3D printing has become a hot topic in recent years, and is being used in a variety of industries such as healthcare, engineering, architecture, and more. However, there is one key tool that 3D printing relies on that could make or break its future: big data.
Without the existence of this advanced data, some of the functions used in 3D printing would not be possible. But how do big data and 3D printing work together? Let’s examine. (more…)
The days of the milkman may be long gone…but the alcohol delivery days are just getting started.
Customers don’t even need to talk to someone to order their favorite Malbec or gin. On-demand apps, such as the booming Drizly, enable consumers to order alcohol delivered to their front door as quickly as within an hour in some major cities. With 80% of all drinking taking place off-premises, according to LEK Insights, getting alcohol from an app is a convenient and easy way to drink at home.
Drizly, which has made $67 million to date, reported a 700% year-over-year sales increase, so if liquor stores and brands are not on the app, they’re missing a huge revenue opportunity. (more…)
Many economists say we are overdue for a recession. Despite a low unemployment rate and the economy’s longest expansion on record in the United States, experts in America and the World Bank point to trade wars and other globally financially risky situations as reasons for a dim forecast.
Analytics may not be able to tell you exactly when the economy might shift. However, data can certainly help an organization mitigate the impact of a recession by giving you the right information to better target the right market, save money, and increase profits.
The buzzing you hear in a vineyard is not coming from bees or any other insect, it’s the sound of a drone in the sky.
In a world where climate change ravages crops and prices generally keep rising, winemakers are saving money, fighting climate change, and saving time all through the use of drones.
Drones are driving down the cost of pesticides, fertilizer, and labor. They even help save water. Drones analyze the needs and health of crops when climate change is making them more unpredictable. Overall, drones help winemakers save time, and the wine is better because them. (more…)
Everyone has his or her unique way of analyzing data to find the right answers. This is why self-service in a business intelligence tool is so important. It’s also why drag-and-drop dashboards are so appealing. I am not stuck with what someone else decided is a good way to look at the data. I can focus on what is important to me. Still, in the end, I need to share my findings with other people in a way they like if I want to get my point across.
Dimensional Insight’s “Stamps” are pre-designed charts that can be updated with different data and filters with a few clicks. Users can build dashboards in minutes. Let’s examine a hypothetical scenario to see how you can use these Stamps to optimize your analytics experience. (more…)
Data analytics is no longer a trend – it is a necessity for organizations to stay relevant in their fields. Big data has been sweeping across every industry, from healthcare to the food and beverage industries, and it has been making analytics skills more and more necessary in every industry it touches.
Data analytics is a segment sure to showcase many fascinating developments in the new year. As businesses harness the power of data analytics, 2020 use cases are both varied and compelling.
Here are five outstanding examples: (more…)
The world is facing a mental health epidemic. One in five adults suffers from some form of mental illness in the United States, yet more than 50% of these illnesses are left untreated. Mental health does not discriminate against age, race, gender or economic status, and unfortunately, treatment and research still have a long way to go before the number of diagnosed individuals decreases.
However, one optimistic element to this crisis is the existence of new technology that we did not have even a decade or two ago – one of which is Artificial Intelligence (AI). Advanced technology plays a major role in positively shaping the healthcare industry, and now digital solutions such as artificial intelligence are making their way into the psychiatry department to reduce the decline in mental wellness across the globe. But how does the use of predictive analytics tools such as artificial intelligence really help in solving the mental health crisis? Let’s examine. (more…)
As we look back at 2019, we reflect on some of the trends and topics that shape the industries we work in. In healthcare, price transparency and the measles outbreak were hot-button issues. In wine and spirits, new trends like enotourism and DTC sales piqued the interest of people in the industry.
These issues and others made our annual Top 10 list of most-read articles on the blog. Let’s take a look at the topics most popular with our readers this past year. (more…)
A staggering 402 new gin brands have entered the spirits market since May 2016, 367 of which are premium brands.
Gin sales produced about $2.89 million in the United States in 2019, according to Statisa. Gin consumption in 2018 grew faster than any other spirit or alcoholic beverage, according to Fortune. The market is expected to continue to grow another 1.5% by 2023.
“Focusing on the craft and quality aspect of gin will encourage consumers to trade-up to buy better quality gin as a special treat for themselves,” William Grant & Sons predicted in a statement. William Grant sells Hendrick’s Gin.
While the thirst for premium gin is high, brands are still working to ensure their brand stands out. They’re experimenting with everything from flavors to colors to ensure it does.
When we think of the most prestigious careers in America, ‘doctor’ is usually one that ranks near the top of the list. It is surprising, then, that physicians across the country are facing unprecedented levels of burnout, depression, and even suicide. Taking care of at-risk patients is naturally stressful work, but if doctors are too stressed, they are not able to provide the best possible care. That means worse patient outcomes, which can create a feedback loop putting even more pressure on the physicians.
A 2019 survey of over 15,000 physicians by Medscape found that an alarming 44% reported they were feeling symptoms of being burned out. Younger generations of physicians, women, and those who work the most hours seem to be the most affected. What factors are making careers in the medical field so stressful, and what can we do to alleviate that stress? It turns out data can help us figure out these factors and move towards possible solutions. (more…)