Data Analytics in the Food and Beverage Sector: Examples and Uses
In this competitive edge, no one can ignore the importance of data as it plays a crucial role in making decisions. The food and beverage industry is also using data analytics due to high demand for personalized services. The industry has accepted many changes and finally, all managers have decided to reduce product size without… Continue reading Data Analytics in the Food and Beverage Sector: Examples and Uses
The Future of Recruitment: Use of AI for Better Hiring
Recruitment has become one of the toughest, most challenging, and most time-consuming functions of HR (human resources). Finding the suitable talent for the appropriate position at the right time is very important for the success and growth of any organization. Especially in MNCs, the challenges related to streamlining the whole talent acquisition process carefully while… Continue reading The Future of Recruitment: Use of AI for Better Hiring
How to Achieve Business Success with Customer Intelligence
Customer Intelligence (CI) is a crucial aspect of generating sales. Without it, it’s difficult to understand the expectations of customers from your brand and which message will force them to make decisions. Fortunately, it doesn’t have to be challenging to acquire customer intelligence. In this blog, let’s explore how businesses are leveraging customer intelligence for… Continue reading How to Achieve Business Success with Customer Intelligence
How Do You Target the Right Audience using Marketing Intelligence?
As a business professional, you are probably responsible for making many important decisions, whether it be something as simple as drafting a social media post for the company account or coordinating the arrival of a revolutionary product to market. But with the burden of this many decisions, how do you know if you are making… Continue reading How Do You Target the Right Audience using Marketing Intelligence?
Why Your Company Needs Modern Business Intelligence in 2023?
In 2023, the international business intelligence market size is aimed to register a value of US $28,216.8 million. It is aimed at growing to $56,200.9 million by 2023. The market value of mobile BI is predicted to reach a CAGR of 22.43% between the forecast period of 2021 and 2026. Business Intelligence Definition Business intelligence… Continue reading Why Your Company Needs Modern Business Intelligence in 2023?
Innovations in Predictive Analytics: ML and Generative AI
With the introduction of ChatGPT-3 and DALL-E2, the majority of investors started showing interest in businesses building generative AI. Moreover, the fact is generative AI is not enough to reach the needs of the AI revolution. The success of predictive models is relevant to the science fiction future that the majority of the customers want… Continue reading Innovations in Predictive Analytics: ML and Generative AI
How to Use QSR Intelligence to Drive Revenue Growth
Data analytics has been transforming different sectors for many years, and the QSR (Quick Service Restaurant) sector is one of them. There is an increase in demand for Quick Service Restaurants (QSRs) with the change in consumption patterns, hectic schedules of people, and expansion of eCommerce channels in the market. By keeping the needs of… Continue reading How to Use QSR Intelligence to Drive Revenue Growth
Predictive Analytics in Marketing: Hype or Reality?
Latest surveys report that the use of predictive analytics in marketing has increased after realizing its importance at the business level. Organizations looking to stay in a dynamic world use data analysis to predict upcoming shifts. Despite being predominantly used, there is a threat that it can become burdensome for users. The worldwide market for… Continue reading Predictive Analytics in Marketing: Hype or Reality?
How to Boost Retail Revenue with a Product Recommendation Engine
Both eCommerce and retail companies struggle to track changes in customers’ preferences and constantly update themselves to serve accurate recommendations. The solution to such a problem is the use of AI-driven product recommendation engines. Both retail and eCommerce businesses adopt ML-based personalized product recommendations to select items to be displayed across the web or social… Continue reading How to Boost Retail Revenue with a Product Recommendation Engine