Unlocking the power of geospatial data can give organizations a competitive edge, from optimizing supply chain logistics and enhancing customer experience to mitigating fraud and improving public health outcomes. But despite its far-reaching benefits, many organizations fail to fully harness geospatial data’s potential. Why? Because geospatial data is voluminous, complex, and often distributed across multiple […]
How Analysts Leverage Creativity to Gain Powerful Insights from Alternative Data
Creativity is critical to producing superior results in any field, whether it’s the arts, sciences, or technology. The same can be said for alternative data analysis. The most successful data scientists apply creativity by thinking out of the box when analyzing information to solve challenging problems or understand human behavior. From investment decisions to public policy and […]
The Value of Data Analytics in the Health Care Industry
While the health care industry has lagged a bit behind other industries in adopting artificial intelligence (AI) and machine learning (ML) – and rightfully so, considering very valid security and safety concerns – its leaders have undergone a mindset shift, recognizing the value of technological innovations and data analytics. Since its implementation, data analytics has completely transformed health care, influencing […]
Automated Remediation Can Make Dashboards a Thing of the Past
A convergence of events – including the global pandemic, a shift to remote work, and increased use of the cloud – has accelerated companies’ digital transformations over the past few years and resulted in an ever-growing labyrinth of hybrid networks and endpoints. Digital transformations may have allowed companies to keep up – to a point […]
Will My Career Benefit from Becoming a Citizen Data Scientist?
As a team member within a business environment, you may be familiar with the term “citizen data scientist.” This term has been around for some time and was popularized by Gartner, which defines a citizen data scientist as “a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside […]
How Can Natural Language Processing (NLP) Help My Business?
Research reveals that the global natural language processing (NLP) market size is projected to grow by $33 billion within the next five years, an annual growth rate of 25%. The use of natural language processing for search capability is ubiquitous – from the Google-type “ask a question and get an answer” environment consumers love to the augmented […]
How Descriptive Analytics Leverages Data for Better Decisions
Organizations are recognizing that data can be a powerful business asset, and are investing in data analytics to provide this valuable tool. According to research, more than 95% of all organizations today incorporate data initiatives into their business strategies. However, most businesses falter when it comes to effective and efficient uses of data. Descriptive analytics, the most […]
A Powerful Pair: Modern Data Warehouses and Machine Learning
Artificial intelligence (AI) technologies like machine learning (ML) have changed how we handle and process data. However, AI adoption isn’t simple. Most companies utilize AI only for the tiniest fraction of their data because scaling AI is challenging. Typically, enterprises cannot harness the power of predictive analytics because they don’t have a fully mature data strategy. To […]
Why Embedded BI Is the Best Option for Analytics
When a business considers the implementation of an analytics solution, it may be focused on choosing the easiest, most flexible solution to encourage its users to make analytics part of the process and to incorporate it into everyday tasks to achieve better results. When a business offers embedded BI tools with integration APIs, it provides the […]
Companies Must Develop New Data Muscles to Pivot to Profitable Growth
As the economic environment becomes more somber, companies are focusing on achieving profitable growth and not just growth. Data-driven decisions can accelerate this goal, but organizations must develop new data muscles to get them there. The last few months have been a whirlwind for the business world: slowing growth, bleaker capital markets, layoffs, the possibility […]