We live in a decade that states changes in the concept of economy, business, medical sciences, and technology. With all the new prospects we are now focused on there are many new minds and businesses that are coming forth as start-ups or those already established
Data Science and Statistics are complementary of each other. In 1977, The IASC (International Association For Statistical Computing) was formed. The main aim of this association was to link statistical methods, computer technology and the knowledge of domain experts in order to covert data into information
AI based Insights in Power BI The Power BI team has been working tirelessly to integrate AI capabilities into traditional BI scenarios. Because Power BI is constantly evolving, it’s easy to miss, or be unaware of, specific features. There are various AI and ML capabilities
Power BI is a business analytics solution that enables business users to connect, model and explore their data with visual reports. The reports can also be shared across the organization and embedded in website or mobile app.
Reporting is “the process of organizing data into informational summaries where as Analytics is “the process of exploring data and reports in order to extract meaningful insights.
Problem Statement Why Traditional Business Intelligence techniques are failing to resolve today’s Business problems? Possible Solutions The goal of Business Intelligence is to provide right-time information to management and function as a decision support mechanism. Below are few challenges in using Traditional Business Intelligence techniques. IT spends
Problem Statement Spreadsheets aren’t always the right tools for many BI tasks Possible Solutions While Microsoft Excel and other spreadsheets have existed now formany years, spreadsheets aren’t always the right tools for many BItasks. Creating charts in Excel many times do not give the desired
Problem Statement Publishing Power BI reports with Python visuals Possible Solutions Courtesy of Blog: https://powerbi.microsoft.com/en-us/blog/python-visualizations-in-power-bi-service/ With our February update of Power BI, you can now share, publish and view Python visuals in your reports and dashboards. This update extends the support for Python in the
Problem Statement Why Manufacturing companies need Analytics Possible Solutions The top three areas where analytics can improve manufacturing performance. Better forecasts of product demand and production, Understanding plant performance across multiple metrics and Providing faster service and support to customers Analytics-driven order management drives customer loyalty Organizations can use predictive analytics to redesign
Given the issues spreadsheets can have when used as adhoc BI tools and how firmly ingrained they are in our psyches, finding the right BI tool isn’t a simple process.
