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BigDataAnalysis:TheNewBigThingSteveJellinek
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Withbigdata,thereare fourmethodsofdataanalysisrelevantintheretailindustry;predictive,prescriptive,diagnosticanddescriptive.Let’sgoovertheminalittlemoredetail;whattheyare,howtheyworkandwhothey’reusefulfor.
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Predictive
“Predictivedataanalysis,asthenameimplies,usescollecteddatafromthepastinordertocalculatewhatwillmostlikelybecoming forthefuture.”
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Prescriptive
Prescriptivedataanalysisusesyourcollecteddatatoplotoutacourseofactionforthefuturebyrecommendingawaytodosomethingandtheoutcomeforthataction.Ithasbeencalledthe“finalphase”inbusinessanalytics byIBM,whichmakessense.
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Diagnostic
Diagnosticdataanalysisusesthedatayouculltotrytotellyouwhysomethinghappened.Takingtheexampleofbedsheetsfromabove,thismethodofdataanalysiswouldtellyouwhygreensoldtheleast(becausewhowantsgreensheets?).
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Descriptive
Descriptivedataanalysistakesinallthedatayouhave,summarizesitandthenpaintsapictureofwhathappened.Datasuchas likes,retweets,+1’sonGoogle,pinsandmore comprisewhatgoesintodescriptiveanalytics.Allthesethousandsofonlinementionsaredistilledintooneclearandconcise graphictohelpyouunderstandwhatworkedandwhatdidn’t.
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Adigitalworkplaceisagreatspacetostartanalyzingallyourbigdata.Usingdigitalapplicationstocreate graphicsthatcantrackyourdata isanexcellentwaytoputitall
togetherinawaythatmakessense. Oneapplicationthatwill helpyoutrackyourretaildataanalysisis Hadoop,originallymadeusingaGooglealgorithmthatanalyzes
data.
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LiveTiles Designisasoftwaretoolthatpermitsuserswithlittletonoexperiencetodesignafunctioning
companyintranetthroughanintuitivedrag-and-dropinterface.Asusersgainexperience,theycanrefinethelook,functionandappealoftheirLiveTiles-builtintranetbyembeddingsocialmedia,maps,musicorotherAPIsof
thatnature.
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[email protected] @LiveTilesUI www.livetiles.nyc
LiveTiles isaglobaltechnologycompanyheadquarteredin
TimesSquare,NewYork,andMelbourne,Australia.Weoffer
modern,userexperience-focusedtechnologysolutionstothe
enterprise,educationandSMBmarketsandareanaward-
winning MicrosoftPartner.Oursolutions includeLiveTiles
DesignforSharePointandOffice365,LiveTiles Build, LiveTiles
PushNotificationsAppandLiveTilesMosaicforOffice365
Education.
1010
ABOUTUS
Ourcustomersrepresentadiverserangeofglobalsectorsandarespread
throughouttheUnitedStates,UnitedKingdom,AsiaPacificandLatin
America.Sincebeinglaunched asastandaloneproducts companyin2014,
LiveTiles solutions havebeendeployed forsomeoftheworld’smosticonic
brandsacrosstheRetail,Manufacturing,FinanceandEducationindustries.
Wearealsoveryproud tohavemanyleadingMicrosoftservice providersas
membersofourLiveTiles PartnerProgramglobally.
Contactusat [email protected] orforgeneralsales
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HEADQUARTERSNEWYORKCITYUNITEDSTATES11TimesSquare,Level15NewYork,10036+16463296640
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THANKYOU
Organizescatteredbusiness applications anddesignbeautifuldashboards andsitesonMicrosoftSharePoint,
Office365andAzure.Giveteamsthefreedomtospend timecollaborating,notcoding.
