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Why Data Driven Decision Making is Your Path To Business Success

datapine

The term ‘big data’ alone has become something of a buzzword in recent times – and for good reason. By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of data driven decisions that will drive your business forward.

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The Growing Importance Of Data Collection For Customer Service

Smart Data Collective

Big data is crucial for any organization that wants to attract and retain customers. A study by McKinsey Global Institute found that data-driven companies are 400% more likely to retain customers and 2,200% more likely to acquire new ones. Fewer experts have emphasized the significance of big data. It is inevitable.

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Quality Control Tips for Data Collection with Drone Surveying

Smart Data Collective

Here at Smart Data Collective, we never cease to be amazed about the advances in data analytics. We have been publishing content on data analytics since 2008, but surprising new discoveries in big data are still made every year. One of the biggest trends shaping the future of data analytics is drone surveying.

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Data-Driven Employee Reviews Are Less Biased and Unfair

Smart Data Collective

Data analytics technology has changed many aspects of the modern workplace. A growing number of companies are using data to make more informed hiring decisions , track payroll issues and resolve internal problems. Keep reading to learn more about the benefits of a data-driven approach to conducting employee performance reviews.

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EU Cookie / Privacy Laws: Implications On Data Collection And Analysis

Occam's Razor

The way data is collected online and what happens to it is a much-scrutinized issue (and rightly so). Digital data collection is also exceedingly complex, perhaps a reflection of the organic nature, and subsequent explosion, of the internet. Web Data Collection Context: Cookies and Tools.

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Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

How to make smarter data-driven decisions at scale : [link]. The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. A lot has changed in those five years, and so has the data landscape. But if they wait another three years, they will never catch up.”

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The 6 Steps of Predictive Analytics

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction With technological evolution, data dependence is increasing much faster. Organizations are now employing data-driven approaches all over the world. One of the most widely used data applications […].