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All Blog Posts Tagged 'business' (89)

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

A Few Useful Techniques for Business Forecasting

Forecasting is the process of making prediction of the future based on past and present data.

In many cases…

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Added by Muhammad Touhidul Islam on July 9, 2021 at 3:00am — 1 Comment

Present and Future of Business Process Automation in Retail

Highlights of Retail automation 

In 2019, Economist…

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Added by Artsiom Balabanau on June 10, 2021 at 11:30pm — 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

Understanding the Role of Power BI in the Manufacturing Industry

Integration of technology in different industries and business sectors has been obvious. The digital transformation streamlines various processes effortlessly. Although the manufacturing industry has been slow to embrace technology. But the right time is here for the production sector to improve decision making and performance from…

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Added by Imenso Software on May 24, 2021 at 5:00am — No Comments

Marketing Automation in Modern Businesses

The opportunities of the modern market, with its eCommerce and multiplicity of…

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Added by Artsiom Balabanau on May 19, 2021 at 12:13am — 1 Comment

How to Grow Your Small Business Using Artificial Intelligence

Image source: pixbay.com

Artificial Intelligence (AI) has numerous applications for small businesses and is not something meant just for large corporations. No one can deny the…

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Added by Gaurav Sharma on May 7, 2021 at 9:36pm — 3 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

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

Using IoT in the Restaurant Industry: Is it Accelerating Business Growth?

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

Is this enough to run a restaurant business successfully…

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Added by Brijesh Vadukiya on February 1, 2021 at 1:00am — No 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

5 tasks You Can Automate in Business Intelligence (BI) and Analytics

 

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

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Added by Laura Jean on January 11, 2021 at 3:00am — 1 Comment

Data-driven, decision-making business intelligence

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,…

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Added by Laura Jean on December 22, 2020 at 1:52am — No Comments

Business Intelligence: How It Can Transform Manufacturing

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…

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Added by Ryan Williamson on September 11, 2020 at 3:40am — No Comments

How Can Companies Get The Most Value Out Of Their Data

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…

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Added by Fahad Zaidi on January 19, 2020 at 6:00am — No Comments

Not tools, focusing on problems: a project cycle in data science

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

  • you have a business…
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Added by Mab Alam on December 27, 2019 at 8:00pm — No Comments

Visually Explained: How Can Executives Make Sense of Machine Learning & Deep Learning?

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…

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Added by Rafael Knuth on November 19, 2019 at 12:30pm — No Comments

What is Business Intelligence? Definition & Example.

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.…

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Added by Priyansha Kansal on November 11, 2019 at 2:27am — No Comments

How Big Data can help your Business Analytics?

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…

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Added by Priyansha Kansal on November 7, 2019 at 10:00pm — No Comments

Surprise – Model Improvements Don’t Always Drive Business Impact

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. …

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Added by William Vorhies on October 14, 2019 at 9:28am — 1 Comment

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