December, 2022

article thumbnail

XAI: Accuracy vs Interpretability for Credit-Related Models

Analytics Vidhya

Introduction The global financial crisis of 2007 has had a long-lasting effect on the economies of many countries. In the epic financial and economic collapse, many lost their jobs, savings, and much more. When too much risk is restricted to very few players, it is considered as a notable failure of the risk management framework. […]. The post XAI: Accuracy vs Interpretability for Credit-Related Models appeared first on Analytics Vidhya.

Modeling 395
article thumbnail

Recognize and Plan for the AI and Machine Learning Skills Gap

David Menninger's Analyst Perspectives

Recently, I suggested you need to “ mind the gap” between data and analytics. This perspective addresses another gap — the gap in skills between business intelligence (BI) and artificial intelligence/machine learning (AI/ML).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Can AI-Powered RPA and IA Mean For Businesses?

KDnuggets

RPA and IA have stunned the business world by availing impressive, intelligent automation capabilities for scales of businesses across industries, which we'll know in this blog.

160
160
article thumbnail

IT leaders face reality check on hybrid productivity

CIO Business Intelligence

CIO Ted Ross believes the honeymoon is over for breakneck productivity when it comes to hybrid work, and he’s not the only one. Tech employees at the City of Los Angeles IT agency who were forced to work remotely in the early pandemic days were very efficient, Ross says. “Fully into the pandemic we had a 34% increase in project delivery,” he adds. But since then, productivity and innovation have waned, in part because of fading relationships between once in-person teams, along with a slew of new

IT 145
article thumbnail

Beyond the Basics of A/B Tests: Innovative Experimentation Tactics You Need to Know as a Data or Product Professional

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.

article thumbnail

10 Technical Blogs for Data Scientists to Advance AI/ML Skills

DataRobot Blog

Savvy data scientists are already applying artificial intelligence and machine learning to accelerate the scope and scale of data-driven decisions in strategic organizations. These data science teams are seeing tremendous results—millions of dollars saved, new customers acquired, and new innovations that create a competitive advantage. Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results.

article thumbnail

5 Current Trends in Big Data for 2022 and Beyond

Smart Data Collective

The world of big data is constantly changing and evolving, and 2021 is no different. As we look ahead to 2022, there are four key trends that organizations should be aware of when it comes to big data: cloud computing, artificial intelligence, automated streaming analytics, and edge computing. Each of these trends will continue to shape the way companies use data in the coming years.

Big Data 138

More Trending

article thumbnail

Cloud Computing Realities Part 4 — Security and Governance

David Menninger's Analyst Perspectives

In previous perspectives in this series, I’ve discussed some of the realities of cloud computing including costs , hybrid and multi-cloud configurations and business continuity. This perspective examines the realities of security and regulatory concerns associated with cloud computing. These issues are often cited by our research participants as reasons they are not embracing the cloud.

Risk 268
article thumbnail

Data Science Minimum: 10 Essential Skills You Need to Know to Start Doing Data Science

KDnuggets

Data science is ever-evolving, so mastering its foundational technical and soft skills will help you be successful in a career as a Data Scientist, as well as pursue advance concepts, such as deep learning and artificial intelligence.

article thumbnail

IT’s ‘war for talent’ is a losing battle

CIO Business Intelligence

It has been almost 25 years since McKinsey & Co. introduced the term “talent war” to the world. For almost a quarter of a century CIOs have been locked in a Sisyphean battle to attract and retain the IT talent necessary to create competitive advantage. Every year, “talent” is one of the top challenges facing IT organizations. Every year, lack of critical IT skills is blamed for failure to deliver the full promise of IT investments.

Strategy 145
article thumbnail

The importance of governance: What we’re learning from AI advances in 2022

IBM Big Data Hub

Over the last week, millions of people around the world have interacted with OpenAI’s ChatGPT, which represents a significant advance for generative artificial intelligence (AI) and the foundation models that underpin many of these use cases. It’s a fitting way to end what has been another big year for the industry. We’re at an exciting inflection point for AI.

article thumbnail

The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Communication

Speaker: David Bard, Principal at VP Product Coaching

In the fast-paced world of digital innovation, success is often accompanied by a multitude of challenges - like the pitfalls lurking at every turn, threatening to derail the most promising projects. But fret not, this webinar is your key to effective product development! Join us for an enlightening session to empower you to lead your team to greater heights.

article thumbnail

How to Plan a Cybersecurity Strategy for Your Small Business

Smart Data Collective

Do you think a small business owner need not worry about cyberattacks? 46% of all cyberattacks impact businesses with less than 1000 employees. Small businesses have fewer resources to invest in the security paradigm. That’s why; hackers find it easy to attack such vulnerable systems instead of large corporations who have spent millions of dollars on cybersecurity.

