Building reports and dashboards that can deal with multiple currencies is vital for business intelligence applications that handle complex reporting requirements of the global market. Currency exchange rates fluctuate daily and can have a significant impact on financial analysis for any business.
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As part of the journey to become an insights-driven business, enterprises need to modernize their BI technologies and architectures. In our recent webinar, How the Cloud will shape the future of Enterprise BI, our guest speaker, Boris Evelson, Vice President and Principal Analyst at Forrester Research, shared some key trends that show how enterprises are leveraging the Cloud to stay ahead of the competition. If you didn’t get a chance to tune in, you could view the recording here.
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Being an early adopter of new technologies that serve business, Verizon started its Big Data analytics journey very early and is doing exciting things with its data since then. As their business grew, they developed innovative solutions to cater to the growing analytical needs of their business users. At a recent session at Strata Data Conference in San Francisco, Syed Latheef, Head of Analytics at Verizon, spoke on how they utilize Kyvos as a next-generation analytical platform that delivers real-time AI, ML, and BI.
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The ability to pull actionable insights from data determines the success of an organization in a rapidly evolving business landscape. As per a recent Forrester report, organizations who want to become customer-obsessed must make a significant shift from being data-driven to becoming insights driven. With 80% of global data and analytics technology decision makers reporting that they’ve already deployed or are planning to deploy or upgrade basic BI components, the adoption of BI platforms, tools, and solutions is expected to rise. As organizations compete on data and insights, it becomes necessary to evaluate new technologies and processes that help in building a truly-insights driven organization.
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