November, 2022

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What are Smart Contracts in Blockchain?

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Source: Image by Gerd Altmann from Pixabay Smart contracts are blockchain-based computer programs that activate at predefined times. In most cases, they are used to eliminate the need for a third party during the execution of a contract, allowing all parties to […].

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7 enterprise data strategy trends

CIO Business Intelligence

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. As with just about everything in IT, a data strategy must evolve over time to keep pace with evolving technologies, customers, markets, business needs and practices, regulations, and a virtually endless number of other priorities.

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IBM Builds on Analytics and BI Foundation

David Menninger's Analyst Perspectives

In today’s data-driven world, organizations need real-time access to up-to-date, high-quality data and analysis to keep pace with changing market dynamics and make better strategic decisions. By mining meaningful insights from enterprise data quickly, they gain a competitive advantage in the market. Yet, organizations face a multitude of challenges when transitioning into an analytics-driven enterprise.

Analytics 253
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Systems Thinking and Data Science: a partnership or a competition?

Jen Stirrup

Information is pretty thin stuff, unless mixed with experience. – Clarence Day (1874–1935), American essayist. Why do organizations get stuck with their data? It is such a fundamental question. Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective.

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From Developer Experience to Product Experience: How a Shared Focus Fuels Product Success

Speaker: Anne Steiner and David Laribee

As a concept, Developer Experience (DX) has gained significant attention in the tech industry. It emphasizes engineers’ efficiency and satisfaction during the product development process. As product managers, we need to understand how a good DX can contribute not only to the well-being of our development teams but also to the broader objectives of product success and customer satisfaction.

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AI’s ‘SolarWinds Moment’ Will Occur; It’s Just a Matter of When

O'Reilly on Data

Major catastrophes can transform industries and cultures. The Johnstown Flood, the sinking of the Titanic, the explosion of the Hindenburg, the flawed response to Hurricane Katrina–each had a lasting impact. Even when catastrophes don’t kill large numbers of people, they often change how we think and behave. The financial collapse of 2008 led to tighter regulation of banks and financial institutions.

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How Much Math Do You Need in Data Science?

KDnuggets

There exist so many great computational tools available for Data Scientists to perform their work. However, mathematical skills are still essential in data science and machine learning because these tools will only be black-boxes for which you will not be able to ask core analytical questions without a theoretical foundation.

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Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

During the opening keynote at the recent Gartner IT Symposium in Barcelona, Gartner analysts said that CIOs should look to its latest moniker, IT for sustainable growth , to drive business transformation by focusing on three key strategies: ‘revolutionary work’ to empower the workforce, ‘responsible investment’ to balance financial and sustainability objectives, and ‘resilient cybersecurity’ to support business outcomes “without constraining them”.

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Mind the Gap Between Data and Analytics

David Menninger's Analyst Perspectives

If you’ve ever been to London, you are probably familiar with the announcements on the London Underground to “mind the gap” between the trains and the platform. I suggest we also need to mind the gap between data and analytics. These worlds are often disconnected in organizations and, as a result, it limits their effectiveness and agility.

Analytics 281
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What to Look for in a Data-Savvy Fintech Marketing Agency

Smart Data Collective

Big data technology has changed the future of marketing in a multitude of ways. A growing number of organizations are leveraging big data to get higher ROIs from their organic and paid marketing campaigns. As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021. The Fintech sector is among those most reliant on data-driven marketing.

Marketing 135
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Scoring More Goals in Football with AI: Predicting the Likelihood of a Goal Based on On-the-Field Events

DataRobot Blog

Can artificial intelligence predict outcomes of a football (soccer) game? In a special project created to celebrate the world’s biggest football tournament, the DataRobot team set out to determine the likelihood of a team scoring a goal based on various on-the-field events. My Dad is a big football (soccer) fan. When I was growing up, he would take his three daughters to the home games of Maccabi Haifa, the leading football team in the Israeli league.

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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.

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Introduction to Pandas for Data Science

KDnuggets

The Pandas library is core to any Data Science work in Python. This introduction will walk you through the basics of data manipulating, and features many of Pandas important features.

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How to Use DevOps Azure to Create CI and CD Pipelines?

Analytics Vidhya

This article was published as a part of the Data Science Blogathon Introduction In this article, we will discuss DevOps, two phases of DevOps, its advantages, and why we need DevOps along with CI and CD Pipelines. Before DevOps, software development teams, quality assurance (QA) teams, security, and operations would test the code for several […].

Testing 398
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Leveraging Content Management Software to Facilitate a Cloud-First Approach

CIO Business Intelligence

By Milan Shetti, CEO Rocket Software In today’s fast-paced digital business world, organizations have become highly adaptive and agile to keep up with the ever-evolving demands of consumers and the market. This has pushed many organizations to accelerate their digital transformation efforts in order to remain competitive and better serve their constituents — and there is no sign of slowing down.

Software 144
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Cloud Computing Realities Part 3: Business Continuity

David Menninger's Analyst Perspectives

In my previous perspectives on cloud computing, I addressed some of the realities of cloud costs as well as hybrid and multi-cloud architectures. In the midst of the pandemic, my colleague, Mark Smith, authored a series of perspectives on considerations for business continuity in general, beginning with this look at some of the investments organizations must make to mitigate the risk of business disruptions.

Risk 260
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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.

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Why Big Data Is The Future Of Sales And Marketing

Smart Data Collective

Proper marketing and sales prospects play a huge role in improving the success rate of your business. The strategy can either be offline or digital. However, digital marketing has become the major focus of marketers across all industries, mainly due to how customers interact and engage with modern businesses. Seeing an opportunity and knowing how and when to take advantage of it defines the majority of where today’s marketers stand.

