Data Science

| Estimated reading time: 4 minutes

Why ‘Going Mobile’ is the mantra for the Digital Economy

Why ‘Going Mobile’ is the mantra for the Digital Economy

Bangladesh’s growth story can be explained in a number of ways. With steady and consistent growth (+5% GDP Growth) over last one decade, the economy has slowly graduated to the lower-middle income level rung crossing the threshold of USD 1,000 per capita. If the economy can maintain momentum, it will be easy to attain the(…)

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Sampling Simplified – Part 2

Sampling Simplified – Part 2

In the first part of this article, I have touched on some of the basic terminologies on sampling and the first of the five steps of sampling process. The second part starts from where I left off and hope to explain the 4 remaining steps of developing a good sampling plan with some relevant examples.(…)

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Sampling Simplified – Part 1

Sampling Simplified – Part 1

While working on my first professional market research proposal two years back, I had a very hard time designing the sampling process for that project. Once the proposal was finished after many hours of struggle, I was wondering what happened to all the learning from research projects and class lectures from my University days. It(…)

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TIME FOR REAL-TIME MARKET RESEARCH

TIME FOR REAL-TIME MARKET RESEARCH

“The world today is ephemeral”. The statement resonates with our ever-decreasing attention span, our over reliance on the digital world and continuous need for something different. As an individual we are constantly bombarded with information from all sides propelled by our openness to digital channels. Thus our interests and responsiveness is very short lived. Hence,(…)

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3 Industries that are at the cusp of Technology enabled Disruption (Part I)

3 Industries that are at the cusp of Technology enabled Disruption (Part I)

Technology innovations are highly transformative – taking a look at the industrial revolution to the widespread usage of electricity to modern day cyber age, the impact is clear. However, over the last decade the transformation has been exponential with a speed and scale absent before. Here’s a sneak peek into 3 industries that in my(…)

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Market Insight: Supermarket Industry in Bangladesh – Part 2

Market Insight: Supermarket Industry in Bangladesh – Part 2

In the last part we tried to cover the dynamics of the supermarket industry in Bangladesh. In this final part we will look into the sourcing methods, challenges and the ways to overcome them and take this industry further. Raw material procurement a. Supermarkets Value Chain – Indirect Sourcing When a direct sourcing chain is not maintained, as(…)

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Industrial Internet: A Step ahead towards an Artificial Cognitive Society?

Industrial Internet: A Step ahead towards an Artificial Cognitive Society?

The human civilization has increasingly become connected by technology and social media platforms which have forever changed the way we interact with each other. A significant part of our lives are being spent in the digital space and with each generation the time within digital network increases. Movements like “Arab Spring” have exhibited that this(…)

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Adopting Data as Your Strategic Asset: the Newest Form of Competitive Edge?

Adopting Data as Your Strategic Asset: the Newest Form of Competitive Edge?

In today’s world of information warfare, companies have learned to treat their brands as assets in order to differentiate themselves. They invest in their brands to secure higher customer equity and stand out. Conversely, the idea that the immense amount of data more popularly known as “Big Data”, which is generated in course of daily(…)

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Can Bangladesh ride the ‘Big Data’ wave?

Can Bangladesh ride the ‘Big Data’ wave?

With 90% of the world’s data created in the last two years big data (vast amount of data available in every economy, sector and business) has become big news almost overnight, with interest in the topic growing exponentially. As of March 2013, a search on Amazon.com reveals 250+ books, articles, e-books on the topic and(…)

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