Birst’s Connected Data Prep empowers business people to access and prepare data with a user-friendly, visual experience that eliminates the need for complicated scripting. Not only that, with Connected Data Prep you can network your analytics with data from colleagues, other departments, or your IT organisation, enriching your insights for smarter, more trusted decisions.
The data lake concept centers on landing all analysable data sets of any kind in raw or only lightly processed form into the easily expandable scale-out Hadoop infrastructure to ensure that the fidelity of the data is preserved.
Since its inception, the primary objective of business intelligence has been the creation of a top-down single source of truth from which organisations would centrally track KPIs and performance metrics with static reports and dashboards. This stemmed from the proliferation of data in spreadsheets and reporting silos throughout organisations, often yielding different and conflicting results. With this new mandate, BI-focused teams were formed, often in IT departments, and they began to approach the problem in the same manner as traditional IT projects, where the business makes a request of IT, IT logs a ticket, then fulfils the request following a waterfall methodology.
Known as the technology behind bitcoin, blockchain has created a profound impact on the financial industry and beyond. But its potential is much more far-reaching and not limited to cryptocurrency. As blockchain continues to evolve, the list of its business applications just keeps expanding.
The world of technologies recently is buzzing with a new terminology: “networked analytics”, which was marketed as the technology behind cloud-based Business Intelligence solution from Birst (recently acquired by Infor). Such breakthrough is expected to help businesses to manipulate data much better than what we are currently doing.
Earlier this year, Gartner published their 2018 Magic Quadrant for Analytics and Business Intelligence Platforms mentioning the trend of upgrading traditional solutions as well as expanding portfolios with new vendors as the market innovates on ease of use and augmented analytics.
Blockchain technology has become one of the buzzwords recently, it even made headlines in Vietnam. There was an entire event last March dedicated to educating fintech personnel and the general curious public about blockchain and its impact.
Machine Learning – a branch of AI, is changing the way companies utilise their Big Data reserve, which allowed them to reshape customers’ behaviour. Machine Learning based on the idea that machine can learn from data and recognise the patterns, which result in decisions and predictions with a degree of certainty.
Big Data is opening up a whole new world for manufacturers. Moreover, Big Data has become an important element of ERP system with the ability to link all data to people and processes.
Business Intelligence (BI) implies all modern technologies that can provide useful information for business purposes. The word "Intelligence" in the phrase "Business Intelligence" means the ability to access insights easily.