The Client is one of the largest Rural Fintech companies in India with more than 700,000 Rural Entrepreneurs and services to benefit 100 million consumers. The Client business is currently growing at 150% year over year with a transformative impact on digital, financial, and e-retail services across rural and semi-urban regions.
Predictive analytics may seem too complex for business users but with advanced technology like machine learning and features like assisted predictive modeling users can dive into the process without the skills of an IT professional or a data scientist. Assisted predictive modeling frees the user by providing system recommendations that will suggest the right analytical technique and achieve the best fit for what the user wants to do, ensuring that they use the most appropriate algorithm for the data they wish to analyze.
The Partner is based in India and offers an Audit, Compliance and Risk Management solution for banks, insurance companies and financial institutions. The comprehensive solution helps organizations to improve efficiency and effectiveness of audit department operations by standardizing organizational audit procedures to manage internal risks and compliance.
The focus of this article is on Data Democratization within the business enterprise, but the concepts and approaches involved in implementing this type of initiative are worth considering for any kind of major change within an organization.
When your enterprise turns to you to inhabit the Citizen Data Scientist role, it may (or may not) provide information on what that role is, why it is important for business users to transform into the role and exactly how the transformation will work. Online training programs, like the one mentioned in the closing lines of this article, provide information on the role, its purpose, how to collaborate with data scientists and IT, how augmented analytics solutions work and the types of analytical techniques you will be using.
This project was undertaken for a Smarten System Integrator Partner. The Smarten Partner is a leading system integrator for public and private sector organizations in India. This System Integrator (SI) has a wide network of consultants and technology experts through which they achieve and support a presence around the world, including the U.K., U.S. and India.
What do you have to know to be a Citizen Data Scientist? Who is the ideal candidate to be a Citizen Data Scientist? How does the whole Citizen Data Scientist thing work, anyway?
What Are the Benefits of Augmented Analytics? Where Do I Start?
Those who know me are probably tired of hearing me talk about the benefits of Augmented Analytics. To them, I say, ‘I am sorry’. I am about to talk about it yet again. The reason is simple. Most businesses are either considering the addition of augmented analytics to democratize data, improve data literacy and create Citizen Data Scientists OR they are still unconvinced and feel that they are just fine. Either way, your business professionals and managers can use a primer on the benefits of augmented analytics, whether it is used to support their decision or to convince the team that augmented analytics should be pursued!
My friend Sasha asked me about Predictive Analytics (knowing it was my favorite subject). Like most other business people, Sasha has a lot of professional knowledge but no exposure to analytics and the concept of Predictive Analytics is frightening and foreign to her. If your business team wants to up its game and get into predictive analytics, it really isn’t that hard. You can select an augmented analytics tool that allows your business users to leverage these features without a data science or business analyst background.
If you are a business owner or a business team member who has been asked to consider the Citizen Data Scientist role, you may be wondering how it all works and whether you (or your team member) can handle the new role.
