Nick Shopov BI

Now on Twitter: #BigData and #Analytics vendors 2016: https://t.co/ub9B8tTRLM

RSS

Nick Shopov on Business Intelligence (BI)

RSS

Nick Shopov on Leadership

Nick Shopov-Leadership-Data

Selection of Best Big Data Quotes And Data Thoughts | Part 2

Data brings a beautiful experience to those involved in its gathering, analysis and reporting. This article is the second on the series devoted to best data quotes and thoughts. Check out the first article here: Best Big Data Quotes and Provocative Data Thoughts | Part 1 20. “Too often we... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Data Marts Explained | NSBI

Having explained what a Data Warehouse is you should be now aware that it is not well optimized to serve a particular need but rather consolidate the whole historical data of an organization. This implies a number of issues when trying to maximize performance for particular usage. Here come Data Marts. ... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Star Schema, Snowflake Schema | NSBI

Relational database normalized schema is different from the architecture of a data warehouse. This article will explain what are the two most common design approaches when building a data warehouse - the Star Schema and the Snowflake Schema. NSBI Tutorials aim to make Business Intelligence (BI) and... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Database Normalization And Normal Forms | NSBI

Optimization has always been a priority for business and database optimization is not an exclusion. Relational Database optimization is often related to a process called Normalization. Normalization | Definition Normalization is a process of optimization of a relational database in terms of data... Read more


Nick Shopov-Leadership-Data

Best Big Data Quotes and Provocative Data Thoughts | Part 1

Data is amazing in a way it creates insights for businesses, people and the world around us. I have gathered a list of my favorite quotes and provocative personal insights about data. 19. “Luck does not exist - it's just a function of data we tend to ignore”. – Nick Shopov 18.... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Entity Relationship (E/R) Diagrams | NSBI

It is important for developers that they get an overview of available data, relationships and architecture. This is where Entity Relationships (E/R) diagrams are introduced. Entity Relationship (E/R) Diagrams | Definition Data is grouped in rows and columns, then grouped in tables and views. Next... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Tables And Views Explained | NSBI

Data is grouped together into larger units that represent a single subject or process. These structures are most commonly known as tables. Database Tables | Definition NSBI Dictionary defines Tables as a logical structure that represents a set of fields and tuples associated with them. Based on the... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Slowly Changing Dimensions-SCD explained | NSBI

Things change. Dimensions are no exclusion. When a data designer plans a data warehouse architecture they have to plan ahead with a slowly changing dimensions strategy. Slowly Changing Dimensions-SCD | Definition Slowly Changing Dimension (SCD) is a term first introduced by Kimball Group among... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Surrogate Keys Explained | NSBI

Surrogate Key | Definition Primary Keys and Foreign Keys are also known as business keys since they are primarily used in various operational databases. When we load a Data Warehouse, however, those keys may no longer uniquely identify each tuple in a table, therefore a new kind of key is introduced -... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Primary Keys and Foreign Keys Explained | NSBI

Keys are a special kind of database fields that are designed to support a relational design where tables can be related to one another. Primary Key | Definition NSBI Dictionary defines a Primary Key as a logical structure of field or group of fields that uniquely identifies each record within a... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Facts And Dimensions Explained | NSBI

Facts and Dimensions are a special type of fields, that are introduced during Data Warehouse architecture and design. Facts | Definition NSBI Dictionary defines Facts as numeric Measures of a business process. Dimensions | Definition NSBI Dictionary defines Dimensions as Attributes used to... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Table Field and Table Tuple | NSBI

We are now diving into the Database building blocks - fields and tuples.  Table Field | Definition A table field represents a characteristic of the subject to which it belongs to. Commonly table fields are simply referred to as "columns". The relational database theory also assigns... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Big Data - Definition And Sources | NSBI

Big Data term is one of the most trending topics nowadays but do we really understand what is behind? This article will clarify the big data concept, how big data is entering our world and how we can monetize data. Big Data | Definition The NSBI Dictionary defines Big Data as a class of data... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Data vs Information | NSBI

Data | Definition We define Data as a static abstract set of values belonging to a specific domain. Data is what you store. Information | Definition We define Information as processed pieces of data, structured and retrieved in a meaningful way for the end user. Information is what you... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Data Warehouse (DWH) Explained | NSBI

What is a Data Warehouse (DWH)? We define data warehousing as a database infrastructure used to integrate data from various sources, provide standardized view and infer knowledge. A data warehouse is often used to implement a business intelligence architecture. NSBI Tutorials aim to make Business... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Operational Database | NSBI

What is an Operational Database? NSBI Business Intelligence Dictionary defines an operational database as one that serves the current needs of a front end user. An operational database is normally a normalized database that allows real time reporting. Hence it does not require a big volume of... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: What is Business Intelligence | NSBI

What is Business Intelligence (BI)? We define Business Intelligence (BI) as the ability of an organization to make competitive decisions based on the acquisition, analysis and executive reporting of huge volume of data. NSBI Tutorials aim to make Business Intelligence (BI) and Data Warehousing... Read more


Nick Shopov-Leadership-Data

Kimball Group Retiring?

