It’s been an exciting year in AI, machine learning, and NLP, with text-to-image generators and large language models delivering some very impressive results and a lot of promise for the future – while noting all of the important caveats about their shortcomings including mitigating societal biases, the possibility of them being used to generate “fake […]
2023 Predictions: The Rise of Data and AI
The increasing complexity of a digital-first world shows no sign of abating in 2023. And with looming economic uncertainty, organizations will turn to technology as they navigate concerns. We believe that data and AI will ultimately determine business success. Those organizations able to harness the vast volume of data and turn it into actionable insights […]
How to Become a Certified Data Management Professional
With the field of Data Management constantly evolving and becoming increasingly competitive, getting certified as a data professional helps you stand out from the crowd. The certification process requires applicants to demonstrate their knowledge and understanding of various areas of Data Management, such as database design, data modeling, data governance, programming, analytics, and data visualization. Many […]
What to Look for When Hiring a Data Analyst
Data analysts are specialists in statistics, mathematics, and computer science, enabling them to serve in a variety of departments, including operations analysis, financial analysis, and marketing analysis. A data analyst interprets data to influence business strategy, permitting firms to make data-driven pricing, scheduling, and other operational choices. Why Hire a Data Analyst? As declining margins, increased commoditization, […]
Why Leveraging Unstructured Data and AI Will Be Key to Customer Success in 2023
Analysts like IDC and Deloitte estimate that up to 80% of the world’s data is unstructured text data, which makes getting valuable insights out of this type of data a huge challenge. Worse, customers can’t easily find the right answers to address their product and service-related questions that are hidden in large amounts of support documents. As a result, employees […]
Create a Thorough Plan and Training Strategy for Citizen Data Scientists
As a business owner, executive, or manager, you are likely aware of the term “citizen data scientists.” Perhaps you have even implemented this type of initiative in your organization. While business journals and industry and technology publications discuss the advantages of the citizen data scientist approach, many businesses fail to get the most out of […]
What Makes a Great Data Scientist in 2023?
A great data scientist combines expert knowledge of various interrelated academic disciplines to help global enterprises make agile decisions for improved business performance. Data scientists use statistics, mathematics, data mining, and computer science to analyze data sets for observable trends and patterns. They are also experts in data collection and storage methods. The Bureau of Labor Statistics had predicted […]
Data Science and Privacy: Defending Sensitive Data in the Age of Analytics
When big data began getting corporate attention in the late 2000s, the idea of data privacy was considered lavish and exotic. The public was less concerned about securing their data assets and was only fascinated by the fact that the interconnected digital world would change their lives forever. As we soon step into 2023, the […]
Interactive Bioactivity Prediction with Multitask Neural Networks
A CHEMBL-OG post, Multi-task neural network on ChEMBL with PyTorch 1.0 and RDKit, by Eloy, from way back in 2019 showed how to use data from ChEMBL to train a multitask neural network for bioactivity prediction – specifically to predict targets where a given molecule might be bioactive. Eloy has links to more info in his […]
How to Democratize Data Science
Efforts to democratize Data Science can be described as creating an environment that allows people with little expertise to perform Data Science research. This approach can be especially useful for businesses desperate to access the skills of a data scientist, but unable to hire one. A variety of user-friendly analytics tools have become available to support staff […]