Research
How AI is Transforming Business Intelligence
In today’s data-driven world, the role of business intelligence (BI) has become more pertinent than ever. Organisations rely on data to inform strategy, track market trends, and maintain a competitive edge. However, the sheer volume of data can overwhelm traditional BI processes. Manual data collection, analysis, and reporting are not only time-consuming but also prone to human error. Artificial Intelligence (AI) offers...
The Application of AI in Business Intelligence: Enhancing Insights and Efficiency
Artificial intelligence (AI) is redefining how organisations approach business intelligence (BI). Today, professionals need to extract actionable insights from an ever-growing volume of data faster than ever before. AI meets this demand by accelerating tedious data processing tasks, allowing organisations to focus on strategic analysis. Nexis+ AI™ is a prime example of how AI-enabled platforms can revolutionise research...
Will AI Replace Business Intelligence? Exploring the Future of BI with AI
Artificial intelligence (AI) is increasingly integral to business intelligence (BI), sparking the question: Will AI replace business intelligence as we know it? As AI tools become more advanced, they are reshaping how data is analysed and interpreted. LexisNexis explores whether AI will supplant traditional BI practices or act as a powerful extension of them. Solutions like Nexis+ AI™ serve as examples of AI augmenting...
Understanding AI in Business Intelligence: Fundamentals and Benefits
Business Intelligence (BI) is the practice of collecting and analysing data to support informed decision-making within an organisation. BI helps businesses track performance, assess competition, and understand market trends. Traditionally, BI workflows can be fragmented and time-consuming, relying on multiple tools for data collection, analysis, and reporting. Artificial Intelligence (AI) is transforming BI by automating...
The Future of Company Research: Leveraging AI for Comprehensive Analysis
Artificial Intelligence (AI) is rapidly transforming how organisations conduct company research, offering new tools and methodologies that vastly improve the ability to gather, analyse, and utilise data. As businesses strive to remain competitive in an increasingly complex and fast-paced global market, the adoption of AI in company research is not just an advantage but a necessity. By leveraging AI, organisations can...
AI for Business Research: Unlocking New Insights & Opportunities
Artificial Intelligence (AI) is revolutionising business research, transforming how companies gather, analyse, and apply data. As AI technology evolves, its applications in business research become more sophisticated, offering deeper insights and enhancing strategic decision-making. Leveraging AI for business research not only provides a competitive advantage but also streamlines workflows and uncovers opportunities...
Company Research Reimagined: How Nexis+ AI™︎ Turns Your Financial Fact-Finding into Next-Level Insights
In the Future of Work survey we conducted last year, 87% of professionals expressed a willingness to adopt generative AI (genAI). Adoption, however, comes with challenges. Organizations must balance desire for productivity gains promised by genAI with ethical, secure use. Moreover, despite budding enthusiasm for genAI, concerns about hallucination and bias mean organizations need to build trust in genAI outputs. How can...
What’s the Difference Between Tactical Intelligence and Strategic Competitive Intelligence?
As any competitive intelligence researcher knows, it’s crucial to understand both the strategy and tactics to use when conducting company and industry research. However, in today’s ever-evolving business landscape, more than just competitive intelligence professionals employ tools for company and industry research. No matter your role in your organization, if you’re tasked with providing detailed information or research...
Best Practices for Purchasing Competitive Intelligence Tools and Services
4 Factors to Consider Competitive intelligence strategists know that over the past few years, global socioeconomic turbulence has completely upheaved virtually every industry and organization across the planet. With the onset of remote work, the wave of new technologies and their ever-changing risks and regulations, and unpredictable markets, there’s been a massive paradigm shift across the business spectrum. The...
Demystifying Corporate Ownership: Three Essential Tips for Researching Conglomerates
Distinguishing between brand identity and corporate identity can be challenging, as the average retail consumer may not be aware of (or interested in) the corporate ownership of products they use every day, but understanding corporate ownership is crucial for competitive intelligence researchers. Through mergers and acquisitions (M&A), strategic purchases of supply chains, or efforts to dominate a specific category...
The Critical Role of Market Intelligence in Manufacturing
Recent years have shed light on the criticality (and fragility) of the global supply chain, due to the pandemic, geopolitical tensions, and economic repercussions of inflation, to name a few. Maintaining smooth supply chain operations is more complex than ever, as raw material shortages and the growing impacts of climate change are further complicating the landscape. Moreover, the increase in Environmental, Social,...
