Power of OR and Analytics professionals in society…
Karthik Jayakumar’s Post
More Relevant Posts
-
The gap between having data and actually using it effectively is something I've witnessed throughout my career. It's why I recently launched PragmaNexus - to help organizations bridge this divide and create real business value from their data assets. If you or someone in your network is struggling with making data actionable, I'd love to connect. Whether it's untapped data assets, manual processes eating up valuable time, or uncertainty about where to start - these are exactly the challenges we're solving at PragmaNexus.
"'We need to be more data-driven" - heard this in your org lately? Here's the uncomfortable truth: Most companies already have valuable data assets they're not using effectively. The challenge isn't collecting more data - it's identifying and activating the gold mines already sitting in your systems. We've seen a consistent pattern: the most successful transformations start with a clear understanding of existing assets and opportunities, not a rush to implement new tools. Drawing from real-world implementations, we've observed how proper data asset discovery can unlock millions in value from previously underutilized systems. Three key insights from our experience: 1. The most valuable insights often come from connecting existing data sources in new ways 2. Teams frequently overlook "boring" operational data that could transform decision-making 3. The best data strategies start with business problems, not technology solutions The companies that succeed don't just collect data - they build a clear roadmap for turning that data into actionable insights. It's about asking the right questions: What decisions could we make better with data? Which insights would actually change our behavior? How can we measure the impact? Want to understand what's possible with your current data? Let's explore how our Data Discovery and Strategy service can help unlock the value in your existing systems: pragmanexus.com/#services
Data Solutions That Put People First
pragmanexus.com
To view or add a comment, sign in
-
"'We need to be more data-driven" - heard this in your org lately? Here's the uncomfortable truth: Most companies already have valuable data assets they're not using effectively. The challenge isn't collecting more data - it's identifying and activating the gold mines already sitting in your systems. We've seen a consistent pattern: the most successful transformations start with a clear understanding of existing assets and opportunities, not a rush to implement new tools. Drawing from real-world implementations, we've observed how proper data asset discovery can unlock millions in value from previously underutilized systems. Three key insights from our experience: 1. The most valuable insights often come from connecting existing data sources in new ways 2. Teams frequently overlook "boring" operational data that could transform decision-making 3. The best data strategies start with business problems, not technology solutions The companies that succeed don't just collect data - they build a clear roadmap for turning that data into actionable insights. It's about asking the right questions: What decisions could we make better with data? Which insights would actually change our behavior? How can we measure the impact? Want to understand what's possible with your current data? Let's explore how our Data Discovery and Strategy service can help unlock the value in your existing systems: pragmanexus.com/#services
Data Solutions That Put People First
pragmanexus.com
To view or add a comment, sign in
-
Unlock the power of #data to forecast future outcomes with #PredictiveAnalytics. Learn how this transformative technology is changing the game for businesses. https://accntu.re/42acLwm
What is predictive analytics? Transforming data into future insights
cio.com
To view or add a comment, sign in
-
The value of high-quality data and actionable business intelligence cannot be overstated. As data collection evolves, so must our strategies for managing and utilizing it. The latest trends in data strategy emphasize the need for careful planning, access to relevant sources, and robust management capabilities. Discover how these trends can help engineers make informed decisions and drive technological innovation. Dive into the top seven data strategy trends today. 📊🚀 #TechInnovation #DataScience #DataManagement #EngineeringExcellence
7 enterprise data strategy trends
cio.com
To view or add a comment, sign in
-
𝗛𝗼𝘄 𝗗𝗮𝘁𝗮 𝗦𝗰𝗶𝗲𝗻𝗰𝗲 𝗖𝗮𝗻 𝗛𝗲𝗹𝗽 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗥𝗲𝗱𝘂𝗰𝗲 𝗖𝗼𝘀𝘁𝘀 𝗮𝗻𝗱 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗣𝗿𝗼𝗳𝗶𝘁 𝗠𝗮𝗿𝗴𝗶𝗻𝘀 📊 “𝘐𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘪𝘴 𝘵𝘩𝘦 𝘰𝘪𝘭 𝘰𝘧 𝘵𝘩𝘦 21𝘴𝘵 𝘤𝘦𝘯𝘵𝘶𝘳𝘺, 𝘢𝘯𝘥 𝘢𝘯𝘢𝘭𝘺𝘵𝘪𝘤𝘴 𝘪𝘴 𝘵𝘩𝘦 𝘤𝘰𝘮𝘣𝘶𝘴𝘵𝘪𝘰𝘯 𝘦𝘯𝘨𝘪𝘯𝘦." – Peter Sondergaard Data science has become the secret weapon that empowers businesses to make smarter decisions and optimize operations. From global enterprises to emerging startups, the ability to analyze and leverage data has shifted from a competitive advantage to an essential requirement for success. McKinsey reports that businesses utilizing data science have achieved cost reductions of up to 20% across multiple operational areas. So, how exactly can data science 𝗿𝗲𝗱𝘂𝗰𝗲 𝗰𝗼𝘀𝘁𝘀 and 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗽𝗿𝗼𝗳𝗶𝘁 𝗺𝗮𝗿𝗴𝗶𝗻𝘀? 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: By analyzing process data, businesses can identify bottlenecks, streamline workflows, and automate repetitive tasks—leading to reduced overhead and faster delivery times. 𝗗𝗲𝗺𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁𝗶𝗻𝗴: Accurate demand prediction enables companies to optimize inventory, reduce waste, and prevent overproduction—saving millions in storage and surplus costs. 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Data science enables businesses to understand customer behavior and preferences, leading to targeted marketing and improved retention, which boosts profit margins. Econsultancy reports that 93% of companies have increased conversion rates through data-driven personalization. 