These days, everyone seems to have a great idea for an online store. But, there is a lot of competition out there and the importance of great eCommerce app development and eCommerce website development is undeniable. It may seem easy to build eCommerce solutions but there is a lot to consider.
In spite of the fact that trade publications and business conferences have been talking about business intelligence and BI software for years, there are still some business executives and business owners that do not understand how business intelligence tools can help the organization achieve its goals and stay ahead of the competition.
Whether you know it or not, you are familiar with Natural Language Processing. Applications of NLP include search techniques used in Google and other popular tools. The use of natural language processing in self-serve advanced analytics solutions can mean the difference between a simple, yet sophisticated, business user tool and a tool that is only suitable for a data scientist or professional analyst.
The Merriam-Webster dictionary defines the word ‘augment’ this way: ‘to make greater, more numerous, larger or more intense’. If you are wondering how this applies to the term ‘augmented analytics’, you are not alone. Let’s take a closer look at Augmented Analytics and talk about why it has gotten so much attention in the business intelligence world.
If you have a great idea for software product development for the consumer market or for the business market, you may be wondering how to transform that idea into a reality. While your IT team may be great at satisfying the day-to-day needs and helping you support your growth strategy, when it comes to custom application development, your team probably does not have the time to help you and may not have the skills ore expertise to take on custom app development.
If your business is looking for more insight, more targeted decisions and improved revenue and agility, data analytics is a necessary component of your strategy. If you are considering data analytics tools, it is important to consider that a data democratization initiative that will provide self-serve business intelligence tools to business users will reap more benefits than static, restrictive data analytics software that can only be used by data scientists, analysts and IT staff.
Data analytics software used to be reserved for data scientists, analysts and IT staff but not today! Talk to any business colleague or pick up any technology analyst article and you will find plenty of discussion about the current use of data analytics tools and impressive predictions about the growth of this market. There is a reason for that popularity and growth! Businesses have discovered the value of business analytics and the benefit of taking the guesswork out of planning, problem solving and decision-making.
Most businesses are able to support routine IT projects, and perhaps even some development and infrastructure work but, if the business is looking to develop a software product, develop an application or support expansion, establish new locations or staff short-term or long-term projects that require cutting-edge skills, the business may not have the resources to get the job done.
A business might wonder how to justify the implementation and cost of business intelligence tools when, in fact, it is more difficult to justify the decision NOT to implement a BI solution. A BI solution can provide targeted, concise information with which the business and business users can make fact-based decisions, and it can provide insight into trends and patterns that will help to dictate new product and service decisions, pricing decisions, staffing and training decisions and more.
Tally continues to grow in popularity and it recently released new features in Tally ERP 9 to streamline data entry and uploading, allow for easier export of files and more. As this solution evolves, perhaps one of the most popular upgrades and changes has been the added mobile access to the Tally app. Tally on Mobile allows users to access important tools from the road and to work after hours from home or another location without losing productivity or data sharing capabilities.
