The digital world is in a constant state of evolution, with trends, technologies, and company cultures changing with the passing of every year. 

If you don’t pay attention to the changes or keep up the pace, falling behind the times (and the market) is inevitable. And if that happens, your competitors are likely to leave you in the commercial dust.

The solution? Get to grips with the latest technology buzzwords and understand what they mean in a living, breathing business context.

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Over the past decade, business intelligence has been revolutionized. Data exploded and became big. And just like that, we all gained access to the cloud. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for analysts.

2022 was a particularly major year for the business intelligence industry. The trends we presented last year will continue to play out through 2023. But the BI landscape is evolving and the future of business intelligence is played now, with emerging trends to keep an eye on. In 2023, BI tools and strategies will become increasingly customized. Businesses of all sizes are no longer asking if they need increased access to business intelligence analytics, but what is the best BI solution for their specific needs.

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We read about it everywhere. The term ‘big data’ alone has become something of a buzzword in recent times – and for good reason.

By leveraging the wealth of digital insights available at your fingertips and embracing the power of business intelligence, you can make informed decisions with confidence – the kind that will lead to commercial growth, evolution, and a healthier bottom line.

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Managing to develop an effective product roadmap goes beyond a product manager’s (PM) vision or intuition, even if these aspects matter as well. In an increasingly data-driven business world, the product management field isn’t exempt from this need. Online data analysis tools will help you sharpen your product sense and give more weight and credibility to the decisions you make and submit to stakeholders.

As a PM, collecting information about your product performance, its features, the market adoption, etc., is essential. The right product performance metrics will give you invaluable insights into its health, strength and weaknesses, potential issues or bottlenecks, and let you improve it greatly. In this article, we will go deeper into the definition of product KPIs: what they are, who needs them, and why; then, we will go over the steps to find the best product success metrics; and finally, we will provide some useful examples.

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In your daily operations, it’s likely that you notice your processes and ‘activities’ constantly changing – sales trends and volume, marketing performance metrics, warehouse operational shifts, or inventory management changes, among many others.

All these little alterations in your organizational activities are impacting the global well-being of your company, your warehouse, your restaurant, or even your healthcare facility. Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state.

But with so much information being collected daily from every department, static business reports created manually will not provide your company with the fresh insights it needs to stay competitive. Businesses that want to succeed in today’s crowded market need to leverage the power of their insights in an accessible and efficient way. This is where modern business reports created with interactive data visualizations come to the rescue. 

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