The Hidden Language of Data: How Linguistic Analysis Is Transforming Data Interpretation

From Fortune 500 companies to local startups, everyone’s swimming in a sea of numbers, charts, and graphs. But here’s the thing: While structured data like sales figures and customer demographics have long been the backbone of analytics, there’s a growing realization that unstructured data is the real goldmine. Think about it. Every tweet, email, customer review, and social…

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Data Concierge: Driving Business Intelligence Collaboration

Discerning businesses are ensuring each area of their organizations has access to performance metrics. Armed with data, their teams can accelerate decision-making, respond to client and marketplace demands, and mitigate risks. The issue is many organizations have segregated data environments. Each department often has its own data management platform that may not integrate with other…

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What Is PMML and Why Is It Important?

You may not be an analytics expert and you may find terms like PMML integration somewhat daunting. But, in reality, the concept is not complex, and the value is outstanding. So, what is PMML integration? PMML stands for “predictive model markup language.” It is an interchange format that provides a method by which analytical applications and…

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Enhancing the Reliability of Predictive Analytics Models

Predictive analytics is a branch of analytics that identifies the likelihood of future outcomes based on historical data. The goal is to provide the best assessment of what will happen in the future. Basically, predictive analytics answers the question “What will happen?” The value of predictive analytics lies in enabling business enterprises to proactively anticipate…

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The Rise of Augmented Analytics: Combining AI with BI for Enhanced Data Insights

Businesses today are drowning in data. The sheer volume and complexity of information available have made it increasingly difficult for organizations to extract meaningful insights using traditional business intelligence (BI) tools and the expertise of specialized data scientists. This is where augmented analytics comes in. This game-changing technology combines the power of artificial intelligence (AI)…

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The Role of Quantum Computing in Data Science

Quantum computing is on the cusp of turning the data science world upside down, offering a level of processing power we’ve only dreamed of until now.  This new frontier has an incredible potential to reshape the way we approach data analysis, predictive modeling, and solving the kind of complex problems that have always been a tough…

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Four Perspectives on the Art of Data Analytics

As data science professionals, we are often viewed as people who draw conclusions based only on data and minimize other factors. This perception usually becomes contentious when the insights and evidence from the data are inconsistent with somebody else’s “hypothesis.” Or we are confused and maybe frustrated when “qualitative” analysis trumps quantitative analysis. The next time…

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Save Time and Streamline Processes with Embedded BI

Ask any enterprise employee what they need most, and they are likely to say “time.” With limited resources and budgets, your team members are being asked to do more with less and to get it all done on time and on budget. If you take the time to ask a follow-up question, you will likely…

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Introducing the Data Analytics Fabric Concept

Organizations all over the world – both profit and nonprofit – are looking at leveraging data analytics for improved business performance. Findings from a McKinsey survey indicate that data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times more profitable [1]. Research by MIT found that digitally mature firms are 26%…

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Yes, Being a Citizen Data Scientist Can Help You Succeed

If your enterprise has nominated you for the role of a citizen data scientist, you must have the right tools and augmented analytics features to help you fulfill your role.  Gartner has predicted that “90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.” This statement, coupled with…

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