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Kolabtree's Blog Posts Tagged 'analytics' (3)

Data analysis: Benefits and challenges for small and medium businesses

In this time and age of information overload it’s important for businesses to remain abreast of market dynamics, understand consumer behavior, and take decisions accordingly. More information is available about user behavior than ever before, and businesses haven’t had an equally great opportunity to take informed decisions based on hard-core data. This is why the enormous amount of data available makes data analysis an indispensable tool for growing businesses.

Gone are the days when…

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Added by Kolabtree on September 1, 2015 at 1:30am — No Comments

Two reasons why businesses need to pay heed to data analytics

Big Data is a big word in the tech world. One look at the highly popular hashtag #BigData reveals how it is gaining increasing credence. There’s a lot of talk about Big Data and how data analytics can help drive and turn around businesses. However, many people and companies are yet to come to terms with what exactly can Big Data deliver for their business.

I remember walking to a major shoe store brand outlet a few years ago. To my surprise, I had to look around and call for someone…

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Added by Kolabtree on August 24, 2015 at 6:00am — 2 Comments

Data Science: A tool for making better decisions

Behind every successful person, there is tons of coffee.

Successful or not or on way to success, coffee is the beverage of choice for many of us. Today a coffee drinker faces a ‘choice overload’ problem – there are too many varieties, blends, and roasts to choose from. Is there a way to simplify this problem? How can data science help us to streamline our choices without sacrificing individual preferences?

Data science refers to knowledge discovery from large volumes of…

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Added by Kolabtree on August 20, 2015 at 10:00pm — No Comments

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