Predictive Business Articles

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Open Source Predictive Dialer ? the Best Solution to Manage Outbound Calls
Call management is the biggest problem in every organization. There are so many calls made on a daily basis and they can be either inbound or outbound. People call others in various departments of the same organization, or even to external agents like clients or customers. Whatever the need may be, it becomes necessary to manage all these calls, in the most effective manner and control the cost as well. The situation becomes more prominent in the case of call centers, where making and receiving phone calls are the most important processes. Millions of phone calls are placed/ received in a call...

How to Use Anomaly Detection in Predictive Maintenance
Most of the data science so far had been achieved working in comfortable armchairs; a goal is defined, a target class is selected, a model is trained to recognize/predict the target. This has all changed for another vertical called anomaly detection that has wide implications for the predictive maintenance of systems in industrial units. Big data anomaly detection challenges to shift to never-seen-before productive data.Anomaly detection in a system is often misunderstood in the data parlance. It typically not a programming error or a bug but an event that is not part of the system, in other...

NONDESTRUCTIVE INSPECTION AND PREDICTIVE MAINTENANCE PLANS
When it comes to your high-pressure water systems, the only thing worse that unscheduled downtime is extended unscheduled downtime. If the components of your system are old and are subjected to thousands of pressure cycles per day, fatigue failure of one or more of the valve components will eventually happen due to cyclic loading. Most equipment manufacturers take the cyclic loading of pipe testing into account and design systems which are durable and built to withstand millions of cycles before any chance of fatigue cracking would occur. That being said, most operators are not implem...

Predictive Modelinga Growing Big Data or Analytics Application in Pharmaceutical
As the burden of chronic and fatal maladies remains a persistent challenge in pharmaceutical industry, adoption of big data and analytics has been at the forefront of recent developments changing the pharmaceuticals landscape. R&D in novel therapeutics, backed by voluminous medical data generated across the globe further leverage adoption of big data and analytics in pharmaceutical industry. A recent business intelligence report titled, 'Pharmaceuticals: Drifting towards Big Data & Analytics - Drivers, challenges and technology developments' included in the online repository of Ma...

Use Predictive Text Analytics: Improve Contact Center Customer Experience
If you’re approaching your retirement years and thinking of moving to The Sunshine State, then you must have probably started to look for properties—at least online. The good news is that you don’t have to necessarily be a multimillionaire to move to this part of the country. There are affordable retirement communities in Florida that provide top notch amenities to everything you can want at a price you can comfortably afford. Here are some tips on finding vibrant senior communities that tick all the boxes not only in terms of affordability, but also in terms of construction ...

6 Top Benefits of A Cloud Based Platform for Call Centers
Due to its cost-effective nature, cloud hosted services and solutions have become extremely popular in call center industry. Small and medium businesses which need to operate with limited capital and resources look more inclined to such solutions and services. The reason behind this is a range of attractive features and solutions offered by the cloud which include dynamic scripting, lead management, real-time reporting, call blasting, call forwarding, call conferencing, etc. These solutions are highly conducive to call center environments without incurring hefty costs.Here are a few benefi...

ShiftPixy revenue up 51% in fiscal Q1, but net loss edges higher
ShiftPixy Inc. (NASDAQ: PIXY) — which earlier this month announced the sales of its PEO business — reported revenue rose 50.8% in its fiscal first quarter ended Nov. 30, according to a filing on Tuesday with the US Securities and Exchange Commission.The Irvine, California-based firm reported gross margin narrowed and net loss edged higher.(US$ thousands)Q1 2020Q1 2019% changeNet revenue,866,52050.8%Gross profit,314,386-2.1%Gross margin 20.9%32.2% Net loss(,556)(,246)nmShiftPixy’s P...

World Economic Forum launches ‘Reskilling Revolution’ with staffing firms, other
The World Economic Forum today announced the “Reskilling Revolution” initiative, which is aimed at reskilling a billion people around the globe by 2030. Companies taking part include The Adecco Group, ManpowerGroup, Infosys, LinkedIn, Coursera Inc. and Salesforce.It comes as 75 million jobs are expected to be displaced by automation and technological integration in the coming years.Reskilling Revolution is intended to serve as a platform for connecting and coordinating individual initiatives within specific countries, industries, organizations and schools, according to the Worl...

Staffing Firm Can Sue Buyer For Discrimination, Court Rules
The 5th US Circuit Court of Appeals ruled that a staffing firm could sue its client in a racial bias case, overturning a previous court ruling that the provider had no standing.Temporary agency White Glove Staffing Inc. had been in contract negotiations with Methodist Hospitals of Dallas and was asked to supply kitchen staff while negotiations were taking place. A Methodist representative allegedly told White Glove that the chef preferred Hispanics, according to court documents.The staffing firm sent Carolyn Clay, an African American, who worked in the kitchen as a prep cook May 19-21 and ...

Why Is Recruitment Metrics Tracking So Important?
Executive search firms are always searching for solutions that will change their game plan. The recruiters that have been in the game long enough know what the secret to their success is, and for the uninitiated, it is the recruitment metrics!Your recruiting sales are directly proportional to your success in hitting the target recruiting metrics. It does not matter how big your sales goal is, whether you are experienced or not, whether you need to get your first placement or to get that million-dollar deal; metrics are at the base of it all. There are a lot of statistic...

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