We are awash in data. Individually and as companies, we are faced with more and more information every day. On the one hand, this has opened up the world and given us details and choices that heretofore we could not have imagined. It has given us access. On the other hand, that same information can be like water spewing forth from a dam. Unchecked, it has the power to drown us. … [Read more...] about What Have We Here? Inventory Management in the 21st Century
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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
Free Business Analytics Content Part 4
Why buy when you can get it for free? Back at you! Here is the fourth fantastic delivery of an amazing and fabulous selection of free and widely available business analytics learning content, which has been prepared just for you. Data Mining Data mining is an interdisciplinary subfield of computer science. It is the computational process of discovering patterns in large data … [Read more...] about Free Business Analytics Content Part 4
5 Ways Big Data is Changing Retail and How we Shop and Sell
Big Data is making big waves within the world of retail, and for those that harness this tool there lies rich consumer pickings. However it seems that all too few a retailer can fail to grasp just what Big Data can deliver, so here we take an in-depth look at exactly what Big Data can mean for the retail world. Marketing has been completely revolutionised Today the shopper can … [Read more...] about 5 Ways Big Data is Changing Retail and How we Shop and Sell
Five Ways How Startups Can Leverage Big Data
Big Data is not only for large organizations and you dont need to have terabytes or petabytes of data to develop a Big Data strategy. Instead, any organization, small or big, startup or public company, can leverage the exponential data growth the world is currently experiencing. According to the below infographic, developed by Bluenose, many startups are experiencing a data … [Read more...] about Five Ways How Startups Can Leverage Big Data
