The current global situation is enough to make anyone sink into a state of depression and helplessness. It has even happened to me, but for entirely different reasons than one would expect. Over the last month, more often than not, I have encountered very strong…
The traditional approach to quantifying credit risk in retail banking often relies on the most obvious variables such as annual/monthly income, employment length, employment title, etc. While these are still valid indicators for calculating…
As even the slowest thinkers of our current era have already recognized, social networks and related phenomena, defined in the broadest possible terms, are a great source of insight into human behaviour and preferences as well as a vital resource for data analysis and…
“Ahead through knowledge” isn’t our slogan just by chance. We are very well aware that the fruit of our work can only be as good as the people who do it, so we make sure the employees we hire have a quality education. And education definitely doesn’t end when someone gets a job. We have our own education system here at Profinit that we call Profinit Education.
Graduating students hope that they will create a new recommendation system or search ranking algorithm. In reality, they have to deal with missing data, scalability and integration issues. On top of that, they have to learn the company’s processes or build new ones. It…
Even though Hadoop is still a relatively new technology compared to established data warehouse products, it has found a way into many companies in recent years, where it plays an irreplaceable role in the processing and analysis of massive volumes of data. Apache Hadoop is…
Just like last year, we headed off to London for the QCon software conference again in 2020. QCon targets software architects, team leaders and senior developers. In addition to the technology and talks, an undeniable attraction is the venue in the Westminster area, located just…
The effectiveness of data science projects is one of the hottest topics in business intelligence nowadays. On the one hand, we are discussing the huge potential of artificial intelligence in executing sophisticated tasks for businesses. On the other hand, we see the harsh reality…
Some time ago we organized a workshop for one of our customers as an introduction to a less popular field called BI governance. It can be loosely defined as a system of internal processes for the operation and continuous development of data warehouses, such…
Financial accounting is an information system. This was true already many years (maybe centuries) before we came up with the term information system and started using it in connection with computer technology. Information because it processes data and gives its users useful information—for example, about…
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