Recap of the Year 2023: AI, Gen AI & Data Analytics Industry
Key Events & Reports of the Year 2023 – AI, Gen AI & Data Analytics Industry
- The current global big data analytics market is valued at $307.52 billion as per Fortune Business Insights.
- As per Allied Market Research, the business analytics software market was valued at approximately $177 billion in 2023.
Big Announcement: G-Square launches AI Insights in Narrator
Introduction:
We are super excited to share our new launch with you – Narrator’s AI Insights is here to make your data insighting stronger. Say goodbye to confusing spreadsheets and hello to a world where data becomes your trusted source for making smart decisions.… Continue reading
Finalytica November 2023 : Latest Happenings
- According to Fortune Business Insights, the global network analytics market size was valued at USD 1.87 billion in 2022. The market is projected to grow from USD 2.25 billion in 2023 to USD 9.94 billion by 2030, exhibiting a CAGR of 23.7% during the forecast period.
Finalytica November 2023: Reactivation of Inactive Customer base through ML
Reactivation of Inactive Customer base through ML
Introduction
In the retail funds & Investments industry, one of the key challenges is to retain and grow the customer base, especially in the context of increasing competition and changing customer preferences. One of the strategies to achieve this goal is to activate existing inactive or partially inactive customers through cross-sell and upsell of products and services to existing customers, based on their needs and preferences.… Continue reading
Finalytica, Oct 2023: Knowledge Series: Leveraging Large Language Models (LLMs) in enhancing Business Value
Utilizing Large Language Models (LLMs) in enhancing Business Value
Introduction
This comprehensive article explores the transformative applications of Large Language Models (LLMs) in the realms of text summarization, language enhancement, and structured data analysis for businesses. We delve into how LLMs work, their practical usage, and their significance in summarizing content from PDF and HTML files.
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Finalytica October 2023 : Latest Happenings
- As per a recent Gen AI report by AIM, the Indian IT majors have trained close to seven lakh employees in generative AI, The report also observed that there is a decline in the total headcount for many IT firms, along with signs of disparity in hiring freshers as they are mostly focusing on training and upskilling their existing employees, besides scaling workflow automation and digital initiatives.
Finalytica, Sept 2023: Knowledge Series: Using Snowflake for Data Warehousing and Analytics
Utilizing Snowflake for Data Warehousing and Analytics
Introduction
Let’s look at Snowflake’s features, benefits, real-world applications, and its potential to transform the world of data warehousing and analytics.
About Snowflake
… Continue readingSnowflake is a cloud-based data warehousing solution that blends traditional data warehousing with cloud flexibility.
Finalytica September 2023 : Latest Happenings
- According to Fortune Business Insights, the global augmented market size was valued at USD 15.84 billion in 2022. The market is projected to grow from USD 18.68 billion in 2023 to USD 66.54 billion by 2030, exhibiting a CAGR of 19.9% during the forecast period.
Experiential Learning: Unleashing the Potential of Databricks
Understanding and utilizing Databricks for Advanced Data Analytics
Introduction:
In the ever-evolving landscape of data analytics, emerging technologies continually reshape the way we handle and analyze data, offering efficient, scalable, and powerful solutions. Among these innovations, Databricks stands out. In this blog, we will take you through the world of Databricks, exploring its features, benefits, use cases, and how it can revolutionize the way we approach data engineering and data analytics.
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Finalytica August 2023 : Latest Happenings
- As per the report of Fortune Business Insights, the global generative AI market size is projected to grow from $43.87 billion in 2023 to $667.96 billion by 2030, at a CAGR of 47.5% during the forecast period. The global generative AI market size is projected to grow from $43.87 billion in 2023 to $667.96 billion by 2030, at a CAGR of 47.5% during the forecast period.
Experiential Learning: Neural Networks in Sales Modelling
Experiential Learning: Neural Networks in Sales Modelling
Background
In our regular sales modeling for clients, we primarily relied on traditional algorithms such as random forest and XGBoost models due to the tabular nature of our data and the success we achieved with these models.… Continue reading
Finalytica July 2023 : Latest Happenings
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- As per the report of Fortune Business Insights, the global network as a service market size was valued at USD 13.63 billion in 2022 and is projected to grow from USD 18.70 billion in 2023 to USD 155.17 billion by 2030, exhibiting a CAGR of 35.3% during the forecast period.