Promising Business

Data can be a company’s most valuable asset, providing the basis for predicting everything from future revenue to buying behavior and customer retention. Many companies have well-established business intelligence (BI) teams that review and analyze historical data for performance and management trends. But when companies want to move beyond traditional historical analysis to incorporate predictive analytics and artificial intelligence (AI), they face challenges in finding the talent and tools they need. Data scientists are hard to hire, and they are trained to focus more on research and model accuracy than on achieving specific business results. For businesses to make the […]

AI is strengthening its claws everywhere, leaving lasting notes on the world, from deep learning-enabled software to autonomous cars, smart robotics to IoT apps. In the Gartner Hype Cycle for Emerging Technologies, AI-enabled technologies have distinct ratings, indicating that AI is invincible in the technology world. We live in a time when everything is changing. Industries are undergoing changes. Small businesses are gradually gaining market share and developing a brand. In business, the term monopoly is slowly receding, and anyone with the appropriate strategy and new products can share revenue. Businesses, on the other hand, are attracted to AI business […]

In this world of ever-increasing data and information, it is only logical for a firm to think about Business Process Automation to reduce the running cost. This will enable the firm to not only increase the business productivity but also empowers the firm to know what they need to know at the right time. It can be a daunting task on hand for a team to wait for the IT Operations to get the ad-hoc reports which in turn increases the cost of the operations. The business intelligence will enable the end user to initiate the process which has been […]

Business Intelligence (BI) is a smart data analysis process. Businesses adopt them to boost their performance by gaining valuable insights into their critical operations by using BI reporting applications and analytics tools. A growing number of BI tools, software applications and infrastructures are being developed and deployed by enterprises around the world. From the identification of inefficient practices within an organization and the discovery of new operating opportunities to better work management and a real competitive edge in the market, businesses have been reaping dynamic results from the use of BI tools and applications. It is thus not surprising that, […]

When running a business, it’s important to know what works for you, what doesn’t work for you and what hasn’t worked out for you in the past as well as what you need to do further to improve in the future. A mere knowledge of the facts on the face value is not enough to empower people with the insights they need to make better business decisions. There are some questions that only a dedicated process can answer. This is where Business Intelligence (BI) comes in: it is a smart data analysis process that businesses adopt to boost their performance […]

Artificial Intelligence has emerged as one of the most disruptive technologies. From connecting us with the nearest drive and making our homes smarter to helping businesses automate and streamline their processes, Artificial Intelligence has penetrated deep into all aspects of life. In fact, just the other day, I was having a conversation with Gaurav about the Gartner IT Symposium and Xpo in Australia. He was reciting his experience and how a majority of the big shots of the industry are certain that Artificial Intelligence would have a major impact on Business Intelligence in the coming three-four years; substantial impact to […]

AI-enabled technologies have a remarkable position in triggering the capabilities of businesses. Be it about smart robots, autonomous vehicles, Machine Learning, or Deep learning technologies, Artificial Intelligence has made its roots powerful across the world. The rising complexities of business have given birth to the commercial adoption of AI in business analytics systems across industries. Besides, AI education has evolved to incorporate business intelligence into the curriculum since these AI skills can contribute to improved productivity in the workplace. The major use of Artificial Intelligence in Business Intelligence tools is to drive actionable insights from complex databases and augment enterprises […]

The business intelligence applications industry is growing each year with research reports from organisations like Forex Tribune projecting significant growth. There are several reasons for this growth, the proliferation of big data, the expansion of IoT and the need to better understand the collected information are all contributing factors in the growth of BI. However, despite the high value of its contributions, BI can still come with a few improvements. Improvements made thanks to Artificial Intelligence (AI). Hence, I will explain what BI is, how AI improves technology and what it means to organisations. Business Intelligence – What does it […]

AI and machine learning are transforming industries and improving how we use technology at an amazing pace, whether it’s accelerating drug discovery and therapeutics, allowing us to speak to our home appliances, or using facial recognition on our handheld devices. When it comes to business intelligence and data analytics, AI is also driving a new wave of innovation called augmented analytics that makes it easier for individuals of all technical skill levels to analyze volumes of data to accelerate more valuable business insights. Augmented analytics uses machine learning, artificial intelligence, and natural language processing (NLP) techniques – such as natural […]

Business intelligence (BI) is in a constantly evolving state where best practices are highly flexible. Right now, a hot topic is embedded BI and analytics. BI software has become almost a staple in any data-centric company regardless of size. Big or small, startup or well-rooted enterprise, the idea that data is power has finally begun to stick, and having quality tools to make this happen has become a business priority. With this new perspective, the days of simply buying a dashboard reporting software are coming to a close, and they’re being replaced with advanced, integrated reporting and analytics. In other […]