Considering the Benefits of Open Source Tools

The term “open source” refers to software that is developed by an individual, group, or company and made available for use by anyone free of charge.  The reason the developer opens the use of the software to anyone at no cost is to harness improvements resulting from volunteer contributions. The …

AI vs Machine Learning: What’s the Difference?

Artificial intelligence, or “AI”, is a buzzword that has been around for decades… but what does it really mean? For most people, it can be hard to differentiate between the futuristic sounding AI and its less glamorous sounding counterpart, machine learning, sometimes called “ML”. AI vs Machine Learning: What’s the …

Using AI to Detect Data Anomalies

Business decision makers rarely crave more reams of data.  They really want well-defined, actionable insights from data that they can evaluate and consider for future actions. They also want confidence that they aren’t missing something critical in the data, either because the data is not being analyzed thoroughly or correctly, …

Comprehensive Retailer Analytics with Fulcrum RetailViewer

The retail industry by nature is dynamic, cyclically driven, and often reactive. It can be difficult for pricing managers to track the buying behavior trends of customers over time, especially when promotions are applied to certain products. Additionally, retailers often have a desire to quickly adapt to shifts in customer preferences, …

How to Optimize a Tech Startup

We had the pleasure to work with a startup company that, though rapidly growing, was at an impasse as to how to optimize their internal operational processes while quickly growing and focused on selling their product. The startup used a Fulcrum Data Science Acceleration Team (DSAT) to jump start their …

A Solution to Insurance Price Grading Challenges

With over 25 years of experience in price modeling, we’re deeply familiar with the in’s and out’s of the standard process of pricing insurance policy renewals. The issue is that very little has changed to streamline and optimize the process. Fulcrum Analytics now has a solution that will provide an …

Life as a Data Scientist at Fulcrum

In our previous article, “Modernizing Data Science in Today’s Business” published October 30, 2018, we explored the ways in which data science has become essential for thriving modern businesses. While that article focused on the steps a company should take to become more data-oriented and the benefits it can expect …