Elegant BI

FEBRUARY 16, 2021

You can plan all you want but if your predictions and forecasts are based on flawed data, you are not likely to succeed, except perhaps if you are very lucky – and I wouldn’t count on luck in this rapidly changing business environment! This doesn’t mean your business users must be skilled at data analysis or algorithms or programming.

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Datapine Blog

JANUARY 21, 2020

But let’s see in more detail what the benefits of these kinds of reporting practices are, and how businesses, whether small or enterprises, can develop profitable results. Benefits Of Business Intelligence And Reporting. There are a number of advantages a company can gain if they approach their reporting correctly and strategically.

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Elegant BI

SEPTEMBER 6, 2019

SSDP tools allow users to compile and analyze data and test theories and prototypes to support dynamic decisions and planning on their own so the business does not lose time or competitive advantage while waiting for reports or analysis from a central source.

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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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Datapine Blog

JANUARY 24, 2021

Based on this survey, it seems that business professionals believe that data is the ultimate cure for all their business ills. 4% of the time is spent on refining the algorithms. Preparing questions to ask about data analytics will provide a valuable resource and a roadmap to improved business strategies.

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SCIP

JUNE 16, 2024

Data-Driven Decision-Making One of the key advantages of leveraging intelligence in risk management is the ability to make data-driven decisions. By applying advanced statistical techniques and machine learning algorithms to historical data, predictive analytics can forecast future trends and identify potential risks before they materialize.

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Alpha Sense BI

DECEMBER 13, 2022

Curating and combing through content sources can take hours or even days, precious time companies cannot afford to waste in today’s fast-paced business environment. These insights give clients the opportunity to gain c omp etitive advantages and i nfor m intelligent business decisions. Sentiment Analysis.

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Alpha Sense BI

JANUARY 5, 2024

Relevancy Algorithm AlphaSense’s advanced algorithm also eliminates noise (i.e., This algorithm saves you precious time and energy, allowing you to get straight to analysis and other high-level tasks. It then uses color coding to help readers identify the document’s positive, negative, and neutral sentiments.

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Smart Data Collective

FEBRUARY 14, 2023

Brad Fisher a Partner and Data & Analytics Lead for KPMG has talked about some of the advantages that predictive analytics plays. “In today’s challenging business environment, it is not enough to do an average job managing fixed assets. In that case, you have a short time horizon.

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Datapine Blog

MAY 17, 2021

Deriving value from data in a modern business environment is crucial for any company’s success. The ability to discover as well as analyze patterns and trends within data sets enables businesses to provide themselves with a competitive edge, meet business goals, ensure success, and remain relevant in the digital era.

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CIO

MARCH 4, 2025

In finance, AI algorithms analyze customer data to upsell and cross-sell products at the right time, boosting revenue per customer. Many Fortune 500 companies now invest in AI, robotics and biotech startups through corporate venture arms, gaining insights and strategic advantage.

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Elegant BI

APRIL 26, 2019

Search Analytics using an NLP search are far easier to use and ensure that the business user gets the information they need easily and quickly. If you would like to find out how Natural Language Processing can help your users to leverage advanced analytics tools, Contact Us today.

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Elegant BI

JULY 3, 2017

When an enterprise selects a self-serve business intelligence solution with Advanced Data Discovery , Smart Data Visualization , Plug n’ Play Predictive Analysis and Self-Serve Data Preparation , it can create an environment where business users are empowered and become greater assets to the organization.

Business Intelligence 52

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CIO

FEBRUARY 18, 2025

Cloud-based enterprise data platforms like Snowflake, Databricks, AWS Redshift or Azure Data Factory can expose an abstracted semantic model and consumption layer that is business-ready for analytics clients like Power BI and Tableau. A decision made with AI based on bad data is still the same bad decision without it.

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Alpha Sense BI

OCTOBER 14, 2024

Therefore, concerns abound about how to properly use genAI, whether algorithms possess potential ethical and prejudicial tendencies , and the repercussions this could have for C-Suite leaders in the long run. While the second-guessing of genAI amongst corporate leadership in tech is founded, is it proving to be more harmful than beneficial?

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