Category: Data Analytics

Managing Supply Chain- In-house Team v/s Analytics Platform 

Data is the cornerstone of every business and an important decision-making tool, especially to streamline the supply chain. Here, we’ll discuss the need for supply chain analytics and whether you should opt for an in-house team or pay for an analytical platform.  The supply chain is vital for a manufacturing business and affects brand visibility

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Supply Chain Blind Spots Exposed: How Analytics Can Help?

The pervasive nature of supply chain blind spots has a significant impact on companies, estimated to cost billions annually. The challenges in identifying and addressing these blind spots, including data silos and global supply chain complexity have a far-reaching impact. Supply Chain Analytics analytics play a pivotal role in mitigating risks and optimizing supply chain

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Data Warehousing in Finance – 5 Ways a Data Warehouse Can Improve Your Financial Forecasting

This blog covers basic information about what exactly data warehousing in finance is and the top 5 ways a data warehouse/storage can improve your financial forecasting and reporting! A data warehouse is a centralized storage that allows you to collect, track, and analyze critical data points over time to run your financial operations efficiently and

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The Strategic Role of Hotel Data Analytics in the Hospitality Industry

Recently, as more sectors have come to understand the value of data analytics, we have seen an increase in its adoption. In this regard, the hotel industry is not excluded. Through hotel data analytics, hotels and hotels, and hospitality businesses can gain knowledge of client behavior, preferences, and patterns that allow them to personalize their

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Top 5 Travel Analytics Solutions Companies to Boost Your Business

Data analytics has a crucial role in the ever-changing travel industry. It helps businesses stay at the top of the game while increasing ROI. Here, we’ll discuss the  top  travel analytics solutions provider to partner with in the US market.  The travel industry suffered during the Covid-19 pandemic but is quickly recovering from losses as

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6 Top UK Real Estate Analytics Firms Advancing into the Data Age

The real estate sector in the United Kingdom is going through a transformational phase in recent times. Here, we’ll discuss the top real estate analytics consulting firms in UK and their role in promoting technological adoption in the industry.   The real estate market constantly faces challenges, be it inflation or socioeconomic conditions. According to CBRE,

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Why is Big Data important in the Telecom industry?

Big data in telecom industry enables companies to extract valuable insights, enhance customer experiences, plan investments, and monetize data.  In today’s digital age, the telecom industry has become a crucial pillar for global connectivity and communication. With millions of users and devices generating massive amounts of data every day, the telecom industry has recognized the

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Overcoming Procurement Challenges: Strategies and Solutions

Procurement can be a real nightmare for businesses, from navigating complex regulations to managing multiple suppliers across the globe. One misstep can lead to missed deadlines, poor-quality products, hefty fines, and global supply chain disruption. For instance, The World Economic Forum estimates that disruptions in global supply chains can lead to a loss of $4.4

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Top 10 Benefits of Procurement Analytics 2023 – Why Is it Important?

Procurement analytics is much more than just spend analysis. It can help all departments in the business to correct and strengthen their strategies and increase overall efficiency. Here, we’ll discuss the benefits of procurement analytics for an enterprise. Procurement is crucial for a business. It influences the various elements of the supply chain, right from production

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10 Steps to Create a Data-Driven Culture

With proper planning and implementation, enterprises can effectively use data to make business decisions. However, a strong data culture is still a theory for many business organizations. Here, we’ll discuss the steps to create a data-driven culture in an enterprise.   Businesses need to work with quality data to make effective business decisions. While we cannot

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