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Stay informed and act with confidence. New events and technologies change how we approach our day-to-day, and we are always on the watch for ways that data analytics is shaping the business world. From restaurants to financial services, and everything in between, the importance of data and analytics continues to expand as a market and as a strategic asset.

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Actus Data and Swift Sensors Announce Advanced IoT Analytics Partnership

Partnership adds enhanced analytics and reporting to real-time sensor data

PRESS RELEASE

Austin, Texas and Denver, Colorado — November 2, 2017 — Swift Sensors, a cloud wireless sensor Internet of Things (IoT) company that delivers simple and secure wireless sensor systems for industrial and commercial applications, and Actus Data, a leading provider of artificial intelligence (AI) and advanced prescriptive and predictive analytics today announced that they have partnered to deliver the Swift Sensors/Actus Data IoT Analytics Solution.

Sensor data is one of the largest sets of big data available, and it can provide significant value to a wide variety of businesses, yet it is still largely untapped. By combining the low-cost wireless sensor network and a real-time stream of equipment, machine, and process sensor data with advanced analytics and reporting, Swift Sensors and Actus Data give businesses the insights they need to gain sustainable competitive advantage.

“We are excited to partner with Swift Sensors to help businesses transform IoT data into actionable results,” said Paul Konkel, Chief Executive Officer of Actus Data. “Whether a business is looking for something as broad as increasing operational efficiency or as specific as predicting equipment failures, advanced analytics will increase the ROI of every sensor.”

We help business leverage their data assets by providing actionable analytics. Businesses increase the ROI on their IoT investments by increasing operational efficiency, reducing equipment failure and increasing visibility to Key Performance Indicators.

Sam Cece, CEO and Founder of Swift Sensors, continued by saying, “It is one thing to see sensor data in a database or on a spread sheet, but it is something completely different to bring that data to life with advanced analytics. By working with Actus Data, we are providing our customers valuable insights to make better decisions and deliver data-driven results. There has never been a better time to make the Internet of Things a core component of your business.”

For more information about Swift Sensors please visit www.swiftsensors.com or call +1-866-308-1340. To learn more about Actus Data or get a demo of our IoT analytics modules, email info@actusdata.com or visit www.actusdata.com.

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Press Contacts

ACTUS DATA
Courtney Duffy
cduffy@actusdata.com
+1-720-588-8180

SWIFT SENSORS
Ray Almgren
ralmgren@swiftsensors.com
+1-512-415-3261

About Actus Data
Actus Data is a cutting-edge data science as a service business committed to providing the most advanced, comprehensive, and affordable analytics solutions available. We are data experts with significant business experience who are laser focused on customer success and passionate about delivering value. Our Smart Enterprise Engine powers the AI and advanced predictive and prescriptive analytics that make up our Swift Sensors IoT Analytics Solution gives you everything you need to transform your data into action.

About Swift Sensors
Swift Sensors is a leading supplier of IoT wireless sensor systems with large installations at manufacturing companies such as Kraft Heinz and Dole Foods, and at Restaurants and Food Service organizations McDonalds, Jimmy John’s, Sysco Foods. Our flagship product is the Swift Sensors Cloud Wireless Sensor System and is comprised of full line of battery powered wireless sensors, cloud-based monitoring and alerts, and an analytics platform in a unified solution. Our sensor system proactively monitors and protects a wide range of equipment and processes, is used to comply with regulations, and enhances business performance. Swift Sensors applications include manufacturing, food service, transportation, IT data centers, research and development, and power.

October 27th, 2017|

Title Insurance Meets Data Analytics – A Post From The Disruptive Competition Project

Land Title Guarantee Company uses Actus Data to save money, improve efficiency, and beat the competition to new business opportunities. Read about it in this Q&A from The Disruptive Competition Project:

Title Insurance Meets Data Analytics: Q&A with Land Title Guarantee Company

Clipped from: DisCoProject

This post is part of a series dedicated to highlighting small and medium-sized enterprises across the country employing technology in new and innovative ways.

Denver-based Land Title Guarantee Company celebrates its 50th birthday this year, a milestone reached by offering widespread capabilities with a personal touch. Land Title Guarantee Company services residential, commercial, homebuilder, and lending real estate transactions throughout Colorado, and recently turned to data analytics to glean business insights that have taken the business to the next level. I sat down with Craig Rants, Land Title’s Vice President of Title Operations, to learn about the impact this technology has had on the company’s bottom line.

Courtney Duffy (DisCo): What was life like before you prioritized data analytics at an organizational level?

Craig Rants (Land Title): We have 50 offices throughout the state of Colorado, and 10 years ago all of our offices had green screens with about 20 different reports that had to be run. Data reports would print out, or show up on a screen, and you’d have to run all of the reports to get your lay of the land. We ran a report, and if we had any questions about it, we had to run two more reports. It took hours, and that’s time we could be using in other ways. The process was a burden, and it limited our ability to deliver for clients. By incorporating robust data analytics system, we’ve saved ourselves time and money.

