Wednesday, August 12, 2020

How Community-Driven Analytics Promotes Data Literacy in Enterprises - eWEEK

eWEEK DATA POINTS: To maximize the value of all the data that is rapidly piling up in stores, strategic A&BI leaders must align their data agenda to business objectives and put the power of data into the hands of business leaders and domain experts.

Using the term "community" to describe technology innovation for analytics and business intelligence (A&BI) may seem an unlikely pairing. But consider the discussion around data culture and data collaboration that has been circulating for years without a solution that gives business users real power to act on their data questions.

Publisher: eWEEK
Date: 2020-08-11 17:09:26
Twitter: @15856164
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While you're here, how about this:

Creative Artists Agency: Adding Data And Analytics To Relationships

Creative Artists Agency, or CAA, is widely known in the entertainment and sports industry as a talent agency that excels at building and maintaining relationships. It has strong relationships between its agents and many of the biggest names in television, film, sports, music, brands, and video games, and also maintains strong relationships with the buyers of that talent—from film studios and TV networks to sports teams and beyond.

In the past several years, CAA has augmented its relationship focus with data and analytics. The two orientations are not mutually exclusive, of course; it helps to nurture a relationship if you know all the facts about the other party involved.

Publisher: Forbes
Date: 2020-08-11
Author: Tom Davenport
Twitter: @forbes
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Alteryx Signals a Permanent Slowdown for Data Analytics Might Be Here | The Motley

While the analytic process automation firm did top its own guidance in the second quarter, it was nonetheless a "disappointing" report card and second-half-2020 outlook, one that implies its fastest days of growth may be in the history books. That is no reason to offload this stock by itself, but investors would be wise to temper expectations going forward.

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First, it's worth noting that revenue growth of 17% -- in the midst of a pandemic and unprecedented economic lockdown no less -- is nothing to balk at. But big expansion is expected here as Alteryx runs at or close to a loss as it spends its way to maximum growth in lieu of profitability. Revenue of $96.2 million in Q2 generated negative free cash flow (revenue less cash operating and capital expenses) of $18.8 million.

Publisher: _____
Date: 2020-08-11T09:16:41-04:00
Author: Nicholas Rossolillo
Twitter: @themotleyfool
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Eye on Innovation: Data Analytics Community of Action Helps America's Shipyard Expand its

Code 105.4 Health Physicist William Young explains data collected regarding COVID-19 cases in the Hampton Roads area. (Photo by Shelby West, NNSY Photographer)

Norfolk Naval Shipyard (NNSY) has been around for a very long time – almost 253 years. Across its long history, the shipyard molded to its mission – whether it be building ships or fulfilling its duty with maintaining and servicing the fleet. It had to adapt to available technology, personnel strengths, and the Navy's needs.

Publisher: Naval Sea Systems Command
Twitter: @NAVSEA
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In case you are keeping track:

Better Analytics Needed For Assembly

Package equipment sensors, newer inspection techniques, and analytics enable quality and yield improvement, but all of those will require a bigger investment on the part of assembly houses.

That’s easier said than done. Assembly operations long have operated on thin profit margins because their tasks were considered easy to manage. Much has changed over the past several years, however. The role of assembly houses has grown significantly as device scaling becomes more expensive and power/performance improvements diminish, making advanced packaging significantly more attractive.

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Publisher: Semiconductor Engineering
Date: 2020-08-11T07:05:48 00:00
Twitter: @SemiEngineering
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Verint AI and Analytics Solutions Receive the Highest Customer Satisfaction Scores in New

DMG's report focuses on contact center and service-related uses of interaction analytics (IA). The report also explores how artificial intelligence (AI)-related technologies and predictive analytics are driving innovation, making important contributions in improving the accuracy of findings, and enhancing real-time analytics.

"Companies that have an interaction analytics solution that captures and analyzes voice and digital interactions on a historical, near-real-time and real-time basis have a major advantage over other companies," said Donna Fluss, president, DMG Consulting. "IA gives companies insights into customer needs and wants as well as their emotions and sentiment."

Date: 2020-08-11
Twitter: @businesswire
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Executive Perspective: Directions in Analytics | Transforming Data with Intelligence

From digital twins and contextual AI to graph databases and analytics democratization, many analytics changes are ahead. Todd Blaschka, chief operating officer at TigerGraph, sorts out which trends are worth watching.

Upside: What technology or methodology must be part of an enterprise’s data or analytics strategy if it wants to be competitive today? Why?

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Todd Blaschka: The pandemic is changing data and analytics. Models based on historical data are no longer valid. They will require a greater variety of analytics techniques to understand the relationships in the data, incorporate real-time data, and increase the context in AI/ML models to reconfigure systems and thrive after this reset.

Publisher: Transforming Data with Intelligence
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Healthcare Descriptive Analysis Industry 2020-2025: Financial Data Analytics Expected to Dominate

The digitalization of healthcare data is also one of the primary drivers of healthcare analytics. According to Intel, approximately more than 80% of the healthcare organizations in the U.S. have adopted Electronic Medical Records (EMR) systems. These systems collect a lot of data, which can be analyzed using various types of healthcare analytics to develop personalized medicine.

Advanced methods such as predictive analytics are widely used in government organizations such as healthcare financing systems primarily to avoid frauds in payments. For instance, in 2011, the Centers of Medicare and Medicaid Services (CMS) reported that under its Fraud Prevention System (FPS), predictive analytics helped in saving USD 1.5 billion through improper payments.

Date: 2020-08-11
Twitter: @businesswire
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