Every business owner knows (and dreads) the time of the month when rent and utility bills are due. Unfortunately, neither your landlord nor the electric company cares whether your business is wildly successful or struggling in the red. Overhead costs are unavoidable and don’t directly contribute to the product you sell. However, these expenses are…
Many use the terms “data lake” and “data warehouse” interchangeably, but there are actually some key differences. The distinction is especially important if you’re thinking about hiring a development company to build a custom data lake for your business. Big data storage platforms can bring lots of benefits, but only if you build a platform…
According to a whitepaper published by IDC and IBM, the return on investment (ROI) of business analytics solutions that incorporate predictive analytics is about 250%. This statistic illustrates why more businesses are turning toward predictive analytics to stay ahead of their competitors. Technology adoption, after all, is everywhere and in every sphere of operation. More…
![Predictive Analytics Tools Empower Decision-Making [Whitepaper]](https://7t.ai/wp-content/uploads/2017/09/predicitve-analytics.jpg "Predictive Analytics Tools Empower Decision-Making [Whitepaper]")
As the owner of a small e-commerce shop, you’re always searching for the latest and greatest products. Recently, one product line was featured on a popular show and sales skyrocketed overnight. Your website is one of three that carries this product, so you’re inundated with new customers. But being new to this business, you’re unsure…
