If someone has told you that data analytics is something relatively new in Human Relations, do not believe them. The truth is that a big part of the HR work is to plan. You cannot have proper planning without accurate forecasting, something we have already discussed at this analytics blog. Well, it turns out that HR people and their industry as a whole are still far of maturity in terms of utilizing its data (trust us, they have a lot) into predictive analytics. Recent Deloitte survey of business and HR leaders shows that companies exploiting HR analytics are extremely small fraction of the market – 4% in 2015 vs 8% in 2016. The study highlights that this number is going to increase due to a shift of HR professionals expectations.
Wholesale distribution business is generating a great amount of data which is including at least thousands of products, quantities, pricing, customers, and inventory, just name it. This simple fact makes them really suitable for data analytics modeling in order to solve specific business problems or to gain efficiency within already existing processes. In this blog post, we are highlighting just 5 of the potential benefits that a wholesale business is capable of extracting from modern days data analytics.
Yes, those pixels, numbers and data strings might be a genuine and impactful form of art. Since we are deep into data science in order to empower SMEs and boosting their profitability with data analytics and sales forecasting tools, we want to share some interesting perspectives on data art.
Beyond the basics, modern sports has nothing in common with what it was, let’s say 50 years ago. One of the many, many reasons for this is the data analytics and forecasting.
We are living in a world full of data and everyone can benefit of it with proper analytics modelling. Speaking of sports it helps decision making in player selection, customer/fan relationships, business management, game and players performance and even injury prevention.