About 90% of businesses say they plan to increase their investments in data, analytics and AI, but many businesses are struggling to gain value from data science investments. These failures lead to a waste of money, time and opportunity for the company. Data science efforts can fail for two main reasons: business-related reasons and data-related reasons. In this first of two … [Read more...] about Avoid these 7 Common Business-related Mistakes On Data Projects
BigData
The Power of Data Visualization: Techniques and Best Practices
Talking about large datasets with a variety of different variables interacting with each other can quickly get confusing for an audience. Communicating the value of the data or the specific trends associated with variable interaction can easily be lost in the jumble of numbers in a spreadsheet. This is where data visualization comes in. Data Visualization at Work This … [Read more...] about The Power of Data Visualization: Techniques and Best Practices
Data Insights are Illuminating the Future of the Power Sector
Power has an essential role in today’s world. It fuels economic growth, supports industry, and provides billions of people with electricity for everyday needs. But evolving dynamics are changing the sector in many ways. Renewables’ share of global electricity generation will exceed one third by 2024. Depending on weather conditions, next year may be the first in which more … [Read more...] about Data Insights are Illuminating the Future of the Power Sector
How Can Companies Protect their Data from Misuse by LLMs?
Large Language Models (LLMs) have driven huge efficiencies and opened up new streams of innovation for a range of businesses, yet they have also given rise to significant concerns around privacy and safety with respect to their use. Rogue outputs, poor implementations within business operations, the safety of information and more are all valid concerns. While the outputs of … [Read more...] about How Can Companies Protect their Data from Misuse by LLMs?
Conversational Internet is Digitizing the Other Half of the World
In this new era of Conversational Internet, chatbot is the new website, and the messaging app the new browser Far away from Silicon Valley, a new kind of internet revolution is sweeping through countries around the world. Though some of it is driven by ideas and products from Silicon Valley, it’s surprisingly below the radar of most tech leaders and investors. It’ll take … [Read more...] about Conversational Internet is Digitizing the Other Half of the World
Bringing DAG and IGA Together for Improved Security and Compliance
Organizations are grappling with an ever-increasing number of identities, driven largely by cloud adoption, third-party relationships and machine identities. They’re also dealing with an ever-expanding amount of data. Keeping track of all of these different identities and data can quickly become overwhelming because there are so many possible data destinations and so many who … [Read more...] about Bringing DAG and IGA Together for Improved Security and Compliance
Video Highlights: Gradient Boosting: XGBoost, LightGBM and CatBoost — with Kirill Eremenko
In this video presentation, our good friend Jon Krohn, Co-Founder and Chief Data Scientist at the machine learning company Nebula, is joined by Kirill Eremenko to walk listeners through why decision trees and random forests are fruitful for businesses, and he offers hands-on walkthroughs for the three leading gradient-boosting algorithms today: XGBoost, LightGBM, and … [Read more...] about Video Highlights: Gradient Boosting: XGBoost, LightGBM and CatBoost — with Kirill Eremenko
How Can AI-Powered Predictive Maintenance Boost Business Efficiency
In today’s fast-paced, tech-driven world, predictive maintenance is transformative for businesses aiming to stay ahead. This approach uses data analysis and monitoring to predict and prevent equipment failures before they occur, reducing downtime and associated costs. When AI steps into predictive maintenance, it supercharges this capability. It offers more profound … [Read more...] about How Can AI-Powered Predictive Maintenance Boost Business Efficiency
Evolution of AI in Software Development: Shifting from Co-pilot to an Autopilot
What similarities exist between autonomous driving and software development? Initially, the connection may not be apparent, but when taking a look under the hood, parallels emerge, particularly in the developmental trajectory toward common objectives. While development teams won’t assume a passive “passenger” role, the traditional duties and roles of those involved in … [Read more...] about Evolution of AI in Software Development: Shifting from Co-pilot to an Autopilot
Heard on the Street – 4/4/2024
Welcome to insideBIGDATA’s “Heard on the Street” round-up column! In this regular feature, we highlight thought-leadership commentaries from members of the big data ecosystem. Each edition covers the trends of the day with compelling perspectives that can provide important insights to give you a competitive advantage in the marketplace. We invite submissions with a focus on our … [Read more...] about Heard on the Street – 4/4/2024