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Showing posts from March, 2024

Dashboard - Health Record of Business

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Does your business have a health record yet?  Do you know what Meowtech means by a health record? That's right, it's BI - a tool to help you make decisions based on your organization's data.  You could say that BI saves information about your business's health status, similar to updating a patient's health records. Doctors can look at your records to determine where your current health instability lies, what diseases you may be susceptible to in the future, and provide advice to prevent them.  👉BI can do the same for your business's health. And with such advice, BI is a powerful tool to support management in making business strategy decisions.  The benefits of BI include:  Supporting effective control, storage, and use of business data  Assisting in managing budget calculations and preparing summary reports  Supporting forecasting, business analysis, and determining competitive positions  Helping executives easily understand business conditions ...

How is technology changing human resource management?

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THE WAY TECHNOLOGY GRADUALLY CHANGING HUMAN RESOURCE MANAGEMENT Technology and globalization have significantly impacted human resources management (HRM). Technology allows for the streamlining and automation of various HR processes through the use of software and other tools. Let's Meowtech take a closer look at the impact of globalization on business and how technologies have changed the useful way of human resource management.  Technology is freeing up time and resources for HR professionals. Technology is helping HR professionals eliminate paperwork and repetitive management processes such as recruitment, record-keeping, and payroll calculation. Tasks that machines can now perform quickly and accurately. As a result, HR can focus more on strategic tasks, such as finding and attracting talent to the company. AI is creating new recruitment trends. AI helps screen resumes Recently, AI technology has been used to automatically screen resumes. Even interviewing with AI software, us...

Top 10 Best Web Design Trends in 2023

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10 TOP WEBSITE DESIGN TRENDS IN 2023 In 2022, we witnessed the explosion of many new and innovative design trends such as 3D/2D mashup and geometric shapes... In these final days of the year, let's take a look with Meowtech at the super hot website design trends for the new year of 2023! 1. Single-page website design Putting all the information of a business on a single page is a design style that creates curiosity and leaves a good impression. However, not all businesses can apply this style effectively. 2. Augmented reality integrated website design trend Integrating VR technology into website interface is a new trend that helps blur the line between imagination and reality. Especially for service-oriented businesses, a website with VR integration can provide a real and impressive experience for potential customers. 3. Interactive 3D element integrated website design trend Currently, 3D technology has been widely applied and therefore 3D website design is no longer unfamiliar. ...

HOW TO EFFECTIVELY APPLY BI FOR YOUR BUSINESS

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4 WAYS TO EFFECTIVELY APPLY BI FOR YOUR BUSINESS There are data showing that nearly 50% of global businesses use BI tools and this proportion is expected to increase rapidly in the future. 👉So what can BI be applied for? How to apply BI for your business more effective? Let's find out with MeowTech ! 1. Applying BI for smart business operations To sell products, you need to know your customers. To know your customers, you need to conduct research and collect a large amount of data on demographics , repurchase rates, conversion rates , feedback, etc. This process requires a lot of effort and time, especially in the era of increasingly abundant information. Using BI will help you work smarter and much more efficiently. BI can automatically collect and present data in tables and charts without the need for manual manipulation. You just need to look at the synthesized results of BI to analyze and deduce the unspoken insights of customers, find new opportunities in the market, and focu...

How to create Dashboard in Excel from A to Z

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CREATE YOUR OWN DASHBOARD IN EXCEL WITH ONLY 3 STEPS - WHY NOT?😜 Dashboard doesn't have to be complicated. Even on the "national software" Excel, you can create it. Today with MeowTech , let's explore how to create a dashboard in Excel. Step 1: Determine the data source of the Dashboard Once you have the data, all data must be converted to the worksheet format first because we will create the dashboard on Excel. Also, don't forget to check and filter any data errors if any before proceeding. Step 2: Sketch the structure of the Dashboard In this step, imagine the dashboard structure you want to create. Which data do you want to use? What data is not needed? Which chart form is suitable? You can draw a diagram on paper and try to arrange the position of the components to your liking before creating suitable charts. Step 3: Use Excel charts to visualize data After sketching, don't draw the dashboard right on the old worksheet. First, open a new worksheet. This ...

6 HOT DATA TRENDS PREDICTED FOR EARLY 2023

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FORECASTING 6 'EXTREMELY HOT' DATA TRENDS FOR THE EARLY YEAR OF 2023 Data trends are always changing, keeping up with data trends is the concern of every business. 2022 has entered the final months of the year, a year with many fluctuations and many outstanding trends such as diversifying sales channels, diversifying payment methods... What outstanding trends will there be in 2022? Join Meowtech in predicting market trends in 2023! 1. Small & Wide Data will replace Large Data in analytics Research firm Gartner, Inc. predicts that by 2025, 70% of organizations will shift their focus to "small & wide data," providing more analytical context.  Small data is an approach that requires less data but still yields valuable information.  Wide data can analyze and synthesize from multiple sources of data, both structured and unstructured. 2. Self-service analytics is the future of BI  Previously, dashboards were built by IT departments and then used by business depart...

How many parts does business intelligence consist of ?

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4 MAIN COMPONENTS OF BUSINESS INTELLIGENCE Business Intelligence includes which important components? This is a question that Meowtech has received a lot recently. BI, or Business Intelligence, is a tool that helps businesses manage large amounts of data, thereby providing analysis and making quick decisions to improve business revenue. Now, let's see how many important components there are in Business Intelligence! We all know that Data sources are the source of data. So where does BI get its data from? The answer is from advertising platforms such as Facebook, Google, Ad networks, and channels such as Google Analytics, ERP , payment gateway... The data collected from these sources comes in various types and formats, such as sales data and customer behavior information. 2. ETL ETL is a data processing software with three main functions: Extract, Transform, and Load. ETL helps users input data into databases. ETL can be divided into two types: ETL used to process internal data and...

What's the difference between Business Intelligence and Business Analytics?

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Comparison of Business Intelligence and Business Analytics Have you ever wondered about the differences between Business Intelligence (BI) and Business Analytics (BA)? Here is an overview of these two concepts and their significance in the development and management of data in enterprises. Let's look at the similarities and differences between BI and BA with Meowtech ! 1. 📚 Business Intelligence (BI): (What is Business Intelligence?) BI is a process of consolidating data from various sources and transforming it into useful information for business decisions. It focuses on collecting, organizing, and visualizing data to provide managers and senior employees with a comprehensive view of current business performance. The strength of BI lies in its objectivity and comprehensiveness, helping users gain a clear picture of the business operations. 2. 🔍 Business Analytics (BA):  (What is Business Analytics?) BA involves analyzing data to identify patterns, trends, and useful information ...