Data Science methods and techniques allow new approaching the solution of complex tasks in terms of mathematics, and statistics for the various aspects and areas of our life, work, and business. Therefore, this makes it possible to produce the most unobvious…

Software is always not only a set of instructions but also a context that manages, interacts and executes these instructions. At the start of developing, the engineer configures a dev environment. He can continue to change it in all stages of development. The problem appears when…

One of the main requirements for modern information systems is the high data processing rate.  Among the solutions to solve this problem the popular one is to use high-performance databases. This article will review and compare two popular databases in performance terms:…

Today, one of the most popular tasks in Data Science is processing information presented in the text form. Exactly this is text representation in the form of mathematical equations, formulas, paradigms, patterns in order to understand the text semantics (content) for its further…

Production sphere embraces a wide range of processes related to all branches and stages of creating material goods. In addition, these material goods may be of different values and even have rather contrasting goals. 

Under conditions…

Data science and analytics are growing in their popularity and range of applications in the modern world. Data science deals with answering questions and uncovering hidden insights, while analytics is rather concentrated on the processing itself and conducting of statistical…

H2O is a scalable and fast open-source platform for machine learning. We will apply it to perform classification tasks. The dataset we are using is the Bank Marketing Dataset. Here we need to train a model which will be able to predict if the client of the bank opens…

Problem

While training the model, we want to get the best possible result according to the chosen metric. And at the same time we want to keep a similar result on the new data. The cruel truth is that we can’t get 100% accuracy. And even if we did, the result is still not…

A successful business requires new approaches to data management in this age. Modern advances in data science area provide an efficient solutions for numerous use cases.

Data science embraces a broad spectrum of tasks in the sphere of…

In the times when data is of extreme value, industries cannot afford to ignore it. The only right choice for them is to find new ways to use data for their benefit.

These words have become a motto for the sales industry along with the others. As far as the feature of the…

Actually the unlocking of hidden benefits and true potential of the data is an essential task for business. Also, customers` satisfaction appears to be a pushing force for evolution of services and products. If you have loads of customer data available for analysis the work on the improvement of the customers` satisfaction…

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…