The shift in the business perception of data has now catapulted Data Management into new heights. Data Science is a core component of Data Management now, but Data Management and Data Science are often seen as two different activities. Working among data analysts, data engineers, and DBAs, data scientists spend their time getting the data […]
Data Scientist vs. Data Engineer
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 […]
3 Strategies for Creating a Successful MLOps Environment
Disconnects between development, operations, data engineers, and data science teams might be holding your organization back from extracting value from its artificial intelligence (AI) and machine learning (ML) processes. In short, you may be missing the most essential ingredient of a successful MLOps environment: collaboration. For instance, your data scientists might be using tools like JupyterHub or […]
How to Become a Data Scientist
Becoming a data scientist does not necessarily require a master’s degree. There is a significant shortage of data scientists, and some employers are comfortable hiring people who lack a degree, but have the experience needed. The majority of employed data scientists have a master’s degree, but over 25% do not. If you have the experience, […]
Working Towards Explainable AI
“The hardest thing to understand in the world is the income tax.” This quote comes from the man who came up with the theory of relativity – not exactly the easiest concept to understand. That said, had he lived a bit longer, Albert Einstein might have said “AI” instead of “income tax.” Einstein died in […]
Machine Learning Models for Classification Tasks
In the field of machine learning, regression algorithms and classification algorithms are two important topics that lay a good foundation for people who want to advance their careers in the fields of Data Science or Machine Learning. Regression algorithms are methods that predict a continuous output (e.g., the price of a house), and classification algorithms are methods […]
Using Big Data Analytics to Combat White-Collar Crime
In the era of globalized markets, burgeoning international trade, complex financial systems, ever-evolving compliance and regulatory landscapes, and rapid technology advancement, white-collar crime has unfortunately seen a significant uptick in scale, variety, and sophistication. Whereas white-collar crime used to conjure images of high-flying executives stealing from company coffers, the modern landscape is much more complex, […]
A Brief History of Deep Learning
Deep Learning, is a more evolved branch of machine learning, and uses layers of algorithms to process data, and imitate the thinking process, or to develop abstractions. It is often used to visually recognize objects and understand human speech. Information is passed through each layer, with the output of the previous layer providing input for […]
Why Synthetic Data Still Has a Data Quality Problem
According to Gartner, 85% of Data Science projects fail (and are predicted to do so through 2022). I suspect the failure rates are even higher, as more and more organizations today are trying to utilize the power of data to improve their services or create new revenue streams. Not having the “right” data continues to prevent […]