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6 Case Studies on The Benefits of Business Intelligence And Analytics

Data Pine

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Experience the power of Business Intelligence with our 14-days free trial! Why Is Business Intelligence So Important?

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Execs need better data—not big data—if they want better insights

Domo

In a recent study by CFO Research, 150 senior finance executives reported that they don’t have access to some of the most critical data in their organizations. You’d be hard pressed to find more important numbers for a senior finance executive to know inside and out, and yet many of them are in the dark. A top area of investment.

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Domo Has Raised $125M in Series C From Another Group of Amazing Investors

Domo

Domo Closes $125 Million Series C Financing from TPG Growth, Fidelity Investments, T. Check out this excerpt from yesterday’s announcement. TPG Growth, the middle market and growth equity investment platform of TPG, led the round and will take a board seat.

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Goodbye Oracle Discoverer, Hello Next-Generation Reporting

Insight Software

Oracle’s 2014 Statement of Direction laid out its support strategy. It’s also important to consider your business objectives, both inside and outside finance. Finally, talk to stakeholders in finance, IT, and the C-suite about what the ideal reporting process looks like to both producers and consumers.

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Replacing Oracle Discoverer: The Smart Way

Insight Software

Oracle recommends that Discoverer users migrate to Oracle Business Intelligence Foundation Suite. Back in 2014, The Lab Consulting wrote in CFO.com about the waste that exists in management reporting. Their analysis highlighted that the average annual production cost of each report that finance teams maintain is around $8,000.

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What is the Benefits of Real Time Data?

Insight Software

According to a recent Forbes article, “the prescriptive analytics software market is estimated to grow from approximately $415M in 2014 to $1.1B ” The article goes on to state that “by 2020, predictive and prescriptive analytics will attract 40% of enterprises’ net new investment in business intelligence and analytics.”

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All You Need to Know About Data Aggregation

Astera

These are some uses of hierarchical aggregation in a few industries: Finance: Evaluating financial data by transaction, account type, and branch. Business Intelligence Platforms Business Intelligence (BI) platforms offer advanced data aggregation and visualization features so you can analyze and present business data.