Saturday, May 30, 2020

Summer School 2020: A glossary of analytics terms - Big Blue View

"Stats," "data," and "analytics" have become the hot new buzzwords around the NFL, and in doing so have also become a hotly debated subject with regards to football. For some, "analytics" is a way to make sense of the chaos and complexity that make up the game of football. For others it is an invasion of pencil-necked geekery into a world in which nerds have no place.

The coverage and fandom of the New York Giants is one of those places where the debate over analytics rages — and all too often devolves into flame wars. The Giants have struggled with implementing a large-scale analytics operation, while other teams like the the New England Patriots , Baltimore Ravens , and Philadelphia have embraced analytics whole-heartedly.

Publisher: Big Blue View
Date: 2020-05-30T12:00:00-04:00
Author: Chris Pflum
Twitter: @bigblueview
Reference: (Read more) Visit Source



Quite a lot has been going on:

Small businesses are using more analytics to survive COVID-19 - TechRepublic

Survey reveals that analytics usage and business optimism are up as companies navigate the choppy waters of the new normal.

SEE: Coronavirus: Critical IT policies and tools every business needs (TechRepublic Premium)

Specifically, 55% of companies are using data to improve efficiency and rely on it to predict changes and outcomes. Forty-seven percent are using data to improve interactions with their customers. While 45% say they are using it to predict business outcomes. About a third of companies using analytics in new ways are considering moving their analytics workloads to the cloud as a result of COVID-19.

Publisher: TechRepublic
Twitter: @TechRepublic
Reference: (Read more) Visit Source



How to Turn Learning Analytics Into Meaningful Lessons

Expand your knowledge. Whether you're a beginner looking to define an industry term or an expert seeking strategic advice, there's an article for everyone.

Your time is valuable. Cut through the noise and dive deep on a specific topic with one of our curated content hubs.

Interested in engaging with the team at G2? We're always looking for experts to contribute to our Learning Hub in a variety of ways. Check it out and get in touch!

logo
Author: Mary Clare Novak
Twitter: @G2dotcom
Reference: (Read more) Visit Source



Creating a Culture That Embraces People and AI | Analytics Insight

Through the centuries, human civilizations have undergone periodic leaps in technology. From steam to electricity to computing, societies have made radical shifts as new ways of doing things have transformed how we work. We are now in what's been deemed the Fourth Industrial Revolution, an era of digital transformation that will forever change the way we work, and the way organizations operate.

In today's world, technological advances such as automation, robotics and artificial intelligence – allow businesses to continue to grow and remain competitive. It has become clear that the organization of the future will be driven by the opportunities these technologies create.

Publisher: Analytics Insight
Date: 2020-05-30T23:18:33 05:30
Twitter: @analyticsinme
Reference: (Read more) Visit Source



Other things to check out:

Leveraging Data Analytics to Optimize Your Marketing Budget - Business 2 Community

Digital marketing is defined by channels and numbers. Finding your audience and reaching out to them is critical to the success of your marketing campaigns. However, to understand and enhance the performance of your campaigns, you need to look at hard numbers. This is where data analytics comes in.

Data analytics refers to a cumulative set of data numbers that allows you to measure and analyze the effectiveness of your marketing activities.

About 26% of marketing budgets are wasted on ineffective strategies and channels, but the insights uncovered through data analytics will help you reduce wasted marketing dollars and hit revenue objectives.

Publisher: Business 2 Community
Reference: (Read more) Visit Source



Using Data Analytics for Effective Food Waste Management | Analytics Experts at Quantzig Offer

According to Quantzig's data analytics experts, "Data analytics can help retailers to identify seasonal changes in consumer demand for food products and plan what quantity of a particular food item must be produced or procured, consequently leading to better food waste management."

The scale of the global food waste problem is increasing at an astonishing rate. As a result, food waste management is now a matter of global concern. According to recent estimates, roughly one-third of the food produced in the world for human consumption every year — approximately 1.3 billion tons — gets wasted. This contributes to the emission of greenhouse gases at landfills and also increases the wastage of water that is used to grow food crops that are ultimately wasted.

Date: 2020-05-28
Twitter: @businesswire
Reference: (Read more) Visit Source



How Predictive Analytics Are Changing Patient Treatment

When it comes to providing high-quality medical care, clinicians can't outsource human touch and personal intuition.

Momentum is growing: 60 percent of healthcare executives are now using predictive analytics within their organizations, according to a 2019 survey from the Society of Actuaries . That's a 28 percent increase from the prior year.

Vanderbilt University Medical Center deployed predictive analytics to forecast the number and timing of expected surgeries so fewer staffers are on the clock during slow periods. Doing so allows the health system to schedule more efficiently , recouping costs that equate to the salaries of 2.8 anesthesiologists.

Publisher: Technology Solutions That Drive Healthcare
Date: 1588684468
Reference: (Read more) Visit Source



Analyzing the Importance of Developing a Successful Voice of Customer Analytics Program |

Voice of customer analytics focuses on analyzing the customer's voice to better understand their perspectives and analyze factors affecting their decisions. It also leverages advanced analytics techniques such as text analytics, sentiment analysis, speech analytics, and web and social media analytics to integrate customer datasets and gain a comprehensive view of the customer's voice.

To make customer-centric decisions that aim to enhance customer experience businesses must gather and analyze their customer's opinions. Collecting feedback from your customers is as simple as asking them questions to understand their expectations.

Date: 2020-05-26
Twitter: @businesswire
Reference: (Read more) Visit Source



Happening on Twitter

No comments:

Post a Comment