How to Choose the Right BI Platform for Your Organization
It is important to choose the right business intelligence platform.
Ranjana
Content Creator @ Lumenore
Deciphering Marketing Potential using New-Age Marketing Technologies
We live in an age when musicians are creating music using artificial intelligence. Big Data, Artificial Intelligence, and other trending technologies are reshaping the creative arena, which has always been dominated by Human intelligence. From a business perspective, solutions like this can be a big help to marketing professionals who need to come up with innovative ideas to achieve better results.
Advances in Analytics
With artificial intelligence so much in the news recently (perhaps too much in the news!) many people have been asking what it means for business and how enterprises can leverage advanced analytics techniques in their own work. The short answer is that smart chat bots are exciting, but not quite ready to support significant enterprise decisions, but there are improvements in data analytics which every business can take advantage of, with the right toolset and the right approach.
The impact of big data on business intelligence
Businesses increasingly rely on data analytics to make informed decisions in today's data-driven world. Business Intelligence (BI) is a process that helps organizations gather, store, and analyze data to gain insights and improve decision-making. However, the explosion of data volumes in recent years has created a need for new tools and technologies to handle it. This is where Big Data Analytics comes in. In this blog, we will explore the impact of Big Data on Business Intelligence, including how it works, how industries are implementing it, and the future implications of this technology.
Data Privacy and Security in Business Intelligence
With data breaches and privacy concerns rising, companies must take extra care when collecting, storing, and using data for business intelligence. Data privacy and security are paramount concerns for any organization dealing with sensitive customer information. As companies increasingly rely on business intelligence to make critical decisions, data privacy and security are becoming even more critical. Here are some best practices for securing business intelligence data.
How to convert your customers into assets using Instant Intelligence solutions
Let's begin by determining the number of satisfied customers you have in order to assess the health of your business. Humans need to consume nutrient-dense foods and supplements in excellent quantities to be healthy.
The rise of artificial intelligence and machine learning in business intelligence
In today's data-driven business environment, companies face the overwhelming challenge of processing vast amounts of information to make effective decisions. This challenge has necessitated advanced analytical tools and technologies, including Machine Learning (ML) and Artificial Intelligence (AI). As a result, these technologies are transforming how businesses approach data analysis and decision-making. This blog will explore the rise of Artificial Intelligence and Machine Learning in Business Intelligence.
7 Amazing Benefits of Voice-Enabled Business Intelligence
Voice enabled Business Intelligence has revolutionized the way companies interact with their data. With NLP, Big Data, artificial intelligence (AI), and automation at its core, voice enabled BI provides real-time insights, personalized engagement, and ease of access to information. In this blog, we will be discussing 7 benefits of voice enabled Business Intelligence.
Foresee Measurable Outcomes using Data-driven Strategies: An Insightful Journey for CxOs
What does a CxO-led, data-driven business look like? Do CxOs need human + powerful business intelligence platform while making critical decisions for their organization? The answer is a big YES! BI insights and advanced analytics have the potential to uncover enormous gains in improving productivity and accelerating scalability. It also helps leaders to make better and more reliable-informed decisions truly based on facts. But who are CxOs?
Data Visualization: The Knight in Shining Armour of the Healthcare Industry?
Healthcare is an industry that requires steely nerves. Sometimes you have to be on your toes..
Marketing Intelligence - Narrating your marketing campaign's effectiveness
How well has your campaign's messaging permeated your audience and aroused their interest?
7 Ways to Outperform Your Competitors with Predictive Intelligence
Every business aims to outperform its competition and stay ahead in the market.
Decision Intelligence: Must-have for Data-driven Success
Decision Intelligence is an intelligent collation of artificial intelligence, business intelligence, and automation to improve decisions.
Embedding Analytics for a Post-Covid Era: A Sneak Peek
With COVID-19, it is now abundantly evident that presumptions and notions
How to Leverage Unified BI for Business Growth
Business intelligence is increasingly adding value to a business - small or big.
Smart Selling for Consumer Goods through Salesforce
Ever noticed how McDonald's asks you if you want fries too? Or when a five-star hotel receptionist prompts
The Right Way to Unlock Business Value through a Robust Intelligence Platform
A Formula 1 car racing event is exciting not just for its ability to keep you on edge or with the concrete melting speed
Reinvent Human Capital Management Strategy using Reliable Predictive Intelligence
The importance of crisis management has never been greater.
