Finalytica Dec, 2020: Human Resource Analytics
Background to HR Analytics
HR analytics is better known as workforce analytics and plays a very important role in all the organisation in terms of improving the employee performance and retention. Problem statements which can be answered using HR analytics are :
- Manpower: How to optimize the manpower based on the manning in different locations.
Finalytica Dec, 2020: Latest Happenings
✓ The annual Data Science and AI Trends report by Analytics India Magazine and Analytixlabs covering the 2021 trends based on popular industry opinions was published recently. The key trends as per the report are: 1) Cloud will back Analytics deployments 2) Automation and intelligent machines will drive critical roles 3) NLP models will be bigger than ever and power Human-Machine conversations 4.… Continue reading
Fnalytica Nov, 2020: Latest Happenings
- According to the FnF research report, Global Insurance Analytics market is expected to grow at a CAGR of 14.05% and is anticipated to reach around USD 16.74 Billion by 2026. Analytics supports insurers by providing data and smart knowledge about life insurance.
Finalytica Nov, 2020: News Curation
News Curation
What is News Curation ?
On the internet, searching for the right kind of news can be a time consuming task simply because sometimes you cannot exactly explain what you are looking for or that the system fails to understand the requirements.… Continue reading
Finalytica Oct, 2020: Analytics-based Collection Models
Analytics-based collection models help banks and NBFCs recover loans more efficiently. A collection model helps a bank or an NBFC identify groups of customers where the collection efforts need to be focused on. Many collection systems even now are just rigid rule-based setups, which only take in limited amounts of data to make decisions and do not change with dynamic factors such as markets, client behaviour, their actions, repaying patterns, etc.… Continue reading
Finalytica Oct, 2020: Latest Happenings
✓ Capturing few of the highlights on few of the areas in analytics basis a report by Gartner on 100 Data and Analytics Predictions Through 2024:
- Core Data and Analytics Predictions – By 2021, organizations that provision an augmented data catalog to data consumers will realize three times faster ROI from their data and analytics investments.
Finalytica Sep, 2020: Latest Happenings
- Big Data Analytics Market is forecast to grow 4.5 times, garnering revenues of $68.09 billion by 2025 from $14.85 billion in 2019, according to Frost & Sullivan research done recently. Deployment of big data analytics is priority for enterprises amid the COVID-19 uncertainty as its use will help them remain competitive while accelerating innovation.
Finalytica Sep, 2020: Experiential learning
Credit Risk Analytics: Macroeconomic modelling for Bank for PD impact
Background
One of the Banks wanted to predict the impact of Covid scenario on futuristic PIT Probability of Defaults (PD) for their portfolio considering the current environment for this year and subsequent years.… Continue reading
Finalytica Aug 2020: Latest Happenings
- Many countries in the Middle East, majorly including the UAE, Saudi Arabia, Egypt, and Qatar, among others, are taking substantial steps towards embracing such technologies by augmenting their investment across diverse sectors and bringing effective policies and commitment. As per PwC estimations, the Middle East is expected to add 2 percent of the total global benefits of AI in 2030, equivalent to US$320 billion.
Finalytica Aug 2020: Experiential Learning: Text Extraction from PDFs
Relevant Text Extraction from PDFs
Data extraction for analysis can be as challenging as it is important to an organization with data available in sources of different sizes and formats. For this very purpose, we can use one of many techniques or multiple methods in combination to extract text and clean it, so as to make it as readable as possible to the end user.… Continue reading
Finalytica July, 2020: Knowledge Series
Price Optimisation through Machine Learning for Retail Stores
Introduction
Price optimisation refers to determining the prices of products/services such that the company can achieve its business objectives. In recent times, there have been major technical advancements in this field with more reliable and faster techniques.… Continue reading
Finalytica July, 2020: Latest Happenings
- Infoholic’s market research report on Customer Journey Analytics Market business opportunity, and growth predicts that the global customer journey analytics market will grow at a CAGR of 21.6% during the forecast period. The market for customer journey analytics is driven by increasing demand for offering personalized experiences to customers, understanding the journey from the customer perspective, knowing about the conversion rate, and creating a long-term, healthy, & profitable relationship with customers.