Jan 28, 2015

McKinsey & Company Sees Big Value in Big Data Analytics

It is no secret that data analytics tools are increasingly proving to be invaluable at improving efficiency and increasing profit margins in business. Major...

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It is no secret that data analytics tools are increasingly proving to be invaluable at improving efficiency and increasing profit margins in business. Major...

It is no secret that data analytics tools are increasingly proving to be invaluable at improving efficiency and increasing profit margins in business. Major business industry players such as McKinsey & Company are recognizing this phenomenon:
http://www.mckinsey.com/insights/business_technology/getting_big_impact_from_big_data

McKinsey & Company is a global management consulting firm comprising of technologists, data experts, and executives who use their experience and expertise in advising, managing, and coaching to help clients become more proficient in developing workforce skills, driving operational improvement, and applying new working methods. Thus, they know a thing or two about the importance of data efficiency in delivering lasting results.

They recognize that the process of successfully employing methods to achieve large-scale results can be a challenge, but that, along with organizational adaption, analytic tools such as data visualization software can deliver fast results and build confidence in a business’ front line. McKinsey & Company cites data visualization as one of three emerging technologies proving successful in helping businesses deal with the challenges of achieving scale.

Data visualization software is part of a trend of “democratization” in the analytics world, a term used to describe self-service tools that puts analytics straight into the hands of frontline users. Instead of limiting use to coding experts, these tools put users directly in control of their data, which helps them address issues and make business decisions. Many large corporations have already made major investments in these types of tools, including Walmart, American Express, and Procter & Gamble.

ZoomCharts not only provides such tools, but is also a leading brand in advanced data visualization software. All charts are fully interactive, support massive amounts of data, work on every modern device including touch-enabled technology such as tablets and mobile phones, and they do it all with incredibly high-speed performance. As McKinsey & Company suggests, big business is quickly catching on to the high impact that software like ZoomCharts offers. Currently, ZoomCharts works with clients in a number of educational fields, including sciences and mathematics, such as anatomy, biochemistry, ecology, microbiology, nutrition, neuroscience, physiology, zoology, chemical engineering, geochemistry, molecular biology, geology, paleontology, physics, astronomy, algebra, computer science, geometry, logic, and statistics, and the arts such as, music, dance, theatre, film, animation, architecture, applied arts, photography, graphic design, interior design, and mixed media: an impressive list that just keeps growing.

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