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ARTICLES

Posted 22 December 2014 #Data Science

" Indian Analytics Sector - Driving decisions" Report by Nasscom"

With increased affordability & cost effective solutions in data generation, processing and consolidation, Data has now become the new oil for companies! Companies may find a competitive advantage by employing data insighng populist votes so much easier. 'Keywords', 'counters', ' Sentiments' ; These 3 golden words have made politics more interesting in recent times. Knowing what the masses connect with ( or rather don't connect with) and leveraging it to strategize is now the new world we live in. Good or bad, time will tell. But what I do like of this new world as of now is that its hard to grave the bad for too long!

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Posted 22 December 2014 #Data Science

" New age of Data Analytics driven Policy"

Social Media has evolved in the last few years as the most powerful tool to market ideas, discuss policies and express an opinion. And the interception of Social Media with cost-effective data processing has made garnering populist votes so much easier. 'Keywords', 'counters', ' Sentiments' ; These 3 golden words have made politics more interesting in recent times. Knowing what the masses connect with ( or rather don't connect with) and leveraging it to strategize is now the new world we live in. Good or bad, time will tell. But what I do like of this new world as of now is that its hard to grave the bad for too long!

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Posted 8 January 2018 #BlockChain

How Block Chain technology is being used in Insurance?

The essential push for adoption of blockchain is security, blockchain can be explained as a ledger that takes a list of records and puts them in a block, each block is chained to the next block using cryptography. This ledger is an open distributed ledger, where the data is the same across all nodes of the network and has an option of “insert” only and all inserts have to be approved by mass consensus . Thus records are recorded in a chronological order and not forgeable due to the combined requirements of consensus, cryptography and distributed network.

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Data is the new oil and at EconoLytics, we aim to make the mining easier and affordable for you. We are a purpose driven data analytics marketplace empowering businesses and professional data analysts around the world and help them both grow exponentially.

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