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12 Jobs That Are Booming in the Age of Big Data
Did you know that big data consumption increased 5,000% between 2010 and 2020? This should come as no surprise. It is going to continue to change the workforce in the process. Big data technology is changing countless aspects of our lives. A growing number of careers are predicated on the …
Artificial Intelligence Is Influencing Everyday Lives for the Better
Artificial intelligence is having a larger impact on our lives than you may think. Although only 38% of businesses use AI in some form, 90% of the most successful companies utilize some form of AI. You may be wondering how significant AI really is. To some, AI may seem like …
Optimizing Your IT Budget While Running a Data-Centric Company
Big data technology has become a very important aspect of our lives. More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. Unfortunately, some businesses have made poor decisions when instituting a data …
Common Reasons Why Organizations Fail to Implement SAP SuccessFactors
An organization has to go through a lot before finding the ideal human resource management solution suitable for their business. But let’s say after watching tons of demos, scoping, and thorough evaluation, an organization finally decides to go with SAP SuccessFactors for apparent reasons. However, selecting the ideal solution does …
✚ Visualization Tools and Learning Resources, January 2022 Roundup
Here's the good stuff for January.Tags: roundup
The Evolution of Foot Traffic Data Collection Methods
Foot traffic is one of the most helpful types of data for brick-and-mortar businesses to collect. Tracking how many people enter, where they go and when they leave helps understand customer behavior, assess performance, and optimize store layouts. Businesses today have a wide array of technologies to choose from to
How Data Matching Helps Overcome The Impacts of Bad Data in AI
Every passing day, businesses are adapting to evolving processes introduced by full or partial automation of systems. A study suggests that ML solutions have begun demonstrating better results as compared to human statisticians when it comes to data preparation. However, before the world takes that eventual final leap into the …
insideBIGDATA Guide to Computer Aided Engineering – Part 2
[SPONSORED POST] The essential first step for manufacturers is to consider how much data the enterprise has at its disposal. Most manufacturers collect vast troves of process data but typically use it only for tracking purposes, not as a basis for improving operations. The challenge is for these players to …
Spotting spurious correlations in health news
When it comes to diet and health, you might see one day that…Tags: causation, correlation, health
Information in a discretized normal
Here’s a problem that came up in my work today. Suppose you have a normal random variable X and you observe X in n discrete bins. The first bin is the left α tail, the last bin is the right α tail, and the range between the two tails is …
Editing Guide for AI-Driven YouTube Video Creators
There are a lot of benefits of using artificial intelligence in 2022. One of the biggest reasons that many people use AI is to improve their marketing strategies. A recent survey found that 64% of marketers reported that data-driven marketing strategies are more important than ever. One of the biggest …
How Data Analytics Can Change the Way In-House Legal Departments Do Business
Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? How will it change the legal profession? Last year, we published an article on the …
The Great Resignation is Happening Fast. How can AI help?
They left in droves. Over 40 million employees quit their jobs in 2021. The mass exodus of workers accelerated last year and shows no signs of slowing down in 2022. While this trend might look bad for the job market, it’s good news for technological development. The Great Resignation is …
Cloud Data Platforms and the TMGT(Too-Much-of-a-Good-Thing) Effect
“The too-much-of-a-good-thing (TMGT) effect occurs when an initially positive relation between an antecedent and a desirable outcome variable turns negative when the underlying ordinarily beneficial antecedent is taken too far, such that the overall relation becomes nonmonotonic.” The ABC for Studying the Too-Much-of-a-Good-Thing Effect: A Competitive Mediation Framework Linking Antecedents, …
Addressing the importance of data and visualization skills in health and healthcare fields
Sue Kraemer Senior Data Skills Curriculum Strategy Manager, Tableau Bronwen Boyd January 26, 2022 - 6:31pm January 27, 2022 According to the National Institutes of Health (NIH), “Data visualization is becoming an increasingly common method of presenting large and complex data sets, but the principles of visual communication are not …
A general theory of sub-things
When I took my first abstract algebra course, we had a homework question about subgroups. Someone in the class whined that the professor hadn’t told us yet what a subgroup was. My immediate thought was “I bet you could guess. Sub things are all the same. A sub-X is an …
How to subscribe
I so despise pop-ups asking me to subscribe to a site’s newsletter that I’ve probably erred on the side of making it too hard to find out how to subscribe to this blog. At the bottom of the “writing” menu is a subscribe link. You can subscribe three different ways: …
anch.AI, former AI Sustainability Center, Secures $2.1M in Seed Funding to Launch Ethical AI Governance Platform
Against the rising tide of regulation, anch.AI has released the first horizontally integrated ethical AI governance platform, a one-stop shop for businesses to accelerate responsible AI adoption across their organization. The B2B SaaS startup emerged from the AI Sustainability Center, a Swedish think tank, and has secured $2.1M in seed …