Organizations invest huge sums of money on new projects. It is important for organizations to ensure that these investments are safe and will result in good returns and benefits for the organizations. Hence there is a need for analyse all new project opportunities to justify the decisions for making the needed monetary investments. An...

The benefits of a data warehouse include improved data analytics, greater revenue and the ability to compete more strategically in the marketplace. By efficiently feeding standardized, contextual data to an organization’s business intelligence software, a data warehouse drives a more effective data strategy.To gain these benefits, data...

Corporate social responsibility (CSR) is a type of business self-regulation with the aim of being socially accountable. There is no one "right" way companies can practice CSR; many corporate CSR initiatives strive to positively contribute to the public, the economy or the environment. In today's socially conscious environment, employees and...

There are many ways to measure financial performance, but all measures should be taken in aggregate. Line items, such as revenue from operations, operating income, or cash flow from operations can be used, as well as total unit sales. Furthermore, the analyst or investor may wish to look deeper into financial statements and seek out margin growth...

SAP HCM is one of the main modules of SAP which plays an important role in the creation of organized management in companies. SAP HCM consultants are among the most requested professionals in the global market. It is advisable to have an overview of the basics of SAP, SAP Net Weaver, and SAP solution manager before starting with the SAP HCM...

As already defined earlier in this article, Insights-as-a-service refers to cloud-based services that not only provide insights to business corporations but also concrete steps to leverage the insights to achieve business goals. Insights-as-a-service is fundamentally different from other SaaS offerings in the sense that other SaaS offerings offer...

Data analysis is all about analyzing the past and present data to predict the issues in future. Organizations are using Data Mining and Statistics to make this data-driven decision which is a core part of Data Science.  Data Mining It is the process of extracting previously unknown, comprehensible and actionable information from large...

Quick Guide To R Programming Language For Business Analytics What Is ‘R’ All About? Business Analytics With R or commonly known as ‘R Programming Language’ is an open-source programming language and a software environment designed by and for statisticians. It is basically used for statistical computations and high-end graphics....

8 Deadly Wastes: Lean thinking aims to remove wastes from work processes. Before diving into the 8 wastes, it is important to understand what waste is. Waste is any action or step in a process that does not add value to the customer. In other words, waste is any process that the customer does not want to pay for. The original seven wastes...

Market structures provide a starting point for assessing economic environments in business. An understanding of how companies and markets work allows business professionals and leaders to accurately judge industry and market news, policy changes and legislation and how the economy shapes important decisions. [contact-form-7 id="76417"...