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Showing posts with the label Social BI and Analytics

Types of Analytics Used in Organizations

Data analytics in businesses help uncover competitive intelligence, actionable insights and trends. Different types of analytics enable businesses to gain an edge over their competitors. In the “data first” era, data-driven insights and decisions have become the key drivers of business performance. The Raw Data for Different Types of Analytics Every business collects a vast range of data, namely sales data, supply chain data, customer data, employee (HR) data, transactional data, and much more. The data sources or channels can be numerous—sensors, applications, surveys, emails, or chats. The data type can be structured, semi-structured, or unstructured. Businesses have to rely on data analytics to make sense of huge piles of collected data. The raw data is collected, cleaned, and prepared, then analyzed for result-oriented outcomes. Data analytics can be applied to different business functions in different ways: predictions for the future; audience behaviour trends for marketing; quart...

Social BI: A Recipe for Success

Social BI Guides Administrators by Highlighting the Type of Content Users Want! Social networks and social media affect the lives of consumers and business users alike. Everyone knows them, and everyone uses them. Every aspect of modern life involves sharing and social interaction, Imagine an environment where business users can access a business intelligence and analysis portal and see popular data to rate, share and comment. This type of sharing can optimize resources by allowing users to access reports, dashboards and data that might be just what they need to complete a task or analysis. When you implement social media and social networking within the Business Intelligence environment business users can share, rate, discuss and learn from others. With  Social BI , organizations will see the emergence of power users who take a creative, insightful approach to data analysis. Just as social media users can ‘Like’ or ‘Share’ a provocative post from another user, a socia...