data analytics trends Archives

How advanced is data analytics transforming the retail industry?

January 24, 2023January 24, 2023Big Data and Fast Data, Business Insightsdata analytics trends, retail analytics

Reading Time: 3 minutes Traditional brick-and-mortar retailers have been radically overhauled by data analytics, which has swept the industry off its feet. To assess consumer needs, enhance supply chain administration, and boost profit; it has introduced a new perspective. Additionally, it aims to optimize revenues by maximizing brand strategy, discount coupons, and ensuring that excess inventory loss is kept to a bare minimum. Furthermore, data analytics aids in evaluating Continue Reading

MachineX: Boosting performance with XGBoost

April 20, 2020October 12, 2020AI, Analytics, Big Data and Fast Data, ML, AI and Data Engineering, pythonAnalytics, BigData, data analytics trends, Machine Learning, MachineX

Reading Time: 5 minutes In this blog, we are going to see how XGBoost works and some of the important features of XGBoost with the help of an example. So, many of us heard about tree models and boosting techniques. Let’s put these concepts together and talk about XGBoost, the most powerful machine learning Algorithm out there. XGboost called for eXtreme Gradient Boosted trees. The name XGBoost, though, actually Continue Reading

Top 7 Data Analytics and Management Trends for 2020

March 27, 2020October 12, 2020Big Data and Fast Data, Business Insights, Studio-ScalaAI, Analytics, Big Data Analytics, data analytics trends, NLP

Reading Time: 5 minutes We live in an era of data as it lies at the heart of digital transformation. And datasets are no longer as simple as before. They have increased in volumes, velocity, complexity and above all, are coming from multiple sources. Top tech giants like Google, Netflix, Amazon, and others are crunching massive amounts of data on a daily basis to give you a personalized experience. Continue Reading