BI – Keep It Overproof!

How coronavirus is disrupting drinks sector’s trade shows

As tastings and trade shows worldwide have been scrapped or pushed back to mitigate the spread of coronavirus, we’re keeping tabs on the latest news from the drinks industry. UPDATE: On Thursday (5 March), Messe Düsseldorf, the organiser of trade show ProWein, has revealed that the show will not take place this year. The group plan to host ProWein as scheduled in 2021. On Tuesday (3 March), London’s wine trade had its first casualty. The RAW Wine Show, which was due to take place this weekend, has been postponed. Founder Isabelle Legeron MW said: “With so many producers...

How Business Intelligence Can Help Alcohol Brands

Every good business person knows that the most important tool for making money is information. While data is abundant and cheap, information – the meaningful interpretation of that data – requires expertise and insight to acquire. Who is buying your product and when? What else do they consume? What demographics are an untapped audience? For big industries, information like this is crucial for growth and survival. The alcohol industry constitutes a big industry. In 2018, U.S. alcohol sales were $253.8 billion with more than 16% of all beverages purchased are alcoholic....

How coronavirus is disrupting the global drinks industry

As tastings and trade shows worldwide have been scrapped or pushed back to mitigate the spread of coronavirus, we’re keeping tabs on the latest news from the drinks industry. On Tuesday, London’s wine trade had its first casualty. The RAW Wine Show, which was due to take place this weekend, has been postponed. Founder Isabelle Legeron MW said: “With so many producers flying in from all over the world this seems like the right decision for such a large gathering of people and such an international event.” At the same time, the bi-annual Grands Jours de Bourgogne tasting,...

How to Buy Business Intelligence Software

By: Andrew Tate When someone mentions Business Intelligence (BI), it’s possible that they’re referring to a number of different things. Generally, BI is a broad umbrella term that refers to software applications that are used to analyze raw data. Functions can include data mining, online analytical processing, querying and reporting. Most importantly, BI tools can help improve your decision making, cut costs and identify new business opportunities. When companies are looking for a way to improve their reports, BI is the way to go. The problem is, with so many different software options available...

Business Intelligence: A Life Hack for Today’s CFO

by Srin Subra and Kristen Contreras | May 14, 2019 | 12:08 PM Google next-generation CFO and you’ll find 50-odd articles, whitepapers, and blogs on the evolving role of the chief financial officer. But, there’s a nuance the headlines miss: it’s not just the next-generation’s role that is evolving, it’s the now-generation’s role, as well. The now-gen CFO can’t be just a finance executive. This is particularly true in a private equity-backed environment, where the days of a controller-style finance department are long gone. To be a real strategic partner to the business, now-gen CFOs must embrace...

Beer industry blames Trump’s tariffs for loss of 40K jobs

The beer industry is pinning blame on the Trump administration’s tariffs for thousands of job losses across the country. Source: Beer industry blames Trump’s tariffs for loss of 40K jobs The beer industry is pinning blame on the Trump administration’s tariffs for thousands of job losses across the country. A study released this week by the Beer Institute and National Beer Wholesalers Association found that direct, indirect and induced jobs were at 2.19 million in 2018, a drop of 40,000 jobs from 2016. “Aluminum tariffs are increasing brewers’ costs and are an anchor on a vibrant...

Placing humans at the centre of Artificial Intelligence

The rise of augmented intelligence – bringing together humans and AI Source: Placing humans at the centre of Artificial Intelligence At birth, we humans are helpless. We spend about a year unable to walk, about two more before we can articulate full thoughts, and many more years unable to fend for ourselves. We are totally dependent on those around us for our survival. Now compare this to many other mammals. Dolphins, for instance, are born swimming; giraffes learn to stand within hours; a baby zebra can run within forty-five minutes of birth. Across the animal kingdom, our cousins are...

What Is Business Intelligence?

Business Intelligence software collects, stores and analyzes data, turning it into useful information to help businesses make better decisions. Amazon uses Business Intelligence to personalize product recommendations and market products. It also uses BI software for logistical business decisions. As the internet is used by companies to discern and target potential consumer trends, the desire to collect vast amounts of data has grown exponentially. Making sense and use of the data collected Source: What Is Business Intelligence? As the internet is used by companies to discern and target potential...

How predictive analytics can help you enhance customer experience

AI-powered predictive analysis helps retailers to foresee customer demand and craft their marketing campaigns accordingly. Source: How predictive analytics can help you enhance customer experience – Tech Wire Asia IMAGINE if there were a way businesses could foresee and anticipate the needs and wants of their customers, and with that knowledge, not only deliver but exceed their customer’s expectations. Well, with artificial intelligence (AI)-powered predictive analytics, it is no longer an abstract concept, but a practical reality. AI AND ANALYTICS LEAD GARTNER’S VISION FOR SUPPLY...

Ashes to Ashes. Dust to Dust. Or, in Washington State, You Could Now Be Compost.

Posted in Beer, Industry, Spirits, Wine.

Gov. Jay Inslee signed legislation making Washington the first state to approve composting as an alternative to burying or cremating human remains. Source: Ashes to Ashes. Dust to Dust. Or, in Washington State, You Could Now Be Compost. By Adeel Hassan May 22, 2019 For most Americans, there are two main choices after death: burial or cremation. But now people in Washington State have a third legal option: They can have their bodies turned into soil. Gov. Jay Inslee signed legislation on Wednesday allowing the practice of “aboveground decomposition,” making Washington the first...

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