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…

Mouth-watering dishes, some secret sauces, relaxed ambiance, expert chefs. 

Is this enough to run a restaurant business successfully…

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…

 

Business intelligence (BI) applications have been around for quite a while, and they've changed the manner in which companies measure and…

The development of business intelligence

Like many technologies, business intelligence models are also evolving. From the early days when BI was limited to excel worksheets, data was mainly stored on paper. Today, BI platforms have evolved so much that they define the course of action for organizations with new and novel approaches to improving efficiency in production, delivering sales and service experience to customers. In addition, knowing where our customers are,…

In recent years, we have seen the Artificial Intelligence field of study appear on several news programs on TV, Radio and Internet.…

Even the layman would know that the manufacturing industry is an inherently complicated endeavor, owing to the many, many factors involved. It has been at the center of some intense change and a lot of this can be ascribed to technology. The evolution of technology over the past few decades has empowered the industry with countless tools and resources, allowing companies operating in the space to continue on the path to growth. Unfortunately, there is one technology that seems to be a tad…

Having spent the better part of the last decade helping organisations in the U.S. and the U.K. use data to drive profit, efficiency, and performance improvements, I thought it would be helpful to jot down best practices for organizations that are looking to get the most value out of their enterprise-level financial and operational data sets.

Every organisation entering the roaring 20s knows that they must use their data as a strategic differentiator to gain a competitive advantage and…

As a data scientist in an organization you frequently find yourself in a couple of situations:

Many executives struggle to make sense of machine learning (ML) and deep learning (DL). Having a pragmatic relationship with technology, executives need to know on a very fundamental level: "What problems do ML & DL try to solve?" A simple, high-level answer to that question is: "It's all about building systems that do certain things better than humans, with as little intervention by humans as possible." That being said, the simplest way to distinguish between ML and its branch DL…

Business intelligence is important for every business. But, there is a lot of confusion about business intelligence.

This is mainly because BI has been defined in different ways. So, we thought what’s better than talking about business intelligence. We dived into the history pages and compiled a list of definitions and examples that will help you understand this concept better.…

Business analytics is here to stay, and most ventures are wrapping their heads around the idea. Numerous data gets collected from various interactions among clients and potential prospects; Big data is referred to as the complex humongous data. It is not a new fad in the analyst industry. Organization requires making top-notch decisions using big data as an essential component in…

Summary:  Data Scientists from Booking.com share many lessons learned in the process of constantly improving their sophisticated ML models.  Not the least of which is that improving your models doesn’t always lead to improving business outcomes.

The adoption of AI/ML in business is at an inflection point. …

Data is the new fuel- it drives businesses towards exponential growths. It has the power to transform operational and add intelligent insights with its immense potential. The key, however, lies with understanding data and its insights.

Logistics, like other domains, can also leverage from the several advantages of data. It all begins with what to do with the collected data. Data Science will come into the picture with its amalgamation of statistical &…

Imagine you’re completing a mission in a computer game. Maybe you’re going through a military depot to find a secret weapon. You get points for the right actions (killing an enemy) and lose them for the wrong ones (falling into a pit or getting hit). If you’re playing on high difficulty, you might not conclude this task in just one attempt. Try after try, you learn which consecutive actions are needed to get out of a location safe, armed, and equipped with bonuses like extra health points or…

Summary:  Whether you’re a data scientist building an implementation case to present to executives or a non-data scientist leader trying to figure this out there’s a need for a much broader framework of strategic thinking around how to capture the value of AI/ML.

There are many articles written from a tools…

BigQuery is Google’s serverless, highly scalable, enterprise data warehouse designed to make all your data analysts productive at an unmatched price-performance. Because there is no infrastructure to manage, you can focus on analyzing data to find meaningful insights using familiar SQL without the need for a database administrator.

Analyze all your data by…

1. Background

New home construction plays a significant role in housing economy, while simultaneously impacting other sectors such as timber, furniture and home appliances. New house sales is also an important indicator of country’s overall economic health and direction. In the last 50 years there has been few significant bumps and turning points in this sector that shaped the trajectory of the overall economy.  Here I review the…

Summary:  Digital Decisioning Platforms is a new segment identified by Forrester that marries Business Process Automation, Business Rules Management, and Advanced Analytics.  For platform developers it’s a new way to slice the market.  For users it eases integration of predictive models into the production environment.

As…