Business intelligence empowers businesses to get the most out of their data by providing tools to analyze information, streamline operations, track performance, and inform decision-making. In the Microsoft Dynamics ecosystem, Power BI generates easy-to-read visualizations that help stakeholders perform key analysis. But finance professionals can encounter roadblocks when seeking deeper analysis than their technical knowledge of Power BI permits.

GET STARTED In the 21st century, data is the center of every business. Therefore, how companies handle, optimize, and automate their valuable business data is becoming more and more important. To make data storage a bit easier, many companies are moving their big data over to cloud-based data centers.

Today, we are excited to announce the availability of CodeSpot, a searchable repository of ThoughtSpot blocks and code samples to help developers embed engaging analytics experiences into any app for the modern data stack. CodeSpot harnesses the knowledge and experience of ThoughtSpot Everywhere developers, data analysts and engineers, and product experts to build a broad ecosystem of shareable assets to accelerate development projects and benefit our developer community and customers.

Fraud, waste, and abuse (FWA) in government is a constant, multi-billion dollar issue that challenges agency leaders at all levels and across all sectors, from healthcare to education to taxation to Social Security. The scope and scale of public spending—federal outlays alone were approximately $6.6 trillion in fiscal year 2020 according to the Congressional Budget Office—make FWA an inherently difficult problem to solve.

Business intelligence reporting is a valuable weapon in an organization’s competitive arsenal. Here’s everything you need to know about it.

Why turnover among chief data officers is so high and what can be done about it.

Marketing based on the next best action requires effective data handling for success. For Canadian insurer, Beneva, however, silos were standing squarely in the way. With over three million customers and CA$13 billion in assets, Beneva is one of Canada’s largest financial institutions. They had over 75 years of product and customer data, but that data was isolated in various systems, databases, and customer portals.

In the era of big data, an unprecedented amount of data is available to companies to drive growth. Yet up to 73% of companies’ data never get used. What are the bottlenecks to accessing data? And why is there such a wide gap between the data we have in our data lakes and data warehouses and the data we end up using for making business decisions? The smoking gun is in the hands of data democratization.

I recently sat down with CFODive to discuss the importance of modern financial analytics in transforming the way financial leaders and their organizations operate – a topic that is only becoming increasingly prominent. Business strategies have had to rapidly adjust to address market volatility, consumer trends, and unpredictable world events. These dynamics have forced finance teams to rethink how they are using data and analytics and take a more modern approach.