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All Blog Posts Tagged 'analytics' (426)

Big Data Analytics: The Role it Plays in the Banking and Finance Sector

The finance industry generates a huge amount of data. Did you know big data in finance refers to the petabytes of structured and unstructured information that helps anticipate customer behaviors and create strategies that support banks and financial institutions? The structured information managed within an organization enables providing key…

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Added by Ryan Williamson on September 7, 2021 at 3:00am — 14 Comments

Big Data Technology Importance in Human Resource Management

Big data in human resource management refers to the use of several data sources to evaluate and improve practices including recruitment, training and development, performance, compensation, and end-to-end business performance.

It has attracted the attention of human resource professionals who can analyze huge amounts of data to answer important…

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Added by Aileen Scott on August 24, 2021 at 12:30am — No Comments

KDNuggets.com Launches Free Outlier Analysis Boxplot Template

Visit the KDNuggets.com Statistics page and download a free outlier analysis boxplot template from the Topics section. Boxplot analysis can solve business analysis problems. This free…

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Added by Tom Wolfer on July 28, 2021 at 3:30am — 7 Comments

Dominant Data Science Developments in 2021

There's nothing constant in our lives but change. Over the years, we’ve seen how businesses have become more modern, adopting the latest technology to boost productivity and increase the return on investment. 

Data analytics, big data,…

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Added by Kavika Roy on July 27, 2021 at 2:30am — 2 Comments

Detect natural disasters with the help of predictive analytics tools

Predictive analytics tools are a key asset in detecting natural disasters. With higher accuracy than other weather detection sensors, they can detect early signs of an oncoming calamity to prevent mistakes like the one that happened in 2016.…

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Added by Ari Vivekanandarajah on July 12, 2021 at 5:30am — 1 Comment

De-constructing Use Cases for Big Data Solutions

Big data analytics are used in the tremendously big, varied data groups that include organized and unorganized data from many separate bases, and all over the various sizes from terabytes to exabytes.

Data pertaining…

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Added by Divyesh Aegis on June 28, 2021 at 3:30am — 1 Comment

Using Predictive Analytics to Understand Your Business Future

How accurate is predictive analytics? Is it worth using for my business? How can forecasting and prediction help me in such an uncertain environment? These are all valid questions and they are they are questions your business (and your fellow business owners) must grapple with to understand the value of planning and analytical tools.

While predictive…

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Added by Kartik Patel on June 27, 2021 at 11:00pm — 1 Comment

De-constructing Use Cases for Big Data Solutions

Big data analytics are used in the quite classy analytic techniques on tremendously big varied data groups that include organized, and unorganized data from many separate bases, and all over the various sizes from terabytes to exabytes.

Data pertaining to a massive…

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Added by Divyesh Aegis on June 14, 2021 at 3:30am — No Comments

How Big Data Is Revolutionizing the Healthcare Sector?

The Healthcare sector is one sector that is always in demand. Lately, the rate and necessity of patient responsibility and innovative medicines have developed. With the growth in such requirements, the latest technologies have been adopted in the industry. One such significant development that had to take place is the application of Big Data and…

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Added by Karen Smith on June 11, 2021 at 3:00am — 1 Comment

Why Is There a Shortage of Data Scientists?

Introduction

Data science is driving the industry crazy. It is trending everywhere. Everyone is talking about data science. Whether it’s data science in the industry or data science as a career. Over time, it has become like a superhero! Along with this, we all have frequently heard…

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Added by uma vilas on June 4, 2021 at 8:30pm — No Comments

Time to leverage data trust: Best Techs in Australia

Business intelligence has the potential to help small businesses, crisis management experts, or also business administrators evaluate and appreciate investment opportunities simply and straightforwardly. Furthermore, research is used in the placement of goods in the industry. In reality, knowledge management's value cannot be comparable to that of any…

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Added by Divyesh Aegis on May 28, 2021 at 3:00am — No Comments

Create a Data-driven Operation with Analytics Infusion

When everyone has access data analytics, they have the context to make the best decisions for their team, their department, and the company – in real time.

Facilitating decision making throughout the enterprise starts with commitment from the top

Many…

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Added by Scott Castle on May 24, 2021 at 12:30pm — No Comments

From Default to Debt: Stemming the Flow with Bad Debt Analytics

Telecommunications customer service teams have long been tasked with multiple roles – delivering superior experiences, being savvy with multiple tools, working with bots or assisted automatons, and curating omnichannel interactions to name a few. They are also responsible for ensuring that customers complete payments and clear their dues on…

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Added by Monjima Nandi on May 17, 2021 at 8:00pm — No Comments

Data Analytics: How it Drives Better Decision-Making

Not one or two, but more than enough studies have shown that for businesses to succeed, insights are vital. Insights about customer behavior, market trends, operations, and so much more — the point is that insight is essential. Now, how do you gain these insights then? Data — tons and tons of it — and a technology to help you make sense of it.…

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Added by Ryan Williamson on April 6, 2021 at 9:30pm — No Comments

Why Augmented Data Analytics is the Future of Business Intelligence?

We exist in a world where data is everywhere, not just data but an augmented data. Digging through this data is challenging but enforceable with the right tools. Today, a Business intelligence app makes business goes thrive. There are numerous advantages of business intelligence, and companies are utilizing it more effectively. If your business didn't feel…

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Added by Tyler Brandon on March 10, 2021 at 7:06am — No Comments

Top 6 Regression Techniques a Data Science Specialist Needs to Know

Perhaps most organizations already know what to do with the data gathered. The data is used to make better decisions at work, right? But do you have all the skills needed to parse swaths of data thrown at you?

Well, you might not need to do the digging all by yourself, but you do need to know how to correctly interpret the analysis created by your data…

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Added by Aileen Scott on March 7, 2021 at 5:00pm — No Comments

Get to Know about the Big Data Analytics in eLearning

Big data analytics is concerned with examining data to uncover correlations, hidden patterns, customer preferences and market trends that can enhance decision-making. People are advancing the data science careers to become data analysts and…

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Added by Joseph McLean on February 28, 2021 at 1:03pm — No Comments

(Part 2 of 4) How to Modernize Enterprise Data and Analytics Platform - by Alaa Mahjoub, M.Sc. Eng.

In many cases, for an enterprise to build its digital business technology platform, it must modernize its traditional data and analytics architecture. A modern data and analytics platform should be built on a services-based principles and architecture.…

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Added by Alaa Mahjoub on February 22, 2021 at 3:00am — No Comments

Powerful Business Intelligence Tools for Data Analysts in 2021

We live in an information age where the world of almost every organization revolves around data. Big Data is a field that has been working on the swaths of consumer data for driving valuable outputs. 

This is when companies are…

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Added by Varun Bhagat on February 8, 2021 at 7:30pm — 3 Comments

Discover Data Trends with Embedded Analytics and Business Intelligence

Embedded analytics allow users to integrate business intelligence and its processes into another software application.

Embedded real-time reports and dashboards allow end customers to cheque the data saved in the product…

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Added by Laura Jean on January 22, 2021 at 10:00am — 1 Comment

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