Strategy 128
article thumbnail

Explaining MLOps using MLflow Tool

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction In this article, we will be seeing MLOps from the dimension of one of the powerful tools that make it easy to implement. These tool help to improve the deployment process for robust machine-learning projects. We will start by briefly seeing MLOps […]. The post Explaining MLOps using MLflow Tool appeared first on Analytics Vidhya.

article thumbnail

Sisense is Sensible for Embedded Analytics and BI

David Menninger's Analyst Perspectives

Embedded business intelligence (BI) continues to transform the business landscape, enabling organizations to quickly interpret data and convert it into actionable insights. It allows organizations to extract information in real time and answer wide-ranging business questions. Embedding analytics helps tackle the issue of extracting information from data which is a time-consuming process.

Analytics 246
article thumbnail

More Data Science Cheatsheets

KDnuggets

It's time again to look at some data science cheatsheets. Here you can find a short selection of such resources which can cater to different existing levels of knowledge and breadth of topics of interest.

article thumbnail

Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

article thumbnail

PepsiCo transforms for the digital era

CIO Business Intelligence

For any IT leader new to an organization, gaining employee trust is paramount — especially when, like PepsiCo’s Athina Kanioura, you’ve been brought in to transform the way work gets done. Kanioura, who was hired away from Accenture two years ago to serve as the food and beverage multinational’s first chief strategy and transformation officer, says earning employee trust was one of her greatest challenges in those early months.

article thumbnail

Bold 2023 Data Predictions

TDAN

Special thank you to Altair for providing the following set of bold predictions for 2023. The data world continues to change rapidly and you may want to consider these predictions when planning for the new year. The rise of generative AI startups: Generative artificial intelligence exploded in 2022. In this next year, we will see text […].

article thumbnail

Big Data Analytics in eLearning: Aspects Everyone Should Know

Smart Data Collective

With technological advancement, data revolutionizes many business processes. Experts assert that one of the leverages big businesses enjoy is using data to re-enforce the monopoly they have in the market. Big data is large chunks of information that cannot be dealt with by traditional data processing software. It needs to be analyzed with premium tech tools to deduce insights germane to user experience as well as scaling businesses.

Big Data 117
article thumbnail

Comparison of Text Generations from GPT and GPT-2

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Source: Canva Introduction The real-world data can be very messy and skewed, which can mess up the effectiveness of the predictive model if it is not addressed correctly and in time. The consequences of skewness become more pronounced when a large model is […]. The post Comparison of Text Generations from GPT and GPT-2 appeared first on Analytics Vidhya.

article thumbnail

Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

article thumbnail

Safety First: Using vehicle data to make us all better drivers

Teradata

Vehicle data is invaluable in improving the safety & safe operation of vehicles for their occupants & other drivers. The next gen of vehicles will use real-time analysis to make driving even safer.

105
105
article thumbnail

How To Overcome The Fear of Math and Learn Math For Data Science

KDnuggets

Many aspiring Data Scientists, especially when self-learning, fail to learn the necessary math foundations. These recommendations for learning approaches along with references to valuable resources can help you overcome a personal sense of not being "the math type" or belief that you "always failed in math.".

article thumbnail

The Top Cloud Security Threat Comes from Within

CIO Business Intelligence

One of the biggest cloud security threats your company faces isn’t malicious. In fact, it originates from inside your IT organization. Accidental misconfigurations pose one of the leading security vulnerabilities IT organizations contend with in the cloud. According to a recent study , 79% of companies had experienced a cloud data breach in the past 18 months—and 67% of respondents had identified security misconfiguration as the top security threat.

Risk 142
article thumbnail

Hot Takes From Dataiku Experts: What’s Worth the Hype When It Comes to Data Science and ML?

