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Author: Imarticus Learning

Supply chain online courses: Probabilistic forecasting and inventory optimization

Posted on by Imarticus Learning

Online courses are becoming more and more popular in our increasingly digital world. In 2022, the most in-demand supply chain online courses will be probabilistic forecasting and inventory optimization.

These courses will teach students to use modern technology to better predict future demand and stock levels. If you want to stay ahead of the competition, it is crucial to keep up with the latest trends in supply chain management!

What is probabilistic forecasting, and how can it help organizations improve inventory management practices?

Probabilistic forecasting is a method that uses probability to predict future events. You can use this type of forecasting to help organizations make better decisions about inventory levels and stock-outs.

Some benefits of probabilistic forecasting include:

  • Improved accuracy of forecasts
  • The ability to account for uncertainty
  • The ability to account for seasonality
  • The ability to use historical data to make predictions

Organizations looking to improve their inventory management practices can benefit from online supply chain courses that cover probabilistic forecasting. These courses can help organizations learn about the benefits of this type of forecasting and how to implement it in their own business. 

What is inventory optimization?

Inventory optimization ensures that a company’s inventory levels get aligned with its sales and production goals. It can involve anything from setting stocking levels to managing order frequency. In other words, it’s all about ensuring that a company has the right amount of inventory on hand at all times – not too much and not too little.

You can use several different methods to optimize inventory, but probabilistic forecasting is one of the most popular. This approach uses historical data and statistical models to predict future demand, which you can use to inform inventory decisions.

While it may sound complex, probabilistic forecasting is relatively straightforward – and it can be a very effective way to improve inventory management. If you’re looking to learn more about this approach, check out the best online courses in 2022. 

 Get started on your supply chain education today!

Discover Certificate Course in Supply Chain Management with Imarticus Learning

The supply chain management training online gives cutting-edge knowledge to those interested in taking the operations or supply chain analytics course. Students enrolled in this online supply chain management program will learn about Demand Planner, Data Scientist, and Supply Planter job titles.

Course Benefits For Learners:

  • We immerse students in relevant technologies and projects, such as six real-world projects that will give them a solid understanding of the sector to prepare them for a successful future in Supply Chain Management and Analytics.

  • Students who finish a supply chain management online course can prepare for highly sought-after professions such as Demand Planner or Data Scientist, which are in high demand among businesses today!

  • Students will learn to become data-centric and improve Supply Chain decision-making by utilizing the Python programming language.

Contact us through chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

Gamification in financial analyst certificate program online

Posted on by Imarticus Learning

Gamification is a term that is popular in various sectors like education, healthcare, manufacturing, and the financial sector. Firms that provide financial services are constantly looking for new upgrades that will help them maintain the economic conditions of the industry.

A term that financial analysts are becoming familiar with is Gamification. Many solid online finance courses have incorporated gamified financial modeling and financial targets into their syllabus so that analysts can help companies make the experience of clients more interactive. Let us understand what Gamification means and what effects it has in the financial services industry. 

What does Gamification mean?

Gamification is a mainly customer-centric program. Its main goal is to help the customers reach their financial goals by also engaging them emotionally. Gamification recruits gaming techniques that make the process of doing business more appealing and interactive. This process is being appreciated worldwide by all sectors, especially by the millennials.

The traditional financial firms have a different approach to their services which does not match the expectations of the customers. Gamification has come as a solution to bridge that gap. It helps the firms get a clear understanding of their customers’ needs and use that to design better, more efficient services. The new design models have several parameters like marketing, responsive customer service, product development, and most importantly, education. 

As businesses are evolving with growing technology, gamification in financial services has become relevant to this day and age. Not only shortly but also, in the long run, gamification is something that financial analysts will have to use to help their customers achieve their financial goals. 

Why does gamification have an increase in interest?

Over the years and the course of the development of companies, gamification has seen an increased interest among various sectors, especially the financial sectors that require technology and smart devices to maintain their customers.

Here is the reason for the increase in interest:

  • The world is becoming more interconnected which has opened a vast number of opportunities for companies to connect with their customers more effectively. Consumers are using their mobile devices excessively and this has turned out to be the best way to connect with them.

