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Showing posts with the label Big Data Analytics

How Data Analytics Helps in Business and Finance Sector to Drive Growth

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  A significant trend, data analytics, has been garnering the limelight for a while. It is emerging as an important tool in intelligent decision-making and reporting. Organizations are employing data analytics to discover new insights and make better decisions, as well as to gain a competitive advantage. Businesses are implementing new operations in their journey of data analytics in finance. They are employing the assembled data by using big data technologies to enhance their performance metrics across different departments like sales, finance, customer service, marketing, etc.  Finding the Needle in the Data Haystack   One of the most vital aspects of data analytics implementation is recognizing valuable insights from data. With so much information to filter through, it is important for businesses to appoint a partner that can help them find the needle in the data haystack.  But implementing  data analytics  is no easy task. Data analysts should be h...

Black Friday 2022: Will Inflation Impact Holiday Shopping for Consumers?

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  Predicted to be the busiest shopping day, Black Friday attracts several shopping visits for the holiday season in the U.S. Black Friday is positively the biggest shopping day of the year. There is a ritual of shopping on Black Friday, making it an occasion as much as a day to buy something.  Shopping visits to a retail store year-to-date for 2022 are expected to be flat compared to last year for the same period. However, in the years leading to the pandemic, foot traffic to retail stores was trending down about 5%. Taking this into consideration, 2022 being flat can be considered a positive sign.  Considering the fuel prices in 2022, many retailers are reporting that customers are making fewer trips to the stores and bundling purchases to spend more money per trip. While inflationary pricing may not have significantly impacted consumer spending, the total retail sales went up 9.9% in August 2022.  The steady organic improvement in shopper visits indicates that infl...

2023 Forecast: How are Emerging Data Analytics Trends Shaping Edtech Globally?

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  The advent of the global pandemic forced school closures worldwide. After over two years, countries are still striving to ensure education continuity despite the emerging uncertainties. In the absence of the vaccine protocol, full-scale face-to-face learning top a backseat and paved the way for an online mode of learning. Thousands of schools globally started perceiving a return to classrooms as a distant dream.   Edtech is assisting students and professionals in learning at their own pace through a customized curriculum. Some of the crucial benefits of Edtech include democratizing education, helping to build the knowledge economy, and enhancing the curriculum for the development of students as per industry-standard skills.   Today, edtech is not just about reformatting books and training manuals for educators; it is developing a new form of learning architecture for all. Upcoming edtech innovations are set to transition the future of how education is resource...