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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.

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How to evolve your DTC startup’s data strategy and identify critical metrics

TechCrunch

Direct-to-consumer companies generate a wealth of raw transactional data that needs to be refined into metrics and dimensions that founders and operators can interpret on a dashboard. We’re generally big fans of plug-and-play business intelligence tools, but they won’t scale with your business. Both are valid concerns!

Metrics 245
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Transform launches with $24.5M in funding for a tool to query and build metrics out of data troves

TechCrunch

Now, three alums that worked with data in the world of Big Tech have founded a startup that aims to build a “metrics store” so that the rest of the enterprise world — much of which lacks the resources to build tools like this from scratch — can easily use metrics to figure things out like this, too.

Metrics 247
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5 tips for excelling at self-service analytics

CIO

One potential solution to this challenge is to deploy self-service analytics, a type of business intelligence (BI) that enables business users to perform queries and generate reports on their own with little or no help from IT or data specialists. Have a data governance plan as well to validate and keep the metrics clean.

Analytics 205
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6 key metrics that can help SaaS startups outlast this downturn

TechCrunch

Sudheesh Nair is CEO of ThoughtSpot , a business intelligence company that has built an intuitive Google-like interface for data analytics. When thinking about metrics for SaaS companies, it’s helpful to look at how current customers are using your product so you can identify areas of concern and take action. Contributor.

Metrics 208
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Productivity startup Time is Ltd. raises $5.6M to be the ‘Google Analytics for company time’

TechCrunch

Productivity analytics startup Time is Ltd. wants to be the Google Analytics for company time. Furthermore, Ulf Zetterberg, founder and former CEO of contract discovery and analytics company Seal Software, is joining as president and co-founder. Or perhaps a sort of “Apple Screen Time” for companies.

Analytics 254
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DataRails raises $50M to boost financial analytics and other tools for Excel spreadsheet acolytes

TechCrunch

It’s estimated that there are more than 1 billion people using Microsoft’s Excel in the world today, and a significant part of those are smaller-business people, and of those, 80% lean on the spreadsheet software to keep track of their finances. DataRails will continue to focus squarely on SMBs. Image Credits: DataRails.

Analytics 229