Modern Analyst

APRIL 4, 2021

Despite significant investments of time and well-intended stakeholder effort, many business process models still end up being not very useful for their intended purposes.

Process Modelling 48

Process Modelling 48

Pestle Analysis

JANUARY 19, 2023

The Business Process Analysis evaluates various steps that show how a business operates, with the aim of identifying inefficiencies or areas for improvement.

Process Analysis 52

Process Analysis Planning Business Analysis Business Analysis 52

Analysts Corner

FEBRUARY 6, 2023

Photo by Afif Ramdhasuma on Unsplash The Target Operating Model (TOM) is a blueprint that outlines the desired future state of an organization’s processes, systems, and organizational structure. A Target Operating Model helps align and optimize the business’s operations to achieve its strategic objectives.

Vision 234

Vision Planning Government Monitoring 234

Modern Analyst

OCTOBER 31, 2021

Analytical techniques in process discovery and improvement, including process mining and simulation, have been available for many years. The current business environment and technological advances have pushed these analytical tools into the mainstream, where they are being recognized as essential for all levels of business analysts.

68

68

Dataversity

OCTOBER 2, 2022

AI models have been proven to enhance critical processes that influence bottom lines, from predicting and preventing churn to detecting instances of fraud. But AI has also made headlines for producing harmful business and societal results, such as discriminating against individuals based on race or gender.

474

474

Analysts Corner

SEPTEMBER 12, 2023

Building blocks to model any process Modelling a business process often becomes one of the key steps of a business analyst’s job. A process model helps with visualising the problem area or defining the future state. Overall, a good process model makes life easier.

Process Modelling 130

Process Modelling Documentation Business Analysis Business Analysis 130

Timo Elliott

APRIL 1, 2023

It’s not creating the models or doing the data science—it’s actually making it part of an operational process. which can end up in models that “work” on the test data, but not in the operational system. which can end up in models that “work” on the test data, but not in the operational system.

Innovation 254

Innovation 254

Smart Data Collective

AUGUST 30, 2022

Analytics technology is very important for modern business. That figure is expected to grow as more businesses discover its benefits. In today’s business world, pricing has become one of the most important parts of a company’s strategy. We will also talk about ways to incorporate data analytics into these models.

Data Mining 328

Data Mining Data Analytics Data Analytics Real-time Data 328

BA Times

MARCH 15, 2023

Any process model is so much more than a flowchart. Process modeling is one of the core competencies of any capable business analyst. It is an abstraction of current or future real-world operations.

Process Modelling 185

Process Modelling Project Management Business Analysis Business Analysis 185

BA Times

MAY 4, 2023

Organizations are increasingly looking to improve their processes and additionally embrace digital transformation to leverage their capabilities. appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

Digital Transformation 233

Digital Transformation Digital Change Management Planning 233

Smart Data Collective

FEBRUARY 3, 2022

Therefore, the subscription business model is changing how customers pay for the service they receive. Hover, the subscription model can be quite challenging for businesses. If they wish to implement this model, they need to have an information collection system to keep track of billing and customer requests.

Data Analytics 271

Data Analytics Data Analytics Big Data 271

Smart Data Collective

NOVEMBER 24, 2021

One of the main reasons for such a disruption may be the obsolescence of many traditional data management models; that’s why they have failed to predict the crisis and its consequences. Based on this assumption, specialists relied on false predictive data models that could only reflect a simplified picture of the possible future.

Data Analytics 316

Data Analytics Data Analytics Real-time Data Business Intelligence 316

BA Times

DECEMBER 22, 2022

Business Process Normalization[1] is an analysis technique that leads to sound, modern business process and workflow structures. Proficiency with this analysis technique benefits their process […].

Business Analysis 207

Business Analysis Business Analysis Agile 207

Domo

FEBRUARY 1, 2024

The Amazon Bedrock ML Connector: What It Is and Why It Matters The Amazon Bedrock ML Connector is a pioneering addition to Domo’s AI Model Management platform. This tool allows for a direct and seamless connection to your Amazon Bedrock models right within your Domo environment.

