With the increasing use of big data by organizations in every field, the need for big data analysts will continue to grow. Big data analysts examine vast amounts of varied data. They uncover hidden patterns, customer preferences, and market trends. One of the primary differences between a big data analyst and a data scientist is […]
Next Generation Business Intelligence: Customer-Driven Success
In the customer-driven era, business success depends on how quickly a business can respond to a customer demand. The more that businesses become reliant on real-time outcomes, the more they will seek next-generation (next-gen) BI deployments. Traditional Business Intelligence (BI) platforms were high-cost and time-intensive applications. The current trend in BI is to move toward […]
Knowledge Graphs, Ontologies, and AI
This past fall, all aspects of the computable knowledge structure KBpedia – its upper ontology (KKO), full knowledge graph, mappings to major leading knowledge bases, and 70 logical concept groupings called typologies – became open source. Making big strides in increasing definitions and mappings has been a main focus of KBpedia v. 1.60. As it always […]
Industry 4.0: Make Data-Driven Decisions Immediately
What if a cyber-physical world — fueled by data — shortened production and manufacturing decisions to the time it takes to adjust a thermostat’s temperature? This just begins to describe Industry 4.0. According to a recent McKinsey article, Industry 4.0 “expects to deliver between $1.2 and $3.7 trillion in value.” Meanwhile, according to Riasat Noor, […]
Machine Learning vs. Deep Learning
The debate on machine learning vs. deep learning has gained considerable steam in the past few years. The fundamental strength of both these technologies lies in their ability to learn from available data. Though both of these offshoot AI technologies triumph in “learning algorithms,” the manner in which machine learning (ML) algorithms learn is very […]
Case Study: Predictive Analytics and Data Science Keep an Eye on the Weather
Weather companies want to do their best so that consumers and businesses can have reliable forecasts – not just for the day but in advance of it. Accuracy matters to weather services such as the Weather Channel and AccuWeather and predictive analytics, along with Data Science, is allowing them to get more precise weather reports […]
Data Science and AI Use Cases
A business use case is generally defined as a sequence of business actions that lead to a predetermined, value-added outcome. Data Flair shares the Top 6 Data Science Use Cases slated to bring in another industrial revolution. From banking to transportation in the physical business world, and from social media to e-commerce on the digital business […]
Machine Learning Transformed: Data Quality and Operational Necessities
Machine learning elicits mixed reactions. On the one hand, some consider machine learning a company’s new super power that has “swept enterprise technology, using mass amounts of data and algorithms to make predictions.” At the same time machine learning has been considered an overhyped fad and a panacea, failing to deliver. While both can be […]
Data Strategy and Machine Learning: How Do They Intersect?
With the tremendous growth of business data in terms of volume, size, and complexity, it is imperative that global enterprises develop a strong Data Strategy to address their core business needs. However, a realistic Data Strategy has to incorporate a clear road map with milestones, so that strategy documents do not end up as digital […]
Artificial Intelligence, Machine Learning, and Deep Learning Explained
The first reference to artificial intelligence was in a paper written by Alan Turing in 1950, entitled Computing Machinery and Intelligence, where he asked the question, “Can machines think?” Turing’s article, as well as a 1977 paper entitled History of Artificial Intelligence by P. McCorduck are recommended reading for those wanting a greater understanding of […]