You Can No Longer Ignore Data Analytics

What do you mean by Data Analytics?

Data Analytics refers to the process of collecting, organizing, interpreting and extracting the useful insights from the raw facts and figures in the huge amounts of data generated by a business on a daily basis. The main responsibility of the data analyst is to translate the burgeoning data into useful perceptions and then into valuable information, assisting the organizations to make smart decisions based on data instead of relying on instincts.

How important is Data Analytics?

In today’s world, accumulation and storage of the massive amount of data streaming into an organization’s databases has become a concern. Volumes have increased to millions and millions of gigabytes. Companies have moved far from just directories, datasheets, and documents.

But at the end of the day, it is almost impossible to analyze and interpret all this data. This data includes not only text but videos, photos, sound recordings and sensor data.

The data streaming into an organization’s data warehouses is increasing at an exponential pace and is expected to grow by up to 50 zettabytes by 2020. A zettabyte is over 931 million gigabytes! Each and every action we do online leaves a digital trace. Every single action we make when we go online such as online shopping, chatting with the friends through social media applications or using GPS equipped smartphones generates data which businesses mine for information. We basically leave digital footprints with every action we take digitally involving the use of the internet.

The amount of data generated is growing rapidly and this requires the use of advanced technology and tools specifically designed for the analysis and interpretation of this enormous amount of data. This is where data analytics come to the rescue. The thorough and in-depth analysis of this “Big Data” requires the use of data analytics software such as Python, SAS, R and Hadoop which were developed specifically for handling Big Data.

Data analysis using these tools with mathematical and statistical algorithms will further assist an organization with developing good decision-making processes and allow it to respond to customer queries rapidly, resulting in an increase in goodwill for the organization. The high accuracy in Big Data analysis also ultimately helps the organizations to increase profits and lower costs.

Developing new products based on ongoing market trends can be done only when Big Data is accurately and precisely analyzed. Customer satisfaction matters a great deal if a business wants to be successful and popular with its target audience. The market trends and customer preferences must be analyzed properly and specifically so as to develop products which are trendy and acceptable to the target audience. The data findings may even assist companies in taking advantage of new market revenue opportunities and ultimately improve customer satisfaction, thereby enhancing the operating efficiency and profitability of the company.

Surprising Small Home Office Ideas

It doesn’t matter if you are working from home or in an office building, your office is one of the places you will spend huge chunks of your time. It is a space you need to be as practical as possible, and you also have to like it. It is very hard to work in an office you hate. If you dislike it, maybe you have an opportunity to change it. Here are a few ideas.

Small Spaces

If you are trying to create a new study or office space at home and don’t have a designated room for it, don’t despair. You can utilize small spaces or corners of rooms that otherwise are under-utilized and gathering dust. Look around you and see what options your home offers. Very often people overlook places because they have been deemed as too small. However, you can make small spaces look bigger with a couple of simple color changes. Once you have located the spaces you want to create an office – get to work. Check what furniture you can move or rearrange so it fits the space and looks at different possibilities for office furniture.

Color Palette

Look at what kind of colors dominate your office at the moment. Perhaps it’s time to switch it up a little. Go bold. Pick your favorite color and use it as an accent color on different parts in the office. Perhaps the wall behind your desk is extremely boring. Paint it your favorite bold color to make space look not only functional but also stylish. If the wall is out of the question because you use it for shelving, a whiteboard, or something else, consider using colored accents in other things – binders, pen holders, notebooks.

Empty Corners and Light

Do you only have a corner to use? That should not hold you back from creating an office for yourself. Find a desk that fits in or makes one your own by upcycling materials. One of the most important aspects will be how comfortable you are sitting at the desk, so make sure it fits. Make sure that the light is appropriate and doesn’t strain your eyes since corners can be quite dark, especially if the window doesn’t quite provide enough daylight.

Utilize Nooks and Crannies

Perhaps you have an empty corner in your bedroom that could easily become office space? Put a desk against the window and when you get too tired from working -you can easily look outside and rest your eyes. If you have a window behind you – make sure the curtains block out enough light for you to avoid squinting, but make sure it’s not too dark either.

Make sure you your brain will look at a bedroom as a relaxation space so make sure you separate the two areas to separate work and rest. You can have modern office space and use softer tones and textures for your bedding and bedroom furniture. This way you can easily work there, but then separate the two spaces and not worry about insomnia because your brain is still in the fifth gear thinking about work.

Secret Spaces

If you don’t want to spoil the rest of the style around the house, blend different styles and textures together. Find furniture you feel good about and that fits the rest of the style in your house. A classic desk probably will not look very good against a modern interior, so find something that looks good as a whole.

If you are short on space, see what kind of shelving you can create or utilize around you. If you have space under the desk and it’s not in the way – boxes are a good way to store items. Nowadays you can also get different solutions to neatly hide everything away when you are done. For example, hang a curtain in front of your workstation so you can hide it from guests and yourself. Otherwise, it might be glaring at you from its corner.

Your home office will become the place where you spend quite a lot of time so keep it organized. If you need a little bit of mess around you while working – organize everything once you’re done. It will give you the satisfaction of a day well spent and it will not stick out from the rest of the house like a sore thumb.