Wed.Jun 22, 2022

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Data Visualisation: Alluvial Diagram vs. Sankey Diagram

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Most people tend to have a very minimal set of information about Alluvial and Sankey diagrams. The reality is that the two diagrams have superficial similarities to each other. On the flip side, the two diagrams are completely different, underlying superficial assumptions. […].

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Domo Enables Real-Time Collaboration for Analytics

David Menninger's Analyst Perspectives

Organizations are constantly trying to streamline and optimize business data to solve complex problems and identify opportunities to increase revenue and accelerate business growth. The data is usually stored in multiple systems with various data governance rules, which makes it complicated to democratize data and analytics within an organization. The most pressing concerns cited by participants in our Analytics and Data Benchmark Research include difficulty integrating with business processes,

Analytics 246
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Gradio App for Detecting Whether the Audio Content is Sexist

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Sexism is discrimination or prejudice based on an individual’s gender. It has to do with the beliefs that one sex is worthier to or more valuable than the other, and the roles that each should play in society. It, like other forms […]. The post Gradio App for Detecting Whether the Audio Content is Sexist appeared first on Analytics Vidhya.

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A Complete Guide On How To Set Smart KPI Targets And Goals

datapine

Table of Contents. 1) What Are KPI Goals? 2) What Are KPI Targets. 3) Benefits Of Setting KPIs Targets & Goals. 4) How To Set KPIs Targets? 5) How To Implement A KPI System? 6) KPI Targets Examples. In a world where data represents a major competitive advantage for businesses, the need to monitor performance based on specific goals and targets is critical.

KPI 152
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The Executive Guide to Generative AI

Generative AI is taking the world by storm, but the questions that all CEOs, data leaders, and AI leaders are being asked are: What are we going to do about it, and what is our plan? The business and creative possibilities are practically limitless with generative AI. From productivity gains to finding new routes to revenue generation, generative AI is going to radically transform how we work.

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GATO – A New Generalist Artificial Intelligence Agent

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction The simulation of human intelligence processes by machines, particularly computer systems, is known as artificial intelligence. Expert systems, natural language processing, speech recognition, machine learning, and machine vision are examples of AI applications. For these above tasks, we are using different types […].

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Exploring the Advantages of Deploying DPUs in the Data Center

CIO Business Intelligence

One of the newer technologies gaining ground in data centers today is the Data Processing Unit (DPU). As VMware has observed , “In simple terms, a DPU is a programable device with hardware acceleration as well as having an ARM CPU complex capable of processing data. Today the DPU is available as a SmartNIC (PCIe Form Factor) that can be plugged in to a server and help with several functions.” .

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5 common consultant negotiation tactics and how to protect your interests

CIO Business Intelligence

To execute a successful digital transformation initiative, you are likely to establish consulting provider relationships. A key step in creating an effective and meaningful relationship is establishing mutually aligned expectations and a commercial agreement. This takes planning. Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit.

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Top 10 Web 3.0 Technologies that will Shape our Future World

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction The internet has come a long way since Web 1.0. Hypertext Markup Language (HTML) defines the layout and delivery of websites in Web 1.0 and Web 2.0 technologies. With Web 3.0, HTML will remain a core layer, but how it connects to […]. The post Top 10 Web 3.0 Technologies that will Shape our Future World appeared first on Analytics Vidhya.

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From CIO to consultant: IT leaders on making the shift

CIO Business Intelligence

The CIO role can open a lot of doors for career growth. When they’re ready to move on from leading IT operations at their organization, CIOs can shift into another C-suite position, take a leadership role at a technology vendor, start up their own venture, or leave the corporate environment altogether. For some, consulting is the way to go, whether through the creation of their own advisory firm or joining an existing consultancy.

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Introduction to Energy Analytics 101

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction AI and machine learning are two of our time’s buzz-worthy business terms. As a result, businesses across all industries are looking to implement these technologies to improve and automate their core processes. And the energy industry is no exception. Renewable energy companies […].

Analytics 317
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From Hadoop to Data Lakehouse

Getting off of Hadoop is a critical objective for organizations, with data executives well aware of the significant benefits of doing so. The problem is, there are few options available that minimize the risk to the business during the migration process and that’s one of the reasons why many organizations are still using Hadoop today. By migrating to the data lakehouse, you can get immediate benefits from day one using Dremio’s phased migration approach.

