Category: Data Visualization

Flexible and secure Data-as-a-Service delivered today

How many duplicated, dirty data pipelines are running throughout your organization? Probably more than you can count. Data-as-a-Service (DaaS) streamlines the chaos of ungoverned data pipelines and reporting silos created by users who are eager to use data, whether they are simple data inquiries from business analysts to more complex data questions from data science teams.

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Birst Smart Analytics: Using AI to Operationalize BI

How do you deliver more insights out to more people? Operationalizing BI and analytics – that is, putting the power of data in the hands of everyone across the enterprise, not just analysts and data scientists – has always been the mantra for Birst co-founder Brad Peters.

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How AI is Lowering the Barrier to Entry for BI and Analytics

According to Gartner, more than 3,000 CIOs ranked Business Intelligence (BI) and Analytics as the top differentiating technology for their organizations. If BI and Analytics is such a game-changer, then why is the average adoption rate in organizations only 32%? Despite the efforts of Cloud BI vendors making it easier for users to acquire, explore, and analyze data sources without IT dependency, lack of data literacy and analytic skills still hinder widespread adoption for data-driven decision making.  But the industry is undergoing a fundamental transformation. The mainstream arrival of Artificial Intelligence (AI) brings with it the potential to finally meet the demand for actionable, enterprise-wide, fact-based decision making.

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Will AI Increase the Reach of BI and Analytics?

The business intelligence (BI) assembly line is broken, with adoption or utilization rates of only 30 percent in a typical organization, according to Gartner[1]. These adoption rates include all the users of the BI system – administrators who manage the system, analysts who build reports, and business users who consume reports for better decision making. This underutilization ignores employees outside the BI system who could be using valuable data to make better decisions. No one can argue that business performance and innovation are negatively impacted when data assets are not fully leveraged for decision making.

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Improve your company’s bottom line with analytics

The explosion of data in the financial services industry is creating new opportunities for business intelligence and analytics. At the same time, this explosion presents significant challenges. Over 2.7 zettabytes of data exist in the digital universe today. Every day, financial services companies seek to use these massive volumes of data to increase margins, reduce risk, boost customer satisfaction, and win in a globally competitive marketplace.

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The Magic of Data Visualization

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Data Visualization is a hot topic in the data world these days. Seeing your organization’s data mapped out in a colorful graph is more stimulating and easier to immediately understand—if created accurately and if it uses the right data. If you can have your data visualizations embedded in your dashboards, you get extra credit. Dashboards help all types of business users create an adaptive user experience, visualize complex data sets, and provide management with a timely snapshot of their organization to help them make smarter, data-driven decisions to manage business growth and performance.

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3 Business Intelligence Myths Debunked

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Business intelligence is at a tipping point. More and more people are discovering that everyone in an organization can use big data analytics to meet and exceed business goals. But while the mindset is shifting, there are still some long-held assumptions that have plagued the industry, fortifying the biggest myth of all—that big data analytics is only valuable to a few business people. Historically, business intelligence has been viewed as an on-premise platform that was operated by a team of data scientists who extracted insights reserved only for C-level executives. As its usage becomes more widespread, it’s important to dispel these myths.

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Doubling Down

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I believe we are at the beginning of a new era for business – one where data becomes as important an asset as money and people. I also believe harnessing the power of data is in its infancy. Not only has technology changed to allow the capture and processing of much larger volumes and varieties of data, but more importantly, the business climate has changed. Data is widely perceived, if misunderstood, by a much larger percentage of business leaders as a strategic asset.

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