Category: Analytics
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Big Data Optimization Techniques that Are Redefining Analytics in 2020
The market for big data is surging rapidly. It is estimated to be worth nearly $49 billion by 2025. However, the big data ROI of big data strategies vary for different businesses, since some utilize it better than ever. Refining data optimization strategies must be a top priority. Companies that use the right big […]
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Predictive Analytics Brings Both Positive Changes to Financial Industry
Predictive analytics is changing the future of capitalism in the most surprising ways. One study found that the market for this technology will be worth $23.9 billion by 2025. One of the fields that has been most influenced by predictive analytics is the financial industry. Predictive analytics is the core of financial business intelligence. […]
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Top Analytics Tools for BI
BI analytics tools have changed the dynamics of the business world in spectacular ways. Before the invention of analytics platforms, many business decisions were products of guesswork. It was very difficult for decision makers to assess the impact a specific decision had on their outcomes. Analytics tools have made it much easier for them to […]
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SMEs Turn to Predictive Analytics to Improve Accuracy of Cash Flow Projections
Predictive analytics is redefining the nature of financial modeling. CFOs from SMEs have discovered that algorithms that help model customer behavior and mine financial data are particularly valuable for making cash flow projections. The Basis for Using Predictive Analytics for Cash Flow Projections Every CFO has a number of responsibilities. One of the most […]
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6 Data And Analytics Trends To Prepare For In 2020
We’re well past the point of realization that big data and advanced analytics solutions are valuable — just about everyone knows this by now. In fact, there’s no escaping the increasing reliance on such technologies. Big data alone has become a modern staple of nearly every industry from retail to manufacturing, and for good reason. […]
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Savvy Brands in Developing Economies Merge Analytics and Influencer Marketing
Multinational companies have been investing more heavily in marketing analytics over the past few years. According to McKinsey, they have discovered that big data gives them a tremendous edge in developing more effective business strategies. However, most of the news stories about companies investing in big data surround around companies in the United States. […]
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Is UX Important To Business Intelligence Analytics?
“Data is what you need to do analytics. Information is what you need to do business.”– John Owen A simple and effective user experience unfolded with clear and crisp user interface goes a long way in making the user happy and satisfied. Especially, when it comes to the world of business intelligence dashboards, a […]
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Top 30 big data tools for data analysis
There are thousands of Big Data tools out there for data analysis today. Data analysis is the process of inspecting, cleaning, transforming, and modeling data with the goal of discovering useful information, suggesting conclusions, and supporting decision making. To save your time, in this post, I will list 30 top big data tools for data […]
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What Makes Business Intelligence Software Truly Useful?
Business intelligence software is the next big thing in business. Take BI cloud software as an example. Adoption reached 43% in 2016, and this number is only going to continue to rise. The problem is that business intelligence software can sometimes cause more problems than it should. When it’s not implemented correctly, or you […]
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GDPR Drives Real Time Analytics
New reforms under the General Data Protection Regulation (GDPR) started as an attempt to standardize data protection regulations in 2012. The European Union intends to make Europe “fit for the digital age.” It took four years to finalize the agreements and reach a roadmap on how the laws will be enforced. The GDPR presents new […]