Click to learn more about author Eric Raab. For many enterprises, conversations regarding data strategies have shifted from discussing big data to fast data. The ability to understand and act on real-time data insights – often adding the context from historical data – has become a critical differentiator for firms in almost every industry sector […]
Why 2021 Will See More Predictive Monitoring in Process Manufacturing Plants
Click to learn more about author Chen Linchevski. Predictive monitoring is the latest use case for predictive analytics in process manufacturing, which stands to bring enormous value to the process industry. By combining machine learning (ML) analytics with the rich and extensive data gathered by IIoT sensors across the plant, predictive monitoring systems can pick […]
Will They Blend? Google BigQuery Meets Databricks
Click to learn more about author Emilio Silvestri. In the “Will They Blend?” blog series, we experiment with the most interesting blends of data and tools. Whether it’s mixing traditional sources with modern data lakes, open-source DevOps on the cloud with protected internal legacy tools, SQL with noSQL, web-wisdom-of-the-crowd with in-house handwritten notes, or IoT […]
What Is Naïve Bayes Classification and How Is It Used for Enterprise Analysis?
Click to learn more about author Kartik Patel. What Is Naïve Bayes Classification? Naive Bayes is a classification algorithm that is suitable for binary and multiclass classification. It is a supervised classification technique used to classify future objects by assigning class labels to instances/records using conditional probability. In supervised classification, training data is already labeled with […]
Seven Data Management Tips and Best Practices for Small Business Owners
Click to learn more about author Lidia S. Hovhan. Data is all-pervading in the modern world. Regardless of one’s industry or field, every organization always uses data in their everyday operations to help them attain their goals or help monitor their performance. However, without incorporating Data Management best practices, your data analysis may be flawed. […]
Best Practices to Utilize Your Customer’s Risk Profiles to Increase Revenue and Customer Experience
Click to learn more about author Stuart Tarmy. The pandemic has dramatically transformed a number of industries, including online banking and e-commerce. Some 86% of Americans now use online banking and e-commerce in the U.S. This number has exploded by over 44% from last year. Unfortunately, fraudsters have seized on this spike in online activity to […]
Maximizing the Value of Data for Your Health Care Organization
Click to learn more about author Helena Schwenk. The data value chain goes all the way from data capture and collection to reporting and sharing of information and actionable insights. As data doesn’t differentiate between industries, different sectors go through the same stages to gain value from it. There are, however, some challenges that are […]
Interactive Exploration and Analysis of Scientific Datasets
Click to learn more about author Martyna Pawletta. The availability of scientific datasets in Google BigQuery opens new possibilities for the exploration and analysis of public life sciences data. The Google Cloud Platform (GCP) provides a place where SQL queries can be easily and intuitively created in order to explore huge datasets extremely fast. Here we present […]
Data Science on a Large Scale: Can it Be Done?
Click to learn more about author Mathias Golombek. The Challenge Michael Stonebraker, winner of the Turing Award 2014, has been quoted as saying: “The change will come when business analysts who work with SQL on large amounts of data give way to data scientists, which will involve more sophisticated analysis, predictive modeling, regressions and Bayesian […]
The Data Challenges of a Return to Service
Click to learn more about author Kaycee Lai. COVID has been particularly rough on companies that provide in-person entertainment experiences–theme parks, cruise lines, movie theatres, casinos, concert promoters, resorts, etc. With summer approaching, we’re seeing signs that some of these companies may be opening up operations again. Disneyland, for instance, just announced it is reopening […]