Studies have shown that implementing a strong data governance strategy can significantly improve the returns from enterprise business intelligence (BI) investments. According to a study published by Forbes Insights, over 75 percent of corporate executives agree that data governance improves access of advanced BI capabilities to mainstream business users. Furthermore, a recent survey by Gartner...
Self-service Business Intelligence is a subset of Business Intelligence (BI) whose global market size was $8.53 billion in 2022 and is expected to grow at a CAGR of 15.4% through 2032 (Report: Self-Service BI Market). Self-service BI enables end-users to access, analyze, and interpret data without relying on extensive IT support or expertise. With the...
Manufacturers generate and collect data from multiple sources such as machinery, end-user products, customers, IIoTs, transactions, business processes, and more. The phrase ‘Data is the new oil’ is commonly used, and just like the oil, data is not of much use in its ‘crude’, raw form. It needs to be stored and refined (transformed and...