ChristianSteven BI Blog

Netflix, it seems, has the magic formula that has raised the company valuation to over $164 billion. It has passed Disney as the most valued media company on the planet. Some of its additional victories include:

• A 93 percent retention rate compared to Hulu's 64 percent and Amazon Prime's 75 percent
• Having 151 million subscribers
• Making wildly successful original TV shows and movies
• Identifying what their audience wants

So, what's Netflix's secret? The answer is big data and analysis. To be more precise, the secret is how Netflix collects this data and how it implements data analytics models to eke-out customer behavior and buying patterns. The information Netflix harvests is transforming the entire entertainment industry.

Benefits of Using Power BI

KPI’s are essential to any business, small or large, both to cut costs and grow, and track any other quantitative or qualitative measures within the organization. In this article, we discuss what KPIs are, how they came to be, and how your business can use KPIs successfully.

Business intelligence dashboards are an incredible tool for any business to see progress in various areas of the business. Using data analytics software, you can develop a dashboard with key data points, KPI’s and metrics for your business all in one screen.

In this article, we’re going to discuss data analytics software, and the BI dashboard that they can produce.

Amazon, in many ways, has changed the way that we shop forever. It's now possible to sort through hundreds of thousands of items, accompanied by hundreds of thousands of reviews of those items, and find that specific essential you were searching for. Not only that, but it’s also possible to order almost anything online and expect it to arrive at your doorstep within two to three days. Amazon has truly adopted an "everything-under-one-roof" motto, meaning you can rely on Amazon for practically every need, from toilet paper to groceries to new clothing items and accessories. However, with all of these choices, with all of these possibilities at your fingertips, the average consumer can end up feeling overwhelmed. Yet, through data analytics, Amazon has found a way to dominate the online retail space.

If you think that self-service business intelligence tools are here to replace the enterprise business intelligence tools, then you are wrong. These new self-service tools do not replace, but rather supplement, enterprise BI tools. The fact is that managed enterprise BI and self-service tools exist for different reasons. Depending on your organization’s needs, you may want to invest in one or the other or, in some cases, both these tools.