Pickl AI

JULY 23, 2023

Using the right data analytics techniques can help in extracting meaningful insight, and using the same to formulate strategies. The analytics techniques like descriptive analytics, predictive analytics, diagnostic analytics and others find application in diverse industries, including retail, healthcare, finance, and marketing.

Analytics 52

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Pickl AI

JUNE 4, 2024

Importance of Data Management With such a diverse range of data sources, robust data management systems are essential. These systems ensure that the data collected is: Accurate Data quality is paramount. Inaccurate data leads to unreliable analysis and misleading insights.

Analytics 52

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Pickl AI

DECEMBER 16, 2024

Key applications include spend analysis, supplier management, and contract automation. The future promises increased automation and predictive analytics, enabling organisations to optimise procurement strategies while driving sustainability and compliance in their supply chains. What is AI in Procurement?

AI 52

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Pickl AI

DECEMBER 4, 2023

In the realm of Data Intelligence, the blog demystifies its significance, components, and distinctions from Data Information, Artificial Intelligence, and Data Analysis. Key Components of Data Intelligence In Data Intelligence, understanding its core components is like deciphering the secret language of information.

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Defined.ai blog

AUGUST 10, 2023

Businesses must understand how to implement AI in their analysis to reap the full benefits of this technology. In the following sections, we will explore how AI shapes the world of financial data analysis and address potential challenges and solutions.

Business Intelligence 52

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Pickl AI

JANUARY 16, 2024

Summary: The blog delves into the 2024 Data Analyst career landscape, focusing on critical skills like Data Visualisation and statistical analysis. It identifies emerging roles, such as AI Ethicist and Healthcare Data Analyst, reflecting the diverse applications of Data Analysis.

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Pickl AI

OCTOBER 15, 2024

Predictive Analytics Predictive analytics involves using statistical algorithms and Machine Learning techniques to forecast future events based on historical data. It analyses patterns to predict trends, customer behaviours, and potential outcomes.

Analytics 52

Analytics Analytics Predictive Analytics Machine Learning 52

Ocean Protocol

DECEMBER 12, 2023

Abstract This research report encapsulates the findings from the Curve Finance Data Challenge , a competition that engaged 34 participants in a comprehensive analysis of the decentralized finance protocol. Part 1: Exploratory Data Analysis (EDA) MEV Over 25,000 MEV-related transactions have been executed through Curve.

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Pickl AI

DECEMBER 2, 2024

Key Takeaways Big Data originates from diverse sources, including IoT and social media. Data lakes and cloud storage provide scalable solutions for large datasets. Processing frameworks like Hadoop enable efficient data analysis across clusters. Veracity Veracity refers to the trustworthiness and accuracy of the data.

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Pickl AI

JUNE 4, 2024

Machine learning is used in healthcare to develop predictive models, personalize treatment plans, and automate tasks. Big Data Analytics This involves analyzing massive datasets that are too large and complex for traditional data analysis methods. What Are The Challenges of Implementing Data Science in Healthcare?

Data Science 52

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Data Science Blog

OCTOBER 20, 2024

Additionally, it allows for quick implementation without the need for complex calculations or data analysis, making it a convenient choice for organizations looking for a simple attribution method. One of its main advantages is its simplicity; it is a straightforward and easy-to-understand approach.

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Pickl AI

NOVEMBER 25, 2024

Key Takeaways Big Data originates from diverse sources, including IoT and social media. Data lakes and cloud storage provide scalable solutions for large datasets. Processing frameworks like Hadoop enable efficient data analysis across clusters. Veracity Veracity refers to the trustworthiness and accuracy of the data.

Big Data 52

Big Data Big Data Data Lakes Apache Hadoop 52

Defined.ai blog

AUGUST 23, 2023

Customer Service : AI chatbots, like those used by many online retailers or service providers, utilize marketing data to understand common customer queries and provide accurate responses. Predictive Analytics : Businesses use AI to analyze marketing data and predict future trends, helping them make informed decisions.

AI 52

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Pickl AI

OCTOBER 10, 2024

Summary: Data transformation tools streamline data processing by automating the conversion of raw data into usable formats. These tools enhance efficiency, improve data quality, and support Advanced Analytics like Machine Learning.

Data Quality 52

Data Quality AWS Machine Learning Machine Learning 52

Pickl AI

OCTOBER 1, 2024

Summary: Artificial Intelligence (AI) is revolutionizing agriculture by enhancing productivity, optimizing resource usage, and enabling data-driven decision-making. While AI presents significant opportunities, it also faces challenges related to data quality, technical expertise, and integration.

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Pickl AI

DECEMBER 16, 2024

Summary: AI in Time Series Forecasting revolutionizes predictive analytics by leveraging advanced algorithms to identify patterns and trends in temporal data. This is due to the growing adoption of AI technologies for predictive analytics. Making Data Stationary: Many forecasting models assume stationarity.

