19 Mar
How Big Data And AI Are Aiding The Fight Against Pandemics
How Big Data And AI Are Aiding The Fight Against PandemicsThe world is currently living through one of the worst pandemics of the century. Since the first reported case in Wuhan, China, of the Coronavirus, or COVID-19 as it is now known, the virus has spread to 166 countries with the number of global COVID-19
02 Jan
Advanced Analytics For Insurance Industry: 6 Major Use Cases
Advanced Analytics For Insurance Industry: 6 Major Use Cases The insurance industry is a high-risk sector. Navigating through tricky claims procedures, pricing and promotion, mitigating risks, cash repression, natural perils, ensuring compliance are some of the toughest problems that pose the industry. Traditionally, Insurance companies have long been dependent on statistics and data to drive
27 Dec
How To Use Big Data For Improving Driver Safety
How To Use Big Data For Improving Driver Safety Road traffic accidents claim more than 1.25 million lives a year, which costs most countries about 3% of their GDP and remains the leading cause of death of people between the ages of 15 and 29, a report by World Health Organization (WHO) claims. The WHO has undertaken
28 Aug
Key Essentials Of Modern Business Intelligence
Key Essentials Of Modern Business Intelligence The Growing Importance of Data The global big data market is forecasted to grow to about 103 billion U.S. dollars by the year 2027 – Statista It’s quite evident that we currently live in a time where there is a constant influx of information. Data continuously flows from a plethora
15 Oct
The 2 Major Causes Of Out-Of-Stock Situations & How To Prevent Them
The 2 Major Causes Of Out-Of-Stock Situations & How To Prevent Them Stockouts are consistently a dread for retailers and CPG companies. It isn’t just that they lead to lost sales, but they also increase operations costs and result in reduced customer satisfaction and loyalty. Customers obviously feel rather annoyed and disappointed when they can’t
13 Jul
How Weather Impacts Retail Sales & How Big Data Analytics Can Help
How Weather Impacts Retail Sales & How Big Data Analytics Can Help The celebration is not only for festivals and seasons, it is also for Sales. As much as shelf life, product positioning, branding, and location, influence sales so do weather influence it. National Retail Federation has reported that jewelry sales in January are three times more
