Why Is Data Important for your Business?
Have you ever tried hitting a bullseye with a dart in a pitch-dark room? That’s what it is like trying to succeed in business without the help of data. To decide where you are going with your business, it is essential to first understand how you got to where you […]
Econometrics & How It is Beneficial To Businesses
In this age of big data, companies have tons of data to collect, analyse, and understand to gain deeper insights into their business and make informed decisions. It is the only way companies can know what is working and what is not and decide the right direction based on facts […]
Vehicle Fleet Costs #1
We provide data analytics services .. to a leading transport and logistics group in the UK – one that already operates around the world. In the short term, the Fleet Management team have been told to get on top of fleet and asset costs. This means figuring out the causes […]
Tracking & Analysing Costs
Understanding & challenging costs is more important more than ever. Businesses have data that can help. This blog describes how to put that data to work. It covers four essential disciplines. Knowing what tasks your costs are funding Discovering what drives your costs and where the value is Challenging all […]
How do we find new customers?
What is the top question that business leaders ask when trading conditions become difficult? It’s ‘how do we find new customers?’ This was confirmed at a seminar for business leaders at the Bristol Business School here in the UK. Other versions of the same question included: How do we place […]
Working with The Manchester Growth Hub
A great number of business leaders want to use data to help their businesses to flourish. This is because those who do often do well: ‘Businesses that use data to inform decisions are 23 times more likely to acquire customers, six times likelier to retain customers, and 19 times more […]
How a business can use data to grow
Businesses typically take time to grow. The great majority grow through incremental gains – perhaps through referrals to new potential customers, success with a tender, sheer perseverance attending conferences and trade shows which eventually yield new contacts. Data helps those marginal gains to be bigger and to arrive more often. […]
How a business can make a start with data
If you are a business owner who would like to do more with data but are unsure where to start, this blog is for you. Start with what you know This is the first blog in a series in which we are going to explore how data can be used […]
Learning analysis for success with data
In this blog Paul Clarke, Director at FiguringOutData.Com, explains the importance of a Learning Needs Analysis for businesses looking to identify how learning can have the greatest impact on growth. He also describes an approach that has delivered significant benefit for the businesses within which it was applied. Following the […]
The rise of no-code applications
As a company, we focus upon serving small to medium sized businesses because of a startling statistic. Last year (2020) there were just 8,000 businesses in the UK that employed 250 people or more – and 6 Million that employed less than 250. Both groups delivered 50% of all business […]