  • Gaming has reached a different level of popularity. The online gaming community has more than 800 million users from across the globe and it is minting money. The success of this industry has proved that if businesses plan to go ahead with gamification, the chances of success are high. 

How can a financial analyst use Gamification?

The job of a financial analyst is to study financial data and use it to make big business decisions for companies. The process of Gamification is of utmost importance in this area to get better data and results, and to understand consumer behavior. Gamification can be used to educate the customers about the company’s products and services. It is a top-notch program to acquire more customers and retain them. 

Conclusion 

Gamification is revolutionizing the education sector since everything is becoming online. Many people are opting for online courses that can be accessed from the comfort of their homes. Some courses can help you better understand gamification such as holistic financial modeling courses and financial analyst courses.

Gamification makes every technique interactive and fun and encourages everyone to learn. Professors, as well as students, want to learn how to use gamification combined with other courses. This has led to a better teacher-student relationship. The importance of gamification can also be easily noticed by end-users and customers in neo-banking applications, where our financial goals and status are gamified.

The future of work in the age of cryptocurrencies

Posted on by Imarticus Learning

The last few years have witnessed a fluctuating state of cryptocurrency across the globe, right from seeing an immediate rise with the meme currency ‘doge coin’ to downright plummeting around 50% from its recorded highs. The idea of cryptocurrency might seem too far for many, but it is here, growing as a household name, on its way to taking over traditional monetary exchange methods.

Rapid digitization is pushing the easy transaction agenda, and cryptocurrency ticks all the boxes for it. Participation by big market names is only leading it to gain more traction. But what exactly does the future hold for cryptocurrencies?

With analysts estimating a growth triple the size of the current crypto market, its inclusion in various sectors is being scrutinized. Although owning a complex state and framework, cryptocurrency’s popularity is rising, and future work processes are more than likely to experience its effect.

The explosive investment in crypto is a sign of its forthcoming involvement in the work sector as organizations are steadily riding the crypto bandwagon. With crypto delivering diverse ways to handle financial processes, at times better than the traditional banking systems, people are heavily inclined towards its active usage. 

Institutionalization of Crypto

The snowball effect surrounding crypto takes massive credit for its readily growing success as market figures like Elon Musk endorse digital currency usage. In addition, global digital transaction leader Paypal has stepped into the arena as well, allowing users to sell, buy and hold cryptocurrencies as a payment option. Following suit, Visa and Mastercard are looking forward to a crypto supporting framework as well, introducing customers to the newly opted concept of a transaction. 

Besides growing popularity, cryptocurrency estimates a successful future in the age of work, becoming a new source of transactions, with its diverse set of advantages. 

Advantages of Cryptocurrency 

The rise of remote working has created trouble dealing with employee payroll. In addition, issues with cross-border transactions have always been a matter of concern as exchange rates can be substantially huge and face numerous discrepancies. Besides exchange rates, banking charges are another hassle organizations often deal with.

The introduction of cryptocurrencies simplifies the process to a great extent with its public transaction and little-to-no processing fee or exchange rates. One doesn’t need to assess dozens of currencies if transactions occur through crypto; therefore, many organizations are looking forward to its acceptance in the workplace.

Drawbacks of Cryptocurrency

Crypto has its share of drawbacks as well, preventing it from experiencing an immediate rise in workspaces. The foremost hindrance to its growth is its complex framework. Although gaining popularity among the masses, crypto is still a mystery for common working people, unaware of digital trends. One of the most common criticisms cryptocurrencies face is holding no inherent value. 

Climate change is a rising concern among people, with individuals trying their best to inhibit carbon emissions. At a vulnerable time as such, usage of cryptocurrency can reap negative implications. Assimilation of crypto in the future image of work is expected to invite greater expenses on electricity associated with greater environmental impact. 

What’s the Verdict?

Regardless of inflicting harm or benefit, crypto has risen as one of the most popular digital currencies and will continue to do so in the future. As crypto has spread its wings and gained popularity among the masses, it is bound to be the future of work, with ease of transaction. Although the masses are skeptical about its use, the technology is slowly seeping into the work culture as organizations continue using it. 

People interested in educating themselves through a cryptocurrency course can explore Fintech Certificate Online for learning opportunities.

