Is there data bias in your business? Recent research indicates that 65% of business and IT executives believe there is currently data bias in their organization, 13% of businesses are currently addressing data bias, and 78% believe data bias will become a bigger concern as AI/ML use increases. What this indicates is that businesses and organizations simultaneously worry […]
Developing a Successful Data Science Project
While Data Science practitioners, aspirants, and enthusiasts often get caught up in the business benefits of Data Science, it is equally important to keep a close watch on the common pitfalls that need to be avoided to launch a successful Data Science project. By identifying and exploring why some initiatives fail, data scientists can learn […]
Data Literacy: A New Requirement for Consumers and Businesses
Did you know that only one-third of us can confidently understand, analyze, and argue with data? That’s the essential question posited by the Data Literacy Project, an organization that wants to “ignite discussion and develop the tools we need to shape a successful, data-literate society.” Achieving consumer Data Literacy at a mass scale is an ambitious […]
3 Ways to Avoid Disappointment with Data Science Projects
by Angela Guess Sergo Grigalashvili recently wrote in The Enterprisers Project, “You know the old saying: ‘lies, damned lies, and statistics.’ The same can be said about data science broadly. We can easily, by mistake or not, say or imply something using numbers that are not there in reality; predictive models can be good on […]
Big Data: For Good or For Evil?
by Angela Guess Bernard Marr recently opined in Forbes, “Big data is all the rage right now. It’s a trendy buzzword, but more than that, it’s providing incredible opportunities to the companies and organisations that are putting forth the time and energy to make it work to solve complex problems. Big data has the potential […]