Remove Gap analysis Remove Metadata Remove Sales
article thumbnail

What’s the Difference: Quantitative vs Qualitative Data

Alation

A good example of segmentation from the early days of analytics is Postal/Zip Code Analysis. In the 1980s, retailers would collect data at the Point of Sale, otherwise known as a cash register. When managers of physical stores understand market-basket patterns, they can place products on shelves more thoughtfully to drive sales.

article thumbnail

The art and science of data product portfolio management

AWS Big Data

As part of this practice, a gap analysis is conducted between the current and target data product portfolio, and a set of required actions and estimated time and effort prepared for review by the organization. Its implementation may be adapted from or managed by existing demand management processes within the organization.