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Data Analytics- a tipping point for offline retailers

Retail is one of the most data-driven industries in the world, so using business intelligence (BI) software to estimate inventory needs, understand customer behavior, and build forecasts is a necessity of any retailer. As technology advances, so does customer expectations.BI tools are based on a dedicated data warehouse platform using ETL processes for data integration …

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Make the most from the data your business generates!

Businesses generate tons of data on a daily basis. There are major changes in consumer behavior due to online purchasing and delivery. To keep up with these disruptions, retailers are turning towards data and analytics to help them make better business decisions. Some of the retailers are figuring out better means to collect data and …

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Advanced Analytics in the hands of SMEs

A common misconception is that only large scale business would need big data and analytics, however, SMEs can gain a significant strategic advantage over their competition by utilizing the benefits of Analytics. Through analytics, the decision-making time decreases significantly and the potential for growth increases drastically. Here are some of the advantages of analytics, Answer …

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Mistakes to avoid during segmentation

Customer segmentation allows your business to reap the benefits of focussed marketing effort which helps in reducing marketing cost. It presents better opportunities to develop your product and make it personalized (Customers express more interest in purchasing personalized) and most prominently helps you with more happy customers. Most of the small and medium-sized retailers rely …

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7 reasons to pick Business Intelligence tools over Excel

“Who is your customer? What do they like? How often do they visit your store? What do they like purchasing?” The answer to these is captured all day at your point of sale (POS). BI tools help convert this data into meaningful information to make strategic and effective business decisions for your current business problems. …

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Toxic-Paper-Receipts-min

Toxic Paper Receipts Jeopardize Health Of Millions

Nearly every consumer handles almost a dozen paper receipts every week, and retail store employees may touch thousands in the same time. But few are aware of the toxic nature of the paper receipts, which utilize Bisphenol-A (BPA) or Bisphenol-S (BPS). Even fewer know of the major environmental and climate harms linked to the receipts, …

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Excel Vs Business Analytics Tool – Decide before it gets unbearable

“Excel has become obsolete as a data analysis tool and should be replaced with business intelligence.” Tell this to any excel user, and close to 80 to 85% of them would probably show you the door. Not just finance teams, but also the operations, tech development teams have been married to Excel for more than 20 years. …

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Realize-The-Potential-min

Realize The Potential Of Data In Your Organisation Or Give Away Your Business To Your Competitors

Data is all around us. It’s ever-growing, and as we know, it’s a powerful commodity, and the underlying factor for many of the world’s most successful businesses. We can say, data is the new currency. Armed with it, some companies are disrupting established industries, and traditional businesses are transforming the way they operate. Not all …

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Enhance-Business-Decisions-min

Enhance Business Decisions Via Effective Data Visualization

In today’s age, where data rules and controls the world, the art of data analysis and visualization is making sense to our world. Data analysts are Shaping volumes of raw data to create meaning from patterns and associations, maps and models, to help us draw actionable insights, understand trends, and even make informed decisions from …

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