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 »
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 »
As data science becomes a key factor in the decision making process of society, along with that comes the democratization of data analysis allowing anyone, not just statisticians, to draw conclusions from data. There is an undeniable ease to summary statistics that makes them appealing, but here at Fulcrum, we often encounter clients throwing away
Don’t Throw Away The Distribution: The Importance of Probability Distributions Read More »
Fulcrum Analytics announced their Agile Analytics Lab has been recognized as the Best Big Data Analytics Platform by the 2020 Tech Ascension Awards. Fulcrum’s Agile Analytics Lab is a cloud-based, big data analytics platform supplemented with professional services that allows clients to experiment with software, data sources, and technology not available within their own organization. The
Data science has become a necessity for companies looking for innovative and efficient ways of solving complex business problems. As the world becomes more data-centric, trends in data science technologies and practices continue to emerge and evolve. Continual education on cutting edge data science applications can help optimize an organization’s operations, internal processes, and bottom
Three Emerging Data Science Trends You Need To Know Read More »
Just about every organization has a website to promote their products, services, and capabilities. Like any other digital interaction, visits to a website generate data which can be analyzed to better understand how visitors are brought to the site and what they do while there. Organizations often try to capture and operationalize this data to
Comparing Website Analytics Tools: Google Analytics, Adobe & Piwik PRO 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 »
The digital age is fully upon us, and just about every action that each person takes during a day creates a data trail. From what we buy to what media we watch, our actions when partaking in the modern convenience of devices ultimately are recorded and stored in the form of data. While this creation
The Five Pillars of Data-Driven Organizations in 2020 Read More »