Posts Tagged ‘Data analytics’
Analytics Driving Strategy
Data analytics has the power to transform how organizations operate, manage human and financial resources and ultimately create value. Information Week brought this interesting information to our attention in their article, “4 Ways to Make Data Analytics More Efficient.” CEOs and other top executives tend to avoid getting into the weeds and that is mostly…
Read MoreDigital Trustworthiness
Trust is a rare commodity in the digital age and in any industry. Between artificial intelligence (AI)-created content and questionable standards of ethics, it has never been harder to trust data. Data is nevertheless essential for making informed decisions and avoiding costly mistakes. This interesting topic came to us from Information Week in their article,…
Read MoreLearning from the Past
When it comes to data analytics, most organizations have historically focused primarily on descriptive and diagnostic capabilities. Descriptive analytics explains what is happening in an IT system and uses analysis levers including trending, mining patterns, and detecting changes and anomalies. This interesting news came to us from BetaNews in their article, “Advances in predictive analytics expand…
Read MoreHierarchy of Classification
The security concept of classified vs declassified data is somewhat clear, and there is yet a broader type of commerce-oriented data classification for businesses that contributes to the success of data analytics pipelines. Tech Target brought this interesting information to our attention in their article, “Data analytics pipeline best practices: Data classification.” There is a…
Read MoreAI and Analytics
Generative artificial intelligence (AI) is beginning to materially affect what organizations can do with their data. Tech Target brought this interesting information to us in their article, “Generative AI hype evolving into reality in data, analytics.” Generative models can generate synthetic data that resembles real data, helping to augment a dataset and increase its size.…
Read MoreQuality Data Drives Strategy
It has never been more important to make data-driven decisions and develop strategies that are based on data analytics. Beyond decision-making, accurate and relevant data analytics can provide greater insights into target markets, reveal hidden operational efficiencies, and identify new potential product and service offerings. CIO brought this interesting topic to our attention in their…
Read MoreDecision Making with Data
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,…
Read MoreDiving into Analytics
Artificial intelligence (AI)-powered systems can analyze data from hundreds of sources and offer predictions about what works and what doesn’t. AI can also deep dive into data analytics about customers and offer predictions about consumer preferences, product development, and marketing channels. This interesting information came to us from IT Web in their article, “The (near)…
Read MoreData is Driving Business Growth
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,…
Read MoreAnalytics and AI
Artificial intelligence (AI)-powered systems can analyze data from hundreds of sources and offer predictions about what works and what doesn’t. AI can also apply data analytics about customers to predictive algorithms about their preferences, including informing product development and marketing channels. This interesting information came to us from IT Web in their article, “The (near)…
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