How is Buisness Analytics Used in the Philippines?

Another search result that lead someone to http://www.dmaiph.com

And it is a very good question.

Analytics in the Philippines is something that I have spent the past 6 years trying to champion.

We have come a long way, from where hardly anyone really knew what analytics meant to a time where just about every business is trying to get more analytics in it.

By far the most common use of analytics is management reporting. It’s not uncommon for the Philippines to follow trends in American by 10 years or so.. and this is true when it comes to analytics.

10 years ago I was a business analyst and we were pretty uncommon outside corporate America. But in the time since then we have seen an explosion in analytics jobs and now in data science jobs.

The past year we are seeing that trend here in the Philippines.

There are some great business analysts here in the Philippines who do some pretty amazing things with business intelligence tools. But they are mostly limited to descriptive analytics.

The number of Filipinos who can do advanced analytics like building models and predictive analytics are few and far between.

So as of now, most business analytics focuses on reports. Occasionally I see some amazing data visualizations or complex predictive models, but they are still by far the exception to the norm.

In the coming months you will see more and more trainings and courses built around more advanced types of analytics, but I have to wonder if its almost too little too late.

Time will tell.

DMAIPH was set up to facilitate these solutions and bring the talent and the business together. And that is exactly why I wrote Putting Your Data to Work, the first analytics guidebook designed specifically for the Philippines. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly so we can help you take advantage of this unique global opportunity.

Intelligence Gathering and Process Training in Manila

Another search term that someone used and ended up on my blog… wonder what specifically there are looking for.

I love intelligence gathering work myself. When I was at Wells Fargo one of my primary duties was to gather intelligence on others money transfer companies that compete with the bank for remittance market share.

I was really, really good at it and had a lot of fun doing it. I’ve used that passion to help several clients since then.

Helping them look outside their business to start incorporating competitive intelligence into their analytics process.

To the best of my knowledge, no one has put together an Intelligence Gathering Process training for companies in the Philippines.

It sounds like something that would be really interesting to do.

Survey time to see how much interest I can generate.

Analytics in the Philippines – The Philippines is at the center of the action when it comes to solutions to the global need for analytics. Blessed with a solid foundation of young, educated and English speaking workforce, companies around the world are look for Filipino analytics talent to fill analytics positions. DMAIPH was set up to facilitate these solutions and bring the talent and the business together. And that is exactly why I wrote Putting Your Data to Work, the first analytics guidebook designed specifically for the Philippines. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly so we can help you take advantage of this unique global opportunity.

Current Trends in Small Business Analytics

Analytics as a discipline is constantly evolving. Advances in technology allow what was once expensive and difficult to now be at the fingertips of any business user. The goal of analytics is “to turn data into information, and information into insight.” -Carly Fiorina, Former CEO of HP

Fiorina, highlighted some of the key steps in analytics. Reporting turns raw data into information that can be consumed by a company, and through analysis you turn information into insights. Taking her comments one important step further, you need to turn insight into action if you want to progress down the path to value with analytics.

Analytics is constantly evolving, so staying current is paramount to success.

Staying current is all about being strategic in time management. I have to stay up to date on current trends in analytics as well as with new analytics applications and technologies. Besides just staying current for my own benefit, I share relevant updates with my colleagues, clients and followers.

Every few months I devote a day to discover what the current trends in analytics are. I do this both to refresh the slides in my presentation and to refresh my mind to see what I may have missed.

The amount of literature out there on analytics continues to blossom at an amazing rate, making it a true challenge to stay well versed on what’s hot and what’s not. I read a new analytics themed book about once a month and I have well over 200 blogs, web sites and social media groups cataloged. So I like to think I’m pretty well versed on what is current.

If I had to pick 5 current trends in small business analytics to talk about it would be:

(1) Picking a Good Business Intelligence Tool,

(2) Mining Public Unstructured Data,

(3) Mapping Your Business Data Environment,

(4) Centralizing Various Data Sources,

(5) Understanding Data Science and Big Data Analytics.

Every time I go to list the top 5 analytics trends, I find that some things change and some stay the same. Ever since I have been writing about analytics, data visualization is near the top. Business dashboards continue to be a big need. Business Intelligence (BI) tools evolve and new ones’ pop up, but Tableau continues to be a market leader.

Small Businesses who want to optimize the use of analytics need to start with finding a good BI tool to help them make sense of their business data. MS Excel is the most common option to get started with.

Small Business Analytics – The field of small business analytics is just starting to blossom as companies are looking for more data-driven decision-making to prosper in the age of Big Data. DMAIPH is at the fore front of providing analytics training, consulting and outsourcing options to small businesses. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation on how to get more analytics in your small business.

