Like the rest of the world, the team at Gemini Data has caught Wordle fever. That got us thinking… could using our product, Gemini Explore, make us better at Wordle? The thrill of Wordle is experiencing an a-ha moment (guessing the word!) by understanding relationships between data elements (letters) and understanding the context (possible […]
What is data exploration and how can it help your business?
Analyzing data is one of the most critical aspects of decision making for most organizations, and it touches just about every aspect of a business. Data exploration is the first crucial step in data analysis, where a large data set is explored in an unstructured way to uncover trends, patterns, and outliers. At this stage […]
Data Lake or Data Warehouse: Which does your business need?
How Gemini Stream Can Benefit Your Business
In a recent blog we dove into how Gemini Explore – our solution that enables users to easily and intuitively interact with data using contextual storytelling – works and a few of the benefits that make it so unique. In this article, we’ll explore the first step in data analytics using our full-stack platform: Gemini […]
What to Look for When Choosing a Data Source
While decision-makers at many businesses have realized the power and potential of external data, many are still struggling to figure out how to source their data. As businesses use more and more data to inform decision-making, they’re increasingly leveraging a new kind of specialist – a data hunter who can seek out and identify valid […]
How to Make Invisible Analytics Seamless
It’s no secret that data analytics is being used in just about every aspect of modern life and that businesses are using it to inform and shape smarter decision making. Despite this, many organizations have found themselves lagging on using analytics to their fullest, with some reporting that their in-house analytics adoption has stalled around […]
How Gemini Explore Works
At Gemini Data, we say, “People only hear statistics. But they feel stories.” What we mean is that data on its own is powerful, but with a good story, it’s unforgettable. And that’s what Gemini Explore does – it transforms data and analytics by enabling users to easily and intuitively interact with data using contextual […]
How to Leverage Ad Hoc Data Reporting
The growing amount of data that is collected and organized in an organization means that leaders and professionals can make better decisions, but it also means they have to trust the data insights they receive. This is only possible if data is accessible, accurate, and up-to-date. Ad hoc reporting and analysis tools can provide organizations […]
How Big Data Analytics Can Benefit Businesses
Big data analytics solutions, which use specialized software tools and applications for predictive analytics, data mining, forecasting, and optimization, have become increasingly important for most businesses, no matter what industry they’re in. With these tools, organizations can gather vast amounts of organized and unstructured data, sort and analyze it, and extract patterns and essential business […]
How to Build a Business Case through Data Storytelling
In a highly competitive and digitized world, data has become a critical source of business information on many fronts – from decision making to improving processes. But understanding what data is saying and deriving useful insights from it can be a taxing endeavor, and it’s critical to leverage the power of data in such a […]
Breaking Down the Pain Points of Big Data Analysis
There’s no debating the importance of data for businesses. From understanding customer behavior to onboarding new employees to creating effective marketing strategies, data can influence and inform virtually every aspect of an organization. But, the downside to collecting and using data is the sheer amount of it which can put a strain on a company’s […]
The Power of Graph Technology
As organizations continue to manage more and more data, many of them are increasingly turning to graph technology to leverage data for decision making. In fact, analysts predict that by 2025, 80 percent of knowledge and analytics improvements will be made using graph expertise. That number is currently at ten percent which means that we’ll […]
What are the stages in data lifecycle management?
It’s hard to find a business that isn’t collecting, analyzing, and processing huge amounts of data to inform and influence decision making. Because big data is so critical to how a business operates, it’s equally important to understand how this information is handled and what procedures are being used to manage the lifecycle of data. […]
How Data Science Can Save Your Team
Establishing hiring practices, recruiting, filling positions, and growing teams are all challenges that most businesses face. While there have been some good solutions in the past, such as outsourcing to professional recruiters or restructuring job positions, data science now provides a more promising long-term alternative. Many companies are now using big data to create a […]
How Data Contextualization Makes a Difference in Healthcare
The healthcare industry faces a multitude of challenges in handling the vast amounts of information it works with. From patient data to clinicians’ performance to health stats of different populations, healthcare is awash in information that is critical to the industry. So how do all the different stakeholders in the industry make sense of this information? That’s where data contextualization comes in. Understanding and identifying correlations, patterns, and trends in data is the link between data gathering/analysis and actionable insights.
While the opportunities for the healthcare industry to leverage the power of data contextualization are limitless, in this article, we’ll dive into three examples of how this approach can make a difference in healthcare – from solving problems to uncovering new trends and patterns.
