October, 2022

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Celonis Improves Business Processes with Process Mining

David Menninger's Analyst Perspectives

As I recently pointed out, process mining has emerged as a pivotal technology for data-driven organizations to discover, monitor and improve processes through use of real-time event data, transactional data and log files. With recent advancements, process mining has become more efficient at discovering insights in complex processes using algorithms and visualizations.

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P&G turns to AI to create digital manufacturing of the future

CIO Business Intelligence

Over the past 184 years, The Procter & Gamble Co. (P&G) has grown to become one of the world’s largest consumer goods manufacturers, with worldwide revenue of more than $76 billion in 2021 and more than 100,000 employees. Its brands are household names, including Charmin, Crest, Dawn, Febreze, Gillette, Olay, Pampers, and Tide. In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform.

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What We Learned Auditing Sophisticated AI for Bias

O'Reilly on Data

A recently passed law in New York City requires audits for bias in AI-based hiring systems. And for good reason. AI systems fail frequently, and bias is often to blame. A recent sampling of headlines features sociological bias in generated images , a chatbot , and a virtual rapper. These examples of denigration and stereotyping are troubling and harmful, but what happens when the same types of systems are used in more sensitive applications?

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Non-Generalization and Generalization of Machine learning Models

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction The generalization of machine learning models is the ability of a model to classify or forecast new data. When we train a model on a dataset, and the model is provided with new data absent from the trained set, it may perform […]. The post Non-Generalization and Generalization of Machine learning Models appeared first on Analytics Vidhya.

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Demystifying DAPs: A Practical Guide to Digital Adoption Success

Speaker: Pulkit Agrawal

Digital Adoption Platforms (DAPs) are revolutionizing the way organizations interact with and optimize their software applications. As digital transformation continues to accelerate, DAPs have become essential tools for enhancing user engagement and software efficiency. This session is your guide into the robust world of DAPs, exploring their origins, evolution, and the current trends shaping their development.

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Podcast: Scaling DataOps

DataKitchen

The post Podcast: Scaling DataOps first appeared on DataKitchen.

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Easy Guide To Data Preprocessing In Python

KDnuggets

Preprocessing data for machine learning models is a core general skill for any Data Scientist or Machine Learning Engineer. Follow this guide using Pandas and Scikit-learn to improve your techniques and make sure your data leads to the best possible outcome.

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What transformational leaders too often overlook

CIO Business Intelligence

High-performing CIOs know that digital mastery depends on a strong foundation of rock-solid infrastructure, information security, enterprise data management, and sound IT governance. But for all the emphasis on cutting-edge technology for business transformation, IT infrastructure too often gets short shrift. Infrastructure, what happens behind the IT screen, and related support activities remains poorly understood, underappreciated, and mismanaged in 89% of enterprises today, according to a rec

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Do You Need a Single Map, or Several Maps?

Depict Data Studio

Here’s a counterintuitive dataviz principle: Sometimes, it’s easier to understand several small graphs than a single graph. I was recently working with an organization to visualize which states were using their software programs. States might use: Software A Software B Or, both software A and B. Before: A Single Multicolor Map. Here’s what their visualization looked like.

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A Quick Guide to Blockchain: Merkle Tree

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction A Merkle tree is a basic component of blockchain technology. It is a mathematical data structure composed of hashes of different data blocks that serve as a summary of all transactions in the block. It also enables efficient and secure verification of […]. The post A Quick Guide to Blockchain: Merkle Tree appeared first on Analytics Vidhya.

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6 Myths About Visual Data Tools

Dataiku

This is a guest article from Lontia Nkhuwa. Nkhuwa is a product support lead and technical writer. She's the leader of PyLadies Lusaka — a support network for women in the world of Phyton. Lontia is passionate about creating content that educates, grows, and inspires leaders. In her spare time, Lontia enjoys thrifting and traveling.

