Remove 2020 Remove Cost-Benefit Remove Prescriptive Analytics
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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Suddenly advanced analytics wasn’t just for the analysts. The trends we presented last year will continue to play out through 2020. In 2020, BI tools and strategies will become increasingly customized. Read on to see our top 10 business intelligence trends for 2020! We are excited to see what this new year will bring.

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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Prescriptive Analytics. Augmented analytics uses artificial intelligence to process data and prepare insights based on them. Future of Business Intelligence: Benefits Provided.

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MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 trillion, up from USD 864 billion in 2019 to 2020. regulations, undergoing digital transformation and the need for cost-cutting.

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What is the Benefits of Real Time Data?

Jet Global

It’s no secret that more and more organizations are turning to solutions that can provide benefits of real time data to become more personalized and customer-centric , as well as make better business decisions. All of these benefits result in a healthier bottom line for your company. appeared first on insightsoftware.

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Getting Started With People Analytics

Sisense

According to a 2020 LinkedIn report , only about 29% of HR professionals report being able to successfully use insights about their people. Given that the average enterprise company now has 15-19 HR systems feeding it information and 85% of leaders say that people analytics are very important to the future of HR, this clearly has to change!

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The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

With a success behind you, sell that experience as the kind of benefit you can help improve. I believe this and my answers fit at the intersection of those previously asked/answered: Bland or kitchen sink approaches are easy to understand, even sell, but they don’t seem to be delivering sustained benefits.

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What Is Embedded Analytics?

Jet Global

These benefits provide a 360-degree feedback loop. Embedded analytics has proven to be a must-have for staying in compliance. In this new era, users expect to reap the benefits of analytics in every application that they touch. Users are coming to expect sophisticated analytics at little or no cost.