Addressing the Modern Data Complexity Challenges in Business Analytics
It is 2018, and it is pretty clear that data and analytics are playing a much more significant role in business than they ever have; today data has become a driving force in decision making for businesses of all kinds. Organizations can no longer drive business decisions based on their gut and intuition; they need […]
How Manufacturing Industry Is Leveraging Predictive Analytics
According to the survey conducted by Honeywell, unscheduled downtime is one of the major causes behind the loss of revenue for manufacturers. Besides, other key factors such as equipment breakdowns, unscheduled maintenance, safety incidents, supply chain management issues are also some of the major threats faced by the manufacturing sector. Data Analytics has emerged as […]
5 Examples of How Automotive Industry Has Transformed with Big Data and Analytics
The automotive industry is undergoing a tremendous transformation, thanks to globalization, increasing competition, changing customer preferences, and with the rapid pace of technology innovations. From autonomous self-driving vehicles, applications to sensors, AI and big data analytics, this sector is experiencing unlimited possibilities for harnessing the data in different ways. Today, using analytics, information management, quantitative […]
Why Cloud Data Warehousing is the Obvious Choice for Today’s Data-Driven Enterprises
Data warehouses have completely transformed the business information management landscape over the years. With rapid growth and refinements made in this space over the years, companies have been able to derive actionable insights from their data which has led to better and improved business decision making. However, with the rise of Big data and BI, […]
Top Mistakes That You Must Avoid While Using Digital Analytics
With everything going digital, one of the biggest challenges that companies are facing today is the measurement of the effectiveness of their digital marketing efforts. While web analytics tools like Google Analytics offer insights into website performance, but when it comes to understanding the effect of marketing campaigns on conversion rates and the buyer’s journey […]
How Citizen Data Scientists Will Play a Key Role in The Organizations
According to research reports by Gartner, over 40% of data science related tasks will be automated by 2020, which will boost productivity and lead to wider use of data and analytics by Citizen Data Scientists. Gartner has also further predicted that Citizen Data Scientists would take over data scientists in terms of advanced analysis. With […]
Key Differences Between Machine Learning and Deep Learning That You Need to Know
Machine learning and deep learning are two of the fastest growing technology trends with a potential to offer plenty of promising opportunities with their diverse applications. Over the years, machine learning capabilities have improved in crunching large volumes of data. Today, they are widely used in various applications such as smartphone apps, email spam, and […]
Will 2018 Be The Year for The Cloud to Come at The Forefront in Data Analytics?
In the year gone by – 2017 – the trends that dominated were in the realms of analytics of things, FinTech and self-service analytics, artificial intelligence, decentralization of data, and several others. According to market experts, these trends will continue to remain in the forefront, but other trends would also make an entry in the […]
The Big Step from Business Intelligence to Advanced Analytics
As a manager, business owner, CEO or other important cogs in the wheel of your organization, one is continually striving to improve and streamline business processes to increase output, productivity, and profitability. With emerging market trends and changing customer needs, it becomes necessary to alter or at least, tweak the business processes in a way […]
Big Data Meets Blockchain – What Does it Mean for Enterprises?
“There is a growing agreement among technology companies that the blockchain is essential to unlocking the potential of the Internet of Things” – Don Tapscott Possibly, and some may say questionably so; blockchain is amongst the most significant developments in information technology in the recent years. It has the potential to change dramatically the way […]