DisCo: Do you have any examples you could share that illustrate the impact that data analytics has had on Land Title?

Land Title: For nearly two years, we’ve been working with a company called Actus Data, which offers us advanced business analytics. The platform aggregates multiple data sources to glean better insights. Now we’re able to slice productivity by office and by customer, looking at revenue and closer volume, as well as the types of analytics around the different products we’re producing, how fast we’re producing it, and more. We’re able to bring in other third party information like customer satisfaction and financial information. It takes just five minutes in the morning to understand very quickly what’s going on. Previously, to go into the same detail, it would’ve taken an hour to read through the multiple reports to find the same information. Actus Data also hosts the platform itself, which made the barrier to entry much faster and more cost-effective for a small- to medium-sized business like ours.

DisCo: You’re a major player in Colorado, and your competitors are national companies that are much bigger than you. How does this technology enable you to compete with the big guys?

Land Title: We’re proud of our market share – we possess about 30% across the state of Colorado. Our larger, national competitors have more resources and finances to devote to problems, so we need to be strategic. The Actus Data platform helps us punch with the big boys without breaking the bank. The good news is that we’re not so small that we can’t be innovative, but we’re not so big that we can’t change quickly. We think we can beat our competition to new business opportunities as they arise every time.

We’re going through a complete rewrite of our own title and closing system. Many companies will pay a Software as a Service (SaaS) provider. The four or five large companies that are our national competition have their own IT teams to write their software. We as a mid-sized company do a little of both. Our IT guys have worked for over a year to develop an upgrade to the entire functionality of our software, into the latest coding languages and open source databases on highly available converged infrastructure. We’re taking advantage of the latest technologies for speed and integration of other data.

DisCo: How can your industry optimize technology down the line?

Land Title: We don’t develop reports anymore, and I think that’s a sign of things to come. Our data analytics dashboard shows us everything that’s happened up through the last business day, providing insights that are ready for analysis right now. These reports used to take us hours to read through and make decisions, and now we use that saved time in other ways. The more information we have, and the more data points we’re using, the faster we’re able to identify things that are abnormal – it’s comforting, particularly from a security perspective. Technology like this, which saves organizations time and money, will result in better customer service and business results.

Courtney Duffy is a Research & Innovation Fellow at CCIA and an MBA Candidate at Dartmouth’s Tuck School of Business.

August 23rd, 2017|

Actus Data and Posera Launch the Posera Advanced Reporting Solution at NRA

PRESS RELEASE

Denver, ColoradoMay 4, 2017 — Actus Data, a leading provider of artificial intelligence (AI) and advanced data analytics for the restaurant industry, along with Posera Ltd., a leading provider of hospitality point-of-sale software solutions, today announced that the launch of the Posera Advanced Reporting Solution will be at the National Restaurant Association (NRA) conference in Chicago, IL on May 20-23, 2017.

The Posera Advanced Reporting Solution is built on the cloud-based Actus Data Smart Restaurant Solution platform and includes interactive dashboards and reports as well as access to advanced AI and analytics capabilities that are robust enough to serve customers as their needs and sophistication grow.

“Actus Data is thrilled to be partnering with Posera to provide in-depth reporting and analytics to their customers,” said Paul Konkel, Chief Executive Officer of Actus Data. “With Posera Advanced Reporting, customers get a powerful, flexible, and affordable analytics solution designed from the ground up to tackle Big Data challenges today and for years to come,” added Konkel.

“To thrive in today’s data rich restaurant environment, it is necessary to move beyond static queries, downloads, and spread sheets that have defined restaurant reporting for decades. By working with Actus Data, we are providing our customers the capabilities they need to make better decisions and deliver data-driven results,” said Dan Poirier, Chief Executive Officer of Posera Ltd.

Visit Actus Data and Posera in booth 6383 at NRA to see the Posera Advanced Reporting Solution first hand.

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About Actus Data
Actus Data is a cutting-edge data science as a service business committed to providing the most advanced, comprehensive, and affordable restaurant analytics solutions available. We are data experts with significant business experience who are laser focused on customer success and passionate about delivering value. Our Smart Restaurant Solution powers Posera Advanced Reporting as well as the AI and advanced predictive and prescriptive analytics that will give you everything you need to transform your data into action.

About Posera
Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay®, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s Maitre’D® and FingerPrints™ restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software, and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages. For more information, visit www.posera.com

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at www.posera.com or under the Company’s profile on SEDAR at www.sedar.com.

Media Contact
Courtney Duffy
720-588-8180
info@actusdata.com

May 4th, 2017|

5 Ways to Take Advantage of Your Restaurant Data

Data is the future for restaurants.

There are many tried and true practices that go into running a successful restaurant. Until now, mastering those made all the difference between a good business and a great one. Today, restaurant businesses of all sizes need to do more with data to reach the top and stay there. Here are five ways that data analytics will help you take your restaurant to the next level.

