Blog Industry: BFS
How to choose the best AI/ML platform for your business
Reading Time: 4 minutes Although according to a 2020 McKinsey study1, 50% of the companies surveyed had already adopted AI in at least one business function, the state of AI in 2023 according to a similar McKinsey study suggests that adoption rates have effectively plateaued over the last 3 years2.
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Leveraging Snowpark for Analytics workloads on Lumin
Reading Time: 3 minutes Decision Intelligence products help businesses make timely decisions that are accountable and actionable, with accurate inferences and recommendations. Decision Intelligence platforms need to offer key features that enable users to perform prescriptive, predictive, diagnostic, and descriptive analyses.
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Optimizing advertisement campaign outcomes with the Snowflake Data Cloud & Refract
Reading Time: 4 minutes Global advertisers utilize the concept of “Sales Lift” to estimate the increase in sales resulting from a specific advertisement, and to assess the effectiveness of their advertising efforts.
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Harnessing the power of Lumin and Streamlit in Snowflake: From Data Exploration, Visualization to Decision Intelligence
Reading Time: 4 minutes As a data enthusiast myself, I understand the importance of data exploration, visualization, and decision intelligence in today’s data driven world. That is why I am thrilled to share with you how Lumin and Streamlit can revolutionize your data analysis experience in Snowflake, the leading cloud-based data warehouse platform. So, fasten your seatbelts as we embark on a journey to harness the true power of Lumin and Streamlit to unlock the potential of your data.
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Revive Retail Sales With Fosfor Lumin + Snowflake + ServiceNow
Reading Time: 7 minutes There is no question that the COVID-19 pandemic has profoundly impacted the way traditional retailers or new-age eCommerce companies connect with and serve their customers—from capturing their attention online, to integrating service and delivery into a superlative customer experience.
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Market share and aisle share: Category analytics for CPG Industry
Reading Time: 5 minutes Consumer Packaged Goods (CPG) companies, rarely have visibility of their market, competitors, or selling patterns because they depend on retailers as their end-customer. The presence of retailers in the process of selling CPG products to end consumers creates the need for multiple varied data access for CPG companies.
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Technical debt in machine learning
Reading Time: 2 minutes Technical debt refers to the cost of any shortcuts or sub-optimal solutions taken in the development process that can result in difficulties and increased costs in future maintenance and software upgrades. The term “technical debt” was coined by Ward Cunningham in 1992.
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Generative AI – Accelerate ML operations using GPT
Reading Time: 4 minutes As Data Science and Machine Learning practitioners, we often face the challenge of finding solutions to complex problems. One powerful artificial intelligence platform that can help speed up the process is the use of Generative Pretrained Transformer 3 (GPT-3) language model.
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Boosting Decision Intelligence with Lumin on the AWS cloud
Reading Time: 2 minutes Data management and insight generation are the lifelines for any modern-day business. Today, many organizations struggle to manage their data efficiently. Unfortunately, the turnaround time from data to insights to decision to execution takes several days or weeks. This cycle delays efficient business insight generation, thereby incurring significant resource misuse.
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AI in a box: How Refract simplifies end-to-end machine learning
Reading Time: 3 minutes The modern tech world has become a data hub reliant on processing. Today, there is user data on everything from driving records to scroll speed on social media applications. As a result, there has been a considerable demand for methods to process this data, given that it holds hidden insights that can propel a company into the global stage quicker than ever before.
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