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Entity Resolution: Your Guide to Deciding Whether to Build It or Buy It

Adding high-quality entity resolution capabilities to enterprise applications, services, data fabrics or data pipelines can be daunting and expensive. Organizations often invest millions of dollars and years of effort to achieve subpar results. This guide will walk you through the requirements and challenges of implementing entity resolution. By the end, you'll understand what to look for, the most common mistakes and pitfalls to avoid, and your options.

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Frameworks for Approaching the Machine Learning Process

KDnuggets

This post is a summary of 2 distinct frameworks for approaching machine learning tasks, followed by a distilled third. Do they differ considerably (or at all) from each other, or from other such processes available?

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AI Tools Make Short-Selling Possible with Algorithmic Trading

Smart Data Collective

Artificial intelligence is driving a number of changes in the financial sector. We pointed out that AI has created new opportunities for investors purchasing real estate stocks. However, it is also creating unique trading opportunities for those using nontraditional investing decisions. One of the ways that smart investors can use AI is with short-selling.

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5 top ERP trends for 2022 — and their implications for IT leaders

CIO Business Intelligence

It wouldn’t be far-fetched to call ERP (enterprise resource planning) the brain of an organization’s IT infrastructure. After all, an ERP system streamlines, standardizes, and integrates a wide range of vital business processes across diverse business functions. Implementing an ERP solution ranks among the most capex-intensive projects any IT leader will undertake.

IT 145
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How to Make a Not-So-Scary Starter Dashboard in Excel

Depict Data Studio

Dashboards aren’t scary! In this video, let’s make a starter dashboard in Microsoft Excel. You’ll learn how to make four quick visuals: Sparklines Data bars Symbol fonts Color scales. I use these visuals over and over in my real-life consulting projects. Watch the Tutorial. Sparklines. Sparklines are helpful for visualizing patterns over time, like daily, weekly, monthly, quarterly, or annual data.

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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, VP of Engineering at Betterworks, will explore a practical framework to transform Generative AI pr

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Data Science Tools for Vaccine Design and Development

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Biopharmaceutical Industries are the fastest growing industries after considering the basic need for the healthy life of humans and animals. Based on the available literature, the author has identified six major thrust areas of the Biopharmaceutical industry, which has summarized in the […].

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ClearScape Analytics: Delivering Value Across the Modern Enterprise

Teradata

ClearScape Analytics provides robust functionality giving people across the organization the ability to efficiently execute their roles in the analytics process on a common platform.

Analytics 105
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Sparse Matrix Representation in Python

KDnuggets

Leveraging sparse matrix representations for your data when appropriate can spare you memory storage. Have a look at the reasons why, see how to create sparse matrices in with Python, and compare the memory requirements for standard and sparse representations of the same data.

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Cloud Technology Helps Students Earn Higher SAT Scores

Smart Data Collective

Cloud technology is changing some of the most core aspects of our lives. A growing number of students are finding ways to leverage the cloud to improve their learning experience. Education Technology Magazine has published an article on some of the most surprising ways that cloud technology is changing academia. Most of their focus was on their focus has been on the benefits of using cloud technology from the standpoint of educators.

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The Role of Data Products in Maximizing ROI from AI Initiatives

Stuck with stalled AI projects? Data silos and fragmented processes are likely culprits. This IDC report unveils Data Products as the secret weapon. By treating data as a product, organizations can overcome these challenges and unlock the true potential of AI. Learn how a unified data control plane empowers Data Products to deliver trusted, high-quality data for faster insights and improved decision-making.

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The CIO as chief integration (and influence) officer

CIO Business Intelligence

IT leaders hold a powerful position at Owens Corning. CIO Steve Zerby not only has a seat at the table, but he’s driving business strategy at the manufacturing company thanks to his panoptic view of the centralized yet global organization. He’s able to spot synergies in supply chain processes that could create efficiencies, and connect leaders in high-performing geographies with lower-performing regions that could benefit from their perspective — even if they’re not in the same business division

Insurance 145
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Stop Using Tiny, Grainy Photos in PowerPoint!!!

