November, 2022

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What are Smart Contracts in Blockchain?

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Source: Image by Gerd Altmann from Pixabay Smart contracts are blockchain-based computer programs that activate at predefined times. In most cases, they are used to eliminate the need for a third party during the execution of a contract, allowing all parties to […].

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7 enterprise data strategy trends

CIO Business Intelligence

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. As with just about everything in IT, a data strategy must evolve over time to keep pace with evolving technologies, customers, markets, business needs and practices, regulations, and a virtually endless number of other priorities.

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IBM Builds on Analytics and BI Foundation

David Menninger's Analyst Perspectives

In today’s data-driven world, organizations need real-time access to up-to-date, high-quality data and analysis to keep pace with changing market dynamics and make better strategic decisions. By mining meaningful insights from enterprise data quickly, they gain a competitive advantage in the market. Yet, organizations face a multitude of challenges when transitioning into an analytics-driven enterprise.

Analytics 274
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Systems Thinking and Data Science: a partnership or a competition?

Jen Stirrup

Information is pretty thin stuff, unless mixed with experience. – Clarence Day (1874–1935), American essayist. Why do organizations get stuck with their data? It is such a fundamental question. Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.

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AI’s ‘SolarWinds Moment’ Will Occur; It’s Just a Matter of When

O'Reilly on Data

Major catastrophes can transform industries and cultures. The Johnstown Flood, the sinking of the Titanic, the explosion of the Hindenburg, the flawed response to Hurricane Katrina–each had a lasting impact. Even when catastrophes don’t kill large numbers of people, they often change how we think and behave. The financial collapse of 2008 led to tighter regulation of banks and financial institutions.

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How Much Math Do You Need in Data Science?

KDnuggets

There exist so many great computational tools available for Data Scientists to perform their work. However, mathematical skills are still essential in data science and machine learning because these tools will only be black-boxes for which you will not be able to ask core analytical questions without a theoretical foundation.

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Leaning into Retail’s Challenges with Digital Transformation

CIO Business Intelligence

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year. That may sound like retail leaders are all in , ready to use new technology tools to extract maximum value out of their operations; ready to embrace change and grab the future by the horns.

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Mind the Gap Between Data and Analytics

David Menninger's Analyst Perspectives

If you’ve ever been to London, you are probably familiar with the announcements on the London Underground to “mind the gap” between the trains and the platform. I suggest we also need to mind the gap between data and analytics. These worlds are often disconnected in organizations and, as a result, it limits their effectiveness and agility.

Analytics 334
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What to Look for in a Data-Savvy Fintech Marketing Agency

Smart Data Collective

Big data technology has changed the future of marketing in a multitude of ways. A growing number of organizations are leveraging big data to get higher ROIs from their organic and paid marketing campaigns. As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021. The Fintech sector is among those most reliant on data-driven marketing.

Marketing 137
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Automation With A Human Touch: Balancing Agility And Standardization

Timo Elliott

Simon Jarke is the Head of Corporate Digital Business Innovation at Freudenberg, a family-owned global technology group headquartered in Germany and founded in 1849. He recently explained how the organization has taken advantage of the latest technology advances to give business people more agility and control over their processes, without sacrificing standardization and efficiency: “I think the key to success, especially in times of digital transformation, lies in the philosophy and pract

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The Role of Data Products in Maximizing ROI from AI Initiatives

Stuck with stalled AI projects? Data silos and fragmented processes are likely culprits. This IDC report unveils Data Products as the secret weapon. By treating data as a product, organizations can overcome these challenges and unlock the true potential of AI. Learn how a unified data control plane empowers Data Products to deliver trusted, high-quality data for faster insights and improved decision-making.

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Introduction to Pandas for Data Science

KDnuggets

The Pandas library is core to any Data Science work in Python. This introduction will walk you through the basics of data manipulating, and features many of Pandas important features.

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How does User Authentication work with FACEIO?

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction FaceIO is a cross-browser framework for user facial recognition authentication. Any website can use a JavaScript snippet to implement it. As more and more daily tasks are managed electronically rather than with pen and paper or face-to-face, the demand for quick and […].

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Leveraging Content Management Software to Facilitate a Cloud-First Approach

CIO Business Intelligence

By Milan Shetti, CEO Rocket Software In today’s fast-paced digital business world, organizations have become highly adaptive and agile to keep up with the ever-evolving demands of consumers and the market. This has pushed many organizations to accelerate their digital transformation efforts in order to remain competitive and better serve their constituents — and there is no sign of slowing down.

Software 144
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Cloud Computing Realities Part 3: Business Continuity

David Menninger's Analyst Perspectives

In my previous perspectives on cloud computing, I addressed some of the realities of cloud costs as well as hybrid and multi-cloud architectures. In the midst of the pandemic, my colleague, Mark Smith, authored a series of perspectives on considerations for business continuity in general, beginning with this look at some of the investments organizations must make to mitigate the risk of business disruptions.

Risk 284
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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Why Big Data Is The Future Of Sales And Marketing

Smart Data Collective

Proper marketing and sales prospects play a huge role in improving the success rate of your business. The strategy can either be offline or digital. However, digital marketing has become the major focus of marketers across all industries, mainly due to how customers interact and engage with modern businesses. Seeing an opportunity and knowing how and when to take advantage of it defines the majority of where today’s marketers stand.

