Business intelligence strategy has ushered in a new era for organizations the world over. A strong focus on data analysis has business leaders enjoying reduced costs, increased efficiency, and all-around better decision-making. When previously unheard-of ROI is touted in headlines regularly, it sparks more businesses to follow suit and jump on the BI movement. However,
Before we can start talking about the concept of cyber business intelligence, we need to understand where IT factors in when BI is in question. Well, it is an integral part of it. In most companies, it is the IT department that is first tasked with collecting data and analyzing it. This is perfectly natural.
There’s a great deal of digital real estate devoted to advising businesses on the importance of protecting information assets from hackers, and making the best of your data by sharing it broadly, and drilling into it deeply. Analytics applications are extremely powerful — they: Process vast amounts of information quickly Extract data with scheduled, or
Business intelligence (BI) is essential for business growth and competitive advantage, yet reaping benefits from BI requires more than implementing the technology that enables it. In fact, deploying the technology is the easiest part of any BI initiative, according to Boris Evelson, vice president and principal analyst at Forrester Research. Getting the personnel and processes
What is BI? Business intelligence (BI) leverages software and services to transform data into actionable intelligence that informs an organization’s strategic and tactical business decisions. BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts and maps to provide users with detailed intelligence about the state of the
What exactly is Big Data and Benefits of Big Data for Banking Industry? Big data was born out of the necessity of data sets growing so large and complex that traditional tools are no longer sufficient to process this data. By aggregating large amounts of data from many different sources by leverage cloud computing, business intelligence