Data Visualization and Visual Analytics Are Not the Same – Know the Difference
In the age when data is the new oil, organizations across the globe are looking at ways and methods to analyze that data and identify trends that lie hidden in the data labyrinth. Within the volumes of data lie answers to pertinent business questions which allows organizations to move faster, and work more smoothly and […]
Is Mobile Analytics a Thing Now?
The mobile phone has come a long way from a device that could only offer approximately 30 minutes of talk time for a 10-hour battery charge back in 1973 to the smartphones of today that are giving communication over phones a whole new meaning. Smartphones have made the world more connected than ever before and […]
How to Build A Data-Driven Culture In Your Enterprise?
“You can’t manage what you can’t measure” – Peter Drucker, Management Thinker With this statement, what Peter Drucker communicates is that unless we establish defined metrics for success, it becomes almost impossible to quantify the progress and adjust processes to reach the desired outcomes. The modern day enterprises have been receptive towards this attitude and […]
Is Predictive Analytics the Next Big Thing?
Zion market research estimates that the Predictive Analytics market is expected to touch 10.95 Billion by 2022, recording a CAGR of approximately 21% between 2016 and 2022. As the volume of data in the hands of organizations continues to grow, companies are placing more importance than ever on data to gain intelligent insights. It won’t […]
The Growing Role of Big Data Analytics in HR
The Big Data revolution has created a great impact in a wide variety of sectors – in industries, for worldwide predictions and polls, and several core functions within an organization such as sales, marketing, legal, and finance departments. Recently, the human resource departments across enterprises are discovering new insights with the help of Big Data […]
The Growing Importance of Real-time Analytics
The exponential benefits that knowledge in the form of data brings has propelled us into the data age. All organizations, big and small, understand that today, in order to stay ahead of the curve, they have to leverage data. However, as competition in the marketplace intensifies, the need for instant and more accurate data analysis […]
Sensor Analytics for Business Impact – 5 Great Examples
By 2025, the total global worth of IoT technology could be as much as $6.2 trillion–most of that value coming from devices in health care ($2.5 trillion) and manufacturing ($2.3 trillion). The “Internet of Things” has ceased to be just a buzzword now. It is growing at a tremendous rate. Millions and billions of devices […]
Data Lake Vs Data Warehouse – Understanding the Difference
For organizations today, data is the new currency. Given that it has become an extremely valuable asset, it becomes imperative for all organizations to ensure that their data management strategies enable them to not only use the data to get insights but also ensure that the data can be accessed and used easily. Those in […]
Understanding the Business Impact of Business Intelligence
“Data is the new science. Big Data holds the answers.” – Pat Gelsinger, CEO, VMWare Today, information is power. The good news is that it is easy to gather information – about your business operations, supply chain, vendors, customers, employees and so on. The bad thing is that if you are buried under the information […]
Choosing Between a Cloud and On-Premises Option for Your Big Data Solution
Big data is no more just a buzzword. It has arrived. Organizations, large or small, have started realizing the benefits of analyzing large volumes of data for taking crucial business decisions. Big Data allows the creation of large data sets by accumulating data from multiple systems and providers. There is no denial that the information gathered […]