As discussed in the 7 Big Data Trends for 2017, organisations need to apply big data analytics to make sense of their organisation and their environment. The impact big data analytics will have on your organisation depends on which type of business analytics is applied within the business. There are four types of analytics, ranging from descriptive and diagnostic analytics to … [Read more...] about Collaboration in the Era of Big Data; How Empowerment Will Drive Change
employees
How Will Big Data Change the Future of Employee Retention
Attrition hurts businesses. When it comes to employee turnover, around 70% of organizations report that attrition has a negative financial impact due to the cost of recruiting, hiring, and training a replacement employee and the overtime work of current employees that's required until the organization can fill the vacant position. You spend a great deal of time and money … [Read more...] about How Will Big Data Change the Future of Employee Retention
How Big Data Is Changing the Business World, and Why It Matters
In the not too distant past businesses ran on data collected through store visits, coupon redemption, mailed surveys and the ever present telemarketing calls. Information is still collected this way, but there is an increasing reliance on web searches, email contacts and online analytic tools. The information that is collected online can gauge customer behavior more accurately … [Read more...] about How Big Data Is Changing the Business World, and Why It Matters
How to Measure Productivity Benefits and Losses of New Technology
Technology exists to make our lives easier. Even simple machines and basic tools saved our ancestors countless hours of manual labor; these days, the latest gadgets promise to shave minutes off our already-lightning-fast tasks, help us communicate more efficiently, or even fully automate tasks that once populated our to-do lists. When you purchase a new device, upgrade to a new … [Read more...] about How to Measure Productivity Benefits and Losses of New Technology
Big Data and Recruiting: The Deadly Duo
Big data has become a driving force in driving businesses strategies today. The human resource department has not been left behind. The use of HR software, which allows the department procedures run smoothly and has been fundamental in providing vital information about employees. The use of technology to improve talent acquisition improves each day, and many companies are now … [Read more...] about Big Data and Recruiting: The Deadly Duo