Bad data costs time, money and nerves – but that can be changed Many companies are aware of the importance of reliable data, but fail to implement it on a day-to-day basis. If information is incomplete, inconsistent or outdated, this results in planning errors, unnecessary coordination efforts and costly wrong decisions. A well thought-out data…
What is predictive analytics – and why is it so relevant? Predictive analytics refers to the data-driven prediction of future developments. Based on historical data, statistical methods, machine learning and artificial intelligence, companies analyze probabilities, patterns and trends. The aim: to make more informed decisions and identify risks at an early stage. More than just…
How artificial intelligence is revolutionizing traditional BI approaches In recent years, business intelligence (BI) has established itself as a central component of modern corporate management. Companies analyze data, create dashboards, define KPIs – and make decisions based on historical figures. However, the advent of artificial intelligence (AI) is ushering in a new era: BI is…