Remove Business Intelligence Remove KPI Remove Marketing
article thumbnail

13 power tips for Microsoft Power BI

CIO

Power BI is Microsoft’s interactive data visualization and analytics tool for business intelligence (BI). Use a rotating tile or a Power KPI custom visualization to combine multiple report types on a single tile. You can drill into data, create a variety of visualizations, and (literally) ask questions about it using AI.

article thumbnail

5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Low code/no code solutions give business teams the ability to deliver changes quickly,” he says. The unified communications market’s meager 1.6%

Budget 218
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Building a stronger supply chain through automation

CIO

My role encompasses all aspects of technology at Peavey, from our IT infrastructure and service desk to business intelligence, application development, and cybersecurity. In early 2023, I also took on the expanding ecommerce business at Peavey, with P&L responsibility. This process was entirely manual.

article thumbnail

Hotel Revenue Management: Solutions, Best Practices, Revenue Manager’s Role

Altexsoft

Cross, the author of the book Revenue Management: Hard-Core Tactics for Market Domination defines revenue management as “the art and science of predicting real-time customer demand at the micromarket level and optimizing the price and availability of product.”. What is hotel revenue management? Demand forecasting. Yield management.

Hotels 66
article thumbnail

RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

Despite its simplicity, the occupancy rate is an important KPI that shows how full your hotel is. In any case, you will know better what to focus your marketing efforts on to get that desired “No vacancy!” Same as the RevPAR, this KPI doesn’t consider any input costs, so it can’t show the ultimate profit. Why use it? Why use it?

Hotels 64
article thumbnail

The Importance of Business Intelligence Software and Why It’s Integral for Business Success

Strategy Driven

In the digital-first, customer-centric world we live in today, managers and business owners must deal with information overload. That is the reason why they are always looking for ways to derive greater intelligence, control, and understanding from their data. The Main Benefits of Business Intelligence Software.

article thumbnail

Occupancy Rate Prediction: Building an ML Module to Analyze One of the Main Hospitality KPIs

Altexsoft

Read on to find out what occupancy prediction is, why it’s so important for the hospitality industry, and what we learned from our experience building an occupancy rate prediction module for Key Data Dashboard — a US-based business intelligence company that provides performance data insights for small and medium-sized vacation rentals.

Hotels 52