Image for post
Image for post
Photo by kkolosov on Pixabay

From questions to answers, an explanation of the complete data analysis process

In my last article, What is Business Analytics? An understandable explanation of what analytics is and what types there are, we defined that word that appears everywhere today: analytics. Also, we have identified 5 different types, which has helped us better understand how we can find answers to different question types by exploring our data. However, extracting value from data is not a single-step process. To extract the right insights from data, we have to go through a process that allows our firms to extract the diamond from the rock.


An understandable explanation of what analytics is and what types there are

An understandable explanation of what analytics is and what types there are
An understandable explanation of what analytics is and what types there are
Photo by Franki Chamaki on Unsplash

With the arrival of Big Data, everything related to data has grown exponentially, mainly due to three of its 5 V’s: speed, variety and volume. The amount of data daily generated has been growing exponentially and that’s the reason why the tools and techniques used to analyse data have had to evolve and adapt to these new changes while new ways of exploiting data are being created.

Big Data is an enabler which allows you to use data in a different, more complete way, and which, together with artificial intelligence, allows you to extract greater value from the data. Companies…


Image for post
Image for post
Photo by Usman Yousaf on Unsplash

Deleting a Python version on your Mac can be a real headache. Many solutions on the Internet do not work, so in this story, I am going to share with you the steps that I have followed to completely eliminate the version of Python that I had installed on my Mac.

Note.- It is recommended that you have a certain fluency with the handling of the terminal.

In my case, I am removing Python 3.9. If you have another version, you will have to replace literal “3.9” of the commands with the corresponding version.

Step 1: Remove the Python framework

sudo rm -rf /Library/Frameworks/Python.framework/Versions/3.9

Step 2: Remove the Python applications

sudo rm…

Understanding poor data quality and where it comes from

Image for post
Image for post
Photo by Tarang Dave on Unsplash

In my previous article, I talked about how poor data quality can severely harm a company, increasing its cost structure and, therefore, reducing its potential revenues. In addition to costs, there are other problems indirectly associated with poor data quality, such as mistrust generated by customers, loss of business opportunities, fraud, or poor decision-making.

However, in most cases, poor data quality does not occur due to specific problems or errors, but to repeated habits, actions, and processes over time that cause small errors, the cost of which may seem negligible but it ends up becoming a high issue for the…


Image for post
Image for post
Photo by Mahkeo on Unsplash

Nowadays, no one can reject the idea that we are moving to a data-driven world. Today any company is guided by data, to a greater or lesser extent, and that means that data quality must be at an enterprise level, ready to be used. When we talk about poor quality data, we automatically think about decision-making processes because it’s the most common situation we understand data quality can really make a difference. However, other business drivers are affected by poor data quality, like customer satisfaction, operational costs, or strategy execution.

If we do some Googling, we can find a lot…


What is Data Management?
What is Data Management?
Photo by Carlos Muza on Unsplash

In recent years, everyone talks about Big Data. We are always connected, so it is no mystery that the amount of data that is generated daily is scary. Throughout these years, a large number of experts and large firms have identified in the data that endless opportunities are generated: cost reduction, operational improvements, a better understanding of our customers or new business models are just some of the examples that new technologies related to Big Data can provide to us and our companies. Even we are talking about data monetization and publishing marketplaces where you can buy it, data has…


Image for post
Image for post

Game theory? Still don’t know what it is? No, it is not a new series that Netflix has released. You definitely should start reading about this because it can help your business. Game theory is used in a wide variety of fields such as economics, politics, or sociology and plays a fundamental role in strategy and negotiation. If you are the owner of your business or participate in decision-making for your company as a manager, you will surely be exposed to situations that require great planning and anticipation. What are the next steps that my business is going to take…


Image for post
Image for post

You have invited your friends, your partner or your family to spend the afternoon at home. You are having quite a normal conversation in the living room. When the night comes, the guests leave and you relax on the sofa, you take your smartphone and start checking the latest posts on your favorite social network such as Twitter or Instagram. Suddenly, boom! An ad appears and your face turns pale. The advert is related to the conversation you had in the afternoon. You wonder, Is it a coincidence? Are they listening? I’m sure that this or other similar situations have…


Image for post
Image for post
Photo by Daniele Levis Pelusi on Unsplash

As the panic continues to spread worldwide and the COVID-19 continues to infect more and more people, the first measures to contain the virus are beginning to be seen: frozen businesses, blocked transport, closed kindergartens, schools and high schools or canceled events are some of the examples. Every country is responding to virus propagation by taking the measures it considers appropriate and trying to break the virus spread inside and outside their frontiers. Over the next few weeks, the progress of the virus’s expansion must be closely watched by governments and they have to check if the measures that are…

Samuel Fraga Mateos

Restorative, entrepreneur, strategic, and futurist. Engineer with a technological background who love business, finance, and strategy.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store