Any organization that needs to discover distinct groupings of consumers, sales transactions, or other types of behaviors and items may find cluster analysis to be a helpful data-mining tool. For instance, banks employ cluster analysis for credit rating and insurance companies use it to identify fraudulent claims. And we know, all the organization domains would […]
Cluster Analysis 101 in Data- Driven Decision Making Read More »
With growing demand for data there’s an increasingly growing competitive business intelligence and analytics market. Today, we believe a critical aspect of assessing modern BI solutions is to understand more than the present capabilities of various software. Here’s when Tableau comes handy in Business Intelligence solution. This is why Tableau is distinguished from other business
Tableau – A Contemporary Approach to BI and Analytics Read More »
‘Crowd Analysis’ – Does that word ring a bell? Let’s take a moment reminding all analytical tools like Google Analytics, Moz Analytics, Pinterest Analytics, Twitter Analytics, and the gamut of data that these tools analyze in day-to-day lives. Being a marketer myself, I and my team understand the importance of Analytics. It is significant to
Crowd Analysis – Can you Notice a Pattern? Read More »
When it comes to money, trust in transactions has always been a wobbly affair. So when virtual currencies like Bitcoin were the talk of the town. The users found a huge gap as there was no trustworthy and reliable system in place to authenticate the virtual currency transactions. On the digital platform, there are currently
Blockchain in Data Science – The Future of Data Integrity Read More »
Consumers today have an overwhelming number of options regardless of the business. Most shoppers experience “choice paralysis” when presented with so many options; this condition occurs when there are more options than we can reasonably process. As a result, it is harder than ever for a product owner to assess the target market’s preferences. For
Conjoint Analysis: A Cheat Sheet To Know Customer Preferences Read More »
As the phrase goes “History repeats itself – Events from the past can become events of the present.” We recently saw this saying firsthand while resolving an issue for a Fortune 500 organization. The answer came in the form of genealogy maps. As we turned the pages of history to understand how relationships between the
Enabling Sales Analysis Using Genealogy Maps Read More »
More than 80% of firms responded to a recent Gartner study by stating that their spending on automation will “continue or expand” in 2022. Process automation in business is not new and hence been here for consistent growth in domains. And such businesses are prepared to dramatically improve performance and productivity. Businesses who invest in
Process Automation – A Revolutionary Step in Business Read More »
As you see, E-commerce is becoming more and more popular around the world. Imagine ordering something online and expecting same-day delivery. Even searching something like that on the internet takes 0.2g of CO2. Yes! That’s right. Hence, to follow the suite, diving into reducing ecommerce footprint with digital becomes important. Last-mile deliveries, according to logistics
Reducing ECommerce Footprint with Digital: Top 3 Ways! Read More »
Since the advent of eCommerce, the industry has been dependent on technology in various ways. In fact, eCommerce is at the forefront of adopting new technologies to tackle data. Today, data is entangled in everything; it’s no longer just a piece of information a user had intentionally stored. It’s part of everything we do, every
Scale & Grow eCommerce Business With Data Engineering Read More »