Businesses across industries have been analyzing their performance for decades using traditional written reporting formats, but with the amount of data being produced every day, the need for more frequent reporting is growing. Often, companies generate written monthly, quarterly, or yearly reports that serve a number of purposes, but they do not provide the level of detailed insights that businesses require in order to succeed and stay ahead of their competition. This is where interactive weekly reports come into the picture.

Armed with powerful visualizations and real-time data, modern weekly summary reports enable businesses to closely monitor the progress of their strategies to extract relevant insights and optimize their processes to ensure constant growth. 

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Business intelligence has undergone many changes in the last decade. Each year, we hear about buzzwords that enter the community, language, market and drive businesses and companies forward. That’s why we have prepared a list of the most prominent business intelligence buzzwords that will dominate in 2022.

Without further ado, let’s get started.

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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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