August, 2022

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Using Data Analytics to Understand Gross Margin Attribution

Dataversity

Companies across sectors and of all sizes face a common problem: understanding their profit margins and identifying the levers that are attributing to those margins. It’s as fundamental to business operations as you can get – if the margin isn’t there, you’re not going to have a viable business, and in an increasingly data-driven world, businesses that […].

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Expert Masterclass: Meeting Today’s Biggest Business Challenges With Data Science | Simplilearn webinar starts 30-08-2022 15:30

Simplilearn

How are Data Scientists and Analysts solving some of the biggest challenges businesses face today? And how can you join them? In this expert masterclass Ronald van Loon, CEO, Intelligent World will share his insights into: Today’s most pressing business challenges Data science’s contribution to solutions to these challenges Example: data sc. Read More.

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5 Ways B2B Companies Can Use Analytics for Pricing

Smart Data Collective

Analytics technology is very important for modern business. Companies spent over $240 billion on big data analytics last year. That figure is expected to grow as more businesses discover its benefits. There are many important applications of data analytics technology. One of the most important is with helping companies set their prices correctly. Analytics Can Be Essential for Helping Companies with their Pricing Strategies.

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Empathy in Product Management

Roman Pichler

Listen to this article: [link]. What is Empathy and What is It Not? Empathy is our capacity to understand other people’s feelings and needs, to take the perspective of another person. Empathy entails a warm-hearted, open, and kind attitude. This does not mean, though, that you must like the other person and that you must be happy and smiley all the time—nor does it mean sugar-coating messages, only telling people what they want to hear, and putting up with issues.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Understanding Earned Value Management and Formulas | Simplilearn

Simplilearn

Earned value management is an essential part of the Project Cost Management knowledge area and an important topic for the PMP® certification exam. There are several terms and formulas in earned value management that those in PMP certification training must understand and memorize for the exam. In this article, we will take a look at these importa. Read More.

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Unlock The Power of Your Data With These 19 Big Data & Data Analytics Books

Data Pine

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. This trend has been brought about by the new demands of the modern marketplace, and it’s here to stay. The rate at which data is generated has increased exponentially in recent years. To put this into perspective, 40,000 search queries are performed per second via Google alone – this equates to 3.46 million searches per day and 1.2 trillion each year.

Big Data 105
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Sprint Review – Make it Much More Than a Demo…

Agile Velocity

In a previous post in our Scrum Assessment Series , we shared some ideas to help catalyze engaging sprint reviews. Here, we take a deeper dive into the topic of awesome Sprint Reviews. Creating Feedback Loops. The Sprint Review, just like the Retrospective , is an important feedback loop in a Scrum team’s toolbox. Why is the Review so important? Because it ensures that the team members and their stakeholders are in sync on the priorities, the work being done, and the value being created.

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What is the IoT and How is it Changing the World?

Smart Data Collective

The Internet of Things (IoT) has been on the rise in recent years, and it’s becoming more and more common among consumers, businesses, and governments alike. IoT refers to any connected physical device that can send or receive data over the internet, including smartphones, computers, speakers, security cameras, thermostats, door locks, vehicles—the list goes on and on.

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50 Most Dangerous Words for Business Analysts

BA Times

As business analysts, it’s our primary responsibility to bring clarity to requirements communication. Unfortunately, many words spoken by our stakeholders can be ambiguous. Not understanding these words in their proper context or without adequate information can lead to situations where different stakeholders can have a different understanding of the same word.

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Business Valuation Software: Free Guide to Valutico Platform

Explore our free guide to Valutico, the platform that revolutionizes automated report generation, offers access to 1 million M&A transactions, enables quick benchmarking, and streamlines the entire valuation process. With Valutico, you gain access to: 30-Minute Valuations: Rapidly producing accurate results. 3TB of Financial Data: The expansive data you need at your fingertips.

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Machine Learning Transforms Cloud Providers into Custom Chip Developers | Simplilearn

Simplilearn

Introduction I remember my first exposure to cloud computing quite clearly. I attended an enterprise architecture meetup, and someone from Amazon was talking about a new service from the company called Amazon Web Services (AWS) that offered what he referred to as “Infrastructure as a Service” (this was so early in AWS’s life that the term cl. Read More.

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The art of writing good documentation

Analysts Corner

Credit: Issa Arts Artwork?—?Identity Crisis. Personal illustrations series. Documentation is dead. It’s a big waste of time. It’s stale the moment it’s done. Nobody has the time to write it. Does anyone even read it? All are good excuses for writing little to no documentation for your software projects. But that’s precisely what they are: excuses. Because if good documentation “is a love letter you write to your future self” ( Damian Conway ), then no documentation is a trap you set for your fu

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Why the Consumable Form of Data Needs Your Attention

Dataversity

How organizations manage their data directly impacts their success or failure. The correlation between data analytics and intelligence to competitive advantage and growth has led to heavy investments in those technologies throughout the last decade. So, if you consider that content is the consumable form of data, then it follows that the era of big […].

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Integrated Tally Mobile Analytics Improves ROI and TCO!

