A data democracy describes a methodological framework of values and actions that benefit and minimize any harm to the public or the typical user. Organizations like Data for Democracy, initiated by Bloomberg and BrightHive, and projects like Data for Democracy, established by the University of Washington to help Myanmar transition to a data democracy, are spearheading […]
Seven Common Misconceptions Businesses Have About Big Data and Artificial Intelligence
Click to learn more about author Irfan Ak. Artificial intelligence and big data are two of the hottest and most discussed topics in the tech circle. Despite this, there are many misconceptions surrounding both big data and artificial intelligence. There is a lot of hype around both these topics as well, which can sometimes lead […]
Building Machine Learning Program Success
Kristen Serafin, associate director at Financial Industry Regulatory Authority (FINRA) and Lizzie Westin, lead systems analyst at FINRA, speaking at DATAVERSITY® Enterprise Analytics Online Conference, shared how they were able to gain traction for a successful machine learning program. The presentation was titled Ushering in the Age of Machine Learning. FINRA is a private, not-for-profit […]
Why Startups Need DevOps Early, Especially Now
Click to learn more about author Pato Echague. Building a tech startup is an exciting yet challenging process to navigate. Finally, developing your dream into reality is thrilling. Still, the fear of making a misstep around engineering efficiency or product-market fit can be very stressful — especially when you consider that 90 percent of tech startups […]
The Emergence of Open Analytics
Click to learn more about author Dipti Borkar. As businesses are increasingly becoming more data-driven and need to make faster, more informed decisions, the traditional data warehousing approach for accessing and analyzing data is becoming more impractical, time-consuming and likely to increase cost, effort, and vendor lock-in. It assumes data needs to be ingested and […]
The Independent Samples T-Test Method and How it Benefits Organizations
Click to learn more about author Kartik Patel. The independent sample t-test is a statistical method of hypothesis testing that determines whether there is a statistically significant difference between the means of two independent samples. For example, one might use this method of analysis to determine whether the average value of a sedan type of car […]
Case Study: Polaris Puts Data Analysis in the Service of Defeating Human Trafficking
Human trafficking is believed to be the third-largest criminal activity in the world, according to the FBI. The Department of Homeland Security advises that industries around the world including agriculture, hospitality, restaurant, and domestic work, as well as prostitution, often take advantage of modern slavery. Those pulled into this underworld are often held in isolation […]
Ten Common Issues When Using Excel for Data Operations
Click to learn more about co-author Rosaria Silipo. Using Excel to Transform/Analyze Your Data? I know you are still using Excel sheets to transform and/or analyze your data! I know, because most of us still use it to some extent. There is nothing wrong with using Excel. Excel spreadsheets are a great tool to collect […]
Streaming Analytics: The Value is in the Action
“When we’re talking about streaming analytics, we’re talking about flipping our traditional paradigm a little bit and thinking about how we bring analytics to our data, and not necessarily data to our analytics,” said Kimberly Nevala, the Director of Business Strategies for SAS Best Practices, while discussing streaming analytics during the DATAVERSITY® Enterprise Analytics Online […]
Data Analytics Tech Delivers on Promise to Reduce Cyber and Business Risk
Click to learn more about author Trevor Daughney. The importance businesses attach to data analytics has driven the growth of a successful niche of the technology industry. The potential of the sector is now increasingly being realized in stock market value, evidenced by the recent IPOs of Palantir and Sumo Logic. The Palantir IPO represents […]