This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and riskmanagement. Predictive analytics, with the help of machine learning, keeps getting more accurate with the continuous inflow of data.
Data analysts leverage four key types of analytics in their work: Prescriptiveanalytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.
As with any good consulting response, “it depends.” Do you recommend a consulting approach strategy rather than a CDO strategy? What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Value Management or monetization. RiskManagement (most likely within context of governance).
Artificial intelligence (AI)-enabled systems are driving a new era of business transformation, revolutionizing industries through prescriptiveanalytics, personalized customer experiences and process automation. Vipin also led consulting practices at Accenture, Microsoft and HPE, advising Fortune 100 firms and U.S.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content