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May 2016 Blog Posts (12)

The chatbot revolution

Chatbot is a computer program designed to simulate conversation with human users, especially over the Internet.

Among Facebook's F8 announcements, there was one about chatbots on messenger.

Simply put: as a part of the newly announced messenger platform, Facebook has made it easy to integrate a chatbot as a part of the business page service suite.

A…

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Added by Eyal Dror on May 30, 2016 at 2:30am — No Comments

Making data science accessible – Logistic Regression

What is Logistic Regression?

 

Regression is a modelling technique for predicting the values of an outcome variable from one or more explanatory variables. Logistic Regression is a specific approach for describing a binary outcome variable (for example yes/no). Let’s assume you are own a new boutique shop. You have a list of potential clients you are thinking of inviting to a special event with the aim of maximizing the number of sales – who should you invite? Data on…

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Added by Dan Kellett on May 26, 2016 at 9:56am — 1 Comment

7 Reasons Non-Analysts Should Understand Data Modeling

For many non-technical individuals in the business world, data modeling can seem like a strange and somewhat terrifying realm. Even those who are data-savvy and regularly consult and analyze data in their day-to-day operations will often view modeling as perplexing under-the-hood stuff that is best left to data analysts or IT staff.

To an extent, there’s some truth to this: advanced data modeling can quickly become a complicated affair (although the right business intelligence…

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Added by Eran Levy on May 23, 2016 at 2:00am — No Comments

Text Analytics: Greater Usability Less Time to Insight

Transparency Market Research has released a new market report titled Text Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024. According to this report, the global text analytics market revenue stood at US$2.82 bn in 2015 and is expected to reach US$12.16 bn by 2024, at a CAGR of 17.6% from 2016 to 2024. 

Text analytics is a method of…

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Added by Mona D on May 20, 2016 at 4:00am — No Comments

Big Data's Most Influential Rock Stars: 10 Must-Follow Leaders

This list of hand-picked leaders was compiled by Wojtek Aleksander, from GetResponse.

Other bigger lists (sometimes created by robots) can be found here and are usually based on your Klout Score, which in my opinion is not accurate. The list in uestion is truly original and I would even add, somewhat unexpected, as you won't find Bernard Marr, Kirk Borne and other well known gurus.…

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Added by Vincent Granville on May 14, 2016 at 3:11pm — No Comments

How Customer Event Data turbo-charge your business

Customers... What do they like? What do they use? What kind of customers used my precious new feature? There are many reasons that any business should use customer events. Ultimately everything leads to two points: customer satisfaction and revenue.

Customer Event Data

When I first started playing with Google Analytics it was beautiful. A new world was in front of me. With only a quick setup I was able to see what's going on with my users. Many…

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Added by George Psistakis on May 11, 2016 at 3:00pm — No Comments

Security analytics will be the next big thing in IT security

Security analytics tools refer to a variety of security event data collection, filtering, integrating, and linking tools that provide a detailed overview of the security of an organization’s digital infrastructure. Principles of security analytics are applicable to any organization that has a large number of devices connected to the internal network, such as mobile devices, desktop computers, data servers, and routers.

Several factors have led to the increased…

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Added by Mona D on May 10, 2016 at 12:30am — No Comments

What is Poor Data Quality Costing You?

What is Poor Data Quality Costing You?

Your data is a valuable asset.  Especially in today’s world of faster consumers, your data needs to be in tip-top shape to target, engage and convert prospects. If not properly maintained, you risk any number of lost opportunities, decreased efficiency, and a negative impact to your bottom line.

Marketing data has become so important that 97% of companies feel driven to turn their data into insights, according to the 2015 Data Quality…

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Added by Larisa Bedgood on May 9, 2016 at 2:00pm — No Comments

Cyclic Group in Qlik Sense

In developing Qlik sense application we some time faced a task to create cyclic drill in Qlik Sense, and yes its not a feature of Qlik sense Charts available currently.

I searched the community and found solutions, thanks you all for the same. However No single post was there to describe it Hence this blog.

 

Now below are the some ways to achieve Cyclic Group

 

First lets set up the basic setting which will be done for all solution mention…

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Added by Vishal Sharma on May 6, 2016 at 12:23am — No Comments

How Customer Analytics and Insights Enrich Customer Journey Design: Primary Research

Why do organizations seek to design effective multi-channel customer journeys? Customers demand it.…

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Added by Leslie Ament on May 4, 2016 at 2:30pm — No Comments

Making data science accessible - Markov Chains

What are Markov Chains?

 

A Markov chain is a random process with the property that the next state depends only on the current state. For example: If you have the choice of red or blue twice the process would be Markovian if each time you chose the decision had nothing to do with your choice previously (see diagram below). How can Markov Chains help us?…

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Added by Dan Kellett on May 3, 2016 at 1:05am — No Comments

Marketing Analytics – The Most Important and Least Thought about Variable: The Dependent

All the hard work we put into the “model” on the right hand side of the equation, is only as accurate as the dependent variable was to start with in reflecting the business problem at hand.  Yet…. modeling efforts typically focus almost exclusively on the prediction of the objective variable, while often…

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Added by David G. Young on May 1, 2016 at 8:21pm — No Comments

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