By Tomasz M. Grzegorczyk, Teranalytics CEO “My company is managing things just fine right now, so why should I invest in data analytics?” was the topic of a recent discussion with a colleague. It is true that analytics is an investment where sometimes the ROI is not immediately clear. ...
We have often been asked to explain what we do at Teranalytics: what does it mean “data analytics applied to business decisions”. How much of that is machine learning, and how much is strategy? What are the steps involved? The answer, of course, depends on many factors: the problem, ...
In the previous blog (The Smart Framework Part 1 of 2) we detailed how the SMART framework (part 1) is helpful in clearly understanding the steps involved in a data analytics consulting practice. However, it would be erroneous to think that these steps are independent, or even sequential, with ...
If you go to the opus, like octopodes salad, pizze and beeves, you might have a strong opinion about this perennial debate: “data is” or “data are”. Purists (whom we like) refer to the etymology of the word, arguing that it is the plural form of the Latin singular “datum” ...
Data analytics is a buzz word: the most valuable companies nowadays use it extensively, it sounds trendy, and chances are you know your company should do more of it. A few months ago (May 2017) The Economist claimed that “the world’s most valuable resource is no longer oil, but ...
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