Towards mid-April 2020, the Bank of America reported that “its quarterly profits dropped by 45 per cent from a year ago,” as a result of the coronavirus pandemic, and “the amount of money BofA set aside for loan losses nearly quintupled from a year ago, from USD 1.01 billion to USD 4.76 billion.” [1] While many governments… Continue reading Pandemic Analytics in Banking and Financial Services Industry: Gauging the Economic Impact of COVID-19
Topic: Data Management
The Value of Analytics: Look Beyond the Price Tag
The definition of value in the dictionary refers to a noun form and a verb form, with two varied interpretations each: As a noun: The regard that something is held to deserve; the importance, worth, or usefulness of something. “your support is of great value” Principles or standards of behavior; one’s judgement of what is… Continue reading The Value of Analytics: Look Beyond the Price Tag
The 4As to Reinventing Retail and Supply Chain Systems in the New Normal: Part 1
Assess & Analyze how different businesses are dealing with pandemic disruption When coronavirus fears intensified around early March 2020, globally, consumers resorted to panic buying – the news was abuzz with the way people were stock-piling toilet paper rolls, sanitizers, and other essential products. However, in April, the trends changed again. Having stocked up, people… Continue reading The 4As to Reinventing Retail and Supply Chain Systems in the New Normal: Part 1
How Much of Data Science Can be Automated?
Introduction: Why should we hire a data scientist when we can just use one of the many AutoML tools on the market? What if we could have our own, personalized AutoML platform instead of one already on the market? These are among the questions that businesses encounter when toying with the idea of investing in… Continue reading How Much of Data Science Can be Automated?