ElegantJ BI

OCTOBER 17, 2018

Use Case – 1 Business Problem: A bank loans officer wants to predict if loan applicants will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installments, employment tenure, how many times has the applicant been delinquent, annual income, debt to income ratio etc.

Logistics 130

Logistics Banking Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Use Case – 1 Business Problem: A bank wants to group loan applicants into high/medium/low risk based on attributes such as loan amount, monthly installments, employment tenure, the number of times the applicant has been delinquent in other payments, annual income, debt to income ratio etc.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Use Case – 1 Business Problem: A bank wants to group loan applicants into high/medium/low risk based on attributes such as loan amount, monthly installments, employment tenure, the number of times the applicant has been delinquent in other payments, annual income, debt to income ratio etc.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

KNN Classification analysis can be useful in evaluating many types of data. Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. Weather Prediction – Based on temperature, humidity, pressure etc.,

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

KNN Classification analysis can be useful in evaluating many types of data. Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. Weather Prediction – Based on temperature, humidity, pressure etc.,

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Let’s look at two examples: Based on the historical data related to credit card payments, loan payments, delinquency rate, outstanding balance we want to classify/divide the customers into those who default and those who do not default. a bank needs to classify customers into those that will default and those that will not default.

Banking 130

Banking Retail Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Let’s look at two examples: Based on the historical data related to credit card payments, loan payments, delinquency rate, outstanding balance we want to classify/divide the customers into those who default and those who do not default. a bank needs to classify customers into those that will default and those that will not default.

Banking 130

Banking Retail Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

How Can SVM Classification Analysis Benefit Business Analytics? Let’s examine two business use cases where SVM Classification can benefit the organization. Business Benefit: Once classes are assigned, the bank will have a loan applicant dataset with each applicant labeled as “likely/unlikely to default”.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

How Can SVM Classification Analysis Benefit Business Analytics? Let’s examine two business use cases where SVM Classification can benefit the organization. Business Benefit: Once classes are assigned, the bank will have a loan applicant dataset with each applicant labeled as “likely/unlikely to default”.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

Business Problem: A bank wants to find the correlation between income and credit card delinquency rate of credit card holders. Input Data: The delinquency rate of each credit card customer and the monthly income of each credit card customer.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

Business Problem: A bank wants to find the correlation between income and credit card delinquency rate of credit card holders. Input Data: The delinquency rate of each credit card customer and the monthly income of each credit card customer.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

a business can predict the likelihood of fraud. Use Case – 1 Business Problem: A bank loans officer wants to predict if a loan applicant will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installment, employment tenure, the number of times delinquent, annual income, debt to income ratio etc.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

a business can predict the likelihood of fraud. Use Case – 1 Business Problem: A bank loans officer wants to predict if a loan applicant will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installment, employment tenure, the number of times delinquent, annual income, debt to income ratio etc.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 10, 2018

How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data? In order to understand how best to make use of this algorithm; let’s look at some general examples, followed by some business use cases. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 10, 2018

How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data? In order to understand how best to make use of this algorithm; let’s look at some general examples, followed by some business use cases. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Finance – An organization might use this technique to Identify if demographic factors influence banking channel/product/service preference or selection of a type of term plan of an insurance etc. How Can the Chi Square Test of Association Be Used for Business Analysis?

Data Discovery 130

Data Discovery Retail Banking Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Finance – An organization might use this technique to Identify if demographic factors influence banking channel/product/service preference or selection of a type of term plan of an insurance etc. How Can the Chi Square Test of Association Be Used for Business Analysis?

Data Discovery 130

Data Discovery Retail Banking Business Intelligence 130

Data Pine

APRIL 14, 2022

When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. After all, these are some pretty massive industries with many examples of big data analytics, and the rise of business intelligence software is answering what data management needs.

Big Data 97

Big Data Healthcare Customer Experience Customer Experience 97

ElegantJ BI

AUGUST 14, 2018

Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions. The business can develop promotions and offers, e.g., “Buy this and get this free” or “Buy this and get % off on another product”.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 14, 2018

Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions. The business can develop promotions and offers, e.g., “Buy this and get this free” or “Buy this and get % off on another product”.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

Data Pine

NOVEMBER 19, 2019

In business intelligence, we are evolving from static reports on what has already happened to proactive analytics with a live dashboard assisting businesses with more accurate reporting. This feature hierarchy and the filters that model significance in the data, make it possible for the layers to learn from experience.

Artificial Intelligence 111

Artificial Intelligence Vision Banking Retail 111

ElegantJ BI

OCTOBER 18, 2018

Business Benefit: Based on the rules generated, the store manager can strategically place the products together or in sequence leading to growth in sales and, in turn, revenue of the store. Use Case – 2 Business Problem: A bank-marketing manager wishes to analyze which products are frequently and sequentially bought together.

Business Analysis 130

Business Analysis Business Analysis Banking Data Discovery 130

ElegantJ BI

OCTOBER 18, 2018

Business Benefit: Based on the rules generated, the store manager can strategically place the products together or in sequence leading to growth in sales and, in turn, revenue of the store. Use Case – 2 Business Problem: A bank-marketing manager wishes to analyze which products are frequently and sequentially bought together.

Business Analysis 130

Business Analysis Business Analysis Banking Data Discovery 130

The BAWorld

NOVEMBER 12, 2020

Tableau is the leading Data visualization and Business Intelligence tool and is placed as the leader in the Gartner magic quadrant 2020. Currently, Tableau is one of the most powerful and fastest growing Business Intelligence and visualization tool in the industry. Tableau Overview.

Visualization 98

Visualization Monitoring Business Intelligence Business Intelligence 98

Data Pine

AUGUST 12, 2020

Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state. Here we take the time to define business report, explore visual report examples, and look at how to write one for various needs, goals, and objectives.

Retail 119

Retail Visualization Data Visualization Finance 119

Data Pine

JULY 1, 2020

quintillion bytes of data every single day, with 90% of the world’s digital insights generated in the last two years alone, according to Forbes. In this day and age, a failure to leverage digital data to your advantage could prove disastrous to your business – it’s akin to walking down a busy street wearing a blindfold.

Retail 104

Retail Healthcare Visualization Business Intelligence 104

ElegantJ BI

JULY 10, 2018

Use Case(s): Determine if a product sells better in certain locations, verify if gender has an influence on purchasing decisions, Identify if demographic factors influence banking channel/product/service preference or selection of a type of term insurance plan and more.

Logistics 130

Logistics Data Discovery Business Analysis Business Analysis 130

ElegantJ BI

JULY 10, 2018

Use Case(s): Determine if a product sells better in certain locations, verify if gender has an influence on purchasing decisions, Identify if demographic factors influence banking channel/product/service preference or selection of a type of term insurance plan and more.

Logistics 130

Logistics Data Discovery Business Analysis Business Analysis 130