Why use predictive analysis models for better decision-making
In an era where data has become the new oil, it is paramount to have the right techniques, models and tools for processing the 2.5 quintillion bytes of data produced regularly. Predictive data analytics is a technology that can anticipate future trends. It is an evolution of earlier data analytics models and works by predicting […]
Data science modelling techniques for organisations
Everyday, 2.5 quintillion bytes of data are generated. With so much information at our disposal, it is becoming increasingly important for organisations and enterprises to access and analyse relevant data to predict outcomes and improve services. However, arbitrarily organising data into random structures and relationships is not enough. In order to access the data properly […]
How recommendation engines can refine your processes
In today’s digital world, a recommendation engine is one of the most powerful tools at a company’s disposal. A recommendation engine is an information filtering system composed of machine learning algorithms that predict a given customer’s ratings or preferences for an item. The idea of recommendation engines is something you might be familiar with. Whether […]
The next level: AI and predictive analytics
The unprecedented potential of artificial intelligence (AI) and predictive analytics have permeated into every field and are rapidly transforming industry verticals. AI and predictive analytics can help improve efficiency and make way for faster decision-making. Traditionally, organisations detect problems as and when they appear, attempt to resolve them and then restore services back online. Now […]
Big data analytics in manufacturing powering the industry
With the high rate of adoption of sensors and connected devices, there has been a massive increase in the data points generated in the manufacturing industry. These data points can be of various types. Data types range from a metric detailing the time taken for a material to pass through one process cycle to a […]