Turning data into profit
Turning data into profit
Even if you’re not a data or a numbers person, there’s a lot you can learn using simple tools and spending just a little time investigating the information you already have. So where do you even begin? Read on for starting points.
In today’s business landscape, data has become one of the most valuable resources a company can have – especially for small and medium-sized businesses (SMBs). In 2006 British mathematician Clive Humby remarked that "data is the new oil": like crude oil, raw data on its own isn’t very useful, but when refined (analyzed and processed), it becomes incredibly powerful.
"Data" extends beyond modern computation, with a rich history in empire-building and maintenance. This talk explores the evolution of data regimes from past to present, highlighting their role in power structures. It also proposes methods to address injustices embedded within data systems.
Curious about collecting the right data and leveraging existing tools for business insights? This post explores essential tools for gathering information, showcases various data ecosystems, and demonstrates how to use these resources effectively. Learn how to generate actionable insights based on accurate data for improved decision-making in your business.
