Data Democratization Think of it as Home Renovation!

The focus of this article is on Data Democratization within the business enterprise, but the concepts and approaches involved in implementing this type of initiative are worth considering for any kind of major change within an organization. When thinking about business environments, how they are […]

Small and Medium Sized Businesses (SMEs) Needs Self-Serve Advanced Analytics!

If your small or medium sized (SME) business is looking for ways to improve forecasting, problem solving and market opportunities, it must have an agile, swift analytical process that will allow business users to leverage their role, their knowledge of their business function and their […]

Factors and Considerations Involved in Choosing a Data Management Solution!

When a business enters the domain of data management, it is easy to get lost in a flurry of promises, brochures, demos and the promise of the future. In the first article in our two-part series, entitled, ‘Data Warehouse, Data Lake, Data Mart, Data Hub: […]

What Is Multilayer Perceptron Classifier And How Is It Used For Enterprise Analysis?

This article describes the analytical technique of multilayer perceptrons for classification.   What is a Multilayer Perceptron Classifier? Multilayer perceptron (MLP) is a technique of feed-forward artificial neural networks using a back propagation learning method to classify the target variable used for supervised learning. MLP’s […]

What Is Generalized Linear Regression with Gaussian Distribution And How Can An Enterprise Use This Technique To Analyze Data?

This article describes the analytical technique of generalized linear regression with gaussian distribution.   What is Generalized Linear Regression with Gaussian Distribution? The Generalized Linear Model (GLM) Regression is a flexible generalization of ordinary linear regression that allows for response variables that have error distribution […]

What Is Random Forest Classification And How Can It Help Your Business?

This article provides a brief overview of random forest classification technique.   What is Random Forest Classification? The Random Forest Classification model constructs many decision trees wherein each tree votes and outputs the most popular class as the prediction result. Random Forest Classification output helps […]

What is Isotonic Regression and How Can a Business Utilize it to Analyze Data?

This article provides a brief overview of isotonic regression technique.   What is Isotonic Regression? Isotonic Regression is a variant of linear regression and allows us to build models in piecewise linear manner i.e., breaking up the problem into few or many linear segments and […]

Small and Mid-Sized Businesses Embrace Advanced Analytics and Improve Productivity and Empowerment!

A recent study published by Gartner revealed that 10% of midsize organizations currently have some form of prescriptive analytics. This is forecast to grow to 36%. You may be wondering why the use of predictive analytics is growing so rapidly in midsized companies, and it […]