Why data has become the new oil? Data is the new oil. So, we’re talking data and its new-found power to generate wealth, much like oil has historically done. And data is making its mark across every industry worldwide. But why has data become so important to the economy and
It’s no secret that the majority of construction projects overrun their budget. Indeed, research shows that 98% of building projects in the UK run into budget problems. Cutting costs and saving money is not always an easy task, particularly when you consider that around 70% of the budget is on
Differences Between Business Intelligence and Business Analytics When we talk about Business Intelligence, or BI, it’s not uncommon for people to believe that the tool will present them with a set of analytical data about a project or their business. But here’s where we dispel a myth; Business Intelligence (BI)
Creating Value from Hidden Data Finding value in data isn’t about collecting as much as you can; nor is it about keeping and analysing every bit of data. Wilding gathering data, storing it and giving people access to it is not going to deliver the information you want by itself.