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Zero-ETL: The Next Best Thing or Another Buzz Word?
No-ETL processes have gained popularity in recent years, especially in the context of big data and cloud computing. What is Zero-ETL? The idea behind Zero-ETL is to eliminate the need for traditional ETL processes by processing data in place, where it already resides, without the need for separate ETL tools, systems, or processes. Without any…
Read MoreWhat Business Data Should You Protect With Encryption? Avoid the Disaster
Running any kind of business today without collecting user data is nearly impossible. All companies may hold confidential client information on their servers, whether they are privately owned enterprises or public healthcare institutions. Exposing such data to third parties or malicious actors could lead to hefty fines and irreversible damage to reputation, as Marriott Hotel…
Read MoreCustomer Segmentation: A Data-Driven Approach To Improving Customer Experience
In this post, you will learn how data analytics enabled one of our clients to build customer segmentation and helped them tailor online marketing strategies and improve the experience in their facilities. Customer Profile This company operates a chain of fitness centers across the country. Their membership model is based on affordable monthly fees and…
Read More2023’s Top 3 Data Trends and Predictions for Businesses
Data, and its resulting insights, are vital for any modern business. We all know this. But with 2023 well and truly underway, we need to ask “what’s next?” The main thing is this: the world is turning to smarter data management. For example, BI (Business Intelligence), which refers to applications and technologies employed in gathering,…
Read More5 Types of Data Analytics to Drive Your Business
With the widespread use of technology and the increasing digitalisation of businesses, companies now have access to vast amounts of self-generated data from multiple sources. And with data comes opportunity. But what good is all that data if you can’t easily interpret it? How do you separate the useful data from the rubbish? This is…
Read MoreBusiness Intelligence: Benefits for the Retail Industry
Big Data has been a revolutionary concept for global industries and changed how we do business. Business intelligence is currently valued at $14.7 billion and is expected to grow by $8.15 billion between 2022 and 2026. All of its applications are critical for effective strategy development, but retail business intelligence has a special significance. A…
Read MoreThe 7 Biggest Data Analytics Myths Debunked
Despite the clear advantages of data analysis to some of the biggest names in tech and business, from Meta to Amazon, there is still a stigma attached to the practice. The realities of data analytics, however, have been obscured by myths. In this article, we will shine a light on the truth. Introduction to Data…
Read MoreWhat’s Data Literacy and Why Is It Important?
Data has become a fundamental aspect of business operations in the growing digital-first global economy. As a result, learning how to extract, analyze, store, and use data from different sources has become crucial for driving business value. However, many businesses, especially those digitalizing their operations to make data-driven decisions don’t have the knowledge to tap…
Read MoreTop 5 of Data Management Pain Points In 2022
Creating a data-driven culture is not the only challenge that organizations and data professionals must overcome to get value out of the data collected and its analysis. There are many other data management pain points or challenges to overcome. The following are the top 5 challenges for data management and the strategies to overcome them.…
Read MoreWhy Demand Forecasting Is Important in Supply Chain
The COVID-19 pandemic was unanticipated and severely disrupted logistics worldwide. According to statistics, the global supply chain pressure index increased from 0.01 in December 2019 to 3.15 in April 2020. While few people could have predicted the chaos the pandemic would cause, the impact led several to start incorporating demand forecasting in the supply chain.…
Read MoreHow Machine Learning Can Improve Demand Forecasting
Machine learning has seen one of the most rapid growths, its market value increasing from $1.03 billion in 2016 to $15.44 billion in 2021. This innovation has also outperformed expert predictions and gained a strong foothold in the commercial industry. The reason is that businesses have benefited from its applications, succeeding at enhancing demand forecasting…
Read MoreData Reliability: A Challenge to Address to Becoming Data-Driven
Everyone wants to be a data driver. But to be data-driven, you first need to have reliable data. Having data is quite different from having reliable data, which is also different from being data-driven. To paint a clear picture, let’s take a scenario where two marketing executives present different sales figures for the same quarter…
Read MoreHow to Choose The Right Data Platform That’ll Meet Your Needs
The business world today runs on data. Regardless of your industry or organization size, data powers strategic decision-making, reveals hidden waste generators eating into your bottom line, and unearths new revenue streams. However, data alone can’t execute all the above. Your business must gather tech solutions that connect all the relevant data sources. You’ll need…
Read MoreData Lifecycle Management: A Simple and Complete Explanation
Enterprise data can no longer be thought of as separate chunks of information. Today, data is not only everywhere, but it’s also interconnected. At any given organization, the same dataset passes through multiple hands and is used to make informed decisions across departments. Enterprise data has evolved into a homogenous living thing that flows throughout…
Read More5 Ways eCommerce Can Benefit from Cloud Computing
The oversaturated eCommerce market is dictating its terms of competitiveness. Now minor weaknesses and delays can cost thousands of losses and paralyze your business. Therefore, online store owners need to be flexible, intelligent, and also grasp the latest innovations to use to their advantage. Retailers take different steps, such as building a headless commerce structure…
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