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Huawei’s 20-year journey in Malaysia

CIO Business Intelligence

Malaysia entered the digital era in 1996 with the introduction of the Multimedia Super Corridor. Since then, the country has recorded many success stories, attracting both domestic and foreign companies working in Information and Communications Technology (ICT) to invest and set up operations across various economic zones. It was also this early initiative that enabled Malaysia to adopt and embrace the Fourth Industrial Revolution (IR 4.0), a key enabler in the transformation and advancement of

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5 Best Free AI-Based Video Editing Software Applications for 2022

Smart Data Collective

Artificial intelligence technology has many implications for the fields of marketing and multimedia. Many marketers are using AI to create higher quality video content. What Are the Benefits of AI Technology with Video Editing? Video content is becoming more and more popular these days. According to Wyzowl , people now watch approximately 19 hours of online video per week.

Software 108
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Machine Learning Is Not Like Your Brain Part 4: The Neuron’s Limited Ability to Represent Precise Values

KDnuggets

In the fourth installment, we focus on a fundamental issue: it is difficult to represent numerical values in neurons and impractical to represent them with precision.

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Q&A: Leading IT in a high-volume M&A environment

CIO Business Intelligence

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. The company, which has more than 8,500 employees, plans to continue growing by acquisition, and consolidating the global insurance market. I recently spoke with CIO Sankha Ghosh about how he has made IT part of the acquisition machine at AssuredPartners and how his team still finds time to innovate.

IT 105
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The Forrester Wave™: AI/ML Platforms: Vendor Strategy, Market Presence, and Capabilities Overview

As enterprises evolve their AI from pilot programs to an integral part of their tech strategy, the scope of AI expands from core data science teams to business, software development, enterprise architecture, and IT ops teams. Enterprises need a platform that can make broader AI teams more productive, implementing more complex use cases and harnessing the fast pace of new AI technologies.

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Big Data Leads to the Possibility of a Cashless Society

Smart Data Collective

The financial sector is among the industries most affected by developments in big data. A study by Allied Market Research has found that the market for financial analytics services will be worth nearly $20 billion by 2030. This market doesn’t seem to even include a number of new services financial institutions use that rely on big data. Nor does it seem to cover some of the ways independent businesses are using big data to improve their financial management services.

Big Data 104
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Digital Leadership — Outlook and Trends

CIO Business Intelligence

With a career that spans over four decades, Alex Siow is well-known as Singapore’s first Chief Information Officer in the 1990s. He is the author of Leading with IT: Lessons from Singapore’s First CIO , which is written for the next generation of CIOs, CTOs, and other executives who work closely with technology. It offers practical tips, case studies, and personal insights that shed light on the central competencies required of CIOs.

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Data Science Career: 7 Expectations vs Reality

KDnuggets

Let’s get into some of the expectations of data scientists – and the reality they face.

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Leading innovation in digital infrastructure for a digital and sustainable APAC

CIO Business Intelligence

From public utilities and transportation to education and public health, infrastructure lies at the very foundation of national economic development. Indeed, for every forward step human society has made, infrastructure has always played an extremely important — nay, critical — role. As we accelerate toward the intelligent world, digital infrastructure therefore has a central part to play.

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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Are You Ready for Cloud Regulations?

Cloudera

Across the globe, cloud concentration risk is coming under greater scrutiny. The UK HM Treasury department recently issued a policy paper “ Critical Third Parties to the Finance Sector.” The paper is a proposal to enable oversight of third parties providing critical services to the UK financial system. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the p

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Talent and technology lay the foundation for Asia’s digital economy

CIO Business Intelligence

The digital economy has kicked into gear. As it does so, we’re witnessing increasing collaboration between education, science, Information and Communications Technology (ICT), and industries across all sectors, helping to navigate the transformation journey of organizations of all sizes. Digital talent development has therefore become paramount. Asia’s Huge Potential .

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Embedded BI Can Encourage Data Literacy!

