30 November 2020
Monday, November 30th
Keep up-to-date with the latest data analytics news in our Monday Digest summary snippets, and get more insight to make your data talk!
? Maximising the benefits of self-service tools. Marketing and sales teams need to be able to analyse and present data in a way that supports data-driven decision making. With a focus on effectively analysing company data, targeting specific audiences and using visual analysis for streamlined reporting, they’ll be set to reap the benefits. Read more in this Forbes article.
Visual analytics tools, such as Viztips, show additional context without overwhelming data consumers
? Greater uptake of predictive analytics in insurance. To boost business performance and improve customer relations, leading insurers are turning to predictive analytics. As a result, they are experiencing a boost to their top and bottom-line performance and gaining more of a competitive edge. Discover more in this article.
? Improving energy management with self-service analytics. Self-service analytics tools are helping energy firms meet their organisational carbon-footprint objectives. Improved accuracy in analysing, monitoring and predicting process and asset performance in real-time are key to achieving these goals. Read more in this article.
Organise your data in tile-style summaries, enabling users to uncover insights quicker with Vizlib Tiles
? The future risks and rewards of data. Balancing the rewards of data analytics with the increasing security risks, bias, privacy, and regulation issues is a hot topic with leading roleplayers, such as Google. Companies will need to pay equal attention to the risks that increased AI poses, along with the drive to provide greater access to business users. Explore further in this Knowledge@Wharton article.
? Improving SME cash flow with analytics. SMEs are under even greater pressure than normal with the effects of the pandemic. But with the help of data analytics, they can potentially make more data-driven decisions and maintain a positive cash flow. Read on in this article.
And our quote of the day:
“…in 2021, analytics will move from being a reactive game — gathering data that analysts then have to sift through to find those insights — to a proactive one, connecting teams directly to those “a-ha!” moments that inspire immediate and informed action.” Matin Movassate, CEO and Founder, Heap.
Vizlib’s feature-rich data visualisation products will help you get started on your data storytelling journey.
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