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You are here: Home / Archives for business intelligence

Business Intelligence: Your Key to Success in Stiff Competition

February 15, 2017 By Eric Sachs 13 Comments

Business Intelligence Your Key to Success in Stiff Competition

In the past, the expense of collecting, storing, and analyzing data meant business intelligence (BI) was available only to large corporations. But technology has changed and increased, namely through widespread internet access and usage. It's therefore become quite affordable to collect and store big data that's useful to business decisions. The problem, until recently, has been handling the analysis of said data. Now, a variety of tools are available to assist even the smallest of … [Read more...]

Filed Under: Small Business Advice Tagged With: big data, business intelligence, business intelligence tools, data mining

How Retail Businesses Use Business Intelligence to Maximize Profitability

December 22, 2013 By Gail Gardner 6 Comments

Big Data both structured and unstructured

Classic retail business design involves choosing a product, determining the proper price through supply and demand analyses, and setting up a distribution channel. One of the earliest examples of a famous retail operation is the Sears, Roebuck, and Company.  They are famous for their longevity, as well as their famous catalog, which has been published for over 100 years. Interestingly, modern marketers are stupefied when they realize that Sears delivered their voluminous catalogs free of … [Read more...]

Filed Under: Small Business Advice, Uncategorized Tagged With: big data, business intelligence, retail business, small business advice

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