Data Mining is an older (and now allied) subset of machine learning and artificial intelligence that deals with large data sets. It uses pattern recognition technologies with statistical and mathematical techniques to forecast business trends and find useful patterns. “Data mining is also known as Knowledge Discovery in Data (KDD).” A component of data mining, […]
The Future of Analytics: What is All the Hype About?
Expert’s ears immediately perk up upon attending a talk about how to get big insights from analytics. After all, analytics has become the new hot topic of the day. However, asked Nipa Basu, during her keynote presentation The Future of Analytics at the DATAVERSITY Enterprise Analytics Online Conference: “What is the difference between hype and […]
How Artificial Intelligence Can Improve Diagnostic Health Care
Click to learn more about author Ahmer Inam. How might artificial intelligence (AI) help physicians diagnose medical conditions more effectively? This question grows more important each year. Approximately 400,000 hospitalized patients experience some type of preventable harm each year, costing the health care industry $20 billion, according to NCBI. Mistakes hurt everyone – first and foremost patients, […]
Rise of the Cyborgs: Using AI/ML to Enhance Human Intelligence (Part 1)
Click to learn more about author Assaf Egozi. Modern organizations house a growing number of “citizen data analysts.” These individuals hold a wide range of positions in the enterprise, from executive and business roles through to data, business, operations, marketing, and sales analyst roles. They work across a wide range of functions, striving to improve insights into […]
Data Science and AI Use Cases
A business use case is generally defined as a sequence of business actions that lead to a predetermined, value-added outcome. Data Flair shares the Top 6 Data Science Use Cases slated to bring in another industrial revolution. From banking to transportation in the physical business world, and from social media to e-commerce on the digital business […]
How to Diagnose Your Organization’s Data Assets
Click to learn more about author Declan Owens. Before relying on analytics for all or part of your strategic decision-making, it’s critical to implement suitable processes to ensure that data flows smoothly through all business departments while preserving its quality, accessibility, usability, and security using these tips. For data assets to be fully profitable for […]
Machine Learning Transformed: Data Quality and Operational Necessities
Machine learning elicits mixed reactions. On the one hand, some consider machine learning a company’s new super power that has “swept enterprise technology, using mass amounts of data and algorithms to make predictions.” At the same time machine learning has been considered an overhyped fad and a panacea, failing to deliver. While both can be […]
Winning in 2021 with Cloud and AI Adoption and Digitizing Your Business to Thrive
Click to learn more about author Asha Saxena. The coronavirus pandemic has changed consumer behaviors, business models, and how people collaborate and work together. It has also accelerated the adoption of the digital economy to a level that is creating winners and losers in many industries. There are some macro trends that are emerging from […]
Google Cloud Platform vs. AWS: Is the Answer Obvious? Maybe Not
Click to learn more about author Jay Chapel. Google Cloud Platform vs. AWS: What’s the deal? A while back, we also asked the same question about Azure vs. AWS. After the release of the latest earnings reports a few weeks ago from AWS, Azure, and GCP, it’s clear that Microsoft is continuing to see growth, Amazon is […]
How to Leave Your BI Dashboards Behind and Discover Real Insights
Click to learn more about author Ajay Khanna. There is currently a massive insights gap caused by silos between business intelligence (BI) dashboards and machine learning (ML) and AI tools that is preventing organizations from capturing new business opportunities hidden in their data. According to a study from the Boston Consulting Group and MIT Sloan Management Review, […]