February, 2023

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3 Effective Techniques for Root Cause Analysis

BA Times

Root Cause Analysis is a method of identifying the underlying cause of a problem or fault. It is a systematic process that involves gathering information, analyzing data and identifying the root cause of the problem. The goal of Root Cause Analysis is to solve the problem and prevent it from happening again in the future. […] The post 3 Effective Techniques for Root Cause Analysis appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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Data Analytics Technology Proves Benefits of an MBA

Smart Data Collective

We have talked about ways that big data can help grow your business. But big data can also help demonstrate the importance of pursuing a degree in business as well. Data analytics technology is constantly shedding new insights into our lives. Many things are well observed through anecdotal experiences, but we have had a hard time proving them before data analytics technology became mainstream.

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How Automation and AI Will Fill IT Labor Gaps

Dataversity

People who have viewed automation and AI with a sense of dread may be beginning to appreciate how it can reduce the boring, repetitive work that is the bane of their lives. In fact, rather than being a threat to human contributions to the enterprise, automation is a powerful enabler of creative, innovative work. An […] The post How Automation and AI Will Fill IT Labor Gaps appeared first on DATAVERSITY.

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Math and Data Science: What Do You Need to Know? | Simplilearn

Simplilearn

Mathematics is an integral part of data science. Any practicing data scientist or person interested in building a career in data science will need to have a strong background in specific mathematical fields. Depending on your career choice as a data scientist, you will need at least a B.A., M.A., or Ph.D. degree to qualify for hire at most organ. Read More.

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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!

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What A Shoulder Injury Taught Me About Business Change

BA Times

I’ve recently been going through physiotherapy treatment on my shoulder after a minor (but painful) injury. I’ve never had physiotherapy before, and so I had certain (entirely wrong) assumptions about what would happen. I assumed that a quick but potentially painful treatment would be ‘done to me’. I had visions of the physio grabbing my […] The post What A Shoulder Injury Taught Me About Business Change appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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What Happens When ChatGPT Becomes Monetized or Goes Away?

Dataversity

ChatGPT is getting a lot of press right now and has catapulted artificial intelligence (AI) into the eyes of the general public in a very big way. While it isn’t the first generative AI, it achieved a surprisingly fast rate of adoption and is presenting an interesting look into the future of AI. Some people are […] The post What Happens When ChatGPT Becomes Monetized or Goes Away?

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The 5 Types of Influencers You Need to Know | Simplilearn

Simplilearn

Influencer marketing has become wildly successful. Brands are making more than 5x what they spend on working with influencers – when they find the right ones to work with, that is. And that’s the first challenge: identifying the best types of influencers to deliver real results for the brand. Especially when there are five different types of. Read More.

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What Do Business Analysts and Rockstars Have in Common?

BA Times

Well, quite a lot actually. I’m not saying we’ve all got the swagger of Liam Gallagher, or the Ziggy Stardust fashion sense of Bowie. Nor, do we all play guitars, or know our way around a recording studio (although some do). And I’d confidently say, none of us are going around with diva-like demands or […] The post What Do Business Analysts and Rockstars Have in Common?

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The Surprising Benefits of Data Analytics for Furniture Stores

Smart Data Collective

Data analytics technology has played a huge role in the future of small businesses. One study from March 2020 showed that 67% of small businesses spend over $10,000 a year on data analytics. Of course, this statistic predates the pandemic. Many businesses have since invested even more in their data analytics infrastructure, since they have relied more heavily on digital technology in a post-pandemic world.

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Business Valuation Software: Free Guide to Valutico Platform

Explore our free guide to Valutico, the platform that revolutionizes automated report generation, offers access to 1 million M&A transactions, enables quick benchmarking, and streamlines the entire valuation process. With Valutico, you gain access to: 30-Minute Valuations: Rapidly producing accurate results. 3TB of Financial Data: The expansive data you need at your fingertips.

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A Futuristic Vision For The Middle East?

Timo Elliott

I recently had the honor of being a presenter and moderator at some internal kickoffs in the (incredibly dynamic) Middle East region, and with tongue firmly in cheek, I had fun with text-to-AI algorithms to portray what the future might look like: City skylines with flying taxis? A certain software company’s middle east office of the future, with view over the desert (and robot employees?

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BA Techniques?—?Prioritization

Analysts Corner

BA techniques — prioritization Photo by Ch_pski on Unsplash Feature and user story prioritization is important for business analysts in a development project for several reasons: Alignment with business goals : Business analysts play a key role in aligning the development project with the overall business goals and objectives. Improved customer satisfaction : Business analysts are often responsible for gathering customer requirements and feedback.

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2023: Generative AI, IoB-Informed Products, and Other Data-Driven Technologies

Dataversity

There are several data-driven technologies that are primed to take off this year. Based on what we are seeing with our customers, we can expect a surge in the adoption of emerging technologies like generative artificial Intelligence as well as new software architectures that will transform markets, empower consumers, and deliver new personalized customer experiences. […] The post 2023: Generative AI, IoB-Informed Products, and Other Data-Driven Technologies appeared first on DATAVERSITY.

