Are your reports delivering the right information for your business? Here's how to get the best information into the correct hands.
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The report usage question has plagued IT from the beginning. Most IT staff know that the 80:20 rule applies: 20% of the reports produced for the business do 80% of the informing. Meanwhile, unused and seldom-used reports pile up on servers.
There is no reason to believe that big data reporting is any different. To prevent wasted efforts in dashboard and analytics report development, here are eight best practices to follow:
While you're here, how about this:
Kyligence CEO Identifies Top Big Data, Cloud, and Data Analytics Predictions for 2021
Chief Data Officers (CDOs) and Chief Analytics Officers (CAOs) will increasingly view their datasets and analytics beyond the boundaries of individual cloud and data platforms. While the expense of data movement will motivate data teams to leave data where it is, many will pursue ways to engineer their analytics pipelines to source data from multiple public and private cloud platforms, and across cloud storage, data warehouses, and data lakes.
While some have cast doubt on the idea of Citizen Analysts/Data Scientists, there is an increasing desire by executives to push down machine enhanced decision making to a much broader population of information workers. The resulting flow of curated data and actionable intelligence will create a large pool of accidental analysts who are able to benefit from data driven insights without unsustainable retraining requirements.
Top BI and Analytics Trends Transcending Business Boundaries in 2021 | Quantzig Presents
According to Quantzig, to stay future-ready, businesses must make the digital switch before it's too late.
"Ensuring information access and decentralizing the decision-making process will help businesses to alleviate overburdened IT teams, reduce risks, and dramatically reduce decision-making timeframes. Though the focus of their actions might seem short term, the actions they take now will help them stay future-ready by building a framework for BI and analytics," says Quantzig.
Strategy Analytics: Smartphone Replacement Cycle Will Shorten to 33 Months in Western Europe by
Exhibit 1. Smartphone Replacement Cycle in Western Europe from 2015 to 2025 (Graphic: Business Wire)
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Boris Metodiev, Associate Director, at Strategy Analytics, said, "We estimate the average smartphone replacement cycle in Western Europe has lengthened from a low of 25 months in 2015 to a peak of 40 months in 2020. European consumers today are replacing their old smartphones less frequently due to operator de-subsidization, lack of major hardware innovation, 4G maturity, and a virus pandemic that has wreaked havoc in the region."
While you're here, how about this:
Television (TV) Analytics Market Size Is Valued At USD 9.24 Billion By 2028 – The Sentinel
A new comprehensive research Study is added in Data Bridge Market research's database of 350 pages, titled as " Television (TV) Analytics Market " study with 100+ market data Tables, Pie Chat, Graphs & Figures. All the data and information gathered in the Television (TV) Analytics report is studied and analysed with the demonstrated tools and techniques such as SWOT analysis and Porter's Five Forces analysis.
The research and analysis conducted in Television (TV) Analytics report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Television (TV) Analytics industry. Nevertheless, this global market research report unravels many business problems very quickly and easily.
How Business Analytics is Helping Enterprises Bounce Back in the Post COVID-19 Phase | Quantzig
The massive explosion of data available to businesses has given rise to data management and optimum data usage issues. Companies are faced with questions around processing and making sense of vast amounts of data, finding a correlation between various variables, and successfully predicting the right outcome.
According to Quantzig's business analytics experts, "With data availability on the rise, there is a dire need for businesses to leverage data for decision making, and we make it possible by offering customized business analytics solutions to meet the unique needs of businesses."
Global Data Management Solutions for Analytics Market 2020 Product Type, Subcomponent
MarketsandResearch.biz proclaims the addition of a new research report titled as, Global Data Management Solutions for Analytics Market 2020 by Company, Regions, Type and Application, Forecast to 2025 that contains the industrial chain, factual data about every single part of the Data Management Solutions for Analytics market, production chain, manufacturing capacity, sales volume, and revenue.
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The report contemplates the global industry market size, industry status and gauge, rivalry scene, and development opportunity. The drivers, limitations, and opportunities for the market are also listed along with current trends in the industry. The market report is categorized by application, end-user, product/service types, and other, as well as by region. Players around various regions are covered under this report.
Global Aviation Analytics Market Report 2020: COVID-19 Could Affect Aviation Analytics Services
Demand for Optimized Business Operations Through the Application of Structured Analytical Solutions
Growing Emphasis on Identifying New Market Opportunities by Analyzing Customer Behavior and Preferences
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Average Selling Price of Analytics Solutions
Value Chain Analysis
Porter's Five Forces Analysis
Technology Analysis
Parameters for the Selection of Aviation Analytics Solutions
Innovations and Patent Registrations
Solutions
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