Interactive Dashboards – Sure, the reports you have been using for years have served you well, but it is time to move on. With a click of a button, interactive dashboards deliver insights across time, location, and other metrics specific to your restaurant. Quickly see things like location performance yesterday versus the same day last year, profit trending compared to projections and from one location to the next, and inventory cost variation over time and by region – no more downloads or spreadsheets necessary. The same old canned reports are no longer enough to provide insights that will give you a competitive advantage.

Data Integration – Dashboards are not very useful if they only show data from one system at a time. Integrating data from your POS, back of house, labor, finance, and other systems provides a 360-degree view on a single pane of glass. Instead of jumping from one screen to another, look at one screen to understand profitability by employee with combined financials, labor, and POS data or check on sales data together with email marketing results to get the ROI of your campaigns. Why waste time every month pulling data from disparate systems when you can have up-to-date information from all of your systems in one place and at your fingertips?

Customer Insights – You know your customers and you do everything you can to keep them happy – now you can use data to know them better and to do more. Tracking menu performance over time and location or customer specific insights like spending habits, visit frequency, and even wine preferences mean better service, happier customers, and higher profits. Using analytics with POS, loyalty program, and demographic data will provide insights that help you turn prospects into casual visitors, casual visitors into regulars, and regulars into advocates.

Predictive Analytics – If you are depending on intuition alone to plan for the future you are at risk of falling behind and fast. Predictive analytics will keep you at the front of the pack. Improve upsell and promotions success using a comprehensive market basket analysis to get the facts about products that sell well together. Optimize labor and menu to match expected weather conditions with advanced predictive analytics that use data from your business combined with weather forecasts. Understand campaign ROI (and match emails to desired outcomes) with detailed statistical insights into sales and marketing results. This is what the big guys do – now you can too.

Automation – All of this might sound great, but doesn’t it just take more time? Data analytics systems help here too. Automated notifications and tasks make sure that insights are delivered to the right people at the right time and this means much more than just sending out a report on a schedule. Get a text that you are close to hitting an overtime hurdle before the schedule goes out. Send reminders and escalate notifications if compliance tasks are left incomplete. See alerts about price changes in time to make adjustments. With comprehensive analytics you not only have better information, you can be more efficient as well.

The bottom line? Restaurants generate large quantities of valuable data every day. To stay competitive and thrive in the market, use data analytics to build on the experience of your team and transform that data into action.

January 13th, 2017|

Big Returns on Big Data without Breaking the Bank

Business decision-makers are programmed to maximize ROI in a number of organizational areas – especially technology. In an article called 8 tips to get more bang for your big data convergence bucks, Thor Olavsrud of CIO.com compiled tips for harnessing converging technologies to maximize return without breaking the bank.

Olavsrud does a good job of calling out some key issues for companies wrestling with Big Data, but it should be no surprise given the forum that most of his tips are targeted at the enterprise level. For example, suggestions about “the basic tenets of Hadoop and distributed computing,” “Using Spark, Apache Drill or other in-memory processing technologies,” and “Hybrid Transactional/Analytical Processing (HTAP)” are significant focus areas if you have a team of data scientists and are managing your own data analytics infrastructure, but what about everyone else?

If you are not one of the big guys, there is little chance that you have the resources required to engage with Big Data at this level. As the article points out, these are difficult issues even if you are the CIO of a large company. The good news is that for an SMB or any other business with limited “big data convergence bucks” there are options.

Data Science-as-a-Service companies like Actus Data take care of crucial details such as linkages between “established enterprise standards like SQL, NFS, LDAP and POSIX” so you can concentrate on what most matters to your business. Businesses of all sizes can outsource all of the technology heavy lifting required to deliver the analytics insights necessary to drive growth, improve profits, and gain a competitive advantage.

There is no shortage of confusion in the market about how to use data to make better business decisions – that is one reason we like to highlight articles like Olavsrud’s. At the same time, it is also very important to know that even if you are not a top tier CIO there are affordable solutions available and that practically every business can have the capabilities necessary to earn big returns on Big Data.

September 7th, 2016|

The Only Call You Need to Make for Big Data

Bernard Marr writes in Forbes that there are four things every business needs to consider when building Big Data infrastructure – data collection, storage, analysis, and visualization.

All of these components working together enable businesses to get value out of their Big Data projects, but each has its own challenges.

As Marr points out, building the individual components internally requires resources and capital. If a company chooses to go with a service provider, there are many vendors to pick from, but most address only one piece of the puzzle.

This can leave the buyer with a hodgepodge of purchased and built components that need to be integrated and managed, resulting in more costs.

The solution is find a partner who can service the entire lifecycle. Companies like Actus Data provide infrastructure requirements like collection and storage, as well as analytic and visualization capabilities within a single subscription offering. This makes management and implementation simple.

If you want to make Big Data work for your business, you don’t have to consider four things, you only need to make one call to Actus Data.

June 22nd, 2016|