Dataiku

Time and time again, we hear how organizations are increasingly investing in AI, but struggling to generate (and maintain) actual business impact from their analytics and AI projects. With their heads down on a scaling AI journey, how can they sift through what’s actually worth the resources versus what’s purely hype?

article thumbnail

Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity

Speaker: Nicholas Zeisler, CX Strategist & Fractional CXO

The first step in a successful Customer Experience endeavor (or for that matter, any business proposition) is to find out what’s wrong. If you can’t identify it, you can’t fix it! 💡 That’s where the Voice of the Customer (VoC) comes in. Today, far too many brands do VoC simply because that’s what they think they’re supposed to do; that’s what all their competitors do.

article thumbnail

Discover the Power of Analytical Insights in Your Business Data

Smart Data Collective

Data analytics is not a new term, as it’s the same as interpreting information. It has been going on in various fields for many years and is now being incorporated into the business. The primary purpose is to predict or have future insights. Today, business data and analytical insights are the most sought-after to increase revenue and improve corporate decisions.

Analytics 113
article thumbnail

A Guide to Vyper and its Environments

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction From the current trends in technology, a lot is likely to become more sophisticated. One area we will look at is the new technology known as Vyper, which is a programming language for developing apps on the web 3. This type of […]. The post A Guide to Vyper and its Environments appeared first on Analytics Vidhya.

IT 367
article thumbnail

Data Trends to Watch in 2023

TDAN

Your business doesn’t stay still— and neither does the data landscape. While the next 12 months will no doubt contain many surprises, twists, and turns, one thing is certain. Data will continue passing through the veins of business industries and economies. With even more channels, at greater velocities, and containing even more insights, organizations will have […].

article thumbnail

We Don’t Need Data Scientists, We Need Data Engineers

KDnuggets

As more people are entering the field of Data Science and more companies are hiring for data-centric roles, what type of jobs are currently in highest demand? There is so much data in the world, and it just keeps flooding in, it now looks like companies are targeting those who can engineer that data more than those who can only model the data.

article thumbnail

The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

article thumbnail

Due diligence is ever more critical as the battle for cloud sovereignty intensifies

CIO Business Intelligence

In the last few weeks, the IT industry has seen some very interesting activity from global hyperscale cloud providers surrounding their cloud sovereignty ambitions, and their scrutiny by the regulators covering some basics compliance requirements, like the European Union’s (EU) General Data Protection Regulation (GDPR) Firstly, AWS made a public pledge called the “AWS Digital Sovereignty Pledge”, consisting of a commitment to provide “the most advanced set of sovereignty controls and features

Risk 139
article thumbnail

Unleashing the Power of Decision Science

Dataiku

When you get to the root of it, understanding what it really means to be data driven is not as clear as it could or should be for many. At Dataiku’s Everyday AI Conference in London, Robert Bates, Head of Decision Science at Curry’s , shared his personal experience of understanding the meaning and power of data-driven decision science through the creation and evolution of data-centric processes at Curry’s.

article thumbnail

The Role of Cloud Computing in Patient Engagement in Healthcare

Smart Data Collective

Cloud technology is changing the state of the healthcare sector. A number of hospitals are using the cloud for a variety of purposes, including improving data scalability, offering employees the opportunity to work remotely and improving patient engagement. Due to these many benefits, healthcare organizations are expected to spend over $128 billion on cloud services this year.

article thumbnail

Join us for free for upcoming DataHour Sessions

Analytics Vidhya

Introduction Having Technical skills and knowledge is one of the best ways to get a hike in your career path. Keeping this in mind, many working professionals and students have started upskilling themselves. But you need to brush up on your Technical skills periodically to get the latest knowledge. To upskill yourself, and expand your […]. The post Join us for free for upcoming DataHour Sessions appeared first on Analytics Vidhya.

Analytics 361
article thumbnail

How to Build an Experimentation Culture for Data-Driven Product Development

Speaker: Margaret-Ann Seger, Head of Product, Statsig

Experimentation is often seen as an aspirational practice, especially at smaller, fast-moving companies who are strapped for time and resources. So, how can you get your team making decisions in a more data-driven way while continuing to remain lean and maintaining ship velocity? In this webinar, Margaret-Ann Seger, Head of Product at Statsig, will teach you how to build an experimentation culture from the ground-up, graduating from just getting started with data-driven development to operating