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DATA IS TO BUSINESS, WHAT OIL IS TO CARS

Data is to Business, What Oil is to Cars

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A Mobile Data Collection App For Retail Execution.

GoSpotCheck.com

DATA IS TO BUSINESS, WHAT OIL IS TO CARS

A Mobile Data Collection App For Retail Execution.

GoSpotCheck.com

Data production and usage is becoming increasingly vital to business.

In response, many non-tech companies have developed advanced technology departments.

One of these companies is Under Armour, the clothing and sporting goods manufacturer.

“Data is the new oil. The companies that do well are the companies

that use math.”

Kevin Plank, CEO of Under Armour, spoke at SXSW 2016 about how businesses benefit from digital endeavors.

Kevin Plank, CEO of Under Armour, Inc.

During its expansion, Under Armour acquired 3 tech companies and combined them into a Connected Fitness Division. Data played a pivotal role in the

company’s growth.

SENTIMENT ANALYSISUnderstand public opinion through social media analysis.

Natural language processing can filter through millions of posts to find those meaningful to your business.

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USED BY STARBUCKS, THE AMERICAN CANCER

SOCIETY, AND MORE.

the value of mathematicians

MATHEMATICS IN BUSINESSAlgorithms can efficiently digest thousands of data points per

second. The demand for mathematicians is growing in the modern data-rich world of business.

BUSINESSES THAT BUILD STRATEGY BASED ON DATA ARE AT AN ADVANTAGE. Mathematics, therefore, are more important to business today than ever before.

How have you used data in your business? Tell us in the comments!