{"id":46566,"date":"2022-07-26T01:43:00","date_gmt":"2022-07-26T05:43:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=46566"},"modified":"2022-07-26T01:43:00","modified_gmt":"2022-07-26T05:43:00","slug":"5-business-analytics-trends-that-shaped-the-start-of-2022","status":"publish","type":"post","link":"https:\/\/blog.cyberconservices.com\/index.php\/2022\/07\/26\/5-business-analytics-trends-that-shaped-the-start-of-2022\/","title":{"rendered":"5 business analytics trends that shaped the start of 2022"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Author&#8217;s note:<\/strong> To be able to review sales margins, detect a decline in gross profit and prompt to your ERP system to increase pricing to offset the loss would be pretty powerful and potentially dangerous.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Insights without actions are irrelevant, so one of the major business analytics trends during the first half of 2022 was an emphasis on enabling data users to easily take what they glean from their analysis and trigger actions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analytics vendors&#8217; platforms have always enabled customers to develop insights.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That&#8217;s essentially the point of business intelligence &#8212;&nbsp;<a href=\"https:\/\/www.techtarget.com\/searchbusinessanalytics\/news\/252495543\/Expert-Agile-data-driven-decision-making-key-to-growth\">use data to inform a decision<\/a>. Until recently, however, once they reached an insight and made a decision, customers had to then go into a different system to act on data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That is now changing with some vendors enabling users to trigger actions directly from their analytics platforms through integrations with operating systems.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But turning insight into action isn&#8217;t the only business analytics trend that shaped the first six months of 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Real-time decision-making and\u00a0<a href=\"https:\/\/www.techtarget.com\/searchbusinessanalytics\/feature\/Top-5-benefits-of-augmented-analytics\">integrating augmented intelligence<\/a>\u00a0and machine learning capabilities in BI platforms continue to evolve. Meanwhile, as more organizations migrate to the cloud, cost governance measures are becoming more important. And finally, organizations are realizing the benefits of using external data to augment their own data as they make critical decisions.  <a href=\"https:\/\/www.google.com\/url?rct=j&amp;sa=t&amp;url=https:\/\/www.techtarget.com\/searchbusinessanalytics\/feature\/5-business-analytics-trends&amp;ct=ga&amp;cd=CAEYACoUMTM1OTExMjU4MjA3MTcyODQ3NTYyGjMxYjVmYmY3MThkMmVmYWM6Y29tOmVuOlVT&amp;usg=AOvVaw20wmMOxcMawcq2C4ud5UXy\">Read On:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Author&#8217;s note: To be able to review sales margins, detect a decline in gross profit and prompt to your ERP system to increase pricing to offset the loss would be pretty powerful and potentially dangerous. Insights without actions are irrelevant, <span class=\"excerpt-dots\">&hellip;<\/span> <a class=\"more-link\" href=\"https:\/\/blog.cyberconservices.com\/index.php\/2022\/07\/26\/5-business-analytics-trends-that-shaped-the-start-of-2022\/\"><span class=\"more-msg\">Continue reading &rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":46567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[75,63],"tags":[195,172],"class_list":["post-46566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analytics","category-bi","tag-analytics","tag-bi"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":46371,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2021\/12\/21\/the-future-of-business-intelligence-six-key-trends\/","url_meta":{"origin":46566,"position":0},"title":"The future of business intelligence: Six key trends","author":"Rick Backus","date":"December 21, 2021","format":false,"excerpt":"By\u00a0Stephen Coull\u00a0 - The future of business is in the cloud, and this is also the way big data is now moving. Nearly all BI elements, including data sources and models, analytics, data storage and computing power, have already moved to the cloud. Businesses need a connected cloud strategy to\u2026","rel":"","context":"In &quot;BI&quot;","block_context":{"text":"BI","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/bi\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31380,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2019\/03\/06\/bi-apps-help-you-paint-a-picture-worth-a-thousand-numbers\/","url_meta":{"origin":46566,"position":1},"title":"BI apps help you paint a picture worth a thousand numbers","author":"Rick Backus","date":"March 6, 2019","format":false,"excerpt":"By\u00a0GLENN REES - Today\u2019s businesses have access to more data than ever, yet much of that information isn\u2019t being put to good use. On average, between 60 per cent and 73 per cent of data in an enterprise goes unused for analytics,\u00a0according to research firm Forrester.