Process mining is changing the way enterprises operate and manage their processes. It tells the process ‘as-is’ and ensures that enterprises and process owners have complete knowledge of the working of their process. In their pursuit of process excellence, businesses can use process mining to truly know their process, evaluate it with the ideal process model, and optimize it when needed. Today, it is a game-changer in the business world but things were not the same just two decades…Continue
Added by Sonika Aggarwal on May 4, 2020 at 2:30am — No Comments
How does one measure the effectiveness of a new Augmented Data Discovery solution? Once the business has chosen data democratization and implemented a self-serve analytics solution, it must measure ROI & TCO and establish metrics that will compare business results achieved before and after the implementation.
Without measurable results, it…Continue
Added by Kartik Patel on July 31, 2019 at 4:20am — No Comments
Whether we know it or not, we use Natural Language Processing every day. It makes it easier for us to interact with computers and software and allows us to perform complex searches and tasks without the help of a programmer, developer or analyst.
In this, the last article in our three-article series we discuss Natural Language Processing and…Continue
Added by Kartik Patel on June 24, 2019 at 8:30pm — No Comments
Visual Analytics and Data Discovery allow analysis of big data sets to find insights and valuable information. This is much more than just classical Business Intelligence (BI). See this article for more details and motivation: "Using Visual Analytics to Make Better Decisions: the Death Pill Example". Let's take a look at important characteristics to choose the right tool for…Continue
Added by Kai Waehner on July 27, 2016 at 10:00pm — No Comments
Time is fast running out for G-SIBS (and indeed D-SIBS) to demonstrate compliance with the principles of BCBS 239. Many surveys have been conducted by firms such as EY, McKinsey and Deloitte – none of which paint a particularly pretty picture in terms of readiness. Most suggest that the majority of banks will only be able to demonstrate compliance with between 25% and 60% of the listed principles by the January 2016 deadline. Why is this?
At a recent industry event discussing…Continue
Added by James Phare on September 15, 2015 at 5:22am — No Comments
All creatures have the ability to sense the surrounding world, but in various ways and degrees. You might envy the bloodhound’s exceptional nose, but humans possess visual prowess that (although it doesn’t match the eagle’s eye in distance) is unsurpassed in the ability to detect and make sense of patterns. Our eyes and brains work as a team to discover meaningful patterns that help us make sense of the world .
Digital computers take input in direct quantitative form constructed…Continue
Data management in the Hadoop ecosystem is still in the early stages of development. The goal…Continue
Added by Michael Walker on July 30, 2013 at 12:13pm — No Comments