The datapine Blog
News, Insights and Advice for Getting your Data in Shape

Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

business man searching for the right data analysis questions

“Today, big data is about business disruption. Organizations are embarking on a battle not just for success but for survival. If you want to survive, it’s time to act.” – Capgemini and EMC² in their study Big & Fast Data: The Rise of Insight-Driven Business.

It seems like we’re in the midst of a data analysis crisis. Although organizations spend millions of dollars on collecting and analyzing data with various data analysis tools, it seems like most people have trouble actually using that data in actionable, profitable ways. …

READ MORE

7 Ways That Corporate Dashboards Can Make Your Life Easier

Business meeting with a tablet displaying a corporate dashboard

Let’s imagine a hypothetical situation.

You’re an account manager at a leading advertising agency that works with clients all the way from local businesses to international mega clients. Three months ago, you closed your prized Important International Client – a leading manufacturer of anvils. You’re not one to brag about the size of deals, oh no. But you let slide at the water cooler that once your bonus check hits, your partner will be finding a new black BMW M3 outside. You’re glowing with success – not only because of the financial profit this deal will bring to your company, but also because you’ve been an avid anvil collector all your life.

Something about them reminds you of the medieval fiction books you enjoy reading so much. You have 12 vintage anvils in your basement and you’re bidding for 3 more on Ebay. Thanks to your efforts, the Important International Client entrusted your agency with handling their online and offline marketing campaigns. Now their eCommerce store is booming – and everyone and their father is buying anvils.

Finally, the day you’ve been waiting for has come. It’s time for you to present your agency’s marvelous results to the Important International Client. …

READ MORE

11 Sales Reports Examples You Can Use For Daily, Weekly or Monthly Reports

daily weekly sales reports KPIs examples for your business

Using daily and/or weekly sales reports with your team may be the single most powerful action you can take to increase your team’s performance. Don’t believe us? We’ll convince you with an example from another sector – fitness. Let’s say a friend of yours has a goal of losing 10 pounds of fat, or gaining 5 pounds of muscle, over the next 2 months. Your friend excitedly tells you their plan, and all of the actions they plan to take to achieve their goal. “I’m going to cut out carbs, start walking everyday, and drink tons of water” he says with a smile on his face. “I think it’s great that you’re committing to fitness,” you reply. “How are you going to keep track of your goals?” …

READ MORE

The Importance Of Financial Reporting And Analysis: A User’s Guide

Financial reporting is an important part of your business at various levels -from a legal point of view, for your investors, and for internal monitoring

Financial reporting and analysis is one of the bedrocks of modern business. While you may already know that financial reporting is important (at least because it’s legally required in most countries), you may not know much beyond that. So, we designed this blog post to answer the following questions:

  • What is financial reporting?
  • Do all companies do it the same way?
  • Why is financial reporting important?
  • What are some use cases when it comes to making business decisions?

If you find the business of doing business interesting, or if you just want to upgrade your knowledge on financial analysis and reporting, you’ve found the perfect blog post. …

READ MORE

9 Examples of Big Data Analytics in Healthcare That Can Save People

Big data in healthcare holds a great power in store and can help hospitals and medecine in general greatly.

Big Data has changed the way we manage, analyze and leverage data in any industry. One of the most promising areas where big data can be applied to make a change is healthcare. Healthcare analytics have the potential to reduce costs of treatment, predict outbreaks of epidemics, avoid preventable diseases and improve the quality of life in general. Average human lifespan is increasing along world population, which poses new challenges to today’s treatment delivery methods. Healthcare professionals, just like business entrepreneurs, are capable of collecting massive amounts of data and look for best strategies to use these numbers. In this article, we would like to address the need of big data in healthcare: why and how can it help? What are the obstacles to its adoption? We will then provide you with 9 big data examples in healthcare that already exist and that we benefit from. …

READ MORE