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Aileen Scott's Blog (37)

Difference Between Algorithm and Artificial Intelligence

By 2035 AI could boost average profitability rates by 38 percent and lead to an economic increase of $14 Trillion.

  • Accenture

The words Artificial Intelligence (AI), and algorithms are most often misused and misunderstood. There are often used…

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Added by Aileen Scott on July 6, 2021 at 9:30pm — No Comments

Ways Artificial Intelligence Impacts the Banking Sector

"75 percent of respondents at banks with over $100 billion in assets say they're currently implementing AI strategies, compared with 46 percent at banks with less than $100 billion in assets," UBS Evidence Lab reports.

Artificial Intelligence (AI) has become an integral part of the most demanding and fast-paced…

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Added by Aileen Scott on June 23, 2021 at 3:30am — No Comments

Why are data science certifications important in 2021?

The most important thing of any industry is the massive amount of data that is produced by it. So managing it and dealing with it requires a good amount of knowledge and expertise. Well, don't worry when we have data scientists!

 

What is Data Science? 

Data Science is the branch of study that…

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Added by Aileen Scott on June 10, 2021 at 10:30pm — No Comments

Complete Guide To Be an Artificial Intelligence Professional

Artificial Intelligence is one of the biggest technological waves that have hit the world of technology. According to research from Gartner, artificial intelligence will create a business value worth US$3.9 trillion by 2022. Globally the artificial Intelligence market will grow at a rate of 154 percent. This resulted in the high…

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Added by Aileen Scott on June 3, 2021 at 10:00pm — No Comments

Rewards and recognition 2.0: What does it comprise of?

Employee recognition occurs when a manager or a peer recognizes a person's efforts and/or achievements inside an organization. According to Bersin by Deloitte, 83 percent of organizations suffer from a lack of [employee] "recognition," while just 17 percent of employees think their managers know how to recognize them properly.

While…

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Added by Aileen Scott on May 21, 2021 at 3:30am — No Comments

Your Guide for the Commonly Used Machine Learning Algorithms

We are currently living in such a period where computing has transformed immensely from large mainframes to personal computers to the cloud.  The constant technological progress and the evolution in computing resulted in major automation.

In this article, let’s understand few commonly used…

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Added by Aileen Scott on May 3, 2021 at 8:00pm — No Comments

Data Science: A Good Career Choice

Data science can be considered to be a new buzzword in the world of technology. Data scientists and big data engineers hold the promise of high pay and excellent job growth. In order to explore this beautiful world of data…

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Added by Aileen Scott on May 2, 2021 at 10:00pm — 1 Comment

Five Steps to Building Stunning Visualizations Using Python

Data visualization is one powerful arsenal in data science.

Visualization simply means drawing different types of graphics to represent data. At times, a data point is drawn in the form of a scatterplot or even in the form of histograms and statistical summaries. Most of the displays shown are majorly descriptive while the summaries are…

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Added by Aileen Scott on April 13, 2021 at 10:00pm — No Comments

Top 6 Regression Techniques a Data Science Specialist Needs to Know

Perhaps most organizations already know what to do with the data gathered. The data is used to make better decisions at work, right? But do you have all the skills needed to parse swaths of data thrown at you?

Well, you might not need to do the digging all by yourself, but you do need to know how to correctly interpret the analysis created by your data…

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Added by Aileen Scott on March 7, 2021 at 5:00pm — No Comments

Watch Out for the Top 5 Most In-Demand AI Job Skills in 2021

Despite the tough year, many companies across the world have started accelerating their approach toward using artificial intelligence (AI) to maximize businesses.

A recent AI survey by PwC reported a quarter percent of companies had taken part in the survey, an increase of 18 percent as compared to last year. The rest 54 percent of other companies are…

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Added by Aileen Scott on February 10, 2021 at 6:00pm — No Comments

How Artificial Intelligence Can Benefit Education

AI has transformed a host of fields including engineering, medicine, finance, and now it is innovating education.

Modern education systems will leverage Artificial Intelligence at every step. The trend has already begun with AI-based EdTech storming the market.

