Click to learn more about author Daniel Jebaraj. For decades, business intelligence (BI) has been limited to power users and senior decision-makers. Business analysts have prepared dashboards and reports and delivered them to the C-suite for high-level strategic discussions. Outside of that rarified atmosphere, business has been conducted without access to real-time data and BI. […]
From Modeling to Scoring: Finding an Optimal Classification Threshold based on Cost and Profit
Click to learn more about co-author Maarit Widmann. Click to learn more about co-author Alfredo Roccato. Wheeling like a hamster in the Data Science cycle? Don’t know when to stop training your model? Model evaluation is an important part of a Data Science project and it’s exactly this part that quantifies how good your model is, […]
The Evolving Role of Big Data in Accident Cost Containment
Click to learn more about author Ben Hartwig. Minimizing the costs of accidents is no easy feat. Doing the research or going through a massive amount of data can be strenuous. Not to mention, if you are not an expert, it will be extra challenging. So if your company is looking for ways to minimize […]
Why Reputation Is Hindering AI and Automation Adoption
Click to learn more about author Tom Allen. The increasing penetration of technological advancements and artificial intelligence (AI) are being adopted by organizations with diverse services and operations to leverage on the utility of the same. The rapid and inevitable metamorphosis to adopt automation is springing amidst the pandemic. However, opinions are differently carved addressing […]
Enterprise Data Literacy: Understanding Data Management
To truly understand data-as-an-asset requires Enterprise Data Literacy, an organizational capability to take, analyze, and use data to remain secure and competitive. But achieving a high Enterprise Data Literacy can remain daunting when business and IT interact together. All too often in the middle of a project sprint, IT gets stuck on a minor problem, […]
Demystifying the New Normal with Data and Analytics
Click to learn more about author Devansh Sharma. Analytics has been a key enabler for businesses in the past few years. We have seen the entire world shift from process-driven to data-driven decision-making. And now that we are standing at the brink of a new normal amidst these unprecedented times, the usage of data and […]
Going Beyond Data-Driven: The Three Pillars of Data Analytics
Click to learn more about author Eva Murray. The push for digital transformation is nothing new. Yet the accelerated adoption of digital transformation inspired by the coronavirus pandemic is unlike anything we have ever seen before. Companies have been forced to quickly ramp up their digital strategies in order to survive in our new world […]
How to Leverage Big Data for Business Intelligence
Click to learn more about author Errin O’Connor. If you have heard about Moore’s law, then you know that in the span of two years, the computer’s capacity increases in terms of memory storage and speed by a factor of two, leading to exponential growth in data generated by those devices. Better devices will produce […]
Six Data-Driven Marketing Metrics for SaaS Businesses
Click to learn more about author Hardik Oza. The Software-as-a-Service (SaaS) market is becoming more and more competitive with every passing day. The SaaS marketer must continuously adapt to market changes and correct the course as needed to stay relevant. A data-driven marketing approach can help in doing just that! Here are six metrics that […]
Why Build a Hybrid Data Lake for Analytics and AI
Click to learn more about author Haoyuan Li. The present global crisis has bolstered cries for cost-cutting across organizations. Data lakes spanning from on-premises environments to a public cloud platform have continued to evolve, frequently striving to keep the infrastructure and operational costs low while providing business agility. At many large organizations, traditional data lakes […]