Organizations are recognizing that data can be a powerful business asset, and are investing in data analytics to provide this valuable tool. According to research, more than 95% of all organizations today incorporate data initiatives into their business strategies. However, most businesses falter when it comes to effective and efficient uses of data. Descriptive analytics, the most […]
2023 Predictions: Breakthroughs Incoming for AI and Data Science
Surprising though it may sound, most AI business applications remain rudimentary. Some industry spectators believe the market is flush with cutting-edge AI breakthroughs. But in truth, many providers mislabel rules-based tools – including robotic process automation (RPA) – as AI and ML. Seasoned DevOps teams and software engineers know that RPA – although useful in […]
What to Expect from AI, Data Science, and Wearables in Health Care in 2023
AI and data science have remained areas of focus in the last year and will continue to be top of mind for many tech companies in the coming year. Wearables, especially those with health monitoring capabilities, have also grown abundant as medical and consumer companies alike ramp up their offerings in response to increased demand. […]
2023 Predictions for AI, Machine Learning, and NLP
It’s been an exciting year in AI, machine learning, and NLP, with text-to-image generators and large language models delivering some very impressive results and a lot of promise for the future – while noting all of the important caveats about their shortcomings including mitigating societal biases, the possibility of them being used to generate “fake […]
Business Use Cases Create Momentum for Citizen Data Scientists
As businesses plan for data democratization, it is essential to include a strategy to ensure that business users will accept augmented analytics solutions and adapt to the new citizen data scientist role. With business users on board, the enterprise can capitalize on its strategy and optimize return on investment (ROI) and total cost of ownership (TCO) […]
What to Look for When Hiring a Data Analyst
Data analysts are specialists in statistics, mathematics, and computer science, enabling them to serve in a variety of departments, including operations analysis, financial analysis, and marketing analysis. A data analyst interprets data to influence business strategy, permitting firms to make data-driven pricing, scheduling, and other operational choices. Why Hire a Data Analyst? As declining margins, increased commoditization, […]
Why Leveraging Unstructured Data and AI Will Be Key to Customer Success in 2023
Analysts like IDC and Deloitte estimate that up to 80% of the world’s data is unstructured text data, which makes getting valuable insights out of this type of data a huge challenge. Worse, customers can’t easily find the right answers to address their product and service-related questions that are hidden in large amounts of support documents. As a result, employees […]
Create a Thorough Plan and Training Strategy for Citizen Data Scientists
As a business owner, executive, or manager, you are likely aware of the term “citizen data scientists.” Perhaps you have even implemented this type of initiative in your organization. While business journals and industry and technology publications discuss the advantages of the citizen data scientist approach, many businesses fail to get the most out of […]
Data Science and Privacy: Defending Sensitive Data in the Age of Analytics
When big data began getting corporate attention in the late 2000s, the idea of data privacy was considered lavish and exotic. The public was less concerned about securing their data assets and was only fascinated by the fact that the interconnected digital world would change their lives forever. As we soon step into 2023, the […]
Interactive Bioactivity Prediction with Multitask Neural Networks
A CHEMBL-OG post, Multi-task neural network on ChEMBL with PyTorch 1.0 and RDKit, by Eloy, from way back in 2019 showed how to use data from ChEMBL to train a multitask neural network for bioactivity prediction – specifically to predict targets where a given molecule might be bioactive. Eloy has links to more info in his […]