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  1. Artificial Intelligence

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    What’s “Artificial Intelligence” ?

    Artificial Intelligence is a broad discipline that promises to simulate numerous innate human skills such as automatic programming, case-based reasoning, neural networks, decision-making, expert systems, natural language processing, pattern recognition and speech recognition etc.‘AI’ technologies bring more complex data-analysis features to existing applications.

    There are ...

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  2. Natural Language Processing - An Outlook

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    What is 'natural language processing'? For beginners its basically enabling the computers to understand our normal human language, just like two humans can communicate and comprehend each other while they talk, text etc we want computers to be able to communicate and comprehend human language just like another human or ...

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  3. The people factor in Sentiment Analytics

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    Business is all about People and Sentiments!

    An important part of our information-gathering behavior has always been to find out what other people think. With the growing availability and popularity of opinion-rich resources such as online review sites and personal blogs, new opportunities and challenges arise as people now can ...

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  4. Analytics can be Descriptive, Predictive or Prescriptive

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    Businesses are recognizing the role of Business Analytics in getting them an edge over their competitors. As we talk - Data is exploding – the spread of analytics is increasing. New Meanings are being defined – New terms are being coined.

    The way of usage of Analytics depends on the data maturity of ...

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  5. The Multifaceted Analytics

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    The Multifaceted Analytics

    • Reporting

      • Evaluate what happened after the fact, and to thereby trigger corrective actions

    • Ad hoc queries,

      • User-selected queries, and OLAP is used for such activities as deeper analysis into why something happened.

    • Advanced analytics

    • Advanced statistical & data mining techniques used to discover why something happened.

    • Predictive analytics ...
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  6. A Note on Customer Intelligence

    Customer intelligence is the Insight derived from customer data in an organization that is collected from both internal and external sources. The purpose is to understand customer feelings/motivation in a better way in order to enhance future growth. The application of business analytics to customer data is sometimes also ...

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  7. Predictive Analytics – Next Ripple of Analytics

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    The Volume of Data coupled with the Variety drives the need of increased Velocity of Decision Making. The bes way to catch up with the speed is to get ahead of the curve – Predict and Fix!

    Challenge of the Day

    • Business Leaders Frequently Make Critical Decisions without Information they need ...
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  8. Django-The Web Framework for perfectionists with deadlines

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    "The Web Framework for perfectionists with deadlines". This is the slogan for Django, a web framework designed to help you build complex web applications simply and quickly. It’s written in the Python programming language and is its top notch web framework. It follows the model–view–controller architectural pattern ...

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  9. An Online File Sharing Website Discovered the Importance and Impact of Good Website Design and Analytics

    Abstract

    An Online sharing website was experiencing low traffic despite the company investing a good sum of money in marketing and online ads.

    Challenge

    The reason for low traffic was unknown. The company was already investing a lot of money to marketing and hence couldn’t afford more investment in ...

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  10. A Beauty parlor chain identifies optimum pricing and customer relation management

    Abstract

    The chain was experiencing a reduced level of revenue which majorly attributed because of the change in the customerneed pattern and increase competition.

    Challenge

    • The challenge was to identify the customer pattern and thereby bridge the need-service gap.

    • An edge for the organization to overcome the competition

    Profoundis solution ...

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  11. Business optimization for a Medium scale manufacturing organization

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    Abstract

    A medium scale manufacturing company was looking to optimize the business processes

    Challenge

    The company had in place an accounting software package. But there was no integration between the sales or purchase data and the accounting details. The sales and purchase data were kept largely in spreadsheets and fed ...

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  12. Business Intelligence- The latest technology intended for the high quality business improvement

    The concept of Business Intelligence is new to many organizations. Most of the business personals are looking forward to make maximum profit out of their business. But how? Business Intelligence (BI) is latest technology intended for the high quality business improvement . It is widely used in such areas as manufacturing ...

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  13. Financial Analytics - See stories in your numbers

    Financial analytics is increasingly finding popularity among companies that are looking to better their financial value proposition and optimise business performance. What is Financial analytics?

    Financial analytics is a set of tools or a system that can be used to increase a company's financial productivity, specifically its profitability. Some ...

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  14. Are SMEs too small for Business Analytics

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    The wave of analytics in business is fast approaching the small and medium scale sector. Due to various reasons, the SME market is still not completly open to the adoption of advanced predictive analytics methodologies to improve their business.

    The reasons for the inihibition are quite obvious.

    • Lack of funds ...
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  15. Business Analytics - Growth Driver for the Future

    Business analytics is changing in scale and complexity. The term business intelligence (BI) was coined back in 1958, when IBM researcher Hans Peter Luhn used it in an IBM Journal article. Since then, business intelligence has developed as a concept and towards a full fledged field of research.

    In the ...

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  16. Small Is the Next Big

    Small Is The New Big

    When the world turns its focus to the developing economies, the trend of business is changing fast. The growth story of large economies like China, India and Brazil - countries with large population and geographies have been powered by the small scale business sectors.

    India is ...

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  17. Know RAID

    RAID

    (Redundant Array Of Independent Disks) is a storage technology that combines multiple disk drive components into a logical unit. Data is distributed across the drives in one of several ways called "RAID levels", depending on what level of redundancy and performance (via parallel communication) is required.

    Levels of RAID ...

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  18. What can software do for SMEs

    What can software do for SMEs

    The terms 'automation' and 'computerization' became buzzwords in the business arena decades back. Since then, the use of technology in the business world has been ever increasing and the growth of technology use has in turn resulted in the growth of business. The business ...

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  19. Need for Business Intelligence

    Need for Business Intelligence:

    Growth of Indian economy is dramatic. The Organizations serving as the backbone for growth have to keep growing for this trend to continue. Several companies growing simultaneously set a competitive market. The key to success is about differentiating oneself from the rest. The strategies followed in ...

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  20. First Post on Profoundis

    This is the first blog post ever on the Profoundis blog. Hoping the content would be useful for the rest of the world. Will be adding contents related to work, life, open-source and philosophy. We are a group of techno-management enthusiasts, wanting to make the world a better place.

    Welcome ...

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