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How AI Has Transformed Logistics and Supply Chain Management
The world around us is brimming with technology — this much has been for everyone to see. Now, amidst this crop of many, many excellent tools that the continued evolution of technology has given us, none has proven to be quite as potent as artificial intelligence. Given the ample potential, …
Defining clear metrics to drive model adoption and value creation
One of the biggest ironies of enterprise data science is that although data science teams are masters at using probabilistic models and diagnostic analytics to forecast revenue or identify the potential value stream of an asset, in most cases, very few analytical techniques are applied to the way they measure …
TOP 10 insideBIGDATA Articles for February 2021
In this continuing regular feature, we give all our valued readers a monthly heads-up for the top 10 most viewed articles appearing on insideBIGDATA. Over the past several months, we’ve heard from many of our followers that this feature will enable them to catch up with important news and features …
Number of Germany's electric vehicle charge points rise 10% since December
FRANKFURT (Reuters) - The number of charging points for electric vehicles in Germany has increased by more than 10% in the past three months to reach 39,538, energy industry association BDEW said on Wednesday. Policymakers in Europe's biggest economy aim to cut emissions from transport by expanding the use of …
Britain raises contactless limit as COVID accelerates electronic payments
LONDON (Reuters) - Britain is more than doubling to 100 pounds ($139.75) the limit on contactless payments made with debit or credit cards, the finance ministry said on Wednesday, as COVID-19 accelerates a shift to electronic payments from cash. The finance ministry said that while legally in force from Wednesday, …
Emerging Europe.com bolsters defences as Amazon enters Poland
By Agnieszka Barteczko, Jason Hovet and Michael Kahn WARSAW (Reuters) - As Amazon sets its sights on central and eastern Europe, the e-commerce giant will need to convince long-time Allegro shoppers like Elzbieta Modrakowska to click away from the region's leading online marketplace. While prioritising its expansion to other, bigger …
Samsung considers four sites in U.S. for $17 billion chip plant: documents
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd is considering two sites in Arizona and another one in New York in addition to Austin, Texas, for a new $17 billion chip plant, according to documents filed with Texas state officials. The documents dated Feb. 26 also estimated tax …
Scaled Beta2 distribution
I recently ran across a new probability distribution called the “Scaled Beta2” or “SBeta2” for short in [1]. For positive argument x and for positive parameters p, q, and b, its density is This is a heavy-tailed distribution. For large x, the probability density is O(x–q-1), the same as a …
Big Data Analytics-A Key Differentiator In Driving Digital Transformation
Many companies today leverage the power of technology to boost their business revenues. But the question arises that how fast they will undergo this digital transformation. From cloud computing to big data analytics, plenty of dynamic and exciting tools and methodologies are driving explosive growth in the digital revolution.Companies at …
4 top Web Design and UX trends that will Grow your Business Exponentially
Expanding any business is, well a tough task. A company has to face many uncertainties regarding its marketing approaches, product formation, development plans, all in a single day. With so many constant responsibilities, it can be far too simple to let a small thing like digital existence fall by the …
Schools should open their windows for ventilation
As schools begin to reopen, The New York Times illustrates why classrooms should…Tags: coronavirus, New York Times, school
Secret Ingredients of Successful Infrastructure Modernization
The current pandemic has accelerated the race to modern infrastructure. Earlier modernization was a long-term goal that most organizations were achieving in bits, but now it is in the ambit of business continuity. Leaders across industries have realized that an obsolete infrastructure is the biggest limitation that can potentially keep …
Elon Musk-led SpaceX's job ad shows plan for Starlink factory in Texas
(Reuters) - SpaceX is building a new factory in Texas for its satellite-based broadband service Starlink, according to a job posting from the company, as billionaire entrepreneur Elon Musk continues to invest in the southern U.S. state. Musk, who leads several futuristic companies, including Tesla Inc, Neuralink and Boring Co, …
Analysis: Biden's SEC chair nominee signals more regulation for cryptocurrencies
By Chris Prentice and Pete Schroeder WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission appears likely to work on its first guidelines for cryptocurrencies after President Joe Biden's nominee to lead the agency promised to provide "guidance and clarity" to the rapidly evolving market. Speaking during his confirmation hearing …
Where Big Data Meets The Law
Technology is great, it has helped countless industries in plenty of innovative ways. The digitization of the 21st century has revolutionized how people work and increased efficiency. Even lawyers, a profession that has largely pushed back against the tide of the changing times, have embraced law firm software to help …
U.S. ITC to probe some cellular devices made by Samsung, Motorola Mobility
WASHINGTON (Reuters) - The U.S. International Trade Commission on Tuesday said it was probing certain LTE-compliant cellular devices made by Samsung Electronics Co Ltd and Lenovo Group Ltd-owned Motorola Mobility following a complaint. The agency said it was launching the investigation following a Feb. 1 complaint filed by Austin, Texas-based …
Robinhood, a go-to for young traders, benefits from short sale demand
By John McCrank NEW YORK (Reuters) - Robinhood, the online brokerage used by many retail traders to pile in to heavily shorted stocks like GameStop Corp, has made an ambitious push into loaning out its clients' shares to short sellers as it expands its business. The broker had $1.9 billion …
Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze
By Sinéad Carew (Reuters) - Heavily shorted mortgage provider Rocket Companies saw its stock surge on Tuesday, in an eye-popping move reminiscent of the rallies that powered GameStop <GME.N> and other so-called meme stocks earlier in the year. Shares of Rocket, the parent company of Quicken Loans, closed up 71.2% …