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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
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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
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Driving E-Commerce Business By Leveraging Predictive Analytics
- January 30, 2020
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A few years ago, the e-commerce giant Myntra had decided to stack in piles of women boots studded with pink stones, but they could not sell even one pair! After this happened, the company had tried to sell those off to its in-house employees by offering huge discounts; but then also, not even one employee
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Predictions for 2020: The Impact And Influence Of Data In The Field Of Communications
- January 25, 2020
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By the end of 2020, the world will witness two major changes impacting communications, brought about by Data Analytics. These changes are mainly about the revival of consumers’ trust in voice communications and a shift in how users customize their communication experiences. End of bad calls with good data Data scientists feel that the ultimate
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How Are Enterprises Leveraging Predictive Analytics to Enhance Sales?
- January 19, 2020
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For e-commerce professionals, AI is more than just a buzzword now – it is already part of their reality. The top players in the e-commerce industry have already started implementing Predictive Analytics and some of the smaller brands have also started adopting AI models for boosting business. Experts say that irrespective of their size if
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Blockchain & Artificial Intelligence: Pillars of the Fourth Industrial Revolution
- January 7, 2020
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The Fourth Industrial Revolution is all about the way we live and work today and the basic changes that have influenced our lives. The massive technological advancements that have swept across the world today are extremely significant in this context. And that, of course, includes Blockchain and Artificial Intelligence which have had radical effects on
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Model Explainability is the Next Data Science Superpower! (2020)
- December 30, 2019
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People are usually under the impression that Machine Learning techniques are only suitable for making forecasts, and in all other cases they are like black boxes – no one really understands what is going on inside. But this is indeed a misconception, for, expert data scientists can extract real-world insights from Machine Learning models easily.
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Deep Learning Algorithms Recognize Living Cell Structures
- December 20, 2019
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Fluorescence microscopy is priceless for cell biologists and researchers in identifying microscopic cell structures from images. However, this technique comes with certain limitations, which were observed by biomedical engineers. For example, there are restrictions on how many fluorescent tags can be introduced in a cell structure. Apart from this limit, there are other side-effects observed,
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How Amazon Leveraged Big Data To Become The No. 1 In E-Commerce
- December 13, 2019
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Amazon needs no formal introduction to today’s consumers. But what many might not know is that this giant e-commerce platform didn’t achieve success by chance. To stay upbeat among the competition and win over customers continuously, Amazon has been using Big Data to Rule E-Commerce, and that too for a long time. And that is
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Leveraging AI to Discover Hidden Potentials That Boost Online Conversion
- December 8, 2019
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Leveraging AI to Discover Hidden Potentials That Boost Online Conversion We all understand that revenues are directly proportional to online conversions. With superfluous customer data easily available at their fingertips, businesses can derive better data-driven to formulate business strategies based on this data. Using customer data, marketers are now trying to create a wholesome customer
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Cloud Migration Patterns
- December 4, 2019
- Posted by: Anil Mitra
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When you are responsible for migration of critical workloads to cloud, you must have a list of hardware or software systems that are the best candidates for targeting for the cloud environment. It is equally important to know the methods and techniques for moving those workloads to a cloud environment. When considering the use of
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Migrate to Cloud with Confidence
- December 4, 2019
- Posted by: Anil Mitra
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Migration experience Various Cloud providers have matured enough and are providing large set of infrastructure/features. These cloud providers have experience helping all types of organizations migrate to the cloud. In last decade with various different types of migration experiences, these providers like AWS, Azure and Google Cloud have created partner ecosystems to help customers, successfully
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The Role Of AI In Transforming The Sports Industry
- November 24, 2019
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Role Of AI In Transforming The Sports Industry The movie Moneyball had shown how data-driven decisions can enhance the performance of a team that lacks proper resources. But it is not merely a reel projection, for data analytics and AI in sports has proved to be a game-changer for real. Sports without technology cannot help
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Evaluating The Influence Of Data Analytics In Customer Service
- November 21, 2019
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In today’s scenario, with data being the most important asset of a company, the application of Big Data Analytics is far from just advantageous; it can really make or break a business. Take for instance one very relatable aspect of a business – customer service. Amidst tough competition, a business that consistently offers exactly what
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How to Invest in Industrial IoT for Data Analytics?
- November 21, 2019
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Industrial IoT (IIoT) With more than 86 percent of businesses increasing their investments for the Internet of Things in 2019, it is no wonder that IoT is the foundation for global digital transformations today. But what is set to grab major headlines 2019 onwards is Industrial IoT or IoT? IIoT is the new wave of
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Is Text Mining Techniques Set to Be the Next Big Thing After Big Data?
- November 7, 2019
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Big Data is no doubt the hottest buzzword among businesses these days. There are various aspects of Big Data that people talk about most of the times. However, one such sub field that is gradually gaining prominence is text mining. Currently, in the nascent stage, text mining is expected to create a lot of buzz
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Empower Natural Language Processing in Google Analytics with Machine Learning!
- October 28, 2019
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Machine Learning in Google Analytics: Google Analytics users have thus far felt the need to be able to place commands in the form of natural language queries – a feature that was missing. But it seems like their wish has been granted because Google will soon incorporate the same language processing technology in Google Analytics
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How Can Big Data Be Leveraged for Transforming the Insurance Industry?
- October 26, 2019
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Big Data transforming the insurance industry In spite of its conservative approach to things, the insurance industry has hugely benefited from data science – Big Data, data analytics, and the likes. Insurance involves grouping people into different risk categories based on the policyholders’ personal data and accident statistics. Now that the big data world includes
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5 Significant Effects of Big Data in Today’s HR Industry
- October 15, 2019
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Effects of Big Data in Today’s HR Industry Whether it is hiring new employees or retaining existing ones, the role of Big Data in HR management is deeply significant today. After all, the human workforce is the foundation on which a company’s success stands. Talking about the impact of Big Data on HR today, let
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Is Security Still The Biggest Hurdle In Cloud BI Implementation?
- October 5, 2019
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Is Security Still The Biggest Hurdle In Cloud Business Intelligence (BI) Implementation? When it comes to the future of technology that contributes to the betterment of businesses, cloud computing cannot be overlooked for sure. Big-shots like Amazon and Microsoft, are among the pioneers who plan the future of their businesses keeping Cloud Business Intelligence solutions as