Analytics
The 5 Stages of Analytics
Have you ever thought to yourself; Am I doing enough for my business? Is my team making the best decisions? How do I know I am using the right tools for my business? What we’ve done at BluWave is map out various stages of analytics adoption with comparisons amongst each stage. The 5 Stages of…
Read MoreRevolutionize Manufacturing With Analytics?
There has been a drastic move towards the use of data analytics and BI software. Many companies that show some interest have not made this transition yet. Businesses are looking to improve efficiency with the help of analytics and constantly progressing technology. However, according to an IDC report, only 17% of businesses in the nation…
Read MoreGaining Sustainable Growth
Sustainable Growth Gaining Sustainable Growth is a business’s way of funding its growth without leveraging finances or debt. (SGR=Retention Ratio X Return on Equity) Searching for a way to optimize the growth of your business is not easy to find but assessing all the different factors that interfere with your growth will allow you to…
Read MoreData Quality
Data quality is the process that ensures validity and should be the standard for the company. Basically, this means that the quality of data is only defined like this by the company’s context of quality. If the data process is fluid and consistent with the correct inputs, then the outputs of your data analysis system…
Read MoreWhat is data analytics?
Data analytics is the process of understanding and analyzing raw data to make decisions about the future. Most businesses store vast amounts of data and have no idea what to do with it. Some businesses hire outside firms to sift through the data and others try it themselves. Others try to make decisions based on…
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