August 2018 – Dyntell Bi

How will we feed 9.6 billion people?

How will we feed 9.6 billion people? Increasing agricultural yield with BI With the UN predicting our world’s population to topple 9.6 billion in just over thirty years, the question of feeding our planet has become more urgent than ever. Climate change, continuous building and infrastructure growth have shrunk our allotment of arable land. Further, the USDA tells us that our food productivity growth is declining. For instance, grains and oilseeds growth dropped from 2.4% from 1970-1990 to 1.6% annually between 1990 and 2010, and this rate is predicted to be at 1.5% by 2021. How will we produce enough food to meet this voracious demand? Many experts are now pointing to the dual approaches of the IoT (internet of things) and advanced…

Case Study

Less Work, More Money: Risk Mitigation with Streamlined Supply Chain Management

Your business creates a product — but your job is not just manufacturing. The parts that make up this product have to be acquired, stored, transported, assembled, and shipped to where they’re needed on time and within budget. You must be exhausted. And it’s not like you can ignore your supply chain and time-to-market strategies and hope for the best. After all, according to Deloitte, 79 percent of companies with high-performing supply chains achieve more revenue than their average competitors. In fact, the Logistics Bureau asserts that the supply chain is the least understood area of strategic business, generating up to 90 percent of overall business costs! If you’re looking for one area to focus your efforts at improving your business, supply chain management is…

Case Study

Your Customer Feedback is Gold. Mine it.

How many times have you been in a meeting and, in one form or another, gone back to the question: what do our customers really want? For a lot of businesses, this question is rhetorical — we think we know what our customers want, and so we tell them what we think they want to hear. But in the digital age, we don’t even have to ask anymore. Your customers are telling you what they want, and what they don’t want, all the time. If you track their conversions, movement through a site, returns, and even online feedback, you can see this data materialize. But this is a double-edged sword. Too much feedback can be overwhelming, or even outright confusing. Learning how to make the…

General Business

Your Data Is Valuable. Keep It Safe.

Every person in your organization can make use of data, but so can outsiders. That’s why it’s important to always stay one step ahead of hackers by investing in a reliable Business Intelligence (BI) software. Keeping your customers’ and businesses’ information secure is of the utmost importance, so as you work to analyze and democratize your data, here are some things to keep in mind. Protect Your Datasets Your datasets probably house some very sensitive information. Whether they’re confidential personnel records, patient health information or important internal financials, getting them into the wrong hands can spell disaster. Sophisticated BI systems like Dyntell Bi allow you to control what specific pieces of data individual users can access with permission management. That way, you can ease new…

General Business

The Power of Predictive Analysis: No Guesswork, Just Results

Your business is already full of data — and by taking the time to bring it all together in one place, you’re already taking big steps toward a more streamlined workflow and better customer service. In fact, many of the world’s major industries, from agriculture and oil production to retail and sales teams are using data science to increase profit margins. And while many organizations try and create their own systems for compiling this information in spreadsheets and outdated programs, it has never been easier or more cost-effective to make the switch to business intelligence software, which goes beyond helping you make more informed decisions and actually uses your data to predict the future. And no, we’re not claiming that these programs are psychic, but…

General Business

Machine Learning: Uncover the Secrets to Your Own Success

You have to spend money to make money, as the adage goes. But are you sure that you’re spending money on the right things? Or in the right places? Most of the time, marketing and sales professionals make decisions like this based on instinct and experience which, while valuable, can lead to human error. And even with all the data available with marketing tools, from click and bounce rates to page view statistics and trial campaigns, using this information to determine which channels are bringing in money, which aren’t, and in what ways is complex at best and impossible to tell at worst. It doesn’t have to be, though. Not with business intelligence software’s reporting and machine learning capabilities. A subset of artificial intelligence, machine…

General Business

Advanced Analytics: How the Future of Data Can Help Your Business Today

You already know that data can be helpful to your business (At least we hope so, otherwise how did you get to this page?). But too much data, or data with no context, can be a detriment to your organization’s success. So, how do you make the most of data without having to hire new staff to organize it for you? The answer lies in advanced analytics with business intelligence software. Advanced analytics is the business-savvy way of talking about software that contextualizes your data and helps you discover new insights in real time. As in, instead of seeing a bunch of numbers on a spreadsheet, you’ll see a helpful graph or informative chart that anyone within your organization can refer to and use to…

Sales

The 5 Best Charts for Every Sales Manager

A lot of the hype surrounding data analysis with Business Intelligence (BI) software focuses on how useful it is for marketing teams, but these tools are actually invaluable for sales professionals, too. Data visualizations can be informative, guiding, and even motivational to a sales team when used effectively. Here are five examples of charts that every sales manager should be using to empower their team. Top Performers Every sales team can use a little competition, right? In fact, research conducted by the Harvard Business Review shows that public accountability, when done right, can motivate low performers. A simple line chart or bar graph indicating sales figures for the week, month, quarter, or year by individual salesperson can be a great way to foster a competitive…

General Business

What is “Big Data,” Anyway?

You want your business to succeed, and you’ve heard a lot about how Big Data can help with that. But for many, the meaning of this term and its application to growing a business can be a bit unclear. We’ll break down Big Data so you can leverage it for productive, data-driven decision making. The first thing you need to understand when it comes to Big Data is that it’s a constantly changing concept. Thanks to continually evolving technologies, advancements in data science, and the growing interconnectivity of Internet-based devices, the power and purpose of Big Data is always in flux. At its core, Big Data is concerned with the trail of digital information we leave every time we go online. Every link we click,…

General Business

3 Data Analytics Visualizations That Will Change How You Do Business

No matter what your job entails, we know you’re busy — which means the last thing you need is to spend extra time in your day sorting through complex data in order to make the crucial decisions that keep your organization running smoothly. However, those mountains of data don’t have to be overwhelming. Thanks to the analytics features in Business Intelligence (BI) software, you can transform your organization’s valuable information into simple visualizations that tell powerful stories. And while every business needs different things from their data, here are three examples of visualizations that can have a tremendous impact on both your productivity and your bottom line. 1: Key Performance Indicators Let’s start out simple. Almost every decision you make for your business revolves around…

Monthly Archives: August 2018

How will we feed 9.6 billion people?

Less Work, More Money: Risk Mitigation with Streamlined Supply Chain Management

Your Customer Feedback is Gold. Mine it.

Your Data Is Valuable. Keep It Safe.

The Power of Predictive Analysis: No Guesswork, Just Results

Machine Learning: Uncover the Secrets to Your Own Success

Advanced Analytics: How the Future of Data Can Help Your Business Today

The 5 Best Charts for Every Sales Manager

What is “Big Data,” Anyway?

3 Data Analytics Visualizations That Will Change How You Do Business

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