What business intelligence can do for SME growth and profitability.

Businesses big and small can benefit from analyzing their business data to help them make informed decisions to drive growth and profitability. However, many small and medium enterprises are often hesitant to use business intelligence (BI) solutions, thinking that they’re “just a small company” with no real need and no budget for BI tools.

SME entrepreneurs need not worry because there are many inexpensive and even free BI software alternatives that they can use. Let’s discuss just what BI can do for businesses and show just how business intelligence tools can help SMEs grow, no matter how small they start out to be.

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Augmented Analytics: The Future of Business Intelligence.

The ever-increasing amount of data makes data analytics and an important constituent of business development. To beat the competition in business, you need to stay abreast with the changes in business analytics. The term “smart data discovery” was introduced formally in 2017 and is reigning as a powerful differentiator across industries.

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Why a record $4 trillion in corporate debt isn’t scary.

The ability of U.S. corporations, who have about $4 trillion in debt maturing over the next five years, to deal with higher interest rates isn’t as alarming as the headline may appear.

Sean Darby, chief global equity strategist at Jefferies, asserts that U.S. companies’ ability to cover payments remains healthy thanks to “decent cash flow and corporations’ pricing power.”

“The U.S. [companies] generate decent forward free cash flow although admittedly it is close to historic lows…and enough to create a comfortable buffer over U.S. Treasurys,” Darby wrote.

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Don’t Study the Competition. Study Winners in Other Industries.

You shouldn’t pay any attention to your competition. I don’t. I work with entrepreneurs who are generating seven, eight and even nine figures with their businesses and none of them focus on the competition either. They are aware of the competition, but they aren’t worried about trying to beat them. In fact, a lot of them will help out their smaller competitors because they are so confident in their own growth.

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Bitcoin rally faces key test as digital currency nears $10,000

After a fruitful four weeks for owners of digital currencies, which has seen the total value of all coins climb 72% to $460 billion, one analyst suggested owners take stock as the No. 1 digital currency enters a crucial level.

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If you’re inundated with data and considering whether you need business intelligence, this article could help. Many businesses soldier on with inadequate tools because they’re not sure how or why business intelligence solutions deliver value.

We’ll look at the ways BI can help your business — and when it’s time for you to implement a BI solution.

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The Importance of Business Intelligence in Your Organization

Business Intelligence is a concept that typically involves the delivery and integration of relevant and useful business information in an organization. As such, companies use business intelligence to detect significant events and identify/monitor business trends in order to adapt quickly to their changing environment or scenario.

“If you use effective business intelligence training in your organization, you can improve the decision making processes at all levels of management and improve your tactical and strategic management processes.”

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Reasons for Business Budgets

Without a budget, the business owner is literally shooting in the dark when it comes to trying to create an action plan for a company. A solid budget identifies current available capital, estimates expenditures and anticipates revenues.

“Businesses should continually refer to them as a way of measuring performance against expectations.”

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How to Bridge the Funding Gap for Scientific Breakthroughs

Facing a dearth of funding because life sciences investors don’t understand your medical project? Your plight has a name: the “valley of death.”

 We stand on the brink of the age of personalized medicine, when such things as bespoke cancer treatments may well become commonplace. Yet, there is a disconnect between researchers undertaking vital research and venture capitalists with the money to commercialize their science.

“All venture capitalists likely agree that curing cancer is a great idea; however, even sophisticated life sciences investors lack the scientific knowledge to assess which novel candidates are most likely to succeed medically or commercially.”

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Noble Investment Group Acquires 1,396-Room Marriott Hotel Portfolio from Ashford Hospitality Trust

Noble Investment Group (“Noble“) today announced that it has closed on the acquisition of a 1,396-room portfolio of Marriott branded select-service and extended stay hotels from Ashford Hospitality Trust (NYSE:AHT).Soybeans climbed to their highest levels in almost two years on Friday after the U.S. Department of Agriculture cut its estimates on year-end domestic stocks and raised consumption expectations for the commodity.The little former penny stock that could did it again Tuesday as shares of tiny Helios and Matheson Analytics Inc. saw the largest volume day in the stock’s history.

 

“Noble intends to make experience enhancing product investments throughout the portfolio to further augment revenue and market position.”

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