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Data Analytics

Analytical Dashboard: Speeding up the decision making

Decision makers have a crucial role to play in any form of business planning. Their judgements need to be based on proof and a solid foundation with relevant facts and figures. This is exactly why they need tools to transform data into information and information into presentable business format that can provide them with the required information to back their decisions. Dashboards are undoubtedly the most preferred Business Intelligence tools that are not only implemented because they are easy, but also because they provide accurate – at a glance analysis of the most complex data available. Just getting a dashboard up and running doesn’t guarantee that it’s a success. Well, it’s essential to look deeper and see if the data...

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Data Science Techniques for Efficient Data Mining

As more and more organizations rely on analytics to help gain insights into problems, they require efficient means to gain insights into the diverse types of data available. Finding and extracting intelligence from the available data has thus become essential. Data science techniques can help structure this data from different sources. Techniques for handling data from text, sequences, time series, space and graphs etc. Help increase the power and accuracy of analytic solutions. Mining different kinds of knowledge in a database Data mining should cover a large spectrum of data analysis and knowledge discovery tasks. These include: data characterization, separation, association and correlation analysis, classification, prediction, clustering, outlier analysis, and evolution analysis (including also trend and similarity analysis). All these...

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Will HR work die by Chatbots Coming

The invasion of chatbots in HR has triggered a lot of debates about the foreseeable future of HR work. Will HR work completely die? Will the future of Human Resources be completely taken over by the Chatbots? And lots more… Well, in simple terms, a Chatbot is a computer program that is designed to simulate a conversation with human users, especially over the Internet. They come in various forms and could design to be as simple or as sophisticated as required. In whatever form they are used, they are becoming wildly popular by taking up the repetitive, mundane tasks that take up a lot of time and efforts. Chatbots can make a difference in the way things work in the...

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Data or Analysis? What’s crucial in Data Analytics?

Due to the number of ways in which we access and connect to the internet, data collection and storage is also increasingly becoming a challenge. Today, more and more data is created, accessed and stored than ever before. However, this overwhelming amount of data is of no particular use - unless it is ‘analyzed’ and certain meaningful trends are uncovered. Further, this analysis should be able to provide actionable intelligence for businesses to truly realize its value. Data Analytics does exactly this. It is basically the discovery of patterns and trends gleaned from your data. The idea is that you need to be able to digest this massive amount of data that is generated and organize that data in a...

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