by allowing users to mix tables with other types of visuals, add more advanced filters, and even add icons to support data storytelling. Therefore, we recommend you organize data in an order that makes sense to the purpose of the analysis.

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KPI Analysis Sales Data Analysis 74

Datapine Blog

FEBRUARY 18, 2020

In this article, we will present the basic definition of financial graphs, explain why you need them, and answer the most basic of questions: what graphs to include in financial analysis? Why You Need Financial Analysis Graphs? For optimizing reports and detail analysis, you can check our blog article about financial report examples.

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Business Finance KPI Loss 80

Datapine Blog

OCTOBER 14, 2020

The point of such dashboards is not to simplify the working environment and analysis processes since there are massive volumes of data collected on a daily level, and companies need solutions that will bring them to the right answer at the right time. Thanks to modern data science tools , such analysis is easy to create and demonstrate.

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KPI Business Analysis Business Intelligence 94

Datapine Blog

MARCH 25, 2022

Descriptive analytics : As its name suggests, this analysis method is used to describe and summarize the main characteristics found on a dataset. However, this has been changing in the past years as new tools emerge that allow users to perform advanced analysis with just a few clicks. Let’s see a conceptual definition of the two.

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Business Intelligence Intelligence Intelligence Business 105

Datapine Blog

AUGUST 12, 2020

Knowing how to prepare and create one with the help of an online data analysis tool can reduce costs and time to decide on a relevant course of action. This first example focuses on one of the most important and data-driven department of any company: finance. All your financial analysis can be integrated into a single visual.

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Business Retail Benchmarking Finance 119

Datapine Blog

MAY 27, 2020

While analytical reporting is based on statistics, historical data and can deliver a predictive analysis of a specific issue, its usage is also spread in analyzing current data in a wide range of industries. No more sifting through droves of spreadsheets, no more patchwork data analysis, and reporting methods.

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Datapine Blog

SEPTEMBER 4, 2019

By integrating these key performance indicators (KPIs) and goals into their dashboards, companies can proactively identify issues, minimize costs and strive to exceed performance expectations. Of course, it is also important to choose the right KPI. Encourages interactivity and analysis. Provide insight into customer behavior.

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KPI Retail Analysis Business Intelligence 105

Datapine Blog

MAY 11, 2022

Discover the power of visual data analysis with our 14-days free trial. As we just mentioned in the introduction, using visuals to boost your analytical strategy can significantly improve your company’s return on investment as well as set it apart from competitors by involving every single employee and team member in the analysis process.

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Business Data Analysis Analysis Sales 100

Datapine Blog

JULY 1, 2020

And when it comes to finding actionable answers to specific questions, ad hoc analysis and reporting are essential. Moreover, a host of ad hoc analysis or reporting platforms boast integrated online data visualization tools to help enhance the data exploration process. What Is Ad Hoc Analysis?

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Data Analysis Analysis Retail Business Intelligence 104

Datapine Blog

FEBRUARY 22, 2022

It takes time and knowledge to make the best out of such assets, as well as a solid planification. When thinking about BI we are not only talking about choosing an online data analysis tool. They often don’t have the same front-line knowledge that other staff does. What data analysis questions are you unable to currently answer?

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Business Intelligence Intelligence Intelligence Business 87

Datapine Blog

JUNE 9, 2022

With that issue in mind, data professionals have developed various online data analysis tools that assist organizations with their data management process, from collection to analyzing, and monitoring all in one central location and in real-time. Another important aspect is to consider the level of knowledge of your audience.

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KPI Finance Sales Business Intelligence 57

Datapine Blog

MAY 17, 2021

That said, there are data analysis tools that you can use to enhance your efforts. This level of discovery can be described and categorized by: Data preparation Visual analysis Guided advanced analytics. There are many KPI examples you could choose from, depending on your industry and/or department. click to enlarge**.

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