MajorBI
Ray Major - Business Intelligence Thought Leader & Strategist of Halo Business Intelligence
BI Related Articles
Business Intelligence is not a magic tool that can stand alone. A successful business Intelligence implementation requires clean data in the backend and human intelligence in the front end. The articles below discuss the various aspects of business that work closely with business intelligence.
Key performance indicators measure the quality of an organization’s performance and assist in developing performance goals and strategies. In many cases, key performance indicators are posed as questions that need to be answered, and the answers provide the indications of organizational performance and strategic development. While developing key performance indicators might seem like a challenging task, it is an essential one for a company that plans to succeed. What is more, developing key performance indicators takes time but is not necessarily difficult; it requires largely the ability to bridge the gap between goals and results.
Predictive analytics is business intelligence technology that produces a predictive score for each customer or other organizational element. Assigning these predictive scores is the job of a predictive model which has, in turn, been trained over your data, learning from the experience of your organization.
For individuals who are new to the field of intelligence gathering, be it competitive intelligence, marketing intelligence or business intelligence, there are some basic information product deliverables that should be mastered regardless of the industry.
Let’s step back from all of the questions on “how” big data and data analytics can be applied, and take a peek into “where” it would work within the enterprise. This high-level view isn’t meant to ignore the outstanding challenges big data poses in areas such as integration, storage and mining; rather, it’s a point of reference to where the trendy topic could be practical.