Posts Tagged ‘Data analytics’
Emerging Tech and Analytics
A handful of accelerating technology trends are poised to transform the very nature of insurance. In auto insurance, risk will shift from drivers to the artificial intelligence (AI) and software behind self-driving cars. Satellites, drones and real-time data sets will give insurers unprecedented visibility into the risk around facilities, leading to greater accuracy. The insurance industry…
Read MoreInsights and Intelligence
Business intelligence describes the strategies, technologies and tools that companies use to obtain business information. It also describes the information itself. Then there is data analytics — the technical process through which we obtain actionable insights from raw data. Not the same, but not isolated from one another. This interesting information came to us from…
Read MoreData Professionals in the Job Market
Employment and the lack of available employees is a common topic these days. The national unemployment rate in the United States is currently at 3.5%. For the tech market, it is at 1.7%. This interesting topic came to us from CNBC in their article, “Why data analytics is the hottest skill recruiters are looking for.“…
Read MoreUsing Data to Improve Recruitment and Retention
Unexpected events like the COVID-19 pandemic can have a significant impact on employee sentiment. Employee engagement is an important metric to keep an eye on, because it’s directly linked to retention and turnover. Both employee engagement and employee retention can be measured, understood and improved by using data science and people analytics. The Financial Management…
Read MoreAnalytics From the Cloud
The benefits of moving data analytics to the cloud are many but can disappear if businesses don’t have the expertise to manage the cloud’s complexities. RT Insights brought this interesting topic to us in their article, “Moving to the Cloud for Better Data Analytics and Business Insights.” Numerous specialized database technologies are emerging to facilitate…
Read MoreGoverning Data-Driven Strategy
A data-driven company requires a clear data integration strategy and a solid data culture. Tech Republic brought this interesting information to our attention in their article, “How to create a data integration strategy for your organization.” Big data and analytics have climbed to the top of the corporate agenda. Together, they promise to transform the…
Read MoreData Analytics in Higher Ed
Analytics is used in a higher education environment to analyze various collected data points to gain insight and make informed decisions about complex issues. Specific areas include academic analytics, business intelligence, and learning analytics. University World News brought this interesting information to our attention in their article, “Taking the next step with data: It’s the smart thing to…
Read MoreTaxonomies and Data Silos
Data sharing has become an increasingly important topic in the business world. Traditionally defined as a concept in the world of academic research, data sharing as a technology has become highly relevant for businesses of all sizes, whether they need to disseminate data across a large, global organization or need to augment internal data with broader…
Read MoreData Analytics Evolution
For years, businesses have been organizing information on spreadsheets to run analytics, such as summary statistics by group. Of course, to get value out of the tool, the user needed to understand the output, otherwise, the exercise was meaningless and provided no direction for strategic decision making. This interesting and important information came to us…
Read MoreMaintaining Data Access and Accuracy
Data quality is a measure of the condition of data based on factors such as accuracy, completeness, consistency, reliability and whether it’s up to date. Measuring data quality levels can help organizations identify data errors that need to be resolved and assess whether the data in their IT systems is fit to serve its intended…
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