Kimball Group Retiring? Margy Ross, President @Kimball Group came up with an important announcement yesterday: “Kimball Group Retiring in December 2015!” Announcement is also signed by Ralph Kimball himself. This may be shocking for the majority of Kimball Group fans that had their... Read more


Nick Shopov-Leadership-Data

Business Intelligence Dictionary: Data Governance | NSBI Tutorials

What is Data Governance? The term Data Governance encapsulates all organizational processes related to gathering data, managing data and inferring knowledge from data. You may also think of Data Governance as a process of monetizing data in the context of recent business models where user data is... Read more


Nick Shopov-Leadership-Data

Guide to Linking SAP Business Objects (BOBJ) Universes

As a SAP Business Objects BI Developer I came to realize the huge power of linking universes (via Universe Designer). This functionality saved me a lot of time on my recent project but also gave me some painful time to figure out all the tips and tricks. Here I share some of them. Nick Shopov is a BI... Read more


Nick Shopov-Leadership-Data

Top Business Intelligence (BI) Trends for 2014 | Nick Shopov

Diving into the Business Intelligence (BI) field is more exciting than ever. The competition on the BI market gets real and this brings to developers and end-users a great deal of options to choose. Here I share my vision of the 2014 Business Intelligence Market. Business Intelligence in 2014 –... Read more


Nick Shopov-Leadership-Data

Facebook Implements Open Source Engine for Bigdata

Trendy as it is! Facebook replies to the BigData trend by announcing PrestoDB engine support. Over 1,000 Facebook employees use Presto daily to run more than 30,000 queries that in total scan over a petabyte each per day. Pesto is one of the newly emerged SQL query engines that try to efficiently... Read more


Nick Shopov-Leadership-Data

Oracle Launched MySQL 5.6 Developer Certification (Video)

As somebody having played quite much with MySQL I was excited to read that Oracle finally launched their MySQL 5.6 Developer Exam. An Oracle Certified Professional document will be published for those who stand the exam. Nick Shopov is a BI/DWH Software Developer with 3 years of experience in Business... Read more


Nick Shopov-Leadership-Data

64% of Organizations Are Investing or Planning to Invest in BigData Technologies in 2013

Gartner Inc. published this year’s survey on the trends in #BigData technologies. Here is my summary of the top 5 conclusions I drew back from the results. Nick Shopov is a BI/DWH Software Developer with 3 years of experience in Business Intelligence and Data Warehouse technologies, Project... Read more


Nick Shopov-Leadership-Data

Nick Shopov: “7 Ways to Improve Profitability Using Business Intelligence (BI) Technologies”

Ladies and gentlemen, we live in a new era. Recently we’ve been hearing the quote “Information is gold”, nowadays it can easily be transformed into “Information Management is gold”. Truth is said we are nowadays bombarded with data from many sources but we seldom have the time... Read more


Nick Shopov-Leadership-Data

What Is Wrong With Alibaba, Whatsapp And The World?

Everybody is talking about #Alibaba and #JackMa turns to be the next entrepreneurs' idol for but I want to share another perspective here. $186,000,000,000 is the value of a company that does not own a product and its core disruptive idea is to help companies sell cheap fake commodities to other people... Read more


Nick Shopov-Leadership-Data

9 Excuses That I Heard And 9 Answers That I Gave | Nick Shopov

People can look for excuses or they can look for solutions, but they cannot do both in the same time. Here is a list of common excuses I heard and what I replied about them... Excuse #1: I don’t have enough money. NS: Be the best in what you are doing and money will flow. Be critical for what... Read more


Nick Shopov-Leadership-Data

On The Meaning of Life via Victor Frankl

[..] The question was whether an ape which was being used to develop poliomyelitis serum, and for this reason punctured again and again, would ever be able to grasp the meaning of its suffering. Unanimously, the group replied that of course it would not; with its limited intelligence, it could not enter... Read more


Nick Shopov-Leadership-Data

Do Not Think of Work as a Burden

Don't think of work as a burden, work is the common language between all living creatures. It is a wonderful way to express yourself, to show the world what you care about and what you are capable of. This is just as true for a bird building a nest for its family, as to a miner breaking rocks to bring... Read more


Nick Shopov-Leadership-Data

How to Become a Respected Leader | Nick Shopov

Recently I came back to this old good quote: “Nobody loves managers, everybody loves leaders.” Love is very personal – let’s call it respect. How to be respected leader in your organization and how to become a respected manager in your team? Here are my top 3 actionable goals that I... Read more


