A new generation of business intelligence

Business intelligence (BI) is the set of techniques and tools for the transformation of raw data into meaningful and useful information for business analysis purposes.

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BI can be used to support a wide range of business decisions ranging from operational to strategic.

Business intelligence is made up of an increasing number of components including:

Multidimensional aggregation and allocation
Denormalization, tagging and standardization
Realtime reporting with analytical alert
A method of interfacing with unstructured data sources
Group consolidation, budgeting and rolling forecasts
Statistical inference and probabilistic simulation
Key performance indicators optimization
Version control and process management
Open item management

 

A new generation of business intelligence emerges as the expectation for user-friendly analytics and the expertise to ask and answer questions with data continues to grow. The wave of innovation is far from over.

The top trends in business intelligence for 2015, including:

Data governance becomes a key area of focus
The social intelligence competitive advantage balloons
Self-service rapidly spreads throughout departments and organizations
Data journalism magnifies
Cloud analytics isn’t just for cloud data anymore

 

 

Romano Pisciotti : Business intelligence

Austrians Sign Petition to Leave European Union

european-union-barbed-wire-400x300Over 260,000 Austrians have signed a petition calling for the EU exit for the country, and now the Austrian parliament must discuss a referendum on the issue.

Overall, the 261,159 people who signed the petition represent 4.12 percent of the electorate.

 

 

Romano Pisciotti : surfing on the web

Global Brands Are Using Fantasy Sports In Their Marketing Mix

As the popularity of fantasy sports continues to grow, some of the most prestigious global brands such as Unilever , Toyota, and Hilton have begun to use fantasy sports to help market their products.

This fall, Unilever’s Dove Men+Care launched its all-new fantasy football hub, which grants customers exclusive access to fantasy football advice from ESPNanalysts. Meanwhile, Toyota purchased advertising space to become the exclusive sponsor of Yahoo YHOO -0.3% fantasy football league recaps, and Hilton launched a free-enter fantasy racing contest for the hotel chain’s honors club members.

 

Pisciotti Romano by webyahoo sports

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