Data- The Good Samaritan for Real Estate in this Uncertain World
Harold Geneen, a well-known American businessman, once said, “Uncertainty will always be part of the taking charge process.”
Three Reasons Why Traditional Dashboards have been Shown the Door
For the last couple of decades, dashboards have been the mainstay for business executives at the helm of decision-making.
Intelligent Sales in 2021 - Fix Your Sales Analytics!
Closing deals takes enormous amounts of time and effort. But what if more than 66% of that time and effort goes into tasks that distract sales reps from selling?
Done with Dashboards?
Are you too excited with the glimmer of dashboards? Most likely, you are already submerged in it, if you are reading this paper. Let’s therefore do some soul-searching and needs assessment.
Building a Successful Contact Center
Today’s customer is more tech-savvy and informed than ever before. Data is available at his fingertips. He, therefore, expects the best service support and there is no excuse for poor customer support.
The Power of Data Visualization
Converting data into visuals has been a part of humanity since early days. Cavemen scrawled their stories on walls of caves and hunts.
Analytics at a Glance
In my work, I talk almost every day with business leaders about their use of data. Often they tell me they have more information than ever before - but even less time to look at it! And when they do …
AI in Marketing – helping marketers to be more targeted and creative…
These technologies help make sense of company data and determine what customers want. One of these emerging technologies is, of course, Artificial Intelligence (AI).
Analyzing Mutli-Channel Data
We were delighted to recently kick off the Lumenore webinar series and honored that Donald Farmer, principal with TreeHive Strategy, agreed to be our expert guest presenter.
‘Do You Know’- Augmented Analytics Demystified
Let’s talk about what “Augmented Analytics” really is and why it is important. Conventional analytics involves a series of steps. From using sophisticated tools to a technical workforce, and data science specialists to prepare and derive insights in the form of dashboards.
Making Call Centers smarter with Business Intelligence
Everyday “By 2022, more than half of major new business systems will incorporate continuous intelligence that uses real-time context data to improve decisions.”
Strategies for effective Customer Communications Management (CCM)
Your business success is determined by the customer experience you offer. According to a Mckinsey report – 70% of the customer’s journey is dictated by how the customer feels they are being treated.
4 Types of Business Intelligence Users in Every Company (and what they…
Data forms the foundation of our workspace, and Business Intelligence provides users with the power to deal with data in a more systematic and effective way.
Redefining Business Intelligence in the Face of Modern Business Challenges
Organizations need business insights for informed decision-making. Data-driven operational efficiencies and insights-driven strategic advantages create sustainability and growth for businesses.
Five ways to transform into a data-driven organization
As an organization in the digital age, your value depends on how effective your data-driven approach is. Studies conducted by the McKinsey Global Institute point to data-driven organizations being 23 times more likely to acquire customers.
Accelerate automotive sales prospecting with lower spends
The secret to growing profitability? Optimize your sales model by identifying levers tailored to your business. Attracting the right buyer can be the hardest and the most expensive part of an automotive OEM’s acquisition strategy. With the rapidly-changing landscape, sales prospecting has become harder. By 2030, OEMs
Increase manufacturing sales with decision intelligence
Sales growth in manufacturing is driven by better intelligence - here’s how your business can access it.
Customer Care Challenges, and what is the “New Normal”?
With the rampant spread of COVID-19, customer care leaders are taking unprecedented business continuity actions to overcome the constraints primarily driven by the shortage of contact center agents.
Customer is king - and your competitors already know it
It is logical to think that customer-centric organizations do better than their counterparts.
How Natural Language Processing with Powerful BI can Improve data insights
If you have not heard of Amazon’s Alexa or Apple’s Siri, you are definitely living under a rock. Siri and Alexa don’t require users to change accents or language.
Taking Employee Training to the Next Level with Business Intelligence & Analytics
Organizations require business insights for informed decision making across all business functions. Employee Training and Corporate Learning is no different.
Data Speak: Leveraging Conversational Intelligence in a Voice-driven World
In the past year, 1 in 2 searches were voice-activated.1 The data is hardly surprising given that 1 in 5 Americans owns a smart speaker
How to Choose the Right BI Platform for Your Organization
Each year, BI and analytics platforms deploy a host of new, powerful features to help organizations get better insights. 2021 has brought even more impressive features to fore as Forrester notes in their report.
Augmented BI: Changing How Business Analytics is Done
Data forms the foundation of our workspace, and Business Intelligence provides users with the power to deal with data in a more systematic and effective way.