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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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ElegantJ BI Solution Included in August 4, 2017 Gartner ‘Other Vendors to Consider for Modern BI and Analytics’ Report

Elegant BI

ElegantJ BI, a leading vendor in Business Intelligence and Advanced Analytics solutions, is pleased to announce that it is listed for its suite in the Gartner ‘Other Vendors to Consider for Modern BI and Analytics’ report published August 4, 2017.

KPI 85
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What is KNN Classification and How Can This Analysis Help an Enterprise?

Elegant BI

What is the KNN Classification Algorithm? The KNN (K Nearest Neighbors) algorithm analyzes all available data points and classifies this data, then classifies new cases based on these established categories. In this article, we will discuss the KNN Classification method of analysis. About Smarten.

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Power Up Your Predictions with Plug n’ Play Predictive Analysis

Elegant BI

To be successful in business, every organization must find a way to accurately forecast and predict the future of its market, and its internal operations, and better understand the buying behavior of its customers and prospects. Why and how might an enterprise use Plug n’ Play Predictive Analysis? About Kartik Patel.

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What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Elegant BI

This dataset is suitable for the ARIMAX algorithm because there is more than one variable affecting the GDP – in other words, the dataset is multivariate. Let’s look at a business use case to illustrate the benefit of the ARIMAX Forecasting method. How Can ARIMAX Forecasting Be Used for Enterprise Analysis? About Smarten.

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

Elegant BI

The ARIMA algorithm would be a suitable method for forecasting analysis because the data exhibits non-stationarity, and trend. 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. About Smarten.