Business Intelligence solutions are an apt example of how technological evolution over the years has empowered businesses with machine intelligence to attain high operational efficiency and better scalability. Before the advent of business intelligence (BI) solutions, there was no way to harness the massive volumes of data generated by businesses on a daily basis and the relevant data from the industry. The tools back then only allowed a minuscule amount of data to be worked…
For enterprises to run operations smoothly while keeping an eye on future business opportunities, data management is the key. It’s critical for businesses to leverage the power of data and use relevant information smartly for getting new perspectives, valuable suggestions, and actionable insights. For this, organizations use purpose-built, smart digital applications such as data visualization tools and business intelligence solutions. And among the numerous business intelligence and data visualization applications in the market, Microsoft’s Power…
While data analytics and business intelligence has long been used to help organizations stay competitive, they have taken on an entirely new function in light of the COVID-19 pandemic that is raging across the world today. As government agencies and healthcare organizations are doing everything, they can to combat the COVID-19 virus and stop it in its tracks, Power BI has been instrumental in improving their capabilities. Not only has Power BI been used to…
Retail has been one of the most dynamic industries with frequently changing trends and rapidly growing customer expectations. The industry has rarely, if ever, been reluctant to embrace new technologies and innovations in improving its workflows and processes to serve the end-users. Industry experts suggest that in the year 2020, technological developments such as Business Intelligence, AI, ML, and the like would radically change the face of retail like never before. Data is the primary…
When enterprises need to perform better against their competitors and truly assess their capabilities and opportunities, oftentimes they turn to business intelligence solutions to help them grab that advantage. In the information age we live in, businesses cannot afford to skip investing in business intelligence solutions as data is the new king. Without systems in place to help with organizing and processing data, and then leveraging those business insights to stay competitive, businesses will not…
Power BI has long been used to transform raw data into meaningful insights to support business decisions. It can help commercial lenders and banks better manage their credit risk by providing visual representations of these risks in the form of reports to enable deeper analysis. Power BI can also help lenders better understand their markets and customers by leveraging these analytics capabilities. Power BI can help mortgage lenders gain greater visibility into their business operations…
Healthcare organizations have to track everything from insurance claims processing times to the average patient satisfaction score, making healthcare data extensive and complicated to deal with. Moreover, EMR, HMS, CRM, pharmacy reports, outpatient registrations, labs, patient billing, and claims data can be highly fragmented, making it difficult for decision-makers to make sense of it all. So how does a practice go about analyzing and presenting all that information in one place? Simple. Invest in Power…
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