Building an effective What-If Analysis Model
Data analytics need not stop at just looking in the rear-view mirror. 'What-If' analysis offers organizations a way of forecasting the future, with historical facts as the base. But your scenario modeling must be made efficient for best results.
Hemant Warudkar | 02 Nov 2017
How Menu Engineering can Push Up A Restaurant’s Profits
How Menu Engineering can Push Up A Restaurant’s Profits In the first part of this blog post, we had read about how data analytics is being used by restaurants and fast-food chains in customer segmentation. Today, we will look at how analysis helps to build, or rather, re-build a restaurant’s menu. That’s right. Menu Analytics can play… Continue reading How Menu Engineering can Push Up A Restaurant’s Profits
Hemant Warudkar | 13 Sep 2017
Data Analytics Enriches A Customer’s Gastronomical Experience
How Big Data Analytics is Boosting the Food Industry? Big Data and its analysis have come as a disruptor for the food industry, more so for restaurants. There was a time when restaurants were largely run on the gut feelings of a manager or the whims and fancies of the owner. Those days are fading… Continue reading Data Analytics Enriches A Customer’s Gastronomical Experience
Hemant Warudkar | 03 Sep 2017
Embedded Analytics – Empowering the Masses
Embedded Analytics – Empowering the Masses A business is a combination of various processes. Improvement in that business will happen when all the processes are harmonized. Coordination is needed not only between various departments and their leads but even the employees lower down the rank. This harmonization does not happen by chance but by design.… Continue reading Embedded Analytics – Empowering the Masses
Hemant Warudkar | 03 Apr 2017
Making Sense of Real-Time Data: The Streaming Analytics Dilemma
“Should your business consider streaming analytics of its big data?” With the increasing deployment of this form of analytics, your business managers may have raised this question in the recent past. If you have not concluded yet, read on. Without a doubt, this branch of analytics has made inroads in the past two years and… Continue reading Making Sense of Real-Time Data: The Streaming Analytics Dilemma
Hemant Warudkar | 26 Feb 2017
App Analytics: The Path to Better Apps
App Analytics: The Path to Better Apps In last week’s post, I had talked of m-commerce, and how companies could take advantage of the popularity of mobile devices to leverage their brands. In this post, I will examine application analytics and how they can change the way your company handles data. App analytics refers to a… Continue reading App Analytics: The Path to Better Apps
Samir Warudkar | 13 Sep 2016
Analytics helps Understand Potential of Online Channels in Direct Hotel Bookings
Analytics helps Understand Potential of Online Channels in Direct Hotel Bookings For several years, the hotel industry’s entire pricing strategy globally was – ‘heads in beds’. The thumb rule a hotel’s general manager deployed was – no room must go vacant. Filling hotel rooms (without really factoring in price) was the preferred way. That strategy’s… Continue reading Analytics helps Understand Potential of Online Channels in Direct Hotel Bookings
Hemant Warudkar | 21 Aug 2016
