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Tanmay Bhandari's Blog (13)

How big data is helping to shape political campaigns

2014 was a watershed moment in Indian politics for a variety of reasons. The foremost one was the stupendous victory of the Narendra Modi led NDA in the 2014 Lok Sabha elections. Modi managed to win 282 seats for his party in the elections, the first time in 30 years that a political party had come to power with absolute majority.

Several reasons have been attributed to this victory. Political analysts have spent hours in TV newsroom debates discussing the reasons for this victory.…

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Added by Tanmay Bhandari on June 16, 2016 at 9:00pm — No Comments

Hadoop VS Spark: Which is the best Data Analytics engine?

In the book Hadoop: The definitive guide, Tom white quotes Grace Hopper, “In pioneer days they used oxen for heavy pulling, and when one ox couldn’t budge a log, they didn’t try to grow a larger ox. We shouldn’t be trying for bigger computers, but for more systems of computers.” For long Hadoop has been the data analytics system preferred by businesses all over. The recent entry of the spark engine has however given businesses an option other than Hadoop for data analytics…

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Added by Tanmay Bhandari on June 7, 2016 at 7:29pm — No Comments

TensorFlow: Why Google's AI Engine is a Gamechanger

In May 2006, Larry page, one of Google’s co-founders had said “The ultimate search engine would understand everything in the world. It would understand everything that you asked it and give you back the exact right thing instantly. You could ask ‘what should I ask Larry?’ and it would tell you.” Come 2016, it seems at least part of his vision has been achieved through the release of Tensorflow, Google’s Artificial engine platform.

Tensorflow is a deep learning software…

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Added by Tanmay Bhandari on May 27, 2016 at 5:00am — 1 Comment

Analytics and Pricing Decisions

Enterprises make critical pricing decisions very often, these decisions have a major impact on their profitability index and also determines the bottom line of the organization. Often, managers and analysts are forced to determine prices and discounts with limited available information and inefficient toolsets. Pricing Analytics enables the leadership of a firm to proactively manage pricing policies and strategies and guides them to arrive at the right pricing that is in-line with company’s…

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Added by Tanmay Bhandari on May 14, 2016 at 3:43am — No Comments

Application Of Analytics in Security Systems

Security in today’s world is one of the key concerns for the corporations today. It includes both the data (in different forms) and physical instruments / devises. How secure is my data these days as most of the data is stored at remote locations, which was not the situation few years ago. Now with the advancement of technology, companies are looking for better security to their information.



Major concerns are:

• How can the data be protected?

• How trusted is the security… Continue

Added by Tanmay Bhandari on April 22, 2016 at 9:13pm — No Comments

Analytics in E-commerce industry

The E-Commerce boon didn’t just change the way we buy goods, it revolutionized the way we look at our customers completely. E-Commerce uses analytics as a tool to study consumer behavior further boosting sales, acquiring new customers and building a brand. There are 4 major heads in any e-commerce business that need to be analyzed to ensure proper functioning of the business:

  1. As most of the commerce businesses just act as a platform to connect buyers…
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Added by Tanmay Bhandari on April 6, 2016 at 10:00am — No Comments

Analytics in Telecom Industry

Telecom industry is one which not only sees a large customer base, but a customer base who’s needs and desires are constantly evolving and/or shifting. On top of this, telecom firms face cut throat competition, making it a highly dynamic and challenging industry. In such a scenario, each decision that a telecom firm takes becomes all the more crucial. It is hence imperative for the firm to take decisions based on extensive data analytics so as to ensure efficient and effective use of…

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Added by Tanmay Bhandari on March 24, 2016 at 8:02pm — No Comments

Analytics in Aviation Industry

The aviation industry is a sector involving high cost and security concerns. Analytics in this sector has huge potential, as varied data can be collected at each touch point showcasing customer interests. Crucial factors such as weather forecast should be critically analyzed using sophisticated tools to ensure passenger safety. A lot of logistics complexity also lies straight from building an aircraft to safe take–off and landing. Also, since customers pay the highest prices in this form of…

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Added by Tanmay Bhandari on March 15, 2016 at 7:30pm — No Comments

Business Analytics in Oil & Gas Industry

It is not a huge stretch to say that almost any industrial activity or even a private activity in the entire world is impossible without oil and gas. These resources are not only used in heat and power space but also in everyday items like Manufacturing, Apparel and Transportation. Oil & Gas is acting as a lubricant to smoothen the operation in several industries. However, Oil & Gas industry in itself has undergone most difficult phases in past compared to other industries. The…

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Added by Tanmay Bhandari on February 27, 2016 at 1:33am — No Comments

Credit Analytics and its Application in Businesses

Credit analytics is a way to arrive at creditworthiness of a business or an organization i.e. the ability of the Business or organization to meet its financial obligations. In technical terms, the crux of credit risk analysis lies in identifying the appropriate level of default risk associated with investment in a particular entity.…

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Added by Tanmay Bhandari on February 19, 2016 at 1:19am — No Comments

Redefining HR through data analytics

HR analytics can form a backbone of human resource function of all organizations independent of the sector in which it operates. HR metrics also known as talent analytics or peoples' metrics is a sophisticated application of data mining and data analytics techniques applied on people related data. HR analytics are an essential way to quantitatively gauge the spend and the outcome of employee engagement programs and HR systems to measure…

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Added by Tanmay Bhandari on January 31, 2016 at 7:30pm — No Comments

Business Analytics in Supply Chain

In the modern era of business management, the competition is not among the organizations, it has been shifted to supply chains. Organizations are looking for decision support for the critical tactical and strategic supply chain activities where insights from these activities could help them to reduce their costs and also in optimizing the supply chains. In the world where optimization of processes is essential for survival, Business Analytics is an…

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Added by Tanmay Bhandari on January 26, 2016 at 4:41am — No Comments

Increasing role of Analytics in Sports

The most popular example of application of analytics in sports is from the Hollywood movie Moneyball, which is based on the true story of a baseball coach who assembles a stellar team despite having a very limited budget. He uses the help of an economics student to use data models to identify players who have the potential to perform outstandingly, but are under-valued in the market. Fast forward today, and this has become a best-practice in team-building across nations,…

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Added by Tanmay Bhandari on January 18, 2016 at 3:30pm — No Comments

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