Category: FORMCEPT

All the blogs published by FORMCEPT

Opinion Matters – Why Modern Businesses Need Powerful Analytics To Track Customer Opinions

Opinion Matters – Why Modern Businesses Need Powerful Analytics To Track Customer Opinions

Introduction: Is Customer Feedback Enough? The importance of feedback analysis in the success of a product or a service cannot be ignored. For most new-age businesses, feedback is a continuous process critical to keeping the offerings relevant to the customers. Until recently, the typical customer feedback mechanism on products and services was a single-click rating …

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Storage and Retrieval of Word Embeddings

Storage and Retrieval of Word Embeddings

Background As per Wikipedia, Word embedding is the collective name for a set of language modelling (click to know more) and feature learning techniques in natural language processing (NLP) (click to know more) where words or phrases from the vocabulary are mapped to vectors of real numbers. These days, it is one of the most popular choice …

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Analytics – the Game Changer in the Evolving Life Insurance Sector of India

Analytics – the Game Changer in the Evolving Life Insurance Sector of India

In our previous article, Transforming Indian Insurance Sector with Data Analytics Edge, we explored how the Indian insurance sector can transform its customer acquisition, customer retention and share of customer’s wallet by adopting advanced, actionable analytics. In this article, we will zero-in on one of the most competitive segments of the insurance sector – the …

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Is the Future of Indian Banking Dependent on Actionable Analytics?

Is the Future of Indian Banking Dependent on Actionable Analytics?

Introduction Growth Challenges to Indian Banking Sector With the current 26 public sector banks, 25 private sector banks, 43 foreign banks, 56 regional rural banks, 1,589 urban cooperative banks and 93,550 rural cooperative banks,1, India is poised to become world’s third largest domestic banking sector in the world by 20502. However, in the face of …

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Transforming Indian Insurance Sector with Data Analytics Edge

Transforming Indian Insurance Sector with Data Analytics Edge

Insurance Industry – A Late Adopter to Analytics With India’s insurable population projected to reach 750 mn1 in 2020, the insurance penetration still hovers below the world average (3.9% against global average of 6.3% in 20132). However, the woes of the industry are far more than just that. Lurking behind steep growth are burgeoning customer …

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Locality-Sensitive Hashing on Spark with Clojure/Flambo

Locality-Sensitive Hashing on Spark with Clojure/Flambo

Record Linkage is a process of finding similar entities in a Dataset. Using this technique one can implement systems like: Plagiarism Detectors – which are able identify fraudulent scientific papers or articles, Document Similarity – finding similar articles on the internet, Fingerprint Matching, etc. The possibilities are endless. But the topic which we are focusing …

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Unlock Insights to Boost User Experience Online

Unlock Insights to Boost User Experience Online

FORMCEPT has achieved pioneering position in extracting in-depth insights from piles of data. An interesting testimony to the degree of our influence in data analytics solutions space is our recent collaboration with ESPN Cricinfo to deliver a data analytics solution on our patent-pending platform that coincided with Cricket World Cup 2015. The solution for one …

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Nolan Scheduler

Nolan Scheduler

How often have you come across requirements that demand tasks to be performed repetitively at a defined interval? Yes, I am talking about a scheduler but a simple, yet powerful one that justifies its name- Just schedules. That is what Nolan Scheduler is all about. Kuldeep, a champion clojurist, wrote the library and it is …

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GDF Graph Loader for TinkerPop 2.x

GDF Graph Loader for TinkerPop 2.x

Recently, we came across .gdf files that are a CSV like format for Graphs primarily used by GUESS. Although GDF file format is supported by Gephi, it was still missing from TinkerPop, one of the widely used graph computing framework. Today, we are happy to release gdfpop, an open source implementation of GDF File Reader …

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Gen-next of resumes : From standard text to visual infographics

Gen-next of resumes : From standard text to visual infographics

Earlier this week, veteran HR executive, Lee E. Miller in his column for NJ.com, noted how visual resumes will dominate the next big wave in the recruitment industry. With recruiters starting to see more visual resumes, candidates are considering to traverse that path and catch the attention of recruiters by turning to infographics over textual …

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