BI BLOG: SYSTEMS AND DATA ANALYTICS

HOW BUSINESS ANALYTICS (BI) WORKS

DATA IN DIFFERENT SYSTEMS

DATA IN DIFFERENT SYSTEMS

UNRELATED REPORTS

UNRELATED REPORTS

UNDERSTANDING DASHBOARDS IN BI

UNDERSTANDING DASHBOARDS IN BI

HOW BUSINESS ANALYTICS (BI) WORKS

Companies accumulate a huge amount of data. But what conclusions can owners and managers draw from scattered hard-to-read numbers?

BI systems create economic benefits, not accumulate data.

You get:

Control and confidence;
Business value growth;
Saving time;
Increased profits and income.

ECONOMIC EFFECTS OF BUSINESS ANALYTICS:

4 MAIN BUSINESS REPORTS IN POWER BI

21 Jan 2022

4 MAIN BUSINESS REPORTS IN POWER BI

The ultimate goal of any business is making profit. And in the times of a crisis it is also minimizing the cash shortages. Let me use the ex ...

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WHY WOULD A CFO NEED A BI SYSTEM?

21 Jan 2022

WHY WOULD A CFO NEED A BI SYSTEM?

Does a financial specialist need it, and what specific tasks does a CFO solve with the aid of interactive reporting? ...

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INTERACTIVE REPORTING: IN-HOUSE OR OUTSOURCE?

21 Jan 2022

INTERACTIVE REPORTING: IN-HOUSE OR OUTSOURCE?

Let’s see if one can implement a BI system for business on their own, and how much time and money it is going to take. ...

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WHY DO I AND MY COMPANY NEED INTERACTIVE REPORTING?

21 Jan 2022

WHY DO I AND MY COMPANY NEED INTERACTIVE REPORTING?

We often have clients who have already heard about the BI system, got interested in it, but don’t know the full details about its advantages ...

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HOW BI SYSTEMS CAN SAVE A BUSINESS DURING THE CRISIS

21 Jan 2022

HOW BI SYSTEMS CAN SAVE A BUSINESS DURING THE CRISIS

The crisis has brought many companies to the edge of subsistence. Cobit Solutions has an instrument that allows for identifying unobvious pr ...

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CONVERSION OF VISITORS INTO CUSTOMERS. HOW BI ANALYTICS ARE USED IN RETAIL.

21 Jan 2022

CONVERSION OF VISITORS INTO CUSTOMERS. HOW BI ANALYTICS ARE USED IN RETAIL.

The struggle of many retail chain managers is their inability to get timely access to statistics on profit margins and revenue for each indi ...

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every entrepreneur knows:

ANALYSIS OF INDICATORS INCREASES PROFITS

ERP VS BI: 5 FUNDAMENTAL DISTINCTIONS

22 Jan 2022

ERP VS BI: 5 FUNDAMENTAL DISTINCTIONS

Is there any point to install a BI system and pay a pretty penny? Why do it when our financial specialists and accountants can do the report ...

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A BI SYSTEM ≠ IT: WHY IS IT SO?

22 Jan 2022

A BI SYSTEM ≠ IT: WHY IS IT SO?

The development of interactive dashboards is sometimes viewed as a purely IT product. This is a misconception. When developing a BI system f ...

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A BI SYSTEM: HOW IS IT IMPLEMENTED?

22 Jan 2022

A BI SYSTEM: HOW IS IT IMPLEMENTED?

How long does it take to develop one? What is the process like? What are the stages of a BI system implementation? First of all, you should ...

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CASE: WHY YOU CAN’T RELY ON GROSS INCOME AS AN INDICATOR

22 Jan 2022

CASE: WHY YOU CAN’T RELY ON GROSS INCOME AS AN INDICATOR

A company’s profit isn’t proportionate to its income. Is this obvious? Not necessarily so. Let me share a story from my experience with a cu ...

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BI IN LOGISTICS: HOW TO FIND A PARCEL?

22 Jan 2022

BI IN LOGISTICS: HOW TO FIND A PARCEL?

One of the clients receives tens of thousands of parcels per month. Some of them get stuck regularly. It is practically impossible to manual ...

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BI IN THE POWER INDUSTRY: WHAT TO CONTROL ON A DAY-TO-DAY BASIS?

21 Jan 2022

BI IN THE POWER INDUSTRY: WHAT TO CONTROL ON A DAY-TO-DAY BASIS?

The subject of fast-tracking the market and whether one’s prices are market-appropriate has turned out to be a burning one for the pow ...

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we know 47 indicators

NECESSARY FOR EVERY BUSINESS

business performance to monitor
Download the free checklist

business performance to monitor

ABOUT THE AUTHOR

ABOUT THE AUTHOR

Hey!

I am Dmitry Chashnik - an expert in data analytics, IT, fintech and everything related to digital business transformation. 16 years in IT.

Absolute self made from system administrator to IT director of the largest media group. He left the corporate sector to create his own business.

I consider one of the best solutions. Now my company COBIT SOLUTIONS employs 15 people, the turnover of our clients is UAH 6 billion. in year.

What are we doing?

ASK THE AUTHOR ABOUT ANALYST

Cobit Solutions

KEY FIGURES OF THE COMPANY

450

dashboards have been made in 2020

78

years of experience in IT among employees

10

person of employees in the company

215K

USD saved by our client within a month after BI project
start