Datapine Blog

OCTOBER 17, 2019

The challenge for finance is getting timely and accurate analysis that’s forward-looking and helps us make decisions.” However, the use of dashboards, big data, and predictive analytics is changing the face of this kind of reporting. This statement is valid today and, probably, in the future as well.

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Management KPI Benchmarking Advantage 105

Datapine Blog

JUNE 5, 2019

To find out more about dashboards and key performance indicators, explore our ever-expanding collection of various business-boosting KPI examples and templates. A data dashboard assists in 3 key business elements: strategy, planning, and analytics. “It is a capital mistake to theorize before one has data.”– Arthur Conan Doyle.

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KPI Hospitals Sales Capital 126

Datapine Blog

MARCH 15, 2019

To win on today’s information-rich digital battlefield, turning insight into action is a must, and online data analysis tools are the very vessel for doing so. As such, data intelligence software covers five critical informational components: predictive , decisive, descriptive, prescriptive, and diagnostic data.

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Technology Technology Intelligence Intelligence 57

Datapine Blog

JUNE 15, 2023

On the contrary, organizations that fail to implement online data analysis tools to track and optimize their performance will simply stay behind. Each of these KPIs is tracked in its actual value, its forecast value, and the absolute difference in number and percentage. It is no longer enough to get a static view of the past.

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Knowledge Benchmarking Sales Analysis 83

Elegant BI

FEBRUARY 23, 2018

With Social BI, organizations will see the emergence of power users who take a creative, insightful approach to data analysis. ElegantJ BI recently announced the release of version 4.5 of its Business Intelligence and Corporate Performance Management suite, which includes major features and enhancements. The release of ElegantJ BI v4.5

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Business Intelligence Intelligence Intelligence Business 52

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

MAY 9, 2019

This slow thinking system is very accurate. However, it can only process so much information at any one time and requires a lot of energy. Many of us don’t use our slow thinking system for most decisions. Instead, we use our fast system, otherwise known as our intuition. Fast But Error-Prone. It is prone to logical fallacies and perceptual biases.

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Business Intelligence Intelligence Intelligence Business 108

Elegant BI

NOVEMBER 10, 2021

A fact-based, data-driven analytical approach will ensure that the business can identify and capitalize on business opportunities, plan for new products, optimize processes and resources and target customers, investments and locations that will help the business to achieve results.

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Business Human Resources Algorithm Business Intelligence 52

Datapine Blog

MARCH 25, 2022

Well, what if you do care about the difference between business intelligence and data analytics? Keeping in mind that this is all a matter of opinion, here are our simplified definitions of business intelligence vs business analytics. Business analytics (BA) – Deals with the why’s of what happened in the past.

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Business Intelligence Intelligence Intelligence Business 105

Elegant BI

AUGUST 24, 2022

But, when it comes to analytics, NLP is typically much more restrictive. Talk all you want about machine learning and natural language processing but the boundaries and restrictions placed on these concepts in a typical analytical solution do not make it as easy as business users might like. Ask a question and get an answer.

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Sales Business Information Research 52

Elegant BI

MAY 18, 2022

When a business envisions a data-driven environment and establishes the foundation with an analytical solution, it should expect user adoption and a more data literate team environment. But, without effective search tools, that vision will fall short. Context: Time Series. Think of a question and type that question and you’ll get results.

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Sales Business Information Management 52

Datapine Blog

NOVEMBER 11, 2021

Your Chance: Want to take your data analysis to the next level? Data analysis is no longer meant for technical users, business intelligence software is self-service, empowering everyone in your organization to work with data for their decision-making process. In fact, it is expected that by 2025, the BI market will grow to $33.3

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Business Intelligence Business Intelligence Intelligence 85

Datapine Blog

JANUARY 18, 2023

With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition. With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies.

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Retail Finance KPI Research 80

Elegant BI

JUNE 12, 2017

Since we work in the world of data science and analytics, I will restrict my discussion to this, though I have a plenty of opinion in the other areas. The other added solution is a self-learning bot which manages the analytics for you. So it is prediction running on predictive analytics. This is how Smarten works.

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Predictive Analytics Profiling KPI Commerce 64

Datapine Blog

OCTOBER 30, 2019

Now a wider range of business users can act as analysts, even performing advanced analytics. The right BI platform can blend multiple data sources into one report and analysis: enhancing business insights and better-informed decision making. It doesn’t have to be this way. What Is A Data Report? How To Write A Data Report?

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Business KPI Retail Analysis 51

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? What Is Ad Hoc Reporting?

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Data Analysis Analysis Retail Business Intelligence 104

Datapine Blog

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Decisions cannot be made, analysis cannot be done, and the whole company is affected. Companies must adjust to the ambiguity of data, and act accordingly. So, what is BI reporting advancing in a business? click to enlarge**.

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Business Intelligence Intelligence Intelligence Business 103

Elegant BI

SEPTEMBER 7, 2016

Myth #3 – Business Users Do Not Need Ad Hoc Data Analysis. Business users need access to ad-hoc analysis with a 360 degree data view, and the flexibility to interact with data from varied perspectives. If you want your users to drive business results, you must empower them with interactive ad hoc analytical tools.

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Business Intelligence Intelligence Intelligence Business 40

Datapine Blog

APRIL 9, 2019

Fundamentally, an HR report is an analytical method used to display human resources-related stats, insights, and metrics with the primary purpose of improving workforce performance, recruiting procedures and other relevant HR processes with the help of HR dashboards.

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Human Resources Business KPI Management 62

Elegant BI

OCTOBER 16, 2017

Users can point-and-click and drag-and-drop to instantly create reports or performance metrics or dashboards, or to perform ad-hoc analysis on operational data, in a self-serve environment without the need for programming, database or SQL skills. ElegantJ BI delivers web-based, clear and concise BI reports within minutes. Sallam, Nigel Shen.

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Marketing Marketing Business Intelligence KPI 88

Datapine Blog

NOVEMBER 27, 2019

Today, most companies understand the impact of data quality on analysis and further decision-making processes and hence choose to implement a data quality management (DQM) policy, department, or techniques. DQM is indeed reckoned as the key factor in ensuring efficient data analysis, as it is the basis from where all the rest starts from.

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Business Intelligence Intelligence Intelligence Business 144

Elegant BI

APRIL 13, 2022

A recent Gartner study states that, the number of data and analytics experts in business units will grow at three times the rate of the experts in IT departments, forcing companies to rethink their organizational models and skill sets. Don’t just focus on teaching the basics of data analysis and the use of tools.

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Business Data Analysis Analysis Knowledge 52

Elegant BI

JULY 13, 2022

The real focus on data democratization is meant to reach the front line workers so that every team member has access to simple, easy-to-use analytics and can use data in a way that is meaningful to their job. It isn’t enough to ask a team member to use data in reports. It isn’t enough to report on the history. Data is a tool.

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Business Predictive Analytics Loss Sales 52

Elegant BI

OCTOBER 31, 2022

Does My Business Needs Both Traditional BI & Augmented Analytics? When it comes to analytics, and the democratization of data throughout the enterprise, the choices a business makes will be based on its unique needs. Multidimensional Key Performance Indicators (KPIs). Deep-Dive Analytics. So…why choose?

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KPI Predictive Analytics Business Intelligence Analysis 52

Elegant BI

JANUARY 5, 2022

If you provide access to analytical tools for business users, what metrics will they use to know if they are meeting their goals and achieving the business vision? When thinking about business environments, how they are established and how they evolve, it is often helpful to use an analogy to which everyone can relate.

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IT Business Environment Entertainment Business 10