Dataconomy

FEBRUARY 26, 2025

What is prescriptive analytics? Prescriptive analytics is a branch of data analytics that focuses on advising on optimal future actions based on data analysis. Key steps Specifying requirements for the analysis. Identifying appropriate data sources. Organizing and cleaning data.

Analytics 103

Analytics Analytics Predictive Analytics Data Analysis 103

Pickl AI

AUGUST 27, 2024

Summary: Python simplicity, extensive libraries like Pandas and Scikit-learn, and strong community support make it a powerhouse in Data Analysis. It excels in data cleaning, visualisation, statistical analysis, and Machine Learning, making it a must-know tool for Data Analysts and scientists. Why Python?

Data Analysis 52

Data Analysis Data Analysis Python Data Analyst 52

Pickl AI

APRIL 21, 2025

Exploring the Ocean If Big Data is the ocean, Data Science is the multifaceted discipline of extracting knowledge and insights from data, whether it’s big or small. It’s an interdisciplinary field that blends statistics, computer science, and domain expertise to understand phenomena through data analysis.

Big Data 52

Big Data Big Data Data Science Machine Learning 52

How to Learn Machine Learning

APRIL 26, 2025

This includes duplicate removal, missing value treatment, variable transformation, and normalization of data. Tools like Python (with pandas and NumPy), R, and ETL platforms like Apache NiFi or Talend are used for data preparation before analysis.

Data Science 52

Data Science Data Analyst Data Scientist Machine Learning 52

Pickl AI

DECEMBER 16, 2024

Key applications include spend analysis, supplier management, and contract automation. The future promises increased automation and predictive analytics, enabling organisations to optimise procurement strategies while driving sustainability and compliance in their supply chains. What is AI in Procurement?

AI 52

AI AI Predictive Analytics Artificial Intelligence 52

Pickl AI

OCTOBER 18, 2023

Data serves as the backbone of informed decision-making, and the accuracy, consistency, and reliability of data directly impact an organization’s operations, strategy, and overall performance. Informed Decision-making High-quality data empowers organizations to make informed decisions with confidence.

Data Quality 52

Data Quality ML ML Machine Learning 52

Pickl AI

DECEMBER 16, 2024

Summary: AI in Time Series Forecasting revolutionizes predictive analytics by leveraging advanced algorithms to identify patterns and trends in temporal data. This is due to the growing adoption of AI technologies for predictive analytics. Techniques such as interpolation or imputation can be used for missing data.

AI 52

AI AI Machine Learning Machine Learning 52