The fast rise of BI and analytics continues. In this article, we will attempt to predict key trends in the BI industry in 2022.
The fast rise of BI and analytics continues. In this article, we will attempt to predict key trends in the BI industry in 2022.
Many companies still use Excel as their main planning and forecasting tool. However, to improve existing processes, leaders should start moving away from Excel to Power BI.
The biggest advantage of dataflows is re-usability of data. You can create a dataflow once and then re-use it again and share with others across a company.
Microsoft is planning to launch Viva, a new intranet-like platform that will help people working from home feel more engaged, providing better communication, knowledge and resources. Microsoft Viva aims to improve the well-being of customer employees by gathering information and analyzing how they spend their time, providing a central hub for corporate educational resources, and integrating the platform with work processes in a company.
“The biggest differentiator in public speaking in 2021 will be the design of visualizations,” a top-rated tech industry speaker.
By effectively using data-driven stories, journalists can change the nature of news reporting, bringing back public trust and engagement, the two important things journalism seems to have lost over the recent years.
BI-powered visualizations are no longer just a cool feature that can be embedded in online tech magazines, but soon to be a mainstream form of storytelling and already an essential tool for the journalists of tomorrow.
Politico is using BI to make the company’s message stronger, making politics more accessible and transparent for everyone.
Simply having a lot of data won’t bring any real benefits, as the key here is to not only implement a BI solution, but also have a skillset to do it and the right kind of data management system within a company.
As more businesses are turning to BI to support their key management decisions and improve operations, so should do non-profit organizations.
As competition in the banking sector has become stiffer than ever, especially with the digitalization of the financial industry, banks have been looking how to improve their efficiency. A right BI solution for a bank can be the difference between growth and decline.
Power ON’s new write-back enabled visual helps users to easily create financial and planning reports.
When it comes to the integration of BI, SMEs are less prepared to embrace the technological changes than larger companies. One of the main reasons for this is the lack of financial resources.
This article explores how Power BI, combined with writeback solutions like Power ON and deFacto Global, can streamline budgeting processes. By automating tasks, integrating real-time data, and enabling continuous planning, finance teams can focus on strategic decision-making. Real-world examples, such as KPN’s use of Power BI and writeback, demonstrate the impact of these tools.
When a global strategic procurement company needed help with improving its management reporting process in the controlling department, Centida came in with a successful long-term solution using Power BI.
Centida helped a large global telecom company to improve its reporting system with the use of BI.
Explore how Centida is transforming the role of Chief Procurement Officer (CPO) in the dynamic market landscape. Leveraging advanced BI tools and ABC analysis, Centida provides innovative solutions for supply chain optimization and strategic procurement management, catering to the complex challenges faced by modern CPOs.
Get ahead in 2024 with insights into the latest BI and Analytics trends, from the integration of AI and analytics to the rise of collaborative BI, reshaping how businesses approach data.
Explore the impact of the write-back feature in Power BI, including insights on its integration and how it enhances planning and forecasting capabilities with a focus on practical applications.