Data Analytics News Roundup: Moody’s Analytics Edition
Follow Moody’s Analytics, the global ratings agency’s research and analysis wing, released its latest economic research report this week with information and predictions on the world’s economies. This week’s Data Analytics News Roundup has information on the report to help business decision makers shape their next moves. Experian/Moody’s Analytics’ Report Shows Small-Business Credit Quality Continued to Improve in Q2, Lifting Index to Highest Point on Record at The Wall Street Journal: “Findings from the report showed that small firms have steadily...
Read More3 Myths About Data Analytics
Follow Data analytics is the art of using the data your business already collects to spot trends and patterns that might not be visible to the naked eye, and then make informed decisions. There’s a lot of buzz about data analytics in the news these days, and a lot of misinformation. As a guy who spends a lot of time thinking about data analytics and working up solutions for clients of all sizes, I thought I’d clear up a few of the most common misconceptions. Data Analytics Myth 1: It’s just for solving complicated problems for big companies, period. Reality: Most managers...
Read MoreData Analytics News Roundup: NSA Data Collection Edition
Follow The National Security Agency is under the nation’s scrutinizing gaze following its contractor Edward Snowden’s leaks this May about its massive telephone and Internet data collection programs. The NSA data collection efforts have sparked serious concern and controversy among Americans and others around the world, but the U.S. agency is far from alone in its efforts to collect and analyze the data trail all of us leave in our wake these days. The NSA data collection creeps people out and makes them uncomfortable because it’s being done by the federal government and...
Read MoreUsing Data Analytics to Increase the Value of Every Customer Interaction
Follow People typically go into business to sell things that they like – or skills that they are good at — to their customers. Keeping those customers happy — and willing to part with their money — is the lifeblood of any successful business. So how do you know if they are really happy? Data analytics can help, if you’re gathering the right information and using the right tools to analyze it. Here’s how: Who Are Your High Value Customers? Customer profitability analysis allows you to learn which customers buy the most goods and services from you and at the...
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