Category: Data Analytics
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5 Tips for Getting Started with Business Intelligence
Tecknoworks Blog One of the more common buzzwords in today’s digital world is Business Intelligence (BI). Well, what does it really mean? And what is the best way of getting started with business intelligence? Gartner, one of the world’s leading companies in research and advisory, offers a comprehensive definition of BI: “A broad category of applications…
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Top 5 Mistakes to Avoid in Business Intelligence
Tecknoworks Blog Implementing a data analytics program is crucial for competitive edge in today’s business environment – but nobody said it was easy. Despite tremendous growth in the application of BI tools over the last 20 years, it’s brand-new territory for most organizations. That makes it easy to make some common business intelligence mistakes. According to Gartner, 80% of…
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Rolling Out A Business Intelligence Tool: 3 Quick Tips for Success
Tecknoworks Blog Rolling out a business intelligence tool in any company, especially an enterprise organization, comes with risks that have the potential to damage the company’s reputation or affect day-to-day operations. Big-picture thinking, problem-solving, and up-front planning are key to effective adoption, as well as bringing trust and peace-of-mind to all stakeholders. Below are the basics to keep in…
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The #1 Way Data Analysis Unknowingly Misses the Point
Tecknoworks Blog Imagine this all-too-common data analysis scenario: Your company has recently pulled the trigger on a data project. Excitement is in the air. You’re finally doing something about all the data you’ve been collecting. You’re getting answers that will make your organization stronger. You’re going to leave the competition in the dust. Then your first reports and…
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What is Data Science?
Tecknoworks Blog What is Data Science? “Data science” is one of those terms that you’ve been hearing for years. You know it’s supposed to help your business, but how exactly? And what does it actually entail? It’s easy to look up a definition of data science, but like so many other technology terms, you’ll get…
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Data Analysis in Business: 5 Tips for Getting Started
Tecknoworks Blog We all know that data is being generated at incredible rates, to the tune of 2 quintillion bytes every single day. That’s 18 zeroes, a figure pretty difficult to comprehend. And we all know that businesses can look to their data for smart decision making, using hard numbers and evidence rather than going on…
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30 Surprising Business Questions Data Can Answer
Tecknoworks Blog Imagine a world where guesswork takes a backseat and data drives powerful decisions. A world where you can predict customer behavior, optimize operations, and identify hidden profit opportunities – all with the magic of information. This isn’t some futuristic fantasy – it’s the reality within your grasp today! Every business, big or small,…