The correlation between data quality and decision-making is obvious. Garbage in, garbage out, remember? When organizations don’t care about data quality (DQ), it can play a cruel trick on them. Handling issues caused by bad data can cost a company from 15% to 25% of its annual revenue. …

The Wild West of Open Source Business Intelligence Long gone are the days when the market of business intelligence was at the mercy of proprietary BI tools. In 2022, top-flying companies and startups opt for open source business intelligence to supercharge their business resilience. According to the statistics, the popularity of public BI owes its rise to Fortune…

Second to its people, data is one of the most powerful assets any company has, and this point becomes even more evident in merger and acquisition (M&A) deals. If you are running an organization and planning to undertake an M&A, how would you cope with it on the data level…

What finance departments certainly have an abundance of is data. It comes from everywhere: spreadsheets, invoices, journal entries, and whatnot. A real treasure, right? Unfortunately, a lot of data by itself does not guarantee that you will be able to unlock all its hidden potential. Forrester reports that up to…

Can you drive if your car has problems with the engine, battery, brakes…? It’s unlikely and even if you do, there will be problems along the way. Moreover, ignoring signs of trouble might not only cost you a fortune but also put you at risk of an accident. Supply chain…

If your company suffers from operational inefficiencies, disparate data, and systems, time lags, and miscommunication between departments, implementing an ERP system may become a remedy. But choosing the right one is similar to picking a medication. It depends on the diagnosis. ERP software is exceedingly diverse and offers a plethora…

Statistics prove that personalization in banking has acquired a strategic value. Over 70% of customers rate tailored offers as highly important for banks and other financial companies. Ironically, banking institutions remain the last bastion of personalization with only 14% of banks providing contextually relevant experiences. Absent personalization among financial institutions…

Schools generate more data than they can handle and can effectively use. Surrounded by all this information, they are still starved for insights though. …

Collecting and integrating data from multiple external and internal sources is an essential part of the day-to-day routine of healthcare organizations. If done manually, it eats up tons of time, slows down processes, and increases operational costs. …