What are the 7 C’s of Credit?

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The Cs of credit is different aspects on which a bank or a lender judges if the borrower is reliable. There are 7 Cs and if the borrower meets the criteria, then they are eligible for credit. To ensure this, many companies hire professionals to conduct credit risk assessments. These professionals gain their expertise after completing credit risk management courses that prepare them to handle complex situations. 

Get to Know the 7 Cs of Credit

 

  • Cash Flow

 

Cash flow refers to how profitable a business is and if those profits can be presented to the bank. Steady cash flow requires a bookkeeping system that will help business owners provide the data to the bank. This will help to generate financial statements from the available data. To determine the condition of cash flow, it is important to understand cash flow calculation so that all data is accurate. 

 

  • Capacity

 

This is another important aspect of credit. It is necessary to know if a business owner is capable of running their company and if the team is functioning at full capacity or needs more members to get work done. The easiest way to determine that is by assessing how much work has been done in a year and if the business is operational without any issues. 

 

  • Commitment

 

It is necessary to evaluate one’s commitment to one’s business. There will be tough times but these can be overcome with proper strategies and business tactics. Business owners need to be invested in the growth of their company. 

 

  • Character

 

The character of the business owner is of utmost importance when it comes to getting credit. The bank takes into account if the person had taken any loans or credit before and if all payments have been done on time. With reliable references, the bank can easily judge a person’s character and will be more comfortable providing credit or giving a loan. 

 

  • Collateral

 

Before starting a business, every business owner needs to understand what collateral they can offer. The collateral can be business or personal, especially if it is property owned by themselves and not by a family member or acquaintance. 

 

  • Capital

 

Every business needs to have funds to function properly. Capital should not only be set aside for emergencies but also to improve the quality of business and the services provided, without having to compromise. 

 

  • Conditions

 

The conditions of the market or the industry can affect credit. If the industry is safe and the market is profitable, then the banks are more likely to approve loans. The conditions are also dependent upon the nature of the product or service. If a business has a product that will draw customers, profits are bound to increase. 

A credit analyst course with credit risk assessment will prepare students to tackle these 7 Cs. Imarticus Learning offers a Prodegree on credit risk and underwriting, and it is aimed at teaching students to conduct accurate financial analysis and manage loans in the current credit landscape. 

Why are credit risk and underwriting courses important? 

Now, many students may ask why a course in credit risk and underwriting is important. The answer is that every company needs to have such an assessment done and invests in credit managers to stay on top of the game. Therefore learning cash flow calculation, credit administration, and underwriting can lead to lucrative job offers. Credit risk and underwriting or CRU is a course with a curriculum that has been endorsed by industry experts and it comes with a mentorship program. These two aspects of the program help students develop specialized skills and gain industry experience. 

Imarticus Learning’s credit analyst course provides an industry certificate in collaboration with Moody’s Analytics. The live lectures with instructors are great for developing interactive skills. As a part of these credit risk management courses, Imarticus Learning offers 5 case studies where students are encouraged to use the latest trends in credit management and come up with solutions. Students are prepared for interviews. 

8 Ways An IIM Calcutta Executive Program Is Transforming The Careers Of Investment Banking Professionals

Posted on by Imarticus Learning

Are you a working finance professional seeking to advance your career in investment banking? Do you aspire to pursue a short-term course to develop your financial skills but are contemplating which one to choose? If yes, read this article to get valuable insights on one of the promising executive programs in investment banking that can optimize your career trajectory.

The need to pursue an Executive Program in Investment Banking

Investment banking and equity and debt capital markets are the fastest-growing finance sectors. However, the scarcity of the availability of qualified and competent professionals is causing a surge in demand for specialized courses, such as the Executive Program in Investment Management, in recent years. 

So, if you are an experienced investment banker aiming to take a course in your chosen field, then why not pursue it from one of the top-ranked institutes in India, the IIM Calcutta? The institute offers an Executive Program in Investment Management, a specialized course for finance professionals aspiring to accelerate their professional journey.

How enrolling in the IIM Calcutta Executive Program in Investment Management can transform your career –

The program provides all-inclusive learning on fundamental and advanced concepts in investment banking and equity and debt capital markets. The meticulously-curated curriculum provides extensive education in investment banking and global capital markets. 

