Click here to learn more about Zdenek Svoboda. Market research from Gartner maintains that, in the digital era, analytics needs to be infused into every role, business process, decision, and action. That’s a very worthy goal, but one that many companies have yet to achieve. In fact, when Deloitte recently surveyed 1,000 executives at large companies, a full 67 percent […]
Tips for Risk Assessment and Management
Click to learn more about author Ashok Sharma. Small businesses are prone to a lot of risks. From financial threats and market competition to unexpected issues like hazardous equipment, medical expenses, legal expenses, and security issues, a small business can be affected by any (or several) of these problems at any time. And as a small […]
Evolution of Machine Learning and How It Will Affect the Future
Click to learn more about author Kateryna Boiko Machine learning (ML) has been more than a buzzword lately. All the top companies have adopted innovative technologies, with Google making artificial intelligence a priority, Uber incorporating machine learning with Uber Eats, and countless research labs opening all over the world. How did machine learning become such a […]
AI and Human Operators Combine to Train Robots
Click to learn more about author Samuel Bocetta. Ever since the first crude cinematic robot first arrived on the scene in the 1927 movie Metropolis, humans have been fixated on the fear that they would come to rue the day artificial intelligence (AI) was summoned into existence and that, eventually, the masters would become slaves […]
The Dangers of Data Illiteracy: Coronavirus and Data Distortions
Click to learn more about co-author John Ladley. Click to learn more about co-author Len Silverston. People are unconsciously incompetent at communicating with data. This applies to our personal and professional lives. This ignorance creates an ethical issue that is profoundly important to all business and societal communities. This inability to understand and communicate with […]
Retail, Analytics, and the Economic Crisis: Three Lessons Learned
Click to learn more about author Julien Gautier. Over the last month, the business world has come to a standstill with organizations across the business landscape scrambling to make sense of how to preserve revenue as the world grapples with the economic downturn associated with COVID-19. This is particularly true in one industry: retail. The […]
Goodbye, Subjective Decision-Making: Welcome, Predictive Analytics
Click here to learn more about Sanjyot Salgar Patkar This column will talk about workforce analytics and future-proofing your business with succession planning using analytics. Imagine that you are part of a Talent Management team. A typical day at your job starts with compiling and matching employee data from various systems and rummaging through your […]
Real-Time Data Insights Crucial for Businesses Tackling a Crisis
Click here to learn more about Heine Krog Iversen. If you spend five minutes watching briefings by public health officials about how to respond to the current pandemic, one thing is certain: Their actions, suggestions, mandates, and predictions are based on real-time data. Companies should respond with a similar measure. With this global crisis upon […]
Bye Bye, BI: Why Companies Should Transition to AI for Better Business Monitoring
Click here to learn more about Amit Levi. We’ve come to rely on business intelligence (BI) tools as an essential part of business decision-making. From dashboards to automated reports, BI tools allow us to cash in our data for top-level insights. We won’t deny that using traditional BI tools can make tasks such as reporting […]
Building the Data-Driven Enterprise for a Resilient Future
Click to learn more about author Bas Kamphuis Confronted with the current state of the world, business leaders are reassessing and recalibrating how they can better prepare themselves to become more resilient across their supply chain, their financial and customer operations, and the protection of their employees. Early in 2020, many companies were already looking […]