How Predictive Analytics is transforming the insurance sector?

Data analytics is not only used in the technology sector now. It has permeated through every industry. Each industry is implementing data analytics in its own way and finding value in it. Insurance Industry is one such were data analytics plays a big role. To be fair, Insurance companies have long used analytics to find the loss in property or to analyze the damage. But, with enormous computing resources and ...

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Different open-source data analytic tools

Data Analytics is a growing field that is becoming a significant part of any business field. Due to this popularity, there are lots of tools and software that are available for you to do analytics. Some of them are open-sourced and some of them are proprietary. But, both have their own advantages and disadvantages. When it comes to analytic tools, open-source tools are more popular than the proprietary ones. The ...

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Learn analytics and become a data analyst.

Data Analyst is one of the high paying, in-demand jobs right now. Every company despite its field is becoming data-driven. They are trying to find value with their data. They can outsource the job to other companies or hire their own analyst team. Whatever the decision may be, a data analyst is the one who finds the value in data. Naturally, the demand for data analysts is booming. IBM predicts ...

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Trends in Data Analytics

Data Analytics has seen tremendous growth in the last 5 years. Data Analytics is now not just a luxury item that only big organizations can deploy. In the last decade, the availability of cloud, open-source frameworks, and tools made it possible for even small companies to deploy data analytics. With many small to medium businesses adopting it, the Data Analytics will continue to grow and become ubiquitous. In this ...

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The strategy behind Data Analytics.

If you've been reading my post, then you'd know that data analytics is the most disruptive technology impacting all the organizations. Everywhere around the world, Businesses are trying to become data-driven. That is, they are using the data to improve their performance. For a new business trying to adopt data analytics, a strategy must be created before delving into it. Without a strategy, a variety of things could go wrong implementing ...

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Why Customer Data Analytics matters?

Customer Data Analytics is the process of analyzing the customer data by a business to create a profile about the customer. With that profile, a business can predict user behavior and can target personalized services for them. The business has long understood the value of customer data. By creating a personalized experience with the customer data, they can increase their loyalty with the customer and thereby increase their revenue. Businesses use various ...

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How data analytics brings success to a company?

There is no denying that businesses profit from using data analytics. In today's competitive world, satisfying customers and increasing revenue are becoming a priority for any business. Data analytics helps the business just to that. As businesses become aware of the value of data analytics, they tend to gravitate towards it. Here I've consolidated some of the benefits that business gets from using data analytics. Better Decision making With the vast amount of ...

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The cools ways in which Spotify recommends music to you.

Today, Spotify is the world's leading music streaming company with over 150 million years. When it was launched in 2008, streaming music via the internet was already there. But what made Spotify unique was its use of data analytics to curate playlist. Spotify generates an astonishing amount of data each day. It uses these data effectively to generate insights. With these insights, it creates a personalized playlist for each user based ...

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Data Analytics in Retail Industry.

The competition in the retail market is really high. With the need to satisfy customers and increase profit, the retail companies are using data analytics in all stages of the retail process. The online retail companies like Amazon, e-bay were one of the first to use data analytics in the retail industry. Data Analytics made online retail companies grow exponentially. Seeing the success and the value in the analytics, offline retail ...

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How Data Analytics is transforming the education sector?

Data Analytics can be used in any industry that produces data. First used in the technology sector, data analytics slowly spread to other industries. Now, it is transforming almost every industry by providing valuable insights. One particular Industry where Data Analytics has worked its magic well is the education sector. Education is the core of every other sector. For a long time, the education sector has not gone through any significant ...

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