Importance of Measuring Shrinking and Growing Customers for Manufacturing and Distribution Companies
What are Shrinking Customers: Shrinking customers refer to individuals or organizations that are decreasing their use of a product or service, or who have ceased using it altogether. On the other hand, growing customers refer to those who are increasing their use of a product or service, or who have started using it. Understanding and […]
The Modern Approach To Enterprise Analytics- Self-Service Tools And A Culture Of Analytics
94% of organizations believe data and analytics are critical to their business development and growth. Your organization churns a lot of data to help you comprehend the subtleties of your industry. However, the conventional analytics model that deals with business data is slow, rigid, and expensive. Modern enterprises require a modern approach to business intelligence […]
Expand Your Business with Effective Use of Business Intelligence
In this digital world, it is important to understand the complex as well as the simple needs of your business. Entrepreneurs tend to focus on complex business problems. However, they tend to overlook the minute but essential components that have a huge impact on their business. Earlier, business owners used to overlook business analytics, business […]
Top Benefits of Predictive Analytics
The demand for efficient and reliable data management processes is growing at a swift pace. One such effective and simple method for managing a significant amount of data is Predictive Analytics. Earlier, predictive analytics was confined to only professionals and technical experts. But more and more companies are embracing this trend to grow their brand […]
4 Sales Analytics Trends That Will Supercharge Your Sales in 2020
Most business entrepreneurs will admit that managing sales and their data is perhaps the most challenging task for them. They are looking for an advanced, modern tool to efficiently manage their sales and monitor their company’s performance. The sales analytics software has evolved as a boon for such futuristic companies that are always on the […]
How Data Analytics Empowers Sales Management
Sales management relates closely to analyzing data and human performance and deriving from them a plan for market success. This article focuses on how sales analytics can improve the bottom line of your business in real-time. Let’s get started without further ado. Role of Data Analytics in Sales A recent article published by McKinsey and […]
Top 5 Predictive Analytics Models That Grow Your Business
Predictive analytics means using data analysis, statistical modeling, and machine learning technology to ‘predict’ likely outcomes. This prediction requires the construction of predictive models. In your business, such models can identify and analyze patterns and trends in historical (and real-time transactional) data to identify risks and opportunities. Determining which model suits your business needs is […]
Data Analytics Brings New Opportunities for Enterprises
Enterprise data is all around us. In the present day, the biggest challenge that confronts enterprises is how to leverage the massive volumes of data and embrace digital transformation. Leveraging the data isn’t limited to extracting them out of the siloes and analyzing them. It also includes cleansing, warehousing, and many other stages. This is […]
How Data Creates a Competitive Advantage for Modern Businesses?
Data was and continues to be a gold mine for many businesses around the globe. Countless product improvements and optimizations have been made based on the insights gathered from customer data. Fast forward to the present day, many sales teams and investors continue to assume that customer data can give them a competitive edge forever. […]
Business Intelligence Services Breathe Life with Data Visualization
Business Intelligence and business analytics are solid frontiers every enterprise is trying to capture. They are cutting-edge tools that allow business organizations to efficiently collect data from multiple sources. In fact, business intelligence interprets data efficiently. Let’s Take This a Little Further Business intelligence services allow you to gather and analyze data thoroughly. It further […]