According to a survey, bad data can cost businesses an annual sum of $3.1 trillion in the US alone. Your business contributes to that if you spend countless hours trying to determine the right value of your stored data. On average, your business will waste 50% of the time to…
Advancements in data analytics have entirely revolutionized the banking industry. Today, banks and financial institutions can easily access massive amounts of data, and within these data lies the keys to effective branching strategies, compliance automation, and an in-depth understanding of your customers. Thanks to advanced visualization tools and artificial intelligence…
For marketers, retaining your current customers is just as crucial as reeling new ones in. A study by Hubspot showed that retaining just 5% of your customers can boost your company’s revenue by up to 95%. Moreover, it’s a lot cheaper to retain your current clients than it is to…
The truth is that we have access to more data now but yet we struggle to put it to effective use. Being surrounded by such big data, organizations are more lost than ever as it’s challenging to implement all of it, given the size of the information that is collected.…
In an age and era where we are surrounded by a technological ghost, we have more data collected about every interaction that we have in the digital world than in the physical world. With every transaction and with every click, whether be it on our phones or online, its dataset…