Government 133

Government Data Governance Finance Data Modelling 133

Smart Data Collective

JANUARY 6, 2022

It is no secret that businesses that are looking to maximize profit in the near future are looking at the role AI can play to unlock potential profits. Meaning that through features and the constraints of the software repetitive changes to the model can in theory be automated. Introduction. AI Trends Shaping Modern CAD.

Artificial Intelligence 322

Artificial Intelligence Innovation 322

Analysts Corner

JULY 3, 2023

Image by KamranAydinov on Freepik Starting a new project as a business analyst Starting a new project as a business analyst can be daunting. Gain domain knowledge If you are new to the business domain, attempt to read and learn as much as possible about the domain. What to do first? Who to talk to? What to look for?

Documentation 246

Documentation Collaborative Game Business Analysis Business Analysis 246

Smart Data Collective

OCTOBER 13, 2021

That’s why you should approach AI development as if your training data is inherently biased and account for this at every stage of the process. The Institute produced a set of guidelines posed to help AI developers ensure model fairness. Besides flawed datasets, bias can also creep in during the model learning stage.

Artificial Intelligence 332

Artificial Intelligence Skillset Innovation 332

Business Analysis Knowledge Share

SEPTEMBER 12, 2023

In today’s data-driven business landscape, the role of business analysts has evolved significantly. They are now expected to not only understand the business’s goals and objectives but also possess the ability to extract valuable insights from vast and complex datasets.

Process Modelling 86

Process Modelling Data Analytics Data Analytics Requirements Gathering 86

Smart Data Collective

MARCH 14, 2022

Data analytics technology is becoming a more important aspect of business models in all industries. The importance of customer loyalty and customer service has become increasingly well-known and companies have needed to adapt their business models accordingly to gain a competitive edge. SaaS companies are no exception.

Data Analytics 246

Data Analytics Data Analytics Customer Experience Customer Experience 246

Dataversity

MAY 1, 2023

Many have documented their most critical business processes. Many have modeled their data domains and key attributes. Many organizations have mapped out the systems and applications of their data landscape. But only very few have succeeded in connecting the knowledge of these three efforts.

Data Management 244

Data Management Documentation Data Modelling Data Quality 244

Smart Data Collective

MARCH 23, 2022

You can usually tell by comparing the success of their business models. There are numerous payment gateways on the market that can offer better payment solutions to your business. Establish whether your current provider fulfills all your business needs. Every second the system is down, is a loss for your business.

Planning 288

Planning Artificial Intelligence Finance 288

Analysts Corner

OCTOBER 31, 2023

For example: Governmental : aiming for integrated control of business and citizen taxes. Commercial : Customer Relationship Management (CRM) systems that integrate customer data and preferences to identify greater business opportunities in personalized campaigns and actions.

Artificial Intelligence 246

Artificial Intelligence Monitoring Healthcare Banking 246

Smart Data Collective

DECEMBER 19, 2021

The rise of machine learning and the use of Artificial Intelligence gradually increases the requirement of data processing. That’s because the machine learning projects go through and process a lot of data, and that data should come in the specified format to make it easier for the AI to catch and process.

Data Mining 337

Data Mining Banking Artificial Intelligence Data Modelling 337

Timo Elliott

DECEMBER 14, 2023

Generative AI can help turn data garbage into business gold. Large language models are very good at dealing with some types of messy data. I ran the recording through OpenAI’s open-source transcription algorithm Whisper , using the slowest and most sophisticated model available.

Documentation 162

Documentation Data Quality 162

Analysts Corner

SEPTEMBER 28, 2023

yours, Igor [link] BA Skills & Processes 1) Turn guesses into estimates with Wideband Delphi by Karl Wiegers Most software professionals must provide estimates for their work, but few of us are skillful estimators. A process model helps with visualising the problem area or defining the future state.

