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Data Analytics News
Pymnts
2w
293
Image Credit: Pymnts
‘Minority Report’ for Money: How Real-Time Data and Payments Transform Liquidity Performance
- Real-time data and faster payments are transforming liquidity management, allowing finance professionals to proactively monitor and manage financial stability.
- The confluence of real-time payments and real-time financial data provides unprecedented ability to analyze and anticipate future financial risks.
- Real-time data and faster payment capabilities enable treasurers to optimize cash positions and make faster, more accurate financial decisions.
- The integration of real-time data and faster payments is redefining financial preparedness and becoming a competitive imperative for businesses.
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17 Likes
Medium
2w
51
Image Credit: Medium
Mastering Kaggle Medal Prediction with EDA and Machine Learning
- The project focuses on predicting the medal classification of Kaggle datasets using EDA and machine learning techniques.
- EDA and feature engineering were performed to analyze the dataset and improve its quality for modeling.
- Pre-processing techniques such as encoding categorical features and manual feature selection were applied.
- The Random Forest Classifier algorithm was chosen and evaluated based on performance metrics, demonstrating good accuracy in predicting medal categories.
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3 Likes
Hackernoon
2w
17
Image Credit: Hackernoon
For Effective A/B/n Testing, Try Running Them Simultaneously
- A/B testing is adopted as an essential method for measuring the impact of developed features.
- Three basic approaches for running multiple tests are running sequentially, separating test audiences, and running both tests simultaneously.
- Interpreting the results of simultaneous A/B tests involves ensuring random distribution, sufficient sample size, and avoiding biased sampling.
- Running multiple tests simultaneously can bring efficiency to the planning process and enable analysis of interaction effects between tests.
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1 Like
Medium
2w
64
Image Credit: Medium
The Rise and Fall of Sony Walkman: A Perfect Product Lifecycle Story
- Sony introduced the Walkman in 1979, facing skepticism but ultimately capturing the public's imagination and becoming a cultural icon.
- During the 1990s, the Walkman experienced its golden age, expanding its product line and maintaining its premium position in the market.
- The arrival of digital music and MP3 players, particularly Apple's iPod, marked the decline of the traditional Walkman as Sony struggled to compete.
- While the cassette Walkman is no longer produced, Sony continues to keep the brand alive through high-end digital music players, adapting to changing market demands.
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3 Likes
Medium
2w
302
Image Credit: Medium
The Day I realized Data is a Product’s Love Language
- The author initially expected great results after the launch of their product, but the data showed otherwise.
- They realized that the problem wasn't with the product itself, but with the user experience.
- By analyzing the data and making necessary changes, such as simplifying the process and providing guided tours, they were able to improve user retention and engagement.
- The author learned that a product is never truly finished and that success lies in continuously listening to the data and making adjustments.
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18 Likes
Pymnts
2w
117
Image Credit: Pymnts
Knowify Integrates Construction Management Platform With Intuit Enterprise Suite
- Construction management platform Knowify has integrated with Intuit’s suite of financial products, Intuit Enterprise Suite.
- The integration allows construction businesses to manage operations, finances, and accounting across multiple entities using a single platform.
- Knowify has previously integrated with other Intuit solutions like QuickBooks Online, Payroll, and Payments.
- The integration with Intuit Enterprise Suite provides granular reporting and AI-powered analytics for better workforce and resource management.
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7 Likes
Pymnts
2w
1.7k
Image Credit: Pymnts
Apple’s CFO Transition Underscores Evolving Role of Back-Office Leadership
- Apple has announced a new CFO, Kevan Parekh, who replaces Luca Maestri.
- This transition highlights the evolving role of CFOs as they navigate a rapidly changing economic landscape driven by technological innovation, globalization, and stakeholder expectations.
- The CFO's role includes managing Apple's AI efforts and making strategic financial decisions to optimize global tax strategies and navigate currency volatility.
- CFOs across industries are increasingly focusing on financial agility, leveraging data analytics, and integrating AI tools to drive growth, agility, resilience, and operational efficiencies.
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4 Likes
Pymnts
2w
177
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Amex Exec Says Payment Tech Will Drive SMB Customer Loyalty
- Small- to medium-sized businesses (SMBs) need to adopt the right technology to ensure efficient front-end checkout experiences and back-end processes.
- Offering multiple payment options, including digital payments like mobile wallets and contactless payments, is crucial for SMBs to stay competitive and meet customer preferences.
- Flexible payment solutions like buy now, pay later (BNPL) and operational automation can enhance customer satisfaction and streamline processes for SMBs during busy periods.
- Understanding customer behavior through data-driven insights can help SMBs develop effective loyalty strategies and differentiate themselves in the market.
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10 Likes
Medium
2w
386
Image Credit: Medium
AI Code Assistant: Revolutionizing Software Development
- AI code assistants are intelligent tools designed to support programmers by automating repetitive tasks, suggesting code improvements, and even generating entire code snippets based on user input.
- Key Features of AI Code Assistants: 1) Code Generation, 2) Error Detection and Debugging, 3) Code Completion, 4) Documentation and Learning, 5) Collaboration.
