Structured information can define or identify behaviors while unstructured data provides a more complete explanation, description or prediction of a particular behavior or change in demand. The key is to extract what you need to know to make informed decisions for your organization.
Big data helps marketers gather insights about their customers in order to engage with them more effectively. Using business analytics helps companies develop smarter business strategies and target customer needs by focusing their messaging of a product or service on what is best for the consumer...
A number of corporations are learning how to gather big data through behavioral analyses and other methods to reveal the things they don’t know or aren’t even thinking about when it comes to prospective employees.
Analytics has become a driving force in college basketball. Data is examined and analyzed when making decisions about player recruitment, team building and management, game planning, and strategy to find ways to achieve results beyond relying on athletic ability.
Using business analytics, companies explore data to make smart decisions based on relevant information extracted. Built on statistical data, analytics can drive business planning even though it requires a comprehensive understanding of the volume and variety of information.
The business world has embraced the use of analytics to streamline operations and improve processes. But implementing analytics data is not as easy as it seems.