When done right, Data Science delivers a lot of measurable values like improved products and services, enhanced customer experiences, sales growth, new business developments channels, and overall business efficiency. However, according to most reliable industry publications, most Data Science projects fail because the Data Science best practices are not followed. Why Do Businesses Need Data […]
Semantic Technology Trends in 2022
Semantic technology trends are expanding well beyond an interesting, more advanced search engine. Besides providing scientists with a more functional search engine, semantic technology is now being used to improve artificial intelligence and machine learning. Semantic technology uses a variety of tools and methods designed to add “meaning” to a computer’s understanding of data. When […]
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 […]
Data Literacy Trends in 2022
Investing in leadership skills as well as data skills allows organizations can ensure that they can have decisive marketplace and intra-organizational impacts. The Chief Data Officer (CDO) role is only a few years old, and many organizations still don’t have a CDO. Data Literacy is an essential component to all of this. In a recent […]
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, […]
Working Towards Explainable AI
“The hardest thing to understand in the world is the income tax.” This quote comes from the man who came up with the theory of relativity – not exactly the easiest concept to understand. That said, had he lived a bit longer, Albert Einstein might have said “AI” instead of “income tax.” Einstein died in […]
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 […]