The Background of Data Science Roles It was thought a few years ago that 2018 would amount a huge demand-supply gap in the Data Science market as supply would fail to keep pace with the rising demand for expert data scientists. However, the buzz from Gartner, which said more than 40 percent of Data Science […]
Data Literacy Trends in 2022
Investing in leadership skills as well as data skills allows organizations can ensure that they can have decisive marketplace and intra-organizational impacts. The Chief Data Officer (CDO) role is only a few years old, and many organizations still don’t have a CDO. Data Literacy is an essential component to all of this. In a recent […]
Data Architecture Trends in 2022
The primary purpose of implementing a Data Architecture is to standardize the methods and protocols, as well as the systems for acquiring, storing, managing, and sharing data across the enterprise for improved decision-making. In modern businesses, most decisions are made in real time, and to facilitate an efficient and real-time friendly Data Management infrastructure, data […]
Deep Reinforcement Learning: What, Why, How
Reinforcement learning (RL), a “niche” machine learning technique, has surfaced in recent years. In context-based decision-making, reinforcement learning helps the machine take action-provoking decision-making through a trial-and-error approach to achieve the optimal algorithmic model for a situation. Furthermore, the machine is trained through a reward/penalty-based feedback mechanism, the goal of which is to continuously improve […]
Bringing Data Science into the Organization
In a nutshell, Data Science accelerates business growth. Sudeep Rao, offers solid evidence of this by stating that worldwide nearly $30 billion is invested annually for artificial intelligence (AI) and machine learning (ML) projects. A BI and analytics survey indicated that 94% of the survey participants reported “data and analytics” as important factors for the […]
Data Science Trends in 2022
The year 2021 was out of the ordinary as global businesses struggled to keep afloat amid the pandemic. This unusual situation accelerated digitization in businesses, which led to a surge in “digital data.” This year witnessed a record number of hires of data scientist and data analyst positions as businesses realized that data-driven market intelligence […]
The Fundamentals of Natural Language Processing and Natural Language Generation
Natural Language Processing (NLP) is the process of producing meaningful phrases and sentences in the form of natural language. Natural Language Processing precludes Natural Language Understanding (NLU) and Natural Language Generation (NLG). NLU takes the data input and maps it into natural language. NLG conducts information extraction and retrieval, sentiment analysis, and more. In Natural […]
Artificial Intelligence and Machine Learning Trends in 2022
This article will cover the artificial intelligence (AI) and machine learning (ML) trends forecasted for the business landscape in 2022, but readers need to keep in mind that businesses are still contending with the pandemic, as well as labor shortages, economic crisis, and many other problematic factors. While some businesses worldwide have certainly come out […]
Fundamentals of Self-Service Machine Learning
The recent organizational push for self-service Business Intelligence has helped the next challenge for business users become an increasing need. How to tackle the issue of having Machine Learning (ML) models embedded in all major analytics platforms? On the one hand, embedded models offer greater freedom and control over data analysis; on the other hand, […]
Impact of Data Quality on Big Data Management
As the available industry literature suggests, Data Quality (DQ) is seriously hindering the success of many big data projects. However, it is apparent that without an organized movement in favor of Data Quality for big data, nothing will actually happen to change the current scenario. In an interview with the CEO of Informatica, Anil Chakravarthy, […]