India's largest platform for AI & Analytics leaders, professionals & aspirants

Sign in

India's largest platform for AI & Analytics leaders, professionals & aspirants
Become a Thought Leader
Become a 3AI Member

Sign in

3AI Digital Library

< Go Back

HPI (Home Price Index) Solution

Abdul August 17, 2020

A leading provider of property information

Problem Statement

  • Need to process 120 MM records to create HPI (Home Price Index) at different tiers
  • Existing HPI modeling was performed manually consuming enormous resources

Analytics Led Approach

  • Optimized and reoriented the business logic used for HPI modeling for 12 tiers and 5 geographies (National, State, CBSA, County and Zips)
  • Automated SAS macros and created a single driver to execute the whole HPI creation process

Business Impact

  • More than 50% reduction in turnaround time via automated execution of SAS macros for HPI creation
  • Increase in efficiency by minimizing the manual effort expended in execution

Critical Success Factors

  • Deep understanding of business logic for HPI creation
  • Expertise in handling data from various sources
  • Expertise in statistical modeling techniques and tools
  • Ability to transform the business logic into SAS macros

    3AI Trending Articles

  • Pandemic has “fundamentally accelerated” the process of digital transformation – Satya Nadella

    “What we were going to think about during 2030 is probably going to be true in 2025,” Nadella added. He was speaking at the Resurgence TiEcon Delhi-NCR summit. The pandemic has “fundamentally accelerated” the process of digital transformation across industries, and companies equipped with digital technology are going to be more resilient and be able […]

  • How Augmented Analytics is Transforming the Analytics Ecosystem

    Author:  Sidharth Sivasailam, Vice President – Products, Course5 Intelligence | LinkedIn – https://www.linkedin.com/in/sidharthsiva/ The world of Business Analytics is at an inflection point. Trillions of bytes of data are being generated every day; however, companies continue to struggle with harmonizing this data, analyzing the data of various shapes and sizes they are storing, determining what’s […]

  • IoT devices at risk from Amnesia:33

      A new series of vulnerabilities dubbed Amnesia:33 puts millions of IoT devices at risk of being compromised. Security researchers from Forescout disclosed the 33 vulnerabilities today. The flaws are found in four open-source TCP/IP libraries used in the firmware of products from over 150 vendors. According to the researchers’ estimates, millions of consumer and […]

  • Cybersecurity Challenges: Fourth Greatest Danger to Global Economy

    The 2021 World Economic Forum (WEF) Global Risk Report, used for over a decade by organizations around the world as a risk assessment tool, has named “cybersecurity challenges” as the fourth most pressing danger to the global economy. The ranking is determined by responses to a survey conducted among various stakeholders and organizations affiliated with […]