Meet the team Cognira series We’ve all heard the saying coined by Francis Bacon, ‘knowledge is power.’ But is that saying actually true? As Eric Thomas brilliantly puts it, “Knowledge isn’t power, applied knowledge is power.” When we have the opportunity to not only grasp a concept but also apply
By Stephen Gardeen Principal Data Scientist at Cognira If we were to ask a retailer how much revenue they lose in lost sales per year, many would scratch their heads, or turn to unreliable data to crunch the numbers. The reason? They don’t have the proper tools to calculate it.
https://www.youtube.com/watch?v=jdaIK73ytzU It’s no secret that technology is becoming more advanced, effective, and personalized. But how does AI positively impact retailers? Here are 4 reasons why retailers should invest in AI! (and while you’re at it, check out our blog on the power of AI in retail)
Linda Whitaker VP of Science Delivery It’s no secret that advanced science technologies are becoming critical for business success (yep, even for retail). With the power of data science, retailers have the opportunity to enhance marketing strategies, operations, financial performance, and of course, stay ahead of the competition. However, despite
Analytics buzzwords are used every day. (Big data, ML/AI, deep learning ring a bell?) But before we dive into those, let’s start with the basics…what is #analytics and how has it progressed over time? In our latest blog, we take you through the analytics evolution – from descriptive to cognitive
Over the last decade, we have seen Data Analytics evolve at a tremendously fast pace. With the introduction of Big Data, the Cloud, Data Warehouses, and Artificial Intelligence, Data Analytics had to move with the times…fast. Despite analytics playing a key role in technology, many are unable to define and
While it may seem simple to hire Data Scientists, it is complicated to create a long-lasting successful team without first understanding a few major points. In this video, we take you through 3 important steps before you begin the hiring process: Have you seen our blog Creating A Successful Data Science
Linda Whitaker VP of Science Delivery Data Science has the power to positively impact retail companies due to its fact-based data-driven insights. Though successful Data Science teams are often associated with technology companies, many successful retail companies are utilizing Data Science daily to further drive their success and stay ahead
We love data. But we also know excess data can be a bad thing. Here are three ways we’ve seen retailers use data to their detriment and some ideas on how to avoid these pitfalls. Analyzing anecdotes One data challenge we’ve seen is people manually reviewing too much data anecdotally.
Overview Artificial intelligence and machine learning were a huge buzz at NRF, and it seemed like every other booth had some mention of it. The NRF program listed 132 exhibitors as “AI” providers in their guide. Are AI and machine learning truly that pervasive and are the much-hyped benefits real?
