March, 2023

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Is Data the Achilles Heel of AI?

Dataversity

As Benjamin Franklin once said, “Nothing is certain except death and taxes.” Add this 21st-century irrefutable fact: The world can’t live without data. With its numbers, characters, facts, and statistics – the operations performed, stored, and analyzed – data has become an irreplaceable facet of daily life. We use data to identify strengths and weaknesses.

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Embedded BI Tools Bring Huge Benefits to Business Applications

Smart Data Collective

Business intelligence has made a huge mark on the world of business. According to Fortune Business Insights, businesses spent around $24.05 billion BI solutions in 2021. However, many workplaces are still trying to figure out how to leverage business intelligence effectively. This technology offers many potential benefits, but many companies don’t fully take advantage of the opportunities it provides.

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Prioritizing Requirements: An Analogy

BA Times

I work with “business sponsors” in my company. Some of them are old hands at going through the process of requesting a new application, or a rewrite, or enhancing an existing application. Others, though, may never have been involved in requesting software, whether it’s a custom-built application, or something offered by a third party vendor. […] The post Prioritizing Requirements: An Analogy appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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Data Observability vs. Monitoring vs. Testing

Dataversity

Companies are spending a lot of money on data and analytics capabilities, creating more and more data products for people inside and outside the company. These products rely on a tangle of data pipelines, each a choreography of software executions transporting data from one place to another. As these pipelines become more complex, it’s important […] The post Data Observability vs.

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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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Top Five AI-Driven Digital Marketing Tools in 2023

Smart Data Collective

We have seen some massive changes with AI technology in the past year, especially in the field of marketing. While we have talked about advances in AI for years on this blog, the rest of the world is finally coming to grips with the extent of the AI revolution. This past week, a growing number of people have talked about the changes that ChatGPT 4 is brining to our lives.

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Do You Consider “Opportunity Cost” In Your Analysis?

BA Times

I’m a fan of live music, and I particularly enjoy music festivals. If you’ve never been to a music festival, you’re missing out. They usually involve multiple days of listening to music, dancing and having fun. There’s often multiple stages so one challenge is deciding which bands to listen to. I was reminded of this […] The post Do You Consider “Opportunity Cost” In Your Analysis?

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Companies Must Develop New Data Muscles to Pivot to Profitable Growth

Dataversity

As the economic environment becomes more somber, companies are focusing on achieving profitable growth and not just growth. Data-driven decisions can accelerate this goal, but organizations must develop new data muscles to get them there. The last few months have been a whirlwind for the business world: slowing growth, bleaker capital markets, layoffs, the possibility […] The post Companies Must Develop New Data Muscles to Pivot to Profitable Growth appeared first on DATAVERSITY.

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Business Analysis Amalgamation with Product Management

BA Times

In today’s fast-paced business environment, organizations constantly seek ways to improve their processes, products, and services. Business Analysis and Product Management are two key areas essential to achieving these goals. Traditionally, these functions have been viewed as separate disciplines, with Business Analysts focusing on identifying and analyzing business requirements, while Product Managers focus on the […] The post Business Analysis Amalgamation with Product Management a

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Marketers Use AI to Take Advantage of 3D Rendering

Smart Data Collective

AI has been a highly useful technology for marketers over the past few years. However, new advances in AI continue to make drive new changes in the marketing profession. As a result, analysts anticipate that the market size for AI technology in the marketing sector will be worth nearly $108 billion by 2028. One of the ways that AI technology is shaping the marketing profession is with advances in 3D rendering.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Qualify to Become a Business Analyst with IIT Roorkee | Simplilearn webinar starts 23-03-2023 15:30

Simplilearn

If you’re planning your career in business analytics, this webinar will help guide your path. See how the program from IIT Roorkee presents the courses that will get you the skills you’ll need for advanced job roles in business analytics for strategic decision making. And just for attending this session, you’ll earn an enrollment bonus! Get. Read More.

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Good Practice: Use Security Groups in Role Mapping Instead of User Accounts in Power BI Row Level Security (RLS)

BI Insight

Row-level security (RLS) is a feature of Power BI that allows you to restrict data access for different users based on filters you define within roles. For example, you can create a role for Sales Managers and apply a filter that only shows them the sales data for their region. This way, you can ensure … Continue reading Good Practice: Use Security Groups in Role Mapping Instead of User Accounts in Power BI Row Level Security (RLS) The post Good Practice: Use Security Groups in Role Mappin

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Cost-benefit analysis

Passionate BA

What is the cost-benefit analysis? Hello there! Word of the day – cost-benefit analysis. BABOK® v3 defines it as “an analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained.” For the IT business analyst role, one of the most critical tasks is to evaluate potential solutions and make informed decisions.

