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Predictive Analytics for Dummies: Breaking Down the Key Benefits

Posted by TADA on 2/8/18 11:00 AM


Predictive analytics is an idea that’s garnered much attention over the past several years.

In fact, Google Trends shows that interest in the term has increased 76 percent since January 2013.

Predictive analytics is a combination of data analysis technologies and statistical techniques such as data mining, artificial intelligence, and machine learning. The discipline relies on existing information to recognize patterns and make predictions about the future.

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Want Better Information on Your Business? Consider Predictive Analytics Software

Posted by TADA on 2/6/18 11:00 AM

Predictive analytics is an area of your business that’s ripe for potential.

Consider that organizations were looking to invest $57 billion in hardware, software, and professional services for big data in 2017. That number was expected to grow to $76 billion by the end of 2020.

Why should you be considering predictive analytics for your organization?

According to HBR, predictive analytics should be viewed as more than just a money drain. “The value derived … can greatly exceed the cost of the infrastructure,” they report. 

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What is a Digital Duplicate?

Posted by TADA on 1/25/18 11:00 AM

Developing products in a timely manner is vital for a supply-chain organization.

That should not surprise you.

What may surprise you, however, is that 89 percent of these organizations “agree that they have disparate legacy systems that impact the speed of development.”

That number is according to PointSource CTO Barry Pellas in an article for Manufacturing Business Technology

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Big Data Analytics: Work Smarter, Not Harder

Posted by TADA on 1/22/18 11:00 AM

Most organizations value data but not many can adequately use it.

Many companies with a structure in place for big data analytics struggle to harness its power.

That’s why data analysts are so valuable to a company—they know how to harness the power of a data analytics tool.


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What's the Typical Learning Curve for Business Analytics Software?

Posted by TADA on 1/17/18 11:00 AM

It is intimidating to learn a piece of business analytics software. You may have general knowledge about what you’re trying to accomplish, but doing so in a new environment can be both unfamiliar and clunky.

The good news is that you’re already experienced in the subject matter. If you would like to brush up on your business intelligence skills, or learn new ones entirely, you can check out Lynda’s library.

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Digital Duplicate Covers Gartner's Top 10 Tech Trends

Posted by TADA on 1/11/18 3:21 PM

Toward the end of the year, many organizations and firms look back at the year that was and make predictions about the coming year.

The technology research firm Gartner is one of those firms, as they recently announced their top 10 technology trends for 2018.


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Analytics Software: The Analyst's Role in Implementation

Posted by TADA on 1/9/18 11:00 AM

It can be easy to think that once an organization has purchased analytics software, that software will instantaneously provide a return on investment.  

While analytics software is definitely a boon for business, the data analyst is actually who shines.

Data analysts are tasked with taking data gleaned from the software and turning them into actionable insights for stakeholders so that they can make decisions to move the business forward.

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Improving Business Visibility to Suppliers Overseas

Posted by TADA on 12/27/17 10:00 AM

Just because your company reaches countries around the world doesn’t mean you have to lose sight of your supplier network.

Technological advances have actually improved supply chain management.

However, with newer technology comes an influx of big data, and that has led to a number of challenges in businesses with many moving parts. 

In this article, we’ll look at what big data is and how managers are attempting to use it to optimize their supply chain.

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Stuck in Silos: How to Improve Your Line of Sight with Data

Posted by TADA on 12/20/17 10:00 AM

We create lots of data every day.

Every minute, we search Google 3.8 million times, watch 79 years worth of video, and send nearly half a million tweets, according to InternetLiveStats and Youtube.

Add on top of that more work-specific tasks such as logging information in a CRM or testing a new product, and you can see how companies are overwhelmed by data.

One of the biggest issues with all of the data we generate is that it usually gets siloed. 

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4 Insidious Causes for Poor Line of Sight in Business

Posted by TADA on 12/15/17 10:00 AM

There are many reasons that senior leadership at a company may have poor visibility into their business. In this post, we’ll discuss what we consider the primary reasons. Then, we’ll help you understand how to solve these problems to see real results in your business.

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