Protect Valuable Data with These 10 Best Practices in Data Governance
Mar 29, 2023
Efficient data governance can go a long way in ensuring an organization's data quality and regulatory compliance....
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Uncovering Fraud with Business Intelligence: Strategies for Successful Detection
Feb 07, 2023
One of the key aspects of effective fraud detection is the use of data....
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Business Intelligence in the Cloud: Navigating the Challenges and Advantages
Feb 07, 2023
Business intelligence (BI) has become an essential tool for organizations to make informed decisions and stay ahead of the competition....
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3 Ways Business Intelligence Services Help Logistics Sail Smart
Dec 23, 2022
In the aftermath of the covid-19 pandemic, a good many Industries have gone through massive transformation; the logistics industry is no exception....
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3 Ways Business Intelligence Enables High Quality Sales Performance
Dec 23, 2022
The main aim of Business Intelligence (BI) is to eliminate gut instincts and help businesses act on data-driven insights....
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How can Business Intelligence services boost customer satisfaction in the Airline Industry?
Dec 15, 2022
The Airline industry is one that isn’t just tasked with getting flyers from one point to another....
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Self Service Business Intelligence: 3 Reasons Why It Makes Sense
Dec 15, 2022
Businesses normally depend on business analysts and data scientists to work with data and derive actionable insights from it....
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4 Ways Business Intelligence can be an Insurer’s Problem-solver
Dec 11, 2022
Insurance organizations regularly receive a lot of data, that can be difficult to handle with outdated processes. ...
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Analyzing Business Intelligence - Hype, or a Genuine Need?
Mar 31, 2022
Business Intelligence (BI) is a buzzword gaining momentum among the C-Suite group. . It is as popular as Artificial intelligence (AI), Natural Language Processing (NLP) and Machine Learning (ML). ...
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Automated Data Discovery – The Next Level in Business Intelligence
Mar 01, 2018
Many technology breakthroughs have taken place in last 10-15 years and have brought to the current stage where automated data discovery (ADD) is achievable and will soon become the regular way of conducting data profiling/data exploration exercises. There was a time when pulling data from Teradata or Brio to Excel, Minitab, perf...
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Analytics and Trends Evolution in the Airline Industry
Jan 25, 2018
I always follow research efforts by MIT Center of Transportation. It is an easy way to know the problems that mature airline industry of North America is facing and attempting to solve. Another such department active in the field of airline industry was (and still is) the ISYE- Industrial and Systems Engineering department at ...
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Outliers – An important element in Business Intelligence
Jan 11, 2018
It’s always fascinating to observe outliers and understand them. Outliers are the data points that don’t seem to fit well with rest of the data population. It is interesting that data points with outlier behavior are ‘outlier’ but can be found in almost every dataset that you get your hands on. Identifying outliers is always one...
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Predictive Analytics – Step 1 on the path to AI
Jun 08, 2017
Along with the emergence of new devices, we have data which is ever growing. And all this data is being collected for what?As someone correctly said – to analyze, see patterns and predict!And for all this data, you might think Artificial Intelligence (AI) to solve all data problems. And that is a good answer too.But, how d...
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How can BI help in adhering to insurance industry regulations?
Mar 27, 2017
Developing an adaptable strategy for regulatory challenges and adhering to industry regulations, along with a good ROI for each investment is a tough nut to crack.Every big insurance company has multiple portfolios which are managed by different managers. Each investment manager should adhere to 3 levels of regulatory compliance...
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The How and Why of Business Intelligence in Retail
Mar 06, 2017
The retail business involves the process of selling consumer goods or services to customers through multiple channels of distribution to earn profit. There are many challenges which these retailers face on an ongoing basis, where the primary two are – competition for customers and the expenses involved in running a retail...
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Business Intelligence Needs of Insurers
Feb 18, 2017
The insurance industry has gone through many changes in the past few years. The interaction between insurers and customers has changed a great deal and strong competition is forcing insurers to take quick steps in building closer ties with their customers. There are many business intelligence tools out there which work great for...
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Claim Analysis and fraud detection Using Business Intelligence
Feb 02, 2017
Fast and effective claim handling is the base for customer relationships in the insurance industry, but insurance companies also have to protect themselves from the fraud claims that they might be faced with time to time.A new study from the Insurance Research Council (IRC) estimates that claim fraud and buildup added between $5...
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Insurance Risk Management and Business Analytics
Jan 16, 2017
Insurance is a risk-transferring mechanism that ensures full or partial financial compensation for the loss or damage caused by event(s) beyond the control of the insured party. And in turn, risk management is very important for the insurance industry. Insurers consider every available quantifiable factor to develop profiles of ...
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