Discover the hidden costs of in-house web scraping
All You Need to Know About Text Mining
Text mining is a fairly new playground for those who have been recently initiated into the world of automation and data scraping. Text Mining is one of the most important ways of drawing insights from and processing unstructured data: which, in essence, is over 80% of the data available. Even though we live in a […]
Read MoreCOVID-19 Google Trends Analysis – PromptCloud’s New Study
Of everything going on, we took an interest in what people are most searching for on the google search engine while the coronavirus outbreak. We would agree that COVID-19, also known as coronavirus, has changed many lives drastically in some cases. Having to take responsibility for keeping yourself and the ones close safe and healthy, […]
Read MoreIs Your Organization Suffering From Data Fatigue?
In the world of finance, investment managers are always on the lookout for new sources of information which will provide a previously untapped source for creating Alpha. These very data sources are called Alternative Data or data fatigue. Data because, well, information. Alternative because they are above and beyond the typical company data sets. At […]
Read MoreWhat is Big Data – What’s So Big About It?
Everyone has been hearing enough about big data these days, so much to consume all the space on social media, articles, blogs (including this one) and to keep technical writers engaged. So here are some thoughts to justify all the hype. What Is Big Data? What exactly does it mean? Well, there’s no definition of […]
Read MoreSentiment Analysis of Blog Comment Data
Sentiment analysis is a technique that can break down and analyze comments on your blogs for opinion analysis: positive, negative, neutral, and beyond. Known as opinion mining in some worlds, it’s an extremely helpful mechanism that can work on truckloads of data to analyze the ‘sentiments’ behind all the statements made all across the web. […]
Read MoreData and The Competitive Edge it Gives Your Business
Gathering data in 2021 to get a better grip on your consumers (or any of the stakeholders) is not a difficult task. In fact, it has become so easy that you actually run a real danger of having too much data to deal with. Data champion Bernard Marr in an article says: “While the regular […]
Read MoreThe Importance of Data Normalisation
Companies have always used data to stay on the top. When businesses worked out of brick and mortar stores, most of this data crunching was offline since the datasets were smaller. As more companies have moved their businesses online (or at least parts of it), datasets have grown in sizes and now reach sizes up […]
Read MoreData Governance and Why Organizations Need It?
Data Governance includes people, processes, rules, regulations, policies, and standards that are required by a company to achieve its data-management goals. While the business team is usually in charge and helps create the processes required, the technology team helps automate these processes and breathe life into them. At a macro level, it is a part […]
Read MoreHow can You Become a Data-Driven Organization?
Data-driven organization seeks to optimize data and its repercussions in way of their daily decision making. They have a thorough process to turn raw numbers into actionable insights and actionable points into raw data again. This vicious circle is what drives these data-driven companies at every level. There is no real dearth of data. But […]
Read MoreWhat Is The Aim Of Factor Analysis Of Python
Python is one of the easiest and most user-friendly codes that can be written by coders. Factor analysis of python is one of the popular methods of discovering underlying factors and latent variables in data. What do I mean by latent variables? Let’s find out. Say we have a dataset with 6 variables- Age Weight […]
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