Top Management College in Kolkata | PGDM College in India Praxis

Football forecasting, and other such mumbo jumbo

US-based video game developing giant EA Sports has now correctly predicted the winner of the FIFA World Cup the fourth time in a row. Coincidence or smart modelling? The good folk over at EA Sports do it by running thousands of simulations of the tournament games on its uber popular FIFA gaming franchise. But they’re […]

2023 – The Year of Edge AI

Edge AI use cases can help increase efficiency and reduce cost, making them a compelling place to focus new investments Supply chain challenges, labour shortages and economic uncertainty had companies re-evaluating their budgets for new technology. For many organizations, Artificial Intelligence (AI) is viewed as the solution to a lot of the uncertainty bringing improved […]

Decarbonizing the supply chain by getting to the ‘source’

New Accenture research finds it is now possible to identify the sourceof carbon emissions, enabling companies to take necessary actions Anything any company produces, in any part of the world, is most likely to have a natural resource component in it, that must be extracted from the planet – that is often the biggest source […]

The Fallacies of Forecasting

Economists have rather unceremoniously struggled with their forecasts. But can you really blame them? And in yet another rather dull revelation: economists have really struggled the past two years or so. Their forecasts have been all over the place, requiring constant revisions and almost never adequately hitting the mark. Truly, of all certainties, is this […]

Indian healthcare facing cyberattacks

The medical internet of things has made healthcare more convenient, efficient, and patient-focused but it is also a weak link to data security A few weeks ago, India’s top government-run hospital All India Institute of Medical Sciences (AIIMS) New Delhi, was hit by a massive cyberattack, forcing it to shut down many of its servers […]

PGDM in Business Analytics- Scope and Job Opportunity

In times of this disruptive technology upheaval, rightfully, data has become a prominent asset to a business enterprise mainly because of its endless uses and channel options. In the past years, various multinational companies have grown bigger because they can leverage data to their advantage. In simple words, Business Analytics means analyzing business data to […]

A 2023 Primer on Data Analytics

Part I: The types This is the first of an article series on where data analytics stands today and what to look forward to in the coming year Data analytics is essentially the application of quantitative technologies to data to find trends and solutions. As data volumes grow exponentially, data analytics allows organisations to analyse […]

Cybersecurity: Recession-proof?

Although the macroeconomic outlook for 2023 looks rather bleak, the cybersecurity industry has usually stood strong and resilient in spite of periods of uncertainty, and much of the same is expected into the next year as well Recessions are the playground for cybercriminals. Back during the Great Financial Crisis of 2007-08, the FBI noted a […]

Importance Of Data Science How It Powers Business

Professionals, who have the expertise to turn cutting-edge information into actionable insights, create Big Data. Professionals, who have the expertise to turn cutting-edge information into actionable insights, create Big Data. Today, more organizations open their doors to big data, thereby unlocking its power and increasing the value of the data scientists who are aware of […]

The Race to Climate Change Adaptation

The economic benefits of embracing climate change are clear – research from the Global Commission on Adaptation found that investing $1.8 trillion globally between 2020 and 2030 could reap net economic benefits of up to $7.1 trillion. Read on to know more: With the COP27 Conference recently drawing to a close, it is now becoming […]