The finance industry generates lots of data, which they can then use to produce meaningful insights to help with their operations. What’s more, it has changed the way financial organizations perform their daily activities. Below, we look at some of the ways that the finance
With 41% of construction businesses needing forecasting to allow them to better prepare for best and worst-case scenarios, big data is something that is vital to increase efficiency and productivity. Below, we delve deeper into how the construction industry is using big data. Improved Design
We are living in a new technological revolution, where machine learning applications are used in our daily life, from unlocking our smartphones to making bank transactions. Below, we look at ways that we all use machine learning in our day to day lives. Financial Sector
“The world is one big data problem.” – Andrew McAfee, principal research scientist, MIT. Every business has tons of readily data available. Data has become the biggest asset of every business. Yet most businesses only generate reports and insights out of a fraction of their entire data.
Like most software or tools, predictive analytics can cause challenges or problems for companies, which are often not recognized until the technology fails to deliver the expected results. These problems can sometimes arise from poor planning or unrealistic expectations, but there are some easy ways
The pandemic has brought unprecedented challenges to businesses across the globe. Whilst many are struggling to survive, others are facing complexities in transitioning their operations to an online platform and having to replicate business processes by implementing a solution that is both easy to use
Artificial Intelligence is being used in a variety of different areas to support business communication with consumers, and it is now being used for email marketing. Using AI allows you to segment your market, and can help signal when someone is likely to make a
Predictive analytics uses past and current datasets to forecast events and generate insights. This helps organizations to detect risks and uncover opportunities, by generating actionable outcomes that an organization can use to reach its goal. Below, we identify the benefits of predictive analytics, and how