How Businesses Make Decisions Today
A single decision can make or break a business. Case in point: Blockbuster Video passed on Netflix in the early 2000s. Not all business decisions have such a cut-and-dry outcome, of course. Many of them end up being routine — just ...
Big Data is Stirring Disruption In The Healthcare Industry
The Big Data industry is growing at a fast pace. A lot of investment is being done in the field of healthcare technology. Healthcare technology includes, practice management solutions, electronic health records, workforce management programs, healthcare mobile applications etc., and ...
The Importance of Data Lineage
The new critical area of business intelligence is to collect and manage large amounts of data to assist your company with making better decisions. Today data is collected on an up to the minute basis and key decisions are made ...
How Big Data is Transforming the Construction Industry?
The construction industry handles some of the costliest and time-consuming projects in the world. A considerable amount of resources and manual labor is used in a major construction work which generates tons of data.
Hence, it is essential to take all ...
Product and Inventory Tracking: How Is It Helpful to Businesses?
Whether in the retail, physical warehousing or production sectors, being able to track individual barcodes, batches or lots of goods is an essential ability. When dealing with sufficient volume, it’s impossible to keep current with what goods came from where ...
How Analytics can help you Prevent Customer Problems Before they arise
Foreseeing a complex situation before it arises, and acting on the problem to prevent losses, is fundamental to the success of any business. With predictive data now available, organizations can work to address problems, and minimize consumer churn and complications.
Establishing ...
How to Use Strategies to Get Your Business Out of Trouble
Sometimes no matter how hard you try, problems can occur in your business that leaves you needing to think of solutions to keep it afloat. It might be that there has been a slowdown in sales, or perhaps a shortage ...
Strategies To Help You Build A Better Small Business
Owning a small business is a great accomplishment and a promising career path if you make wise management decisions. Recognize that there are always ways for how you can be doing a better job and creating a stronger foundation for ...
Data analytics: A Popular New Field for Business Students
Data analytics is a relatively new field but it’s one that is taking the business world by storm, thanks to the power it holds to extract profitable customer insights and organize information in a streamlined and cost-efficient way. There are ...
How Big Data is Changing Law Enforcement
Violent crime is down in the U.S. It’s been going down since the 1970s.
“Using the FBI numbers, the violent crime rate fell 48% between 1993 and 2016,” according to Pew Research. “Using the BJS data, the rate fell 74% during ...