Data is gathered at regular intervals from source systems such as ERP applications that saves company information. If this data is transferred to a dedicated data warehouse, data quality is enhanced by cleaning, reformatting, and enriching with data from other sources. This data warehouse tutorial will share with you the fundamentals with 6 steps for […]
Data visualization lets us present sets of data through the use of visual elements. You might have seen graphs and charts somewhere on the internet, which is a perfect example. But what are the key benefits of data visualization? If you are asking yourself the same question, you’ve landed in the right place. In this […]
Operating in an ever-changing market, many SMEs (Small and Medium-size Enterprises) are facing challenges and struggling to survive. Constant pressure comes from improving and maintaining profits and competitive advantage, as well as handling increasing customer demand to maintain their foothold. Especially in light of COVID-19 pandemic, where the future remains unpredictable for SMEs, but it is […]
Partnering with a Data Analytics Agency or building an in-house team are two prospective options when it comes to gradually managing data for greater business purposes. Data has undeniably become a great asset of any companies, especially if you are working in any E-commerce or retail business, yet it has never been easy to manage, […]
The world has changed since the introduction of data warehouse. Data warehouse requires greater storage, networking, and computing, due to the volume and diversity of data collected by enterprises. The volume of business data is growing enormously as companies increase their client base and adopt new technologies. As a result, the global data warehousing […]
Inventory is the most important section of a company, ranging from different industries, such as retail, manufacturing, and F&B. Proper inventory management strategies can help businesses control their assets and avoid shortage of products. On the other hand, inventory can be considered as “liability”. A large warehouse contains risks from theft, damage, fees,etc. Plus, […]
Retail Location Analytics supports businesses with robust conditions to directly approach customers, attract new product users, penetrate and dominate new markets, and promote the production process. This is an essential link to business development, increasing sales, revenue and profit. What is Retail Location Analytics? Location analytics is extracting more valuable insights by adding a layer […]
The rapid growth of the retail industry comes with big data and the need for retail analytics. In the retail market, global big data analytics are worth $4,854 million in 2020 and will continue to rocket at $25,560 million by 2028. Retail analytics has grown significantly and optimising it can help your eCommerce business unlock […]
Data science employs specific methods, processes, algorithms, and systems to draw insights from data. And leveraging the maximum benefit of this data to make important decisions is a primary strategy practice for any company. Still vague about data science applications in retail industry? Have a look at the use cases top case studies of data […]
Customers have been leaving feedback more than ever before, and businesses amass that customer feedback data for numerous purposes. However, most companies do not capitalize on customer feedback analysis, making the data useless. The analysis of customer feedback data enables you to draw insightful, actionable information from your customers. And when you do it the […]