What is Business Intelligence ?

https://www.youtube.com/watch?v=RCiL9zScsy0&feature=youtu.be Companies need to translate data into information to plan for future business strategies. For most companies, valuable data is stored in massive spreadsheets or servers. Ideally, this data should provide you with information on sales trends, consumer behavior and resources allocation. Company data can indicate the viability of your product and help in the … Continue reading What is Business Intelligence ?

The Pareto Principle

https://youtu.be/f9gZPLRGSU8 Pareto Principle Pareto principle or 80/20 law or law of vital few , states that 80% of the conseuences are caused by 20% of the causes . The Pareto principle is discovered hundread years ago by the italien economist and sociologist Vilfredo Pareto . It was back then only in observation related to land … Continue reading The Pareto Principle