With the analytics boom, businesses are treading the data-driven path. But organizations should realize that not every data is useful- one needs to sift through a huge amount of data to find out the useful ones. Often having a large database doesn't indicate a successful data program, instead it implies a program requiring considerable amount of work. The problem with a large database is that the data does not possess a reasonable degree of accuracy hence making it difficult to make accurate business analysis. Knowing more about the data- what it is and what it represents- will enable companies to filter, categorize and analyze data. Cleaning up data isn't something that can be easily achieved through technology. Data gathering system should be developed keeping in mind what data is being collected and why it is being collected. Read more at: https://channels.theinnovationenterprise.com/articles/your-data-is-garbage

Business intelligence is a strong foundation for any business strategy. In this fast moving world where every small to big enterprises are struggling, it is vital to set up a proper environment for business intelligence application. Cloud based BI is recommended because:  It reduces implementation time as cloud BI is inexpensive software that completely focuses on the core business. Cloud BI saves money, time and energy. Secondly it is very easy to manage the changing requirements according to the number of users. Thirdly it is very simple to use. Fourth reason is faster return on investment can be expected since less is invested in setting up the application. Fifthly it is simple to use as cloud based BI is independent on IT for reporting. Cloud BI also increases flexibility during execution and implementation. Lastly cloud BI serves multiple clients without reducing duplicity of data and ensuring centralization and security of data. Read more at: