Anil  Sakhiya

Anil Sakhiya

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Practical Applications of Analytics | Real World Business Applications of Analytics | Great Learning

Analytics is the systematic approach to computational analysis of data and statistics and is used extensively to derive useful meaning, patterns and trends from huge amounts of data. Data analytics plays an extremely important role in almost every domain and has multitudes of applications in these domains and in this video, we understand the application of analytics in e-commerce and insurance.

Great Learning brings you this video on Practical applications of Analytics where we discuss the application of analytics in two popular domains, e-commerce and insurance. We start by understanding the e-commerce industry in India, then understand the application of analytics in the field of e-commerce with the help of a case study. Finally, we also look at how analytics is applied in the field of insurance in detail.

Topics covered in the video:

  • 00:00:00 - Intro
  • 00:01:10 - Ecommerce industry in India
  • 00:06:06 - Shopclues case-study
  • 00:26:50 - Model Building steps
  • 00:41:03 - Analytics in Insurance
  • 00:48:36 - Insurable Risk
  • 00:49:51 - Property and Casualty Insurance
  • 01:00:22 - Life Insurance
  • 01:13:13 - Insurance Company Architecture
  • 01:54:47 - Insurance Case study

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Practical Applications of Analytics | Real World Business Applications of Analytics | Great Learning