12 Ways AI and IoT are Changing Telecom
A Recent study by Transparency Market Research (TMR) shows the global market for Artificial Intelligence (AI) and Internet of Things (IoT) to jump an impressive 36.1% CAGR to post a staggering valuation of USD 3061 Billion by the end of 2024. The world as we know it transforming through the widespread use of AI and […]
Beyond Big Data – AI and IoT in Healthcare
Big data and analytics have been helping healthcare organizations achieve a certain degree of operational efficiency. By analyzing humongous amounts of healthcare information and offering critical insights into various aspects of care, big data and analytics have helped doctors make efficient healthcare decisions. However, the growth of modern technologies like AI and IoT have completely […]
Business Process Transformation – Now with Big Data and Analytics
Yes, big data is a significant trend in the industry today. It has moved from a buzzword or a fad to something real. Businesses across all industry verticals and sizes have started leveraging the power of big data and analytics to cut costs, innovate new business models, keep pace with changing business trends, understand their […]
Don’t Build Your Enterprise Data Warehouse Like A Pack Of Cards
Enterprise data warehouse is the core of business intelligence operation and can make a huge difference to the success of big data initiatives of the organizations. According to Gartner reports, the worldwide business intelligence and the analytics market is set to grow at $22.8 billion by the end of 2020. With evolving business processes, growing […]
What Makes Analytics The Key Element Of Enterprise IoT Projects
As millions of connected devices flood the market, the IoT ecosystem is undergoing a massive transformation. Gartnerpredicts the total economic value add for IoT will be $1.9 trillion dollars in 2020 making it the largest technology transformation ever. Analytics is increasingly fueling the adoption of connected devices and plays a significant role in the growth […]
Ensuring The Success of Business Intelligence Initiatives
The sheer volume of data that businesses today deal with is mind-boggling. But just access to large data sources is not enough. Identifying the most pertinent information and actionable insights from the available material is the key for leaders, CIOs and strategists to make informed business decisions. This is where Business Intelligence or BI, as […]
Understanding The Terminologies – Big Data, Business Intelligence, Business Analytics
According to a Gartner report, the worldwide market for business intelligence and business analytics is estimated to grow at $22.8 billion by the end of 2020. Today, data is expanding at a faster rate than ever before – it is predicted that by 2020, 1.7 megabytes of information will be generated per second for every […]
The Role of Analytics in Customer Retention
~It takes months to find a customer, and only seconds to lose one~ Although many organizations drive all their efforts into acquiring new customers (44% companies prioritize acquisition over retention), it is retaining them that defines business success. The set of activities a business participates in to ensure repeat purchases customers is what drives customer […]
The Need for Data Visualization and Best Practices for Maximum Business Impact
According to research done by Forrester Consulting, almost half of the financial executives around the world still rely on conventional tools such as spreadsheets and PowerPoint for deriving data-related insights. At the same time, about 28% of them have reported employing advanced tools such as machine learning as the primary means of gaining data insights […]
Organizations Which Succeed with Data Analytics Share These Traits
Did you know? For a Fortune 1000 company, an increase of 10% in data accessibility can resultin over $65 million additional net income. As data becomes the new oil, organizations have realized the importance of harnessing the power of structured and unstructured data to derive maximum business benefits. Data analytics helps companies gain deep insights […]