Finalytica Sept 2021 : Knowledge Series in Successful end-to-end BI Solution implementation for an NBFC
We implemented an end-to-end BI Solution for a large Non banking finance company in India right from Data Engineering to ML based report creation to Analytics Dashboards to usage of Narrator tool to overall data & dashboard automation. We describe the case study in detail here End to end BI solutioning
- As per a news item published in Techcircle, the Indian Software-as-a-Service (SaaS) market could reach $1 trillion in value in the next nine years, Chennai-based SaaS consortium, SaaSBOOMi, in a report said. The report also said that the SaaS boom could see the creation of half a million new jobs.
Automated machine learning, also referred to as automated ML or AutoML, is the process of automating the time-consuming, iterative tasks of machine learning model development.. Creating a Machine-learning/Data Science model from scratch is a time-consuming and long process which has multiple stages and requires multiple iterations.… Continue reading
- Research from StrategyR published a report that said Amid the COVID-19 crisis, the global market for Data Analytics Outsourcing estimated at US$5 Billion in the year 2020, is projected to reach a revised size of US$22.9 Billion by 2026, growing at a CAGR of 28.4% over the analysis period.
- A report by Analytics Insight highlighted that Big Data plays a principal role in understanding customer needs and drawing market patterns. India is one of the fastest-growing countries adopting artificial intelligence, big data analytics, and IoT. According to reports, the Indian analytics industry is estimated to reach approximately US$16 billion by 2025.
Insights derived through Natural Language programming are used to solve the problem by providing key statistical highlights of the data, extracting valuable insights which are key pointers for business to act upon, and prescribing actions to be taken, given the current state of data to improve the decision-making process.… Continue reading
- A report by Analytics India Magazine highlighted that Data Analytics as a solution will encompass 35% of all IT solutions in India by 2025, as the Data Analytics Industry in India earned a total revenue of 35.9 bn USD as of March 2020, signifying a sharp increase of 19.5% over and above the past year.
Many businesses use data insights to support their decisions instead of driving their actions. After all, data is only valuable if you can translate it into actionable insights. Your organization might be sitting on the world’s largest data pile, but it is useless unless you have the means to translate it into insights that drives your business.… Continue reading
Imagine you are an organization sitting on a tons of transactional and other business data which is stored in structured database. Now, you have to analyse it on a daily basis to get vital insights about sales, customers, channels and many other business parameters, what will be your approach?… Continue reading
Machine learning has seen significant hype in last one year. Applications range from chatbots to image searches to speech recognition to financial market prediction and more! Well the hype is all worth it. (Except may be for financial market prediction. Not may be, definitely.) ML will live upto its hype as:
It reduces friction in customer interactions.… Continue reading
The history of Artificial Intelligence is as fascinating as the future it promises. For many, AI is a recent phenomenon, rising with the rise of connected world. But research and speculation in AI have been much older than most believe. Automaton have been described since antiquity.… Continue reading