Business intelligence

How the Telecom Industry Could Benefit from Predictive Analytics

2020-08-31T13:10:20+00:00

Data Mining is the science of uncovering insights, patterns and correlations and discovering meaningful information from mounds of data that exists in various forms, structured and un-structured. It employs techniques from a diverse set of scientific fields including computational statistics, machine learning, deep learning, mathematics, data processing, visualisations, business intelligence and many others. Data science or data art could be characterized as an attempt to shift away from the traditional empirical-based reasoning to a formal, scientific, data-driven way of thinking and operational tactic. The research firm IDC’s estimate of the size of big data market for last year, 2016, was $136B [...]

How the Telecom Industry Could Benefit from Predictive Analytics2020-08-31T13:10:20+00:00

Analytics in Financial Services: Time to appreciate the value

2020-08-31T13:11:58+00:00

Around 1980s-1990s, Information Technology (IT) Systems transformed every manual operational and business bank process to a digital one, reducing in this away unnecessary costs and improving upon efficiency and speed. Today, the Financial Services Industry is undergoing a major transformation driven by big data technologies and predictive analytics, moving towards a formal, critical and data-driven decision making approach and shifting away from empirical and ad-hoc procedures. According to Toos Daruvala, director in McKinsey’s New York office, “Every single major decision to drive revenue, to control costs, or to mitigate risks can be infused with data and analytics”. The adoption of new [...]

Analytics in Financial Services: Time to appreciate the value2020-08-31T13:11:58+00:00
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