Data Science 101

OCTOBER 31, 2019

This data alone does not make any sense unless it’s identified to be related in some pattern. Data mining is the process of discovering these patterns among the data and is therefore also known as Knowledge Discovery from Data (KDD). Machine learning provides the technical basis for data mining.

Data mining 77

Data mining KDD Data Science Knowledge Discovery 77

CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. According to data from PayScale, $99,842 is the average base salary for a data scientist in 2024.

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

CIO Business Intelligence

JUNE 7, 2022

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. What are the four types of data analytics?

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

FineReport

JULY 28, 2021

Good data can give you keen insights, convincing evidence to make informed decisions. By observing and analyzing data, we can develop more accurate theories and formulate more effective solutions. For this reason, data science and/vs. Definition: BI vs Data Science vs Data Analytics.

Business Intelligence 98

Business Intelligence Data Science Data Analytics Analytics 98

Rocket-Powered Data Science

JULY 7, 2019

Analytics: The products of Machine Learning and Data Science (such as predictive analytics, health analytics, cyber analytics). A reference to a new phase in the Industrial Revolution that focuses heavily on interconnectivity, automation, Machine Learning, and real-time data. They cannot process language inputs generally.

Internet of Things 157

Internet of Things Machine Learning Manufacturing IoT 157

CIO Business Intelligence

NOVEMBER 14, 2022

With organizations increasingly focused on data-driven decision making, decision science (or decision intelligence) is on the rise, and decision scientists may be the key to unlocking the potential of decision science systems. Commonly used models include: Statistical models. Some experts consider BI a successor to DSS.

Data mining 144

Data mining Data-driven Statistics OLAP 144

Data Science 101

DECEMBER 11, 2019

This weeks guest post comes from KDD (Knowledge Discovery and Data Mining). Every year they host an excellent and influential conference focusing on many areas of data science. Honestly, KDD has been promoting data science way before data science was even cool. 1989 to be exact. ACM SIGKDD.

KDD 81

KDD Knowledge Discovery Data mining Data Science 81

Smarten

FEBRUARY 19, 2025

Predictive analytics encompasses techniques like data mining, machine learning (ML) and predictive modeling techniques like time series forecasting, classification, association, correlation, clustering, hypothesis testing and descriptive statistics to analyze current and historical data and predict future events, results and business direction.

Predictive Analytics 64

Predictive Analytics Analytics Predictive Modeling Forecasting 64

Jen Stirrup

SEPTEMBER 30, 2021

Although CRISP-DM is not perfect , the CRISP-DM framework offers a pathway for machine learning using AzureML for Microsoft Data Platform professionals. AI vs ML vs Data Science vs Business Intelligence. They may also learn from evidence, but the data and the modelling fundamentally comes from humans in some way.

Business Intelligence 135

Business Intelligence Data mining Machine Learning Testing 135

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

datapine

MARCH 31, 2022

According to the US Bureau of Labor Statistics, demand for qualified business intelligence analysts and managers is expected to soar to 14% by 2026, with the overall need for data professionals to climb to 28% by the same year. A background in (or a firm grasp of) data warehousing and mining. BI engineer.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

JUNE 14, 2023

Certification of Professional Achievement in Data Sciences The Certification of Professional Achievement in Data Sciences is a nondegree program intended to develop facility with foundational data science skills. The online program includes an additional nonrefundable technology fee of US$395 per course.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

CIO Business Intelligence

OCTOBER 13, 2023

The data architect also “provides a standard common business vocabulary, expresses strategic requirements, outlines high-level integrated designs to meet those requirements, and aligns with enterprise strategy and related business architecture,” according to DAMA International’s Data Management Body of Knowledge.

Data Architecture 132

Data Architecture Data Warehouse Statistics Visualization 132

Smart Data Collective

DECEMBER 19, 2021

Therefore, if you don’t preprocess the data before applying it in the machine learning or AI algorithms, you are most likely to get wrong, delayed, or no results at all. Hence, data preprocessing is essential and required. Python as a Data Processing Technology.

Optimization 141

Optimization Machine Learning Data mining Statistics 141

Smart Data Collective

JUNE 14, 2022

Data scientists need to have a number of different skills. In addition to understanding the logistics of networking and a detailed knowledge of statistics, they must possess solid programming skills. When you are developing big data applications, you need to know how to create code effectively. Improper Use of Comments.

Data mining 123

Data mining Big Data Data Science Statistics 123

CIO Business Intelligence

AUGUST 9, 2022

These generalists are often responsible for every step of the data process, from managing data to analyzing it. Dataquest says this is a good role for anyone looking to transition from data science to data engineering, as smaller businesses often don’t need to engineer for scale. Data engineer vs. data architect.

Analytics 131

Analytics Data Science Statistics Unstructured Data 131

Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 139

Predictive Analytics Analytics Predictive Modeling Data mining 139

CIO Business Intelligence

MAY 12, 2022

The tools include sophisticated pipelines for gathering data from across the enterprise, add layers of statistical analysis and machine learning to make projections about the future, and distill these insights into useful summaries so that business users can act on them. On premises or in SAP cloud. Per user, per month. Free tier.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

datapine

NOVEMBER 27, 2019

The demand for real-time online data analysis tools is increasing and the arrival of the IoT (Internet of Things) is also bringing an uncountable amount of data, which will promote the statistical analysis and management at the top of the priorities list. It’s an extension of data mining which refers only to past data.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

JANUARY 20, 2023

BI focuses on descriptive analytics, data collection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

Business Intelligence 144

Business Intelligence Dashboards Data mining OLAP 144

IBM Big Data Hub

JULY 6, 2023

While data science and machine learning are related, they are very different fields. In a nutshell, data science brings structure to big data while machine learning focuses on learning from the data itself. What is data science? This post will dive deeper into the nuances of each field.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

Smart Data Collective

OCTOBER 14, 2019

That, along with data mining can help if the developer wants to work with supply chains, for example. Statistics, qualitative analysis and quant are some of the backbones of big data. Knowledge of data analytics tools like SAS, R and SPSS can also help software developers find competitive and lucrative careers.

