Introduction

With every article, we keep proving that data science has found broad application in numerous business areas. Now, the turn came to the construction industry as well. The world is overloaded with data. It results in a steady improvement in…

The energy sector is under constant development, and more of significant inventions and innovations are yet to come. The energy use has always been involved in other industries like agriculture, manufacturing, transportation, and many others. Thus these industries tend to enlarge…

The insurance industry is regarded as one of the most competitive and less predictable business spheres. It is instantly related to risk. Therefore, it has always been dependent on statistics. Nowadays, data science has changed this dependence forever.

Now, insurance companies have a wider range of…

Summary:  The annual Burtch Works study of Data Science salaries and employment statistics is just out and things continue to look great.  There are some interesting trends here you’ll want to know about.

This week the annual Burtch…

The term “technical analysis” usually refers to the study of stock prices.  A technical analyst might use real-time or closing prices of stocks to predict future prices.  This is an interesting concept because of what is normally excluded from the analysis - namely, everything except prices.  Given that the approach doesn’t necessarily consider the health or profitability of the underlying companies, a purely technical approach seems to offer guidance that is disconnected from reality.  Yet…

A fictitious retailer which I am calling Malwart sells automobiles and automotive parts.  On this blog I will be focused on the sale of a particular automobile model called the Blair - a sporty compact that can be ordered in custom colour schemes.  Because all sales must be done by clients that also have accounts,…

Market Highlights

On the basis of regional analysis, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America region is generating highest market share in Core Banking Solutions Market owing to higher technology implementation. The implementation of core banking solution software by both small and medium enterprises is increasing rapidly. In US region, the implementation of core banking solution software in BFSI sector accounted for…

It’s not easy for a retailer to face ongoing economic challenges. The power of the customers is rising. They have the right to choose the best, and they are not happy with anything less. The competition in every single industry is brutal. We’re not exaggerating when we say that every business battles for survival.

In this war of competitors, data analytics are the most effective weapon. In February 2017, JDA Software Group and PwC (PricewaterhouseCoopers) released…

Global Cyber Security Market – Overview

Cyber Security market is expected to grow with the CAGR of ~8% - 11% during 2016 to 2021, owed to which it is predictable to cross USD $150 billion by 2021, assures the Market Research Future in one of its recently published study report - “Global Cyber Security Market Research Report Forecast 2017- 2021”

With growing industries and preference for centralization amongst the organizations; the computer based systems have become an…

I attended the Carrier Network Security Strategies conference ( #CNSS2015)held by Light Reading in NYC on Dec 2. I also attended the New Jersey Tech Council’s Data Summit (#NJTechCouncil) on Dec 9. The main topics of discussion in the conference were around securing the perimeter of networks and protecting customer, carrier and network data. Here is brief summary of what I learned in these two conferences about managing and operating networks securely and protecting…

While many of us recognize that companies are empowered by actionable information penetrations and help drive sales, devotion and superior customer experiences, the thought of making sense of enormous quantities of information and undertaking the task of unifying is daunting. But that is slowly changing. Experts forecast that this year, budgets will be allocated by most companies, and that 2015 will undoubtedly be the year of big data and discover the best tools and resources to really…

If number of searches were an indicator for gauging the popularity of a drink between Tea, Coffee, Beer and Wine then who wins the contest?

Let us analyze who wins the popularity contest by comparing the number of searches for each of the terms.

Data collection method: Each of the keywords Tea, Coffee, Beer and Wine were used with Google Trends to extract the weekly data and then plotted as below. Year 2015 is excluded due to partial…

What is the profession of data science really about? How does one best become a data scientist or grow a career as one? What does the Data Science Central community think about these questions? (Please chime in!)

We’ve all read about the shortage of data scientists from McKinsey, heard about…

Please join us in New York at the Sentiment Analysis Symposium Customer Insight Analytics Workshop on March 5 where Steven Ramirez, CEO of Beyond the Arc, will be presenting The Road to Customer Intelligence: Data, Analytics, Insight.

The afternoon workshop will offer a thorough, practical look at elements that business analysts, managers, and executives must master to compete in today’s…

 In a recent interview with CIO Review magazine, Beyond the Arc CEO, Steven Ramirez shared his insights on the evolution of Big Data analytics in 2013, and what we can expect in 2014. 

Data scientists must always remember that data sets are not objective -  they are selected, collected, filtered, structured and analyzed by human design. Naked and hidden biases in selecting,…