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Save Money with Storage-as-a-Service During Uncertain Economic Times

Dataversity

Amid the economic uncertainty that has gripped 2023, IT leaders are scrambling to find ways to reduce costs. Enterprise storage is one of those areas that the IT team can look at for substantial cost savings without sacrificing availability, reliability, cyber resilience, or application performance. Taking a more strategic approach to your enterprise storage infrastructure will […] The post Save Money with Storage-as-a-Service During Uncertain Economic Times appeared first on DATAVERSITY.

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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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The 6 Most Important Requirements Practices

BA Times

Authors sometimes make things longer and more complicated than necessary. Some readers might feel that I’ve been guilty of this myself. The third edition of my book Software Requirements, co-authored with Joy Beatty, is about 245,000 words long, nearly 640 pages in a rather small font. Maybe that seems like overkill, but to be fair, […] The post The 6 Most Important Requirements Practices appeared first on Business Analyst Articles, Webinars, Templates, Jobs.

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Predictive Analytics Helps New Dropshipping Businesses Thrive

Smart Data Collective

Many different industries are growing due to the proliferation of big data. The dropshipping industry is among them. Paul Glen of IBM’s Business Analytics wrote an article titled “ The Role of Predictive Analytics in the Dropshipping Industry.” Glen shares some very important insights on the benefits of utilizing predictive analytics to optimize a dropshipping commpany.

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Become an Expert in Digital Supply Chain Management with the Purdue University PG Program | Simplilearn webinar starts 29-03-2023 16:30

Simplilearn

Digital supply chain management speeds up procurement, increases inventory transparency, powers advanced distribution networks, and enables analytics for controlling costs and risks. Join us to find out how the Purdue Post Graduate Program in Digital Supply Chain Management helps take your career to new heights. Discover Your Path to Digital Sup. Read More.

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BA Skills?—?Say No to Everything: The Diplomatic Act of Pushing Back

Analysts Corner

As a business analyst, especially on a new project, it can be tempting to take on every request that comes your way in an effort to be… Continue reading on Analyst’s corner »

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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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Article: A Simple Framework for Architectural Decisions

InfoQ Articles

This article describes a framework for making architectural decisions using three building blocks: The company's own Technology Radar; Technology Standards; and Architecture Decision Records (ADRs). The framework clarifies decision-making, team involvement, and information on already made decisions and aligns with the company's needs and culture.

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What Architecture Can Teach Us About Self-Healing Systems

Dataversity

DevOps teams and site reliability engineers (SREs) deal with code daily. Doing so teaches them to scrutinize their world, make astute observations, and draw unexpected connections. After all, although highly logical and mathematical in nature, software development is, at least in part, art form. Unconvinced by that statement? Consider the parallels between history’s most remarkable […] The post What Architecture Can Teach Us About Self-Healing Systems appeared first on DATAVERSITY.

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Delivering Analysis: Working With the System

BA Times

Business analysis is an evolving profession characterized by change. However, not all businesses embrace evolution and change in the same way. This can result in business and delivery practices constraining the use of newer, more agile approaches to business analysis. This article presents some ideas and techniques to help business analysts identify, understand, and work […] The post Delivering Analysis: Working With the System appeared first on Business Analyst Articles, Webinars, Templat

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AI is Driving Huge Changes in Omnichannel Marketing

Smart Data Collective

Artificial intelligence is the latest trend shaping the omnichannel experience for customers in many retail outlets. One of the biggest trends pertains to personalization. The Forbes Research Council wrote an article in October citing research showing that 71% of customers now expect a personalized experience. The article makes the point that AI is key to meeting that expectation.

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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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Learn about the Caltech CTME Cloud Computing Bootcamp | Simplilearn webinar starts 13-03-2023 17:30

Simplilearn

Cloud computing offers excellent career opportunities. Learn how to get into this fast-growing field with the Caltech CTME Cloud Computing Bootcamp. Discover Your Path to Cloud Computing Success Find out about the: Career options available to cloud experts Skills, tools, and platforms you’ll need to learn Advantages of learning with a world-l. Read More.

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Leading the way: Key qualities and experiences for effective analytics team leadership

Analysts Corner

In today’s data-driven world, businesses rely on analytics teams to derive valuable insights and drive informed decision-making. Effective leadership is crucial to the success of these teams, as it fosters collaboration, innovation, and growth. In this article, we will explore the essential experiences and qualities someone should possess to successfully lead an analytics team, along with examples and explanations. 1.

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What Exactly is a Product Strategy?

Roman Pichler

Listen to the audio version of this article: [link] What Information Should a Product Strategy Provide? I like to think of the product strategy as a high-level plan that helps you realise your vision and that answers the following four questions: Who is the product for? Who are the users and, if appropriate, who are the customers? Why would people want to use and buy it?

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How Should a CDO Spend Their Time?

Dataversity

Unlike most C-Suite roles that have certain expectations, the chief data officer (CDO) role is still relatively new, which means it often needs to be defined by CDOs themselves. This can be both a good and bad thing: On one hand, you can carve your role and make it unique, but on the other hand, […] The post How Should a CDO Spend Their Time? appeared first on DATAVERSITY.

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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.