25 January 2021
Monday, January 25th
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!
? The power of location data. Data analysts can get more from their data by tapping into location information. With location intelligence, businesses can improve supply chain efficiency and optimise operations, deliveries, and sales, for instance. Explore further in this Forbes article.
? The rise of graph analytics in big data. Graph analytics is a way of exploring the relationships between entries in a database. Currently used in search engines, contact tracing and supply chains, it is growing in popularity. Discover more innovative graph analytics use cases such as automating decision making in this TechTarget article.
? Self-service = smarter data management. Data users, especially data engineers, can benefit from a self-service approach to data analytics. Since self-service data management gets the right data to the right people at the right time, it helps data engineers build out data meshes, collaborate better and share insights faster. Read further in this Datanami article.
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? The role of IT in scaling analytics. Analytics is an essential vehicle for improving business performance across multiple industries. And IT plays an important role in streamlining analytics adoption, influencing areas such as data strategy, infrastructure, access and collaboration. Read more in this Analytics Insights article.
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? Extracting value from hidden data pools. As companies grow increasingly data-driven, so does their need to extract value from all available data sources. Yet, some of their data pools such as employee and customer interaction data remain untapped. Explore how businesses can tap into these pools to boost their competitive advantage in this Analytics Insights article.
And our quote of the day:
“No matter how great an idea, no matter how valuable the insight, the message remains an abstraction unless leadership supports it. Sometimes that means overcoming inertia, traditional thinking, corporate boundaries, information silos, or healthy skepticism. Knowing how to approach the C-suite is a specialty of these new analysts, many of whom have learned to translate tech speak and statistical analysis into the language of business culture.” Helen Thompson, global marketing strategy manager, Esri.
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