How to Cut Costs with Business Analytics

Big Data may be proliferating at an astonishing pace, but managing it isn’t cheap. Business analytics can eat up a huge portion of a company’s budget, and it’s all the easier to let costs get out of control when they’re spread across different departments and functions.

But the cost of implementing business analytics shouldn’t dissuade you from trying to make the most of the data at your disposal. That’s because business analytics can be a powerful tool for cost reduction across the organization. While it may be expensive to implement the strategies and software tools to successfully manage your data, business analytics can be a powerful tool for cost reduction across the business. Let’s take a look at some of the ways you can use business analytics to lower your operating costs all around.

Keep Track of Your Inventory

Moving inventory is the lifeblood of many companies — if you’re

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An Insurance Company For Your Automobile And More

Business & Finance,Advertising & Marketing,SEO marketing,insurance,business ideasIf you’re bringing your brick and mortar retailer online or planning to launch an eCommerce retailer, having a advertising and marketing technique in place would increase your possibilities of success. Business companies that do auditing or analyzing can even do this as effectively. They could send an worker to help another company work out why they’re having issues, or to look for any fraud of their accounts. 1. IDENTIFYING MODULES WITHIN THE WORTH CHAIN – you must deconstruct the present value chain of the promising business idea together with the related costs and value to the client which could appear to be this.

Renters’ insurance , often known as tenants’ insurance coverage, is an insurance coverage that gives a number of the benefits of house owners’ insurance, but does not include protection for the dwelling, or construction, except small alterations that a tenant makes to the structure. These home based … Read More

LQD Business Finance Launches Development of Bitcoin Business Lending Platform

CHICAGO, Feb. 19, 2021 /PRNewswire/ — LQD Business Finance, a leading tech-enabled alternative lender, launches the development of the world’s first Bitcoin business lending platform. This cutting-edge platform will make LQD Business Finance the first company to use Bitcoin as currency for commercial loans.

Chicago-based commercial lender launches the development of first-ever loan service with Bitcoin as currency

While Bitcoin can be used as collateral to obtain a loan currently, the company’s platform will be the first to use Bitcoin as a lending currency. LQD Business Finance’s platform will achieve this goal in two key ways.

First, LQD Business Finance will build upon the Provenance blockchain to make the process of documenting and packaging loans more efficient. “Bringing increased efficiency and accuracy to commercial lending at the core of LQD’s DNA. Adding a blockchain to our existing tech-stack enables us to better achieve that goal,” says LQD CEO George Souri.  

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Getting Waste Wise Managing Waste With Technology Innovation-Madhushree Nayaran, Maria Bystedt

In India, inefficient waste management, by virtue of the burgeoning landfills, is the second-highest contributor of greenhouse gas (GHG) emissions. No wonder, 14 cities in the country are considered the world’s most polluted. It shouldn’t come as a surprise that an everyday problem such as waste management can significantly contribute to climate change. According to a 2016 World Bank report, despite the lowest per capita production of waste, India is the largest generator of waste globally – an unenviable feat achieved due to our population size. India’s material consumption, having risen from 1.18 billion tonnes in 1970 to 7 billion tonnes in 2015, is likely to be more than 14 billion tonnes by 2030. Growing concerns of hygiene during the current pandemic has undone the slow progress made to discourage the utilization of single-use plastics. With population growth and consumptive lifestyle on an upward trend, the need for holistic interventions

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