The global deep learning market was valued at $49.6 billion in 2022 and will grow at a compound annual growth…
Data Analytics
Snowflake is a data warehouse architecture built exclusively for the cloud. It combines outstanding performance, high concurrency, ease of use,…
Today, businesses that can collect, analyze, and act on data are at a significant advantage over their competitors. Research by McKinsey has…
The data science lifecycle typically consists of several stages. This includes problem formulation, data acquisition, data preparation, exploratory data analysis,…
Netflix is the undisputed king of streaming entertainment, with over a hundred million subscribers. Its low churn rate of 9% and massive use of big data analytics have helped it become the world’s leading entertainment provider. In addition, its recommendation system is responsible for influencing over 80% of the streamed content on its platform…
The digital economy has progressed beyond the boundaries of gadgets and consumer devices. Today, businesses involved in different kinds of manufacturing and industrial production domains see an aggressive demand from their key markets to drive better efficiency and improved product quality by leveraging digital solutions. The Internet of Things (IoT) …
Automotive companies usually incur 2% to 5% of their revenue on warranty costs. These escalate quickly when considering the scale at which automotive OEMs and suppliers operate. For the most part, these warranty costs are variable and unpredictable, so much so that they can potentially cripple a company’s bottom line.
Times are tough for auto loan companies. Even before the pandemic hit the world, auto loan companies had started facing challenges. Customers were missing their auto loan payments. According to the New York Fed’s Household Debt and Credit Report for Q4 2019, the outstanding vehicle debt had increased by 68% compared to Q4 2008…
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…
Automotive manufacturers have become data-driven. They use data to improve their production capabilities, enhance customer experiences, streamline the supply-chain process,…