March, 2020

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Handling uncertainty: panic vs. precautions…

Timo Elliott

It’s always hard to make the right decisions when the data is uncertain. And that’s currently more important than ever, faced with the rise of the SARS-CoV-2 novel coronavirus and COVID-19, the disease it causes. For example, there are currently many discussions about the “true” mortality rate of the Covid-19 coronavirus. Some people insist that the currently reported mortality rates are wildly overestimated because of the “missing denominator” problem—the abs

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5 Ingenious Ways To Use Big Data For Customer Engagement

Smart Data Collective

Big data is changing the direction of our economy in unprecedented ways. Every business should look for ways to monetize big data and use it to optimize your business model. The number of companies using big data is growing at an accelerated rate. One poll found that 53% of businesses were using big data analytics in 2017. This figure has presumably risen in the years since.

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The casino cross-sell recommendation engine

BizAcuity

The blessing of technology has opened up several avenues to cater to our audience more aptly and strategically. It gives businesses a new perspective on behavior and interests, which lets them mold their marketing approaches and financial models. Today, with casinos growing to become a popular form of recreation worldwide, several businesses are integrating technological approaches into their business functions to increase efficiency and market performance.

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Highlighting Below Avg Sales per Hierarchy Level with SWITCH() and ISINSCOPE() DAX Functions in Power BI

BI Insight

I was working on a project a wee bit ago that the customer had conditional formatting requirement on a Column Chart.They wanted to format the columns in the chart conditionally based on the average value based on the level of hierarchy you are at.Here is the scenario, I have a Calendar hierarchy as below: Calendar … Continue reading Highlighting Below Avg Sales per Hierarchy Level with SWITCH() and ISINSCOPE() DAX Functions in Power BI.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Take Cybersecurity Seriously or Face the Consequences | Analyst Catalyst Blog

Analyst Catalyst Blog

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Some Tips On Interactive Virtual Presentations

Timo Elliott

I’m an Innovation Evangelist for SAP. I typically spend this time of year on the road at conferences, but like many others I suddenly find myself spending more time in the virtual world! After some requests from others, please find below a write-up of how I do interactive presentations (in Zoom, Skype, etc.) in front of PowerPoint slides. First, a couple of examples (I got better at using the green screen tool after I did the second video — far less “halo” artifacts now).

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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

The auto insurance industry has always relied on data analysis to inform their policies and determine individual rates. With the technology available today, there’s even more data to draw from. The good news is that this new data can help lower your insurance rate. Here is the type of data insurance companies use to measure a client’s potential risk and determine rates.

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Data Storytelling or Story-finding?

Juice Analytics

Data storytelling can feel like a misnomer. How can it be storytelling if the story evolves over time or mutates with the interactions of the user? Perhaps we need a new term like story-finding, story-framing , or choose-your-own-adventure. The things we call data stories fall on a spectrum of flexibility, from explanatory to exploratory: A static narrative with a message intended to be consistent across the audience.

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Quick Tips: How to Copy Visual Formatting to Multiple Other Visuals in One Go Using Format Painter Tool in Power BI

BI Insight

When you create a report it’s highly likely that you’d like to copy other visuals’ formats from an already formatted visual using “Format Painter” tool in Power BI. Perhaps you already used this awesome tool available in Power BI Desktop. As you see in the tooltip shown while hovering over the “Format Painter” tool you … Continue reading Quick Tips: How to Copy Visual Formatting to Multiple Other Visuals in One Go Using Format Painter Tool in Power

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Business Valuation Software: Free Guide to Valutico Platform

Explore our free guide to Valutico, the platform that revolutionizes automated report generation, offers access to 1 million M&A transactions, enables quick benchmarking, and streamlines the entire valuation process. With Valutico, you gain access to: 30-Minute Valuations: Rapidly producing accurate results. 3TB of Financial Data: The expansive data you need at your fingertips.

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Benefits of Joining a Membership Association | Analyst Catalyst Blog

Analyst Catalyst Blog

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Forecast and Plan with Confidence (and Predictive Analytics)!

ElegantJ BI

Predictive Analytics for Business Users = Assisted Predictive Modeling! Are you tired of using guesswork and opinions to make business decisions? These types of decision-making can be particularly dangerous to your business when they are applied to predicting and forecasting. If you are to be successful in business, you must be able to look into the future and plan for customer demand, new suppliers, inventory needs, financial investment, training and resource requirements, business locations, c

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A Quick Guide To Getting The Most Out Of Your Webcam

Timo Elliott

I’ve seen lots of you on your webcams recently. So I know you need this! I previously wrote a post about how to get a really professional look when using video conferencing , but here are some quick steps to get a better image out of even the most basic webcam built into your computer, without any extra equipment, in just a few minutes. A typical webcam view.

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Reasons For Transitioning To Cloud Computing In 2020

Smart Data Collective

Cloud computing has now become a common term that all of us have heard of. However, unfortunately, many of us still don’t understand the complete potential of cloud computing. It is high time for all us to understand how it can make our lives easier. Instead of storing data on a computer or hard drive , cloud computing stores programs and data over the internet.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Analytics Translators, You Have Permission.

