Our Most Popular Managed Services

If you need help deciding what services are best for your business let us know.


 Popular Services
 (347) 830-7322



Tekie Geek Blogs

There Are Answers In Your Company’s Data

There Are Answers In Your Company’s Data

When you’re making important decisions for your business, you need solid data to back them up. Through the use of business analytics, you can take advantage of your quantifiable data to find the right decisions for your business. We’ll discuss the process of using business analytics and how it can be used to your business’ advantage.

What Are Business Analytics?
To get started understanding business analytics, let’s use a hypothetical scenario. Let’s say you have a spinner with five sections numbered 1-5. Whenever you spin the spinner, it has an equal chance of landing on each section. If you spin it 100 times, you will encounter varied results, but let’s say that the results are like this: 1) 13 times, 2) 22 times, 3) 18 times, 4) 18 times, and 5) 29 times.

Predicting the results of another spin might seem random, but looking at the trends, we can make an educated guess. We could say that the spinner will land on an odd number relatively safely. The odds are in favor of this (3 out of 5 compared to 2 out of 5), but the historical data also correlates with this. Out of the 100 spins made, the outcome was odd 60 times.

The ultimate goal of this is to make decisions based on pre-existing results and statistical likelihood. In the above scenario, we’re using information to figure out which section (or sections) is most likely to be landed on, and the result is that an odd number is most likely.

Business Analytics in Action
Analytics are admittedly more complicated than this, but the basic idea still applies. You collect data, find patterns, and make the best decisions you can based on those patterns. A business can use this process in a variety of different ways:

  • Data Mining: Data mining can be used to identify trends and opportunities that may have been overlooked, and it’s all thanks to the incorporation of business analytics.
  • A/B Testing: A/B testing can help your business make better decisions, but it can also help remedy mistakes made in the past.
  • More Accurate Predictions: Statistical analysis and predictive modeling can be used to make educated decisions and optimize the chances of achieving the wanted results.

Using Analytics to Your Advantage
Business analytics can be used to directly influence your business’ operations and procedures. You could improve your sales process using data and insights gleaned from analytics, allowing you to identify who your primary clients and customers are, as well as optimizing how you target them. Analytics can also be used to streamline your inventory management, business finances, and many other critical tasks.

How would your business use analytics? Let us know in the comments, and be sure to subscribe for more great blogs from Tekie Geek.

