Heuristics – is this just another buzzword? Why is it used so often when talking about optimization and what does it have to do with pizza? We explain what a heuristic is and how it works.

There are some buzzwords, that are used quiet often when it comes to analytics. In our new video about buzzwords in analytics, we explain what descriptive, diagnostic, prescriptive and predictive analytics actually are about.

Optimization and Machine Learning can enhance each other and demonstrate what their combined strength can achieve. A perfect example of this is linear regression. We show you how this works and what you can do with it in this episode.