Artificial Intelligence (AI) has grown steadily over the years from its humble Academic inclusion in 1956 to its modern applications in Self Driving Tesla’s. Its growth has lead to its applications in various fields and industry. An example is AI in Healthcare, by using algorithms and software to approximate human cognition in the analysis of complex medical data. This trend has lead Business Intelligence experts to explore a possible marriage between AI and BI which I want to explore in the post.
These days SMB’s are getting ahead thanks to the emergence of big data. With business intelligence (BI) tools and software, small companies and organizations have a way of achieving success rates previously only thought possible for big corporations. Ultimately, it comes down to how well SMBs use the acquired data. Here are a few things they are doing with big data and insights in a way that yields positive gains.
Qlik Sense and Qlikview are two Products from the same stable with slightly different DNA. Qlik has seen their valuation top $2 billion and Qlik Sense is growing phenomenally to help boost the company's revenues even further. Lets take a look at both side by side.
Dealing with Data about their prospects, Customers, internal business processes, suppliers, partners and competitors has become the norm of Enterprises. Transforming this Data into actionable insights to increase efficiency, and profits is making organizations turn to BI tools. The BI tool market is mature but still constantly evolving to meet the ever-changing analytical needs of Organizations. How do I choose what tool to suit my organization you may wonder? You should determine which tool enables the types of analysis your users need and will use. Some tools are great at drilling down data and terrible at Visuals others just have fantastic dashboards but rely on another tool for its Data. If you consider the traits below you will have no problems with choosing the right tool for your BI needs
According to a recent survey, many users are still using Microsoft Excel spreadsheets to analyze and report on corporate data. These same users also spend much of their data-gathering time correcting out-of-date information in these Excel spreadsheets. So what are the real benefits of using Excel spreadsheets to analyze and report data? What additional benefits do business intelligence (BI) tools offer?
The Elections are here and gone, whether you like the results or not is no longer important. The data generated from this election is important to both major US parties for the next elections. They are still collating all the Data to hel them win in 2020.
The growth of internet of things (IOT) It has taken over two decades for the ‘concept’ of the Internet of Things to become a reality that will impact many areas of business and society. Yet, it will take several more years before it is a daily reality in all possible areas, for numerous reasons. At the same time, among others driven by new connectivity solutions and the cloud, as well as other 3rd platform technologies, the number of IOT applications and the number of connected devices are both accelerating. Add to that viable business models, technologies designed to leverage IOT-generated data fast and it’s clear that the Internet of Things is evolving fast and has found fertile ground to be leveraged in valuable ways.
What is a dashboard?
The panel facing the driver of a vehicle or the pilot of an aircraft, containing instruments and controls.The definition above is what generally comes to mind when thinking about dashboards, because the word was originally used to describe the fascia of vehicles. Looking closely at this definition, a dashboard generally is like an information hub for the Driver of a vehicle, giving key stats of what is happening with the vehicle in real time, and the controls allows him to make fine adjustments and probe further to understand what’s happening to the vehicle.
A ‘data warehouse’ or an ‘enterprise data warehouse’ is a computer-based term that is given to a system. The system is basically used for analysing and reporting data. Data warehouses are central storehouses/ depositories that store data coming from a single or multiple incongruent sources. These warehouses are enterprise strategies that are aimed at solving problems related to fixed data (data silo) or data that is isolated, and which is not accessible and well- integrated to other parts of the firm.
What is big data? We hear this term tossed around the media a lot. Big data is something big and scary. Google and Facebook are gobbling up everyone’s data and turning it into big data. No one really takes the time to explain what it is. Big data isn't hard to understand nor is it scary. So, again, what is big data?