As a trader, are you aware of the sales demand by the type of the products, the time period, and the region? Are you fully informed about the inventory of each of your products at the moment and how much would you need to stock in the future? Or should you even think of restocking …
It all starts with a great idea, something that seems like a wise investment and that’s how most startups come into existence. However, more than 90% of them ultimately end up failing. Matter of fact, every 8 out of 10 startups end up going bust in their 18th month. That is not to say that …
Big Data: New Oil or Snake Oil? Data is popularly referred to as the new oil. Whether it is the fuel that grows your business, or snake oil which does nothing but burn a hole in your pocket is the million(multi?) dollar question. Big Data and its value have got two perspectives: as a valuable …
A large organization with specific data needs, and a wide range of datasets is best served in the long term by leveraging the available data to deliver useful and innovative insights about its business context, and to deliver those at a profit This in turn, calls for two distinct respective approaches: A “data laboratory,” staffed …