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Agile Sprint in Software Development: Definition, Process, & Roles | Simplilearn

Simplilearn

A sprint, in the non-digital context, is a short race done at fast speeds. Alternately, it’s just a short period of running extremely fast but with no race involved, like a runner who, near the tail-end of their three-mile run, decides to put on a final burst of speed for a strong finish. Today’s increasingly digital society has boosted the de. Read More.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Top Business Analysis Skills To Learn in 2023 To Thrive in a Volatile Economy

BA Times

With the economic landscape ever-evolving and uncertainty in the air, it pays to know which business analysis skills are essential for success. In such a business environment, having the right skills can be the difference between success and failure. As 2023 approaches, it’s more important than ever to develop the right business analysis skills that […] The post Top Business Analysis Skills To Learn in 2023 To Thrive in a Volatile Economy appeared first on Business Analyst Articles,

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Data Mining Technology Helps Online Brands Optimize Their Branding

Smart Data Collective

In the digital age, online brands constantly look for ways to improve their branding and stay ahead of the competition. Data mining technology is one of the most effective ways to do this. By analyzing data and extracting useful insights, brands can make informed decisions to optimize their branding strategies. This article will explore data mining and how it can help online brands with brand optimization.

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10 Steps To Creating a Presentation

Timo Elliott

A few months ago I was asked for some advice about how I put together presentations as an Innovation Evangelist, and this post is a reworked version of those points. First, the context: most of the presentations I give are keynote-style presentations on the trends around the intersection of business and technology to diverse audiences (i.e. some mix of business technical people, different industries, lines of business, regions, etc.).

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Great books for business analysts that work in products

Analysts Corner

A reading list for BAs in product teams Many business analysis professionals work in a product setting. Whether you’re collaborating with, or acting as, a product owner, there are product management approaches that are useful for conducting business analysis. Here are some book recommendations covering everything from the product process and discovery interviews to problem framing and documentation.

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Maximize Productivity and Simplify IT Management with Conversational AI

ChatGPT has dominated boardroom conversations for months now. From drafting a stock trading program, to creating a SQL query to model data, there are practically no limits to the applications of the AI language model assistant. At ManageEngine, we have been working on our own AI-assistant, Zia. Zia is a fully-trained analytics assistant that can perform a range of functions such as creating and adding reports to dashboards, providing conversational support to data analysis, insight discovery, bu

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2023 Predictions: Breakthroughs Incoming for AI and Data Science

Dataversity

Surprising though it may sound, most AI business applications remain rudimentary. Some industry spectators believe the market is flush with cutting-edge AI breakthroughs. But in truth, many providers mislabel rules-based tools – including robotic process automation (RPA) – as AI and ML. Seasoned DevOps teams and software engineers know that RPA – although useful in […] The post 2023 Predictions: Breakthroughs Incoming for AI and Data Science appeared first on DATAVERSITY.

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Top 7 Steps to Decide the Right Career Path | Simplilearn

Simplilearn

Choosing the career path is tough and requires a careful assessment of your abilities, potential and aspirations to move ahead. It is a challenge for everyone to sustain in the ever growing competitive professional world where a right move at the right time may take you to pinnacles in career, while a wrong move may dwell you into pits. You might. Read More.

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Fighting for Priority

BA Times

Fighting for Priority Any project manager or business analyst that works with scoping requirements and planning development cycles, knows the pain of prioritizing those requirements. Ask five different stakeholders and get five different priorities. While this is painful when first planning the project, the pain increases each time there is a change in stakeholders or […] The post Fighting for Priority appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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Advances in Data Analytics Are Rapidly Transforming Nursing

Smart Data Collective

Big data technology is driving major changes in the healthcare profession. In particular, big data is changing the state of nursing. Nursing professionals will need to appreciate the importance of big data and know how to use it effectively. Keep reading to learn more. The Growing Relevance of Big Data in the Nursing Profession Healthcare technology is changing all the time.

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Data-Backed Secrets for Minimizing Discounts & Maximizing ROI Post-Holiday

Use data to turn one-off holiday shoppers into repeat buyers and effortlessly drive more sales throughout the year. Our guide will give you an in-depth understanding of what triggers your customers to buy and breaks down campaign examples from leading B2C brands.

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AI Pattern-Matching for Personalized Health

Timo Elliott

The biggest opportunity for AI technology, by far, is health and wellness. Medicine is hard. For many ailments, finding out what’s actually wrong, and determining out the right treatment, has taken hundreds of years of careful data analysis. Anybody who’s seen an episode of Dr. House has seen dramatizations of some of the problems that real doctors face on a daily basis.

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How to survive a day as a business analyst?

Analysts Corner

A practical guide to napping without getting caught! You’ve completed all the online training, gained all of the knowledge, are well-versed in all aspects of business analysis, and have done everything in your power to comprehend the so-called BABOK 100 times. And “Hurrah!” You have been offered a position. You’ve been working at your new job for almost a month now, and you’re still sitting at your desk wondering, “What should I do?

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Data Drift vs. Concept Drift: What Is the Difference?

Dataversity

Model drift refers to the phenomenon that occurs when the performance of a machine learning model degrades with time. This happens for various reasons, including data distribution changes, changes in the goals or objectives of the model, or changes to the environment in which the model is operating. There are two main types of model drift that […] The post Data Drift vs.

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How to Control Stakeholder Management Effectively? | Simplilearn

Simplilearn

There are so many good examples of project managers who are very successful managing the overall project team, other related staffs and various stakeholders (stakeholders are the individual or organizations who can influence the project positively or negatively). It is not easy to manage and control the stakeholders as their demands or changing re. Read More.

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The Young BA

This article focuses on my experience starting as a customer service representative and working myself up to become a lead analyst in my organization. I did not start with many special skills or talents but I wanted to reflect on what did help me.