Use of Data Science for Better Business Decisions
All the big business houses like Google, Facebook, Twitter, Netflix, Amazon have undergone one major structural change during last decade. They have employed structured process to gather information and analyse data for better decision-making system. Business intelligence in the past was more static and descriptive in nature. Yet it has changed to become a more […]
How Does Behavioural Analytics Help To Improve Business Strategies?
The practice of gathering and studying data from user actions on a website, app, or other digital product is known as behavioural analytics.In order to acquire insights, it focuses on monitoring, classifying, analysing, and measuring user actions across time. Basically, it’s about understanding what consumers do and how they react. Companies can utilise this data […]
Influence of Data Analysis on Sports
Everyone enjoys watching sports with in-depth and perceptive commentary. Every supporter likes to see that the performance of his/her team is always at its peak. Behind the scenes, big data is now significantly contributing to the competitiveness and audience engagement of these events. This idea is not necessarily fresh. In actuality, data analytics was first […]
Remote Patient Monitoring
A Brief: A significant opportunity exists to enhance the administration of care for chronic diseases, which are the main cause of death and disability. There could be a huge influence on both financial and health consequences. To lessen the burden of chronic illnesses on healthcare organisations, RPM’s capacity to gather and send health data outside of […]
A Brief on Spatial Data Analysis
What? The gathering, displaying, and manipulating of location-based information, or geodata, such as GPS coordinates, street addresses, zip codes, and satellite pictures, is known as spatial analysis. By superimposing layers of location and business data, such as sales statistics or transit times, on maps, geospatial analytics, can help you discover location-based insights. This allows you […]
Role of Data Science in Insurance Domain
The amount of data that is produced every single moment is unimaginably large. The generated data is significant and has the potential to be usefully repurposed. Here is where data science is useful. Data science is the art of optimizing data so that enterprises may better understand their clients’ needs and expectations and take all […]
Customer Lifetime Value (CLV)
What is Customer Lifetime Value (CLV)? The total amount of money a single client spends with any company over the course of their engagement with their products is known as customer lifetime value or CLV. And it’s a crucial Key Performance Indicator (KPI) for insurance business entity to monitor. Simply said, customer lifetime value enables […]
Insurance Fraud Detecting
What is Insurance Fraud? Insurance fraud costs the economy with loss of huge money every year. Insurance fraud has really overtaken all other forms of identity theft and it increased by an astounding percentage during last decade all over the world. Nevertheless, the vast majority of insurance transactions are legitimate and not fraudulent. Because of […]
Insurance Lead Scoring With Aclysis
What is Lead Scoring? It is a procedure where you rate your leads according to their saleability. You can maximise the value of each lead that comes into your pipeline by using lead scoring. This mechanism aims to assist businesses comprehend why, how, and when to use lead scoring. You may ascertain a prospect’s current […]
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