How to Reach New Customers in 2021

As we all know, the year 2020 brought large-scale and completely unpredictable changes to nearly every business sector. COVID-19 transformed the way that nearly everything is done, and its effects are certain to have ripples that affect things in the year 2021 and beyond. But even with the disease still at large, the economy is showing signs of recovery. With any luck, the landscape of industry will look very different next year. Still, it doesn’t hurt to look at some of the changes that happened this year when planning for the next. Here are some suggestions, supported by data, on how to reach new customers in 2021 and beyond. (more…)

How the Pandemic Has Impacted Businesses (And How to Use Data to Adapt)

The COVID-19 pandemic has had a tremendous impact on nearly every business sector, the ripples of which will continue to be felt for years after a vaccine is released. Most of these changes have been challenging for businesses, with thousands of companies being forced to close their doors permanently or make drastic changes to keep customers safe.

While the effects are universal, some industries have been hit much harder than others. Many have even been given an unexpected windfall from the changes. In this article, we will examine some of the varied effects of the pandemic and what changes companies can make to stay ahead of them. (more…)

How to Rule Seasonality with Analytics

Seasonality analytics encompasses the occurrences of factors that are unique to a specific time, condition, or planning for an event that could occur like a natural disaster. In this article we asked three-Dimensional Insight experts from our beverage alcohol, healthcare and partner sectors to discuss the use of analytics to the plan and report on the effects of seasonality within their markets. (more…)

The Balance Between Data Insights and Governance on the Path to Returning to Work

The return to the office is fraught with many challenges for employers. Unlike the NBA or NHL, the vast majority of offices cannot isolate within a “bubble,” so companies must plan for the new normal of working around COVID-19. The most effective way for employers to avoid a breakout is by utilizing effective PPE and social distancing measures. These measures include mandatory mask use in the office, increased desk separation, and rotational in-office schedules.

Beyond PPE and social distancing, there will be a demand for health testing and contact tracing. Both of these preventative measures will require robust data capabilities in order to process the massive influx of employee data. In addition, companies will need to focus on data governance to properly manage the sensitive health information that is collected.

As the country moves back into the office, employers must strike a delicate balance between staying informed of health risks and maintaining employee privacy. Let’s first dive into the need for and benefits of employee testing and how data analytics can improve office safety. (more…)

As A New (Shorter) Baseball Season Begins, So Does A Different Way Of Looking At The Data

It’s safe to say the 2020 Major League Baseball season will be unlike any other. Games will be played with no fans in attendance, and the fans watching from home will see a game that is at times completely different from what they’ve come to expect. Playing the game during a pandemic has resulted in rule changes as well as a shortened season and changes to the schedules teams play.

There are a number of effects the pandemic has had on baseball as an industry: no fans in the stands means there’s been a disruption to the ballpark vendor supply chain, and the sport will be dealing with financial repercussions for years. But as for the game on the field, it is one flush with statistics, and the analytics portion of baseball has to adjust for the 2020 season as well.

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The Changing Meaning of Data in a Post-Shutdown Economy

The COVID-19 pandemic has thrown the entire United States economy for a loop. For some companies the past few months have delivered a blow that they will not be able to bounce back from. Other companies, meanwhile, are trying to figure out a way forward in a situation with very little precedent.

In the modern business landscape, it has become a no-brainer solution that when organizations are looking to plan ahead, they turn to data. But one of the unique challenges of this situation is that it has left many businesses with a lack of data that could help them analyze their way out of a problematic situation. Here’s how that has happened…and what companies might be able to do to try to get back to the new normal. (more…)

How COVID-19 Is Affecting the Environment

After months of quarantine and new safety regulations, the United States is finally beginning to re-open. It’s clear that COVID-19 has left extreme impacts on individuals and industries worldwide… and is continuing to do so. We often discuss the negative effects that COVID-19 has brought to the healthcare and supply chain industry or the positive impact that it’s had on the tech industry, but how has the pandemic affected the environment and has the environment impacted the pandemic? Let’s examine.

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Workplace Technology is Being Deployed to Fight COVID-19

With stay-at-home orders being eased, millions of Americans are returning to work for the first time in months. But the workplaces they return to won’t be the same as the ones they left. Social distancing is here to stay, and it’s going to have a profound effect on the dynamics of the average workplace.

Workers can expect new rules and procedures to be in place when they come back. Masks will be required, communal dining areas will be gone, and work spaces will be spread farther apart. These measures are unfortunate, but they will be extremely important for maintaining health and safety for the foreseeable future. But how do you make sure an entire office or workplace full of people follows these rules at all times?

That is where social distancing technology comes in. Several large companies are exploring options for technology that could be integrated into the workplace which would monitor employees to ensure that they maintain the proper distances. But what that technology will look like, and how it will affect workers’ privacy, is still uncertain. (more…)

5 Takeaways from the 2020 Wisdom of Crowds Report

The 2020 Wisdom of Crowds Business Intelligence Market Study is out, which provides an annual look at key trends in business intelligence (BI) and provides user scores on 27 vendors using Dresner Advisory Services’ 33-criteria vendor performance management system.

For the 11th straight year, Dimensional Insight performed very well in the survey, improving upon its results from last year and earning a perfect recommend score. The report had several other interesting insights about the state of business intelligence. Here are the most important takeaways. (more…)

How Supply Chains Are Adjusting in the Midst of the COVID-19 Pandemic

Whether or not they are in a part of the country that is slowly opening back up and resuming day-to-day activities, everyone is grappling with the adoption of a “new normal” post COVID-19. That applies to most industries as well.

Though supermarket shelves are better stocked and it appears the supply chain is recovering, it is possible the global supply chain will never look the same. Here are some changes that have already been put in place, as well as more changes that are on the way. (more…)