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What Do CIOs Have To Know About Business Intelligence?

The Accidental Successful CIO

CIOs need to understand how to make use of new business intelligence tools Image Credit: deepak pal. Modern CIOs need to understand that Business intelligence (BI) leverages software and services to transform data into actionable insights that inform an company’s strategic and tactical business decisions.

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5 tips for excelling at self-service analytics

CIO

One potential solution to this challenge is to deploy self-service analytics, a type of business intelligence (BI) that enables business users to perform queries and generate reports on their own with little or no help from IT or data specialists. Have a data governance plan as well to validate and keep the metrics clean.

Analytics 342
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Business Intelligence Strategy: How to Develop and Document your BI Roadmap

Altexsoft

Business Intelligence is a practice of turning raw data into useful insights. It allows you to collect data from different sources, organize it, and then enjoy the analytics. Probably yes, as it’s the most balanced view of the business you can get. Now, let’s talk about your Business Intelligence strategy.

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Better, faster decisions: Why businesses thrive on real-time data

CIO

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years.

Data 306
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Falkon closes $16M round to automate sales workflows and analyses

TechCrunch

Falkon , a sales analytics platform that uses AI to attempt to show where successful product sales are occuring in an organization, today announced that it raised $16 million in a funding round led by OMERS Ventures with participation from Greylock Partners, Trilogy Financial, Flying Fish Partners and Madera Partners. ”

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What Clean Data Means to Your Business Intelligence and Analytics

Mentormate

With such sophisticated tools, there is the temptation to focus solely on what they can deliver — better business intelligence and analytics. But what’s needed to deliver these things — clean data — is often an afterthought and a company’s first mistake in pursuing optimal business intelligence and analytics.

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What is business intelligence? Transforming data into business insights

CIO

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.