For software developers, the agile methodology is not a new concept – it’s been around for decades in one form or another. In 2001, a group of individuals wrote The Agile Manifesto, outlining 12 guiding principles for the agile methodology and cementing the practice in the industry. The agile team has had a huge impact on […]
Training a Machine Learning Model to Building a Predictive Web Application in Three Easy Steps
Do you remember when we took you through the nine circles of hell with parameter optimization and a cup of tea? We introduced a parameter optimization workflow that uses four different machine learning models, individually optimizes the hyperparameters, and picks the best combination of machine learning method and hyperparameters for the user. However, the usual data scientist journey […]
Five Tips for Telling a Compelling Data Story
Running a business is impossible without data. Data clarifies the facts, revealing insights that help everyone from top executives to front-line employees make better decisions. Nonetheless, it is as much an art as a science to make sense of data and use it to maximum effect. Information overload is one reason. The amount of data […]
Innovative Ways to Use Data Visualization
Data is an integral aspect of every organization across all industries. However, presenting data is a crucial exercise that requires a lot of creativity to ensure that every team member can grasp the meaning of the content. Many people get confused about how to find valuable insights from a large volume of data in a spreadsheet. That’s […]
Exploring Data Visualization in Three Steps
Data analytics has accompanied me for 15 years already. I started my career as a data analyst in a controlling department immediately following my graduation from the University of West Bohemia; I now work as a data scientist providing consultancy services for a range of different fields. The data analysis itself is the fun part. […]
Data Science: How to Shift Toward More Transparency in Statistical Practice
Data Science and statistics both benefit from transparency, openness to alternative interpretations of data, and acknowledging uncertainty. The adoption of transparency is further supported by important ethical considerations like communalism, universalism, disinterestedness, and organized skepticism. Promoting transparency is possible through seven statistical procedures: Data visualization Quantifying inferential uncertainty Assessment of data preprocessing choices Reporting multiple models Involving […]
Small and Medium-Sized Businesses Need Self-Serve Advanced Analytics
If your small or medium-sized business (SMB) is looking for ways to improve forecasting, problem-solving, and market opportunities, it must embrace self-service advanced analytics that allow business users to leverage their role, their knowledge of their business function, and their collaborative initiatives to gather, analyze, and share information and improve business results. According to Gartner, natural […]
Guide to Building a Data Strategy Framework
Your data strategy is only as good as the framework supporting it. If you don’t have a framework in the first place, you won’t have a strategy. This isn’t something that is necessarily complicated to plan out, but it can be confusing to know what exactly constitutes a good data foundation. With that in mind, below […]
10 Key Data Mining Challenges in NLP and Their Solutions
Even as we grow in our ability to extract vital information from big data, the scientific community still faces roadblocks that pose major data mining challenges. In this article, we will discuss 10 key issues that we face in modern data mining and their possible solutions. 1. Heterogeneous Data Data can be of low quality, […]
Data and Analytics: The Pandemic Lessons
Since the onset of the pandemic, when the world plunged into a state of suspended animation, “touchless business” has become more than a boardroom buzzword, a survival mechanism. Customer interactions have been digitized at a pace accelerated by three years, while enterprises’ speed of response to changes, such as increasing the use of technology in […]