Thu.Sep 12, 2019

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Classification vs Prediction

KDnuggets

It is important to distinguish prediction and classification. In many decision-making contexts, classification represents a premature decision, because classification combines prediction and decision making and usurps the decision maker in specifying costs of wrong decisions.

IT 119
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Power BI vs. Tableau: Self-service analytics tools compared

CIO Business Intelligence

Business intelligence (BI) and analytics platforms have long been a staple for business, but thanks to the rise of self-service BI tools, responsibility for analytics has shifted from IT to business analysts, with support from data scientists and database administrators.

Analytics 106
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There is No Free Lunch in Data Science

KDnuggets

There is no such thing as a free lunch in life or data science. Here, we'll explore some science philosophy and discuss the No Free Lunch theorems to find out what they mean for the field of data science.

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Exponential Organizations Start with Internal Business Process Modeling

erwin

Strong internal business process modeling and management helps data-driven organizations compete and lead. In short, an internal business process is a documented account of how things should be done to maximize efficiency and achieve a particular goal. In the book “Exponential Organizations” by Salim Ismail, Michael S. Malone and Yuri van Geest , the authors, examine how every company is or will evolve into an information-based entity in which costs fall to nearly zero, abundance replaces scarci

Modeling 101
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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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Ensemble Methods for Machine Learning: AdaBoost

KDnuggets

It turned out that, if we ask the weak algorithm to create a whole bunch of classifiers (all weak for definition), and then combine them all, what may figure out is a stronger classifier.

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Five Steps for Building a Successful BI Strategy

Sisense

Blog. We’ve been talking a lot recently about companies needing to use their data in order to stay in business in the future. We’ve even gone as far as saying that every company is a data company , whether they know it or not. And every business – regardless of the industry, product, or service – should have a data analytics tool driving their business.

More Trending

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A Friendly Introduction to Support Vector Machines

KDnuggets

This article explains the Support Vector Machines (SVM) algorithm in an easy way.

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How a Baby Boomer Became a Data Scientist at 60

DataCamp

You can become a data scientist at any age if you’re willing to put in the work.

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Clearsense chooses Io-Tahoe’s Smart Data Discovery to navigate healthcare data challenges

KDnuggets

Io-Tahoe, a pioneer in Smart Data Discovery and AI-Driven Data Catalog products, has announced that Clearsense, a scalable data platform as a service built for healthcare, has chosen the smart data discovery platform to automatically discover and catalog relationships across immense amounts of medical and clinical data.

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5 Ingenious Big Data Strategies To Skyrocket Email Marketing Conversions

Smart Data Collective

Big data is playing an essential role in virtually every facet of the digital marketing sphere. You can use big data to get higher conversion rates with any digital marketing medium, including email marketing. The ROI of email marketing is exceptional already. The average email marketer realizes a return of 3,700%. This figure can be a lot higher if you use big data to properly optimize your campaigns.

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Understanding User Needs and Satisfying Them

Speaker: Scott Sehlhorst

We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.

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IBM z15: The Next Generation Expands Z Capabilities for Security in Hybrid Clouds

Hurwitz & Associates

By Jean S. Bozman. IBM applied the design thinking to its flagship IBM Z mainframe system, the IBM z15. Based on customer feedback over the last four years, IBM has made management easier and provides administrators greater visibility into the system, while supporting cloud-native development, containers and migration to hybrid clouds. The system includes 25% more memory and capacity build than the z14.

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5 tech chiefs talk ‘pain points’ and transformation

CIO Business Intelligence

The push towards more intelligent - even invisible - networks is an exciting future and one we’re all working towards, according to a group of tech leaders during a recent CIO panel discussion at the Juniper Nxtwork 2019 event in Sydney. The panelists - including Willow CIO Will Sessions, Damian Madden, general manager, digital, of The Woolmark Company, Vincent ten Krooden, general manager of technology of Mortgage Choice, Stephen Kurzeja, Vocus CTO, and Sam Brock-Smith, general manager of solut

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What is OEE?

3AG Systems

OEE. It’s a term almost everyone in mining and manufacturing is familiar with, but one that very few would profess to truly understand. Its application seems almost too simple, yet its calculation can stump even the brightest leaders. An OEE definition and some broad applications OEE, or overall equipment effectiveness is like the headlamp on a miner’s helmet: It shines a bright light where you need to focus your work and highlights how best to do that work—so you can be as efficient (with your

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Understanding deep neural networks

O'Reilly on Data

The O’Reilly Data Show Podcast: Michael Mahoney on developing a practical theory for deep learning. In this episode of the Data Show , I speak with Michael Mahoney , a member of RISELab , the International Computer Science Institute , and the Department of Statistics at UC Berkeley. A physicist by training, Mahoney has been at the forefront of many important problems in large-scale data analysis.

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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10 Reasons to Move your Databases off 3-Tier Infrastructure

Nutanix

Your databases have been running on legacy IT infrastructure for years—decades, even. It’s a beast, but a familiar beast, and your IT team knows the ins-and-outs of the technology.

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Machine Learning Applications for Banking Fraud Detection

Dataiku

Fraud detection is one of the most pressing issues in banking. The U.S. Federal Trade Commission has logged millions of fraud-related complaints in the last five years ; the scale of the problem is incredible. As such, the potential gains from successful prevention are equally massive.

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10 Reasons to Move your Databases off 3-Tier Infrastructure

Nutanix

Your databases have been running on legacy IT infrastructure for years—decades, even. It’s a beast, but a familiar beast, and your IT team knows the ins-and-outs of the technology.

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ML And AI Drive Impressive Improvements In Background Checks

Smart Data Collective

The HR Technologist covers a lot of great information on big data and AI technology in the HR world. They recently published a great article on the utilization of machine learning and AI in employee background checks. Author Chiradeep BasuMallick said that an Israeli background check company has used machine learning to make the process much more accurate.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Simplified Subscription Management for AHV with Red Hat Satellite Server

Nutanix

Nutanix has supported Red Hat Enterprise Linux as a guest OS on AHV since our earliest days.