And consider the insights available in that data: Maybe you need to increase your step count to meet a goal? This data can help you make decisions as to how you approach fitness. Whether it’s fitness stats from your smartwatch or monthly recurring revenue for a large enterprise business, there is data everywhere.ĭo you or someone you know have a smartwatch or fitness tracker? These devices track simple performance metrics like daily steps, standing hours, and exercise minutes. Data is available at the click of a button. There’s no doubt that the Internet of Things (IoT) has changed the way that the general population can access data, too. These tools make it possible to extract the insights from your data.Īnd then there’s the engine that fuels BI tools: the data itself. Examples of BI tools include data warehouses, dashboards, reports, data discovery tools, and cloud data services. And your approach to BI is defined by the tools you use. Literally, business intelligence means being more intelligent about your business. You’ve likely heard the term Business Intelligence, more commonly referred to as BI.
How can you use the wealth of data that is available to you to influence decisions? The influx in available data has piqued data-curiosity. So you’ve got data, but what do you do with it? How do you distill the data into something tangible? We’ve all asked this question at one point or another. Check out the Starter Guide to Dashboards, the Starter Guide to Dashboard Design, and the Starter Guide to Data Visualizations. This article is a part of our Starter Guide series.
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