by Kevin Craine for Workflow
Business intelligence (BI) is a technology-driven process for analyzing data and uncovering actionable insight to help executives, managers and analysts make more informed business decisions. The world of BI embodies a variety of approaches and methodologies, but in the end it’s about enabling organizations with the ability to not only collect data, but also to make sense of it in more thoughtful and profitable ways. After all, information is only as good as the insight that it provides, so BI systems are geared to help prepare data for analysis, run queries against the information, and create a variety of reports to make the results available to decision makers in ways that make a difference.
by Karl Chan, Laserfiche
Through the rapid adoption of wearables, the proliferation of data-driven product recommendation systems and the advent of the smart car, data has infiltrated everyday life. Everything, it seems, has the capacity to be quantified and analyzed.
by Vic Kingery, GE Digital Industry Solutions
Thanks to the development and utilization of new technologies like big data and analytics, business intelligence has grown by leaps and bounds in the last decade. However, that is just the tip of the iceberg. As machine learning continues to evolve due to lower costs of connectivity and sensor technology and gain widespread adoption, business intelligence is now smarter than ever and enabling truly brilliant factories.
by Ken Neal, Canon Business Process Services
Wikipedia describes business intelligence as “a set of techniques and tools for the acquisition and transformation of raw data into meaningful and useful information for business analysis purposes.” This description can certainly apply to the leveraging of Six Sigma performance management-based methodologies to improve current processes and workflows.
by Ken Stewart for Workflow
Deriving actionable insights from massive amounts of data is the entire point of business intelligence. For years, businesses have teamed with high-priced consultants and software vendors
to glean that one, special piece of information that would change the game — win that huge deal, shave millions from operating costs, or uncover the next groundbreaking product. Yet many of us are left wondering if the way we’ve grown up thinking about business intelligence is going to work for tomorrow’s leading players?
by Patricia Ames, Workflow
During a recent interview with Mark Sinanian, senior director of marketing at Canon Solutions America, we learned what lawyers don’t like, what BMW dealerships have too much of and why people in business are embracing technology more quickly these days — it’s those five year olds! Join me in the SpeakEasy.
Business Intelligence, or BI, is a term we hear everywhere these days. From entertainment to manufacturing, businesses are collecting massive amounts of data and analyzing it in order to make better business decisions and improve customer service. We asked some executives who are very familiar with BI a few questions about what trends they see in the field and how their own businesses apply it.