Click to learn more about author Nahla Davies. In an increasingly tech-reliant world, data informs and powers much of our day-to-day lives. Data can be used to enhance AI capabilities, create personalized experiences, or be applied in medical research to help save lives. However, the biggest question remains: What is the best method to store, […]
5 Critical Factors to Consider When Choosing a Data Warehouse Solution
Click to learn more about author Ammar Ali. We have seen an unprecedented increase in modern data warehouse solutions among enterprises in recent years. Experts believe that this trend will continue: The global data warehousing market is projected to reach $51.18 billion by 2028. The reason is pretty obvious – businesses want to leverage the power of data […]
A Brief History of Analytics
Historically speaking, a simple definition of analytics is “the study of analysis.” A more useful, more modern description would suggest “data analytics” is an important tool for gaining business insights and providing tailored responses to customers. Data analytics, sometimes abbreviated to “analytics,” has become increasingly important for organizations of all sizes. The practice of data […]
Case Study: Predictive Analytics and Data Science Keep an Eye on the Weather
Weather companies want to do their best so that consumers and businesses can have reliable forecasts – not just for the day but in advance of it. Accuracy matters to weather services such as the Weather Channel and AccuWeather and predictive analytics, along with Data Science, is allowing them to get more precise weather reports […]
Data Science and AI Use Cases
A business use case is generally defined as a sequence of business actions that lead to a predetermined, value-added outcome. Data Flair shares the Top 6 Data Science Use Cases slated to bring in another industrial revolution. From banking to transportation in the physical business world, and from social media to e-commerce on the digital business […]
Case Study: PrecisionProfile Advances Healthcare Analytics with Improved Data Preparation
There’s one phrase that people never want to hear from their doctor: “I’m sorry, but you have cancer.” According to the National Cancer Institute, an estimated 1,735,350 new cases of cancer will be diagnosed in the United States this year and 609,640 people will die from the disease. Fortunately, and despite these statistics, many types […]
Why Use Interactive Financial Dashboards for Reporting? A Complete Guide
Click to learn more about author Ashok Sharma. Humans process visual data far more quickly and effectively than other ways of presenting information. The need for visual data, which speaks for thousands of words, has sparked the emergence of interactive dashboards. This tool has become a go-to solution for enabling people in business environments to […]
Why Reusable Data Cores Are Key to Future-Proofing Enterprises
Click here to learn more about author Sri Raghavan. The enterprise of the future is built on data. Today’s business leaders generally understand that data is critical to rapidly increasing revenue and profitability. Yet most businesses still treat data as a siloed commodity and manage it poorly, leaving many employees unable to access important data […]
How is Bad Data Crippling Your Data Analytics?
Some striking evidence of the impact of bad data can be found in fake email IDs, impersonations on social media, or misuse of stolen financial or personal information. The more widespread harm can be caused by bad data in Data Analytics, where anything from the wrong medical diagnosis to incorrect interpretation of stock history can […]
Health Care: How to Create a Data-Driven Mindset and Skills
Click to learn more about author Helena Schwenk. Health care organizations across the world are in varying stages of maturity when it comes to data and working with their data assets. Sure, they all store and manage their data in some way, but in 2021, I hope forward-thinking organizations are addressing the key questions. What’s […]