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Derick.jose's Blog – June 2014 Archive (2)

5 Analytical Constructs for Modelling Energy Prices

As IOT Data proliferates one of the game changing use cases which it enables is dynamic pricing. As assets get instrumented one can have usage based pricing of assets on lease. We are already seeing disruptions in pricing model in the automotive industry where sensor data which is a proxy for driving habits is fuelling usage based insurance premiums.

Flutura has been working with Utility companies which is one of the industries in Industrial Internet/IOT category undergoing…

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Added by derick.jose on June 23, 2014 at 5:00pm — 1 Comment

22 Non Statistical Questions for a Statistician

We have always believed that when the world of business collides with the world of math, magic unfolds. As these 2 worlds collide, it also presents a set of unique challenges - bridging the semantic language gap between business and math. Modelling complex business outcomes using math requires an interdisciplinary team consisting of business folks, data folks and math folks. While doing so business folks are always at a loss because a language chasm exists. Math folks love their ”geek…
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Added by derick.jose on June 17, 2014 at 2:00am — No Comments

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