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What is the KMeans Clustering Algorithm and How Does an Enterprise Use it to Analyze Data?

Elegant BI

This article provides a brief explanation of the KMeans Clustering algorithm. What is the KMeans Clustering algorithm? Once the algorithm has been run and the groups are defined, any new data can be easily assigned to the correct group. How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data?

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What is the Multinomial-Logistic Regression Classification Algorithm and How Does One Use it for Analysis?

Elegant BI

This article provides a brief definition of the multinomial-logistic regression classification algorithm and its uses and benefits. What is the Multinomial-Logistic Regression Classification Algorithm? How Does One Use the Multinomial-Logistic Regression Classification Algorithm? About Smarten.

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6 generative AI hazards IT leaders should avoid

CIO

They list several scenarios to avoid — political campaigns and highly sensitive events where use or misuse could be consequential to life opportunities or legal status — and others to be cautious about, such as high stakes areas in healthcare, education, finance and legal. He does see opportunities, though, to use GenAI as a sidekick. “It

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What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

Elegant BI

This article provides a brief explanation of the ARIMA method of analytical forecasting. The ARIMA algorithm would be a suitable method for forecasting analysis because the data exhibits non-stationarity, and trend. What is ARIMA Forecasting? Let’s look at an example of a monthly analysis of monthly index values.

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What is SVM Classification Analysis and How Can It Benefit Business Analytics?

Elegant BI

This article provides a brief explanation of the SVM Classification method of analytics. All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists. What is SVM Classification Analysis?

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How Generative AI is Transforming Go-to-Market

Zoominfo

Given that the Internet is the single largest repository of human knowledge ever conceived, it’s hardly surprising that the Internet is a crucial tool for computer scientists developing generative AI systems, or that many generative AI tools have been developed using online datasets.

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What is FP Growth Analysis and How Can a Business Use Frequent Pattern Mining to Analyze Data?

Elegant BI

This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. What is the FP Growth Algorithm? Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions.