ChristianSteven BI Blog

The Internet of Things (IoT) is a hot topic of conversation, but there are a lot of people who do not understand exactly what it is and how it impacts them.  Today, we discuss just what IoT entails, in a simplified, easily understood version.

Big data creates lots of interesting challenges for businesses and developers, but it’s an essential part of today’s economy. Big data’s role goes beyond that, however. It also plays a key role in today’s social activities. Its influence and use in the health industry continue to grow. Big data is the man behind the curtain for today’s digital magic. It impacts almost all parts of life, and it’s essentially impossible for businesses or individuals to accomplish daily tasks without it. Big data is an information technology revolution that affects daily life around the world. Although its uses are only limited by human imagination, here are three of its most influential roles in today’s society.

Dan is living the life that most of us only dream about: With very little effort and zero marketing, Dan has found a way to parlay his love for music into a moderately profitable web business. He uses a database to keep track of his 30,000-plus inventory of record albums, but he captures limited information and doesn't tie the database to sales transactions.

The holidays are right around the corner and if you have not begun your marketing strategy, you don’t have a second to waste.  Consumers are climbing out of the election doldrums and preparing to hit the sales.  According to the National Retail Federation (NRF), 58% of consumers plan to buy for themselves, spending an average of $139.61, up 4 percent from last year’s $133.74 and marking the second-highest level of personal spending in the survey’s 13-year history.  Consumers say they will spend $588.90 on gifts for others and $207.07 for items such as food, decorations, flowers and greeting cards this year.

Business intelligence continues to advance the technology of every industry. This year, we saw advanced analytics become more sophisticated and cloud data, as well as cloud analytics, evolve into a critical tool for organizations to rely on. What can we expect from business intelligence in 2017?