Most CEOs would probably say they receive a low return on investment from their business intelligence and analytics. This is because they get the most value from data when the numbers are contextual – when they’re connected to what’s actually happening in their business.
More and more countries are imposing requirements on organisations to provide Standard Audit Files for Tax purposes (SAF-T), including the UK. HMRC requires businesses to keep their records digitally and provide their VAT returns through Making Tax Digital (MTD) functional compatible software as of April 2019. So this seems like an opportune moment to continue my series of blogs about Yellowfin partners by introducing the brilliant 4apps – a business helping tackle the VAT software problem.
The best piece I read this month was about how to build a recommendation engine in R by Data-Mania. It’s a little bit tangential to the BI space but it was interesting to me personally because I’m not a data scientist.
Ethereum and other cryptocurrencies have captured the imagination of technologists, financiers, and economists. Digital currencies are only one application of the underlying blockchain technology. Earlier this year, we made the Bitcoin dataset publicly available for analysis in Google BigQuery. Today we’re making the Ethereum dataset available.
This quote from Niccolò Machiavelli – an Italian politician, historian, and philosopher from the Renaissance period, has profound relevance to emerging technologies.