The constantly growing number of data sources and complexities associated with the generation of data within the healthcare organizations have resulted in the need for better decision-making capabilities. Here, the importance of business intelligence tools comes into...
The Modern Approach to Business Intelligence
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Business Intelligence Vs. Business Analytics – Similarities and Differences
Today, the business world has become fiercely competitive, and decision-makers can’t rely on gut feelings anymore to create long-term strategies. So a lot of high-level words are thrown around in the boardroom discussions. Such terminologies emphasize the use of...
Data Mining Vs. Business intelligence: All you need to know
The surge in the use of mobile software and cloud services has sparked a new relationship between IT and business processes. This shift has made terminologies such as data mining, big data, and business intelligence the new buzzwords for modern businesses. These terms...
Competitive Intelligence Vs. Market Intelligence: All You Need to Know to Impress Your Boss
Often, we come across several terms in business that sound more or less the same, but they turn out to be completely different. Before getting into the differences, let us cut to the chase and get to the basic point of similarity between competitive intelligence and...
Top Seven Business Intelligence Tools to Improve Productivity and Decision-Making Ability
Success in business largely depends on the qualities and vision of leaders and managers. The importance of data had largely been repressed in the past in favor of gut feeling, intuition, and experience of business leaders. That scenario is quickly changing as...
Assessing Potential Market Opportunities in the Medical Device Industry
The medical device industry is under pressure to offer healthcare and medical assistance to patients at affordable prices, thanks to the growing competition and technological advancements in the market. One of the factors that has increased the level of market...
Market Assessment Engagement to Build an Effective Business Plan for a Service Solution Provider
For any solution provider, market assessment becomes a foundation to expand into a new market or further refine the relationship with the prevailing customers. A comprehensive understanding of the market landscape empowers decision makers to assess potential...
Connected Cars – What’s Driving the Automotive Industry?
The global automotive industry is rapidly transforming with the growing innovations in automobile engineering and increased investment in research and development by the automobile manufacturers. Trends in automotive industry like connected cars, electric vehicles,...