In my previous blogs, I covered the several types of analytics (descriptive, predictive, and prescriptive), including Big Data Analytics. By now, we know that, the primary objective of analytics is to aid decision making. In the process of enabling decisions, problems will have to be solved. How does one solve a problem using analytics? The Read more about Problem solving framework for analytics[…]
How does Amazon recommend the next purchase? Can Artificial Intelligence predict court case outcomes? The answer lies in Big Data Analytics. In the previous blog, I covered the Big picture on Business Intelligence and Business Analytics. If you’ve been in tatters with “Big Data Analytics”, then fret not. The underlying principle of analytics remains the Read more about Big Data Analytics[…]
Business intelligence, Business Analytics, Advanced Analytics, Machine Learning, Big Data Analytics, Data Mining, Data Scientist – many terminologies and varying definitions exists today, as it happens with any emerging technology and industry. A beginner will get lost, within minutes, in this quagmire of jargons. And I did too. Until a set of standardisation is established, Read more about The Big Picture of Analytics & Machine Learning[…]
“Executives and managers are being asked to make major decisions based on the output of an algorithm that they didn’t create and don’t always fully understand” – Dr Thomas Erwin, Head of Global Lighthouse, KPMG International, in the KPMG’s report Guardians of Trust Harvard Business Review (HBR), in this article, argued on the need for Read more about The Trust Deficit of Machine Learning & Analytics[…]
After years, I went back to college. As an AI & ML enthusiast, it was time to get deeper into the subject. The sprawling campus of IIM-B (Indian Institute of Management, Bangalore) served as the perfect setting for “Machine Learning with Business Applications“. The course started with the fundamentals of ML, traversed the complexities, and finally delivered Read more about 3 key takeaways on Machine Learning programs[…]