To keep you up to date with information and musings.
Exchange Rates and Power BI – May 2021
This week, we at 1-Answer Analytics began discussions with a large attraction company that has multiple attractions in multiple countries generating revenue in multiple currencies. We were able to highlight one of the features of Power BI is the ability to convert currencies, with proper formatting, seamlessly showing a visualization that adapts to whichever currency they choose. For a company that generates millions of dollars in revenue and expenses, having a single pane of glass that shows all financials in one currency is a huge time saver.
If you have a business with branches in several countries, this is a very helpful tool. For example, if your company owned 50 McDonalds located in 12 different countries, a single dashboard that could show daily sales reports all converted to one currency.
Seven Tips for Hiring a Business Intelligence Consultant – April 2021
As a business owner or manager, you have decided you need to get a better grasp on all your data. You know there are ways to understand and act up the data you receive, but it is all too much and too hard to decipher. You need help.
You can have your staff receive training, and wait on the results, or you can hire a highly trained consultant in Data Analytics, or Data Management, or Power BI, or Azure, or Tableau or something else in Business Intelligence. How best to find a consultant who can quickly and efficiently give you the information from your data that will empower you to act effectively for your business. Here are SEVEN Tips for you to consider when hiring a BI Consultant…
How Can Data Analytics Increase Your Sales? All businesses want to increase their sales, that is why we have Sales Managers to manage and coach our Sales Representatives (Salespeople, Account Executives, Business Development, etc). Previously, Sales Managers would train/coach/mentor their Representatives to increase company sales. But where is best to allocate your time and resources?…
Seven Keys For Building a Better Power BI Dashboard – February 2021
You are designing Power BI dashboards for your company. Here are some ideas to keep in mind –
1 – Get feedback from the user(s) of the dashboard.
It can be so frustrating when you create something that you think is beautiful and provides all the information a person could want, only to get a lackadaisical ….
A Brief History of Business Intelligence – December 2020
Today many data analysts and business leaders use the abbreviation BI to represent Business Intelligence. But what is its origins? It goes back to the 1700s with an interesting history…