AI 52

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Pickl AI

SEPTEMBER 24, 2024

Read More: Use of AI and Big Data Analytics to Manage Pandemics Overview of Uber’s Data Analytics Strategy Uber’s Data Analytics strategy is multifaceted, focusing on real-time data collection, predictive analytics, and Machine Learning.

Analytics 52

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Pickl AI

OCTOBER 15, 2024

Summary: Statistical Modeling is essential for Data Analysis, helping organisations predict outcomes and understand relationships between variables. Introduction Statistical Modeling is crucial for analysing data, identifying patterns, and making informed decisions. Below are the essential steps involved in the process.

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Pickl AI

DECEMBER 4, 2024

Data Wrangling The process of cleaning and preparing raw data for analysis—often referred to as “ data wrangling “—is time-consuming and requires attention to detail. Ensuring data quality is vital for producing reliable results.

Data Science 52

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Heartbeat

OCTOBER 23, 2023

Image from "Big Data Analytics Methods" by Peter Ghavami Here are some critical contributions of data scientists and machine learning engineers in health informatics: Data Analysis and Visualization: Data scientists and machine learning engineers are skilled in analyzing large, complex healthcare datasets.

Machine Learning 52

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Pickl AI

SEPTEMBER 3, 2024

Data Quality and Availability The performance of ANNs heavily relies on the quality and quantity of the training data. Insufficient or biased data can lead to inaccurate predictions and reinforce existing biases. They may employ neural networks to enhance predictive analytics and improve business outcomes.

Natural Language Processing 52

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Pickl AI

NOVEMBER 18, 2024

The article also addresses challenges like data quality and model complexity, highlighting the importance of ethical considerations in Machine Learning applications. Key steps involve problem definition, data preparation, and algorithm selection. Data quality significantly impacts model performance.

Machine Learning 52

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Pickl AI

JULY 29, 2024

Log Analysis These are well-suited for analysing log data from various sources, such as web servers, application logs, and sensor data, to gain insights into user behaviour and system performance. Organisations that require low-latency data analysis may find Hadoop insufficient for their needs.

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Pickl AI

OCTOBER 7, 2024

By leveraging Machine Learning algorithms, predictive analytics, and real-time data processing, AI can enhance decision-making processes and streamline operations. By analysing historical performance data from pumps and treatment plants, utilities can schedule maintenance proactively, reducing downtime and repair costs.

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Pickl AI

JANUARY 28, 2025

This involves several key processes: Extract, Transform, Load (ETL): The ETL process extracts data from different sources, transforms it into a suitable format by cleaning and enriching it, and then loads it into a data warehouse or data lake.

Business Intelligence 52

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Alation

MARCH 21, 2023

The travel and tourism industry can use predictive, descriptive, and prescriptive analytics to make data-driven decisions that ultimately enhance revenue, mitigate risk, and increase efficiencies.

Analytics 52

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Pickl AI

JULY 12, 2024

Scikit-learn: A simple and efficient tool for data mining and data analysis, particularly for building and evaluating machine learning models. This section explores the essential steps in preparing data for AI applications, emphasising data quality’s active role in achieving successful AI models.

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phData

SEPTEMBER 4, 2024

Leveraging on ThoughtSpot’s built-in usage-based ranking ML algorithm, SpotIQ improves with each use, making data analysis more intuitive and proactive for users. Full Stack Service ThoughtSpot Mode gives data teams everything they need to go from the back end to the front end. Why Use ThoughtSpot?

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Pickl AI

NOVEMBER 3, 2023

It went from simple rule-based systems to advanced data-driven algorithms. Today, real-time trading choices are made by AI using the combined power of big data, machine learning (ML), and predictive analytics. Click here to know more about how one can unleash the power of AI and ML for scaling operations and data quality.

AI 52

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Data Science Blog

JULY 23, 2023

Companies use Business Intelligence (BI), Data Science , and Process Mining to leverage data for better decision-making, improve operational efficiency, and gain a competitive edge. It advocates decentralizing data ownership to domain-oriented teams.

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Pickl AI

JUNE 6, 2024

Enter predictive modeling , a powerful tool that harnesses the power of data to anticipate what tomorrow may hold. What is Predictive Modeling? Predictive modeling is a statistical technique that uses Data Analysis to make informed forecasts about future events.

Internet of Things 52

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Dataconomy

MARCH 28, 2025

By leveraging data science and predictive analytics, decision intelligence transforms raw data into actionable insights, fostering a more informed and agile decision-making process. They adopt various techniques to integrate both structured and unstructured data, which is essential for comprehensive analysis.

Data Science 91

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Pickl AI

JANUARY 19, 2025

Data warehousing involves the systematic collection, storage, and organisation of large volumes of data from various sources into a centralized repository, designed to support efficient querying and reporting for decision-making purposes. It ensures data quality, consistency, and accessibility over time.

Data Mining 52

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Pickl AI

DECEMBER 3, 2024

By leveraging GenAI, businesses can personalize customer experiences and improve data quality while maintaining privacy and compliance. Introduction Generative AI (GenAI) is transforming Data Analytics by enabling organisations to extract deeper insights and make more informed decisions.

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