In today's information age where almost any bit of information is accessible, data-driven management has revolutionized decision making among corporate leaders. Managers and executives can now depend on reliable information systems capable of presenting data specifically organized to their decision needs. Over the years, statistical and basic mathematical models have been … [Read more...] about How Big Data Will Change the Way We Do Business
Business analytics
Evolution of Self-Service Analytics and BI
As the number of business data is continually developing, it is significant that organizations focus their actions around dealing with the data and analyze it with the help of Self-Service business intelligence, intended to help Business managers draw insights from past accomplishments, predict future events and avoid obstructions even before they have occurred. The interest … [Read more...] about Evolution of Self-Service Analytics and BI
From Handheld Devices to IoT – Unified Endpoint Management
Businesses have been looking at ways to connect their devices for years. The invention of IoT devices has added to the burden of companies to provide a unified dashboard for all of their devices. DZone defines Unified Endpoint Management (UEM) as having a single point of contact for all of a business's connected devices. This is an important consideration today, especially … [Read more...] about From Handheld Devices to IoT – Unified Endpoint Management
How Can Data Strategy Strengthen Advanced Analytics?
How do businesses decide where and when to open a new store? How does a courier service track packages in real-time? How do inventory managers decide on quantities for reorders? The common answer to all of these questions “ data. Data analytics has advanced so far today that many companies have teams dedicated to just this. According to a study, Analytics grew from $122 … [Read more...] about How Can Data Strategy Strengthen Advanced Analytics?
Optimize the utility of Unstructured Text with Text Analytics
Widely used for conducting Market Research, Text Analytics is a contemporary technology and a subset of advanced analytics. Also referred to as Text Mining among highly technical groups, it is the process of excavating quality intelligence from largely unstructured text by identifying patterns and trends. In a way, it is a process of deriving meaning out of the free text … [Read more...] about Optimize the utility of Unstructured Text with Text Analytics