Data visualization is extremely effective in helping executives and other users to absorb information and gain new insights into business and operational trends. It opens up new ways for knowledge workers to absorb information. For instance, a study of office workers conducted by Mindlab International at The Sussex Innovation Centre… Read More →
According to IDC, there will be 40 zettabytes – that’s 40 trillion gigabytes – of big data by 2020. Companies will need to have a strategic approach to dealing with this much data. “Visualization is being incorporated into more and more business intelligence strategies to help drive dollars back to… Read More →
In today’s hyper-competitive global economy, it’s becoming increasingly difficult for companies to differentiate themselves by price or product. However, one distinction that every company has to its advantage is unique information about its customers that it’s able to act on.
Good art hangs on walls; great art spurs conversation. Infographics are everywhere. So, too, are charts, graphs, maps and all manner of data visualizations used by companies to predict futures and make decisions.
One of the key challenges business leaders face today is how to turn the volumes of data gathered from a variety of sources into actionable insights. In fact, 96 percent of the 144 CFOs and CIOs surveyed by KPMG admit that untapped benefits from using data remain on the table. As a… Read More →
With a hint of autumn in the air across the US and NFL training camps in full swing, Fantasy Football “owners” are scouring data looking for an edge in draft preparation. Simply, effective Fantasy Football draft strategy demands laser-like focus on statistics produced by individual players. High value stats include… Read More →
Increasingly, data and analytics are being used to improve the quality of life for citizens around the world. For example, in September the United Nations’ Global Pulse project and the Secretary General’s Climate Change Support Team will be hosting the Big Data Climate Challenge, a competition to encourage the use… Read More →
There are multiple factors that can impact revenue and earnings growth, including changes in the cost of goods, product demand, and variable and fixed business costs. While these factors might be apparent to business leaders who track them day in and day out, it can be challenging to communicate the… Read More →
Much of the vast potential associated with big data lies in its ability to allow executives to make better business decisions grounded in quantitative insight rather than past experience or intuition. However, merely handing over reports or spreadsheets, populated with the numerical results of analyses of large volumes of data… Read More →
For companies engaged in research and development (R&D) across different industries, from consumer packaged goods (CPG) to energy, data visualization offers terrific opportunities to identify new products that can be brought to market. It can also reveal advances that can make or break a product’s success. Identify Patterns Data visualization… Read More →