It’s no secret that big data and modern analytics tools can help any brand or business make better decisions. It can also deliver the kind of insights necessary to make accurate predictions for future interactions with customers.
And there’s no time more crucial for this kind of data, than the end of the year during the holidays. Why? Simply because it’s the busiest shopping season of the year, and staying in tune with what your customers want can mean the difference between millions and billions in revenue.
For some retailers, the holidays are so influential, that incoming revenue makes up about 30 percent of their entire annual sales. A flop or sub-optimal performance during the holiday could effectively ruin a business.
Retailers – including you – can make sure that doesn’t happen by tapping into big data systems and modern tracking software.
Everything is in the cloud these days, and it’s common for businesses to take advantage of multiple cloud-based services. Not all of these services function in the same way though.
When you hear the term “cloud” used in reference to a business application, it is typically concerning cloud computing or cloud storage. These are not the same thing. Cloud storage is a specific type of cloud-based service, but cloud computing is a more generic term.
Many businesses can benefit from cloud storage and other cloud computing services; here are the key differences between them.
If you’re stuck in a field you don’t love, and you’re thinking IT might be the career for you, don’t worry—there are ways to get you out of that job and into IT. Here’s how you can make the transition.
It does not matter whether you are working from your garage or a startup office space downtown; entrepreneurs are a different breed of business professional. For better or worse, starting something from the ground up requires a different mindset when you want to maximize your chances for success. While technological business startups have had the most exposure in terms of success, the qualities these tech industry leaders possess are universally necessary for all industries and markets.
Vendors are a necessary evil in business. You’ll need to discern and start a partnership with the right consultant or vendor(s) if you want to get anywhere, but finding one in the sea of options is overwhelming, to say the least.
What do you even want in a partner? What do they need to offer, and or be able to handle? What business goals of yours do they align with? Are they working with any competition? These are just a handful of questions you might have when vetting a potential partner or vendor to work with. What are some of the most important elements to consider, however? How should you identify a vendor or choose one?
Thinking critically is important if your business is starting to dip its toe into the big data pool and tap into the available technologies to promote your company’s growth and allow it to use IT personnel more effectively. However, as many executives try to make sense of big data and gather all the need-to-know information about it, they often overlook a key factor: Big data storage.