The global Business Intelligence and Analytics market this year has already reached or is nearing $16.9 Billion, according to Gartner. The BI and Analytics market has undergone a major transformation from an enterprise IT-led, record reporting system to business-driven self-service data explorations. This turnaround of trends in Business Intelligence (BI) and Analytics indicates a larger […]
The Future of Big Data: Smart Data Innovations and Challenges
Big Data with Advanced Analytics is now being used extensively to find patterns and trends, and to predict the results of certain activities, such as movements in the stock market through advanced processing techniques packaged together into the term Smart Data – or data with intelligence. Data Analytics, along with Data Science techniques, have become […]
Advanced Analytics 101: Beyond Business Intelligence
Trying to make sense of data is nothing new. Companies have been applying analytical methods since before the computer was invented. Once computers and storage became reasonably cheap and powerful, in the late 1980s, companies started using Business Intelligence (BI) software to try to find meaning in their data. Today’s Advanced Analytics go beyond the […]
Over a Third of Big Data Developers Working with Machine Learning
by Angela Guess A new release out of Evans Data reports, “Over a third (36%) of all developers who are actively working on Big Data or advanced analytics projects now use elements of machine learning according to Evans Data’s recently released Big Data and Advanced Analytics survey report. While the market for machine learning is […]
Don’t Fence Me In: Tensions on the Data Science Frontier
Click here to learn more about author James Kobielus. Data scientists can be a stubborn, proud, and independent lot. In their hearts, they’re new-age prospects whose primary occupation is to uncover hidden veins of insight buried deep in data. Self-starting genius is a great thing, but it’s not what pays the bills. In the new […]
Data Science Education at NCSU: Education with a Mission
The Master of Science in Analytics (MSA) at North Carolina State University (NCSU) is one of the oldest Data Science degrees in the country. The program began in 2007, with the school’s Institute for Advanced Analytics focused on supporting the success of its students. A presentation about the program at the school sets its ambitions […]
How to Be a Data Scientist: Data Science Skill Development
To the wide business community, a Data Scientist is one of those “data magicians,” who can acquire disparate data masses from diverse business functions; clean, massage, organize, and prepare the data; and, then exploit their inherent skills in mathematics, statistics, and Machine Learning to uncover hidden business insights and intelligence. The data used by a […]