Data analytics have long been employed by CFOs and finance organizations to help manage familiar finance and accounting activities. But digital transformation and changing markets, together with rising expectations from boards and executive management, call for new approaches focused on more advanced data analytics.
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The need for and use of advanced data analytics have been gaining traction for a while, though the past year certainly served as an accelerant in their use. CFOs deploying data analytics to fuel their company's resiliency and superior performance during the Covid-19-driven downturn have demonstrated two distinguishing characteristics.
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NHL Takes Big Stride on Data and Analytics with AWS Deal | Manufacturing Business Technology
The league has reached an agreement with Amazon Web Services to put all its video and data on the cloud. The hope is to provide everyone from coaches, executives and players to fans an integrated look at the game with the aid of new camera angles, artificial intelligence and machine learning.
Being able to search and sort every player's speed, shot velocity and more isn't here yet, but this is a starting point.
"Before we can get to building, let's just say, like a new augmented-reality app that fans can use in arena to pull up real-time stats and puck and player tracking feedback while they're sitting and watching the game, there's a lot of infrastructure that needs to be in place," said Dave Lehanski, NHL executive VP of business development and innovation. "There's a tremendous amount that we'll be able to do."
Microsoft Will 'Dominate' Workplace Analytics with Viva - Partners - UC Today
Microsoft is set to "dominate" the workplace analytics and productivity market with the launch of Insights.
That is the view of Scott Gode, chief marketing officer at Unify Square , a Microsoft partner, who said that the Insights module, launched as part of Microsoft Viva , will cement the Seattle giant's place as a top workplace analytics provider.
Viva Insights aims to help team leaders and employees manage their working day better through regular breaks, focused work and learning. The module provides individuals, managers and leaders personalised analytics, with the end goal of identifying where teams may be struggling, changing their work conditions, and then quantifying the impact of those changes over time.
What is data analytics? Analyzing and managing data for decisions | CIO
Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems.
Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance. To ensure robust analysis, data analytics teams leverage a range of data management techniques, including data mining, data cleansing, data transformation, data modeling, and more.
Other things to check out:
Black Knight Makes Rate Lock Data Available In Rapid Analytics Platform
RAP is a cloud-based enterprise and data solution that allows users to access Black Knight's data assets and analytics within a single platform. It gives users the ability to source data, execute queries, create advanced analytics and train machine-learning models to gain helpful insights.
"RAP was already one of the most powerful and insightful data solutions available for the mortgage finance and real estate sectors," said Ben Graboske, president of Black Knight Data & Analytics. "The addition of our daily Optimal Blue rate lock data to RAP's offerings creates a slew of new opportunities for even more timely views of the market."
The Stats Game Beautifully Depicts The World Of Analytics - Drive4Five
Sports analytics are an emerging, but complicated field. The Stats Game is the book you do not know you need, depicting the world of sports analytics in a concise yet elegant way.
There is a balance between what takes place on the field and what takes place off the field. Sports analytics bridge that gap, providing a tool to help decision-makers make the decisions that impact the game.
The Stats Game takes a difficult concept, sports analytics, and shows the common reader that they should be embraced. They do not ruin the game. Instead, they enhance them, and give insight into how we all watch sports.
Grads of La Salle's Business Systems and Analytics programs "well positioned" for career success
First impressions are everything. When Fariborz Ghorbani's flight to the United States landed, he immediately recognized the opportunity that awaited him.
A native of Iran, Ghorbani savored the newfound freedom afforded him in Philadelphia, his new city. The same was true for the amenities and opportunities available at La Salle University.
Ghorbani studied at La Salle's School of Business , earning an MBA with a concentration in Business Systems and Analytics.
Sisense unveils new analytics platform
Business analytics software company Sisense has announced its new flatform, Sisense Fusion, aimed at bringing actionable intelligence to its customers.
The platform achieves this, Sisense says, by allowing users to build customised analytic experiences inside their customer and employee-facing applications for delivering analytics.
Gartner predicts, by 2025, data stories will be the most widespread way of consuming analytics, and 75% of stories will be automatically generated using augmented analytics techniques.
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