What's new for businesses that use data analytics


We all know data analytics plays a significant role in the growth of a business but new in this field. Let's delve in and find out -

·         Data Quality Management is to become more prominent in the days to come.

·         We will be using Data Management, Security and Accessibility to Scale Up.

·         Digital Privacy – a factor to consider for everyone in business now.

·         Augmented Analytics to Take Centre Role

·         The Cloud will continue to Reign

·         And Predictive and Prescriptive Analytics – another factor to consider.

·         Embedded Analytics will Rise

·         Artificial Intelligence and Automation will augment the Consumer Experience

·         Personalization is the buzz word

All the above can be achieved with data analytics for business growth. Now it's time to ponder - Is the future of business analytics bright? Well, it's bright enough to eradicate any doubts. With concepts like the inclusion of customization, AI, data quality management, and more, the field of business analytics is here to stay. And as companies continue to be hungry for growth and the competition being ever so severe concerning customer data, we're also going to see an ever-so-bigger need for security and privacy in business analytics.

However bright is the future of business data analytics, it needs a platform as a launchpad to sustain businesses' growth. For which we at Analytics Genie – A global analytics marketplace, take full responsibility. It's a platform that facilitates development for clients and vendors alike. So visit Analytics Genie Sign up today and satisfy your quest for knowledge when it comes to business data analytics.

Location: United States

Comments

Post a Comment

Popular posts from this blog

Global Analytics Marketplace: Do we need one?

Image
A good question in a time like this. Before we delve into this topic, let's find out the meaning of the term "Global Analytics Marketplace." Leading technology companies like Analytics Genie connect analytics decision-makers with analytics service providers worldwide in a platform called Analytics Marketplace.  It is here the company is helping its clients find their requirements by matching them with specialized vendors. They believe that clients are looking for specialization and industry expertise from their partners as they grow. Now to the question - do we need one? The answer to it is - yes. Let's retake the example of Analytics Genie. Here the platform allows its clients and vendors to collaborate and find their right match according to their specific requirements. And also, it uses analytics to make people's lives better by ensuring growth. Now that there is clarity about the benefits of a Global Analytics Marketplace, let's begin by analyzing it
Read more

Data Analytics Services: How to Select the Right Provider

Image
Analytics leaders rarely have the internal resources necessary to accelerate and scale solutions that deliver business value. The challenge is deciding which data analytics service provider is right for your organization in a market that has hundreds of possible options. When to choose a data analytics service provider Although there's no right time to select an analytics provider , there are a few factors that might indicate which analytics provider would be right for your organization: Expenses- Are you spending valuable time and money on maintaining your outdated and legacy technology? A reliable system would eliminate such expenses Shifts in market conditions – Does your organization have the capability to respond to market shifts? A new analytics marketplace platform might be required if you are increasingly challenged in this area, since those with advanced analytics solutions are better able to react to market changes . Implementing a new analytics solution can be costly,
Read more

The KPIs to measure the growth of an analytics marketplace

Image
A data analytics marketplace has been growing tremendously. Every organization, from an IT producer to a business consumer, finds it an asset to automate complex processes, drive strategic insights, and personalize customer experiences. There have been frequent headlines about data; Be it data-as-a-service, data breaches, data leveraging, data management, and more. Businesses strive to implement self-service data access to quickly find, understand, and leverage it for specific requirements. They need analyst vendors to curate an agile and on-demand approach to bring the trusted reports of business analytics.  The data analytics marketplace caters to several business requirements, so it has to evolve its functioning for up-gradation.  4 key performance indicators (KPIs) that can measure the growth of the analytics marketplace include  1. The early adopters of the marketplace have to allot much time for analysis. As time and proficiency grow, upgraded skills reduce analysis time from mo
Read more