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More Analytics Myths Holding You Back
There are plenty of analytics myths that discourage adoption. In this second article we discuss how Advanata overcomes such myths as analytics being time-consuming, impractical, insufficient, and incorrect.
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Smarter Inventory Management with Advanata
Advanata redefines inventory management by taking a customer-driven approach that allows for easy usage by a non-specialist, quick addition of custom inventory goals, and incorporation of inventory structure. A detailed example is given for a garage that wants to balance profits and lead times along with descriptions for other applications.
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We Need Effectiveness, Not Analytics
Quantification is essential for problem solving and can be used to convert between content types. Advanata is based on the concept of effectiveness that utilizes all quantification methods and leverages each resource according to what it does best in a structured manner to deliver results that effectively solve customer problems.
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Can Data Ever Tell the Truth?
Data can never be objective since its construction requires the use of preconceptions. This increases usability for users but decreases objectivity. As content is transformed into more usable forms, it becomes more complex and less available. Advanata simplifies problems thus reducing the need for complex content and increasing its availability.
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The Secret Recipe for Smarter Pricing
Advanata provides an optimal solution to the problem faced by businesses needing to change prices while maintaining other subjective goals. A detailed example is given for a restaurant that wants to change menu prices in order to increase profits while maintaining customer loyalty. Other applications are also briefly mentioned.
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6 Fixes for Great Analytics Results
Analysts face challenges due to poorly framed questions from customers, leading to ineffective analytics. Improved communication is essential for collaboration. By refining questions to be precise, analysts can derive actionable insights. Advanata’s technologies aim to bridge this communication gap, ensuring successful analytics outcomes by promoting better question formation.
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The Hidden Value of Data: Useful or Useless?
Content is essential but varies in value across users. The same document serves different needs, demonstrating content’s polymorphic nature. Effective transformation requires analyzing problems to meet specific requirements. Advanata employs a structured approach to tackle analytics issues, emphasizing customer-driven solutions and the necessity of clear problem definition.
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How to Design Better Products with Advanata
Advanata is a flexible analytical tool for product design, enabling anyone to create products and services tailored to their specific goals. By employing analytics, users can identify problems, set goals, and determine actionable product features without needing extensive technical expertise. This approach is applicable across various products and services.
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Analytics Myths Holding You Back
There are plenty of analytics myths that discourage adoption. In this article we discuss how Advanata overcomes such myths as analytics being useless, confusing, expensive, and unnecessary.