Big Data 99

Big Data Software Data mining Prescriptive Analytics 99

CIO Business Intelligence

AUGUST 11, 2023

It was developed in the Department of Computer and Information Science at the University of Pennsylvania and provides interfaces to more than 50 corpora and lexical resources, a suite of text processing libraries, wrappers for natural language processing libraries, and a discussion forum. NLTK is offered under the Apache 2.0

Unstructured Data 142

Unstructured Data Machine Learning Data Science Data mining 142

FineReport

DECEMBER 10, 2019

Do you want to know if there are some guidelines to regulate the quality of these data? Here, I summarize the data cleaning rules into the following 4 key points: Completeness : Whether there is a null value for a single piece of data and whether the statistical fields are complete. Data Cleaning in Python.

Data mining 98

Data mining Data Quality Statistics Measurement 98

CIO Business Intelligence

DECEMBER 22, 2022

Such teams tend to view analytic pipelines as analogous to lean manufacturing lines and regularly reflect on feedback provided by customers, team members, and operational statistics. Analytics, Collaboration Software, Data Management, Data Mining, Data Science, IT Strategy, Small and Medium Business.

Analytics 130

Analytics Machine Learning Data mining Software 130

Sisense

APRIL 10, 2020

One of the most-asked questions from aspiring data scientists is: “What is the best language for data science? People looking into data science languages are usually confused about which language they should learn first: R or Python. NLP can be used on written text or speech data. R or Python?”.

Deep Learning 98

Deep Learning Data Science Machine Learning Visualization 98

IBM Big Data Hub

AUGUST 11, 2023

Machine learning (ML), a subset of artificial intelligence (AI), is an important piece of data-driven innovation. Machine learning engineers take massive datasets and use statistical methods to create algorithms that are trained to find patterns and uncover key insights in data mining projects.

Data Science 53

Data Science Machine Learning Cost-Benefit Deep Learning 53

BizAcuity

MAY 7, 2019

Traditionally, demand forecasting involved sales managers coming together at the end of every three months to analyze the sales statistics of the bygone business quarter. Today, several methods involving data science, statistical model, trend line, time-phased analysis, data mining and more are used to predict consumer demand.

Forecasting 75

Forecasting IT Sales Statistics 75

Analytics Vidhya

JANUARY 25, 2023

Introduction What’s most crucial to us? Could it be the ability to create a fortune, have good physical health, or be the focus of attention? In line with the latest World Happiness Report, it is evident that being happy has become a worldwide priority.

Reporting 323

Reporting Analytics IT Data mining 323

Smart Data Collective

SEPTEMBER 21, 2022

Python is one of the best languages for data science and AI , so it is a good idea to find Python programmers for your AI startup. Developing AI technology requires decent programming skills. You obviously need to hire developers that understand the programming languages that help create AI applications.

Statistics 103

Statistics Data mining Marketing Software 103

FineReport

DECEMBER 19, 2019

Professional data analysts must have a wealth of business knowledge in order to know from the data what has happened and what is about to happen. In addition, tools for data analysis and data mining are also important. Excel, Python, Power BI, Tableau, FineReport are frequently used by data analysts.

Knowledge Discovery 98

Knowledge Discovery Visualization Data mining Reporting 98

The Unofficial Google Data Science Blog

JULY 22, 2020

For example, imagine a fantasy football site is considering displaying advanced player statistics. A ramp-up strategy may mitigate the risk of upsetting the site’s loyal users who perhaps have strong preferences for the current statistics that are shown. One reason to do ramp-up is to mitigate the risk of never before seen arms.

Experimentation 96

Experimentation Statistics Testing Knowledge Discovery 96

FineReport

MARCH 24, 2024

Data analysts contribute value to organizations by uncovering trends, patterns, and insights through data gathering, cleaning, and statistical analysis. They identify and interpret trends in complex datasets, optimize statistical results, and maintain databases while devising new data collection processes.

Statistics 52

Statistics Data mining Visualization Reporting 52

FineReport

JULY 18, 2022

Key features: As a professional data analysis tool, FineBI successfully meets business people’s flexible and changeable data processing requirements through self-service datasets. FineBI is supported by a high-performance Spider engine to extract, calculate and analyze a large volume of data with lightweight architecture.

Forecasting 52

Forecasting Dashboards Statistics Visualization 52

Cloudera

NOVEMBER 30, 2017

Taken together, the six strategies will help you apply big data analytics to attracting and retaining your organization’s most valuable asset: its customers. “It is a competitive advantage to know more about your customers and to apply this knowledge to marketing, sales, support, and the development of products and services.

Strategy 40

Strategy Big Data Data mining Visualization 40

The Unofficial Google Data Science Blog

APRIL 23, 2024

If $Y$ at that point is (statistically and practically) significantly better than our current operating point, and that point is deemed acceptable, we update the system parameters to this better value. e-handbook of statistical methods: Summary tables of useful fractional factorial designs , 2018 [3] Ulrike Groemping. Hedayat, N.J.A.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

Edwin Chen

SEPTEMBER 6, 2011

But to summarize a bit what we’ve seen so far, here are some statistics on the role the social graph played in spreading the post: There are 5 clusters of activity after the initial post, sparked both by power users and less-connected folks. 35% of users made their way to my answer because of someone else’s upvote.

Machine Learning 52

Machine Learning Broadcasting Visualization Data mining 52