Nick Shopov-Leadership-Data

4.5 Tips to Create a Successful Entrepreneurship Program

388 000 000 entrepreneurs are estimated to be engaged in starting and running new business in 2011/2012 according to the Global Entrepreneurship Monitor (Babson College, 2012). The word “entrepreneur” often brings the image of an undereducated visionary with a brilliant idea that will make him... Read more


Nick Shopov-Leadership-Data

5 Morals During a Blast of Orca Inspiration

Minutes ago I saw a Richard Branson’s post featuring several Orca whales trapped in the frozen seas of Canada… and I just had this blast of inspiration that wanted to share with you like a wake-up call out of nowhere. Connect with Nick Shopov for more. 1. Don’t waste your time on... Read more


Nick Shopov-Leadership-Data

Be Good! It is that simple. (video)

Be good, it’s that simple! Don’t be good for Christmas, don’t be good for St Valentine’s, don’t be good for a day or two. Be good for a reason – the reason that you want to be happy! It’s easy and trivial to say that, it’s much harder for our pragmatic... Read more


Nick Shopov-Leadership-Data

5 Pricing Tips How Expensive Products Take Market Share

You don’t want to be cheap and you don’t want to sell inexpensive either. We discussed the 4 reasons you should aim high but pricing high can easily lead to market share isolation. The reason is simple – chances are that nobody knows your product; nobody knows your brand and nobody would... Read more


Nick Shopov-Leadership-Data

4 Arguments to Support the High Pricing Strategy for your Startup

Today is the first day of your startup. You know your competition. You know your product. You want to make money. You want to sell. Then you start researching and you get to know the 20 Pricing Models and you feel lost in space. Basically all of them lead to the same old choice – sell low price with... Read more


Nick Shopov-Leadership-Data

20 Ways to Set a Price Tag - The Ultimate Pricing Strategies Summary

This is the missing summary of what you need to know when you are stuck with how much your product should cost and wondering where you start from. By now you must be aware that there are three main ways to increase your profit: (1) lower your costs, (2) increase your positive income-bearing sales volume... Read more


Nick Shopov-Leadership-Data

7 Realms of Success and Perfectionism - Picked Yours?

We all live under the same sky but not all of us see the same horizon. This goes for those of you who want to be the best! Truth is I am one of you guys. I love success and I hate failure. I give 110% to be where I want to stand and have what I want. As a result I am who I want to be, have what I want to... Read more


Nick Shopov-Leadership-Data

Inspiring story carved with love and dug with hammer and nails

Have you ever wondered what determination can do to a man's life? Have you ever wondered what your mission is? This story is about determination in a world not so many of us know or would ever encounter. His name is Dashrath Manjhi, known as the Mountain Man, born and raised in a poor family in... Read more


Nick Shopov-Leadership-Data

5 Ways to Brand Your Name Professionally

You must take a side! You cannot be indifferent anymore because the digital world is taking over. You have a choice to be “invisible” online or brand your “visibility”. Taken down to operational level you have the choice to use all the tools available to make yourself known with... Read more


Nick Shopov-Leadership-Data

Customized Kanban Tool to Manage Your Business (File Template)

There is a tool gaining much popularity in the Business managerial communities nowadays. Moreover it is well related to the Business Intelligence industry in terms of getting the needed at the right time. It is actually an old tool in a new disguise – Kanban is a concept related to the Lean and Just... Read more


Nick Shopov-Leadership-Data

9 Lean Startup Pivots When Your Business Needs a Change

Do you feel it is time for a change? Leading a team or a whole business requires much responsibility and decision making quickly and efficiently. We presented a nice handy tool, the Customized Kanban Tool, that helps in Business Administration to plan, design, run and monitor experiments using metrics from... Read more


Nick Shopov-Leadership-Data

I Asked 21 Entrepreneurs How They Define Success. This Is What They Said

Being an entrepreneur is like hiking in the mountain – the lower you are, the more attractive the top looks like; the higher you are, the more attractive the foot of the mountain looks like. Truth is that entrepreneurship is a mountain path full of obstacles, privation and burdens few people are... Read more


Nick Shopov-Leadership-Data

11 Business Ethics Quotes and Ideas I Like

I shall publish some of my personal insights and favorite quotes about business ethics and the society we live in - in no definite order. Feel free to agree or disagree. You can also leave a comment about your favorites and I may add them quoting your name.  This publication was started in June,... Read more


Nick Shopov-Leadership-Data

10 Greatest Entrepreneurs of All Time

MSNBC published a wonderful article about those names that are left somewhere back in history but marked the entrepreneurial evolution. Here are the people and their deeds: 1. King Croesus – We owe him the cash flow as he contributed with the first coinage; 2. Pope Sixtus IV – He... Read more