A Data Science Central Community
This article suggests a few types of insights and reports you can generate by applying analytical methods and techniques to your business intelligence platform (assuming it's a centralized one that…Continue
For many non-technical individuals in the business world, data modeling can seem like a strange and somewhat terrifying realm. Even those who are data-savvy and regularly consult and analyze data in their day-to-day operations will often view modeling as perplexing under-the-hood stuff that is best left to data analysts or IT staff.
To an extent, there’s some truth to this: advanced data modeling can quickly become a complicated affair (although the right business intelligence…Continue
Realizing that you can only improve what you measure is a good way to think about KPIs. Often companies want to improve different aspects of their business all at once, but can’t put a finger on what will measure their progress towards overarching company goals. Does it come down to comparing the growth of last year to this year? Or, is it just about the cost of acquiring new customers?
If you’re nervously wondering now, “wait, what is my cost per deal”, don’t sweat…Continue
Launching a new business intelligence initiative or project can be tricky: while we’re staunch believers in agile BI and quick wins, it’s important for both the BI person and the business executives to first align their needs and expectations, and to understand what the organizations hopes to achieve. The good news is, an efficient business analyst can get it done in a day or two.
After all, it makes sense that before you dive…Continue
A research paper by renowned consultancy Aberdeen Group reveals that “[data] complexity is often best answered with simplicity”. Several new surveys conducted by the group reveal some interesting findings with regards to the costs and benefits of using an integrated tool for data preparation, querying and visualization, as opposed to the “assembly line” approach of dividing these tasks between various proprietary DW, ETL and visualization tools.
The main finding is that…Continue