by Amanda Fire | Mar 13, 2023 | Uncategorized
Previously, we discussed how to find out what has happened (Descriptive analytics) and then we got to understanding why it has happened (Diagnostic analytics). It’s time to explore the process of finding out what might happen. Predictive analytics refers to the...
by Amanda Fire | Feb 21, 2023 | Uncategorized
Are you draining your resources by keeping EDI in-house? This short video shares some of the benefits of using a Managed EDI Service Provider like Promethean. While most members of the IT department focus their time and energy on the core competencies of the business,...
by Amanda Fire | Oct 27, 2022 | Uncategorized
Once you have a good understanding of what has happened (Descriptive analytics) it’s time to consider why it happened. Diagnostic analytics refers to the methods used to answer questions about why something has happened. More carefully stated, diagnostic analytics...
by Amanda Fire | Jul 18, 2022 | Uncategorized
Descriptive analytics is using data to answer what has happened. This makes descriptive analytics an essential aspect of every business; before deciding what is next, we need to know what has happened. Most businesses engage in descriptive analytics even if they are...
by Amanda Fire | Jun 28, 2022 | Uncategorized
It’s no secret that businesses constantly review their budgets every year and research new ways to cut costs and eliminate unnecessary tasks that occupy too much of their staff’s time and resources. When it comes time to decide whether to keep your electronic data...
