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Publication date: 4 December 2020

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Application of Big Data and Business Analytics
Type: Book
ISBN: 978-1-80043-884-2

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Book part
Publication date: 4 December 2020

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Data Science and Analytics
Type: Book
ISBN: 978-1-80043-877-4

Book part
Publication date: 4 December 2020

Sneha Kumari, Vidya Kumbhar and K. K. Tripathy

The major component of agriculture production includes the type of seed, soil, climatic conditions, irrigation pattern, fertilizer, weed control, and technology used. Soil…

Abstract

The major component of agriculture production includes the type of seed, soil, climatic conditions, irrigation pattern, fertilizer, weed control, and technology used. Soil is one of the prime elements in modern times for agriculture. Soil is also one of the primary and important factors for crop production. The available soil nutrient status and external applications of fertilizers decide the growth of crop productivity (Annoymous, 2017). The upcoming research question that needs to be addressed is What is the application of soil data on soil health management for sustaining agriculture? Driven by the need, the aim of the present study is (a) to explore the soil parameters of a district, (b) compare the values with the standards, and (c) pave a way for mapping the crops with suitability of soil health. This study will not only be beneficial for the district to take appropriate steps to improve the soil health but also would help in understanding the causal relationship among soil health parameters, cropping pattern, and crop productivity.

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Application of Big Data and Business Analytics
Type: Book
ISBN: 978-1-80043-884-2

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Book part
Publication date: 4 December 2020

K.S.S. Iyer and Madhavi Damle

This chapter has been seminal work of Dr K.S.S. Iyer, which has taken time to develop, for over the last 56 years to be presented here. The method in advance predictive…

Abstract

This chapter has been seminal work of Dr K.S.S. Iyer, which has taken time to develop, for over the last 56 years to be presented here. The method in advance predictive analytics has developed, from his several other applications, in predictive modeling by using the stochastic point process technique. In the chapter on advance predictive analytics, Dr Iyer is collecting his approaches and generalizing it in this chapter. In this chapter, two of the techniques of stochastic point process known as Product Density and Random point process used in modelling problems in High energy particles and cancer, are redefined to suit problems currently in demand in IoT and customer equity in marketing (Iyer, Patil, & Chetlapalli, 2014b). This formulation arises from these techniques being used in different fields like energy requirement in Internet of Things (IoT) devices, growth of cancer cells, cosmic rays’ study, to customer equity and many more approaches.

Content available
Book part
Publication date: 4 December 2020

Abstract

Details

Data Science and Analytics
Type: Book
ISBN: 978-1-80043-877-4

Content available
Book part
Publication date: 4 December 2020

Abstract

Details

Application of Big Data and Business Analytics
Type: Book
ISBN: 978-1-80043-884-2

Book part
Publication date: 4 December 2020

Aarti Mehta Sharma

Analytics is the science of examining raw data with the purpose of drawing conclusions about that information and using it for decision-making. Before the formal written…

Abstract

Analytics is the science of examining raw data with the purpose of drawing conclusions about that information and using it for decision-making. Before the formal written language, there were pictures which shared ideas, plans, and history. Most of the knowledge that we have of our ancestors is from these pictures drawn on caves or monuments. In today’s world, visualizations in the form of bar charts, scatter plots, or dashboards are essential tools in business intelligence as they help managers to absorb information and take apt decisions quickly. Dashboards in particular are very helpful for managers as multiple charts and graphs giving the latest information about sales, returns, market share, etc. keep them up to date on the latest developments in the company. There are a number of visualization software in the market which are easy to learn and communicate the analyzed data in an easily understood form; the leading ones being Tableau, QlikView, etc. with each one having its positives. This chapter also looks at the pairing of visualization tools with different measurements of data.

Book part
Publication date: 4 December 2020

Gauri Rajendra Virkar and Supriya Sunil Shinde

Predictive analytics is the science of decision-making that eliminates guesswork out of the decision-making process and applies proven scientific procedures to find right…

Abstract

Predictive analytics is the science of decision-making that eliminates guesswork out of the decision-making process and applies proven scientific procedures to find right solutions. Predictive analytics provides ideas on the occurrences of future downtimes and rejections thereby aids in taking preventive actions before abnormalities occur. Considering these advantages, predictive analytics is adopted in various diverse fields such as health care, finance, education, marketing, automotive, etc. Predictive analytics tools can be used to predict various behaviors and patterns, thereby saving the time and money of its users. Many open-source predictive analysis tools namely R, scikit-learn, Konstanz Information Miner (KNIME), Orange, RapidMiner, Waikato Environment for Knowledge Analysis (WEKA), etc. are freely available for the users. This chapter aims to reveal the best accurate tools and techniques for the classification task that aid in decision-making. Our experimental results show that no specific tool provides the best results in all scenarios; rather it depends upon the datasets and the classifier.

Book part
Publication date: 4 December 2020

Nilisha Itankar, Yogesh Patil, Prakash Rao and Viraja Bhat

Heavy metals play a crucial role in the economic development of any nation. Industries utilizing heavy metals, consequently, emanate a large volume of metal-containing…

Abstract

Heavy metals play a crucial role in the economic development of any nation. Industries utilizing heavy metals, consequently, emanate a large volume of metal-containing liquid effluents. Since metals are non-renewable and finite resources, their judicious and sustainable use is the key. Hazardous metal-laden water poses threat to human health and ecology. Apart from metals, these industrial effluents also consist of toxic chemicals. Conventional physical–chemical techniques are not efficient enough as it consumes energy and are, therefore, not cost effective.

It is known that biomaterials namely microorganisms, plants, and agricultural biomass have the competence to bind metals, in some cases, selectively, from aqueous medium. This phenomenon is termed as “metal biosorption.” Biosorption has immense potential of becoming an effective alternative over conventional methods. The authors in the present chapter have used secondary data from their previous research work and attempted to develop few strategic models through their feasibility studies for metal sustainability.

Details

Application of Big Data and Business Analytics
Type: Book
ISBN: 978-1-80043-884-2

Keywords

Book part
Publication date: 4 December 2020

Tihana Škrinjarić

This chapter analyses potentials of including online search volume data in modeling the demand series of consumer products. Forecasting future demand for products of a…

Abstract

This chapter analyses potentials of including online search volume data in modeling the demand series of consumer products. Forecasting future demand for products of a company represents one of the important parts of planning and conducting business in general. Thus, the purpose of this chapter is twofold. The first purpose is to give a critical overview of the existing research on the topic of forecasting and nowcasting demand and consumption. The other purpose is to fill the gap in the literature by empirically comparing several approaches of modeling and forecasting demand and consumption on real data. Results of the empirical analysis show that including online search volume data can enhance modeling and forecasting of demand series, especially in times of economic downturns. Thus, it is advised to use such an approach in modeling of consumer demand in a business so that better business performance in terms of profits could be obtained.

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