ElegantJ BI

OCTOBER 17, 2018

Use Case – 1 Business Problem: A bank loans officer wants to predict if loan applicants will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installments, employment tenure, how many times has the applicant been delinquent, annual income, debt to income ratio etc.

Logistics 130

Logistics Banking Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

Use Case – 1 Business Problem: A bank loans officer wants to predict if loan applicants will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installments, employment tenure, how many times has the applicant been delinquent, annual income, debt to income ratio etc.

Logistics 130

Logistics Banking Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

Business Problem: A bank loans officer wants to predict if loan applicants will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installments, employment tenure, how many times has the applicant been delinquent, annual income, debt to income ratio etc. Use Case – 1.

Logistics 130

Logistics Banking Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Use Case – 1 Business Problem: A bank wants to group loan applicants into high/medium/low risk based on attributes such as loan amount, monthly installments, employment tenure, the number of times the applicant has been delinquent in other payments, annual income, debt to income ratio etc.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Use Case – 1 Business Problem: A bank wants to group loan applicants into high/medium/low risk based on attributes such as loan amount, monthly installments, employment tenure, the number of times the applicant has been delinquent in other payments, annual income, debt to income ratio etc.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Business Problem: A bank wants to group loan applicants into high/medium/low risk based on attributes such as loan amount, monthly installments, employment tenure, the number of times the applicant has been delinquent in other payments, annual income, debt to income ratio etc. Use Case – 2.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

KNN Classification analysis can be useful in evaluating many types of data. Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. Weather Prediction – Based on temperature, humidity, pressure etc.,

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

KNN Classification analysis can be useful in evaluating many types of data. Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. Weather Prediction – Based on temperature, humidity, pressure etc.,

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

KNN Classification analysis can be useful in evaluating many types of data. Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. Weather Prediction – Based on temperature, humidity, pressure etc., Use Case – 1.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 14, 2018

Business Problem: A bank marketing manager wishes to analyze which products are frequently and sequentially bought together. Business Benefit: Based on the rules generated, the organization can determine which banking products can be cross sold to each existing or prospective customer to drive sales and bank revenue.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Let’s look at two examples: Based on the historical data related to credit card payments, loan payments, delinquency rate, outstanding balance we want to classify/divide the customers into those who default and those who do not default. a bank needs to classify customers into those that will default and those that will not default.

Banking 130

Banking Retail Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Let’s look at two examples: Based on the historical data related to credit card payments, loan payments, delinquency rate, outstanding balance we want to classify/divide the customers into those who default and those who do not default. a bank needs to classify customers into those that will default and those that will not default.

Banking 130

Banking Retail Data Discovery Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Use Case – 1 Business Problem: A bank loan officer wants to predict if the loan applicant will default on a loan, based attributes such as Loan amount, monthly payment installments, employment tenure, number of times delinquent, annual income, debt to income ratio etc. How Can SVM Classification Analysis Benefit Business Analytics?

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Use Case – 1 Business Problem: A bank loan officer wants to predict if the loan applicant will default on a loan, based attributes such as Loan amount, monthly payment installments, employment tenure, number of times delinquent, annual income, debt to income ratio etc. How Can SVM Classification Analysis Benefit Business Analytics?

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Business Problem: A bank loan officer wants to predict if the loan applicant will default on a loan, based attributes such as Loan amount, monthly payment installments, employment tenure, number of times delinquent, annual income, debt to income ratio etc. How Can SVM Classification Analysis Benefit Business Analytics? Use Case – 1.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 14, 2018

Use Case – 2 Business Problem: A bank marketing manager wishes to analyze which products are frequently and sequentially bought together. Business Benefit: Based on the rules generated, the organization can determine which banking products can be cross sold to each existing or prospective customer to drive sales and bank revenue.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 14, 2018

Use Case – 2 Business Problem: A bank marketing manager wishes to analyze which products are frequently and sequentially bought together. Business Benefit: Based on the rules generated, the organization can determine which banking products can be cross sold to each existing or prospective customer to drive sales and bank revenue.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

Business Problem: A bank wants to find the correlation between income and credit card delinquency rate of credit card holders. Input Data: The delinquency rate of each credit card customer and the monthly income of each credit card customer. How Can the Karl Pearson Correlation Method Be Used to Target Enterprise Analytical Needs?

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

Business Problem: A bank wants to find the correlation between income and credit card delinquency rate of credit card holders. Input Data: The delinquency rate of each credit card customer and the monthly income of each credit card customer. How Can the Karl Pearson Correlation Method Be Used to Target Enterprise Analytical Needs?

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 17, 2018

Business Problem: A bank wants to find the correlation between income and credit card delinquency rate of credit card holders. Input Data: The delinquency rate of each credit card customer and the monthly income of each credit card customer. How Can the Karl Pearson Correlation Method Be Used to Target Enterprise Analytical Needs?

