This article is sponsored by CloudMoyo - Partner of choice for solutions at the intersection of Cloud & Analytics. The Big Data revolution has transformed organizations across the globe irrespective of the industry, but not every business can afford to harness this emerging area due to high infrastructure costs & skilled personnel. However, Cloud services provide a new … [Read more...] about Big Data and The Cloud: A Match Made in Heaven
predictive analytics
3 Powerful Applications of Using Analytics-as-a-Service
This article is sponsored by CloudMoyo - Partner of choice for solutions at the intersection of Cloud & Analytics Analytics-as-a-Service is the combination of analytics software and cloud technology. Instead of hosting any analytics software on premises using your own servers, you use a ready-to-go solution that is easy to deploy and most of the time has a pay-as-you-go … [Read more...] about 3 Powerful Applications of Using Analytics-as-a-Service
Building A Better Mousetrap: The Emerging Role Of Big Data And Visualization In Manufacturing
Productivity is down. According to the U.S. Bureau of Labor Statistics, labor productivity fell 3.1 percent in early 2015, while unit labor costs increased 6.7 percent. The numbers are striking, especially considering the wealth of technology now used by companies to enhance automation and improve production times. While there's no simple answer to the problem of suboptimal … [Read more...] about Building A Better Mousetrap: The Emerging Role Of Big Data And Visualization In Manufacturing
How to Predict Demand For Fresh Bread in Supermarkets
With a yearly turnover of 400 mil EURO, Bakkersland is by far the largest bakery in the Netherlands. Early every morning, the organization's 300 trucks deliver approximately 2 mil fresh baked breads to 1,200 supermarkets. In order to predict the consumer demand per-day per-retailer, Bakkersland asked GoDataDriven to develop a predictive sales planning model. This machine … [Read more...] about How to Predict Demand For Fresh Bread in Supermarkets
How to Select the Right Prescriptive Analytics Technique for Your Business
Traditional BI tools, which use descriptive and predictive analytics, provide insights based on accumulated data. Prescriptive analytics, which is the latest stage in the field of business analytics, goes far beyond by proposing actions that the business can take to maximize profit or mitigate risks. It can be considered as the apex of a cutting-edge analytic capability. … [Read more...] about How to Select the Right Prescriptive Analytics Technique for Your Business
