Source: analyticsinsight.net The big data transformation has brought forth various types, types and phases of data analysis. Meeting rooms across organizations are humming around with data analytics, offering enterprise-wide solutions for business achievement. In any case, what do these truly mean to organizations? The key to organizations effectively utilizing Big Data, is by picking up the correct Read More
Tag: data analytics
Source: analyticsindiamag.com The global recession has engulfed the world of technology. In the field of data science, layoffs are happening across many companies, and analytics professionals have concerns staying relevant in these tough times. Alongside, businesses are also strategising to cut costs to ensure continuity during this crisis. The Background Behind The Layoffs In this Read More
Source: jaxenter.com Data is omnipresent and in different forms. This data plays an important role for people as well as for large enterprises in making strategic business decisions. The information chunks thus become imperative for the survival of these enterprises in the competitive environment because utilizing the right information at the right time is what Read More
Source: healthitanalytics.com May 20, 2020 – A big data analytics tool that uses information from multiple cancer types could help researchers identify potential treatments and accelerate precision medicine, a study published in the Journal of Clinical Oncology Clinical Cancer Informatics revealed. Developed by researchers at the University of Michigan Rogel Cancer Center, the tool combines multiple datasets to help turn information Read More
Source: fintechnews.sg Data science, which involves developing methods of recording, storing and analyzing data to extract useful information and gain insights, has created a drastic change in the financial services industry. Considered as the core of fintech, data science and its allies in the form of artificial intelligence (AI), machine learning (ML) and big data, Read More
Source: itbrief.co.nz What do companies like Netflix, Airbnb, Spotify and Lyft know that you don’t know? What do these companies have that you might be lacking? Sure, they had an initial idea. But we’ve all had good ideas. How did each of these new market heroes move from the seed of an idea to the Read More
Source: analyticsinsight.net Big data has turned into the lifeblood of modern businesses. The technology can enable businesses to operate with extended flexibility and agility to churn out greater productivity. Achieving goals has become more convenient with the emergence of big data technologies and tools. In fact, a correct big data strategy can help catalyze many Read More
Source: analyticsindiamag.com India has been an important marketplace for data science and analytics products for many years now. If you look back, the data science market saw an upheaval with the coming of the e-commerce market in India. With so many e-commerce players running in billions of dollars of net worth, it led to the Read More
Source: analyticsinsight.net Big data has turned into the lifeblood of modern businesses. The technology can enable businesses to operate with extended flexibility and agility to churn out greater productivity. Achieving goals has become more convenient with the emergence of big data technologies and tools. In fact, a correct big data strategy can help catalyze many Read More
Source: which-50.com Before businesses implement data analytics into their businesses they first need to understand the challenges ahead of them. In a recently released NEC report, Taming Your Data Assets and Delivering Real Business Outcomes, it highlights a number of roadblocks companies need to identify and understand. These include, The sheer volume and variety of Read More
Source: fool.com On Friday, the Bureau of Labor Statistics released the latest jobs numbers, and they weren’t pretty. Nonfarm payrolls fell by 20.5 million in April, and the U.S. unemployment rate has now soared to 14.7%. However, one silver lining is that many of those laid off expect to eventually return to their previous jobs. Read More
Source: ptc.com Predictive analytics and data mining are often used interchangeably, but they address very different parts of the same process We’ll explain how each technique works, why you need them, and how they work together. Predictive Analytics Explained Predictive analytics prepare you for what’s on the horizon. While total accuracy is impossible, the best Read More
Source: techcentral.ie 1 May 2020 | 0 Deploying data science into production is still a big challenge. Not only does the deployed data science need to be updated frequently but available data sources and types change rapidly, as do the methods available for their analysis. This continuous growth of possibilities makes it very limiting to rely Read More
Source: enterpriseai.news Machine vision, natural language processing, data analytics and other deep learning applications will propel global AI software revenues over the next five years via a growing list of industry segments spanning automotive and health care to financial services and retail. Market tracker Omdia forecasts AI software revenues will surge through 2025 to $126 Read More
Source: itworld.com Deploying data science into production is still a big challenge. Not only does the deployed data science need to be updated frequently but available data sources and types change rapidly, as do the methods available for their analysis. This continuous growth of possibilities makes it very limiting to rely on carefully designed and Read More
