According to a new press release, KNIME, a software company focusing on user-friendly data handling, has introduced a new Software as a Service (SaaS) offering for its KNIME Community Hub. The KNIME Analytics Platform, an open-source tool, is already available for free, providing full functionality for analytics through an intuitive interface. The KNIME Community Hub […]
Implementing a Digital Transformation Strategy
A digital transformation strategy is a detailed roadmap for using digital processes to enhance business outcomes across different functions of an enterprise. Data and digital technologies drive this strategy. One thing to note is that the marketing function plays a critical role in shaping the broad business goals and objectives of any business. To gain […]
Data Science for All: How Open Source Levels the Playing Field in a Talent-Starved Market
Despite today’s data scientist talent shortage, organizations are not holding back from investing in Data Science initiatives. A recent survey produced by my company in collaboration with TechTarget’s Enterprise Strategy Group shows that most organizations understand how to overcome today’s talent shortage. 87% of respondents said that building Data Science skills across domains and lines of business departments is a […]
Webinar: Beyond the Hype – The Real Impact of AI on Business Intelligence
Download the slides here>> This webinar is sponsored by: About the Webinar Join us to learn how the user journey with BI can change for the better by integrating AI. We’ll take a look at the perspectives of both Analysts and Business Users, to understand where the practical application of AI can help in the […]
How to Become a Citizen Data Scientist
The job responsibilities of a citizen data scientist include dealing with new data, using automated tools to process big data, and creating additional models to gain additional insights. Their primary job is not to make predictions directly from big data, or develop prescriptive analytics, but to build models and use tools that accomplish those goals. […]
From Neural Networks to Transformers: The Evolution of Machine Learning
Foundation models like large language models (LLMs) are a vast and evolving subject, but how did we get here? To get to LLMs, there are several layers we need to peel back starting with the overarching topic of AI and machine learning. Machine learning is within AI and it’s simply the process of teaching computers to learn from and make decisions based on data…
2024 Predictions in AI and Natural Language Processing (NLP)
While we were right at the dawn of generative AI this time last year, we didn’t predict quite the profound impact and seismic shift it would create around the world with the introduction of ChatGPT. In our set of 2023 predictions, we did note the potential effect of LLMs, with research showing their ability to self-improve, […]
Three Myths About Generative AI in the Workplace – and How You Can Bust Them
In the past year or so, generative AI has received more media attention than any other type of technology. Up until this point, data science has been at the center of these innovation stories, and rightfully so: None of the next-generation technology tools can work without a strong data science program. As soon as generative […]
Four Perspectives on the Art of Data Analytics
As data science professionals, we are often viewed as people who draw conclusions based only on data and minimize other factors. This perception usually becomes contentious when the insights and evidence from the data are inconsistent with somebody else’s “hypothesis.” Or we are confused and maybe frustrated when “qualitative” analysis trumps quantitative analysis. The next time […]
Why Data Intelligence Is Imperative to Achieve a Clean Energy Future
We should be further along with the consumer adoption of renewable energy. Solar energy has long since emerged as the lowest cost per kWh power source, making it a key puzzle piece in our transition to clean energy. Added to that, the Inflation Reduction Act of 2022 was passed to significantly incentivize private investment into clean energy […]