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What is business intelligence? Transforming data into business insights

CIO

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

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What is a business intelligence analyst? A key role for data-driven decisions

CIO

Business intelligence (BI) analysts transform data into insights that drive business value. What does a business intelligence analyst do? The role is becoming increasingly important as organizations move to capitalize on the volumes of data they collect through business intelligence strategies.

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What are decision support systems? Sifting data for better business decisions

CIO

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated.

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What is data science? Transforming data into value

CIO

A PhD proves a candidate is capable of doing deep research on a topic and disseminating information to others. Some of the best data scientists or leaders in data science groups have non-traditional backgrounds, even ones with very little formal computer training. Data science goals and deliverables.

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How Will The Cloud Impact Data Warehousing Technologies?

Smart Data Collective

Furthermore, it has been estimated that by 2025, the cumulative data generated will triple to reach nearly 175 zettabytes. Demands from business decision makers for real-time data access is also seeing an unprecedented rise at present, in order to facilitate well-informed, educated business decisions.

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What is data governance? Best practices for managing data assets

CIO

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.” Don’t neglect master data management.

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Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.