The global pandemic has further accelerated this change and transformed how…

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Added by Aileen Scott on January 14, 2021 at 3:00am — No Comments

Get Hired as a Data Scientist in 2021: Six Checkpoints

Data is a goldmine for businesses in this day and age. If you seek to become a data scientist in 2021, you must know what you need.

In this in-depth guide, we will walk you through the six most important checks you must pass to become prepared for a data science career – from the scratch.

We will…

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Added by Aileen Scott on January 11, 2021 at 7:30pm — No Comments

Triumvirate – AI, IoT, and Blockchain – Converge to Revolutionize Global Businesses!

Individually artificial intelligence (AI), the Internet of Things (IoT), and Blockchain have made numerous breakthroughs, however, 2021 will see the power of three as one.

In other words, 2021 will see an emerging trend that will see a concerted approach of three powerful technologies that will accomplish new levels of performances, societal outcomes,…

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Added by Aileen Scott on January 8, 2021 at 1:00am — No Comments

The Role of Data Science Initiative in Transforming the Industry

Data science is the most advanced transformative tool currently available among business owners. No wonder organizations are increasingly moving toward data-driven decision making. According to a market report, the data analytics market is expected to grow 30.08% between 2020 and 2023, which roughly translates to $77.6 billion. 



Data-driven decision making has taken over traditional decision –making methods, increasing demand for data science professionals. Companies require…

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Added by Aileen Scott on December 15, 2020 at 2:52am — No Comments

GPT-3: The Next Revolution in Artificial Intelligence (AI)

Generative Pre-trained Transformer 3 also referred to as GPT-3 is the next big revolution in artificial intelligence (AI).

In 2018, a startup, OpenAI was the first to create the autoregressive language model. GPT-3 was deemed to be the largest autoregressive language. The program has been trained regressively on approximately 45 terabytes of text data which has been processed through 175 billion parameters.…

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Added by Aileen Scott on December 15, 2020 at 12:51am — No Comments

Unveil the Significance of Neo Machine Learning (NeoML)

NeoML, launched by ABBYY, the digital intelligence company is an open-source library ideal to build, train, and deploy machine learning (ML) models.

The open-source library which was earlier launched in June 2020 is now available on GitHub as well. NeoML provides huge support to both deep learning and traditional machine learning…

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Added by Aileen Scott on December 10, 2020 at 10:00pm — No Comments

How Technology can help senior HR Professionals in the Pandemic

COVID-19 is quite possibly the most unprecedented crisis in the world and, among other functions, it has disrupted the work of senior HR professionals. The majority of respondents to a survey by Raven Intel in association with the International Human Resources Information Management Association and the Oracle Human Resources Users Group revealed the following: 

  • The pandemic has impacted HR projects
  • Work from home has made HR projects more…
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Added by Aileen Scott on December 3, 2020 at 8:38pm — No Comments

Artificial intelligence – the Tool to Promote Diversity and Inclusion

Diversity and inclusion (D&I) increasingly are becoming a focus area for businesses. And it is not just because it is the right thing to do, but it also makes excellent business sense. According to McKinsey, the top quarter of companies on the diversity list were 33 percent more likely to be among the most profitable in their…

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Added by Aileen Scott on November 26, 2020 at 3:00am — No Comments

Elements of a Viable Machine Learning Algorithm

Being an expert at developing and understanding ML, or Machine Learning algorithms, takes time and a lot of hard work. That’s why ML (machine learning) engineers are been seen constantly learning while at the job. If the learning stops, your professional growth stops. Many of us, especially the AI aspirants, think that watching tutorial videos on AI (artificial intelligence) modeling or ML algorithm development on YouTube…

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Added by Aileen Scott on November 22, 2020 at 7:30pm — No Comments

University of Rwanda First Institution in Africa to Join World Data Science Initiative

11 Nov, 2020, Washington D.C.: Since the launch of the World Data Science Initiative (WDSI) in January of 2020 institutions in more than 20 countries have applied to be a part of the initiative, which is the world’s biggest ever talent development project in Data Science. The African continent can now boast its first institution to join the initiative; University of Rwanda.…

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Added by Aileen Scott on November 11, 2020 at 2:10am — No Comments

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