Data Discovery 130

Data Discovery Business Intelligence Business Intelligence Banking 130

ElegantJ BI

OCTOBER 18, 2018

Use Case – 2 Business Problem: A bank-marketing manager wishes to analyze which products are frequently and sequentially bought together. Business Benefit: Based on the rules generated, banking products can be cross-sold to each existing or prospective customer to drive sales and bank revenue.

Business Analysis 130

Business Analysis Business Analysis Banking Data Discovery 130

ElegantJ BI

OCTOBER 18, 2018

Use Case – 2 Business Problem: A bank-marketing manager wishes to analyze which products are frequently and sequentially bought together. Business Benefit: Based on the rules generated, banking products can be cross-sold to each existing or prospective customer to drive sales and bank revenue.

Business Analysis 130

Business Analysis Business Analysis Banking Data Discovery 130

ElegantJ BI

OCTOBER 18, 2018

Business Problem: A bank-marketing manager wishes to analyze which products are frequently and sequentially bought together. Business Benefit: Based on the rules generated, banking products can be cross-sold to each existing or prospective customer to drive sales and bank revenue. Use Case – 2.

Business Analysis 130

Business Analysis Business Analysis Banking Data Discovery 130

ElegantJ BI

OCTOBER 18, 2018

Use Case – 1 Business Problem: A bank loans officer wants to predict if a loan applicant will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installment, employment tenure, the number of times delinquent, annual income, debt to income ratio etc.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

Use Case – 1 Business Problem: A bank loans officer wants to predict if a loan applicant will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installment, employment tenure, the number of times delinquent, annual income, debt to income ratio etc.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

OCTOBER 18, 2018

Business Problem: A bank loans officer wants to predict if a loan applicant will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installment, employment tenure, the number of times delinquent, annual income, debt to income ratio etc. a business can predict the likelihood of fraud.

Banking 130

Banking Data Discovery Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 10, 2018

How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data? Loan applicants in a bank might be grouped as low, medium, and high risk applicants based on applicant age, annual income, employment tenure, loan amount, the number of times a payment is delinquent etc.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 10, 2018

How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data? Loan applicants in a bank might be grouped as low, medium, and high risk applicants based on applicant age, annual income, employment tenure, loan amount, the number of times a payment is delinquent etc.

Data Discovery 130

Data Discovery Banking Business Intelligence Business Intelligence 130

ElegantJ BI

AUGUST 10, 2018

How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data? Loan applicants in a bank might be grouped as low, medium, and high risk applicants based on applicant age, annual income, employment tenure, loan amount, the number of times a payment is delinquent etc.

Data Discovery 130

Data Discovery Business Intelligence Business Intelligence Banking 130

ElegantJ BI

OCTOBER 16, 2018

Finance – An organization might use this technique to Identify if demographic factors influence banking channel/product/service preference or selection of a type of term plan of an insurance etc. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.

Data Discovery 130

Data Discovery Retail Banking Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Finance – An organization might use this technique to Identify if demographic factors influence banking channel/product/service preference or selection of a type of term plan of an insurance etc. The Smarten approach to data discovery is designed as an augmented analytics solution to serve business users.

Data Discovery 130

Data Discovery Retail Banking Business Intelligence 130

ElegantJ BI

OCTOBER 16, 2018

Finance – An organization might use this technique to Identify if demographic factors influence banking channel/product/service preference or selection of a type of term plan of an insurance etc. How Can the Chi Square Test of Association Be Used for Business Analysis?

Data Discovery 130

Data Discovery Retail Business Intelligence Business Intelligence 130

The BAWorld

SEPTEMBER 22, 2021

Many of you must have an idea about Tableau being used for data visualization and to infer insights. TABLEAU revolutionized Business Intelligence and paved the way for intuitive Visual Data Analytics for everyone, regardless of their technical knowledge. Visual analytics combines data analytics and data visualization.

Data Visualization 52

Data Visualization Visualization Business Intelligence Business Intelligence 52

ElegantJ BI

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

Logistics 130

Logistics Data Discovery Predictive Analytics Business Intelligence 130

ElegantJ BI

JUNE 13, 2017

We have people who deal with banks, customers and systems. I remember years ago the union of the Communist Party of India in the Public Sector Banks in India went on strike against computerization. If you look at the shape of banking today, we can eventually look at only decision makers sitting at the front desk.

Banking 195

Banking Logistics Finance Planning 195

ElegantJ BI

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

Logistics 130

Logistics Data Discovery Business Analysis Business Analysis 130

ElegantJ BI

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

Logistics 130

Logistics Data Discovery Business Analysis Business Analysis 130