6 minutes read The global retail analytics industry is expected to be worth $18.33 billion in 2028, growing at a 17.7 percent CAGR between 2021 and 2028. This is evident that chain managers are racing to adopt new technologies to aid their business. Analytics for retail can be helpful in all sales channels, from in-store to online selling […]
6 minutes read Sales forecasting has a substantial role in every business’s success when making informed decisions. Yet, most predictions are usually less than 75% precise. In this case, Predictive Analytics technology can help us make the most tangible strategy based on data and reasonable information. This article will demonstrate how to build a reliable sales forecast using Predictive […]
7 minutes read Predictive analytics is suggested to be a vital tool for businesses in the data-driven age. Even though it is one of the main pillars of data analytics, many business leaders have limited resources to approach prediction in decision-making comprehensively. Instead of guesswork and following my instincts, data forms a fundamental base for better strategy while […]
8 minutes read Behavioral analytics tool is changing how businesses become more profitable and serve their customers better. Your business needs to know these things if you want to keep up with the trends in the digital era. To get there, you need high-quality tools that help predict customer behavior and provide actionable insight into what your customers […]
6 minutes read Every mouse click and movement on the screen reveals something about the user’s habits. This information can be utilized to attract new potential customers to your business better. Understanding customers’ behavior is a crucial key to providing the best service. Instead of guessing and providing things unintentionally, Behavioral Analytics allows you to discover precisely how […]
8 minutes read Data Maturity Assessment is a must for any companies going on a data-driven transformation journey. Just like a body that needs to be checked up annually to make sure everything goes well, your business should also spend some time measuring your organization’s data governance to improve and increase capability in using data better. Here is […]
5 minutes read Data visualization is a must for every data scientist and business to make numbers and metrics more approachable. Yet, the simple one-dimensional or two-dimensional graphs might not be enough to fully present the dataset and provide most valuable insights that you are expecting. Thus, the idea of using 3D Data Visualization comes in clutch by […]
5 minutes read Marketing data is everywhere. Yet, the most valuable insights are usually wrapped up in unstructured data and not easy to extract. As a result, data analytics for marketing come in clutch. With all the advanced technology today, data analytics provides marketers and business leaders with a vision to thrive and transform their businesses. So, what […]
6 minutes read You may hear that data is a treasure that will do you good in every business. And you may hear a ton of different ways to make money out of your data, which could generally be known as “data monetization”. In the years to come, data monetization could still be high on the list of […]
8 minutes read A survey by Statista showed that 70% of decision-makers in the e-commerce world assumed that Artificial Intelligence (AI) would enhance their business by offering personalization in the future. And over 51% believed that AI could drive business growth significantly. Things have changed a lot since people are dubious about e-commerce being a thriving business model. The […]