Big Data 135
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Scoring More Goals in Football with AI: Predicting the Likelihood of a Goal Based on On-the-Field Events

DataRobot Blog

Can artificial intelligence predict outcomes of a football (soccer) game? In a special project created to celebrate the world’s biggest football tournament, the DataRobot team set out to determine the likelihood of a team scoring a goal based on various on-the-field events. My Dad is a big football (soccer) fan. When I was growing up, he would take his three daughters to the home games of Maccabi Haifa, the leading football team in the Israeli league.

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If I Had To Start Learning Data Science Again, How Would I Do It?

KDnuggets

While different ways to learn Data Science for the first time exist, the approach that works for you should be based on how you learn best. One powerful method is to evolve your learning from simple practice into complex foundations, as outlined in this learning path recommended by a physicist who turned into a Data Scientist.

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Building Our Applications Using Flutter

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Flutter where F stands for Front- end, L stands for Language, U stands for UI layout, T stands for Time, T stands for Tools, E stands for Enable, and R stands for Rich. In other words, Flutter is a tool used in […]. The post Building Our Applications Using Flutter appeared first on Analytics Vidhya.

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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another.

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Using ML and Dataiku to Make 2022 FIFA World Cup Predictions

Dataiku

It’s been four years since the last World Cup in 2018, when France won their second star on their crest. Even if you are not particularly interested in football, you might still find that World Cups are a fun moment where people share joy and excitement. I wanted to participate, but my knowledge would be limited to knowing Neymar and Kylian Mbappé's names.

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Data Analytics Solves Manufacturing Marketing Agency Challenges

Smart Data Collective

Data analytics is unquestionably one of the most disruptive technologies impacting the manufacturing sector. Manufacturers are projected to spend nearly $10 billion on analytics by the end of the year. Data analytics can solve many of the biggest challenges that manufacturers face. One of the most significant benefits of leveraging analytics in manufacturing is with marketing optimization and automation.

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The Evaporation of Privacy

TDAN

Have you ever read those little pieces of paper inserted into your bank statement, credit card statements, insurance bills, mutual fund statement, and all of your other statements and bills? We all get them. You know, those flimsy pieces of paper, printed in small type and written in convoluted English. I have started collecting them— […].

Insurance 105
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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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3 Useful Python Automation Scripts

KDnuggets

The post highlights three useful applications of using python to automate simple desktop tasks. Stay tuned till the end of the post to find the reference for a bonus resource.

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Hierarchical Clustering in Machine Learning

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Hierarchical clustering is one of the most famous clustering techniques used in unsupervised machine learning. K-means and hierarchical clustering are the two most popular and effective clustering algorithms. The working mechanism they apply in the backend allows them to provide such a […].

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Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

During the opening keynote at the recent Gartner IT Symposium in Barcelona, Gartner analysts said that CIOs should look to its latest moniker, IT for sustainable growth , to drive business transformation by focusing on three key strategies: ‘revolutionary work’ to empower the workforce, ‘responsible investment’ to balance financial and sustainability objectives, and ‘resilient cybersecurity’ to support business outcomes “without constraining them”.

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One Click Innovation: More Magic Needed

Timo Elliott

The power of artificial intelligence is showing us what the prescriptive future of computer systems should look like. This Diffuse The Rest algorithm lets you scribble a picture, add a description, and it paints what you imagined. I’m just about to get on a plane to Dubai for a partner conference, so I quickly scribbled what I imagined my arrival might look like, and added a description.

IT 103
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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Is Artificial Intelligence Setting A New Standard For Web Design?

Smart Data Collective

Artificial intelligence is playing an important role in modern creative professions. There are a lot of reasons a growing number of companies are turning to AI technology. One poll showed that 61% of companies found that AI and machine learning were their best data investments. One of the industries that is evolving by adopting new AI tools in web design.

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Succeed With AI at Scale With These New Year’s Resolutions Tips

Dataiku

We’re t-minus five weeks away from January 1. Which means t-minus five weeks away from New Year’s Day, when conversations and social media feeds will be inundated with talks of resolutions — losing weight, exercising more, reducing screen time, getting that promotion, putting more money aside for savings, starting a meditation practice — you get the idea.

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9 Skills You Need to Become a Data Engineer

KDnuggets

A data engineer is a fast-growing profession with amazing challenges and rewards. Which skills do you need to become a data engineer? In this post, we’ll take a look at both hard and soft skills.

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An Introduction to MongoDB

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction When we hear the word “DATABASE”, the first thought that comes to our mind is SQL! No doubt, SQL and relational databases are widely popular and used extensively for storing data. Many kinds of literature, articles, and tutorials are on them internet-wide due to […].

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How To Get Promoted In Product Management

Speaker: John Mansour

If you're looking to advance your career in product management, there are more options than just climbing the management ladder. Join our upcoming webinar to learn about highly rewarding career paths that don't involve management responsibilities. We'll cover both career tracks and provide tips on how to position yourself for success in the one that's right for you.