Using Data Analytics To Endure The Coronavirus Pandemic And After
In part 1 of this blog, we looked at the disruption in business brought on by COVID-19 and talked about how data analytics was the one scientific response available to tackle these challenges. In this blog, we will discuss how your business can use data analytics to not only endure the economic downturn caused by the… Continue reading Using Data Analytics To Endure The Coronavirus Pandemic And After
Hemant Warudkar | 28 Apr 2020
Why And How Should Your Business Use Data Analytics In COVID-19 Crisis And After
To rephrase German entrepreneur and religious leader Dieter F. Uchtdorf in today’s time of the pandemic: It is your reaction to adversity, not the adversity itself, that determines how your business story will develop hereon. The COVID-19 pandemic has put the world of business into a never-seen-before state of turmoil. It has disrupted productivity, manufacturing, service,… Continue reading Why And How Should Your Business Use Data Analytics In COVID-19 Crisis And After
Hemant Warudkar | 23 Apr 2020
How To Use Machine Learning In Predictive CLV Models (2 of 2)
In the first post on this topic, we defined customer lifetime value (CLV) and learned about customer lifetime value models. How to use machine learning in predictive CLV models (Customer Lifetime Value Prediction Model). In this post, we’ll learn how machine learning can be deployed to predict CLV. Customer Lifetime Value CLV is a customer’s past… Continue reading How To Use Machine Learning In Predictive CLV Models (2 of 2)
Hemant Warudkar | 22 Apr 2020
Why Are Artificial Neural Networks Important
Why are Artificial Neural Networks important in data science? Artificial Neural networks are an extremely complicated piece of research/technology being developed for decades. They use man-made computing power to try and replicate the way the human brain calculates, and hence, may be a little dense to grasp at the first go. In this two-part post,… Continue reading Why Are Artificial Neural Networks Important
Hemant Warudkar | 20 Feb 2020
What is Cohort Analysis? And How it Helps to Retain Customers
What is Cohort Analysis? How does Cohort Analysis Help to Retain Customers? Before getting into cohort analysis and its benefits, one must take note of the fact that businesses devote a huge chunk of their resources to find new customers but, sometimes, they lose sight of their existing ones. Enterprises often take their eyes off… Continue reading What is Cohort Analysis? And How it Helps to Retain Customers
Hemant Warudkar | 14 Feb 2020
