Business Analysis Knowledge Share

OCTOBER 24, 2023

This article aims to provide a comprehensive overview of Data Warehousing, breaking down key concepts that every Business Analyst should know. Introduction As businesses generate and accumulate vast amounts of data, the need for efficient data management and analysis becomes paramount.

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Astera

APRIL 29, 2024

It would focus on what the customer wants, how the market is behaving, and what other competitors are doing, all through the lens of fresh, accurate data. In short, a data governance strategy includes the following: Establishing principles, policies, and procedures for data management.

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Astera

JANUARY 19, 2024

Shortcomings in Complete Data Management : While MuleSoft excels in integration and connectivity, it falls short of being an end-to-end data management platform. Notably, MuleSoft lacks built-in capabilities for AI-powered data extraction and the direct construction of data warehouses.

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Astera

JANUARY 18, 2024

Data Quality : It includes features for data quality management , ensuring that the integrated data is accurate and consistent. Data Governance : Talend’s platform offers features that can help users maintain data integrity and compliance with governance standards.

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Astera

FEBRUARY 14, 2024

Ensure alignment with Salesforce data models and consider any necessary data cleansing or enrichment. Data Extraction: Extract data from the source systems according to the mapping plan. Data Transformation: Apply necessary transformations to the extracted data to align it with Salesforce requirements.

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Astera

DECEMBER 28, 2023

Informatica, one of the key players in the data integration space, offers a comprehensive suite of tools for data management and governance. However, for reasons such as cost, complexity, or specific feature requirements, users often seek alternative solutions. What Is Informatica? Look no further. Try Astera.

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Astera

DECEMBER 28, 2023

Informatica, one of the key players in the data integration space, offers a comprehensive suite of tools for data management and governance. However, for reasons such as cost, complexity, or specific feature requirements, users often seek alternative solutions. What Is Informatica? Look no further. Try Astera.

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Astera

APRIL 10, 2023

A staggering amount of data is created every single day – around 2.5 quintillion bytes, according to IBM. In fact, it is estimated that 90% of the data that exists today was generated in the past several years alone. The world of big data can unravel countless possibilities. What is Big Data Integration?

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The BAWorld

SEPTEMBER 27, 2024

Learn other data analyst skills in our TechCanvass’s Data Analytics course. What is Data Modeling? Data modeling is the process of mapping how data moves from one form or component to another, either within a single database or a data management system.

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Whizlabs

APRIL 19, 2021

Rick is a well experienced CTO who can offer cloud computing strategies and services to reduce IT operational costs and thus improve the efficiency. From there to management role and now he is a chief revenue officer at OneUp Sales. He guest blogs at Oracle, IBM, HP, SAP, SAGE, Huawei, Commvault, Equinix, Cloudtech.

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Astera

FEBRUARY 6, 2024

IBM estimates that the insurance industry contributes significantly to the creation of 2.5 quintillion bytes of data every day, with claims data being a major contributor to this massive volume. Manual processing of this data is no longer practical, given the large data volume.

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Astera

MARCH 13, 2023

It’s a tough ask, but you must perform all these steps to create a unified view of your data. Fortunately, we have an enterprise-grade data management platform to solve this conundrum. SQL Anywhere is compatible with multiple platforms, including Windows, HP-UX, Mac OS, Oracle Solaris, IBM AIX, and UNIX.

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Astera

AUGUST 12, 2024

Fraudsters often exploit data quality issues, such as missing values, errors, inconsistencies, duplicates, outliers, noise, and corruption, to evade detection and carry out their schemes. According to Gartner , 60% of data experts believe data quality across data sources and landscapes is the biggest data management challenge.

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Astera

FEBRUARY 9, 2024

According to a survey by Experian , 95% of organizations see negative impacts from poor data quality, such as increased costs, lower efficiency, and reduced customer satisfaction. According to a report by IBM , poor data quality costs the US economy $3.1 Saving money and boosting the economy.

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Sisense

MARCH 20, 2019

As a simple, dynamic and scalable database, the motivation behind the language is to allow you to implement a high performance, high availability, and automatic scaling data system. Get ready data engineers, now you need to have both AWS and Microsoft Azure to be considered up-to-date. Cloud Migration.

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Data Pine

MARCH 31, 2022

For instance, you will learn valuable communication and problem-solving skills, as well as business and data management. Added to this, if you work as a data analyst you can learn about finances, marketing, IT, human resources, and any other department that you work with. BI consultant.

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Actian

JULY 31, 2019

Primarily, Relational DataBase Management Systems (RDBMS) managed the needs of these systems and eventually evolved into data warehouses, storing and administering Online Analytical Processing (OLAP) for historical data analysis from various companies, such as Teradata, IBM, SAP, and Oracle.

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Astera

APRIL 24, 2024

Example Scenario: Data Aggregation Tools in Action This example demonstrates how data aggregation tools facilitate consolidating financial data from multiple sources into actionable financial insights. Loading: The transformed data is loaded into a central financial system.

