David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

Used effectively, it focuses budget discussions on why a specific staffing plan is necessary to achieve business objectives rather than negotiating a percentage change in the budget. A major practical benefit of using AI is putting predictive analytics within easy reach of any organization.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

Smart Data Collective

MAY 3, 2022

Data analytics technology helps companies establish better price points. Here are some benefits of using big data to address pricing challenges: You can use predictive analytics technology to anticipate upcoming events that will influence the market and force you to change your pricing model.

Data Analytics 111

Data Analytics Analytics Big Data Sales 111

datapine

MARCH 31, 2022

A BI consultant needs to provide expertise in the design, development, and implementation of BI and analytics tools and systems. It allows its users to extract actionable insights from their data in real-time with the help of predictive analytics and artificial intelligence technologies.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

MARCH 19, 2025

Encourage cross-functional collaboration : Partner with IT, operations and finance teams to align data-driven sustainability efforts with broader business objectives. By leveraging expertise in data governance, analytics and AI, they can help organizations align ESG goals with business objectives, ensuring long-term success.

IT 59

IT Data Governance Data-driven Metrics 59

Decision Management Solutions

APRIL 15, 2019

Carriers know that leveraging customer data and predictive analytics at the individual customer level is the best way to drive new revenue, build loyalty, and increase customer retention rates.Engaging and growing relationships with younger consumers is a particularly important part of many carriers’ strategic objectives.

Insurance 63

Insurance Technology Predictive Analytics Sales 63

datapine

JUNE 15, 2023

They enable users to evaluate if their efforts are resulting in the completion of crucial business objectives. In this case, we can see that the business reached its overall sales target by 115%. Learn from your reports Just like any other business-related activity, reporting is a learning process.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

Cloudera

JANUARY 5, 2023

As more industries mature digitally and widely adopt AI and machine learning technologies, 2023 will be a pivotal year for organizations looking to deploy emerging tech solutions company-wide to fulfill business objectives. 1- Treating data as a strategic business asset .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

datapine

JANUARY 18, 2023

With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition. With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies.

Reporting 201

Reporting Metrics Dashboards Visualization 201

Ontotext

NOVEMBER 22, 2020

The goal is to make it easier to encode the business knowledge of personnel such as business analysts who have the best understanding of the business and the most well-rounded domain knowledge. Semantic Objects and the Semantic Objects Modeling Language (SOML) is a simple way to describe business objects or domain objects.

Metadata 72

Metadata Cost-Benefit Unstructured Data Technology 72

Sisense

OCTOBER 27, 2020

Strategic analytics. Predictive analytics are the next step in your HR analytics journey. Before you start building your people analytics program, you need to understand your company’s specific needs and what problems you are trying to solve. Validate these with your stakeholders to get their buy-in. Start small!

People Analytics 74

People Analytics Analytics Cost-Benefit Key Performance Indicator 74

IBM Big Data Hub

OCTOBER 20, 2023

Apart from pricing, there are numerous other factors to consider when evaluating the best AI platforms for your business. Gaining an understanding of available AI tools and their capabilities can assist you in making informed decisions when selecting a platform that aligns with your business objectives.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

IBM Big Data Hub

NOVEMBER 30, 2023

It includes a series of interconnected processes and initiatives designed to align the organization’s talent needs with its business objectives. Assess current and future needs Conduct a thorough assessment of current and future talent the organization requires to achieve its business objectives.

Strategy 61

Strategy Cost-Benefit Consulting Data-driven 61

IBM Big Data Hub

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. It also benefits from advanced asset management software, like IBM Maximo.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

FineReport

APRIL 26, 2023

Descriptive Analytics is used to determine “what happened and why.” ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. To choose the right big data analytics tools, it is important to consider various factors specific to the business.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

AWS Big Data

MARCH 26, 2024

Amazon Redshift offers real-time insights and predictive analytics capabilities for analyzing data from terabytes to petabytes. Ismail focuses on architecting solutions for organizations across their end-to-end data analytics estate, including batch and real-time streaming, big data, data warehousing, and data lake workloads.

Data Strategy 98

Data Strategy Strategy Data Warehouse Prescriptive Analytics 98

Cloudera

JANUARY 22, 2019

High-value Analytics. Enterprises seek high-value, agile analytics. An organization needs a unified data management and analytics platform that can support its business objectives. Source: Cloudera. Enterprises are looking for greater agility to detect change and respond proactively.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Rita Sallam

JULY 22, 2016

Like when Oracle acquired Hyperion in March of 2007, which set of a series of acquisitions –SAP of Business Objects October, 2007 and then IBM of Cognos in November, 2007. See: The Rise of Data Discovery Has Set the Stage for a Major Strategic Shift in the BI and Analytics Platform Market for a discussion of this topic.

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

FineReport

APRIL 24, 2024

These insights serve as valuable inputs for strategic planning initiatives, allowing decision-makers to align their actions with empirical evidence and predictive analytics. Proactively tailoring a dashboard to align with your business objectives sets the stage for enhanced performance and informed decision-making.

Visualization 52

Visualization Dashboards Interactive Key Performance Indicator 52

CIO Business Intelligence

JUNE 29, 2022

Based on our extensive interactions with businesses worldwide, here are five of the foremost changes happening in companies that are advancing with predictive analytics: 1. Businesses will move from data to science. For years, businesses have focused on identifying and wrangling credible valuable data sources.

Predictive Analytics 122

Predictive Analytics Analytics Business Objectives Data-driven 122

datapine

APRIL 9, 2019

To put this into perspective, here are 6 primary reasons why you should embrace the power of human resource reports: Comprehensive business dashboards provide companies with the ability to forecast future HR events for risk mitigation and effective planning via predictive analytics capabilities.

Reporting 155

Reporting Dashboards Metrics Cost-Benefit 155

Smarten

JUNE 2, 2017

Since it is the prerogative of a consultant to question and modify predominant jargon, I am hatting (yes, this too is an English word) …I am hatting myself in the hat of a consultant this morning, and I am questioning the application of the term “ Business Intelligence.” This was early predictive or was it?

Business Intelligence 40

Business Intelligence Visualization Prescriptive Analytics Predictive Analytics 40

Cloudera

DECEMBER 9, 2024

Flexible APIs : With support for Open Inference Protocol and OpenAI API standards, users can deploy models for diverse AI tasks, including language generation and predictive analytics. Image: Clouderas platform supports a wide range of AI applications, from predictive analytics to advanced GenAI for industry-specific solutions.

Predictive Analytics 74

Predictive Analytics Data Processing Modeling Optimization 74

AWS Big Data

OCTOBER 24, 2024

Industry use cases The following are example industry use cases where Immuta and Amazon Redshift integration adds value to customer business objectives. This constraint affects the development of next-generation, data-driven tactics, including patient care models and predictive analytics for drug research and development.

Data Warehouse 111

Data Warehouse Business Objectives Data-driven Management 111

CIO Business Intelligence

JANUARY 9, 2025

While their technical expertise is invaluable, it can sometimes result in a narrower focus on IT operations rather than broader business objectives. To lead effectively, CIOs must bridge the gap between IT and business strategy. In healthcare, predictive analytics could be used to improve patient outcomes while reducing costs.

Strategy 52

Strategy Measurement Business Objectives Consulting 52

CIO Business Intelligence

MARCH 18, 2025

In todays digital economy, business objectives like becoming a trusted financial partner or protecting customer data while driving innovation require more than technical controls and documentation. Security capabilities need to support rapid delivery of business value while ensuring appropriate protection against threats.

Risk Management 99

Risk Management Risk Management Metrics 99