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Amazon vs. eBay: Who Dominates Australia’s Online Marketplace?
The Australian e-commerce market has witnessed transformative growth over the past decade. This blog will explore this rapidly evolving industry’s key trends, market dynamics, and future, mainly focusing on stakeholder analysis. Australian consumers are increasingly shifting their retail activities online. In 2023, 93% of online shoppers purchased from platforms like Amazon, eBay, Catch, and emerging…
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ML evaluation – Confusion Matrix
Machine Learnings are utilized when there’s a large amounts of data that needs to be processed and analyzed for particular usage, to analyze various patterns, make predictions based on the training data. In real life, we use machine learning across different sectors of industries, such as retails, E-commerce, education, entertainment to manufacturing. Moreover, it also…
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Case study- Bloomberg
<10 milestones> <Business model> Bloomberg’s business model primarily focuses on ‘The Bloomberg terminal.’ Bloomberg terminal provides financial market data, news, and analytics, mainly for finance professionals. It costs approximately $27660 per year per terminal, accounting for most of the company’s revenue, around 76.6% in 2018. Moreover, Bloomberg’s revenue model is primarily based on subscription fees…
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All about “Cybersecurity” – concepts and examples explained.
<What is cybersecurity?> As the word ‘cybersecurity’ may sound self-explanatory, it means maintaining security within ‘cyberspace.’ Hence, it is the proactive approach to protecting computer software systems and networks from threats. Its importance has rapidly increased over the past few years due to the advancement of cyberspace and data within data science. Many MNCs worldwide…
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What is ‘R’ language? – Key concept&Real life examples explained
If you are interested in the data science industry, you may have heard of Python, Java, or C. But R may sound relatively unfamiliar. In today’s blog, we will discover what R is and how efficiently it can be utilized across various fields of study. R is a programming language and software environment for statistical…
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Case study- Apple
<10 milestone> <Business model> Apple’s business model is built on a combination of premium hardware sales and an expanding ecosystem of services. Apple designs and sells high-end consumer electronics, including iPhones, iPads, Mac computers, Apple Watches, and accessories. These products are known for their sleek design, user-friendly interfaces, and seamless integration with Apple’s software and…
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How Netflix utilizes data science and became so popular
By leveraging data science to create a personalized and engaging user experience, Netflix has become a global streaming powerhouse. The company’s success is primarily attributed to its sophisticated recommendation system, which uses machine-learning algorithms to analyze vast amounts of user data and predict viewer preferences for customized user experiences. At the heart of Netflix’s data…
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Green technology case study- Apple and Google
Words like ‘sustainability’ and ‘green’ have been trending in recent years. Green technology, or clean tech or environmental technology, encompasses many innovations designed to reduce environmental impact, conserve resources, and promote sustainability. As the world becomes increasingly conscious about sustainability, green tech plays an increasingly crucial role in shaping a more sustainable future. < Google’s…
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The Great Fall: Decoding the CrowdStrike-Microsoft Outage of July 2024
On July 18, 2024, the digital world experienced a significant disruption known as “The Great Fall,” when a global outage affected millions of users and brought critical services to a standstill. The root cause of this widespread issue was traced back to a software update from the cybersecurity company CrowdStrike.The incident originated from a null…
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Types of Data Scientists
Data science has emerged as one of the most sought-after fields in recent years, with organizations across industries recognizing the value of data-driven decision-making. However, not all data scientists are cut from the same cloth. The term “data scientist” often conjures images of tech-savvy individuals working in Silicon Valley startups or significant tech companies. While…