
Transforming Decision-Making Processes
On a typical day, managers spend 37% of their time making decisions, according to a McKinsey…
On a typical day, managers spend 37% of their time making decisions, according to a McKinsey study. Decisions are the lifeblood of a business and need to be made with accuracy and speed. The manual and complex process of decision-making today amounts to 530,000 days of lost productivity and roughly $250 million in labor costs for the…
Embedded analytics and AI are critical to the future of big data. While we have taken giant strides since the big data revolution began, some key challenges remain. There has been a lack of tools that provide non-technical users the opportunity to impact business through data. Sisense has been at the forefront of trying to close…
The shift from “go-with-your-gut” style to “data-driven” decision-making has revolutionized businesses. Today, data serves as the lifeblood of all types of businesses – small, medium, or large. That said, merely having data doesn’t guarantee accurate decision-making. Businesses require the right tools to extract meaningful insights from data. That’s where data analytics comes into play. Data…
According to a new press release, Confluent, a data streaming pioneer, has introduced Apache Flink on Confluent Cloud, a fully managed stream processing service that simplifies data stream filtering, joining, and enrichment. This offering enables organizations to react quickly and innovate by processing data streams in real time, resulting in timely insights and new use…
Today’s organizations widely acknowledge the significance of leveraging data and analytics. Virtually every executive envisions establishing a data-driven organization. However, a survey conducted by New Vantage Partners reveals that only a mere 26.5% of companies have effectively achieved this transformative goal. Part of the problem lies in the ineffective collaboration between business and technology teams. In the…
According to a new press release, MongoDB has launched MongoDB Atlas for Manufacturing and Automotive, an initiative aimed at assisting organizations in harnessing real-time data and connected technologies. It is designed to help businesses optimize processes and enhance user experiences with intelligent, connected technology. As the manufacturing and automotive industries undergo a transformation driven by…
Solutions Review editors curated this list of the most noteworthy analytics and data science news items for the week of September 22, 2023. Keeping tabs on all the most relevant analytics and data science news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines…
Am I right that you can’t open LinkedIn, read a tech or business blog, or attend a conference for more than 30 seconds without encountering the generative AI hype? It’s been this way ever since last fall when OpenAI unleashed ChatGPT upon a (mostly) unsuspecting world. Depending on who you read or listen to, generative…
In a turn of events unanticipated by most analysts, young people — Gen Zers and Millennials, in particular — are outpacing older generations in 401(k) contributions. Furthermore, young people are investing earlier than ever, with 31% of Millennials having started investing before turning 21. But with growing investment opportunities for young generations and their unprecedented…
It may sound a little dramatic, but in today’s ever-evolving world, data is vital. Data can be huge in boosting your business revenue and exposure. Knowing your data means being able to offer continuous improvement and optimization, which in turn will allow you to deliver even better user experiences. You can track who’s looking at your…