All business which hope to even marginally successful will inevitably track certain metrics as a matter of course. All businesses, for example, will keep a clear record of their quarterly earnings, their personnel expenses, and so on and so forth.Not all businesses, however, take things to the next level...
What’s the real benefit of using data analytics in healthcare? The end goal should be to improve the functionality of hospitals and develop better treatments. In both of these scenarios, patients should receive better care at a more affordable cost.It’s no secret...
What is Big Data?This is a term used to describe the enormous data sets that can be collected and analyzed computationally to expose the underlying patterns of associations and trends in businesses, especially regarding human behavior and their consumption trends. It has been described as the oil of the...
Automated price monitoring and price adjustments are an essential part of retail operations to stay competitive. There are many retail analytics and price optimization solutions that come with a comprehensive price monitoring facility built in.The Top 5 Price Monitoring Solutions There are many good software that help with price monitoring...
When you want to go into business for yourself, it’s not easy to know exactly what it is that you want to do. Because some people will know exactly where their entrepreneurial ambitions should lie, but others won’t. Some will just know that they want to run their own...
Your hotel begins collecting customer data the moment a traveler searches for accommodations in their destination city, giving you multiple points from which you can draw conclusions about your target audience. This information makes up the collective pool of “big data” now exerting a heavy influence on the hospitality...
Cloud technology has changed the world in ways even Isaac Asimov could never have predicted. It's responsible for the emergence of big data, which allows brands to store troves of information they need to run efficiently and more profitably. Of course, the cloud and big data would be useless...