Blog & News

Text on a dark background reads Mind the (data-driven) GAP
Barbora Fuksa

Building a Data Science and Analytics Competence in Banking

In the last five years of providing data science as a service to Europe’s largest banks, we have faced plenty of cases where banks were unprepared to work with their data. Unfortunately, this problem arises not only at…

A geometric red and white background with the text OPEN FOR BUSINESS and the Profinit logo featuring a stylized face mask within the letter O, symbolizing resilience during COVID-19.
Mirek Zoubek 

Profinit & COVID-19

We get often asked if we are open for business and how we deal with COVID-19 pandemic. This blogpost says ‘we are open for business’ and provides more details about the local situation, our projects and international business. The situation in the Czech…

Two scales are shown: one labeled CASE, the right NON CASE both with DATA letters. Text reads, Did you say Bayesian Networks?
Dominik Matula

Bayesian networks: From zero to working model

Over the years, we have often heard from our clients that black box machine learning solutions are unacceptable. In the previous article, we went over three key questions to ask…

Microsoft Ignite The Tour Prague: An Azure World
Petr Filas 

Microsoft Ignite The Tour Prague: An Azure World

This was the first year that Prague made the list of cities to host Microsoft Ignite The Tour. So, we couldn’t miss the opportunity to hear the latest news that Microsoft has for us. From the number and variety of attendees at the Prague Congress…

machine_learning_without_black_boxes_blog_post
Dominik Matula

Machine Learning Without Black Boxes

With the boost of computing power in past years, it has happened that almost anyone can run a sophisticated machine learning model, e.g. neural networks. And with modern frameworks such as Tensorflow, it is quite accessible and also popular to do everything with such…

Graphic showing the phrase Machine Learning in Finance alongside a 3D cube illustrating applications like customer segmentation in banking
Lukáš Dvořák

Customer Segmentation in Banking

Every company doing business in retail has been dealing with customer segmentation, and so have banking organizations trying to describe their client base effectively. Customer segmentation in banking is key to the success of marketing campaigns, product cross-selling and risk scoring. That’s why it’s…

text: data management and analytics in 2020
Barbora Fuksa

Tips for your Data Management and Analytics strategy in 2020

Are you working in the domains of data management and data analytics? Here are some strategical steps that you should include in your vision for 2020 and beyond: Make Machine Learning explainable Yes, we get it. Machine learning algorithms, neural networks,…

Digital abstract image showing floating black and gray cubes interconnected, symbolizing Personal Data Processing, with a PROFINIT logo.
Marek Sušický

Personal Data Processing: What Data Scientists Don’t Want to Hear

Up until just a few years ago, personal data protection was grossly undervalued. If a person was a bit protective of his data and wanted to do something like see the general terms and conditions with rules for personal data processing before signing a contract,…

Text on dark background: validity, value, visualisation representing the alternative Vs of Big data
Lukáš Dvořák

The alternative Vs of Big Data

Since Big Data technologies are becoming a common part of corporate infrastructures, IT departments are dealing with challenges concerning a successful adoption. However, the focus is frequently turning away from its essential purpose – responding to business needs effectively. This article offers an alternative…

Profinit and the Airport
Bohumír Zoubek

Profinit and the Airport

Have you flown anywhere in the last 15 years? If so, did you use the services of Prague’s largest airport? If you answered yes to both questions, that means you: Survived the flight Most probably used data from systems supplied and operated by Profinit Profinit…