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How COVID-19 Is Changing Analytics Spending?
- June 30, 2020
- Posted by: admin
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Be it the uncertainty caused by the sudden outbreak of the COVID-19 or a major shift in the business strategies of giant corporations, investing more for business analytics seems to be of greater priority. For instance, 68% of the enterprises have claimed that cloud computing has turned out to be the most essential component of
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Predictive Analytics Market During COVID-19
- June 20, 2020
- Posted by: admin
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As businesses all around the world are turning more data-centric with each passing day, business owners are trying to extract maximum leverage of predictive analytics. And with the enormous volumes of data created in every fraction of a second, companies are acquiring more knowledge about market dynamics and industry trends. Why is predictive analytics such
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AI Systems Aim To Sniff Out Signs Of COVID-19 Outbreaks
- June 20, 2020
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Did you know that the first alarm about the COVID-19 Outbreaks was raised by a computer and not a human? Yes, to be precise, it was a website run by Boston Children’s Hospital, called health Map that uses artificial intelligence to scan the latest news reports, social media queries, and other sources to look for
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What Is Predictive Analytics? Transforming Data Into Future Insights
- June 15, 2020
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In the present world, predictive analytics is helping businesses reap maximum benefits on a global scale. Often integrated with Artificial Intelligence and machine learning algorithms, predictive analytics helps companies predict future trends by studying historical data. So, what does predictive analysis involve? Predictive analysis is an element of data analytics and it aims to make accurate
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How Data Will Drive The Transportation Industry In 2020
- June 7, 2020
- Posted by: Aanchal Iyer
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Since the past few years, the transportation industry is experiencing radical transformations, all thanks to data. Looking at the trends during recent times, it is not hard to notice that customer preferences are of utmost priority at every stage, starting from supply chain management to delivery. However, along with consumer preferences, data will be driving
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Data Digest: Applying Big Data Analytics to the Coronavirus
- May 22, 2020
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Since its inception, Big Data has found extensive use across a wide spectrum of industries all over the world. For instance, marketing endeavors and customer experience have never been the same ever since businesses started adopting Big Data and analytics. Today, when the world is completely shaken by the novel coronavirus, data experts are joining
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Impact of Artificial Intelligence on the Construction Sector
- May 10, 2020
- Posted by: admin
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Introduction In the year 2016, the Alpha Go computer program (developed by Google Mind), surprisingly defeated the professional human Go player – Lee Sedol. A program that could defeat a difficult game such as Go, was not expected for another 5 years or so. This event led to the Chinese government to announcing the next
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Big Data in Transforming Supply Chain In Pharmaceutical Industry
- May 10, 2020
- Posted by: admin
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Looking back, one can notice that the pharmaceutical industry has always been quite slow in adopting new technologies. This is because the pharmaceutical sector has faced a lot of hurdles in terms of regulations and compliance which makes the whole process much more difficult. But despite all the obstacles, this industry has adopted modern technologies
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Conversational AI Augmenting Business Intelligence
- April 30, 2020
- Posted by: admin
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By analyzing customer data, companies acquire accurate ideas about customer behavior based on which they can make significant business decisions. If the accumulated data rightly processed, you can unearth a plethora of opportunities using the right kind of business intelligence (BI). For several years, BI has been guiding employees in performing vital business operations, and
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Fleet Businesses Adopt Predictive Analytics To Reduce Driver Turnover & Prevent Accidents
- April 25, 2020
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Among the factors contributing to the goodwill of a trucking company, the first thing that comes to our mind is the way their drivers ensure safety. And if companies can determine the drivers who make safety their priority, they can keep up this safety performance level. But how does a company determine this aspect? Well,
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An Analysis On The Application of AI in Battling Coronavirus
- April 19, 2020
- Posted by: admin
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Discovering drugs involves an extremely complex, expensive and lengthy process that cannot be carried out without the combined efforts of experts. With the world trying its best to develop a defense mechanism and defeat the Coronavirus, at the same time Artificial Intelligence is showing a glimmer of hope. In this article, let us find out
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COVID-19 Pandemic: From A Big Data Analytics Perspective
- April 9, 2020
- Posted by: admin
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Till now, only businesses have been enjoying the benefits of employing Big Data analytics techniques in their operations. But with the outbreak of COVID-19 Pandemic, data analytics has found immense use in the healthcare sector. With the availability of various Big Data tools, all sectors are now coming forward to adopt this technology, with the
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How Is Data Expected to Transform The Telecom Industry In 2020
- March 22, 2020
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Data to Transform The Telecom Industry In 2020 Experts suggest that with the ending of 2020, there would be radical changes brought about by data impacting telecommunication all over the world. It is expected that with the help of Data Analytics there will be the reemergence of customer trust in voice communications and amazing reduction
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With Advanced Robotics & AI Paperless Office Dream Come True!
- March 22, 2020
- Posted by: admin
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In spite of being aware of the various reasons why we should limit the use of paper, the idea of going entirely paperless office seems to be a distant dream. Even though the use of paper has been reduced to a certain extent, compared to earlier times, a long way remains to be traversed to
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Boost Your BI Platform Using The Most Appropriate Database
- March 20, 2020
- Posted by: admin
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In these times of tough competition, simply arriving at a decision is not sufficient at all; the key lies in deciding in the shortest period possible. Today, the prime ingredient for success is intelligence that comes with speed, for which companies mostly rely on a BI Platform. Business Intelligence apps work hugely in favor of
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How Can You Boost Your Competitive Edge With Conversational AI?
- March 8, 2020
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One of the most visible advantages of Conversational Artificial Intelligence in businesses is the remarkable improvement in customer service and interaction. Today speech-enabled platforms and humanoid digital assistants are boosting online sales revenue and super-intelligent chatbots are serving customers 24/7. According to Gartner, owing to this tremendous enhancement in customer interaction, about 15% of the
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Why Should Startup Owners Take Business Intelligence Seriously In 2020
- February 29, 2020
- Posted by: admin
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Leverage Business Intelligence Startup owners decide to take the giant leap because they can identify an array of opportunities lying in front of them. At times, they fail to prepare themselves for the large swath of challenges and threats from their competitors. According to market experts, about 50 percent or more startups in the USA
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Understanding Middleware Integration Technologies & How It Functions
- February 22, 2020
- Posted by: admin
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Customer demands are ever-increasing and ever-evolving, be it a demand for instant text alerts, super fast shipping, slashed shipping rates, or 24/7 customer service. Keeping up with these dynamically changing demands certainly requires every business owner to coordinate the entire system efficiently, adopting technologies. But what if their Customer Service Management software is not designed
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Conversational AI is Turing Test In Enterprise Level
- February 17, 2020
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The worldwide industry for Conversational AI is projected to touch a market value of 15.82 billion USD by the year 2024, with a CAGR of 30.32% growth rate. Conversational AI’s rise took place when exasperated users signed up for it after experiencing difficulties with chatbots. The human touch was missing in chatbot solutions, and to
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Prescriptive Analytics – The New Leap After Predictive Analytics (2020)
- February 10, 2020
- Posted by: admin
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This era is experiencing a renaissance in business analytics when it comes to data science and technology. The trend started with descriptive analytics leading to investigative analytics, which ultimately led to predictive analytics to forecast future outcomes. The next leap from predictive analytics is Prescriptive Analytics, which along with predicting the outcomes also prescribes solutions