• Post Graduate Program for Agile Business Analyst
    4.5 out of 5 by 2187 Learners
    3X industry demand
  • Agile Business Analyst and Scrum Prodegree
    Co-created with SAP
    4.7 out of 5 by 3208 learners
    12 X industry demand
  • Full Stack Developer Certification Program
    4.7 out of 5 by 2031 learners
    13 X industry demand
  • Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    4.6 out of 5 by 1421 learners
    6X industry demand

Principal Component Analysis is a widely used data analysis technique that can identify patterns in large datasets. It has been applied to fields as diverse as astronomy, psychology and even marketing!

PCA in Python: Explained

PCA is a statistical technique that can reduce the dimensionality of data sets by transforming them into new sets of orthogonal (uncorrelated) variables called principal components or eigenvectors. PCA is a data analysis technique that reduces the dimensionality of data to reveal patterns. It’s an essential method in many fields, including machine learning, bioinformatics and statistical computing.

When to use PCA?

  • Whenever you need to ensure that variables in data are independent of each other.
  • When you need to reduce the number of variables in a data set with different variables in it.
  • When you need to interpret variable & data selection out of it.

Some Common Applications of Principal Component Analysis (PCA)

Principal Component Analysis performs well in identifying various influencing factors affecting results in particular areas. It can correlate factors associated with a candidate who might be winning/losing. In the election commission, the PCA technique is also used in many applications, different industries, & multiple fields. Some are discussed below:

  • Image compression: PCA can be employed in image compression and can resize the image as per the requirements while determining different patterns.
  • Customer profiling: Principal Component Analysis helps in Customer profiling based on demographics & their intellect in the purchase.
  • Research: PCA is a widely known technique widely used by researchers in different fields, especially food science.
  • Banking: It can also be used in banking for activities like filing applicants’ names for loans, credit cards, etc.
  • Maintaining Customer Perception towards brands.
  • Finance: PCA is used diversely in the field of Finance to analyze stocks quantitatively, forecast portfolio returns, and interest rate implantation.
  • Medical and Healthcare: PCA is also used in the Healthcare sector and related areas like patient insurance data. There are multiple sources of data with a vast number of variables correlated to each other. Probable resources are hospitals, pharmacies, etc.

To make a career in profiles associated with all these functions, a person needs to have a thorough knowledge of IoT and cloud computing. The best way to gain insights is to enrol into professional cloud DevOps engineering certification.

Learn and Grow with Imarticus Learning:

Enrol on the best Cloud, Blockchain and IoT Software Engineering Course at Imarticus Learning. The Certification in Software Engineering for Cloud, Blockchain and IoT program has been designed by industry leaders to provide the best learning outcome to aspiring Software Engineers. 

The extensive program helps students prepare for the new-age Software Engineer role specialising in Cloud, Blockchain and IoT. It is an opportunity to build a strong foundation of Software Engineering concepts & industry experts who will help you learn the practical implementation of Cloud, Blockchain and IoT through real-world projects. The course goes a long way to help unlock lucrative career opportunities in the field of Software Engineering. Here are some Course USPs of Certification in Software Engineering:

  • Uniquely designed by E&ICT Academy, IIT Guwahati & other industry leaders
  • Learn exactly what the job market demands. 
  • Get ready for the job roles you aspire. 
  • Learn Cloud, Blockchain and IoT application skills through multiple business projects.

Contact us through the Live Chat Support system or visit our training centres in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Leave a Reply

For Online Course Enquiries
About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
  • Post Graduate
    Post Graduate Program for Agile Business Analyst
    Course duration(6)
    Upcoming batches
    1
    Organizations enrolled
    20
    4.5 out of 5 by 2187 Learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    25th July BANGALORE-KORAMANGALA Weekend
    Date Location Schedule
  • Prodegree
    Agile Business Analyst and Scrum Prodegree
    Co-created with SAP
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 3208 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    30th-May ONLINE Weekend
    Date Location Schedule
  • CERTIFICATION
    Full Stack Developer Certification Program
    Course duration(weeks)
    15
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 2031 learners
    13 X industry demand
    Upcoming Batches
    Date Location Schedule
    None AHMEDABAD Weekday
    Date Location Schedule
  • Certification
    Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1421 learners
    6X industry demand
    Upcoming Batches
    Date Location Schedule
    27th November Live Instructor - Led Training Online
    Date Location Schedule