13 Oct 2020 Advanced Analytics Pills – Introduction

There has been a tremendous amount of growth in the field of Artificial Intelligence in recent years, and AI has already become a major game-changer for world corporations. It’s not necessary to have “cool” projects such as self-driving vehicles or assistive robots, when corporations can have AI enabled in their existing operational business processes to see tangible growth factors.

It is by no means an understatement to say that AI is going to change the landscape of how businesses go forward; we can already see tech giants like Facebook, Google, Amazon, etc. dominating the field and incorporating AI into their products and services, leading to massive growth in their business operations. The real advantage of these giants is data and resources.

Pragmatically speaking, most corporations do not need this huge volume of data for their business growth the way these giant corporations do; most corporates can measure the sufficiency and necessity aspects of their use cases in tandem with their data availability, and this should be enough to make a significant impact on their business processes.

The question of resources is a really challenging one: all our customers face this problem and have seen drastic impacts in terms of productivity, growth, etc. The field is new and demand is massive, but there is not enough talent to fill that gap. Here are the major challenges:

• Data Scientists require in-depth theoretical expertise in Mathematics and Statistics along with core computer engineering skills, which is a very rare combination nowadays.
• Finding talent with relevant domain expertise who can also accurately understand the nuances of the customer’s business operations is also very tricky.
• Due to the supply and demand abnormality the cost per resource is just too high for most corporates.
• Last but not least, the dynamicity of the space. The growth of tools, concepts and platforms in this space is very rapid, which requires constant up-skilling.

And eventually, when the time comes to get started, business decision-makers struggle with questions like: “where do I start”, “where do I focus”, “is there enough ROI”, “how does this fit into my existing operational process”, etc. All of these questions can take you down a rabbit-hole of confusion and unwanted expenses!

Here at ClearPeaks we have been close to data for more than two decades. We have seen the landscape change from the grass-roots level and have engaged with situations where every paradigm shift was a cause for panic for our customers. We prevailed in each of those situations and helped our customers build solutions that are high in quality and sustainable too. Tackling the current paradigm shift of getting onboard with any Advanced Analytics implementation has never been so easy. Our Pills can help you with all the data science nightmares you could possibly have!

Here are the highlights of what our Advanced Analytics Pills deliver:

• Simple solutions with big measurable business impacts.
• Enable corporates with the required escape velocity towards success.
• Fully integrated with your existing operational system.
• Helps you to understand the end-to-end lifecycle of a Machine Learning project.

Our Pills have three aspects:

• Business Understanding: A clarified business study to understand the operational challenges of a process and what kind of implementation is required to solve it.
• Deliverables: A clear set of deliverables in the form of ETL pipelines, integrated and deployed ML/AI models, documentations, etc. as part of the Pills implementation.
• Value Gain: An empirical evaluation guide to capture the value of the implementation.

The Advanced Analytics Pills also help you to understand our approach to delivering ML/AI solutions to our customers. This can help you to take decisions in choosing us as your implementation partner. Instead of sharing presentations and brochures we would like to show you how we really operate.
 

The onboarding process is equally simple:

And of course, we also understand that one template doesn’t fit everybody, so we also take care of the customizations that you need. ClearPeaks has numerous Pills across different business domains and functions, and the count keeps increasing.

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