August, 2023

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Leveraging Data, Statistics, and Probability in Business Analytics: A Modern Approach for…

Analysts Corner

Leveraging Data, Statistics, and Probability in Business Analytics: A Modern Approach for Transforming Information into Actionable Insights In the age of information, businesses have access to more data than ever before. Whether it’s customer purchasing patterns, supply chain logistics, marketing campaign effectiveness, or employee performance, companies are inundated with data.

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Best of BATimes: Business Analyst vs. Business Analytics Professional: What’s the Difference?

BA Times

A business analyst and a business analytics professional are not the same. Very often, people get confused about these 2 terms. Many times, they are used interchangeably. Few start-ups and organizations also seek out a business analyst when they are actually in search of a business analytics professional. Among the analytics enthusiasts who are […] The post Best of BATimes: Business Analyst vs.

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Why Your Software Is Working Against You (And How to Prevent It)

The Visual BA

Estimated reading time: 4 minutes Intro The applications you use to run your business are supposed to make your life easier. However, for many of us, somewhere along the way things became unnecessarily complicated. Let’s look at a few reasons why your software turns on you, and how to prevent it. Solving the wrong problem Many business leaders I have known start with stating the problem as something like “We need a POS system”.

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Why AI Forces Data Management to Up Its Game

Dataversity

The Information Age has flooded the modern enterprise with data. Demand for enterprise storage capacity will only increase in the years ahead. By the end of this decade, new enterprise storage capacity shipments are forecast to be 15 ZB per year, with the active installed base exceeding 45 ZB. Where Is This Growth Coming From? Business and […] The post Why AI Forces Data Management to Up Its Game appeared first on DATAVERSITY.

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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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Future Proofing Employee Satisfaction Trends With Data Analytics

Smart Data Collective

Big data can be used in various industries, including HR. One of the biggest benefits of big data in HR is that it can help bolster employee engagement. As 2023 approaches the final third of its year, the paradigm of workplace happiness is experiencing a deep shift, owing to tremendous changes in work dynamics, employee expectations, and technology breakthroughs.

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Integrating Power BI with Azure DevOps (Git), part 2: Local Machine Integration

BI Insight

This is the second part of the series of blog posts showing how to integrate Power BI with Azure DevOps, a cloud platform for software development. The previous post gave a brief history of source control systems, which help developers manage code changes. It also explained what Git is, a fast and flexible distributed source … Continue reading Integrating Power BI with Azure DevOps (Git), part 2: Local Machine Integration The post Integrating Power BI with Azure DevOps (Git), part 2: Local

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Don’t Deliver a Donkey instead of a Horse

BA Times

All of us at some point in our life have heard of the children’s game called Telephone Game or Broken Telephone. In this game, Players form a line or circle, and the first player comes up with a message and whispers it to the ear of the second person in the line. The second player […] The post Don’t Deliver a Donkey instead of a Horse appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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AI Ethics: Unraveling the Moral Landscape of Artificial Intelligence

Analysts Corner

Artificial Intelligence (AI) has profoundly impacted various aspects of our lives and industries, but it has also brought to the fore critical ethical considerations. As we continue to integrate AI into our daily lives, the need for an ethical framework becomes increasingly urgent. This article will delve into AI ethics, its importance, the key ethical issues in AI, strategies for addressing these issues, and the future of ethical considerations in AI development.

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10 Highest-Paying Data Analytics Jobs in 2023

Dataversity

As one of the fastest-growing fields, technology continues to drive transformative changes across various industries, with new advancements emerging each year. Consequently, the demand for data analytics jobs is expected to surge in the near future, with a significant need for data science practitioners worldwide. The U.S. Bureau of Labor Statistics (2021) projects a 22% growth […] The post 10 Highest-Paying Data Analytics Jobs in 2023 appeared first on DATAVERSITY.

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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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Advances in AI Are Driving Major Changes in Cybersecurity

Smart Data Collective

Artificial intelligence technology is radically changing the future of cybersecurity. Last year, global organizations spent over $15 billion on AI to bolster their cyber defenses. Smart companies realize that they can no longer overlook the importance of using AI to thwart hackers. After all, hackers themselves are turning to AI to commit their crimes.

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Data Science vs Artificial Intelligence: Key differences | Simplilearn

Simplilearn

When it comes to data science and artificial intelligence (AI), you’ll often find a lot of intersection between the two skill paths. AI has numerous subsets, like machine learning and deep learning, and data science utilizes these technologies to interpret and analyze data, discover patterns, make predictions, and generate insights. So, decidin. Read More.

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Overcoming Resistance to Change in Agile Transformation

Leading Agile

When people say they have a culture problem that’s preventing them from sustaining change in an Agile Transformation, what they’re really saying is that they have a cognitive dissonance problem. You have an inability to help people see how Agile is going to improve the organization. Blaming people and telling them they’re being resistant to change isn’t going to close the gap and make that cognitive dissonance go away.

