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How Data Science will help reduce churn rates in a telecom company

Traditional Business Intelligence systems have reached their limit Gone are those days when telecom companies used to have an easy ride and make money with little effort. Most markets are now becoming highly saturated and telecom companies today, are currently suffering from huge competition .A Telecom Company spends averagely above $100 to acquire a new subscriber. It is a huge loss when those subscribers leave the franchise to other competitors within a couple of months of their acquisition. The customer lifetime value is bound to drop significantly, as competitors en

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03 main benefits for companies with a Data Driven culture

90% of the data in the world today has been created in the last two years only. And the truth is, the amount of data generated by people and companies keep increasing exponentially every single day. We are now in the age of Big data where the speed, variety and complexity of data is only ever going to increase. A company can either chose to stay as an emotion driven culture (using gut feelings from a few leaders) or move towards a data driven culture. Emotion driven culture is ideal when the leaders are experts, company data is not available and the company’s data scien

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EMBRACE DATA SCIENCE TODAY AND MAKE YOUR BUSINESS LIFE EASIER

Data is the new oil… For those business owners and Top Management who still have not realized it, they need to be aware that not only have the Steam and Computer Industrial revolutions passed a long time ago, even the Digital Revolution is gone already.We are now in the Fourth Industrial revolution of Cloud computing, Artificial Intelligence and Data. You might not be aware but each day we consume products from data science and machine learning. After watching a video on you tube, you receive a recommendation for a similar video based on the previous video you watche

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04 Ways banks can leverage data science

As we go deeper into the fourth industrial revolution ,we see fintech and other digital solutions taking over traditional offline solutions. With all these transactions passing though the banks,there is a laot of data that banks already have that are currently under utilised.Many banks still collect and exploit data strictly to sataisfy regulatory requirements and produce reports requiredby the Central Bank or the government only. There is a lot of data science applications relevant to the banking industry.Below is a list of the top 4 opportunities banks can seize while

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5 Ways Data Science can help fight the Corona Virus

Over the past few months, the new Corona Virus (COVID-19) from China has become the topic of most global news now, present in more than 100 countries ,with over 92 000 reported cases worldwide, with new cases continuously being discovered daily.  The good news is fact that the lethal rate of the COVID-19 is very low (2% of infected people die) compared to SARS and MERS(60% of infected people die).So far the Corona Virus has claimed more than 4 000 lives. One of the major problem with the virus is the fact that its ease of transmission is relatively ver