Business Intelligence Blog

Despite all the change this year, data has held, if not strengthened its position, as a critical business asset.The businesses with access to up-to-date data arguably coped better with the disruption because managers and CFOs were able to diagnose their specific situation in detail and move fast. As we look ahead and bring you the data and BI trends for 2021, we can't go past the mega-trend in the business intelligence market—the intersection of data analytics and finance. Here's an excerpt from the new Data trends eBook - when BI meets finance.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Trends, data analytics

A digital transformation strategy can be defined as the way a company implements and uses technology and analytics to differentiate itself, operate better and compete more effectively. Many businesses knew prior to the pandemic that they were in need of a digital upgrade - now it's imperative id-market managers need to consider data analytics as an essential way to make the transformation to a digital business.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Trends, data analytics

The art of venture capitalism (VC) is being transformed by the science of data analytics. Many startup investors are adopting data-driven decision-making to guide their lead sourcing and investments. The broad availability of data can help venture capitalists answer three crucial questions: Where are the best companies? Whether to invest? What KPIs should be set for the new company?

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Topics: Business Intelligence Basics, Trends

Data analytics offers valuable insights to help improve performance throughout a company. Because data analytics has become integral to success, competition among analytics providers has increased. Therefore, it is vital that you understand how to evaluate a variety of vendors to make the best selection for your company.

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Topics: Job Role - Sales, Job Role - Executive, Trends, Job Role - Inventory/Operations

Running a trends analysis to evaluate your business is easier than you thought with business intelligence (BI) software. You’ll uncover revenue opportunities and black holes. Here's a selection of analysis trends set to take hold in 2016.

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Topics: Job Role - IT, Trends

As we say bon voyage to 2015, it’s a great opportunity to reflect on the year-that-was and look ahead at the Business Intelligence (BI) trends that we, here at Phocas, expect to continue to grow in 2016.  

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Topics: Job Role - IT, Trends

As we approach the halfway point of 2015, I thought now would be a good moment to cover off some of the trends that were introduced at the beginning of this year and trends that are becoming increasingly popular as the months of 2015 unfold. Here are my 5 trends for the rest of 2015.

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Topics: Trends

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Topics: Trends

The data analytics industry has undergone rapid evolution over the past few years. Analytics used to be highly manual and tedious when done via spreadsheets, and brought with it significant risks around security and accuracy.

The existence of CRMs and ERP systems helped organisations integrate reporting with sales systems. In-house analytics programs were also common at one point, mainly due to the ability to tailor it precisely according to the organisation’s needs. Then came Business Intelligence tools.

As one of the most recent members of the sales analytics field, Business Intelligence has established its unique selling point (USP). Its abilities to generate real-time reports and customise results according to a user’s need have catapulted it to the top of the analytics industry.

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Topics: Trends

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Topics: Trends