Big Data Analytics > The Art of Presenting Big Data  

It has been my experience that presenting Big Data requires quite a bit of artistic ability.

I will be talk about the Art of Presenting Big Data among other topics at an event this coming February 21 in Ortigas.

For me there is a clear need to Apply a Process to Present Big Data Clearly . This process has 3 parts.

Selecting the Appropriate Presentation Format to Communicate Your Findings Effectively to Your Audience
Mastering the Power of Enchantment
Sharing Findings from Big Data to Drive Decisions Within Your Organization

Knowing How to Select the Appropriate Presentation Format to Communicate Your Findings Effectively to Your Audience is where we will stat.

To that end I have a checklist I use before every presentation I share involving Big Data:

Know Your Audience
Consider Time Constraints
How Will The Data Be Consumed?
Can The Data and Analysis Be Accessed?
Make it Interactive

DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings. We tailor each training event to meet the unique needs of the audience. If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation on which of our DMAIPH analytics training solutions is best for you.

Big Data Analytics: Interpretation and Assessing Results > 2/21/17

I will be speaking on February 21, 2017 at Discovery Suites, Ortigas Center, Pasig City on Data Analytics.

With that in mind, I wanted to share a little more detail about each section, next up…

Enabling Your Business to Make Smarter Decisions Section 3: Interpretation—Assessing Results

Participants will be able to Articulate the Importance of Accurately Interpreting Data. Having the right data at your fingertips is essential to being successful with analytics.

We will also be able to Determine and Analyze Risk, Uncertainty, and Probability. With so much data, you need to know what data to analyze when to stay ahead of the game.

I will also talk about how to Spot Patterns, Trends, and Fluctuations Through Correlation, Regression, and Descriptive Statistics. Analytics techniques like these will keep you on the cutting edge.

Attendees will be able to Understand when to employ Descriptive, Predictive or Prescriptive Analytics. Each type has a specific use, make sure you know when to use each one.

And finally we will discuss how to Build Data Models. You don’t need to have high priced, complicated software to do some basic data modeling. I’ll show you some examples.

That’s section three… I’ll go over the last section in the next few days.

DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings.

We tailor each training event to meet the unique needs of the audience.

If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help.

Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation on which of our DMAIPH analytics training solutions is best for you.

Big Data Analytics: Using Business Intelligence Tools – 7/11/17 in Ortigas

A good analyst uses Business Intelligence Tools like Batman uses devices stored in his utility belt.

Per Wikipedia, business intelligence (BI) tools are “a type of application software designed to retrieve, analyze, transform and report data for business intelligence. The applications generally read data that have been previously stored, often, though not necessarily, in a data warehouse or data mart.”

Knowing what business intelligence tool to employ to what data set in order to conduct analysis and present your findings requires a thorough understanding of what tools are available and what they can do.

The key general categories of business intelligence applications include:

Spreadsheets
Reporting and querying software: applications that extract, sort, summarize, and present selected data
Online analytical processing (OLAP)
Digital dashboards
Data mining
Process visualization
Data warehousing

By far the most common business intelligence tool used is MS Excel. Having at least a intermediate masterly of Excel is a good start in understanding how business intelligence tools work.

Learning to run formulas, insert pivot tables and produce simple visualizations using charts and graphs give a foundation in how to take data and do something with it to inspire analysis.

Using Excel also teaches you how data needs to be structured, formatted and managed. You can’t run even basic analysis activities if your data is not encoded in a way that your tools can make sense of.

Once you have mastered the use of Excel then the logical next step is using BI tools that pull data from Excel. For example, Tableau is a BI tool that can extract data from Excel to build more powerful data analysis and visualizations.

BI tools can also be used to mine data from large data storage systems like data warehouses, data lakes and data marts. Again, understanding how data is structured in important. Knowing how queries are written (for example in SQL) to extract data is important.

If you are looking to get a better understanding of what tools you should be using to analysis the data in your business, you can join my next training seminar (July 11, 2017) in Ortigas.

Analytics Training – DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings. We tailor each training event to meet the unique needs of the audience. If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation on which of our DMAIPH analytics training solutions is best for you.

Big Data Analytics:Big Data—It’s Not Just Size > 2/21/17

I will be speaking on February 21, 2017 at Discovery Suites, Ortigas Center, Pasig City on Big Data Analytics and Business Intelligence.

