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…)
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.
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…)
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…)
It was not long ago that companies and organizations had to rely on their “gut instincts” and often unreliable data to make decisions big and small.
Now, with the advancement of applications such as big data and business intelligence, companies can incorporate a data-driven culture, optimizing their success in multiple areas. But what does it really mean to be “data-driven?” Let’s examine. (more…)
In the 21st century, ads are getting smarter. The classic approach—trying to get an ad seen by as many people as possible—is no longer the most efficient or effective way to go. There are simply too many messages competing for everyone’s attention.
That’s why so many advertisers have turned their focus towards targeted advertising. By doing some research on potential consumers, businesses can direct their ads solely towards those who are likely to be interested in them. Having access to more customer data by using new methods like image recognition can boost your brand’s marketing and give you a crucial edge over your competition. (more…)
In my first post on exploratory data analysis (EDA), I discussed why it’s important to get a “sense” for the data you’re working with before applying analytical techniques that may come with critical assumptions and prerequisites.
In this post, I’ll expand on the concepts I discussed in that post and also examine some other exploratory techniques. The goal is to make you familiar with various forms of data analysis so you can use them to make the right decisions for your organization.
We humans like pictures. We’re wired to process images quickly and effectively.
The evolution of those capabilities over thousands of years has allowed us to survive by detecting and evading predators, finding forage, and excelling as predators ourselves. To support these activities and others, the image processing capabilities of our brains have become especially adept at distinguishing basic shapes, such as lines, circles and various polygons, as a precursor to fully comprehending what the actual imagery represents.
We are also capable of understanding complex concepts, abstractions and relationships. But not all of us are created equal in that respect – at least judging from the distribution of scores on the math component of college prep exams! But even the savants among us reach a limit as the volume of data and complexity of problems become intractable to the human mind.
And though we may differ in our analytical abilities, we do seem to share one thing: our ability to reason visually plays an important role in our problem solving. Let’s examine this in the latest “Practical Analysis” blog post. (more…)
If you have ever attended one of our Dimensional Insight booths at a tradeshow or joined us at the annual Dimensional Insight Users Conference (DIUC), you probably had the chance to speak with our Events Manager, Alison Nicoli. Ally is 100% committed to ensuring all of our events go as smoothly as possible. From scheduling, to setting up monitors for presentations, to speaking to clients, to traveling, and more, Ally’s dedication has become the heart of our successful events.
In today’s employee spotlight, we give you an inside look at what it’s like to be an events manager. With memories of how she first began her career here, Ally shares her experience working at Dimensional Insight and what you can find her doing when she’s not in the office.