Unsurprisingly, at A4E we are huge fans of all things data analytics. Data is all around and with a scientific approach you can extract a lot of insights that might be applied into real life decisions. And it is not just business. From science to public life, data analytics has pretty unexpected applications. Here are few of the most interesting fields of life where you can find its imprint.
Now-a-days huge amount of rough data is available. At the same time many businesses need of fast (real-time) decisions in order to survive and grow in the dynamic competitive environment.
To manage in time with such large dimensional problems automated (without human intervention) analytical solutions are needed. In many cases, like the two examples below, the data mining task and a subsequent decision making should be run as an automated workflow.
Data analytics is hot all around the world and Bulgaria is not exclusion. The small European country has its data analytics scene and it becomes more and more crowded with a bunch of interesting companies dedicated to big data and analytics insights.
It is not possible to live in the digital era with all the social media and to be unfamiliar with Banksy`s art. He is a graffiti artist with really impactful visuals touching political issues and the problems of our times as no one before. And his identity is still a mystery.
Mathematicians from the Queen Mary University of London analyzed 192 pieces created by the infamous street artist in London and Bristol via geographical profiling. They managed to point an address in Bristol, a pub, and few other addresses in London. The data scientists said that there is a high probability that Banksy lives or has lived there.
50% is the reduction of traffic violations in the city of Zagreb after the municipality installed video analytics (VA) solution. The local authorities have tripled their revenue from traffic violations utilizing such tool.