- Benefits of Using AI Code Assistants: Time-Saving, Improved Code Quality, Accessibility, Cost-Efficiency.
- Challenges and Considerations: Accuracy, Dependency, Privacy and Security.
- The Future of AI Code Assistants: Expect more powerful features such as advanced project management capabilities, seamless integration with DevOps tools, and autonomous software creation.
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23 Likes
Medium
2w
78
Image Credit: Medium
How To Start Your Data Analyst Journey in 2025
- In 2025, the demand for skilled data analysts remains high in various industries.
- Data analysts play a crucial role in turning unstructured data into actionable insights.
- The responsibilities of a data analyst include data collection, analysis, visualization, and problem-solving.
- This profession offers great employment opportunities, competitive pay, and room for career growth.
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4 Likes
UX Design
2w
108
Image Credit: UX Design
Generative AI and the tetrad color harmony
- Exploring Generative AI Suggestions for a Tetrad Data Color Scheme.
- Generative AI systems can suggest tetrad color harmonies that pass color deficiency tests.
- Three chatbots reached a unanimous consensus on a set of four hues for the tetrad color harmony.
- Each GenAI tool noted slight differences in the color hex codes.
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6 Likes
Hackernoon
2w
383
Image Credit: Hackernoon
Unleash the Power of Interactive Data: Python & Plotly
- Data visualization transforms raw data into compelling narratives that unveil hidden patterns and insights that might otherwise go unnoticed.
- Plotly is a powerful Python library for creating interactive and visually appealing data visualizations, including charts and graphs.
- Plotly Express module simplifies plot creation by introducing diverse chart types, customizations, and interactive properties.
- Creating a scatter plot to visualize the relationship between GDP per capita and life expectancy across different countries and continents can be easily done.
- Dash is a Python framework designed for creating interactive web applications. It supports dynamic charts and graphs and requires no front-end expertise.
- Dash is an ideal tool for developing responsive dashboards for data visualization and sharing insights effectively.
- By combining Plotly's interactive capabilities with the flexibility of Python, you can create dynamic dashboards that empower users to explore data in new and exciting ways.
- The true power of visualization lies in its ability to reveal the unexpected, forcing us to question our assumptions and broaden our understanding of the world around us.
- Plotly enables you to communicate insights effectively, explore data more deeply, and create engaging presentations.
- By learning the art of interactive data visualization in Python and Plotly, you can effectively communicate your findings to any audience and become a more effective data analyst and communicator in our data-driven world.
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23 Likes
Pymnts
2w
331
Image Credit: Pymnts
Silo Busting: Why Businesses Must Fix the Past to Embrace the Future
- Operational silos hinder collaboration, decision-making, and visibility into operations.
- Breaking down silos is a continuous journey that requires commitment, collaboration, and innovation.
- Digital transformation in finance and payments requires integration of people, processes, and technology.
- Leveraging integrated data and adopting end-to-end payment platforms can break down silos and improve decision-making and customer experiences.
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19 Likes
Inkbotdesign
2w
104
Couponomics: How to Create a Coupon Marketing Strategy
- Couponomics is a strategic approach to draw in customers, boost brand loyalty, and even nudge those undecided shoppers to buy.
- Coupons psychologically influence consumers in different ways; they trigger happiness and excitement and ignite a sense of urgency when there are expiry dates.
- Discounts can be straightforward or instigate curiosity leading to impulse buys.
- BOGO strategies can create an inspiring shopping experience, great for introducing new products, or pulling in customers.
- Data-driven campaigns culminate in targeted offers by leveraging purchase histories, preferences, and browsing behavior, boosting customer engagement and enhancing the shopping experience.
- A/B testing helps in perfecting performance, optimizing offers, and data-driven decisions.
- Email marketing and newsletters are well-suited for personalised brand voice communication, tailored to each customer, and the recipient is likely to respond to it.
- Transparency, Fair practices, and avoiding negative consumer perceptions create a brand-leveraging coupon marketing campaign.
- In the future, technology and customer personalisation will play a significant role in the evolution and betterment of coupon marketing.
- Businesses adopting these strategies increase sales while fostering customer loyalty and trust. Consumers benefit from personalised coupons, creating a more engaging shopping experience.
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6 Likes
Pymnts
3w
428
Image Credit: Pymnts
Food Service Tech Firm PAR Acquires Delaget for $132 Million
- Food service technology company PAR Technology has acquired Delaget, a restaurant analytics provider, in a $132 million deal. The acquisition aims to enhance back-office capabilities, delivery operations, and data-driven insights for PAR's customers.
- Delaget, founded in 2001, serves over 125 brands including top restaurant concepts in North America. Its platform offers data analytics, loss prevention, and operational insights.
- PAR Technology's previous acquisitions of TASK Group and Stuzo Holdings expanded its food service technology offerings into convenience stores, fuel retailers, and international markets.
- The restaurant sector is experiencing a technological transformation with a focus on payment innovations, such as pay-at-the-table technology, driven by the demand for a better customer experience and increased security.
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25 Likes
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