How to Manage Dynamic Pricing in COVID-19
The COVID-19 pandemic and how it has affected business The COVID-19 pandemic has thrown the business world off of its’ axis. The virus has disrupted global productivity, manufacturing, service activities, and supply chains. How to manage dynamic pricing in COVID-19? With the major services that form the backbone of the business world out of commission,… Continue reading How to Manage Dynamic Pricing in COVID-19
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
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
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)
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