Enriched pedagogy is the forte of this one-year online program. The avant-garde theory provides a deep understanding of the subjects. Exposure to real-world case studies, illustrations, and events in the financial market increases your practical knowledge. You get to work on a culmination project to learn the practical application of the concepts and get hands-on experience in the field.

The campus immersion facility permits you to attend classes on campus. You can interact with your peers and faculty to gain insights and share knowledge on diverse topics. It further helps in leveraging the learnings and experiences of others to uplift your career.

The program equips you with the domain knowledge and technical skills to help you outpace your competitors in the field. The prowess of your new abilities will help in your existing jobs and contribute to taking your career in investment banking to new heights.

It gives you a constructive platform to network with other competent and experienced professionals in the investment banking world. You get to engage with the industry leaders and build productive relations. 

On the successful completion of the program, you secure the IIM-C alumni status and bag the prestigious certification of the institute. It enriches your professional credentials and increases your employment and career advancement prospects in the banking and finance industry.

The program broadens the career scope for you to work as 

  • investment portfolio managers
  • financial advisors and consultants
  • securities sales and trading brokers
  • security market research analysts
  • financial market regulators

    It opens up placement opportunities for you in acclaimed companies like Genpact, KPMG, HSBC, Capgemini, and many other industry-leading firms.

All in all, The benefits of the learning outcomes compound over the years to help you build a thriving career in the finance field.

Get Yourself Enrolled!

Imarticus Learning and IIM-Calcutta have collaborated to offer a one-year course in investment banking and capital markets. If you hold a minimum of two years of investment banking work experience and scored a minimum of 50% marks in graduation or post-graduation, you are eligible!  

Enroll in the IIM Calcutta Executive Program in Investment Management and fulfill your aspirations of upgrading your financial management skills. The program will pave the way for future growth opportunities and expedite the progress of your career in investment banking.  

Have Queries? 

Contact us through our chat support or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad. We will be more than happy to help.

7 things to know before enrolling for an ethical hacking certification

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Do you want to get enrolled in certified ethical hacker training? Then there are certain things which you need to know about before getting enrolled in one.

These pointers will include the benefits of getting enrolled in a certified ethical hacker course and also why one should take up a cyber security analyst course. This will also help you to know the career options which an ethical hacker has or what is the field of work of a cyber security analyst and whether you will want to become one or not.

7 tips you can use before enrolling in an ethical hacking program

These are all you need to know before enrolling yourself in a certified ethical hacker course:

  1. You should always create a checklist of the topics that you need to study or you want to explore. According to your preference, you may choose topics such as firmware, malware, TCP handshake, social engineering, and so on. This will make you aware of the diversity of threats and what are the topics on which you specifically want to work on. What most people do is avoid submitting daily examinations. Well, this is a very integral part of any cyber security analyst course. If you are enrolling yourself in a course, make sure that you appear and submit the examinations regularly, as well.

  2. You can go for the free examination preparation resources which are available in the form of handbooks and video courses. They prove to be very helpful for any certified ethical hacker course that you want to be a part of.

  3. If you want to take up the self-study-only approach then you can go through the online stand-alone examinations related to certified ethical hacker courses that are offered by Imarticus and it will help you to build your confidence to take up the said course. You can see your interest and development there and then make up your mind about enrolling in one.

  4. Being an ethical hacker is a well-versed and in-demand profession in today’s fastest-growing and developing world. Everyone is aware of the fact that fraudulent activities and scams are very common in today’s time. So, whenever any organization wants to keep their data safe, they hire ethical hackers or cyber security analysts so that they may do the job at hand.

  5. The certified ethical hacking courses give you project-based training so that you may learn which project or which threat requires which kind of remedy. Hence, it provides you with specific project-based learning. You will know exactly what remedy to be furnished for what problem. In this way, you will be equipped in the field of cyber security.

  6. Cyber security analysts have an interesting job to do though. It can sound a bit different but the job at hand for the cyber security analysts can be very interesting. If they have a knack and if they get into the crime branch or cyber security branch of any State then they will receive jobs that will let them explore and learn about modern cybercrimes.

