Gartner technology analysts predict that organizations leveraging augmented analytics solutions will grow at twice the rate of those that do not use these solutions. Those organizations that provide self-serve augmented analytics to their business users can achieve market goals and stay abreast of the competition with fact-based decision-making and a team that leverages analytics daily to make those […]
Assumptions in Regression: Why, What, and How
“Garbage in, garbage out” defines the importance of data in data science or machine learning in a nutshell. Incorrect input will yield meaningless results and screening data ensures we get comprehensible results. Before we start building models and generating insights, we need to ensure that the quality of the data we are working with is […]
Data Science vs. Machine Learning vs. AI
In the data economy, data is king. Today, any business – small, medium, or large – thrives on its data assets. The recent trend of offering data-driven insights as a service has opened up a profitable revenue channel for businesses. Cloud computing and hosted analytics have brought data-as-a-service to the desktops of ordinary business users, […]
A Field Guide for Launching and Growing a Career in Data Science
In recent years, the demand for data scientists has skyrocketed as organizations recognize the value of data-driven insights. Despite increased on-ramps and educational paths to a career in Data Science, there continues to be a concern amidst this increasing demand: the underrepresentation of women in Data Science and other science, technology, engineering, and mathematics (STEM) […]
A Picture Is Worth 1,000 Words: The Importance of Data Visualization
Have you ever heard the saying, “A picture is worth 1,000 words”? This statement holds especially true in the field of Data Science. Let’s say you are a data scientist at a top Fortune company, dealing with budget portfolio optimizations worth millions of dollars annually for various clients. It is essential to effectively communicate your […]
Are Data Scientists Needed in the Self-Service Analytics World?
As the world becomes increasingly data-driven, businesses are turning to self-service analytics to enable business users to perform their own data analysis tasks. In self-service analytics, business users can access and analyze data without assistance or support from IT personnel or data scientists. Direct access to ML-powered analytics platforms allows them to make better business […]
Why Geospatial Data Should Be Easily Accessible for Every Employee
Unlocking the power of geospatial data can give organizations a competitive edge, from optimizing supply chain logistics and enhancing customer experience to mitigating fraud and improving public health outcomes. But despite its far-reaching benefits, many organizations fail to fully harness geospatial data’s potential. Why? Because geospatial data is voluminous, complex, and often distributed across multiple […]
How to Build a Career in Data Science
Considering a career in Data Science? Good news: The U.S. Bureau of Labor Statistics estimates that the employment rate for data scientists will grow by 36% between 2021 and 2031, with 40,500 more jobs expected to be created in that time. As the amount of data generated globally increases at a rapid pace, so too does the […]
Will My Career Benefit from Becoming a Citizen Data Scientist?
As a team member within a business environment, you may be familiar with the term “citizen data scientist.” This term has been around for some time and was popularized by Gartner, which defines a citizen data scientist as “a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside […]
The Democratization of Data Science and AI: When Anyone Can Advance a Field
“The democratization of data science” or the “democratization of AI” have long been popular buzz phrases. “Citizen data scientists” poke through open-source datasets finding valuable insights and sharing them with the world out of an individual sense of curiosity. And although this absolutely does happen, the reality is most of the time these democratized advances have not […]