Juice Analytics

In our data storytelling workshops, I like to discuss the emerging role of ‘analytics translators.’ McKinsey Global Institute estimates that demand for translators in the United States alone may reach two to four million. ( Source ) But the term "translator" gives the impression that the role is about faithful transformation of data into a human-understandable form.

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Quick Tips: How to Sort Matrix by Column in Descending Order

BI Insight

Today Microsoft released Power BI Desktop March 2020 which I was hoping that it includes a simple feature on Matrix visual to be able to sort the Martix by column in descending order, but, it doesn’t. So, in this post I quickly show you how to sort Matrix by column in descending order. Here is … Continue reading Quick Tips: How to Sort Matrix by Column in Descending Order.

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5 Reasons Why You Need an ECBA Certificate | Analyst Catalyst Blog

Analyst Catalyst Blog

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Forecast and Plan with Confidence (and Predictive Analytics)!

ElegantJ BI

Predictive Analytics for Business Users = Assisted Predictive Modeling! Are you tired of using guesswork and opinions to make business decisions? These types of decision-making can be particularly dangerous to your business when they are applied to predicting and forecasting. If you are to be successful in business, you must be able to look into the future and plan for customer demand, new suppliers, inventory needs, financial investment, training and resource requirements, business locations, c

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Maximize Productivity and Simplify IT Management with Conversational AI

ChatGPT has dominated boardroom conversations for months now. From drafting a stock trading program, to creating a SQL query to model data, there are practically no limits to the applications of the AI language model assistant. At ManageEngine, we have been working on our own AI-assistant, Zia. Zia is a fully-trained analytics assistant that can perform a range of functions such as creating and adding reports to dashboards, providing conversational support to data analysis, insight discovery, bu

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Love in the time of Corona

Growing Agile

We are living in extraordinary times when the novelty of the COVID-19 virus causing disruptions to economies around the world. Many of us find ourselves in self-isolation, working remotely, buying food in panic and more. We are required to make decisions at work and home, but we often lack relevant or accurate information, and at times, we have to deal with too much data.

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How Big Data Has Revolutionized the Gaming Industry

Smart Data Collective

Big data is driving a number of changes in our lives. Forbes recently wrote an article about the impact of big data on the food and hospitality industry. However, other sectors are changing as well. Big data phenomenon has revolutionized almost every aspect of an average citizen’s life. Information about our online activity has been accumulating for years, and now is actively used to know more about us.

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A Misguided Visualization Critique

Juice Analytics

Tableau posted a critique of the BBC's coronavirus visualizations , stirring up a good discussion and mixed reviews on Twitter. I wanted to dive a bit deeper into my reaction to the kerfuffle. In the post, Andy Cotgreave’s primary assertion is that the following BBC bar charts should be set to a scale of 0% to 100%. He makes the following points: “Our eyes stretch to the right, and the risk is we perceive that to mean 100%.

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Highlighting Below Avg Sales per Hierarchy Level with SWITCH() and ISINSCOPE() DAX Functions in Power BI

BI Insight

I was working on a project a wee bit ago that the customer had conditional formatting requirement on a Column Chart.They wanted to format the columns in the chart conditionally based on the average value based on the level of hierarchy you are at.Here is the scenario, I have a Calendar hierarchy as below: Calendar … Continue reading Highlighting Below Avg Sales per Hierarchy Level with SWITCH() and ISINSCOPE() DAX Functions in Power BI.

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Data-Backed Secrets for Minimizing Discounts & Maximizing ROI Post-Holiday

Use data to turn one-off holiday shoppers into repeat buyers and effortlessly drive more sales throughout the year. Our guide will give you an in-depth understanding of what triggers your customers to buy and breaks down campaign examples from leading B2C brands.

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Work from Home (see also: #WFH) | Analyst Catalyst Blog

Analyst Catalyst Blog

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Easy, Mobile, Out-of-the-Box BI Tools!

ElegantJ BI

Design Once, Use Anywhere for Out-of-the-Box Mobile BI on All Devices! So, you want to use a business intelligence solution but you don’t want to have to customize, spend a lot of money and end up with a solution that is restrictive and does not meet your needs? I don’t blame you. You want to avoid the frustration and get a Mobile Business Intelligence Solution that does not dictate the device, the screen size or the setting in which you access your critical business intelligence data.

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A Thinker’s Guide to Artificial Intelligence

Perceptual Edge

I just finished reading the book about Artificial Intelligence (AI) that I’ve been craving for years: Artificial Intelligence: A Guide for Thinking Humans , by Melanie Mitchell. More than any other book on this hot but largely misunderstood topic, this book describes AI in clear and accessible terms. It cuts through the hype to present a sane assessment with no agenda apart from a desire to inform.

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The Incredibly Important Role Of Big Data In Academia

Smart Data Collective

One of the most important elements in the evolution of the education system is the ability to make informed conclusions about the need to change approaches that are used and the actions that are taken. According to a 2015 whitepaper published in Science Direct , big data is one of the most disruptive technologies influencing the field of academia. The educational system continuously creates and accumulates a significant amount of data, and the question of the systematic work with these data by a

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The Young BA

This article focuses on my experience starting as a customer service representative and working myself up to become a lead analyst in my organization. I did not start with many special skills or talents but I wanted to reflect on what did help me.