By leveraging analytics, banks can enhance their risk management procedures and quickly capitalize on new opportunities, medical firms can accurately identify health trends, and retail businesses can meaningfully improve how they promote themselves and their products. In this way, data analytics turns the information your company gathers into an asset of profound economic and strategic value.
While analysing data, more 80% of the time is spent organising and cleaning data.
It is estimated that Open Data can save more than 200 thousand lives annually by enabling faster emergency response.
65% of organizations use or plan to use open data to enhance their services and taking decisions faster and more informed.
Companies that embrace data-driven decision making experience on average an increase in profitability between 5% and 10%.
With the competitive edge and significant ROI that data analytics provides, it should come as no surprise that 97.2% of all organizations are now investing in the field. That said, while every piece of data may tell a story, it’s essential to know how to read it correctly. To this end, we provide powerful business analytics tools.