We covered a lot of new ground in the world
of BI and analytics in 2016. Some topics that we discussed on the TARGIT blog were incredibly popular. Some we thought were going to be big hits, but ended up being big flops. And some are dark horses from years past that saw another resurgence in 2016. Here’s the industry news and thought leadership pieces from the TARGIT blog that were most widely read in 2016.
A business intelligence implementation can be a hard job for a company of any size. Not only is there a new tool to learn, but new processes to set in place and new strategies to consider. The ultimate goal, of course, is faster, more efficient decision-making with a greater depth of knowledge and understanding of the task at hand. Implemented right, an analytics-driven environment will speed workflows and optimize business as a whole.
Have you been looking for a way to download your Google Analytics data into your SQL Server database? Are you using Microsoft SQL Server 2005, 2008, 2008R2, 2012 or 2014? Do you have skills in SQL Server Integration Services? Then I'm here to help you!
Maximizing the value of your BI project relies heavily in usability and user adoption. One cannot go far without the other. And both together lead to fast and lasting ROI. These BI best practices will help you design a business intelligence solution that works for everyone in your company, in every department.
According to studies, the average attention span was 12 seconds in 2000. By 2013, that had dropped to eight seconds. That's eight seconds of total concentration and processing power before the brain moves on to the next task. Compare that to the average attention span of a goldfish, which is nine seconds. That's right, folks. According to the National Center for Biotechnology Information, we have shorter attention spans than goldfish.
[Hey there! We like what you're looking for. Smart thinking. This content is so 2016 though. Have a look at the most up-to-date predictions for the trends in BI and analytics for 2017.]
There's no doubt big data and analytics is an exploding practice today. Each year as of late, companies are devoting more of their time and budgets to harnessing and understanding the troves of data around them both inside and outside their organizations. But companies aren't the only ones benefiting from data analyses.
You can't open up a newspaper these days without noticing how analytics are changing the world. Here's nine ways we see the world becoming a better, more informed, more connected place because of big data.
So you've got all needed data sources incorporated into a business intelligence platform. But which questions to ask?
If you're the CEO of a retail organization (or any organization for that matter), then you probably want to know if your company is meeting the overall goals, such as revenue growth, higher margins, earning per employee, lower costs, and so on.
In the world of third-party logistics (3PL), innovation is king. Indeed, innovation is one of the top aspects companies look for when considering a move to horizontal collaboration. But in recent years, short contracts and price pressures have prevented inventive changes for many logistics companies. So how do you overcome these challenges to innovate, profitably and creatively?
Data visualization is fast becoming the common language for companies using business intelligence to make better data-driven decisions. Data visualization—done right—not only quickly draws attention to the most important metrics, but helps uncover previously unseen patterns and observations that wouldn’t be apparent by looking at numbers in a spreadsheet.
The overall performance of your supply chain can be measured by examining three key factors:
- Is the supply chain acquiring the things your organization needs?
- Is it providing customers with the things they need?
- And is it doing it all in the right time and for the right price?
To find the answers, there are seven valuable Key Performance Indicators (KPIs) you should be monitoring. And the first place you should focus is inventory. Inventory ensured that businesses are able to deliver what customers want, when they want it. But how do you strike the fine balance between having enough and having too much?