Forbes contributors publish independent expert analyses and insights. I write about how to drive more value with data and analytics. Decisions are the lifeblood of business. From the c-suite to ...
Diagram: An industry-level value chain diagram would depict the major stages of the value chain, such as raw material extraction, manufacturing, distribution, marketing, and after-sales service. Each ...
Data stands out as a key resource for retailers in the increasingly digital world. Businesses are generating more data than ever before, from transaction records and customer profiles to social media ...
Balancing data-driven insights with intuition is crucial for effective decision-making, allowing entrepreneurs to see beyond the numbers and make connections that foster innovative solutions. While ...
Data-driven decisions optimize resources, reduce waste and improve sustainability for businesses. Efficient waste management through data minimizes environmental impact and cuts operational costs.
One of the most impressive business transformations I have witnessed did not come from massive tech investments or hiring sprees – instead, it emerged from small businesses finally harnessing the ...
When San Francisco launched its first open data portal more than a decade ago, it marked itself as a leader in the space. That portal even came with an executive order promoting open data from ...
Most people regard bank runs as a thing of the Depression-era past, but in 2023, several U.S. financial institutions failed when they experienced unexpected runs on deposits. Taking notice, leaders at ...
When leaders say they want to be a data-driven organization, a key objective is empowering business people to use data, predictive models, generative AI capabilities, and data visualizations to ...
Most people have heard of data-driven decision making – the admirable desire to make better decisions through data. The conventional justification is that given the world’s complexity, organisations ...
There is now broad consensus that data-driven decision-making is essential to success in today’s highly competitive manufacturing environment. Customers’ price-consciousness, combined with demands for ...
OAKLAND, Calif.--(BUSINESS WIRE)--Fivetran today announced that its industry-leading data integration platform is being utilized by La-Z-Boy Incorporated, a global leader in residential furniture.