Smarten

Technology research and consulting firm, Gartner, predicts that, ‘By 2023, data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’. One of the best ways to encourage and improve data literacy is to implement a digital transformation strategy that encourages business users to leverage data from across the enterprise to analyze results, understand the impact of a

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ICT infrastructure ignites the growth of the digital-first economy

CIO Business Intelligence

The pandemic has brought significant challenges to everyday life, also throwing a spotlight on the digital divide and the urgent need for socially balanced services, inclusive education, and industrial development addressed through digital technology infrastructure. The future will be resolutely digital first, with this technology and infrastructure driving economic growth and green development.

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10 Keys to AI Success in 2023

An organization’s path to AI success can be full of obstacles, from a proper assessment of its own AI maturity, to a better alignment between business and technical teams, many factors can influence the outcomes. All of this is tightly intertwined with a myriad of complicated technical decisions that can make or break any long-term AI strategy. While AI progress is hard, companies don’t have to get stuck in an endless loop of inertia on their path to value-driven AI.

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KDnuggets News, June 22: Primary Supervised Learning Algorithms Used in Machine Learning; Top 15 Books to Master Data Strategy

KDnuggets

Primary Supervised Learning Algorithms Used in Machine Learning; Top 15 Books to Master Data Strategy; Top Data Science Podcasts for 2022; Prepare Your Data for Effective Tableau & Power BI Dashboards; Generate Synthetic Time-series Data with Open-source Tools.

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Why must CIOs invest in business analysts to obtain better project outcomes?

CIO Business Intelligence

According to the PMI Pulse of the Profession report , inaccurate requirements as a result of poor or missing business analysis processes are the second leading cause of project failure (39%), the first reason being changes in an organization’s priorities (41%). There’s no second thought that the requirement’s quality largely determines the end-product quality.

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Speed up Machine Learning with Fast Kriging (FKR)

KDnuggets

Machine Learning has revolutionized the world, yet expensive computation costs on model trainings are often a large limitation, especially for large data sets or elevated precisions. VMC Consulting offers a new algorithm called Fast Kriging (FKR), which allows to train models with the high precision of Kriging at a speed 100+ times faster, without compromising precision, for any data set size.

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A Window Into the Future of Data in Motion and What It Means for Businesses

CIO Business Intelligence

Modern businesses have vast amounts of data at their fingertips and are acutely aware of how enterprise data strategies positively impact business outcomes. Despite this, only a handful of organisations interact with all stages of the data life cycle process to truly distill information that distinguishes future-ready businesses from the rest. Much potential remains untapped when businesses do not translate their data into actionable insights from the point it is created, eroding the usefulnes

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

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Diversity in Outcome Optimization of ML Models

Dataiku

ML outcome optimization is the process of finding optimal feature values that give the model prediction minimum (or maximum) over a defined space. For black-box ML models, we cannot assume any of the usual smoothness properties for optimization, such as convexity or even differentiability. Therefore, powerful standard optimization techniques, like gradient descent, are not applicable, and it is common to use meta-heuristics such as evolutionary algorithms.

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Toward sustainable recovery and development in Thailand

CIO Business Intelligence

At the Asia-Pacific Innovation Day — Digital Talent Summit, Professor Dr. Sirirurg Songsivilai delivered a keynote speech to address the cultivation of digital talent and advancing ongoing collaborations in the region. This is an edited version of his speech. Even though we find ourselves still in the thick of the COVID-19 pandemic, there is light at the end of the tunnel.

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Analytics in Emerging Industries: Why ‘Building’ was the Wrong Move for a Cannabis Startup

Jet Global

Analytics are vital in all verticals – even emerging ones such as the cannabis industry. When Jenna Greenfield founded Sagely, a finance and accounting platform for cannabis entrepreneurs, she learned firsthand the challenges that come with building out an analytics platform from scratch. Recently, Ryan MacCarrigan, lean startup coach and Founding Principal at LeanStudio, spoke with Jenna to learn more about how Sagely came about.

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From technology to talent: Building a strong ecosystem for the digital age in Singapore

CIO Business Intelligence

The COVID-19 pandemic may have accelerated the adoption of Information and Communications Technology (ICT) in Singapore, but that has left vulnerable groups even further behind in the digital era. Huawei firmly believes that technological advancement should benefit everyone, regardless of race, gender, or economic status. No One Should Be Left Behind in Today’s Digital World.

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.