Decision intelligence: The new BI

Business intelligence (BI) platforms are evolving. By adding artificial intelligence and machine learning, companies are transforming data dashboards and business analytics into more comprehensive decision support platforms. This movement toward “decision intelligence” sees its sophisticated mix of tools increasingly embedded into enterprise workflows, when and where decision-makers need them most.

“Decision intelligence is the ability of the enterprise to process large amounts of data to make decisions,” says Nicole France, analyst at Constellation Research. “It’s the same thing that business intelligence was going to do, but accessible throughout the enterprise.”

Some of the most visible examples of decision intelligence in action are recommendation engines, which use analytics to predict which products consumers would find most appropriate, or which movies they should watch next. Tools such as these provide context and pertinent options to help people make better decisions, France says, adding that the dashboards and analytics of traditional BI tools

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They started as large-eyed dreamers … Read More

Turkey’s GDP growth ‘praiseworthy’: Business world

ISTANBUL

Members of Turkey’s business community hailed the country’s economic performance based on its gross domestic product (GDP) growth rate last year according to data released Monday by the country’s statistical authority. 

Turkey’s economy expanded 1.8% year-on-year in 2020 despite the economic fallout from the coronavirus pandemic, said the Turkish Statistical Institute (TurkStat).

The country’s GDP at current prices stood at 5.1 trillion Turkish liras (some $717.1 billion) last year, said TurkStat.

In the last quarter of 2020, the economy posted an annual growth rate of 5.9%.

Turkey and China were the only countries that registered a positive growth rate among all G20 countries for which data are available, while the rest saw a shrinkage during the same period.

Abdurrahman Kaan, president of the Independent Business Industrialists’ and Businessmen’s Association (MUSIAD), said Turkey’s GDP growth rate of 1.8% is praiseworthy.

He stressed that the world faced unprecedented uncertainty in 2020

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Honoring Carson City women business owners on International Women’s Day

International Women’s Day is Monday, March 8, and this day represents a great time to recognize the important role of women-owned businesses in Carson City. From tech to fashion to healthcare and manufacturing, there are women-owned firms spanning almost every industry in our nation.
Despite their successes, Northern Nevada women entrepreneurs can face the same challenges as all business owners when it comes to obtaining funding for their businesses. This is especially true for new business owners who are just starting out and may have limited business credit history. There are, however, more small business funding options today than ever, and it pays to be familiar with each one.
Here are five types of funding to explore when starting, running and growing a small business.
SBA Loans and Resources: Whether you’re launching a new business or growing an

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