In today’s data-driven world, two data professional roles that play crucial roles are data engineers and data analysts. Both these professionals aid the process of extracting data-driven insights, but they possess distinct skill sets and responsibilities. Below are some key facts about educational backgrounds and job roles of the data engineer vs. data analyst, as well as the […]
Fundamentals of Hyperautomation
Hyperautomation describes a mixture of advanced technologies – robotics, artificial intelligence, machine learning – currently being used to make automated processes drastically more efficient and to augment humans. It encompasses a range of tools which can be automated, especially the more sophisticated aspects of automation, including analysis, discovery, design, measuring, monitoring, and reassessing. To function […]
Machine Learning Use Cases for Data Management
In 2023, machine learning (ML) is a powerful enabler for Data Management, revolutionizing the way organizations handle and analyze vast amounts of data. ML, a subset of artificial intelligence (AI), offers various approaches to tackle Data Management challenges. With the ever-increasing “volume, velocity, and variety of data” being generated today, traditional methods of Data Management have become […]
Fundamentals of Real-Time Analytics
In the evolving world of business, the emergence of new technologies is aiding organizations to make agile and accurate decisions. Real-time analytics – which involves collecting and analyzing data as it happens – is one such technology that is changing the business landscape. With superfast identification of trends and patterns, businesses can leverage real-time analytics […]
9 Benefits of Business Intelligence
Business intelligence (BI) refers to the process of collecting, analyzing, and interpreting business data to unlock business potential. In 2023, business intelligence plays a crucial role in the growth and success of global businesses, providing benefits that help them gain a competitive edge. BI tools assist business leaders in making data-driven decisions and provide them […]
A Brief History of Natural Language Processing
Natural language processing (NLP) helps computers understand and use human languages. In the early 1900s, a Swiss linguistics professor named Ferdinand de Saussure died, and in the process, almost deprived the world of the concept of “Language as a Science,” which eventually led to natural language processing. From 1906 to 1911, Professor Saussure offered three […]
Data Science vs. Machine Learning vs. AI
In the data economy, data is king. Today, any business – small, medium, or large – thrives on its data assets. The recent trend of offering data-driven insights as a service has opened up a profitable revenue channel for businesses. Cloud computing and hosted analytics have brought data-as-a-service to the desktops of ordinary business users, […]
How to Become a Business Intelligence Analyst
As with many buzzwords emerging from the intersection of business and technology, the phrase “business intelligence” (BI) is often misunderstood. In a nutshell, it refers to the skill and practice of extracting insights from data to realize new goals, strategies, trends, and values. A business intelligence analyst, working with a network of other knowledge workers (such […]
Are Data Scientists Needed in the Self-Service Analytics World?
As the world becomes increasingly data-driven, businesses are turning to self-service analytics to enable business users to perform their own data analysis tasks. In self-service analytics, business users can access and analyze data without assistance or support from IT personnel or data scientists. Direct access to ML-powered analytics platforms allows them to make better business […]
Fundamentals of Prescriptive Analytics
Prescriptive analytics uses historical data to find the best course of action for the future. In a way, prescriptive analytics combines elements from both descriptive and predictive analytics to arrive at actual solutions. The increased preoccupation with everything “data” is now a mainstream trend. The analytics market is expected to reach $190 billion in 2023, growing […]