Predictive analytics is being applied toward all facets of business operations and processes to help anticipate events, avoid risks, and create solutions. By forecasting future supply chain and logistical events, companies can gain a competitive adva
When dealing with data, being able to read and understand it in a relatable way is integral to business success and competition. In the current world of Big Data, we have to process massive amounts of data and find patterns in order to use it for fur
Are we heading for a chocolate shortage? - We spend more than 75 billion dollars on chocolate annually worldwide. Also, the retail consumption statistics say that from 2012/2013 to 2017, the chocolate consumption has had a whopping jump from 7 millio
Product Marketing is a customer focused task that incorporates customer sentiment related to product features, identification of direct and indirect competitors, identification of optimal channels for promotional purposes, and determining the project
2017 will prove to be a year that Big Data analysis trends will be at the forefront of collective global interest. With businesses in every industry utilizing data and analysis across departments for the advancement and alignment of business strategi
An accurate valuation of social media websites like Facebook is always a challenge — especially since the "best days" for social media companies are often in a future that is difficult to forecast. Revenues for Facebook depend on successful monetiz
The Dodd-Frank Wall Street Reform Act (aka "Dodd-Frank") — named after Senator Chris Dodd and Representative Barney Frank — was signed into effect by President Barack Obama slightly more than five years ago (July 2010). It was designed to provide
The importance of paying attention to investment potential without losing sight of risks is currently epitomized by the oil and gas industry. The need for investors to scrutinize both risks and rewards is always a delicate balancing act — this is r
Six Ongoing Challenges Digital technology has given businesses the power to overcome barriers previously viewed as insurmountable. However, impressive technological progress is often accompanied by new and severe challenges. This dilemma is
In an ultra-competitive business world, shortages of any kind are often used as proxies of how important a service, skill or commodity is in "real life" situations. A recent study by Gartner revealed the likelihood of a talent shortage involving data
