Ten Year Ago I Wrote an Analytics Book
DMAI | Philippines Business Analytics Blog
by DMAIPH
1M ago
It is still relevant. That said, even as I update this book, we are still squarely in an MS Excel dominated world where we have an awareness of analytics, but not much has changed across most of the country. How is that possible? Let me explain. I recently spoked at a gathering of about 400 procurement and sourcing professionals. People who depend on analytics everyday. As I surveyed them 90% use Excel as their primary tool for data analysis. And even the ones who have dedicated BI tools, still use Excel for 75% of their analytics work. As I reflect on the increased adoption of more sophistic ..read more
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A Beginner’s 7-Step Guide to Data Analytics
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
Data analytics is a powerful tool that allows us to extract valuable insights from vast amounts of data. Whether you’re a beginner or looking to enhance your skills, this simple how-to guide will help you navigate the world of data analytics. By following these steps, you’ll be well on your way to unlocking the potential of data and making informed decisions. Step 1: Define Your Objective Start by clearly defining your objective. What question or problem are you trying to address? By having a clear goal in mind, you can focus your efforts and select the right data and analytical techniques to ..read more
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“The real power of data analytics lies in its ability to empower decision-making.”
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
In the realm of data analytics, lies a formidable power—the ability to empower decision-making like never before. Data analytics serves as a guiding light, illuminating the path toward informed and impactful choices. Gone are the days of relying solely on intuition or gut feelings. With the advent of data analytics, decision-makers are armed with a powerful tool that goes beyond guesswork. By harnessing the vast volumes of data at our disposal, we gain a deeper understanding of the past, a clearer vision of the present, and a more informed perspective of the future. Through data analytics, we ..read more
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Data Science Dos and Don’ts: Navigating Common Pitfalls 
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
Data science has become a cornerstone of decision-making and innovation across industries. As the demand for skilled data scientists continues to soar, it’s essential to navigate this field with precision and avoid common pitfalls.  Below are some of the most common mistakes made in the data science industry coupled with valuable insights on how to sidestep them. By understanding these pitfalls and adopting best practices, you can elevate your data science journey and maximize your chances of success. Neglecting Problem Formulation One of the biggest mistakes in data science is rushing ..read more
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AI and Data Analytics: Revolutionizing Insights and Driving Innovation
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
In today’s digital age, data is the driving force behind informed decision-making and business success. With the exponential growth of data, organizations are increasingly turning to advanced technologies to extract valuable insights.  One such technology that holds tremendous potential is Artificial Intelligence (AI). Let’s explore the intersection of AI and data analytics, and how this powerful combination is reshaping the future of businesses. AI and Data Analytics: A Dynamic Duo Data analytics involves the process of extracting meaningful patterns, trends, and insights from vast amou ..read more
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“Data is not just a bunch of numbers, but a story waiting to be told.”
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
Data is not merely a collection of numbers; it holds within it the potential to weave captivating tales and unlock profound insights. Behind every dataset lies a story yearning to be told—a narrative waiting to be unraveled. Just like an engrossing novel or a thought-provoking film, data has the power to captivate, inform, and inspire. Through the lens of data analytics, we become storytellers, unraveling the hidden plotlines that lie within the vast sea of information. By delving deep into the numbers, patterns emerge, connections form and a coherent narrative begins to take shape. Every data ..read more
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10 Essential Tips for Success in the Data Science Industry
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
In the world of data science, the power of information unlocks countless opportunities. In this fast-paced industry, success comes to those who are well-equipped with the right skills, knowledge, and mindset.  Whether you’re an aspiring data scientist or looking to level up your existing skills, we’ve got you covered. From mastering technical expertise to nurturing soft skills, these tips will guide you on your journey toward becoming a data science superstar. Continuously Learn and Stay Curious. Data science is a rapidly evolving field, so make it a priority to stay updated with the la ..read more
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How the Latest Trends in Data Analytics Are Shaping The Future of the Call Center Industry
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
As data becomes an increasingly valuable asset, data analytics is becoming a crucial part of many businesses. In the call center industry, data analytics can be used to improve customer satisfaction, reduce costs, and increase revenue. Artificial Intelligence and Machine Learning Artificial intelligence (AI) and machine learning (ML) are quickly becoming some of the most important technologies in the data analytics industry. These technologies can be used to automatically analyze data and find patterns, allowing call centers to make more informed decisions. For example, AI can be used to anal ..read more
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“The best way to predict the future is to create it.”
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
The future can be a scary and uncertain place. But rather than simply trying to predict what might happen, what if we took a more active role in shaping the future ourselves?  We have the power to shape our own destinies, and the best way to do so is by taking action in the present. Rather than passively waiting for the future to unfold, we can actively work towards creating the outcomes we want to see. This mindset is particularly relevant in today’s fast-paced, rapidly changing world. By focusing on what we can control and taking concrete steps towards our goals, we can help shape a fu ..read more
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The Top Industries in the Philippines Benefiting from Analytics
DMAI | Philippines Business Analytics Blog
by DMAIPH
1y ago
Data analytics is a powerful tool that can help organizations across a wide range of industries to make better business decisions. In the Philippines, there are several key industries that are benefiting from the use of data analytics.  Banking and Finance – Data analytics is helping banks and financial institutions to better understand their customers, manage risk, and improve profitability. By analyzing customer data, banks can identify patterns and trends, personalize their offerings, and detect fraud. Healthcare – In the healthcare industry, data analytics is helping to improve patie ..read more
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