Datafloq

Data and Technology Insights

analytics

Advanced Analytics: Definition, Benefits & Techniques

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The advantages of self-service business intelligence and the establishment of data democratization efforts are just now being realized by many firms. But as every team member and business management is aware, markets and competition in business change swiftly, and today's business intelligence programs are becoming advanced analytics initiatives. Businesses need to understand … [Read more...] about Advanced Analytics: Definition, Benefits & Techniques

How to Integrate eCommerce Analytics into Ecommerce Strategy

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Wondering if you could figure out well in advance what customers are likely to prefer and what pricing strategy should you apply to maximize profits? Data analytics is the key. Data has become the fuel for every industry these days and this stands true for the eCommerce market as well. However, majority of eCommerce websites fail at gaining foresight simply because they don't … [Read more...] about How to Integrate eCommerce Analytics into Ecommerce Strategy

When to Talk Salary in a Data Science Interview Process

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You're interviewing for a job in data science: maybe it's your first job or maybe it's a Chief Analytics Officer role. One struggle people have is when to talk salary with the employer. Certainly, this issue isn't unique to data science roles, but I do think that there are some nuances in our field due to its recent rise and high market demand. I'll cover a few thoughts tied to … [Read more...] about When to Talk Salary in a Data Science Interview Process

Data Storytelling and Visualisation: A Practical Approach

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The insurance industry often has a reputation as boring and fear-inducing. However, many companies have learned that new technology can help them tell their stories more creatively and become more customer friendly, which ultimately becomes a win-win for everyone. With the number of policies increasing every year, there is an increasing demand for communicating with customers … [Read more...] about Data Storytelling and Visualisation: A Practical Approach

Decoding Analytics In The E-Commerce Industry

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E-commerce analytics help online sellers to figure out, in advance, what customers are likely to buy and how to price products so that profits can be maximized. Online retailers get advanced insights into issues that might crop up well before you bring them to the notice of the consumer service department; with all this information, online sellers are forewarned and get help in … [Read more...] about Decoding Analytics In The E-Commerce Industry