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Predictive analytics can flag potential risks, allowing businesses to mitigate them before they escalate into costly problems. Data science empowers businesses to operate smarter, not harder—driving cost reductions and boosting profitability. A clear example of this comes from the ACFE's Report to the Nations, which found that companies using proactive data analytics tools detected fraud 58% faster and reduced financial losses by 52% compared to those without such tools. This demonstrates how data-driven strategies can protect businesses and enhance their bottom line. 𝗗𝗮𝘁𝗮 𝘀𝗰𝗶𝗲𝗻𝗰𝗲 𝘁𝗿𝘂𝗹𝘆 𝗶𝘀 𝘁𝗵𝗲 𝗸𝗲𝘆 𝘁𝗼 𝘀𝗺𝗮𝗿𝘁𝗲𝗿, 𝗺𝗼𝗿𝗲 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗲𝘀 𝗶𝗻 𝘁𝗼𝗱𝗮𝘆’𝘀 𝘄𝗼𝗿𝗹𝗱. Are you ready to harness the power of data science for your business? Let's talk! #DataScience #BusinessGrowth #CostReduction #Profitability #DataDriven #PredictiveAnalytics #OperationalEfficiency #CustomerInsights #RiskManagement #AIinBusiness
To view or add a comment, sign in
-
Is your data pipeline a bit rusty? Let's face it—inefficiencies in your data engineering workflows can cost you more than just time. They can drain resources, slow down decision-making, and ultimately, put a wrench in your entire operation. But what if you could fine-tune those workflows? Imagine smoother processes, faster insights, and reduced operational costs. Sounds like a dream, right? As data volumes skyrocket, the complexity of managing and analyzing that data grows too. So, how do you stay ahead of the curve? Optimizing your data engineering workflows is the key. By focusing on a few core objectives—scalability, data quality, latency reduction, and cost efficiency—you can ensure your infrastructure is not only robust but also future-ready. Let's break it down: **Scalability**: Building systems that scale with data growth without increasing complexity or cost. **Data Quality**: Ensuring reliable data through automated validation and error correction. **Latency Reduction️**: Minimizing delays in data processing for faster insights. **Cost and Overhead Reduction**: Cutting inefficiencies to lower expenses and operational burden. How scalable is your infrastructure? Can it keep pace with your growing data demands? And more importantly, is your data quality up to the mark for making reliable decisions? Let’s dive into the nuts and bolts of why optimization matters and how it can make a world of difference by reading the blog mentioned below. Click on the link to know more about data engineering and its best practices: https://lnkd.in/gKn4ZuQ8 #DatalensAI #EnterpriseAI #DoMoreWithData #DataEngineering #Blog
To view or add a comment, sign in
-
Hatigen: Empowering Citizen Data Analysts Worldwide At Hatigen, we're pioneering the rise of citizen data analysts by equipping non-technical users with powerful, user-friendly data tools. As businesses across the globe face an increasing demand for data-driven decision-making, our solution bridges the gap between complex data analysis and everyday business operations. Technical Insights: Intuitive Data Platforms: Our platforms offer drag-and-drop functionalities, automated data cleansing, and pre-built analytics models. AI-Powered Assistance: Leveraging AI and machine learning, our tools provide predictive insights and trend analyses without requiring deep technical knowledge. Seamless Integration: Compatible with major databases and business applications, ensuring smooth data flow and real-time updates. Business Objectives: Boost Productivity: Empowering employees to make data-informed decisions swiftly and independently. Mitigate Skill Gaps: Reducing reliance on specialized data scientists, thereby lowering operational costs. Enhance Agility: Facilitating faster responses to market changes and customer needs through immediate access to actionable data insights. By transforming non-technical users into proficient data analysts, Hatigen helps businesses mitigate the challenges of data complexity, drive innovation, and maintain a competitive edge in the global market.
To view or add a comment, sign in
-
Unlocking Insights: The Power of Data Analysis" In today's data-driven world, the ability to extract valuable insights from raw information is paramount. Data analysis serves as the key to unlocking this treasure trove of knowledge, guiding decision-making processes across industries. Whether it's deciphering consumer trends, optimizing business operations, or enhancing healthcare outcomes, data analysis fuels innovation and progress. By harnessing sophisticated algorithms and cutting-edge technologies, analysts can transform complex datasets into actionable intelligence. From predictive analytics to machine learning, the possibilities are endless. Moreover, data analysis fosters transparency, enabling organizations to identify inefficiencies and adapt strategies for future success. In essence, data analysis isn't just about crunching numbers; it's about illuminating pathways to innovation and growth. consistency is just the key you need 🙏 #dataanalysis
To view or add a comment, sign in
-
Unlock the power of #data to forecast future outcomes with #PredictiveAnalytics. Learn how this transformative technology is changing the game for businesses. https://accntu.re/42acLwm
What is predictive analytics? Transforming data into future insights
cio.com
To view or add a comment, sign in
-
Are you prioritizing data gathering in your company? It's important to understand how to approach this task to avoid budget mishaps and data dumps. One way is to prioritize understanding both technical and business data maturity, including the company's culture, data infrastructure, ecosystems, connections, and partnerships. Do you keep track of the ownership and responsibility of the data you gather outside your organization? How is your budget on D&A? It's also important to have a clear data governance model in terms of data usage. Let's answer these questions to ensure effective data gathering and management. Do you ask an AI engine, based on KPI's, or business requirements for a particular project? Share your approach in the comments. #digitalbusinesstransformation #datagovernance #datagathering #datadrivensuccess
To view or add a comment, sign in