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Astera

AUGUST 28, 2024

Ad-hoc analysis capabilities empower users to ask questions about their data and get answers quickly. Cons One of the most expensive tools for analysis, particularly for organizations with many users. Users on review sites report sluggish performance with large data sets. Amongst one of the most expensive data analysis tools.

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Astera

APRIL 10, 2023

In today’s digital landscape, data management has become an essential component for business success. Many organizations recognize the importance of big data analytics, with 72% of them stating that it’s “very important” or “quite important” to accomplish business goals. Try it Now!

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Insight Software

MAY 1, 2023

Data visualizations are no longer driving revenue: Everyone from Google to Amazon now provides low-cost or no-cost visualization tools that drive down the perceived value of data visualizations. Users are coming to expect sophisticated analytics at little or no cost. End users expect more from analytics too.

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Insight Software

NOVEMBER 14, 2024

Not only does cloud migration allow businesses to adapt and scale with speed and efficiency, but it also provides better accessibility, lower costs than many on-prem solutions, better security, and improved integration options with other cloud-based applications. Today moving to the cloud is not an if, but a when. 

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Insight Software

MARCH 25, 2024

However, in order to thrive, they must also operate sustainably and mange costs. Without a strong financial monitoring system, a hospital cannot plan for the long term and risks having to make abrupt decisions at the expense of customer satisfaction. How to Choose the Most Impactful Hospital KPIs?

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Insight Software

JUNE 25, 2023

However, in order to thrive, they must also operate sustainably and mange costs. Without a strong financial monitoring system, a hospital cannot plan for the long term and risks having to make abrupt decisions at the expense of customer satisfaction. How to Choose the Most Impactful Hospital KPIs?

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Insight Software

APRIL 25, 2024

This requirement includes establishing financial reporting standards, ensuring data security controls, monitoring attempted breaches, keeping track of electronic records for audits, and demonstrating compliance. Internal Controls : Companies must establish and maintain internal control structures and procedures for financial reporting.

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Insight Software

MARCH 23, 2024

5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue. A rising ratio points to a potential expense mismanagement and must be immediately addressed. It signifies the credit quality of the government entity.

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Insight Software

APRIL 25, 2024

By reconciling bank statements with cash records, businesses can ensure that account activity is accurately recorded, identify any reconciliation discrepancies or unauthorized transactions, and maintain adequate cash balances to meet operational needs.

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Insight Software

SEPTEMBER 25, 2024

As a software vendor, providing your customers with a robust and adaptable analytics platform is crucial for maintaining a competitive edge. By investing in a flexible and scalable analytics infrastructure, you can empower your customers to extract maximum value from their data, drive innovation, and make informed decisions.

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Insight Software

MAY 9, 2024

Data Loading : The transformed data is loaded into the destination system, such as a data warehouse , data lake, or another database, where it can be used for analytics, reporting, or other purposes. By processing data as it arrives, streaming data pipelines support more dynamic and agile decision-making.

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Insight Software

SEPTEMBER 19, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. Data Access What insights can we derive from our cloud ERP? What are the best practices for analyzing cloud ERP data? How do I access the legacy data from my previous ERP?

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Insight Software

AUGUST 15, 2024

Organizations that use ERP and EPM software are often more successful at supply chain management, as these solutions provide integrated platforms for data management, process automation, demand planning, supply chain optimization, performance monitoring, and collaboration.

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Insight Software

NOVEMBER 12, 2024

However, it also brings unique challenges, especially for finance teams accustomed to customized reporting and high flexibility in data handling, including: Limited Customization Despite the robustness and scalability S/4HANA offers, finance teams may find themselves challenged with SAP’s complexity and limited customization options for reporting.

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Insight Software

JUNE 23, 2023

5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue. A rising ratio points to a potential expense mismanagement and must be immediately addressed. It signifies the credit quality of the government entity.

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Insight Software

APRIL 4, 2024

Both D365 BC and D365 F&SCM are built with a cloud-first strategy and available in on-premises (on-prem) and cloud deployments, giving you the flexibility to choose the implementation that works best for your business needs, now and in the future.

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Insight Software

SEPTEMBER 15, 2023

But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload. On-prem ERPs are hosted and maintained by your IT department and typically can only be accessed via an in-office network connection or VPN remote connection.

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Insight Software

JUNE 17, 2024

This allows them to take proactive measures to address potential shortfalls, such as negotiating payment terms with raw materials suppliers, securing additional financing, or implementing cost-saving measures to ensure they always have enough cash on hand. Consider the timing of cash inflows and outflows when calculating the forecast.

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Insight Software

OCTOBER 31, 2024

As a finance team member, it’s likely your main goals are to reduce risk, improve profitability, and maintain exceptional levels of compliance. To achieve success, you need direct access to accurate data from your ERP and the ability to quickly create drillable Excel reports for GL and other finance requirements.

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