Research and Markets announces that the global market for advanced analytics totalled $207.4 billion in 2015, and should total nearly $219.3 billion by 2020, a five-year compound annual growth rate (CAGR) of 1.1%, through 2020. According to them, the advanced analytics market comprises applications for the following industries: banking and financial services, telecommunications and IT,… Continue reading Why Advanced Analytics is the Future of Healthcare Organizations
“A Picture is worth a thousand words” – I would have been lucky if It had struck my mind before drafting a 1000 + words post. But then I realized why not convey it through an info-graphic. As they say an enlightening idea comes after you had put all your efforts, I seem to experience… Continue reading Info-graphic on Business Intelligence for Manufacturers
The Great BI vs Excel Debate As Business intelligence vendors slog it out to flex their muscles on enterprise stage and has experts talking lengths on BI, one thing that is often dropped out is the real protein aka Excel; from where the BI concept got ripped and is now flaunting its curves on enterprise’s… Continue reading EXCEL vs BI tools – Towards a Data Driven Culture!
Embedding Operational Business Intelligence (BI) tools to several banking operations can help operational managers get actionable insights on operational bottleneck, historical data etc. for managing, monitoring and for controlling contingencies. By getting actionable and real time insights on operational bottlenecks, managers can take corrective measures to eliminate operational flaws. Let’s consider a simple example of a cheque clearance process at banks and see how Operational BI… Continue reading Operational BI at Banks
Here is a very interesting video by LOGI analytics. The video metaphorically describes enterprises’ end-users as kids and toddlers demanding for variety of chocolate cakes (figuratively representing data reports) and their increasing reliance on IT staff to get personalized reports on time. It also features IT staff’s pathos on how they are flooded with the… Continue reading Interesting Video by Logi Analytics themed around The BI Chocolate Cake Problem”.”
5 Benefits of Operational BI