Tuesday, July 8

Tag: data analytics

Grow Your Business

How to Use Data Analytics to Drive Business Growth

Data analytics is an invaluable tool for businesses looking to increase their growth and profits. By leveraging data insights, companies can gain a better understanding of their customers, optimize operations, and identify new growth opportunities. With the help of data analytics tools and techniques, businesses can make informed decisions that will drive their success in the long term. So here's how to use data analytics to drive business growth and unlock your company’s hidden potential, the importance of gathering accurate customer information, as well as strategies for analyzing and interpreting that data to uncover valuable insights about customer behavior and preferences. Collect Accurate DataTo get the most out of data analytics, it’s essential to start by collectin...
The Power Of Data Analytics For Non-Profits
Infographic

The Power Of Data Analytics For Non-Profits

There’s a lot happening in the world of Big Data, machine learning and AI. How can these technological advances be put to good use for non-profit organizations? Short answer: in more ways than expected. Here is a look into what data analytics is and some of the ways NPOs can benefit.To start, what is data analytics? Essentially, it is the process of analyzing raw data in order to transform it into usable information. Raw data can come in the form of annual donation numbers, volunteer details, donor demographics and more. Gathering data is just the start. It can be somewhat meaningless unless it is computationally evaluated and made into something actionable. Through the detection, interpretation and communication of meaningful patterns, data analytics can convert data into relevant and...
Top 10 Trends in Data Analytics to Expect in 2021
Technology

Top 10 Trends in Data Analytics to Expect in 2021

The rise of big data has a revolutionary impact on the economy as the technologies change and digitalisation became a new trend. The main driver of the increasing role of data and data analytics is the growing complexity of information that companies gather and process. All information that the businesses have comprise the big data that is actively used to extract more knowledge about the markets. consumers and consumer behaviour. Furthermore, the big data and data analytics are new and growing trends. The data analytics continues to evolve and it is expected that in 2021 there will be new technologies and ways the firms refine and process the data. This article discusses new trends in data analytics and the future of the industry.1. Big Data and Data AnalyticsThe first step is...