The insurance industry is fraught with danger. Navigating tricky claims procedures, pricing and promotion, risk mitigation, cash repression, natural perils, and ensuring compliance are some of the industry’s most complex challenges. Insurance companies have traditionally relied on statistics and data to drive their decisions, owing to the massive amount of daily data generated in this […]
For businesses in data-intensive industries to make decisions quickly, they need to invest in support systems that help them make well-informed, important decisions. Energy, commodities, agriculture, shipping, mining, insurance, finance, renewable energy, oil and gas, and utility businesses all need data support systems that give them high-quality and up-to-date information. This information can directly affect […]
Data is generated every second, whether you use the internet to learn about a specific topic, conduct financial transactions online, order food, or anything else. The use of social media, online shopping, and video streaming services has all contributed to the increase in data. According to Domo’s research, every human will generate 1.7MB of data […]
What is data mining? Data mining is the process of sorting through large data sets to identify patterns and relationships that can aid in the resolution of business problems through data analysis. Data mining techniques and tools enable businesses to forecast future trends and make better business decisions. Data mining, which uses advanced analytics techniques […]
Software testing is not just about testing. It’s all about giving users what they want. Testing helps improve the software’s quality and increases the project’s efficiency and speed. Early on in the software development cycle, figuring out a good testing plan will help you find and fix bugs. The sooner you find bugs, the less […]
Data analysis has become an essential component of business in the Information Age. For the better part of the last two decades, businesses have been investing in data collection resources, and they now have access to massive amounts of data across multiple platforms. Today, the difficulty is not gathering data but determining what to do […]
I’m sure we’ve all faced the problem of determining the best data visualization for our data sets. The correct data visualization will increase the impact of data storytelling and informed decision-making. Business intelligence platforms for large companies, like PowerBI, help visualize large amounts of data in the best way possible. What is PowerBI? Microsoft PowerBI […]
Big data drives most modern businesses, and big data never sleeps. That means data integration and data migration must be well-established, seamless processes, regardless of whether the data is migrating from inputs to a data lake, from one repository to another, from a data warehouse to a data mart, or in or through the cloud. […]
Why are more large and mid-sized businesses considering data center outsourcing? Do the benefits of IT outsourcing outweigh the drawbacks? Or do organizations want to embrace the trend to benefit financially and operationally from outsourcing data center management? Unfortunately, a simple yes or no will not suffice to answer the questions above. According to a […]
People outside of IT can now analyze and create data visualizations and dashboards on their thanks to the rise of self-service BI tools. That was great when the data was ready for analysis, but it turned out that most of the time spent developing BI applications was spent on data preparation. It still does, and […]
