Hiring in data science has become very competitive for both companies and professionals in recent years. Fueled by the Great Reshuffle, data science positions are in high demand which can greatly benefit new and seasoned data science professionals alike. But in order to get hired in such a competitive landscape, candidates need to be prepared […]
What Companies look for when Hiring Data Scientists Read More »
The traditional data science team has undergone a period of drastic change in the past two years due to COVID-19 and the “Great Reshuffle” that has followed. This period has witnessed relocation of staff to remote locations, changing business models in response to the pandemic, and challenges in attracting and retaining talent. At a time
How to Overcome Data Science Staffing Challenges Read More »
The goal of predictive analytics is to combine past and current data to obtain actionable insights. Data-driven decision making has been proven time and time again as the best way ahead for any business, regardless of the sector. We wanted to know how ready the nation’s largest Financial, Healthcare, and Retail organizations are for an
During our recent industry survey of 50 of the nation’s best funded institutions, we discovered that even industry-leading organizations aren’t maximizing their data science capabilities when it comes to evaluating the impact of business decisions to the bottom line. Among top retail, banking, and healthcare organizations, we uncovered that: In addition to Fulcrum Analytics providing
In today’s business environment, companies are increasingly using advanced analytics to drive actions that are backed by data. The changes in outcomes attributable to such actions are measured to calculate ROI and guide subsequent decisions. As such, almost every data science team within large healthcare, retail, and financial service organizations provides its team with business
Shocking Data Science Gaps in Industry-Leading Organizations Read More »
When it comes to evaluating the impact of business decisions to the bottom line, there are a few common steps every analysis requires: Often, this series of steps is easier said than done. Some organizations may be set up to get through one or more of these steps with ease but have challenges with other
One thing we’ve all learned in the last year is how to work without our colleagues being steps away. When it comes to data analysis, and specifically to measuring the impact of changes to the business, the physical distance between staff requires granting more trust and latitude down the organization, but this also introduces risks.
How to Manage Your Team’s WFH Data Analysis Gap Read More »
When the time comes to measure the impact of innovative business interventions, timely results are critical to ensure effective business decision making. Depending on whether there is a reusable process in place, this type of analysis can prove to be very customized, complex and time consuming. Fulcrum Analytics, trusted by leading financial services, retail, and healthcare companies
How to Improve Repeatability and Consistency Among Business Intervention Analyses Read More »
Given the current economic climate, many businesses are preoccupied with keeping the lights on and enacting damage control with their employees and customers. For such companies, less regard is being paid to the optimization of a business’ digital presence, even though web-based communication and commerce has been thrust upon us as the new normal. By
Five Steps to Future Digital Readiness Read More »
If your organization is like most, you have to balance meeting customer expectations for delivering high quality products or services with the hard reality of needing to keep costs in line to maintain profitability. Often, organizations will implement “interventions” aimed to improve business, such as to reduce costs, increase revenue, or retain customers. But since
A System For Evaluating Business Program Improvement Read More »