How to use BI to gain competitive advantage in business
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How to use BI to gain competitive advantage in business

In today’s economy, many businesses find themselves in competition with online retailers and large corporations that are able to offer reduced prices. In order for independent mid-market operations to compete with multi-nationals, managers must utilize every opportunity to gain a competitive  advantage in business.

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Topics: Business Intelligence Basics, Strategy, Management and Performance, Job Role - Executive

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How to use BI to gain competitive advantage in business

the-top-eight-competitive-advantages-in-business-by-using-BI

In today’s economy, many businesses find themselves in competition with online retailers and large corporations that are able to offer reduced prices. In order for independent mid-market operations to compete with multi-nationals, managers must utilize every opportunity to gain a competitive  advantage in business.

Read more

Topics: Business Intelligence Basics, Strategy, Management and Performance, Job Role - Executive

Phocas vs. Sisense (visual BI solutions comparison)

Phocas-vs-Sisense-visual-bi-solutions-comparison-1

Phocas and Sisense are vastly different products. A quick look at how each is positioned, and it’s clear that despite the fact they are often compared side-by-side, Sisense and Phocas are not interested in reaching the same customers. Phocas is a solution for all businesspeople, regardless of their tech skill, who want to automate data analysis. Sisense describes itself as the “only independent analytics platform for builders today” and is looking for power users. This blog compares how the two visual BI solutions provide business people access to data and how users rate the experience.

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Topics: Business Intelligence Basics, Job Role - IT, Reviews and Recognition

Phocas vs. Tableau: BARC Business Intelligence Tool Comparison

barc-2019-phocas-vs-tableau

In August Salesforce purchased Tableau for $15.3 billion in one of the most significant software acquisitions in recent years. Salesforce, known for its cloud-based CRM software, is treading into turbulent waters as more than two-thirds of Tableau’s customers are on-premise. The acquisition might create some challenges with customers as they wonder if Salesforce will expand its on-premise capabilities or move everything, including Tableau, to the cloud. Tableau has thrived because of its ease of use, dashboarding and visualization. Still, it has struggled with customer satisfaction and product performance as evidenced by customer feedback received in BARC’s The BI Survey 2019.

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Topics: Business Intelligence Basics, Reviews and Recognition

Five strategic benefits of business analytics

five-business-benefits-of-business-intelligence

Business analytics can provide companies with an accurate and holistic view of their business. Executives and managers now have the ability to use data for real-time, actionable insights into everything from customer buying patterns to inventory management without having to rely on IT for outdated, static reports. In this blog, we discuss five strategic benefits of business analytics .

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Topics: Business Intelligence Basics, Job Role - Executive

Phocas BI vs. Microsoft Excel

Phocas-bi-vs-microsoft-excel

For some business people, the only data analysis tool they use is a Microsoft Excel spreadsheet. Discovering industry-specific business intelligence software like Phocas means flexible reporting, analyzing more data sets and customized dashboards. Did we also mention more time to focus on new business or explore new projects? Learn more about how BI users compare Phocas with Microsoft Excel in BARC the BI Survey 19.

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Topics: Business Intelligence Basics, Reviews and Recognition

3 steps to successful data analysis with business intelligence

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So, your business intelligence tool is in place. Quality data is starting to flow from databases and resources into the central database. The next critical process for business intelligence success is analysis.

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Topics: Business Intelligence Basics, Job Role - IT, Strategy, Management and Performance, Job Role - Executive

Phocas vs. Microsoft Power BI

Phocas-vs-microsoft-power_bi

Find out how Phocas compares to Microsoft Power BI in the world's largest survey of business intelligence customers, BARC the BI survey 19.

What Microsoft Power BI has on its side when people are considering business intelligence, is high brand awareness. Instead, Phocas business intelligence is more targeted and concentrates on solving the data problems of specific industries it serves, which is manufacturing, distribution and retail.

When we review how this plays out in BARC, people do consider Power BI more but customers are more satisfied with Phocas. To learn more...

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Topics: Business Intelligence Basics, Job Role - IT, Reviews and Recognition

What is data-driven decision making?

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Every day, we use data to make decisions in our personal lives. We may use the data collected in product reviews to drive our purchasing choices.  We may review crime statistics in a new neighbourhood to help us decide whether to buy a home in the area. We may rely on our GPS to help us choose the best route to where we are going. We rely on data because it is impersonal. It has no agenda. It tells a factual story. Yet many business decisions are often made using a gut feel and that's why things go wrong.

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Topics: Business Intelligence Basics

Static reports vs business intelligence

What is the difference between traditional static reports and business intelligence? Static reports are often about a set timeframe such as the last quarter of results, and you have to consider all the elements that you'll need when preparing them. In contrast, BI provides more flexibility.  In this blog, we will explore how static reports compare to real-time business intelligence so you can be better informed about what your business needs. 

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Topics: Business Intelligence Basics, Job Role - IT, Strategy, Management and Performance, Dynamic reporting

Automation strategies for mid-market businesses

automation-strategies-for-mid-market-businesses

When automation is done well, it accomplishes more than just saving time and money. It minimizes errors, improves productivity, increases employee satisfaction, and enhances the customer experience. When incorporated into a business strategy, employees get more done, in the same amount of time, allowing them to focus on the important objectives of their role.

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Topics: Business Intelligence Basics, Job Role - IT, Strategy, Management and Performance

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