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What Are the Core Characteristics of Big Data?
What Are the Core Characteristics of Big Data? It’s been an industry buzzword for well over a decade, is described as the new gold rush for businesses, and has even entered the mainstream public lexicon – but what is big data? Well, the short answer is that it’s simply lots of data. Lots and lots
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What Is Customer Experience, and Why Is Good CX So Important for Good Business?
Focus effectively on customer experience (CX) and your business will witness significant performance improvements across the top- and bottom-line. This is the key takeaway from a recent study by Forrester Consulting, which established that experience-led businesses have 1.6x higher brand awareness, 1.9x higher order values, 1.6x higher customer satisfaction rates, 1.7x higher customer retention rates,
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What Is Data Analytics?
The business world is becoming increasingly data-driven, and, as time goes on, that world is only going to be swamped with even more data as it pours in from a multitude of sources. Most organizations today realize that if they capture and store all of this data, they can apply data analytics to gain significant
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Top 5 Online Resources for Great Data Analytics Courses
Data analytics is becoming a red-hot field, with demand for data scientists and analytics experts continuing to grow strongly in 2019. According to IBM, the number of jobs for data professionals in the US will increase to over 2.7 million by 2020 as more and more organizations seek new recruits with the skills to exploit
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An Introduction to Systems Thinking
One of the biggest breakthroughs in understanding the complexities of an organization can be found in the field of systems thinking. All organizations strive to be as efficient, productive, and profitable as possible. However, in attempting to be so, one of the biggest challenges leaders face is successfully orchestrating the many different divisions, teams and
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Data Analytics Vs. Data Analysis: What’s the Difference?
You say to-mah-to, I say to-may-to, but we can call the whole thing off because, no matter how we pronounce the word, both you and I are referring to the same thing – a plump red fruit that tastes good in a sandwich. There’s no real dispute here – just a variation in pronunciation. What
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Chief Data Officer: Why It’s a Critical Role Now and in the Future
Many analysts deem information to be the most valuable resource in the modern economy, even describing data as the new oil or the new gold rush for businesses. As far as ecommerce and other aspects of business are concerned, how organizations approach data is often the determining factor in their current success and future growth.
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Top 6 Data Analytics Tools
Solid information has always been the basis for sound decision making. In a digital economy, information often presents itself in complex streams – which is why the science and technology of data analytics, coupled with visualization and reporting, are now essential aspects of any digital business. Enterprises of all sizes need powerful data analytics tools
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