One of the biggest obstacles to turning data into actionable insights is the lack of effective data sharing.
Since solar lanterns have higher adoption rates than clean cook stoves, such alternatives to kerosene for lighting may provide quick, cost-effective data for promoting policies that reduce indoor air pollution.
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Having strong popular products for both businesses and consumers has enabled us to capture the most effective data possible to then learn from and deliver to our business users regarding their campaigns and strategies.
To have effective data means focusing on the quality (accuracy, scope, timeliness and recency), usability (ease of use, concise presentation, etc.), accessibility, sales mobility (ability to transact with customers regardless of location), and intelligence (trends, recommendations, profile matching, etc.), according to Deepa Mani of the Indian School of Business, a member of the research team.
FORBES: Does Better Data Lead To Better Corporate Performance?
While this decision is certainly tempered by the needs of the company, the scale up approach will help enterprises accurately prepare for their current Big Data needs by buying limited hardware and add more racks in a cost-effective manner as data needs increase.
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Today, the most formidable tools to effectively manage unstructured data include natural language processing, ontologies and data mining, which together support the effective use of unstructured data.
The company is working to make it more effective for unstructured data, he said.
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That big data mess is the rule rather than the exception was made clear this week by the InformationWeek 2013 Big Data Survey, which reported that only 9% of respondents rate their companies as extremely effective users of the data they have.
The Times also has a nice article about two economic rock stars, Emanuel Saez and Thomas Picketty, who have been extremely effective at putting together data and analysis on rising economic inequality.
Irina Bokova underlined the importance of a comprehensive approach, from early childhood to higher education, as well as the need for reliable statistical data for effective planning and a broad vision of the development of the entire education sector.
With better structuring of data and more effective use of analytics, companies can become better prepared for risk and more nimble in their response to events.
The hot IT buzzword of 2012, big data has become viable as cost-effective approaches have emerged to tame the volume, velocity and variability of massive data.
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The bottom line is that effective email marketing relies on consumer data to drive content, offers, timing and many other elements of message strategy.
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Numerous digital data sources are becoming available because of a combination of increasing data storage, data processing and data transmission productivity (effective available bandwidth appears to double approximately every 21 months).
PDAs remained effective tools for retrieving bits of data on the run as long as they had been synced and poor tools for taking notes for an extended period of time.
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Good data is essential to effective policy and action.
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Effective today, Globalgig offers the following data packages for mobile broadband access in any country where service is available.
Yet the benefits of improving data to make it more effective can be staggering, according to a new study from the University of Texas, Austin, and the Indian School of Business.
FORBES: Does Better Data Lead To Better Corporate Performance?
Will Salesforce.com reinvent this category or will its partners sufficiently address the need customers have for a cost-effective, easy-to-use data environment that is optimized for analytics across Salesforce.com data and any other source?
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Research on the program is largely sponsored by the First Tee itself, but the available data suggest that it is effective, particularly in developing the ability of participants to manage their emotions, set goals and resolve conflicts.
We need to alter the school schedule to make more effective use of instructional time, use data more effectively to make critical decisions, and break down the barriers that exist between our schools and parents and the larger community.
Both the Switzerland-based Basel Committee on Banking Supervision1 (BCBS) and the Financial Services Authority2 (FSA) in the UK have recently made it clear that when relying on manual processes, desktop applications or key internal data flow systems such as spreadsheets, banks and insurers should have effective controls in place that are consistently applied to manage risks around incorrect, false or even fraudulent data.
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This huge volume of data creates a need for cost effective digital storage.
LinkedIn is providing more efficient and effective ways of sharing and managing talent management data and information in the cloud.
But overall, many say there aren't much data about whether prizes are more effective in promoting innovation than other types of funding, such as in-house development.
WSJ: Prizes Abound but Unclear if They Are Best Way to Get Innovation
Effective September 30, 2002, actual basic pay data will be used to calculate the future liability for employment related benefits.
It had to be innovative and user friendly, cost effective, robust on demand analytics, leverage master data and keep pace with the business.
By combining clinical, social and research data, researchers aim to identify more effective treatments, improve drug safety, assess risks to public health and study the causes of diseases and disability.
If job creation through crowdfunding is going to be effective, and credible, there needs to be data and tracking behind it, which will in turn help guide all those involved in creating access to capital towards more effective jobs creation.
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Many utilities lack the depth of data needed to implement more cost-effective asset-management systems like condition-based monitoring and maintenance methods, which utilities in Europe and Asia are adopting to enhance the efficient use of capital and reduce operations and maintenance costs.
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