Data Science as a profit booster for small businesses

Data science or its alter egos – predictive analytics, machine learning or AI - can, if implemented correctly, offer an impressive ROI. Moreover, together with new technologies and products being developed, the data-driven approach becomes more accessible every day. Even medium and small businesses can now leverage the value of data science. In our experience, the proposition is even more rewarding for them than for large corporations. Why is that? What are some typical applications of data science for small companies? In the webinar we will talk about: · examples of business problems that can be solved using data science · how to get access to data science know-how · what resources, infrastructure and data are typically needed · how to start with a low-cost working solution and improve iteratively We will cover the step-by-step process of making data science a core element of a business, in a way that is comprehensible to everyone. Why is that? What are some typical applications of predictive analytics for small companies? In the webinar we will talk about: examples of business problems that can be solved using predictive analytics what infrastructure, data and tools are typically needed how to get buy-in of the key people how to make seemingly complex solutions look simple and understandable how to start with a low-cost working solution and improve iteratively the role of proprietary datasets and algorithms as a competitive advantage protection of IP connected to analytical solutions We will cover the step-by-step process of making data science a core element of a business, in a way that is comprehensible to everyone.