Therefore, these are the summarized and concise pointers that you should consider before enrolling yourself in any certified Ethical hacking course.

Conclusion

When we talk about certified ethical hacker courses, there is a lot in the market, but the cyber security analyst course by Imarticus will give you exclusive benefits with exclusive learnings. So, if you are looking for a certified ethical hacker course, then the cyber security course by Imarticus should be your go-to pick.

5 strategies to take on the competition with a content marketing certification

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Consider getting certification if you’re looking for ways to take your content marketing game up a notch. With a certificate, you’ll learn the latest strategies and techniques that will help you stand out from the competition. This blog post will discuss five strategies that can help you take on the competition with a content marketing certification in 2022!

Here are five strategies that can help you take on the competition with a content marketing certification in 2022!

Get an overview of content marketing certification.

The initial step is to understand what a content marketing certification is and the benefits it can offer you. A content marketing certification is a way to show that you are serious about your craft and that you have the skills to back up your claims.

There are many different types of content marketing certifications. Still, they all offer the same essential benefits: the ability to stay up-to-date with the latest trends and best practices, a competitive edge over your competition, and an increase in your knowledge and understanding of content marketing.

Determine the best type of content marketing certification for you.

There are many different content marketing certifications, so choosing the right one for you and your career goals is essential. A generalist certification might be a good option if you’re starting your content marketing career.

However, if you’re looking to specialize in a specific area of content marketing, then there are many specialized certifications that you can choose from. The important thing is to select a certificate to help you meet your goals. Once you’ve determined which type of content marketing certification is right for you, it’s time to start your research. 

Get a content marketing certification

One of the best means to stay ahead of the competition is to get a content marketing certification. With a certificate, you’ll be able to show employers that you have the skills and knowledge needed to succeed in the field. Plus, it can help you land a higher-paying job or get promoted at your current company.

Use data to your advantage

Data is one of the powerful tools for content marketing. By understanding your audience and what they want, you can create content that resonates with them and drives results. Plus, using data can help you track your progress and see what’s working (and what’s not).

Keep learning

The content marketing field is constantly changing, so you need to keep up with the latest trends and best practices. Attend conferences and webinars, read industry news and blogs, and listen to podcasts. 

So there you have it—five strategies to help you stay ahead of the competition with a content marketing certification. 

Discover a Career in Digital Marketing  with Imarticus Learning

Our digital marketing certification is a more hands-on approach to Digital Marketing lessons. The curriculum is more collaborative, emphasizing several capstone projects, job-ready skills, and guaranteed job interviews opportunities.

Course Benefits For Learners:

  • Case studies allow students to learn about Online Reputation Management techniques employed by large businesses to preserve their competitive edge by examining the experiences of actual clients. 
  • Students can now take advantage of the best digital marketing certification course, which provides an in-depth and comprehensive understanding of digital marketing concepts. 
  • Learners can now participate in an online, guided project to learn SEO fundamentals.

Understanding Natural Language Processing In A Few Minutes

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In the last few years, Natural Language Processing (NLP) has become the focus of Artificial Intelligence with the introduction of game-changing new applications and models. This article will also provide a brief on AI certification tests. So, keep reading to know more about the current rage.

Technically, Natural Language Processing (NLP) is the union of Artificial Intelligence (AI), Computer Science, and human language (Generally, English). It is the study through which you can teach computers how human beings inherently write, talk, and speak. 

Now that the technical definition is out there, what do we really mean by NLP, which forms an important part of AI and Machine Learning courses? 

Real-world Examples of NLP 

Without realizing it, you’ve come across NLP more often than you’d admit. The virtual assistants on your smartphones like Google Assistant and Siri are the most common examples of NLP. They carefully listen to what you say and process that information in a language intelligible to their systems. 

So, generally, NLP can be used for Voice Commands, Text-to-Speech, Chatbots, Search Engines, Language Translation, Sentiment Analysis, and Spelling Checks.

What is Natural Language Processing? 

Humans generally communicate with each other using natural language. Processing refers to the action of converting data into a form that can be easily understood by machines. Combining these two terms, we get Natural Language Processing which helps computers communicate with people in their natural language. 

How does NLP work? 

