The Client is India’s largest omni-channel jewelry brand, and is recognized and renowned by India consumers. The Client has 165 retail stores in 66+ cities across India, as well as a thriving jewelry eCommerce presence online. Its product line includes rings, earrings, pendants, necklaces, chains, bangles, bracelets, mangalsutra, and nose pins, as well as 22k (916) and 24k (995) gold coins with certification and BIS Hallmark stamp guarantee. The Client customer base is growing rapidly, and to attract and retain customers, the business provides new designs and uses a mobile application to bridge the gap between brick-and-mortar stores and the virtual world. The mobile app provides a Virtual Try-On feature that allows customers to ‘try on’ jewelry and designs using a virtual reflection and image.
Tag: Predictive Modeling
Predictive Analytics That is Easy Enough for Any Business User!
Predictive analytics may seem too complex for business users but with advanced technology like machine learning and features like assisted predictive modeling users can dive into the process without the skills of an IT professional or a data scientist. Assisted predictive modeling frees the user by providing system recommendations that will suggest the right analytical technique and achieve the best fit for what the user wants to do, ensuring that they use the most appropriate algorithm for the data they wish to analyze.
Predictive Analytics Is Within the Reach of Your Business Users!
Today, business planning is harder than ever. No one knows what is coming next and considering the changes in customer needs and expectations is just one of the issues. How about competition? What about new technology and how it will affect your products and services? What about the need for skills and new training for your team members and candidates? How about access to capital and investors?
Can Predictive Analytics REALLY Help My Business During These Uncertain Times?
How accurate is predictive analytics? Is it worth using for my business? How can forecasting and prediction help me in such an uncertain environment? These are all valid questions and they are they are questions your business (and your fellow business owners) must grapple with to understand the value of planning and analytical tools.
Predictive Analytics is a Critical Component of an Augmented Analytics Suite!
Analytics and advanced analytics techniques can seem daunting to the average business user but they need not be. If a business wants its users to adopt and use analytics tools, an augmented analytics solution is the way to go. These solutions are easy to use and provide guidance and auto-recommendations to help users gather and analyze data using the right analytical technique.
What is Predictive Analytics and How Can it Help My Business?
What is predictive analytics? Put simply, predictive analytics is a method used to forecast and predict the future results and needs of an organization using historical data and a comprehensive set of data from across and outside the enterprise.
What is Automated Machine Learning? Quite simply, it is the means by which your business can optimize resources, encourage collaboration and rapidly and dependably distribute data across the enterprise and use that data to predict, plan and achieve revenue goals.
Learning for Citizen Data Scientists and Data Literacy Across the Enterprise!
So you want to transform your business users and encourage learning for Citizen Data Scientists to enable data literacy across your enterprise? If your business is like most, your average business user doesn’t know (or need to know) the details of sophisticated algorithms and analytical techniques. But, you DO want to encourage data literacy and provide your business users with the tools they need to perform analytics.
How Can I Leverage Assisted Predictive Modeling to Benefit My Business?
Some people hear the term ‘assisted predictive modeling’ and their eyes cross. They immediately presume that we are talking about something complex and certainly NOT for them. Nothing could be further from the truth. This seemingly complex term actually describes a technique that is designed to be suitable for business users with average technical skills and, with these tools, the average user can enter the age of advanced analytics and make educated, confident business decisions about forecasts and predicted results.
Can Plug & Play Predictive Analytics Help Business Users Function Effectively?
Plug & Play Predictive Analytics is not an exotic process that is limited to data scientists or IT staff. Plug & play predictive analysis is so named because it really is a plug and play process. This type of predictive analytics tool is designed to be accessible and usable by business users.