Cancer is such an enemy where many of us have been effected at some point of time, either personally or through a loved one. The main obstacle till now lies in its early detection in order to prevent further spread in the body. Applying Big Data Analytics to human DNA and the DNA of cancer […]
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The term ‘Cognitive Computing’ was initially coined by IBM which was meant for machines that could think and act like humans. With the help of Artificial Intelligence (AI) today, machines are smarter and can not only capture data, but also make human-like decisions with the help of the data. With technological advancement, today Cognitive Computing
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US economist Richard Thaler was conferred 2017 Nobel prize for his work in “understanding the psychology of economics”. Till recently econominsts’ assumption of any economic theory was that humans are rational actors who maximise their utility. But over the past few decades, behavioural economists like Richard Thaler have progressively chipped away at this notion. They
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Behavioral analytics – an introduction Behavioral analytics, as Wikipedia says, is a recent advancement in business analytics that reveals new insights into the behavior of consumers on eCommerce platforms, online games, web and mobile applications, and IoT. Behavioral analytics establish the foundation of customer knowledge and focuses on understanding how consumers act and why, enabling
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Futuristic Data Storage Technology We all know that DNA contains information about a living organism. It can keep a track of everything in a living being. It is for this very reason why big corporate such as Microsoft are investing in research that studies how DNA can be used to store data. Unlike most of
DNA as New Medium of Data Storage Read More »
What is Market Intelligence MI or Market Intelligence System is actually a business analytics tool that analyses business data obtained from various sources like Customers, Competitors, supply chain, stores etc. It helps organizations in making decisions and formulating future strategies regarding, target market, product development, promotional campaigns, consumer perception etc. only if apt, relevant and
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Aadhaar in Indian Big Data Context The era of Big Data has commenced in India. Source of this data collection is all of 1.2 billion Indian citizens. Collection and analysis of their biometry is creating a repository. As we know that big data is extremely large data sets that may be analysed computationally to reveal
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Analytics in healthcare Financial intelligence (FININT) is the gathering of information about the financial affairs of entities of interest, to understand their nature and capabilities, and predict their intentions. Generally the term applies in the context of law enforcement and related activities. A feature in analytics in healthcare organisations to forecast certain aspects of the
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Every time we open a browser or go through a news feed, someone is writing about machine learning and its impact on both humans and the advancement of artificial intelligence. Machine learning has been highlighted in articles covering everything from Chatbots to self-driving cars and robots that can perform similar tasks like humans. Scope of
Scope of machine learning in India Read More »