It - Business Intelligence latest news

(Source: Tibco) So you have a few analysis-savvy experts but a lot of business users needing to solve both repeatable and unpredictable problems. What do you do to scale properly? Using Guided Analytics, expert business professionals can use powerful and easy-to-use data analysis applications to easily and quickly create analysis templates and recommended workflows, thus effectively transferring their best-practice analytics to general corporate users, without IT intervention! That speeds up decision-making by automating common analysis tasks, capturing best practices and providing a framework for distribution of analysis applications to meet the ever-changing needs of their organization.

(Source: Tibco) The future of business intelligence demands visualization capabilities that let users see the relationships among data, interactivity that lets them manipulate the data and an intuitive manner of working that suits the way business users think. Enterprise analytics enable business users to access the information and metrics relevant to their particular roles to assist the company in reaching its current goals and setting new ones for the future.

(Source: Tibco) The development of analytics-based models for business productivity improvement or optimization has always relied on the analysts understanding of both the data and the tools used for model development. Analytics are the product of a series of iterations in developing theories based on the available variables, seeking correlation or even causality, and then refining the variable set. This iterative nature of the analytic process is too often impacted by the production cycle time for model development, and when the lions share of time is spent wrestling with the tool, it decreases the time spent in analyzing and building effective models.

(Source: Tibco) Every day, millions of individuals within large organizations make small, yet important business decisions based on their experience and whatever information happens to be available at the time. With little time to spare, these decisions are often taken with an incomplete view of the situation, as 'good information' is all too often still difficult to find. Faced with a backlog for new enterprise reports, out-of-control 'spreadsheet marts', and a plethora of custom applications all trying to accomplish similar goals, CIOs and business managers alike need to consider a new approach.