In the data economy, data is king. Today, any business – small, medium, or large – thrives on its data assets. The recent trend of offering data-driven insights as a service has opened up a profitable revenue channel for businesses. Cloud computing and hosted analytics have brought data-as-a-service to the desktops of ordinary business users, […]
Are Data Scientists Needed in the Self-Service Analytics World?
As the world becomes increasingly data-driven, businesses are turning to self-service analytics to enable business users to perform their own data analysis tasks. In self-service analytics, business users can access and analyze data without assistance or support from IT personnel or data scientists. Direct access to ML-powered analytics platforms allows them to make better business […]
Machine Learning 101
Machine learning (ML) is a subfield of AI that helps train machines to make decisions or complete tasks independently by studying and learning from data. Machine learning enables computers to learn, understand, and make decisions or perform tasks like humans without explicit programming. Machine learning includes the process of building mathematical models from sample historical data […]
How to Build a Career in Data Science
Considering a career in Data Science? Good news: The U.S. Bureau of Labor Statistics estimates that the employment rate for data scientists will grow by 36% between 2021 and 2031, with 40,500 more jobs expected to be created in that time. As the amount of data generated globally increases at a rapid pace, so too does the […]
Making the Business Case for AI
Having made the suggestion the organization you work for needs artificial intelligence (AI) to support future growth, you are now required to make a presentation to the board of directors and convince senior leadership to invest in AI. Below are a few key considerations to consider while making the business case for AI. In terms […]
Advanced Analytics Use Cases
In 2023, organizations that switch to advanced analytics will be better positioned to leverage new opportunities in their respective industries. Increasingly, with the use of automated data analytics, companies are turning to analytics systems and advanced analytics use cases for strategy transformation and digital strategy. Advanced analytics systems are gradually upgrading many companies, creating business […]
Machine Learning Examples and Applications
A subfield of artificial intelligence, machine learning (ML) uses algorithms to detect patterns in data and solve complex problems. Numerous fields and industries depend on machine learning daily to improve efficiency, accuracy, and decision-making. Recently, ML technologies have been reinforced by two subfields of their own: deep learning (DL) and computer vision. Read on for real-world examples […]
How Generative AI Will Transform Business
Generative AI – specifically ChatGPT – has taken the world by storm. From writing about AI in a Shakespearean style to basic programming, ChatGPT promises to disrupt existing workflows and reengineer daily life. In the meantime, companies face another revolution with generative AI. They can remove all the data fed to ChatGPT, then replace it with a company’s […]
Blockchain Technology Demystified
Prepare for blockchain technology to play a significant role in business, society, and almost everything. While 45% of CIOs said their organizations had yet to invest in blockchain between 2016 to 2021, that will change as information exchange becomes decentralized and demonstrated use cases show blockchain’s success. Blockchain spans various industries, from real estate, insurance, health care, […]
The Future of Deep Learning
Deep learning (DL) became an overnight “star” when a robot player beat a human player in the famed game of AlphaGo. Deep learning training and learning methods have been widely acknowledged for “humanizing” machines. Many of the advanced automation capabilities now found in enterprise AI platforms are due to the rapid growth of machine learning […]