Typical business intelligence implementations allow business users to easily consume data specific to their goals and daily tasks. The ability to analyze both past and present events unlocks information about the current state and is essential for remaining competitive in today’s data-forward market. With that in mind, there are some common business intelligence challenges that […]
Data Science Solutions: Applications and Use Cases
Data Science is a broad field with many potential applications. It’s not just about analyzing data and modeling algorithms, but it also reinvents the way businesses operate and how different departments interact. Data scientists solve complex problems every day, leveraging a variety of Data Science solutions to tackle issues like processing unstructured data, finding patterns […]
Can Predictive Analytics Provide Accurate Results Without Burdening Users?
If your business is struggling to forecast and predict outcomes and results, your management team is probably considering predictive analytics. The technology research firm Gartner states that “by 2025, 50% of data scientist activities will be automated by artificial intelligence, easing the acute talent shortage.” For the average team member, the concept of predictive analytics may seem daunting, […]
Key Trends in Data and Analytics
In today’s world of unprecedented connectivity and advances in technology, the benefits of big data are accessible to even modestly scaled businesses. Indeed, business leaders who resist the shift to digital transformation do so at their own risk. But harnessing the power of data and analytics requires careful planning, preparation, and commitment. Where to begin? […]
Is Your Business Ready for Data Science?
As data science and AI technologies become more integrated into everyday business processes, more and more companies are seeing their tremendous benefits. But there are challenges with successfully deploying AI in a manner that drives measurable business outcomes. I wanted to share with you some of the best ways to address those challenges and help […]
Data Analytics Tools: Features and Functions
Today’s business environment is inherently data-driven. Businesses need data to stay competitive and grow their market presence – data is regarded as the “currency” of the modern world and the key to the future. Data analytics, in turn, is the process of discovering trends and patterns in large amounts of data to make intelligent decisions. It […]
The Impact of Predictive Analytics on the Global Food System
With over 12,000 years of experience in agriculture, humans have learned quite a bit about the many aspects of agriculture. From plant domestication to farming, agriculture has grown to be the backbone of the world – providing food, fuel, feed, and fiber. What was once dominated by ox and plows now relies on technologically driven tractors. Decisions […]
How Cloud and AI Are Creating Unprecedented Opportunities for Forward-Thinking Enterprises
Artificial intelligence (AI) and cloud computing have been around for a while and are the finest modern-day cognitive technologies, with 94% of the enterprises already using cloud services. Lately, some of the biggest tech giants have thought about the conglomeration of cloud and AI to create unprecedented business opportunities. The cloud AI market revenue was $5.2 billion in 2020 […]
Types of Analytics Used in Organizations
Data analytics in businesses help uncover competitive intelligence, actionable insights and trends. Different types of analytics enable businesses to gain an edge over their competitors. In the “data first” era, data-driven insights and decisions have become the key drivers of business performance. This post reviews the different types of data analytics routinely used in enterprises. […]
AI: The Key That Unlocks Clinical Trials and Matches Patients with Prospective Therapies
Thanks to ever-evolving advancements in modern medicine, many diseases and medical conditions with severe sequelae can now be treated through therapies not yet on the market. The clearest example of this was patients getting early access to the COVID vaccines during trials that undoubtedly saved lives. But while a clinical trial may potentially save a patient’s […]