Ensemble forecasting is a popular choice to improve predictions. The method has been widely used to model various aspects of the current pandemic. Ensembles may be our be...
Image source: Statistical Aid: A School of statistics Time series data A time series data is a set of observation on the value that a variable takes of different time, ...
A little soup is quickly cooked. But if many chefs are working together on a larger menu that will eventually be appreciated by a banquet of guests, good preparation is k...
I’m overjoyed to announce the release of my latest book “The Economics of Data, Analytics, and Digital Transformation.” The book takes many of the concepts discus...
No matter where data comes from, becoming data-driven depends on every member of your organization being able to find, access, and use the data they need. This kind of sy...
Big data analytics is concerned with examining data to uncover correlations, hidden patterns, customer preferences and market trends that can enhance decision-making. Peo...
Artificial Intelligence (AI) has been invented as a blessing for the market of many sectors. Businesses are adopting this technology to reduce operational costs, increase...
The Evolution of the MLaaS Market The Machine Learning as a service (MLaaS) market is booming. It is expected to grow to $8.48 billion by 2025, at 43% CAGR. Increased cl...
To zoom in on any picture, click on the image to get a higher resolution. This a follow up to my previous article here, where you can find additional, very different imag...
I was asked this question: “What distributions do we need to use Deep Learning?” This is a question with a multi-faceted answer. The direct answer is that algorith...