Technology Basics: Proxy Server
Purchasing Computers for Organizational Success


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Friday, February 15, 2019

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Business Metrics Content Filtering Bookmark Wireless Technology IT Management Law Enforcement Piracy Desktop IT support NYC Device security Hacker Monitoring Relocation managed it services Cost Management Workers Update Saving Time IT consulting eWaste Management Regulation Identity Theft Printer Business Cards ransomware attacks Downtime managed IT services NYC Spyware iPhone Term Computer Computer Malfunction tech support Staten Island Cloud computing Staten Island Customer Service BYOD Miscellaneous Managed Service Provider Business Management Television computer support firms Chromebook Hack Software as a Service Tracking data recovery Settings 3D Printing Google Wallet tech support Data storage Mouse Google Maps Server Botnet Remote Monitoring Training Work/Life Balance Information Staten Island IT support Budget Remote Computing Windows 8 Solid State Drive IT support New York City Browsers Professional Services Technology Telephone Systems Username Hackers Data Breach Network Management Education Patch Management Automation managed IT services staten island data recovery Staten Island Applications Domains Machine Learning Bitcoin Computing Service Level Agreement IT consulting company Social Network Mobile Device Management Windows 10 Tip of the week Computer Care Fileless Malware Mobile Devices IT support Staten Island Politics Equifax computer repair Staten Island Google Docs Public Cloud computer support Antivirus Mobility Backup and Disaster Recovery Startup Specifications Legal Efficiency VoIP Bring Your Own Device managed services Monitors Medical IT Unified Threat Management Disaster Recovery Alert Smartphones Microsoft Office Scalability Music Quick Tips Search Mobile Technology Screen Reader Time Management Hard Drive Distributed Denial of Service IT Services computer repair Printers Virtual Desktop Two-factor Authentication Access Control End of Support Accountants Company Culture Displays Securty Excel Microsoft Analytics Webcam IT consulting firm Privacy Paperless Office CryptoLocker Health IT Reliable Computing Deep Learning Windows XP Hardware Solutions VoIP VPN Advertising managed services Staten Island Downloads Powerful Technology Solutions Big Data Worker Trends Holiday PDF Navigation Vulnerability Upgrade Business Memory Users Money Cloud Regulations BDR Employer Employee Relationship App Data Customer Resource management Emergency Android datto Information Technology Wireless IT consulting Staten island communications Text Messaging Staten Island IT consulting Security Hosted Solutions computer support Staten Island Hiring/Firing Network IT services Staten Island Virtual Reality Uninterrupted Power Supply Compliance Backup Workstations SaaS Apps Malware Recovery Cybercrime Wi-Fi Laptops Data Analysis HTML Touchscreen IT Consultant Wireless Headphones Collaboration Websites IT support firms WiFi Entertainment DDoS Nanotechnology Best Practices CCTV Staffing Directions Laptop Congratulations Freedom of Information Saving Money Language Office 365 Multi-factor Authentication Administration IT support Cache Corporate Profile Digital Payment Computing Infrastructure Project Management Evernote Outlook Software License The Internet of Things Vulnerabilities Microsoft Excel Hacks Visible Light Communication Spam Unified Threat Management Cabling Society Data Backup Best Practice today ’s organizations Streaming Media Lenovo Database Cortana Employer-Employee Relationship Supercomputer Retail Facebook Windows Modem Data Management Social Media Addiction IT services New York City Drones LiFi Meetings Legislation Cloud Computing Business Growth Download Telephony Printing G Suite User Tips Security Cameras News Tablet In Internet of Things Managed IT Tech Terms CrashOverride Vendor Mangement Black Market Save Money Tech Support Telephone System Innovation Internet of Things IT consulting Staten Island Running Cable Tech Google Calendar Virus Microchip Encryption Cybersecurity Cooperation Computers Productivity Sports Flexibility Redundancy Networking Blockchain Emails Documents IT support Staten Islans Workplace Tips Accidental deletion Robot Error Writing YouTube Tactics Administrator Scam Word Mobile Device Voice over Internet Protocol Business Mangement Vendor Proxy Server malware worms Fake News Managed Service computer services Start Menu Notifications Smartphone Augmented Reality Cryptocurrency Access Office Tips Phishing Gmail Hacking PowerPoint Password Physical Security IBM Comparison Government Bandwidth tech support Staten Isalnd History Browser staten island managed services User Tip email scam Data Security Tech Term Passwords Unified Communications Safety Motion Sickness SharePoint Knowledge Web Server Cleaning Data Protection Gadgets Virtual Assistant Lithium-ion battery Flash malware Hard disk Managed IT Services Managing Stress Google Communication Website Private Cloud Twitter Processors computer services Staten Island it support Going Green Tip of the Week IT consulting firms Router Business Computing Upload Managed IT Services Healthcare Samsung Processor Content Tablets How To Ransomware Bluetooth Automobile IT Support Social Engineering Hardware Google Drive Proactive IT Productivity Telephone computer support NYC Hosted Solution Artificial Intelligence Banking Business Technology Network Congestion IT services NYC Staten Island tech support Business Continuity Office Conferencing Outsourced IT Gamification Email Devices Apple Document Management Disaster Maintenance IT consulting NYC Firewall Social Operating System Staten Island computer support Help Desk end-user files Travel Experience Health Thank You Rental Service Network Security Windows 10 Mobile Security Software Internet Virtualization Vendor Management Digital Hard Drive Disposal Google Play data loss SSID Small Business File Sharing Taxes Audit Multi-Factor Security Electronic Medical Records

Newsletter Sign Up