LexisNexis Announces Commercial Preview Program for Nexis+ AI, Providing Generative AI-Powered Corporate Research and Decision Intelligence
By: iCrowdNewswire Program allows corporations to preview and refine Nexis+ AI’s Gen AI capabilities, which deliver trustworthy results, powerful summarization features and faster time to insights New York, NY – April 23, 2024 – LexisNexis ® Legal & Professional , a leading global provider of information and analytics, today announced the commercial preview of Nexis+ AI , new generative AI-powered capabilities designed...
What Does Embedded Finance Mean for Financial Services?
Anyone who’s used the internet for their own shopping or banking needs has undoubtedly already seen examples of embedded finance (abbreviated as EmFi). And yet, the average consumer would likely have no idea how to define the term “embedded finance.” But EmFi’s growing popularity makes it more than just a simple buzzword or pop-up window, so financial service providers need to be on the forefront of understanding the...
How to Use Big Data Analytics in Finance
The finance industry is up against massive challenges as 2023 shapes up to be a tumultuous year for the market. The closure of Silicon Valley Bank signaled another big fall in trust, and businesses are scrambling to make sure that they’re providing security and safety alongside their normal client services. Now more than ever, it’s critical that companies have trustworthy ways of performing their practices, finding...
3 Helpful Tips on How To Research Newspaper Archives
Billions of internet searches are made every day--but how many are made well? Even experienced researchers can find themselves wasting time on inefficient searches that yield questionable results. The problem? Open web search engines with endless answers. Using open web search engines is second nature for most people, but answering casual questions about a restaurant’s hours is a far cry from doing in-depth professional...
Research, Simplified. Meet Nexis®︎ Hub
Research, Simplified. Thorough, efficient research has never been more important than it is today. More organizations and workers are using data to make critical business decisions and optimize nearly every aspect of their work. Meanwhile, misinformation and “fake news” continue to muddy the waters in journalism and the corporate sector. It makes sense, then, that professionals around the globe are invested in finding...
How to Use Market Analysis, Media Monitoring, and Trend Data for Improved Business Intelligence
In today's climate, saving money, fueling growth, and protecting against risk are imperative goals for financial service organizations. While there are a million and one ways to accomplish any of these, determining your strategy will come down to what's best for your company, clients, and community. This requires knowing your company, industry, and consumer inside and out, which means conducting business intelligence...
Why the Finance Sector Needs to Keep up with ESG and How to Find Your Rankings
As issues around sustainability, human rights and social responsibility continue to dominate headlines, corporations are facing increased pressure to prioritize Environmental, Social and Governance (ESG) in their business strategies. This has been true in the financial sector for years, and ESG initiatives have quickly gone from nice-to-have endeavors that earn goodwill from stockholders and potential investors to table...
ESG Due Diligence is No Longer Optional: Shareholder Activism Accelerates as Major Banks Face Investor Calls for Climate Action
In the last month, some of the world’s biggest banks have faced votes from investors to improve their ESG and climate records. This is just the latest evidence that a growing proportion of shareholders, employees, and consumers want to invest in, work for, and buy from companies that can demonstrate a positive, ethical impact on the world. In this blog, we explain how Nexis ® Solutions can help companies to retool their...
Investing Trends for Gen Z and What that Means for Financial Services
The youngest generation in the workforce, Gen Z (cordially called “Zoomers” at times) has a unique set of values that distinguishes them even from millennials. A cohort defined by their love of trends and social media, Gen Z can be an enigma for investors who are attempting to reach younger audiences. Staying on top of this generation’s ethos and internet habits is crucial for financial services providers; in our 2023...
How Financial Services Needs Differ For Millennial Investors
Millennials have long been the most hated generation. From Baby Boomers calling them “lazy” to Gen Z calling them “cheugy” and “cliché,” it seems like the now 27- to 42-year-olds can’t catch a break. But the biggest complaint from older generations is actually proof that millennials are important: Boomers notably lament the fact that millennials shook things up—they “ killed” the cereal industry, housing market and many...
Embracing Big Data for Banks One Use Case at a Time
The Time is Now: Embracing Big Data for Banks One Use Case at a Time In today’s world, big data allows banks to reach new levels of innovation. Applying big data analytics to high-quality datasets guarantees the value and relevance of products clients are searching for. Nevertheless, numerous banks have yet to take full advantage of the potential offered by big data technologies such as Artificial Intelligence (AI)...