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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. Which pricing strategies lead to the best business revenue? ” “Just 26.5%

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Yes, Advanced Business Analytics Can Cut Costs

Smart Data Collective

But at the same time, it’s easy to see why many companies, especially small ones, would be reluctant to implement business analytics tools. There’s an upfront cost for integrating data analytics into a company, and it may not always seem worth it. Minimize Turnover. How much is your company throwing away on employee turnover?

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Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT). One group has declared , “IoT companies will dominate the 2020s: Prepare your resume!” trillion by 2030. trillion by 2030.”.

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Delivering Low-latency Analytics Products for Business Success

Rocket-Powered Data Science

When data science was in its “early days” within businesses, the data scientists mostly worked offline with static sources (like databases or web-based reports) to build and test analytics models for potential deployment in the enterprise. Pure analytics solutions can boost performance all across that data environment.

Analytics 166
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The Journey to Understanding your Insurance Customers

Cloudera

These “Internet of Things” (IoT) devices contain sensors that can provide insights into how customers live, work, drive, exercise, sleep, and more. With the acceleration in digital activities brought on by the pandemic, it is now about keeping momentum to move the strategy forward. . It just does not happen overnight.

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Improving your Customer Centric Merchandising with Location based in-Store Merchandising

Cloudera

The benefits of moving to a customer-centric merchandising strategy. In this blog, which is the second in the series of four, I’d like to examine the benefits of moving away from a product-centric merchandising strategy to a customer-centric merchandising strategy requiring a deeper understanding of customer tastes and preferences.

Sales 58
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Brick and Mortar Stores are Now Built Brick by Brick with Digital Insights

Cloudera

They are armed with more knowledge than ever before, as a result, four strategic pillars have emerged that have resulted as leading retailers and brands have deployed a data-centric strategy enabling a customer-first approach. Reinventing Brick and Mortar is Delivering Fresh Customer Experiences.