Big Data 132
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Using ML and Dataiku to Make 2022 FIFA World Cup Predictions

Dataiku

It’s been four years since the last World Cup in 2018, when France won their second star on their crest. Even if you are not particularly interested in football, you might still find that World Cups are a fun moment where people share joy and excitement. I wanted to participate, but my knowledge would be limited to knowing Neymar and Kylian Mbappé's names.

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If I Had To Start Learning Data Science Again, How Would I Do It?

KDnuggets

While different ways to learn Data Science for the first time exist, the approach that works for you should be based on how you learn best. One powerful method is to evolve your learning from simple practice into complex foundations, as outlined in this learning path recommended by a physicist who turned into a Data Scientist.

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Comprehensive Guide for Interview Questions on Transfer Learning

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Source: Canva Introduction Competitive Deep Learning models rely on a wealth of training data, computing resources, and time. However, there are many tasks for which we don’t have enough labeled data at our disposal. Moreover, the need for running deep learning models on […].

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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.

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5 tips for excelling at self-service analytics

CIO Business Intelligence

Data-informed decision-making is a key attribute of the modern digital business. But experienced data analysts and data scientists can be expensive and difficult to find and retain. One potential solution to this challenge is to deploy self-service analytics, a type of business intelligence (BI) that enables business users to perform queries and generate reports on their own with little or no help from IT or data specialists.

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The Evaporation of Privacy

TDAN

Have you ever read those little pieces of paper inserted into your bank statement, credit card statements, insurance bills, mutual fund statement, and all of your other statements and bills? We all get them. You know, those flimsy pieces of paper, printed in small type and written in convoluted English. I have started collecting them— […].

Insurance 105
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Data Analytics Solves Manufacturing Marketing Agency Challenges

Smart Data Collective

Data analytics is unquestionably one of the most disruptive technologies impacting the manufacturing sector. Manufacturers are projected to spend nearly $10 billion on analytics by the end of the year. Data analytics can solve many of the biggest challenges that manufacturers face. One of the most significant benefits of leveraging analytics in manufacturing is with marketing optimization and automation.

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Automation With A Human Touch: Balancing Agility And Standardization

Timo Elliott

Simon Jarke is the Head of Corporate Digital Business Innovation at Freudenberg, a family-owned global technology group headquartered in Germany and founded in 1849. He recently explained how the organization has taken advantage of the latest technology advances to give business people more agility and control over their processes, without sacrificing standardization and efficiency: “I think the key to success, especially in times of digital transformation, lies in the philosophy and pract

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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.

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9 Skills You Need to Become a Data Engineer

KDnuggets

A data engineer is a fast-growing profession with amazing challenges and rewards. Which skills do you need to become a data engineer? In this post, we’ll take a look at both hard and soft skills.

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Hierarchical Clustering in Machine Learning

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Hierarchical clustering is one of the most famous clustering techniques used in unsupervised machine learning. K-means and hierarchical clustering are the two most popular and effective clustering algorithms. The working mechanism they apply in the backend allows them to provide such a […].

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What Whirlpool’s CIO does to make its digital business models run end to end

CIO Business Intelligence

As a household name in household goods, with annual sales of $22 billion, Whirlpool has 54 manufacturing and tech research centers worldwide, and bursts with a portfolio that includes several familiar brands including KitchenAid, Maytag, Amana, Yummly, among others. The company employs 69,000 around the world as well and Danielle Brown, the company’s SVP and CIO, has a unique perspective on how best to lead the company’s digital transformation strategy.

IT 133
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Succeed With AI at Scale With These New Year’s Resolutions Tips

Dataiku

We’re t-minus five weeks away from January 1. Which means t-minus five weeks away from New Year’s Day, when conversations and social media feeds will be inundated with talks of resolutions — losing weight, exercising more, reducing screen time, getting that promotion, putting more money aside for savings, starting a meditation practice — you get the idea.

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Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.

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Is Artificial Intelligence Setting A New Standard For Web Design?

Smart Data Collective

Artificial intelligence is playing an important role in modern creative professions. There are a lot of reasons a growing number of companies are turning to AI technology. One poll showed that 61% of companies found that AI and machine learning were their best data investments. One of the industries that is evolving by adopting new AI tools in web design.

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Snowflake: Data Ingestion Using Snowpipe and AWS Glue

BizAcuity

Introduction. In today’s world that is largely data-driven, organizations depend on data for their success and survival, and therefore need robust, scalable data architecture to handle their data needs. This typically requires a data warehouse for analytics needs that is able to ingest and handle real time data of huge volumes. Snowflake is a cloud-native platform that eliminates the need for separate data warehouses, data lakes, and data marts allowing secure data sharing across the organizatio

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3 Useful Python Automation Scripts

KDnuggets

The post highlights three useful applications of using python to automate simple desktop tasks. Stay tuned till the end of the post to find the reference for a bonus resource.

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How does User Authentication work with FACEIO?

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction FaceIO is a cross-browser framework for user facial recognition authentication. Any website can use a JavaScript snippet to implement it. As more and more daily tasks are managed electronically rather than with pen and paper or face-to-face, the demand for quick and […].

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The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data and AI

Speaker: Aindra Misra, Sr. Staff Product Manager of Data & AI at BILL (Previously PM Lead at Twitter/X)

Embark on a transformation journey into the heart of the data ecosystem! This webinar is your gateway to a deeper comprehension of the foundations that drive the data industry and will equip you with the knowledge needed to navigate the evolving landscape. Delve into the diverse use cases where data analytics plays a pivotal role. We’ll explore how these applications are transforming with the introduction of Gen AI, and discuss the anticipated use cases for 2024 and beyond.