A data-driven culture does not happen overnight. Very deliberate & tangible steps need to be taken to foster a data-oriented culture in the following order:
1) A single source of truth: Data sources in large organizations are often siloed in independent systems. Staff can pull the same metric from different systems and get different numbers. A single… Continue
Added by Pedro URIA RECIO on September 14, 2018 at 3:34am —
Greek Philosophers Busts, College of Arts & Sciences, Miami University
Big data analytics raises a number of ethical issues, especially as companies begin monetizing their data externally for purposes different from those for which the data was initially collected. The scale and ease with which analytics can be conducted today completely… Continue
Added by Pedro URIA RECIO on September 14, 2018 at 3:30am —
Scene from the TV series Pablo Escobar
Promising data-minded individuals are easy to spot from the distance: curious detailed-oriented thinkers, energized by uncertainty, open to opposed opinions and willing work in team iteratively to produce insightful recommendations, but still with feet on the ground.
The analytics… Continue
Added by Pedro URIA RECIO on September 14, 2018 at 3:10am —
Steve Urkel and Urkelbot, whose intelligence doubled every 2 minutes. Image Credit: ABC’s Family Matters
Steve Urkel from the world-famous ABC’s sitcom Family Matters was not a Data Scientist because in the 90’s we did not call them like that. But the nerdy teenage Urkel is no… Continue
Added by Pedro URIA RECIO on September 14, 2018 at 3:02am —
…So you finally managed to get the sexiest job in your company but have no clue about how to even get started as Chief Data Analytics Officer.
Don’t worry! The 45th US President was in your shoes before you and he is just doing fine. Just download my 100 Day Plan for Chief Data Analytics Officers. Or click on the… Continue
Added by Pedro URIA RECIO on September 14, 2018 at 3:00am —
Lee Sedol Vs Alpha Go
When I worked as a McKinsey consultant, I served the CEO of a bank regarding his small business strategy. I wanted to run regressions on the bank's data but I was advised against it: "They don't even understand statistics. How are you going to explain a regression to… Continue
Added by Pedro URIA RECIO on September 14, 2018 at 3:00am —
Agile vriksasana pose in front of a Waterfall Goodfon.com
You are standing on a moss covered rock a short distance from a high waterfall that pours into a deep pond before flowing further downstream. The creek is surrounded by tall trees that provide a high canopy and shade. The air is cool and a gentle breeze… Continue
Added by Pedro URIA RECIO on September 14, 2018 at 2:48am —
Traffic policewoman in Pyongyang
World-famous Pyongyang policewomen, who are reportedly picked by North Korea’s Supreme Leader himself, have garnered a cult following and even have a website devoted to them, quite a rarity in the North Asia country. The job is seemingly held in high esteem, with only the best being hired.
Traffic in… Continue
Added by Pedro URIA RECIO on September 14, 2018 at 2:37am —
Artificial Intelligence (A.I.) is a wide umbrella of emerging technologies which have the potential to completely transform business and society. Key components include:
- Advanced analytics, which support decision making through predictions and analyses.
- Computer vision, which understands unstructured data like documents, images, videos or biometrics.
- Intelligent dialogue, which involves language interactions…
Added by Pedro URIA RECIO on September 14, 2018 at 2:18am —
Image credit Google
Neural Networks is one of the most popular machine learning algorithms at present. It has been decisively proven over time that neural networks outperform other algorithms in accuracy and speed. With various variants like CNN (Convolutional Neural Networks), RNN(Recurrent Neural Networks), AutoEncoders, Deep Learning etc. neural networks are slowly becoming for data scientists or machine learning practitioners what linear… Continue
Added by Vibhor Nigam on September 13, 2018 at 8:00pm —
Think of all the self-service things you use in a day. Petrol stations, ATMs, Online/Apps for stock trading, banking, and shopping. The idea behind all this:
- Convenience to customers
- Reduced costs for providers
- Freedom of choice about what I want, when I want without involvement of others in my minute-to-minute decisions.
We love to see and track health stats on Fitbit, Apple Watch, and Garmin.
The same goes with self service interactive… Continue
Added by Harshad Madhamshettiwar on September 13, 2018 at 3:00am —
Artificial Intelligence is the most important development in technology and society since the invention of the Internet.
In August 2018, Packt - the leading UK provider of technology/coding books and courses, conducted a survey to understand how AI is changing the wider tech industry beyond data-specific job roles and how it will impact them today and tomorrow.…
Added by Packt Publishing on September 13, 2018 at 12:30am —
At the time of writing this post, I am nine months into my learning sabbatical. You can read about my journey here: “Career Transition Towards Data Analytics & Science”. Today I will share with you how you can plan your own, unique learning sabbatical, regardless of its scope and duration –… Continue
Added by Rafael Knuth on September 12, 2018 at 7:00am —
An important part of my job - which I don't recall ever learning in school - is designing data-oriented processes. I can program in a number of computer programs. Writing a computer program certainly involves designing a process. Many people have the experience of being at a line-up - perhaps at an airport or cashier. At some point, somebody designed that line premised on how people would be processed. A web designer might create an online registration system for students that wish to enroll… Continue
Added by Don Philip Faithful on September 12, 2018 at 6:22am —
When talking to clients about their business goals, most business executives are pretty clear as to what they want to accomplish, such as reducing customer churn or reducing inventory costs or improving quality of care or improving product line profitability. But these “one dimensional” business initiatives really don’t push the organization’s innovative thinking. For example, I can easily reduce marketing costs if I significantly reduce advertising and… Continue
Added by Bill Schmarzo on September 12, 2018 at 4:21am —
Recently, google launched a Dataset search – which is a great resource to find Datasets. In this post, I list some IoT datasets which can be used for Machine Learning or Deep Learning applications. But finding datasets is only part of the story. A static dataset for IoT is not enough i.e. some of the interesting analysis is in streaming mode. To… Continue
Added by ajit jaokar on September 12, 2018 at 3:00am —
The most obvious thing for any Health Care Organization (HCO) to do is to develop in-house infrastructure to manage its healthcare data. That’s simpler said than done, though. Setting up an Enterprise-grade data warehouse not only involves additional hires, there’s some amount of capital expenditure as well as operational costs involved.
Here’s what’s needed – an investment in the right personnel and the right…
Added by Hemant Warudkar on September 11, 2018 at 5:00pm —
Summary: The role of Analytics Translator was recently identified by McKinsey as the most important new role in analytics, and a key factor in the failure of analytic programs when the role is absent.
The role of Analytics Translator was recently… Continue
Added by William Vorhies on September 11, 2018 at 7:40am —
You won't learn this in textbooks, college classes, or data camps. Some of the material in this article is very advanced yet presented in simple English, with an Excel implementation for various statistical tests, and no arcane theory, jargon, or obscure theorems. It has a number of applications, in finance in particular. This article covers several topics under a unified approach, so it was not easy to find a title. In particular, we discuss:
- When the central limit theorem…
Added by Vincent Granville on September 10, 2018 at 5:30pm —
This is the third and (I promise) last of the series "A Little College Sports Analysis", wherein I attempt to use data from the Learfield Directors' Cup to evaluate the prowess of college athletic conferences. The … Continue
Added by steve miller on September 10, 2018 at 11:21am —