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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

Team Upskilling: Train business analysts on planning, gap analysis, scoping & blueprinting, cost-benefit calculation of new initiatives, solution architecture, modelling, elicitation, requirement management, performance management, and other improvement initiatives. Tools Updating: A business analyst is as good as his/her tools.

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Mosaic builds a global IT foundation for growth

CIO Business Intelligence

Deloitte Digital principal Nate Clark, who worked with Mosaic, emphasizes the end-to-end nature of the transformation, from supply chain to sales. Its crop nutrients and fertilizer, which are critical elements to growing healthy foods, for example, are distributed to farmers in Brazil, China, India, and Peru, the CIO notes.

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What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Smarten

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity.

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Smarten

How Can Multiple Linear Regression Be Helpful for Business Analysis? If we consider the use cases below, we can see the value of Multiple Linear Regression analysis. Business Problem: An ecommerce company wants to measure the impact of product price, product promotions, and holiday seasonality on product sales.

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How Data Analytics Is Revolutionizing The Future Of eCommerce In 2020

Smart Data Collective

Experts forecast that ecommerce providers will spend $6.2 trillion by 2023 and constitute 17% of all B2B sales. With so much at stake, it’s surprising that many B2B sellers are slow adding an online sales channel. How much of a role will big data play in ecommerce? billion on big data by 2025. Types of B2B eCommerce solutions.

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Revolutionizing budgeting and planning processes for a retail giant

IBM Big Data Hub

They improved governance and transparency across different brands and countries, enabling a sharper focus on strategic business analysis to drive growth and innovation.” ” The new solution delivered significant automation based on clicks from the user interface and simplified financial processes.

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The 10 highest-paying industries for IT talent

CIO Business Intelligence

There’s a demand for skills such as cybersecurity, cloud, IT project management, UX/UI design, change management, and business analysis. But you’ll also find demand for quality assurance, DevOps, technical support, and software sales engineers. Average salary: US$131,995 Increase since 2021: 0% 2.

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