ElegantJ BI

Increase the ROI and TCO of Tally ERP with Integrated Tally Mobile Analytics! If you are considering, or have already purchased software, you probably faced the questions from your management team about return on investment (ROI) and total cost of ownership (TCO). No doubt, your team did their homework when the business acquired Tally ® ERP software.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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7 Enterprise Applications for Companies Using Cloud Technology

Smart Data Collective

The market for cloud technology is booming. Companies spent over $405 billion on cloud services last year. The sudden growth is not surprising, because the benefits of the cloud are incredible. Enterprise cloud technology applications are the future industry standard for corporations. Cloud computing has found its way into many business scenarios and is a relatively new concept for businesses.

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The Importance of Creativity in Business Analysis

BA Times

Being creative may seem contradictory to an analyst structured approach to everyday tasks but this is far away from truth. Creativity is something required in every aspect of our life. Although, a deterministic approach is synonymous to analysis and decisions are being made using careful research, still there is much room for creativity. In the […].

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SQL Insert: The Best Way to Populate Database Tables | Simplilearn

Simplilearn

Tables are the backbone of any database system and they have the ability to store more than 30 types of data. Tables provide a systematic way of storing data to keep your database organized. The SQL insert command is an essential part of SQL and if users don’t execute it properly, it is impossible to store data in database tables. What Is SQL I. Read More.

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The 4 Ingredients Required To Become A Successful Business Analyst

Analysts Corner

What you need to be a successful Business Analyst?—?not so hard! People often ask me how to become successful as a Business Analyst. It’s not a walk in the park, but if you apply yourself the rewards are immense where you get to enjoy the following in abundance: Variety : The Business Analyst role is so diverse that you’re never lacking in something new to do?

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Maximize Productivity and Simplify IT Management with Conversational AI

ChatGPT has dominated boardroom conversations for months now. From drafting a stock trading program, to creating a SQL query to model data, there are practically no limits to the applications of the AI language model assistant. At ManageEngine, we have been working on our own AI-assistant, Zia. Zia is a fully-trained analytics assistant that can perform a range of functions such as creating and adding reports to dashboards, providing conversational support to data analysis, insight discovery, bu

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Understanding Machine Learning Within an AI Context

Dataversity

Machine learning is ubiquitous in our everyday life. Whether or not you know it, the odds are that machine learning powers the applications you use daily. It’s the underlying technology behind many apps on your smartphones, from Siri to virtual assistants to Google Maps and more. Businesses also use AI and machine learning to automate processes, gain […].

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Integrated Tally Mobile Analytics Improves ROI and TCO!

ElegantJ BI

Increase the ROI and TCO of Tally ERP with Integrated Tally Mobile Analytics! If you are considering, or have already purchased software, you probably faced the questions from your management team about return on investment (ROI) and total cost of ownership (TCO). No doubt, your team did their homework when the business acquired Tally ® ERP software.

Finance 130
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SQL Server and the Cast Function for Data-Driven Companies

Smart Data Collective

A growing number of businesses are relying on big data technology to improve productivity and address some of their most pressing challenges. Global companies are projected to spend over $297 billion on big data by 2030. Data technology has proven to be remarkably helpful for many businesses. However, companies also encounter a number of challenges as they try to leverage the benefits of big data.

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Add some UMPH to your UML

BA Times

In the world of analysis, at least one thing is true: if you like diagrams, you have probably come to be close with Unified Modeling Language (UML). UML Diagrams are helpful to show flows and relationships of information. This helps to illustrate data points, structure and interactions. Here are some ways to enhance their effectiveness […]. The post Add some UMPH to your UML appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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Data-Backed Secrets for Minimizing Discounts & Maximizing ROI Post-Holiday

Use data to turn one-off holiday shoppers into repeat buyers and effortlessly drive more sales throughout the year. Our guide will give you an in-depth understanding of what triggers your customers to buy and breaks down campaign examples from leading B2C brands.

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Product Owner vs Product Manager: Know the Differences And Similarities | Simplilearn

Simplilearn

Because the product owner and product manager positions tend to work toward the same goals, it’s easy to get confused about which role does what and what responsibilities belong to whom. To understand just how different these roles are, let’s explore what each role entails, the skills needed for the job, and possible career paths for the fut. Read More.

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The importance of clean data in the quest to deliver “value”

Analysts Corner

Photo by Myriam Jessier on Unsplash There’s no denying that data is vital for businesses. Data helps organizations better understand their customers, track progress against plan, and develop strategies for long-term success. But many organizations don’t realize that the quality of their data is just as important as the quantity. This is because inaccurate or outdated data can lead to many problems.

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The Machine Economy Is Here – The Digital Transformation Era Is Over

Dataversity

The age of digital transformation is over. It’s too late to be debating whether you should digitally transform your organization. The world has already digitally transformed. Everything is already digital-first, totally connected, in the cloud, and powered by data, everywhere, all the time. Digital-first organizations won. Everyone else missed opportunities to innovate, made costly mistakes, and failed […].

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Integrated Tally Mobile Analytics Improves ROI and TCO!

ElegantJ BI

Increase the ROI and TCO of Tally ERP with Integrated Tally Mobile Analytics! If you are considering, or have already purchased software, you probably faced the questions from your management team about return on investment (ROI) and total cost of ownership (TCO). No doubt, your team did their homework when the business acquired Tally ® ERP software.

Finance 130
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The Young BA

This article focuses on my experience starting as a customer service representative and working myself up to become a lead analyst in my organization. I did not start with many special skills or talents but I wanted to reflect on what did help me.