Depict Data Studio

It’s not 1995. Last week, I was leading a post-conference workshop with CQI professionals in California. You can learn more about their annual conferences here. An attendee asked about best practices for adding photographs to our PowerPoint presentations. Before. Let’s pretend that you’re giving a presentation about young children and physical fitness.

Modeling 111
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Three R Libraries for Automated EDA

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction With the increasing use of technology, data accumulation is faster than ever due to connected smart devices. These devices continuously collect and transmit data that can be processed, transformed, and stored for later use. This collected data, known as big data, holds valuable […].

Big Data 397
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What’s the Pharmaverse, and How Do Data Science Innovators Use It to Streamline Drug Approvals?

Domino Data Lab

When it comes to the pharmaceutical industries, machine learning, AI, and statistical computing environments (SCEs) often receive the lion’s share of media attention and seize the popular imagination in coverage that focuses mostly on technology aimed at finding interesting chemical candidates for the next breakthrough cure. But there’s a second, far more rarely covered role of data science in the quest for new cures, one that Andy Nicholls, GSK’s senior director and head of statistical data sci

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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The Complete Free PyTorch Course for Deep Learning

KDnuggets

Do you want to learn PyTorch for machine learning and deep learning? Check out this 24 hour long video course with accompanying notes and courseware for free. Did I mention it's free?

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How Formula 1 Teams Leverage Big Data for Success

Smart Data Collective

We have previously talked about ways that big data is changing the world of sports. Formula 1 teams are among those most affected. Ever since the Oakland A’s switched their recruitment policy from a players’ running speed and strength to a more sophisticated and nuanced look at the on-base slugging percentage, the world of sports has become more and more accustomed to utilizing sports analytics in their team-building.

Big Data 129
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Chipotle’s recipe for digital transformation: Cloud plus AI

CIO Business Intelligence

When Curt Garner became Chipotle’s first CIO in 2015, the only technology used for online restaurant ordering was, “believe it or not,” a fax machine, he says. Seven years later, the Newport Beach, Calif.-based company is piloting a system with a robotic arm dubbed “Chippy” that prepares the fast-casual chain’s famed fried salt-and-lime chips homemade every day without human labor, with the aim of tailoring output to the daily needs of each restaurant.

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The Data Warehouse is Dead, Long Live the Data Warehouse, Part I

Data Virtualization

Reading Time: 4 minutes “Le roi est mort, vive le roi.” This phrase—the king is dead, long live the king—marks the transfer of power from one monarch to the next. In times of potentially troublesome change, the apparent paradox and inner poetry of these. The post The Data Warehouse is Dead, Long Live the Data Warehouse, Part I appeared first on Data Virtualization blog - Data Integration and Modern Data Management Articles, Analysis and Information.

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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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Famous Concurrency Problems in DBMS

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Introduction Concurrency in DBMS refers to the ability of the system to support multiple transactions concurrently without any data loss or corruption. In a concurrent system, numerous transactions can access and modify the data simultaneously. Each transaction is isolated from other transactions, so […].

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Why a Cookieless Identity Solution is Critical to Future Advertising

Teradata

Implementing a cookieless identity solution will help businesses maintain advertising efforts amid the phaseout of third-party cookies.

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How to Build a Data Science Enablement Team: A Complete Guide

KDnuggets

A Data Science Enablement Team consists of people from various departments like marketing, sales, product development, etc. They are responsible for providing the necessary tools and resources to help the data scientists do their job more efficiently.

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How To Keep Your Data Security Knowledge Up To Date?

Smart Data Collective

The fast-paced world of cybersecurity waits for none, and even seasoned professionals can find that years have passed them by if they take a short hiatus and stop staying up to date. Given the nature of this sector, it’s often compared with statecraft, with the constantly evolving threat matrix making it essential to stay on top of developments, and regularly upskill in order to better respond to challenges.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.