We use NLP software for pre-processing sentences in a natural language and structure that can be used for interpretation by machines. 

Must-know Terms in NLP 

Let us understand the most important concepts in NLP through the example of this sentence: “She doesn’t sing, but my son is a vocalist.”

  • Tokenization: In this process, a whole text is divided into tokens. A word tokenizer separates words, and the sentence tokenizer separates sentences. 

Example: Word-tokenize: “She”, “does”, “not”, “sing”, “but”, “my”, “son”, “is”, “a”, “vocalist”.

  • Stopwords: These words don’t add any meaning to the given sentence. The library “nltk.corpus” contains a list of stopwords. By importing this library, you can derive a sentence without stopwords. 

Example: Stopwords: “she”, “doesn’t”, “but”, “my”, “but”, “is”, “a”.

  • Part of Speech Tagging (POS Tagging): Here, the words are tagged based on the part of speech they represent. 

Example: 

  • She: Personal pronoun 
  • Does: Verb
  • Not: Negative particle 
  • Sing: Verb  
  • But: Conjunction
  • My: Possessive pronoun
  • Son: Noun
  • Is: Preposition
  • A: Article
  • Vocalist: Noun

  • Bag of Words: Once the sentence is cleaned, it’s converted into vectors (numerical representation) for feeding into the ML model. We do this using predefined python libraries.

  • Stemming: Here, the words are reduced to the root form. 

Example: In this sentence, only “does” is converted to “do.”

  • WordNet: This is the dictionary for English that is made for NLP. You can use it to find synonyms and antonyms.

  • Lemmatizer: It works similarly to stemming except for returning a word that makes sense. 

Example: 

  • Stemming: Vocalist – vocal
  • Lemmatizing: Vocalist – voice

Importance of NLP for AI Certification 

NLP is essential for AI as it makes human language legible for machines. This process helps in creating structured data for software performing text analytics, speech recognition, etc. 

About AI and Machine Learning Courses 

Imarticus Learning offers industry-ready AI Certification courses. To find out more, visit our centers in Mumbai, Pune, Jaipur, Delhi, Noida, Lucknow, Gurgaon, Chandigarh, Dubai, Patna, Bangalore, Chennai, and other places. 

Debate the usefulness of various tools in data analytics

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To perform data analysis, professionals use tools & software that ensure the best results. There are many of them in the market, but a few are on the top list for data analysts that need to be chosen wisely to extract the best benefit. 

This article discovers the best data analyst tools and highlights key features of each based on different types of analysis processes. But first, here’s a basic definition & introduction.

What Are Data Analyst Tools?

Data analyst tools are applications & software that data analysts develop & perform analytical processes to make better, informed business decisions while keeping costs low & profits high.

Top Tools Used by Data Analysts?

1.) Business Intelligence Tools

BI tools are the most represented means to perform data analysis. Specialized in business analytics, they prove beneficial for every data analyst to monitor, analyze, and report essential findings. Self-service, advanced SQL modes and predictive analytics make them easily adjustable to every level of knowledge without immense IT involvement. 

DATAPINE covers most requirements of beginners & advanced users.

Key Features:

Visual drag-&-drop interface

Powerful predictive analytics & interactive charts & dashboards

Intelligent alarms triggered for anomaly

2.) Statistical Analysis Tools

There exist multiple programming languages that make work easier & effective. With the expansion of languages, some rules and scenarios need special attention for statistical data analysis & modeling.

R PROGRAMMING is the most popular tool for data analysts.

Key Features:

An ecosystem of more than 10k packages & extensions for data analysis

Statistical analysis, modeling, & hypothesis testing

The active community of researchers, statisticians, & scientists

3.) General-Purpose Programming Languages

Programming languages help to resolve a variety of data problems. Tools like C#, Java, PHP, Julia, Ruby, and Python are many reliable solutions.

PYTHON is the most trusted tool.

Key Features:

Open-source solution with simple coding processes

Easy integration with other languages

Advanced analysis processes through ML & text mining

4.) SQL Consoles

SQL is a programming language used to manage data held in relational databases, effectively handling structured data for analysts. Highly popular in the data science community, these tools are used in various business cases & data scenarios. 

