As per recent estimates, there are about 3.09 billion active video gamers. The gaming industry is, in fact, one of the world’s…
Predictive Analytics
When there is so much data available within and outside an enterprise, it can be a challenge to make sense of it and get quick answers to critical business questions. Business leaders often spend countless hours updating spreadsheets and waiting for answers…
Analytics are everywhere. Data analytics has been the primary focus for many industries to stay competitive in the ever-so-growing marketplace. And data-driven decision-making has been an essential part of organizations so that they are well-prepared to deal with uncertain times. According to Statista, the data analytics market revenue is predicted to hit 68 billion dollars by 2025
Understanding the Difference between Descriptive, Diagnostic, Predictive, and Prescriptive Analytics
In this age of digital content, the volume of data that enterprises generate, process, and analyze, is humongous. Data Analytics is being used by enterprises across various industry verticals and sizes to extract meaning and insights out of the raw data. The influx of data has led businesses to use Business Intelligence tools…
The digital economy is fast becoming one of the most prolific growth stories the business world has seen in history. Buoyed by the COVID-19 pandemic, most organizations have ramped up and accelerated the pace of adoption of digital transformation to meet the constantly evolving and dynamic aspirations of digital-savvy customers…
For manufacturers, the digital economy has turned up the heat for investments into data-driven business outcomes. At the heart of…
Becoming a data-driven organization unlocks a competitive edge by increasing the capacity to identify and respond to the needs of…
According to the survey conducted by Honeywell, unscheduled downtime is one of the major causes behind the loss of revenue…
Predictive modeling is a technique that is used to predict future behavior. Predictive modeling solutions use data mining and probability…
The time has passed when organizations had to run through hoops to get relevant data about their market, business, clients,…