ML in Analytics
6 Digital Tranformation Trends for 2021
Thanks to 2020, predictions for the new year might not be so unrealistic. But predictions are one thing, trends are another. Here’s a quick look at six technology insights for 2021: 1. Accelerated Adjustment to the Pandemic COVID-19 shocked all businesses last year. However, enterprises are becoming used to the new normal “and digitisation should return to previous levels of growth in 2021,” says Peter Mülders, Customer Success Manager at Synthesis. /* custom css */ .tdi_3_4fe.td-a-rec-img{ text-align: left; }.tdi_3_4fe.td-a-rec-img img{ margin: 0 auto 0 0; } 2. Continued Growth of Cloud There was substantial growth in cloud this past year. AWS Revenue grew 29% year-on-year in quarter three to $11.6bn and Microsoft Azure Revenue increased by 48% year-on-year in quarter three to an estimate...
Why Real-time Analytics are Crucial to Online Retail
In the digital age, data is a currency all on its own. The retail sector has lagged in leveraging the value of real-time data, due to a number of factors. However, given the current economic climate, they can no longer afford the luxury of remaining in the dark. The power of data is revealed through near real-time analytics, and it can deliver incredible benefits for the retail sector. Harnessing the power of daily sales and stock on hand data is the missing link in enabling Just in Time (JIT) manufacturing – the panacea where manufacturers produce just the right number of goods that are delivered at the right time to the right place to find their way into the hands of the right consumers. Visibility is the key The daily sales and stock data in retail hold a powerful repository of informat...
