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Insurance Companies Will Shape the Future of Cyber Security
For too long, vendors have capitalized on industry fear of breaches to sell confusing products that may or may not provide value. But fanning the flames of cyber hysteria has started to backfire. Companies now consider potential losses from a cyber breach as a cost of... Read more
Which customers are more likely to respond to banks’ marketing campaigns?
A quick demonstration on business consulting with data science Audience The intended audience for this blog post is marketers who have read the earlier post on 5-step data science consulting framework, and are keen to learn more about the actual implementation of such projects. We will be using the caret package in... Read more
Chatbots in Banking
The Co-arthers of this post are Yue Cathy Chang an SVDS alumi, and Cindi Thompson,Principal Data Scientist at Silicon Valley Data Science. There article was originally posted on the Silicon Valley Data Science blog. From asking Amazon Alexa for traffic conditions, to receiving helpful tips from Slackbot, to... Read more
How to Get Executive-Level Support for Business Analysis
It probably goes without saying that PMI’s foundational standard on business analysis has an obvious audience—those who actually do business analysis as part of their everyday job. It’s pretty unlikely executives or CIOs are going to pick it up for some light reading. That’s why I wanted to... Read more
How AI Is Changing Retail Banking
With technological advancement, artificial intelligence is set to touch and modify the financial sector, specifically retail banking in many different ways. It’s still the beginning stages of AI adoption for most banks. A Narrative Science survey highlighted that 32 percent of financial executive participants utilize AI technology, such... Read more
7 Great ways to add a Chatbot to your Business
Pick the right use case and reap the benefits of having an automated chatbot in your business Choosing the right way to use a chatbot in your business may be one of the most important parts of the entire building process. The objective that you give to... Read more
How the Internet of Things Will Change Marketing
An industry that is expected to add $ 19 trillion to the Global GDP will definitely have an impact on all aspects of an organization. As such the Internet of Things will revolutionize marketing. Within a few years, thanks to the Internet of Things, a marketer’s job will... Read more
Re-thinking Enterprise business processes using Augmented Intelligence
In the 1990s, there was a popular book called Re-engineering the Corporation. Looking back now, Re-engineering certainly has had a mixed success – but it did have an impact over the last two decades. ERP deployments led by SAP and others were a direct result of... Read more
How fast does the business landscape change?
Shiny Project contributed by Jiaxu Luo – Data Science Student in the NYC Data Science Academy Bootcamp I. Introduction Do you have any idea how the structure of world economy change over the years? Do you know how the giant companies in the industry you work for... Read more
The Mathematical Principles of Management
I’ve read about 100 management books by now but if there’s something that always bothered me it’s the lack of first principles thinking. Basically it’s a ton of heuristics. And heuristics are great, but when you present heuristics as true objectives, it kind of clouds the... Read more