Business Analytics: The power of analytics
Analytics have become a transformational resource for strategic and competitive planning in larger enterprises, writes Leslie Faughnan.
The days of the ubiquitous spreadsheet are far from gone, but analysis and reporting in today's business world have extended way beyond that humble, two-dimensional tool.
At an operational level, powerful applied analytics have been incorporated in real-time, automated responses of business systems to specific trigger events or indicators. Much further down the scale, individual executives are using increasingly smart tools to gain speedy insights and performance measurements through Business Intelligence (BI) applications and simple-to-use...
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