More than thousands of factories shut down globally due to the pandemic, and while the companies were recovering from it, new cases have begun to hit the industry. Due to the recent lockdowns, more than 180 companies have faced significant hits in their sales, production, and shipping operations. …

Artificial Intelligence is ubiquitous. AI significantly impacts every field in this digitized world, from agriculture to self-driven cars to your Netflix suggestions. For AI to work, high-quality data is fundamental. As per a McKinsey report, 44% of firms that used Artificial Intelligence technologies saw a decrease in business expenses and…

Natural language processing is altering what most think is the only possibility with data analysis and business intelligence. Although NLP originated in linguistics and has existed for half a century, NLP is increasingly being applied across industries and businesses today. …

The activity of tourism has been the center of attraction in many walks of life. In fact, the tourism industry contributed to 10% of the world’s GDP. But the Covid-19 pandemic made a significant impact on the tourism industry. The global tourism industry suffered a massive loss of $4.5 trillion…

Have you ever wondered why your bounce rate is so high or why attracting customers to your ecommerce platform is so difficult? You are competing with 12 to 24 million ecommerce sites. If you make a single mistake with your customer, they will quickly choose another option from the million…

The invasion of predictive analytics can be seen in nearly every industry and the real estate segment is not an exception. While traditional analytics methods and data handling approaches made it difficult to make reliable insights for the future, real-estate analytics revolutionized the sector. …

We cannot expect doctors to remember every detail about each patient throughout their careers and diagnose illnesses instantly as it is not conceivable. However, if the doctor has instant access to all of the data, he will be able to provide personalized care for all of his patients and eliminate…

If you own or plan to start a business, you’ve probably got advice like “manage your data effectively” and “focus on your customers more” multiple times. However, suppose you believe that there is excessive hype surrounding data management and customer relationships. …

Every business decision is based on the data you collect, but have you ever stopped to consider whether the information you rely on is accurate? Valid? Only a few businesses do so. The others make incorrect forecasts based on outdated data and begin chasing the wrong customer. According to IDC…