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 […]
Exploring a Chemistry Ontology
Click to learn more about author Martyna Pawletta. We are often asked if it’s possible to work with ontologies. By “work with ontologies,” people can mean many different things, but let’s focus today on one particular ontology and basic tasks, including reading and querying ontologies to create an interactive tool at the end. For this purpose, today, we dive […]
7 Essential Data Science Skills for Every Employee
First and foremost, what, exactly, is Data Science? Data Science is a multidisciplinary field that uses processes, algorithms, and systems to obtain various insights coming from both structured and unstructured data. It is related to data mining, machine learning, and big data. What Data Science skills are essential for success – for not only data […]
What Is Data Science?
Data Science is a combination of scientific disciplines “to build predictive models that explore data content patterns,” according to the Data Management Body of Knowledge (DMBoK). Data Science, formerly known as applied statistics: “Integrates methods from mathematical, statistical, computer science, signal processing, probability modelling, pattern recognition machine learning, uncertainty modeling and data visualization towards gaining […]
Deep Learning Demystified
The “deep” in deep learning refers to the number of hidden layers involved in the design. Deep learning is a way of training artificial intelligence (AI) to recognize specific data, such as speech or faces, and to make predictions based on previous experiences. Unlike machine learning, which organizes and sends data through predefined algorithms, deep […]
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 […]
Prescriptive Analytics Use Cases
The term “prescriptive analytics” denotes the use of many different disciplines such as AI, mathematics, analytics, or simulations to advise the user whether to act, and what course of action to take. In that sense, prescriptive analytics offers an advisory function regarding the future, rather than simply “predicting” what is about to happen. This newer […]
Re-imagining the Business with Artificial Intelligence
Artificial Intelligence (AI) will be a strategic capability and competitive advantage, no doubt. Statistics speak to that point. According to AI startup advisor Steve Ardire during his presentation (co-presented with Mico Yuk) at the DATAVERSITY® Enterprise Data World Conference titled “Why Enterprise Organizations Use AI as a Strategic Capability and Competitive Advantage,”AI is expected to […]
Citizen Data Scientists: Where Do They Belong?
The phenomenal growth of data technology in recent years has led to the rise of the citizen data scientists (CDS). Developments in augmented analytics and artificial intelligence (AI) automation have now made it possible for ordinary business employees to conduct advanced analytics or business intelligence (BI) which would have required expert knowledge even some years […]