Business intelligence for small and medium-sized enterprises Three days of work for a monthly report. 18 different Excel files. And in the end, the sales department works with different figures than the management. This is not an extreme case—it is everyday life in many small and medium-sized enterprises. The Excel problem “The problem is never…
Why many key figures are of little use and what really counts Many small and medium-sized companies are collecting more data today than ever before. The crucial question remains: Are they measuring the right things? Too often, KPIs are just numbers without context. They look good, but don’t help in everyday life. You can find…
Making better decisions Many companies have a lot of data, but often lack an overview. Where does sales currently stand? Which products are doing well and which are not? What is the current cost trend? Instead of spending hours leafing through reports or poring over tables, a business intelligence dashboard provides exactly that: clarity. Quickly,…
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 If information is incomplete, inconsistent or outdated, this results in planning errors, unnecessary coordination efforts and costly wrong decisions.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…