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Best of BATimes: How to Facilitate Successful Process Mapping Sessions

BA Times

Process mapping is often the first step in business process improvement. It is a necessary activity that provides a baseline from which improvements can be measured and is the key to identifying and localizing opportunities for improvement. Therefore, it is important that facilitators capture the right information to help steer process improvement initiatives in the […] The post Best of BATimes: How to Facilitate Successful Process Mapping Sessions appeared first on Business Analyst Articl

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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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The Power of Recommendation Engines: An In-Depth Guide to Their Types, Techniques, and Applications

Analysts Corner

Introduction: The Growing Importance of Recommendation Engines In today’s digital age, consumers are inundated with information and options. To help users navigate this overwhelming landscape, recommendation engines have become increasingly important, offering personalized suggestions based on individual preferences, behavior, and context. These systems have found widespread use in industries like e-commerce, entertainment, and social media, enhancing user experiences and driving customer engage

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The Cool Kids Corner: Change Management for Data Literacy

Dataversity

Hello! I’m Mark Horseman, and welcome to The Cool Kids Corner. This is my monthly check-in to share with you the people and ideas I encounter as a data evangelist with DATAVERSITY. This month we’re talking data literacy and change management. What is data literacy? Why is it important? What are the barriers? How do […] The post The Cool Kids Corner: Change Management for Data Literacy appeared first on DATAVERSITY.

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Data Analytics Boosts ROI of Investment Trusts

Smart Data Collective

Data analytics has had a tremendous impact on the financial sector in recent years. Therefore, it should be no surprise that the market for financial analytics is projected to be worth nearly $19 billion by 2030. There are a ton of great benefits of using data analytics in finance. One of the biggest opportunities to leverage financial analytics technology is in the field of investing.

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Software Developer vs Software Engineer: Know the Differences | Simplilearn

Simplilearn

The position of Software Developer and Software Engineer are often confused and sometimes are interchangeably used. Many people often raise the question, “Are software developers and software engineers the same?”. Both positions have ample differences in the tech industry. Here, we aim to give a clear reply to the questions and cover the simila. Read More.

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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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Beware the Toxic Positivity of Data: Why Context Matters

Domo

Toxic positivity? That seems a bit harsh when talking about data, especially given that most modern businesses aspire to be data-driven in both strategy and execution. Indeed, over the last decade or two, data has become almost universally regarded as a key corporate asset and an essential input to quality decision-making. That said, the rising importance of data as an asset has resulted in significant overheads being required in its protection.

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Best of BATimes: 10 Steps to Transition from Your Current Job to an Amazing BA Career

BA Times

Over the years, professionals wanting to pursue a career in business analysis have been seeking my advice. A few of the questions posed to me: “How do I launch my career as a business analyst?” “How do I switch over to BA role? “ “Is it possible to move to a business analyst position […] The post Best of BATimes: 10 Steps to Transition from Your Current Job to an Amazing BA Career appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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Unlocking the Value of Data: A Comprehensive Guide to Data Profiling

Analysts Corner

In the era of data-driven decision-making, understanding and managing the quality of data is crucial. As organizations increasingly rely on data to drive their operations, strategy, and innovation, ensuring data integrity and usability has never been more important. This is where data profiling comes into play. Understanding Data Profiling Data profiling, in its simplest form, refers to the process of examining, analyzing, and summarizing data from an existing data source.

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9 Best Practices for Real-Time Data Management

Dataversity

In the era of digital transformation, data has become the new oil. Businesses increasingly rely on real-time data to make informed decisions, improve customer experiences, and gain a competitive edge. However, managing and handling real-time data can be challenging due to its volume, velocity, and variety. This article will guide you through nine best practices […] The post 9 Best Practices for Real-Time Data Management appeared first on DATAVERSITY.

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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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Cloud Technology Powers Research on PSA Software

Smart Data Collective

Cloud technology has been instrumental in the software development sector. This is one of the many examples of how cloud technology has benefited enterprises. Steven Gage wrote a great article in Dice.com a few years ago on the benefits of cloud computing for software development. Some of the biggest benefits include ease of deplorability and scalability.

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Types of Data Mining Techniques | Simplilearn

Simplilearn

Applications for data mining techniques can be found in every field, including business, research, and government. Businesses examine recorded data, including user preferences, sales numbers, and historical inventory levels, using data mining. They can make wiser decisions if they can spot trends and recurring patterns in this data. When properl. Read More.

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10 Product Strategy Mistakes to Avoid

Roman Pichler

Listen to the audio version of this article: [link] 1 No Strategy The first and most crucial mistake is to have no product strategy at all. When that’s the case, a product is usually progressed based on the features requested by the users and stakeholders. As there is no strategy, objectively assessing the impact of the requests is virtually impossible.

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Avoid The “Saying/Doing” Gap

BA Times

Elicitation is a core part of business analysis, and there are a vast array of elicitation techniques at a BA’s disposal. However, if you’re like me (and most BAs) you probably have a few favorite techniques that you gravitate towards. For me, I’ll often start with interviews and workshops, using document analysis to gain context […] The post Avoid The “Saying/Doing” Gap appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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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.