How to Create Compelling Visualizations
With the increasing number of people using electronic devices to stay connected to the world, the volume of information that we all digest has exploded exponentially. But human brains can struggle to understand and make sense of all this data so we often rely on abstraction and analogy to help. Data visualization is a combination of these two things and can help businesses comprehend big data and take action. As such, visualization can be critical to the success and growth of a company.
If you think your business could benefit from a better understanding of its data, keep reading to learn how to create compelling stories to inform and influence decisions.
Three challenges of data visualization
Data visualization is becoming increasingly essential for any business. It represents statistics and other complex information in a more tangible way, making it easier to understand. A deeper and clearer understanding of data is a critical component in research and decision-making, driving industries forward by enhancing narratives and clarifying ideas that are otherwise hard to grasp.
Why Companies Struggle to Use Their Data Effectively
The need for data has become an intrinsic part of modern commerce and allows businesses to inform and execute their strategies for maximum success. Whether it’s in the context of setting up a social media campaign or a search engine optimization strategy, data play a crucial role in any strategy’s success because of how they provide vital insights. When used correctly, a business can make smarter decisions, improve outcomes, and increase efficiency with the help of insights gleaned from data.
While many companies have recognized the benefits of using data, there are also a lot of organizations struggling to use data effectively. It’s very easy to collect data but making sense of it and using it to make decisions and set strategies can be a whole other story. If your business is in this camp, don’t worry, you’re not alone. Using data effectively is a widespread challenge, but there are also solutions.
Keep reading to learn why some companies struggle to use data and the lessons your business can learn from them.
Here’s Why Your Small Business Should Use Data Analytics
The Singapore Institute of Technology and the Institute of Singapore Chartered Accountants recently conducted a study on small and medium-sized enterprises (SMEs) which revealed that about 70% of the 500+ SMEs surveyed had not yet adopted data analytics, with many relying on spreadsheets and databases to store and use their data. This finding suggests a lack of awareness or understanding of data analytics and the benefits it can offer businesses. Additionally, of the 70% of SMEs not using data analytics, half of them reported they had no intention of doing so in the future. With the success of many SMEs, and their positive contributions to world economies, they could be missing out on achieving more growth and a better understanding of their business.
Meanwhile there are many companies who have made the switch to using advanced data analytics and commercial machine learning, a trend that could leave some SMEs in the dust. So how exactly can using data analytics benefit small businesses? Keep reading to learn more about this innovation and why your small business may want to leverage it for success.
The Power of Numbers in Government Data Visualization
Data visualization is a method of presenting information through visual aids like charts, diagrams, or pictographs. The numerical data collected can also be expressed in dots, lines, bars, and other means to show inverse or parallel relationships. Businesses regularly use data visualization in a variety of ways, from showcasing company growth for stakeholders to plotting revenue projections for internal teams. Data visualization is a useful tool to make sense of complex data, help viewers better understand what data is saying, and create powerful stories to inform decision making.
But data visualization isn’t only for businesses and organizations in the private sector. In fact, data collections and graphical presentations are immensely useful for government agencies to study and interpret their community’s needs to make better decisions.
Data visualizations Your Business Should Use
Data visualization is at the heart of many businesses, and it’s as much an art form as it is a science. It’s a way to present information in the form of maps or graphs, making hard data more accessible and tangible. Through effective visualization, you can process trends and patterns more easily than just staring at numbers.
Data Analytics vs. Data Analysis Are They the Same Thing?
With the rapidly evolving nature of technology and its applications to various industries, we encounter new concepts that help us become more efficient at what we do. Data analytics is just one of the many new concepts that businesses are now trying to integrate into their processes. While data analytics consulting companies have been around for quite some time, people seem to be confused about what analytics really means and how it is different from data analysis.
Using Gemini Explore to Boost Sales
We live in a time when data is considered a currency. In almost every industry, there’s buying and selling of data to get profitable results. Data’s value is evident, as seen in the findings of McKinsey and MIT’s researchers. They determined that businesses that are basing most of their decisions on data were, on average, […]
Solutions to Common Issues in Big Data Adoption
Big data can be intimidating to deal with, and even more so if you do business online. Different businesses may encounter different challenges in adopting big data so it’s important that all decision-makers know how to address and solve these unique obstacles. Although data concerns are diverse, here are a few common ones and possible solutions for each.
Demo Intro: Wine Recommendations
https://youtu.be/7ZXM-6Xpq24 Gemini Explore provides a powerful way to visualize data and analyze complex relationships and connections between various people, places, and things. In this demo, Gemini Explore has imported a database of wines from all over the world. The graph shows the connections between the country and particular region the wine is from, the wine’s […]