You now often see "Machine Learning" appearing along with "Big Data", "AI" or "Internet of Things" in the discussion of the digital transformation of business.

Imagine you are placing an online order and see a recommended product that perfectly complements the item you are buying. You place the item into your cart, feel content with your online experience and how the brand was able to predict related items that were "just what you need" based on your web behavior. Or what about the heartbreaking feeling...

Greg Kinsey is an industry advisor and executive consultant leading the Hitachi Vantara Manufacturing Practice in EMEA. He and his team work primarily with European industrial companies to help them envision, plan, and execute digital transformations. In his own words, he helps companies become "more lean, more green, more agile, and more...

You now often see "Machine Learning" appearing along with "Big Data", "AI" or "Internet of Things" in the discussion of the digital transformation of business.

Imagine you are placing an online order and see a recommended product that perfectly complements the item you are buying. You place the item into your cart, feel content with your online experience and how the brand was able to predict related items that were "just what you need" based on your web behavior. Or what about the heartbreaking feeling...

Greg Kinsey is an industry advisor and executive consultant leading the Hitachi Vantara Manufacturing Practice in EMEA. He and his team work primarily with European industrial companies to help them envision, plan, and execute digital transformations. In his own words, he helps companies become "more lean, more green, more agile, and more...

What are Classification and Regression Trees (CART)?

Predictive analytics models in Minitab Statistical Software can be an incredibly valuable asset in all industries. Business value can be generated from predicting measures such as customer churn, patient length of stay, costs, risk, profits, and many other factors.

By giving its sales people training and experience using statistical tools, a global leader in the chemical industry created a powerful way to help prospects and customers understand the value of their products and services which, in turn, helped increase sales.

Every day, thousands of people visit their financial entity to withdraw extra cash for daily expenses. These individual transactions may be small, but when hundreds or thousands of those transactions are made at a branch every day, the total amount of cash dispensed can be a very high sum. But each branch's daily operations are limited by a fixed...

Definitive screening designs are resolution IV designs. In a resolution IV design, terms for main effects are not aliased with 2-way interactions. In definitive screening designs, 2-way interactions are usually partly confounded with each other and square terms, but you can still estimate some 2-way interactions. Square terms are not aliased with...

The first auto insurance policy was sold to Dr. Truman Martin of Buffalo, New York, in February 1898 by the Travelers Insurance Company. As someone who appreciates data, what stands out to me is that the first odometer patent for an automobile was issued in 1903, and it wouldn't be until the 1920s before odometers became a standard feature on...

Regardless of your company's improvement methodology - Lean, Six Sigma, or (often the case) a customized blend of methodologies best suited to your products and services, development and internal processes - Minitab Engage has the tools you need to execute projects efficiently.