Finalytica: Latest Happenings, Jan 2020
- According to a report prepared by an edtech firm, India is expected to see 1.5 lakh new job openings in data science in 2020, which from last year, is an increase of about 62%. A majority of these jobs would preferably be for professionals with less than five years of experience.
Finalytica: Latest Happenings, Dec, 2019
- According to a market report, the Supply Chain Big Data Analytics Market is expected to register a CAGR of over 17.31 percent during the forecast period 2019 – 2024.AI-enabled NLP scans through the supply chain documents like contracts, purchase orders, chat logs with customers or suppliers and significant others to identify commonalities which are used as feedback to optimize SCM as part of continual improvement.ML helps people manage the flow of goods throughout the supply chain while ensuring that raw materials and products are in the right place at the right time.
Finalytica: Experential Learning, Dec 2019
Credit Risk Assessment
Credit Risk assessment is a critical issue that Banks face nowadays. Which basically tells if a loan applicant can be a defaulter, so they can go ahead and grant the loan or not. This helps the banks to minimize the possible losses and can increase the volume of credit given.… Continue reading
Finalytica Nov-2019: Experential Learnings
AI Driven Narrator Chatbot – Use Cases
A chatbot is a machine that has a conversation with humans via text or audio. An AI powered chatbot is a smarter version which uses natural language processing (NLP) and machine learning (ML) to better understand the intent of the data and provide a more natural, accurate insight.… Continue reading
Finalytica Nov-2019: Latest Happenings
Latest Happening: Nov 2019
- As per the reports by Analytics India Magazine, the overall adoption of Analytics & Data Science at large Indian firms is around 70%. In other words, 70% of all large firms in India have adopted analytics in some form.
Finalytica, October, 2019: Experential Learning
Automated MIS Reports and triggers application through BI tool – Narrator
Introduction
A MIS Automation is an automatedreport, analysis of business or management information organized and programmed in such a way that it produces regular reports on operations for every level of management hierarchy in organization.… Continue reading
Finalytica, October 2019: Latest Happenings
- While India has also joined several other countries in the world in demanding data localisation which implies that that data or a copy of it should be hosted on local servers or restrict transfer of data outside national borders including the banking regulator RBI or the draft Personal Data Protection Bill, 2018 (PDP Bill).
Finalytica July, 2019: Experiential Learning
Prescriptive Analytics for Sales: Combining Analytics with Business Understanding
BI and reports have been driving salesforce in an organization for some time now. But building reports manually on a monthly / weekly / regular basis is daunting, boring, and error prone.… Continue reading
Finalytica July, 2019: Latest Happenings
The Big Data and Analytics industry has gone through major disruptions in the last five years. Analytics & Data Science Industry in India 2019 As per a study by Analytics India magazine with Praxis Business School.… Continue reading
Finalytica June, 2019: Experential Learning
Credit Risk Rating Using Supervised ML and Business Understanding
The risk rating models are designed to help assess the likelihood of default. Assessing risk at the loan level provides an opportunity to aggregate risk at the portfolio level and can help to quantify the risks based on the type of loan, geographic location or region, industry sector, or other variables including financials.… Continue reading
Finalytica June, 2019: Latest Happenings
- As per a study done by Microsoft and IDC, AI will double the rate of Innovation and employee productivity in Indian enterprises by the year 2021. While only one-third of Organisations in India have embarked on their AI journeys, those companies that have adopted this technology expect it to increase their competitiveness by 2.3 times in 2021, said the study that surveyed 200 business leaders and 202 workers in the country.
Finalytica May, 2019: Experential Learning
Converting Content to a Chat-Bot
The best way to learn or understand information is through asking questions. A QnA format of learning is more effective than reading long form content, especially when time is critical. More over searching for an information and reading multiple documents just to know one thing is inefficient.… Continue reading