\u00a0 In other words, most\u2026","rel":"","context":"In &quot;BI&quot;","block_context":{"text":"BI","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/bi\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.cyberconservices.com\/wp-content\/uploads\/2019\/03\/Zoho-analytics-dashboard.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":77200,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2023\/11\/22\/a-complete-guide-to-enterprise-business-intelligence\/","url_meta":{"origin":46566,"position":2},"title":"A Complete Guide to Enterprise Business Intelligence","author":"Rick Backus","date":"November 22, 2023","format":false,"excerpt":"The evolving landscape of business intelligence offers enterprises endless possibilities to improve decision-making, streamline operations, and gain a comprehensive understanding of their markets, customers, and internal functions. Furthermore, enterprise Business Intelligence tools and strategies are continuously evolving to handle the increasing number and variety of data sources. The incorporation of\u2026","rel":"","context":"In &quot;BI&quot;","block_context":{"text":"BI","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/bi\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/11\/ideas-3064921_1280.png?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/11\/ideas-3064921_1280.png?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/11\/ideas-3064921_1280.png?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/11\/ideas-3064921_1280.png?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/11\/ideas-3064921_1280.png?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":31786,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2019\/07\/31\/executives-are-not-comfortable-with-analytics-platforms-and-still-prefer-their-spreadsheets\/","url_meta":{"origin":46566,"position":3},"title":"Executives are not comfortable with analytics platforms, and still prefer their spreadsheets","author":"Rick Backus","date":"July 31, 2019","format":false,"excerpt":"By\u00a0Joe McKendrick\u00a0 - For close to two decades, vendors, analysts and pundits alike have been predicting the death of the spreadsheet, as executives, managers and professionals move on to connected, intelligent analytics platforms to aid in their decision-making. It's 2019, and guess what? Everyone still loves their spreadsheets.\u00a0 A recent\u00a0study\u00a0of\u2026","rel":"","context":"In &quot;Analytics&quot;","block_context":{"text":"Analytics","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/analytics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.cyberconservices.com\/wp-content\/uploads\/2019\/07\/analytics-3088958__340-1.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":46607,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2022\/08\/30\/best-business-intelligence-software-bi-tools-comparison\/","url_meta":{"origin":46566,"position":4},"title":"Best Business Intelligence Software | BI Tools Comparison","author":"Rick Backus","date":"August 30, 2022","format":false,"excerpt":"Business intelligence (BI) and\u00a0data analytics\u00a0tools pull disparate data sources into a single platform for enterprise data and BI teams to glean comprehensive insights from their organization\u2019s information. These software solutions make it easier to visualize trends in customer purchases, failed business operations, or company\u00a0cybersecurity. Enterprises should consider which data analytics\u2026","rel":"","context":"In &quot;BI&quot;","block_context":{"text":"BI","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/bi\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77364,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2024\/04\/10\/enhance-business-growth-through-data-analytics\/","url_meta":{"origin":46566,"position":5},"title":"Enhance Business Growth Through Data Analytics","author":"Rick Backus","date":"April 10, 2024","format":false,"excerpt":"Photo by Freepik By Skyler Baker - In today's dynamic business landscape, leveraging data analytics has become imperative for organizations aiming to thrive and excel. By harnessing the insights derived from data analytics, businesses can make informed decisions, optimize operations, and drive growth. In this article, courtesy of Cybercon Services,\u2026","rel":"","context":"In &quot;Analytics&quot;","block_context":{"text":"Analytics","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/analytics\/"},"img":{"alt_text":"People at a laptop","src":"https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2024\/04\/business-people-working-laptop-meeting-300x185.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/46566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/comments?post=46566"}],"version-history":[{"count":0,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/46566\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/media?parent=46566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/categories?post=46566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/tags?post=46566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}