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The Role of Business Intelligence in The Modern Commercial Organization

Smart Data Collective

They need to ask important questions such as what is the turnover, how much was the profit and what are the cost dynamics. But what does a business need this information for? To look at reports and give the command to optimize everything and cut costs to increase profits? Such questions arise in any company.

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Why Investing in Data Is Crucial for Business Growth In 2022

Smart Data Collective

IBM estimates that 90% of all data generated by the Internet of Things (IOT) is not analyzed, or utilized in business decision processes. Despite this, there are four key areaswhere data can help to shape better understanding of how your business is running – and plenty of tools to help you get there!

IBM cost 334
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Understanding ETL Tools as a Data-Centric Organization

Smart Data Collective

The data is initially extracted from a vast array of sources before transforming and converting it to a specific format based on business requirements. ETL is one of the most integral processes required by Business Intelligence and Analytics use cases since it relies on the data stored in Data Warehouses to build reports and visualizations.

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5 Amazing Benefits Of Big Data For Business Owners In 2020

Smart Data Collective

When business owners hear the words big data, they usually start to tune out because they think that it is meant only for major brands like Google and amazon. They think that is only feasible for multinational corporations that spare no expense in getting any kind of leading edge on the competition, for example.

Big Data 356
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Big Data Sets Impressive New Standards On Integrated Business Systems

Smart Data Collective

In 2013, Wired published a very interesting article about the role of big data in the field of integrated business systems. Author James Kobielus, the lead AI and data analyst for Wikibon and former IBM expert, said that there are a number of ways that integrated business systems are tapping the potential of AI and big data.

Big Data 259
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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

Big Data can also reduce costs, and it empowers medical professionals to focus on what they do best instead of worrying about analyzing paperwork. These tools, which offer exactly what recruitment agencies need in terms of timesheets, expenses, accounting, and payroll, made life easier for recruiters.

Big Data 267
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It’s Easy to Connect Enterprise Apps to BI Tools!

ElegantJ BI

Can My Business Leverage Data from Enterprise Apps by Connecting BI Tools? Imagine if you were able to connect a business intelligence solution or BI tool to your enterprise applications without expensive, cumbersome integration!

IBM cost 130