As businesses plan for data democratization, it is essential to include a strategy to ensure that business users will accept augmented analytics solutions and adapt to the new citizen data scientist role. With business users on board, the enterprise can capitalize on its strategy and optimize return on investment (ROI) and total cost of ownership (TCO) […]
What to Look for When Hiring a Data Analyst
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 data-driven pricing, scheduling, and other operational choices. Why Hire a Data Analyst? As declining margins, increased commoditization, […]
Is Your Database Built for Streaming Data?
When it comes to data sources, analytic apps developers are facing new and increasingly complex challenges, such as having to deal with higher demand from event data and streaming sources. Here in the early stages of this “stream revolution,” developers are building modern analytics applications that use continuously delivered real-time data. Yet while streams are clearly the […]
Five Data and Analytics Trends: What Lies Ahead in 2023
It’s rare, if not impossible, to find a business that does not have a digital presence. The convenience factor of digital is accelerating the pace at which businesses are applying an online presence, including the ones that were mainly brick-and-mortar before COVID. More than just offering products and services in this way, most organizations are […]
Create a Thorough Plan and Training Strategy for Citizen Data Scientists
As a business owner, executive, or manager, you are likely aware of the term “citizen data scientists.” Perhaps you have even implemented this type of initiative in your organization. While business journals and industry and technology publications discuss the advantages of the citizen data scientist approach, many businesses fail to get the most out of […]
What’s a Semantic Layer Worth?
There’s been a lot of talk about semantic layers lately. I’ve seen dozens of companies using a semantic layer to drive self-service analytics at scale. But even with all these success stories, I still get this question: “Is a semantic layer worth the effort?” In other words, is the juice worth the squeeze? So, how […]
How a Modern Cloud Analytics Stack Can Optimize the Value of Your Data
Data is vital when it comes to growing a business, but many organizations fail to utilize it properly once it has been collected. At the same time, many forward-thinking businesses, from startups to large corporations, have implemented a modern cloud analytics stack to use data more efficiently. In this article, we will discuss how a modern […]
Interactive Bioactivity Prediction with Multitask Neural Networks
A CHEMBL-OG post, Multi-task neural network on ChEMBL with PyTorch 1.0 and RDKit, by Eloy, from way back in 2019 showed how to use data from ChEMBL to train a multitask neural network for bioactivity prediction – specifically to predict targets where a given molecule might be bioactive. Eloy has links to more info in his […]
Business User Analytics: The Do’s and Don’ts of Success
When a business decides to tackle data democratization and bring data analytics to its business users, it can often fail to plan comprehensively for success. While selecting the right augmented analytics solution is crucial, the business team must also plan for user adoption and solution acceptance. Without that key component, the enterprise will likely spend […]
Three Tips to Smarten Your Digital Transformation Strategy
The COVID-19 pandemic accelerated organizations’ digital transformation efforts, regardless of whether they were ready for it or not. Now, as businesses have adjusted their plans to factor in the ongoing effects of the pandemic, digital transformation has become not just a business initiative, but one of high priority. In fact, Gartner found that digital transformation is now […]