Data Win: Moneyball Your Hiring for Competitive Edge

| April 13, 2017

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Businesses using big data to win a competitive edge over their competition is nothing new. Rarely are there functions within organizations that don’t have a data component to them. Easily-quantifiable areas of business like sales, marketing, and operations have long used customized analytical systems to tweak business processes, planning, and procedures with the goal of increasing profits. As each new business function discovers, adopts, and implements big data analytics and visualization, data-savvy business leaders look for the next area that can potentially be boosted.

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Qbase

Qbase is a worldwide provider of innovative decision support technologies and information technology professional services. Focused on supporting the mission-critical operations of the federal government, civilian agencies and commercial entities in the defense, law enforcement, national security & intelligence, healthcare, and energy sectors, Qbase delivers global life-cycle IT services and world-class data technology and products that solve our customer’s most complicated business challenges.

OTHER ARTICLES

What Is The Value Of A Big Data Project

Article | April 7, 2020

According to software vendors executing the big data projects, the answer is clear: More data means more options. Then add a bit of machine learning (ML) for good measure to get told what to do, and the revenue will thrive.This is not really feasible. Therefore, before starting a big data project, a checklist might come in handy.Make sure that the insights gained through machine learning are actionable. Gaining insights is always good, but it is even better if you can act on this new knowledge.A shopping basket analysis shows which products are sold together. What to do with that information?Companies could place the two products in opposite corners of the shop, so customers walk through all areas and will find other products to buy in addition. Or they could place both products next to each other so each boosts the sales of the other. Or how about discounting one product to gain more customers?As all actions have unknown side effects, companies have to decide for themselves which action makes sense to take in their case.

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COMBATING COVID-19 WITH THE HELP OF AI, ANALYTICS AND AUTOMATION

Article | April 9, 2020

Across the world, governments and health authorities are now exploring distinct ways to contain the spread of Covid-19 as the virus has already dispersed across 196 countries in a short time. According to a professor of epidemiology and biostatistics at George Washington University and SAS analytics manager for infectious diseases epidemiology and biostatistics, data, analytics, AI and other technology can play a significant role in helping identify, understand and assist in predicting disease spread and progression.In its response to the virus, China, where the first case of coronavirus reported in late December 2019, started utilizing its sturdy tech sector. The country has specifically deployed AI, data science, and automation technology to track, monitor and defeat the pandemic. Also, tech players in China, such as Alibaba, Baidu, Huawei, among others expedited their company’s healthcare initiatives in their contribution to combat Covid-19.

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Choosing External Data Sources: 4 Characteristics to Look For

Article | May 12, 2021

Decision-makers at consumer brands are finally realizing the full transformative potential of external data - but they’re also realizing how difficult it is to source. Forrester reports that 87% of decision-makers in data and analytics have implemented or are planning initiatives to source more external data. And those initiatives are growing outside of the IT team; 29% of those surveyed say that IT has primary ownership of data sourcing, down from 37% in 2016. To support these projects, organizations are increasingly turning to a new specialist: the data hunter, who identifies and vets external data sources. It’s a lot of work to build external data-focused teams, and many leaders are realizing that external data is difficult to scale as the source list grows. Perhaps that’s why 66% of those decision-makers surveyed by Forrester report that they’re using or planning to use external service providers for data, analytics, and insights.

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HOW THE CORONAVIRUS (COVID-19) MIGHT BE STOPPED BY DATA SCIENCE

Article | March 16, 2020

We know that data and analytics play a role in everyday products from recommendations on what music we might like to hear to automated re-routing by our GPS system. But how might the power of analytics be brought to bear on a disease that is currently threatening the health and economic welfare of people across the globe?If we rewind the clock to the 1850s, there are two significant examples of how early pioneers in data science made incredible impacts on the world that can provide some insight into what we might see happen next.

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Spotlight

Qbase

Qbase is a worldwide provider of innovative decision support technologies and information technology professional services. Focused on supporting the mission-critical operations of the federal government, civilian agencies and commercial entities in the defense, law enforcement, national security & intelligence, healthcare, and energy sectors, Qbase delivers global life-cycle IT services and world-class data technology and products that solve our customer’s most complicated business challenges.

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