The last two years have been significant in the growth of Data Management technology, mainly because of the pandemic and associated factors. Almost overnight, large, medium, and small organizations located far and wide, suddenly realized the importance of online business models and hosted Data Management services. The coronavirus gave the final push to global enterprises […]
Data Science vs. Decision Science: A New Era Dawns
Data Science vs. Decision Science: Basic Descriptions In Data Science, a variety of advanced technologies like data mining, statistics, predictive analytics, AI, and machine learning are used in conjunction to deliver solutions for business problems. In Decision Science, analyzed data is “interpreted” to arrive at business decisions that meet specific objectives. So while Data Science […]
The Intersection of Self-Service Analytics and Machine Learning
The terms “self-service analytics” (SSA) and “machine learning” (ML) are frequently used interchangeably, but the concepts behind these terms are a world apart. In self-service analytics, specific tools are designed to aid the user in inputting data or interpreting results (output). On the other hand, a machine learning algorithm is a special software that has […]
Data Management vs. Data Science
The shift in the business perception of data has now catapulted Data Management into new heights. Data Science is a core component of Data Management now, but Data Management and Data Science are often seen as two different activities. Working among data analysts, data engineers, and DBAs, data scientists spend their time getting the data […]
Data Scientist vs. Data Engineer
The Background of Data Science Roles It was thought a few years ago that 2018 would amount a huge demand-supply gap in the Data Science market as supply would fail to keep pace with the rising demand for expert data scientists. However, the buzz from Gartner, which said more than 40 percent of Data Science […]
How to Become a Data Governance Lead
The Data Governance lead is responsible for the systems and rules used to ensure data is legal, well-organized, safe, accessible, and valuable. They are responsible for developing and communicating Data Governance policies. Because Data Governance covers a wide range of responsibilities, a variety of people are involved, and the Data Governance lead manages how they […]
How to Become a Data Scientist
Becoming a data scientist does not necessarily require a master’s degree. There is a significant shortage of data scientists, and some employers are comfortable hiring people who lack a degree, but have the experience needed. The majority of employed data scientists have a master’s degree, but over 25% do not. If you have the experience, […]
Fundamentals of Descriptive Analytics
In descriptive analytics, data aggregation, and data mining techniques are used to collect and review the historical data of a business to gauge the past performance. The most common example of descriptive analytics is the reports that a user gets from Google Analytics tools. A web server’s summarized performance reports may help the user analyze […]
The Fundamentals of Deep Reinforcement Learning
Reinforcement Learning (RL), a “niche” Machine Learning technique, has surfaced in the last five years. In context-based decision making, Reinforcement Learning helps the machine take action-provoking decision making through a trial-and-error approach to achieve the optimal algorithmic model for a situation. Furthermore, the machine is trained through a reward/penalty-based feedback mechanism, the goal of which […]
A Brief History of Deep Learning
Deep Learning, is a more evolved branch of machine learning, and uses layers of algorithms to process data, and imitate the thinking process, or to develop abstractions. It is often used to visually recognize objects and understand human speech. Information is passed through each layer, with the output of the previous layer providing input for […]