Scene from The Incredibles 2
Promising data-minded individuals are easy to spot from the distance: curious detailed-oriented thinkers, energized by uncertainty, open to opposed opinions and willing work in team iteratively to produce insightful recommendations, but still with feet on the ground.
The analytics job market is nascent and…Continue
A data-driven culture does not happen overnight. Very deliberate & tangible steps need to be taken to foster a data-oriented culture in the following order:
1) A single source of truth: Data sources in large organizations are often siloed in independent systems. Staff can pull the same metric from different systems and get different numbers. A single source…Continue
Added by Pedro URIA RECIO on September 14, 2018 at 3:34am — No Comments
Blockchain is an irrefutably resourceful invention which is practically bringing about a revolution in the global business market. Its evolution has brought with it a greater good, not only for businesses but for its beneficiaries as well. But since it’s revelation to the world, a vision of its operational activities is still unclear. The main question stick in everyone’s mind is – What is Blockchain?
To start with, Blockchain technology serves as a platform that…Continue
According to the IT programming trend, Java is currently more popular than other programming languages in terms of number of jobs, number of existing Java developers and overall usage statics in IT compared to Python. According to the latest usage statistics posted on a popular Technology Survey site, Java is being used by 3.0% websites as a server-side programming language, whereas only 0.2% of websites use Python.…Continue
Data Visualization happens to be an uncomplicated way of assisting the human memory and enhancing decision making. A number of tools are there that are going to cater to the requirements of having a look at humongous statistics to the tune of Peta and Zeta bytes. Number crunching when the amount of data is huge is an incredibly testing job and this is software that is going to be your buddy in addressing testing business dilemmas.…Continue
Added by Pawan Dwivedi on August 3, 2016 at 11:00pm — No Comments
All of us at some point in the process of examining…Continue
Added by Aatash Shah on February 27, 2014 at 3:23am — No Comments
The ‘Bell curve’ or the ‘Gaussian bell curve’ is one of the fundamental concepts on which most of the statistical analysis is based. From social sciences to astronomy to financial services- most of the application of statistics in the real world relies on the assumption that the data being analysed is distributed in the shape of the bell curve.
What does the…Continue
Added by Gaurav Vohra on January 3, 2013 at 8:30pm — No Comments
Merriam-Webster defines analytics as “the method of logical analysis.” In business, analytics is the process of analyzing quantitative data to glean information about performance. This process is often used in marketing departments and in risk management. Analytics is also a very important tool for the management and maintenance of websites.
The field of analytics is growing, as more companies realize the benefits of the method. This is especially true for internet-based…Continue
Analytics is not just pure science; it is part art as well. Organizations that master the fine art of using analytical tools realize increased revenues and enjoy cost savings.
The scientific approach involves the following four key steps:
Added by AcademyForDecisionScience&Analyt on October 29, 2012 at 7:50pm — No Comments
Educating savvy and business-minded Indians on the importance of numbers and analytics in your business is like teaching the properties of sand to someone in the desert, but here is my effort anyway.
The simplest definition of analytics is "the science of analysis." However, a practical definition would be how an entity, e.g., a business, arrives at an optimal or realistic decision based on existing data. Business managers may choose to make decisions based on past experiences or…Continue
Added by AcademyForDecisionScience&Analyt on October 29, 2012 at 7:30pm — No Comments
Author: Rahul Nawab, Co- founder, IQR Analytics and Promoter, ADSA (Academy for Decision Science and Analytics).
In this article we will talk about some of the successful applications of analytics. We will start with 2 different examples which I was reading recently from a podcast of Accenture and then move to some of the other industrial examples.
1. Harrah’s Entertainment
Gary Loveman, CEO of Harrah’s, was presenting at an…Continue
Added by AcademyForDecisionScience&Analyt on October 28, 2012 at 11:15pm — No Comments