Better data analysis for better decision making
Data is a natural resource. Its potential must be harnessed carefully from its collection and management to its analysis and insights. In this digital frontier, Statista projected the global data creation to exceed 180 zettabytes by 2025. That’s more than 180 billion terabytes or — if you like zeroes — 180,000,000,000,000,000,000,000 bytes, or 144 x 1022 bits.
Within the mountains of data is information that can provide solutions to everyday life, from classrooms and businesses, to achieving the world’s sustainable development goals (SDGs). Accumulating data is not enough. There is a need to extract the relevant information and insights from the data to make quicker, more informed decisions and generate beneficial actions for our well-being.
The four companies below are leaders in data analytics for devising data-driven strategies. These companies’ offerings and know-how help many organizations and individuals accomplish their objectives.
Data analysis is the key to unlock the vast number of potential solutions obscured in the raw data often readily available. Asking the right questions and pairing with the right technology can open the way to utilize data for better insight and decision-making, and consequently, an advantage over the competition.
This is one of the world’s largest providers of financial market data. It provides extensive reference, and real-time data feeds on the global financial marketplace – from giving 7.3 million price updates per second for over 90 million instruments, to screening for sanctioned securities for risk management through its World-Check tools. Its Tick History draws from archived data from 1996 and is available via Google Cloud Platform.
The information, insights and technology from Refinitiv serve over 40,000 customers and 400,000 end-users across 190 countries. It has one of the richest ESG (economic, social and governance) databases in the financial industry, which investors and corporations trust for its transparency and comprehensive analysis.
Refinitiv is part of the London Stock Exchange Group (LSEG) and has a 30-year agreement to distribute Reuters news and content. It offers a wide-ranging financial data solution, including Refinitiv Eikon, an open technology platform for financial markets professionals; Infrastructure 360 for infrastructure insight and investments; and Sukuk Now, an Islamic finance app and analytical tool.
The Refinitiv Workspace workflow solution with real-time financial data and breaking news is used for market research, monitoring and analysis. It is used by wealth advisors and investment bankers, and even in academic settings such as Yale University and ZHAW Zurich University of Applied Sciences.
Connect with Refinitiv for information, insights, and technology that would enable your organization to execute critical investing, trading, and risk decisions confidently. Stay tuned over the coming weeks for an in-depth analysis of the company’s platforms on the pages of Tech Wire Asia.
This Texas-based, global company provides holistic data insight for brand research and marketing. It is the world’s largest first-party data platform with more than 62 million consumers and business professionals and billions of fully-permissioned verified data points in its dataset.
Its program and field surveys of real people sharing their attitudes, behaviors and insights are the foundation of its robust data. This is accessible through the all-in-one Dynata Insights Platform. It aims to automate the entire marketing continuum to strengthen its market research and fine-tune its advertising strategies.
Dynata is a pioneer in consumer and B2B insights with over 40 years of experience under its belt with more than 6,000 users worldwide from market research, media and advertising agencies to corporations.
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From its start analyzing agricultural data in 1966 as part of the Statistical Analysis System program, SAS now services a broad spectrum of customers seeking to make sense of their data. Its software is installed at more than 82,000 businesses, government and university sites in 145 countries and counts 91 out of the top 100 companies on the 2020 Fortune Global 500 as its customers.
Its use cases range from CIMB Singapore unifying its banking customer data with SAS Viya to Anschutz Entertainment Group (AEG), improving the fan experience and retention for its sports franchises, like the LA Kings and LA Galaxy, with SAS advanced analytics and AI solutions coupled with Microsoft Azure. SAS is also used to produce firm scientific evidence for The Royal Society for the Protection of Birds (RSPB) to design and implement its conservation initiatives in the UK.
Connect with SAS and see what they can do for you.
Tableau is the market-leading choice for modern business intelligence. It has an intuitive and integrated analytics platform that includes augmented Ai technologies such as smart data prep, natural language query and recommendations.
Its foundational technology, VizQL, visually expresses data, allowing it to be seen and understood by anyone. It turns something complex into simple displays that users can access and analyze much more quickly.
Its users span across all industries, departments and international borders. The El Paso Independent School District (ISD) in Texas, for example, uses Tableau to create a series of dashboards for tracking student engagement and participation during remote learning. They checked the well-being of the students and their families and dispatched assistance where required so students’ learning was not disrupted. Dubai Airport, meanwhile, uses Tableau to identify new flight routes and track covid-19 market recovery to inform facility re-opening.
Click here to transform the way your organization use data to solve problems.
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