Data is growing, expanding, and can sometimes be overwhelming. But if you are obsessed with data and numbers, then maybe you are born for the career of data analyst or data scientist. You can help businesses make sense of the data amassed from various sources and in multiple formats — unstructured, scattered, structured— to draw actionable insights, make piloted decisions, cut costs, and lift sales.
Therefore, to harness the floods of data, countries will not only need more hiring in data analytics but also train the existing workforce for efficient mining and analysis of the data. They need to understand that data not only impacts businesses, but also industries like healthcare, sports, research, e-commerce, advertising, and previously thought unlikely areas like politics, climate change too as they evolve into data-intensive areas.
In case you are keeping track:
The US Meat Supply Chain Has Collapsed Due to the Coronavirus Pandemic Outbreak -
The flimsy nature of the US meat supply chain has been disclosed by the outbreak of COVID-19. The pandemic has already created havoc across industries, especially in the food and meat processing sector, where businesses are facing tough times in tackling challenges in ensuring an appropriate supply of meat to feed the population. Moreover the temporary closure of meat processing plants has further disrupted the meat supply chain causing severe shortages of meat and poultry across the US.
The Top Five Data Analytics Gripes, and How We Could Fix Them - insideBIGDATA
In this special guest feature, Geoff Tudor, VP and GM of Vizion.ai , offers five key business issues enterprises are facing, and then how we can resolve them. Geoff has over 22 years experience in storage, broadband, and networking. Currently.
Within the next decade, Artificial Intelligence (AI) is set to drive $15.7TN of GDP , as data analytics matures and businesses benefit from insights they didn't think possible only a decade ago. The majority of data is now produced by machines, not people, powering everything from your toothbrush to critical scientific analysis in space . It seems, suddenly, like AI is everywhere. But the promise of AI and the data analytics it enables, is falling flat.
3 Ways Big Data Analytics Can Make You A Better Leader
Getting familiar with big data analytics can help you make informed decisions and lead a team more effectively—and business schools are embracing these skills
Professor Goker Aydin, professor of operations management and business operations at Johns Hopkins Carey Business School, explains how big data analytics skills can help you as a leader
When it comes to making smart, informed decisions, big data analytics can help. By gathering and analyzing large data sets, organizations can improve customer retention, manage risk, make operations more efficient, and much more.
Other things to check out:
Global Market Trajectory & Analytics for the World Molecular Diagnostics Market: Rising
Amid the COVID-19 crisis and the looming economic recession, the Molecular Diagnostics market worldwide will grow by a projected US$6 Billion, during the analysis period, driven by a revised CAGR of 7.8%. PCR, one of the segments analyzed and sized in this study, is forecast to grow at over 9.5% and reach a market size of US$5.7 Billion by the end of the analysis period.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 6.2% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$179.5 Million to the region's size over the next 7 to 8 years. In addition, over US$166.9 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the PCR segment will reach a market size of US$200.2 Million by the close of the analysis period.
Latest Update: Supply Chain Big Data Analytics Market Survey Report 2020 along with Statistics,
Supply chain analytics solutions can aid enterprises achieve growth, enhance profitability, and increase market shares by utilizing derived insights for making strategic decisions. These solutions can also offer a holistic view of supply chain and help in enhancing sustainability, reducing inventory cost, and accelerating time-to-market for products in the long run.
Supply Chain Big Data Analytics Market – Growth, Trends, And Forecast (2019 – 2024) this market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
Research: Transportation analytics market set to boom
The global transportation analytics market size is expected to reach US$21.8 billion by 2027, a CAGR of 15.6% from 2020 to 2027, according to a new study conducted by Grand View Research.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customised research reports and consulting services.
Increasing expenditure of governments in transportation sector across the world and the growth of smart cities thanks to urbanisation are the major driving forces fostering the market growth.
Five Ways AI and Analytics is Revolutionizing Supply Chain Management | Read Quantzig's Free
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200522005227/en/
Though closely related artificial intelligence and analytics do not mean the same. Today, several analytics processes make use of AI-based technologies. AI-powered analytics tools empower humans and machines to work more closely, making the work process more fluid and adaptive. Artificial intelligence has also helped several businesses to drive superior customer experiences by gathering and interpreting customer data.
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