Artificial Intelligence (AI) will be a strategic capability and competitive advantage, no doubt. Statistics speak to that point. According to AI startup advisor Steve Ardire during his presentation (co-presented with Mico Yuk) at the DATAVERSITY® Enterprise Data World Conference titled “Why Enterprise Organizations Use AI as a Strategic Capability and Competitive Advantage,”AI is expected to […]
Why AI Should Join Forces with Neuroscience
Click to learn more about author Biju Dominic. When AlphaGo made the 37th move in the second game of the famous match between AlphaGo and the leading Go player Lee Sedol, all the commentators of the match were shocked. It was a move no human player would ever think of making. In the thousand-year history of […]
Image Captioning: Generating Stories from Unstructured Data Using Applied NLG
Click here to learn more about Dr. Chintan Shah. Stories have been a proven medium for influencing, explaining, and teaching for ages. Stories provoke thought and bring out insights that are hard to decipher and understand otherwise. The art of storytelling is often overlooked in data-driven operations, and businesses fail to understand that the best […]
AIOps: How Businesses Adapted, and IT Departments Advanced, During the Pandemic
Click to learn more about author Robin Hernandez. Almost overnight, the pandemic exposed many of the weaknesses of IT departments in the modern business environment. CIOs and their teams were left scrambling to keep operations up and running with a socially distanced skeleton crew, while others faced significant security concerns due to the sudden shift […]
Building a Time Series Analysis Application
Click to learn more about author Maarit Widmann. A complete time series analysis application covers the steps in a Data Science cycle from accessing to transforming, modeling, evaluating, and deploying time series data. However, for time series data the specific tasks in these steps differ in comparison to cross-sectional data. For example, cross sectional data are […]
Citizen Data Scientists: Where Do They Belong?
The phenomenal growth of data technology in recent years has led to the rise of the citizen data scientists (CDS). Developments in augmented analytics and artificial intelligence (AI) automation have now made it possible for ordinary business employees to conduct advanced analytics or business intelligence (BI) which would have required expert knowledge even some years […]
The Importance of Data Science and Analytics in the Finance Industry
Click to learn more about author John Russell. It is estimated that by the end of 2020, there were approximately 40 zettabytes (40 trillion gigabytes) of data in the world. If it feels a bit difficult to wrap your head around that number, don’t worry – you are not alone! It is a truly staggering […]
The AI Trends Reshaping Health Care
Click to learn more about author Ben Lorica. Applications of AI in health care present a number of challenges and considerations that differ substantially from other industries. Despite this, it has also been one of the leaders in putting AI to work, taking advantage of the cutting-edge technology to improve care. The numbers speak for […]
Tales of A Common Vocabulary, Data Quality, and Machine Learning, Oh My!
Order in the court! Order in the court! The case being heard is a serious one. The defendant—the Chief Data Architect of VeraVisionFake Inc.—is accused of having ignored the need to establish a valid and sound common data vocabulary in her organization. She is up against The Common Vocabulary Value regulatory agency, whose mission is […]
A Look Inside the Modern Analytics Stack
Click here to learn more about Amit Levi. In the data-driven world we live in today, the field of analytics has become increasingly important to remain competitive in business. In fact, a study by McKinsey Global Institute shows that data-driven organizations are 23 times more likely to outperform competitors in customer acquisition and nine times […]