Business Intelligence is the practice of collecting and analyzing data and transforming it into useful, actionable information. In order to make good business decisions, leaders need accurate insights into both the market and day-to-day operations. Business Intelligence uses methods and tools like machine learning to take massive, unstructured swaths of data and turn them into easy-to-use reports.
But how exactly to implement BI into a company?
Beth Winters, JD/MBA, is the solutions marketing manager of Aparavi, a data intelligence and automation software and services company that helps companies find and unlock the value of data.
Data is the most valuable asset for any business in 2021. If your business is online and collecting customer personal information, your business is dealing in data, which means data privacy compliance regulations will apply to everyone — no matter the company’s size.
Rockset is making a pitch to MySQL and PostgreSQL developers with a cloud service to offload analytics at a fraction of the cost of cloud data warehouses.
With AQUA, Amazon Redshift travels full-circle to delivering an elastic data warehouse, at least for cooler data.
For most entrepreneurs, the best way to make money is to find ways to work smarter and not harder. While different companies, regardless of their size, have different operational processes, they share a common need for actionable insight to drive success in their business. Advancement in big data technology has made the world of business even more competitive. The proper use of business intelligence and analytical data is what drives big brands in a competitive market.
Digital transformation has been one of the biggest catchphrases of the past year, with many an organization forced to reckon with aging IT, a lack of digital strategy, or simply the challenges of growth after being faced with newly-remote workforces, customers doing everything online and other tech demands.
Now, a startup called Upstack that has built a platform to help those businesses evaluate how to grapple with those next steps — including planning and costing out different options and scenarios, and then ultimately buying solutions — is announcing financing to do some growth of its own.
Built for hybrid and multi-cloud environments, the Informatica platform is designed for both data scientists as well as business users.
After his last startup, Framed Data, was acquired by Square, Thomson Nguyen began exploring new ideas. While an entrepreneur-in-residence at Kleiner Perkins, Nguyen interviewed hundreds of small business owners and realized that many pay hundreds of dollars in fees to maintain a business checking account. “Most small businesses are low margin, high cash flow, so they don’t have $4,000 just laying around,” Nguyen told TechCrunch.
Meroxa, a startup that makes it easier for businesses to build the data pipelines to power both their analytics and operational workflows, today announced that it has raised a $15 million Series A funding round led by Drive Capital. Existing investors Root, Amplify and Hustle Fund also participated in this round, which together with the company’s previously undisclosed $4.2 million seed round now brings total funding in the company to $19.2 million.
At the core of XMOS are three interconnected services: XM Directory, iQ, and xFlow.