Source: analyticsindiamag.com If your business is struggling to reduce operational costs during the ongoing economic crisis or maintain the efficiency of services or the quality products, then Data Science as a Service (DSaaS) should be used to solve these issues. DSaaS is an ideal choice for businesses to manage without a large team of data Read More
Source: pymnts.com “While it may feel counterintuitive to look backward in order to move forward in the face of significant economic events,” Payrix Chief Risk and Compliance Officer Billi Jo Wright told PYMNTS, “applying the proper data mining, data analytics tools and action plans to your business’ wealth of transactional data may provide a roadmap through adverse Read More
Source: analyticsinsight.net AI (ML) has been utilized for a long time in different industries to drive new business, increase productivity, reduce risk and improve consumer satisfaction. However, within data management, widespread adoption still can’t seem to progress. One issue is that use cases and capacities of ML related to data management are not constantly comprehended Read More
Source: economictimes.indiatimes.com The corporate affairs ministry is betting on artificial intelligence and data analytics as key elements in the fight against the menace of shell companies as it works to put in place an ecosystem that will have “zero tolerance” for non-compliance with regulations. Continuing efforts to have a robust corporate governance system and ensure Read More
Source: analyticsinsight.net Real-time analytics has become the most crucial term in Big data analytics for enterprises. This enables enterprises to use all available data as real-time analytics big data. This means with real-time analytics enterprises can generate analytics reports as and when the data is received. It ideally takes a minute. Furthermore, using real-time analytics, Read More
Source: rtinsights.com Every company aspires to be data-driven, but it takes expertise and investment over long periods of time to attain this. In an era of change and disruption, the months — or perhaps years — it takes to build and deploy data analytics solutions may be too late for a struggling company. It also Read More
Source: parsippanyfocus.com MORRIS COUNTY — County College of Morris (CCM) has received a $235,000 grant from the National Science Foundation (NSF) to support the launch of a Data Science Certificate program. According to the U.S. Bureau of Labor Statistics (BLS), there is a high demand for data scientists, whose work involves managing, analyzing and interpreting Read More
Source: aithority.com OmniSci, the pioneer in accelerated analytics, and Z by HP announced a collaboration to bring the power of advanced data analytics to the HP Z8, the world’s most powerful workstation. As a preloaded component in the Z8 Workstation Evaluation Program, OmniSci’s accelerated analytics platform gives data scientists and analysts the ability to directly interrogate massive Read More
Source: aithority.com Neo4j, the leader in graph technology, announced the availability of Neo4j for Graph Data Science, the first data science environment built to harness the predictive power of relationships for enterprise deployments. The unpredictability of the current economic climate underscores the need for organizations to get more value out of existing datasets, continually improve predictive Read More
Source: appdevelopermagazine.com Infragistics is excited to announce a major upgrade to its embedded data analytics software, Reveal. In addition to its fast, easy integration into any platform or deployment option, Reveal’s newest features address the latest trends in data analytics: predictive and advanced analytics, machine learning, R and Python scripting, big data connectors, and much more. These Read More
Source: analyticsindiamag.com In the ever-increasing data science landscape, learning and retaining concepts have become difficult as one fails to dig deep and assimilate various data science approaches to its fullest. This is because data scientists do not evaluate their understanding of different concepts. However, there are numerous ways one can put their knowledge to the Read More
Source: governmentciomedia.com The Department of Veterans Affairs is closer to expanding its use of artificial intelligence and developing novel use cases. In looking back on the early stages of the VA’s newly launched artificial intelligence program, the department’s Director of AI Gil Alterovitz noted ongoing questions about how to best leverage AI data sets for Read More
Source: eponline.com Data has quickly become one of the most valuable resources for any organization. New tools and data-collection schemes have made it possible to gather and analyze massive sets of data—dubbed “big data.” These data sets allow us to discover patterns and relationships that we couldn’t have found with traditional approaches. One area being Read More
Source: crn.com.au Deloitte has acquired Brisbane-based data analytics and financial performance management specialist Bistech for an unspecified sum. Bistech will join Deloitte’s data analytics team in Brisbane, with Bistech co-owners Shane Morgan, Justin Hoareau and Brad Culbert in leadership roles. All 17 consultants will also join Deloitte. “We’re incredibly excited and pleased to be joining Read More
Source: omaha.com In decision making, the more information you have at your disposal, the better the result. This is certainly true in business. Knowledge of your customer base and predictions of future demand will indicate the correct timing of product line expansion, for example. But, says Ravi Nath, Ph.D., chair of the Department of Business Intelligence Read More