General BI and Data Management

The Importance of Planning and Forecasting in BI – Business Intelligence Article

The budgeting and forecasting process for most organizations is long and tedious and occurs on an annual basis, at least. Companies try to do it more often to improve accuracy and aim to ultimately implement a procedure for continuous planning or rolling forecasts. Unlike any other business process, budgeting and forecasting is unique because it is forward thinking. Business processes like accounting, inventory tracking, invoicing, shipping, etc. are based on actual events from the past and present. This is a fundamental…

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How to Cut Data Preparation Time for Visualization Tools – Business Intelligence Article

Data Visualization tools have democratized data exploration and analytics, giving business users a way to access and utilize data without depending on the IT department. Self-service BI tools like Tableau, Qlik, PowerBI, etc. are remarkable data visualization tools that enable users to create ad-hoc dashboards that are beautiful and data-driven. In a study by TDWI in 2016, they found that most companies spend up to 61% – 80% of their time preparing data, as compared to time spent analyzing the…

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5 New Things to get Excited about in Version 18 – Business Intelligence Article

You asked and we listened! Version 18 of PowerOLAP® and Olation® comes with enhancements and new features that we know both new and existing users will want to get their hands on. Here’s our top 5 features to get excited about in Version 18. 5. PowerOLAP Portal Version 18  takes the administrative pain out of organizing all your reports. PowerOLAP Portal is a report management and distribution tool that provides a quick way to access all your reports from both…

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Can we really “Stop using Excel”? – Business Intelligence Article

Fast forward 30 years, Microsoft Excel is still the undisputed leader in spreadsheets with more than 750 million users, and remains a staple in most offices. Honestly, who doesn’t use Excel? Its accessibility, ease of use, and flexibility just makes Excel the first choice for crunching numbers. (Side note: Excel was initially launched in 1985 for Apple. The Windows version came out in 1987. Check out the history of Excel here, if you like.) Facing today’s challenges with Excel However,…

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People – The driving force to a successful data analytics program – Business Intelligence Article

In most data analytics projects, much focus is put on the tools that need to be implemented. Understandably so, since choosing the right tools for your organization’s BI stack is crucial in defining the data analytics process. Not to mention, the cost of such tools needs to be considered. However, tools are just half of the equation. Having the right people involved in a data analytics project is just as crucial. In fact, it is the driving factor behind any…

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Essential Questions for Data Prep & Analysis – Business Intelligence Article

Data preparation can be a tedious and time consuming activity.  However, it is a fundamental part of the data analysis process in order to produce accurate information that can be trusted. If you are responsible for preparing data for analytics, you have to ask questions based on the expectations and demands of the business. What is the problem you are looking to solve? To address the concern, you need to ask specific questions to your audience, from the report creators…

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Data Visualization Best Practices | PARIS Tech – Business Intelligence Article

We’re living a data-generating reality in a digital world. The amount of data just keeps expanding; its potential to teach us growing along with it. Data wants to tell us its story. What is Data Visualization and Why is it Important? When we talk about data visualization, we are talking about a kind of translator that helps communicate the insights offered by the data to people, by placing it in a visual context. When data is rendered visually, we can easily…

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