MYSQL WORKBENCH is the most popular one.

Key Features:

  • Unified visual tool for data modeling, administration, SQL development, backup, etc.
  • Instant access to the database via Object Browser
  • SQL Editor offers color syntax highlighting, reuse of SQL snippets, & execution history

5.) Unique Predictive Analytics Tools

Predictive analytics is an advanced technique to combines data mining, AI/ML, and predictive modeling to predict future events. It is an essential data analysis tool as it simplifies predictive analytics processes. 

SAS FORECASTING is an analysis software helpful for predictive analytics processes & helps analysts to predict future scenarios.

Key Features:

  • Automatic forecasting for entities or products, including hierarchical forecasting
  • Scalability & modeling to create an ensemble
  • An unlimited model repository including time-series & casual methods

Apart from the tools mentioned above, there are industry-specific analytics tools & data science platforms that assist professionals. A business analytics course can help you better understand what data analytics is!

Build a New-Age Career with Imarticus:

Imarticus Learning offers Data Science Courses, the most extensive, industry-approved experiential learning program ideal for Data Analysts. Industry experts have developed the programs to help students learn real-world applications of Data Science from scratch & build robust models to generate valuable business insights and predictions. Take a giant career leap with this analytics program.

For more details, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, and Gurgaon. 

7 reasons why you must technologize supply chain using advanced analytics and AI

Posted on by Imarticus Learning

The supply channels of the industry are experiencing a crucial moment in their existence and those responsible for this vital area for any business face the greatest challenge of their careers; managing an innumerable list of suppliers, information and communication flows, technologies, procedures, and levels of demand, as never before in the history of the global industry.

These supply networks have grown in complexity appreciably and have suffered the consequences of the global economic crisis with particular virulence. To help you understand the importance of technologizing the supply chain using advanced analytics and AI, we offer an SCM program where you can obtain a certification in supply chain management. 

Here are 7 reasons why you must consider technologizing the supply chain using advanced analytics and AI: 

  • Agility is key to success, more than ever. Designing supply chain network systems must work like a clock, and take advantage of new technologies, such as IoT, Blockchain, or Artificial Intelligence, to reach new levels of efficiency.

  • Advanced analytics is another alternative high impact in this world, taking into account the permanent state of evolution and change network provision of any business. Evaluating the best options, those that provide the greatest value and margin, and taking advantage of all the data at our disposal has an immediate positive consequence on the results. Thankfully, our professional certification in supply chain management explains how advanced analytics is beneficial for the supply chain management.

  • The information must be analyzed comprehensively and quickly, with the powerful support of the cloud. Large corporations are moving quickly so that their supply chains are aligned more with your customer strategy, and are connected more directly, accurately, and flexibly. But, above all, an “always ON” supply chain is sought that responds to commercial needs at all times.

  • The interconnection of all its links is crucial for the machinery to function and respond to the demanding market conditions. Analyzing that information has profound implications for B2B processes. For this reason, one of the fundamental attributes of this supplier ecosystem is its “resilience”, understood as the ability to anticipate and react immediately to any potential anomaly that could endanger it.

  • Staying safe from the unexpected requires intelligent use of multiple data sources, new, traditional, structured or not, of diverse typology, even in natural language, and easy to find or obscure to the provider. And all of them must be leveraged by certification in supply chain management.

  • You need expert staff and precisely the links in the supply chain have long suffered thinning plans that have reduced their workforce like never before. And when older veterans leave the organization, they will carry with them a lot of knowledge and experiences that have been treasured for decades, with the consequent brake on exhaustive analyzes that require intelligence to interpret the information.

  • Designing a supply chain network with full intelligence is capable of managing in real-time large amounts of structured and unstructured data from internal and external sources, including data sets that may previously have been difficult to reach. Precisely anticipating future demand and managing assets, inventory, and shipments in real-time improve the bottom line for any operator, requiring an optimized, near-automatic supply model.

The new forms of commerce that have fostered the Internet, the cloud or connected objects will only gain shape if they have the most efficient logistics processes, a modern supply chain that meets their high demands with a permanent journey to excellence. Professional certification in supply chain management offered by Imarticus can lead to a truly digital supply chain. 

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