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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215
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What is data analytics? Analyzing and managing data for decisions

CIO

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

Analytics 203
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7 famous analytics and AI disasters

CIO

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 218
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Earthmover to bring petascale data tools to climate tech with $1.7M pre-seed

TechCrunch

Abernathey , who is an associate professor of Earth and environmental sciences at Columbia University, said he saw his lab’s work on tools having a greater impact than the results of their research projects. The business world was benefiting from a slew of new tools that worked well for their data types.

Tools 203
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Dynatrace Extends APM Reach Into Business Analytics

DevOps.com

A growing number of providers of tools widely employed by DevOps teams that are extending their reach into business analytics has been joined by Dynatrace. The post Dynatrace Extends APM Reach Into Business Analytics appeared first on DevOps.com.

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OTA Insight books $80M for its hospitality business intelligence tools, used by 55K hotel properties globally

TechCrunch

Now, OTA Insight — a company that builds business intelligence tools for one of the key sectors in that space, hotels — is announcing a round of funding as it too picks up more business on the upswing. And yet after they arrived they could see that a lot of hotels had spaces and were drastically dropping prices.

Hotels 224
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What is business intelligence? Transforming data into business insights

CIO

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions. This gets to the heart of the question of who business intelligence is for.