Key Differences Between Machine Learning and Deep Learning That You Need to Know
Machine learning and deep learning are two of the fastest growing technology trends with a potential to offer plenty of promising opportunities with their diverse applications. Over the years, machine learning capabilities have improved in crunching large volumes of data. Today, they are widely used in various applications such as smartphone apps, email spam, and […]
Will 2018 Be The Year for The Cloud to Come at The Forefront in Data Analytics?
In the year gone by – 2017 – the trends that dominated were in the realms of analytics of things, FinTech and self-service analytics, artificial intelligence, decentralization of data, and several others. According to market experts, these trends will continue to remain in the forefront, but other trends would also make an entry in the […]
The Big Step from Business Intelligence to Advanced Analytics
As a manager, business owner, CEO or other important cogs in the wheel of your organization, one is continually striving to improve and streamline business processes to increase output, productivity, and profitability. With emerging market trends and changing customer needs, it becomes necessary to alter or at least, tweak the business processes in a way […]
Big Data Meets Blockchain – What Does it Mean for Enterprises?
“There is a growing agreement among technology companies that the blockchain is essential to unlocking the potential of the Internet of Things” – Don Tapscott Possibly, and some may say questionably so; blockchain is amongst the most significant developments in information technology in the recent years. It has the potential to change dramatically the way […]
The Real Power of Unstructured Data
As businesses break down their silos and take a “customer-first” approach, they are beginning to rely heavily on data and data-driven insights to make real-time business decisions. Especially the marketing functions have been at the forefront of leveraging data to enhance the overall customer experience. In 2016, almost 56% of the companies considered data-driven marketing […]
What Is Machine Learning For Data Science?
This blog aims to give better insights into Machine Learning in the Data Science context, its practical uses, and benefits to the industry. But before delving deeper into this topic, let’s briefly understand what exactly is Data Science and Machine Learning. In simple terms, Data Science is a collection of disciplines, which includes math, statistics, […]
Top 10 Big Data Mistakes and How to Avoid Them
Today, organizations of all sizes are deploying big data solutions to derive actionable insights from their structured and unstructured data and improve their business outcomes. A study by CIO Insight found that 65% of global C-suite execs believe that their organizations will risk becoming irrelevant or uncompetitive if they do not embrace big data. For […]
All You Wanted to Know About Predictive Modeling and Didn’t Know Whom to Ask
Predictive modeling is a technique that is used to predict future behavior. Predictive modeling solutions use data mining and probability to analyze past and current data to forecast future outcomes. It answers the questions: What will happen in future? How does it affect my business tomorrow? For example, if a customer has purchased a laptop, […]
Deriving Business Value from Digital Transformation
Digital transformation is assisting businesses to explore new ways of managing work, collaborate more effectively with their workforce, and gain faster information access. Today, enterprises which have embraced digital technologies are able to attract the best talent, optimize their core business processes, and improve customer satisfaction. Businesses can stay more competitive with better process automation, […]
How Self Service Analytics Is Empowering Modern Businesses
The fast-changing business models, dynamic markets, and increasing customer expectations have forced enterprises to keep pace with these changing requirements by empowering their employees with the right data at the right time. With more number of businesses competing with data, there is a greater need for employees within the enterprises to gain better insight into […]