What are the benefits of business intelligence tools?
january 13, 2023 What are the benefits of business intelligence tools? Business intelligence tools are valuable for businesses as they primarily deal with helping businesses speed up information analysis and performance evaluation. These tools help reduce inefficiencies, identify new revenue streams and areas where problems are causing income losses, thus identifying potential areas for future […]
Creating Data Warehouses and Business Intelligence Systems
january 12, 2023 Creating Data Warehouses and Business Intelligence Systems Building a Data Warehouse is a key stage in the development of information systems infrastructure for a company aiming to efficiently manage and expand its business. Simply accumulating information does not provide additional advantages in the decision-making process. It is essential to provide decision-makers with […]
How business intelligence works
january 3, 2023 How does business intelligence (BI) work? Business Intelligence follows four key steps in order to transform raw, unedited data into easy-to-understand insights and analytics that can be used by anyone in the organisation. The first three ones determine what the final decision-making step will look like. Those three steps are – data […]
Business Intelligence systems: general information
january 06, 2023 Business Intelligence systems: general information The users’ credo regarding working with information sounds something like this: «Give me all the data I truly need, and only when I actually need it» In other words, most users don’t want to spend extra time analysing data when there are no significant deviations that require […]
Cheers to more shared successes in the new year from Lasmart
december 30, 2022 Dear clients! We wish you a Happy New Year and a Merry Christmas. We wish your company a fruitful, productive and generous year, and to you — a peace of mind and a cheerful spirit. Lasmart team would like to thank you for your constructive collaboration and interesting projects that you inspire […]
CASE: Implementing Retail Analytics in a pharmacy chains
december 26, 2022 CASE: Implementing Retail Analytics in a pharmacy chains Lasmart has implemented a BI system in a pharmacy chain. The analytical reporting of the network is automated with the Retail Analytics solution, developed and implemented by Lasmart. The solution is maintained and developed with the support of the integrator, and the opening of […]
Trend: Data Storytelling
december 23, 2022 Trend: Data Storytelling What is data storytelling? Data storytelling is the ability to effectively communicate insights from a set of data using narratives and visualisations to inspire action from a particular audience.The benefits of data storytellingData storytelling is very similar to human storytelling, with an added benefit of supporting evidence through graphs […]
Power BI: Microsoft’s next-generation business intelligence tool
december 20, 2022 Power BI: Microsoft’s next-generation business intelligence tool In the past few years, the BI market has shifted dramatically. Today, the trend of so-called ‘self-service BI’, user-friendly business analysis, has come to the fore. Today, you do not need to be a database professional, understand the mechanism of OLAP cubes or know how […]
BI lifecycle
december 13, 2022 How to choose a platform for a BI system? Business Intelligence LifecycleThe business intelligence life cycle consists of several phases, from converting raw data to its analysis and decision making.Interestingly, 5 stages of BI value chain also coincide with a few BI lifecycle steps. The 7 steps of a typical BI lifecycle […]
How to choose a platform for a BI system?
december 16, 2022 How to choose a platform for a BI system? Today’s information technology market offers many BI tools, capable of meeting virtually any requirements and desires of a company, that has the determination to implement analytical tools and make its data work. The Gartner Magic Quadrant for BI & Analytics Platforms which is […]