Enterprise Architecture 130

Enterprise Architecture Artificial Intelligence Logistics Process Modelling 130

BA Times

FEBRUARY 16, 2022

Thanks to infrastructure as a service (IaaS) and software as a service (SaaS) architectures, the utility of and business case for model-driven, no-code, and low-code platforms have become more compelling than ever.

Process Modelling 194

Process Modelling Digital Transformation Business Process Management Digital 194

Smart Data Collective

AUGUST 30, 2022

Cloud computing has found its way into many business scenarios and is a relatively new concept for businesses. Here’s how enterprises use cloud technologies to achieve a competitive advantage in their essential business applications. Cloud technology helps companies recover business processes in a natural disaster.

Cloud Computing 333

Cloud Computing Data Mining Real-time Data Big Data 333

BA Times

APRIL 19, 2023

A conceptual data model is an integral part of the analysis process, it allows the analyst […] The post Agile Requirements Management Part 3 – A Collaborative Data Model appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

Data Modelling 180

Data Modelling Agile Data Requirement Business Analysis 180

BA Times

JULY 14, 2022

Process: “a series of actions or events performed to make something or achieve a particular result, or a series of changes that happen naturally” Source: Cambridge Dictionary When used correctly, process modelling is an invaluable activity, and along with process maps can be a powerful way of communicating of what is happening or should happen.

Process Modelling 232

Process Modelling Business Analysis Business Analysis Agile 232

Timo Elliott

JANUARY 6, 2022

In a previous blog , I explored the value of dark data and how it can reveal insights that can streamline processes, improve customer experiences, generate more revenue – and maybe even help make the world a better place. It might be stored away in a forgotten silo – a byproduct of another process. Business process intelligence.

Chief Data Officer 333

Chief Data Officer Embedded Analytics Data Governance Data Warehouse 333

Simplilearn

JULY 14, 2022

Digital transformation lets business leaders make innovative use of data and technology to build value from new opportunities, create new products and business models that address underserved markets, and overhaul business processes for more impact and reach new customers. Read More.

Digital Transformation 246

Digital Transformation Digital Innovation 246

Simplilearn

FEBRUARY 22, 2021

Today, COBIT is used globally by all IT business process managers to equip them with a model to deliver value to the organization, and practice better risk management practices associated with the IT processes. The COBIT control model guarantees the integrity of the information system. What is COBIT?

Business Process Management 264

Business Process Management 264

Smart Data Collective

JUNE 16, 2022

Analytics is becoming more important than ever in the world of business. Over 70% of global businesses use some form of analytics. They are using analytics to help drive business growth. While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. is at the doorstep.

Portfolio Management 304

Portfolio Management Supply Chain Predictive Analytics Business Analysis 304

Simplilearn

SEPTEMBER 12, 2022

However, businesses must develop a process that helps push their ML models into production and deployment while ensuring quality and consistent monitoring. Read More.

Monitoring 246

Monitoring 246

Smart Data Collective

MARCH 19, 2023

Paul Glen of IBM’s Business Analytics wrote an article titled “ The Role of Predictive Analytics in the Dropshipping Industry.” You can start dropshipping as a part-time business at any age and organize a successful business that can include other business models.

Predictive Analytics 320

Predictive Analytics IBM cost IBM Support Banking 320

Smart Data Collective

JANUARY 19, 2023

With DevOps on the cloud, businesses can take advantage of faster, more flexible computing environments without having to invest in expensive hardware and software. Additionally, because servers can be scaled up or down as needed in the cloud environment, businesses will only pay for what they need when they need it.

Cloud Computing 282

Cloud Computing Agile Monitoring Innovation 282

Smart Data Collective

SEPTEMBER 13, 2022

The software industry is quite diverse, with solutions that may fulfill practically any potential business requirement, whether it be increased cloud computing capabilities, artificial intelligence-based automation tools, or merchant processing choices. The SaaS business model is gaining acceptance throughout the world.

Artificial Intelligence 255

Artificial Intelligence Cloud Computing Documentation Big Data 255