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Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

According to IDC analysts, businesses were estimated to have spent $215 billion in 2021 on big data and business analytics solutions, a 10% increase over 2020. At the same time, data models for understanding customer intent and other insights are not infallible; even data-driven companies are a constant work in progress.

Data 29
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Why CEOs Can’t Dance Redux

Rick Conlow

They pay way too much attention to shareholders, numbers, and data and not enough to the power of people. A finance executive said this of the decades-old corporate attitude, “We are GM. A global IBM study found that 33% of CEOs had engineering degrees and another 15% had finance degrees. We know everything.

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How People Analytics Can Help You Change Process, Culture, and Strategy

Harvard Business

People analytics — defined as the use of data about human behavior, relationships and traits to make business decisions — helps to replace decision making based on anecdotal experience, hierarchy and risk avoidance with higher-quality decisions based on data analysis, prediction, and experimental research.

Culture 46
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Asset Management – Valuation (Part 2 of 4)

Tom Spencer

As such, analysts will smooth these data. The outperformance of the asset manager versus its benchmark – which can be looked at as alpha generated. If AUM rises with the markets, this is not high-quality growth – especially if the asset manager’s funds are not beating their peers or benchmark. Image: Pexels.

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Chinese Banks Hemorrhaging Deposits, 1st Quarterly Drop Since 1999; Banks Offer iPhones, Even Cars for Large Deposits

MishTalk

Cash rebates, trips abroad, interest rates at the highest premium ever over the official benchmark rate, even free vegetables are among other goodies banks are dangling to get Chinese savers to deposit their yuan in savings accounts. Loan Financing Scheme Will Implode Think Chinese banks can lend money at rates that exceed 7 percent safely?

Banking 74
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The “Smart Society” of the Future Doesn’t Look Like Science Fiction

Harvard Business

In Chicago , for example, predictive analytics is improving health inspections schedules in restaurants, while in Boston city officials are collaborating with Waze, the traffic navigation app company, combining its data with inputs from street cameras and sensors to improve road conditions across the city. Methodology.

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$550 Billion Energy Junk Bond Bubble Busts; "Whac-A-Mole" Distortions in Multiple Markets

MishTalk

The Fed’s decision to keep benchmark interest rates at record lows for six years has encouraged investors to funnel cash into speculative-grade securities to generate returns, raising concern that risks were being overlooked. percent in June, according to Bank of America Merrill Lynch index data. And this is a mania.”

Energy 78