“Data will talk to you if you’re willing to listen”— Jim Bergeson.
Few can dispute that.
However, the challenge comes when data transforms into bundles and stacks of unorganized and unstructured data sets. The challenge comes with listening to…Continue
Added by Ronald van Loon on September 19, 2017 at 8:00pm — No Comments
Drones flying in the skies to deliver packages to customers, is how technology based on data and analytics is likely to impact retail industry and consumers both – in near future. New ways and means of understanding the customers are emerging and both, online and offline retailers are embracing this data first strategy. These retailers are trying their level best to match customers to products and services.
Retail is increasingly becoming a data driven…Continue
Added by Chirag Shivalker on September 16, 2017 at 11:00am — No Comments
Leveraging the use of big data, as an insight-generating engine, has driven the demand for data scientists at enterprise-level, across all industry verticals. Whether it is to refine the process of product development, help improve customer retention, or mine through the data to find new business opportunities—organizations are increasingly relying on the expertize of data…Continue
Data & Analytics have become main-stream. Executives and their boards are increasingly starting to question whether their organizations are truly realizing the full value of the insights. A study suggests that 58% of organizations have difficulties evaluating the quality of the data and its reliability, raising a big question to the stakeholders as to “can you trust your data?” On one hand these is this set of people who are worried about the authenticity…Continue
Added by Chirag Shivalker on August 30, 2017 at 3:30am — No Comments
Added by NYC Data Science Academy on September 4, 2016 at 10:30am — No Comments
So far in 2016, we’ve heard a lot about Big Data, the Internet of Things, and the hottest new marketing technique on the block: ‘hyper-personalised’ marketing. Marketers are increasingly interested in focusing their efforts on individuals, not database segments, because that all-important personal attention is shown to increase engagement, inspire customer loyalty and…
Added by Martin Doyle on February 29, 2016 at 3:30am — No Comments
Added by Madhuri Pawar on January 8, 2016 at 4:08am — No Comments
The Russian IT software and services market has completely restructured itself and has evolved significantly after the financial crisis of 2008. The IT software and services market has contributed enormously in the growth of Russian IT industry. The IT software and services market of Russian is anticipated to exhibit progressive 7.2% CAGR through the forecast period and touch US$8628.2 million by the end of 2020.
Added by rakhi w on November 23, 2015 at 3:05am — No Comments
The company that made your smartphone is no longer a hardware manufacturer. It has become adept atharvesting and managing data from it users, too. Every device has a series of sensors, as well as a user…
Companies are fighting tooth and nail to stay ahead of the competition. Besides deploying aggressive market campaigns, they are focusing on increasing their dependency on research in order to understand market competition and trends. The changing market dynamics entails closer look at various aspects connected to the data.
The market research aims at giving business organizations information about customers or markets for making informed business decisions. This effort to collect…Continue
Added by Daina Martin on June 17, 2015 at 9:30pm — No Comments
Over the past six months we have been working with the reliability and maintenance organization within a large oil and gas client to build out their Master Equipment List (MEL). Like many asset-intensive organizations, they have implemented an Enterprise Asset Management (EAM) tool to give them visibility and control over their capital equipment to optimize their maintenance strategies, reduce operating costs, and better manage their workforce and spare parts inventories. The challenge is…Continue
Added by Sullexis LLC on October 6, 2014 at 8:00am — No Comments
There isn’t any specific standard to model data warehouse. It can be built either using the “dimensional” model or the “normalised” model methodologies. Normalised model normalises the data into third normal form (3NF) whereas dimensional model collects the transactional data in the form of facts and dimensions. Normalised model is easy to use as we can add related topics without affecting the existing data. But one must have good knowledge of how data is associated before performing…Continue
Added by Avesh Dhakal on May 29, 2014 at 4:12am — No Comments
If I want to build a house, wouldn't it be wise to learn carpentry? Does the analogy hold for data-analytic multivariate models? Or is it simply enough to let a machine do it, with no knowledge by the machine operator of how to interpret the results from those modeling efforts? Or is it true, as one person has recently asserted, that he could replicate ALL statistical procedures and techniques using MapReduce, without knowing anything about statistics and probability, or the vast collection…Continue
The Big Data Yawn
Over the past couple of months we have met with a number of oil and gas executives to demonstrate our Oil and Gas Solution built on Data-Tactics’ Big Data Engine (BDE). During these conversations it has become obvious that the very mention of "Big Data" produces an involuntary physiological response among business leaders - eye rolls and yawns. It appears that big data has reached the Gartner "trough of disillusionment". These executives have heard from a bewildering…Continue
Added by Sullexis LLC on March 10, 2014 at 6:00am — No Comments
The hype of "big data" has created a mythical god called the data scientist: a lone-wolf, super-smart human with a solid foundation in computer science, modeling, statistics, analytics, math and strong business acumen, coupled with the ability to communicate findings to…Continue
Added by Michael Walker on January 23, 2013 at 9:00pm — 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…Continue
Added by Gaurav Vohra on January 15, 2013 at 12:29am — 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