Tag: data science

May 31, 2023

Unlocking the power of geospatial data can give organizations a competitive edge, from optimizing supply chain logistics and enhancing customer experience to mitigating fraud and improving public health outcomes. But despite its far-reaching benefits, many organizations fail to fully harness […]

May 17, 2023

Python’s rich ecosystem of data science tools is a big draw for users. The only downside of such a broad and deep collection is that sometimes the best tools can get overlooked. Here’s a rundown of some of the best […]

May 4, 2023

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 […]

April 21, 2023

“The democratization of data science” or the “democratization of AI” have long been popular buzz phrases. “Citizen data scientists” poke through open-source datasets finding valuable insights and sharing them with the world out of an individual sense of curiosity. And […]

April 4, 2023

Research reveals that the global natural language processing (NLP) market size is projected to grow by $33 billion within the next five years, an annual growth rate of 25%. The use of natural language processing for search capability is ubiquitous […]

February 2, 2023

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 […]

January 18, 2023

AI goes ROI: The slowdown in tech spending will show up in AI and machine learning in two ways: major new AI methodologies and breakthroughs will slow down, while innovation in AI moves toward “productization.” We’ll see AI get faster […]

December 22, 2022

Here are five related predictions that we expect to come to fruition. 1. Deepening data divide will determine enterprise winners or losers While monetizing data insights has been an elusive goal for many organizations, the maturation of AI technologies is […]

December 15, 2022

With the field of Data Management constantly evolving and becoming increasingly competitive, getting certified as a data professional helps you stand out from the crowd. The certification process requires applicants to demonstrate their knowledge and understanding of various areas of […]

December 14, 2022

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 […]

December 12, 2022

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 […]

December 1, 2022

A great data scientist combines expert knowledge of various interrelated academic disciplines to help global enterprises make agile decisions for improved business performance. Data scientists use statistics, mathematics, data mining, and computer science to analyze data sets for observable trends […]

November 22, 2022

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 […]

October 6, 2022

Built-in reactivity is one of Observable JavaScript’s biggest value adds. In my two previous articles, I’ve introduced you to using Observable JavaScript with R or Python in Quarto and learning Observable JavaScript with Observable notebooks. In this article, we get […]

September 21, 2022

Data Governance applied to analytics, business intelligence (BI), or data modeling is nothing new, but Analytics Governance is somewhat different from Data Governance, says Malcolm Chisholm, president of Data Millenium. Chisholm spoke at DATAVERSITY’s Enterprise Analytics Online, stating that Analytics […]

September 8, 2022

Data Science is a broad field with many potential applications. It’s not just about analyzing data and modeling algorithms, but it also reinvents the way businesses operate and how different departments interact. Data scientists solve complex problems every day, leveraging […]

September 1, 2022

With IT leaders increasingly needing data scientists to gain game-changing insights from a growing deluge of data, hiring and retaining those key data personnel is taking on greater importance. Without enough trained, high-level data scientists to fill all the job […]

August 23, 2022

Data science involves using scientific methods, algorithms, and systems to extract insights from structured and unstructured data. As a discipline, data science synthesizes mathematics, statistics, computer science, domain knowledge, and other inputs to analyze events and trends.In a world gone […]

August 18, 2022

The field of decision science focuses on making data-informed decisions. Decision science helps to analyze the impact of a decision on the business. The best decisions are often made with a combination of data and precise business questions. The more […]

August 8, 2022

As data science and AI technologies become more integrated into everyday business processes, more and more companies are seeing their tremendous benefits. But there are challenges with successfully deploying AI in a manner that drives measurable business outcomes. I wanted […]