It’s an ESG World and We’re Just Living in it
The future of finance goes hand in hand with socially responsible investing, environmental stewardship, and corporate ethics. In order to stay competitive, Financial Services Institutions (FSI) are increasingly disclosing more information about their environmental, social, and corporate governance (ESG) performance. Hence the increasing importance of ESG ratings and ESG scores to investment managers and institutional...
Introducing the Databricks Web Terminal
Introduction We're excited to introduce the public preview of the Databricks Web Terminal in the 3.25 platform release. Any user with "Can Attach To" cluster permissions can now use the Web Terminal to interactively run Bash commands on the driver node of their cluster. The new Databricks web terminal provides a fully interactive shell that...
Improving Public Health Surveillance During COVID-19 with Data Analytics and AI
As the leader of the State and Local Government business at Databricks, I get to see what governments all over the U.S. are doing to address the Novel Coronavirus and COVID-19 crisis. I am continually inspired by the work of public servants as they go about their business to save lives and address this crisis....
%tensorboard – a new way to use TensorBoard on Databricks
Introduction With the Databricks Runtime 7.2 release, we are introducing a new magic command %tensorboard. This brings the interactive TensorBoard experience Jupyter notebook users expect to their Databricks notebooks. The %tensorboard command starts a TensorBoard server and embeds the TensorBoard user interface inside the Databricks notebook for data scientists and machine learning engineers to visualize...
Profit-Driven Retention Management with Machine Learning
Companies with the highest loyalty ratings and retention rates grew revenues 250% faster than their industry peers and delivered two to five times the shareholder returns over a 10 year period. Earning loyalty and getting the largest number of customers to stick around is something that is in the best interest of both a company...
Flagging at-risk subscribers for direct-to-consumer media services
“The biggest problem for streaming services is not so much getting new members, it's holding them. It's the churn factor.” Tom Rogers, Executive Chairman at WinView, Inc and former NBC Cable President on CNBC As more content owners monetize their content libraries through direct-to-consumer (D2C) streaming services, their biggest challenge isn’t getting new customers in...
On Demand Virtual Workshop: Predicting Churn to Improve Customer Retention
The proliferation of subscription models has increased across industries: from direct-to-consumer brands for shaving supplies and prepared meals to streaming media services, at-home fitness, auto insurance and even automobiles themselves. Consumers are flocking to these new offerings while moving away from long-term contracts, which for subscription-based businesses means they have to prove their value to...
Analyzing Customer Attrition in Subscription Models
Download the notebooks to demo the solution covered below The subscription model is experiencing a renaissance. Gone are the days of the penny music CD clubs, replaced by an ever-increasing assortment of digital streaming services delivering music, videos and more directly to consumers’ devices in exchange for a modest recurring fee. Today, 70% of US...
How to Extract Market Drivers at Scale Using Alternative Data
Watch the on-demand webinar Alternative Data Analytics with Python for a demonstration of the solution discussed in this blog and/or download the following notebooks to try it yourself. Stock Analysis - Plant-based Meat Historical Data GDELT News Source In Lakehouse Text Analytics on GDELT Alternative Data Time Series Foot Traffic Forecasting Introduction Why Alternative data...
A data-driven approach to Environmental, Social and Governance
The future of finance goes hand in hand with social responsibility, environmental stewardship and corporate ethics. In order to stay competitive, Financial Services Institutions (FSI) are increasingly disclosing more information about their environmental, social and governance (ESG) performance. By better understanding and quantifying the sustainability and societal impact of any investment in a company or...
