The rise of big data has transformed the way organizations make decisions. With the exponential growth of data, companies are able to collect and analyze vast amounts of information in real-time to gain insights into customer behavior, market trends, and operational efficiency. This has led to a shift from traditional decision-making processes to data-driven decision-making, where decisions are based on empirical evidence rather than intuition. Entrepreneur brought this interesting information to our attention in their article, “How to Harness the Power of Data Analytics for Business Growth.”
The digital age has ushered in a new era where data reigns supreme. In order to thrive in today’s highly competitive landscape, entrepreneurs must not only recognize the significance of data analytics but also leverage its power to drive their organizations forward.
Data analytics can help businesses to forecast demand more accurately, to reduce fraud, and to mitigate risk. Ultimately, the insights gained from data analytics can help businesses make more informed decisions and drive better outcomes.
At the end of the day, content needs to be findable, and that happens with a strong, standards-based taxonomy. Data Harmony is our patented, award winning, artificial intelligence (AI) suite that leverages explainable AI for efficient, innovative, and precise semantic discovery of your new and emerging concepts, to help you find the information you need when you need it.
Melody K. Smith
Sponsored by Access Innovations, the intelligence and the technology behind world-class explainable AI solutions.