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It’s time to abandon business intelligence tools

TechCrunch

Organizations spend ungodly amounts of money — millions of dollars — on business intelligence (BI) tools. Because BI has failed businesses. Unfortunately, many are dissatisfied with their current tools due to the loss of productivity, multiple “sources of truth,” and the lack of integration with their current tools and systems.

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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Business intelligence is an increasingly well-funded category in the software-as-a-service market. By handling large amounts of data to analyze and benchmark lines of business, BI promises to help identify, develop, and otherwise create new revenue opportunities.

Analytics 215
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The ‘Great Retraining’: IT upskills for the future

CIO

When the timing was right, Chavarin honed her skills to do training and coaching work and eventually got her first taste of technology as a member of Synchrony’s intelligent virtual assistant (IVA) team, writing human responses to the text-based questions posed to chatbots.

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7 steps for turning shadow IT into a competitive edge

CIO

But for a select few, the deeper challenges of departmental technologies being funded, procured, and managed without IT involvement are the missed opportunities to better engage and fulfill departmental technology needs. That’s not to downplay the inherent risks of shadow IT.

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How Business Intelligence can Help Businesses Improve their Customer Experience

Sunflower Lab

Understanding Business Intelligence It has not been long enough since the digitalization of all the businesses and enterprises were forced to go online and remain there for a reasonable period of time. Due to shifting consumer demands and market situations, it is crucial.

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Microsoft announces Syntex, a set of automated document and data processing services

TechCrunch

A 2021 survey from Dimensional Research found that more than two-thirds of companies leave valuable data untapped, largely because of problems building pipelines to access that data. ” Intelligent document processing of the type Syntex does is often touted as a solution to the problem of file management and orchestration at scale.

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Tive, a startup developing supply chain visibility tools, raises $54M

TechCrunch

Companies are experiencing the brunt of the impact, with 36% of small businesses responding to a 2021 U.S. Census survey reporting that they’ve experienced delays with domestic suppliers. This has been costly. But according to Komoni, most tracking is done manually via loose systems of emails, spreadsheets and phone calls.

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