With that in mind, I wanted to go into a little more detail about each section, starting with…

Enabling Your Business to Make Smarter Decisions Section 1 : Big Data—It’s Not Just Size

Participants will learn to Describe the Importance of Effectively Analyzing Big Data in Business Today . Being able to explain analytics to non-technical people is very important for any analytics solution to work.

We will also come up with a Data Map to Analyze the Big Data in your business. A data map allows you to see how data comes into the business, where it is stored and how it is accessed. Knowing you data environment is key to having clean and valid data in your analysis.

Another goal will be Establish Clear Objectives When Analyzing Big Data. Knowing exactly what your end user needs, how they want your reports and what will happen to the fruits of your analysis will allow you to be much more value to the business.

I will show attendees how to Recognize and Apply Various Data Collection Methods . Way to often we get stuck by not having documented are process clearly. Having an easily traceable and repeatable process will make your analytics life much easier.

In addition, we will talk about how to Identify and Resolve Problems Associated with Data Collection . Not all data is good data. In fact cleaning data can eat up a lot of time, but it’s a better alternative to reporting based on bad data.

We will discuss the difference between Data Warehouses and Data Lakes. Knowing how data is used in your organization, who has access to it and what they do with it goes a long way in making sure your entire organization becomes more data-driven.

Finally, we will determine when to use Data Blending in your analysis. How to take all of the Big Data you have both inside and around your business and bring them together to give you a 360 degree view of things is also very important to success.

Thats section one… i’ll over the next 3 sections over the next few days.

If you are interested in attending this training, I can connect you with my good friends at Ariva Events Management who will be facilitating the program.

The Secret to Being a Great Analyst

The secret behind just about anything successful is having a plan.

What is your analytics plan?

How will you empower analysts to add value?

What data techniques can you learn to have a greater impact?

How can you get your hands on new technologies to enhance the way you work with data?

You need a plan.

An analytics action plan.

An analytics strategy plan.

An analytic roadmap.

Whatever you call it, you need a plan that combines the right analytics talent, the right analytics techniques and the right analytics technology.

You need to build a map of how your data flows through your business.

You need to identify people in your organization that are curious and comfortable using data to make decisions.

If you are ready to build your analytics plan and need to ensure it will achieve you goals, I will be facilitating a training class on February 21 in Ortigas. Send us an e-mail to analytics@dmaiph.com to register or to get more information.

I will help you come up with an analytics plan to help you start taking advantage of the business data you have in order to increase efficiency and grow profits.

Unlock the Power in Your Data Using Analytics – All Attendees Get A Copy of My Book!

E-mail us at analytics@dmaiph.com to register for the training or to request more information!

By now just about everyone knows that there is almost limitless opportunity buried in their business data. The big question facing business analysts, leaders, managers, and owners is how do I unlock that potential.

For a lot of us, we just aren’t sure where to start.

Do we go out and hire an expert analyst or data scientist and hope they can make it all work out?

Do we buy a new business intelligence or data modeling software and hope our current team can figure it out?

Do we send our people to training so they can learn new ways to identify, inventory and integrate business data into our decision-making processes?

Well, successful companies do all three. They line up the talent, technology and technique to empower the business with solid analytics.

Hiring a new employee or brining in a consultant will help you address the lack of talent you have working with your business data. Curious people, adept at working with technology and being able to translate your business questions in to valuable insights is generally step one.

As you bring that new person into the fold though, it is just as important to make sure your team is ready to start using more data in their business processes. You can’t expect one person to fix it all, you need to open up your business culture to embrace more data-driven decision-making.

Once you have the talent in place then I suggest you focus on technique.

Invest in some training to get everyone on the same page. If you have a technological solution in mind, then have them trained on that too. So much time is lost because people tasked with analytics are under trained.

Then, when you have everything lined up. That’s when you spend on a software solution. New tools for data acquisition, storage, analysis and reporting generally fail if you don’t have the talent and technique in place first.

If you still aren’t sure how to get started, I will be facilitating a training class on February 21, 2017 at Discovery Suites in Ortigas.

I will help you come up with a analytics action plan to help you start taking advantage of the business data you have in order to increase efficiency and grow profits.

Data Analytics Training on Feb 21

Did you know that most successful businesses have solid data analytics in place across their entire organization?

Organizations that invest in data analytics generally make much better business decisions then one’s that don’t.

In fact, IBM found a few years back that companies who use data analytics are up to 10x more efficient and 33% more profitable the ones who don’t.

By bringing data together data from across the business, companies can get real-time insights into finance, sales, marketing, product development and much more.

Data analytics enables each team within the business to collaborate, achieve better results and outsell the competition.

Join us on February 21, 2017 in Ortigas, and learn how to turn your business data into insightful and actionable analysis.

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