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DATATALK ARTICLES

The Data Science Foundation is source of information on big data techniques and practices. We review and publish industry news, comment and white papers submitted by our members. We are recruiting editors and contributors to work with us on this site.

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LATEST NEWS

LV= collaborates with University of Bristol in data science push

18 March 2019

In a field as complex and promising as data science, why go it alone when you can collaborate with a top UK university which houses the Jean Golding Institute (JGI) for Data Science and Data Intensive Research?

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Tim Berners-Lee Warns Of 'Nastiness And Misinformation' Spreading

12 March 2019

Tim Berners-Lee has marked the 30th anniversary of submitting his proposal for the world wide web with a BBC interview in which he warns of "nastiness and misinformation spreading."

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Why Data Science Teams Need Generalists, Not Specialists

10 March 2019

But the goal of data science is not to execute. Rather, the goal is to learn and develop profound new business capabilities.

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Whoever Predicts the Future Will Win the AI Arms Race

06 March 2019

China, Russia, and the United States are approaching the long-term strategic potential of artificial intelligence very differently. The country that gets it right will reap huge military benefits.

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Two in five 'AI startups' essentially have no AI, mega-survey of nearly 3,000 upstarts finds

06 March 2019

A full 40 per cent of tech companies describing themselves as "AI startups" had no evidence of any machine-learning tech "material" to what the firms actually did, a report by VC investor MMC Ventures

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DATAx brings real-world data science to Singapore

05 March 2019

DATAx Singapore kicked off today with a plethora of speakers and delegates addressing the key issues facing the world of business, AI, data and analytics.

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Harnessing the power of community in analytics

03 March 2019

As data becomes increasingly intrinsic to the workings of corporate and everyday life, further integration is needed in the analytic community to drive more powerful data simulation and analysis, to link theory and experimentation, and to better extend the reach and results of big data.

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How To Build A Data Science Dream Team

03 March 2019

Mark Twain once said, “Data is like garbage. You’d better know what you are going to do with it before you collect it.” This gives data science teams food for thought.

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BoE Waves £22m for Data Science Support

03 March 2019

A new £21.8 million Bank of England contract reveals the bank is planning a major overhaul of its IT estate, with a particular focus on getting value from its data.

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Radical Change Is Coming To Data Science Jobs

03 March 2019

I believe the job of data scientist as we know it today will be barely recognizable in five to 10 years. Instead, end users in all manner of economic sectors will work with data science software the way non-technical people work with Excel today.

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Artificial Intelligence Has A Problem With Bias, Here's How To Tackle It

29 January 2019

One of the problems in society that AI decision-making was meant to solve, was bias. After all, aren’t computers less likely to have inherent views on, for example, race, gender, and sexuality?

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Why Google, Infosys & Amazon Are Betting High On Open-Source AI Projects

23 January 2019

With applicability of artificial intelligence and machine language becoming pervasive across various sectors in India and around the world, noted tech giants are now open-sourcing more and more of their AI and ML projects.

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Enterprise AI: Biggest Moments Of Truth In 2019

18 January 2019

2018 was a year of reckoning for artificial intelligence (AI), proving that it's here to stay and will soon be all around us. Although the hype was at an all-time high, Deloitte’s State of AI in the Enterprise 2018 report showed that 82% of early adopters of AI saw positive ROI, and 63% adopted machine learning (ML) as a key technology in 2018.

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Turning Big Data to Smart Data: Emerging Opportunities -- Global Smart Data Market is Expected to Grow at a CAGR of 14% till 2022

15 January 2019

Unstructured Data/Big Data can be turned into Smart Data using data analytics tools that utilizes advanced artificial intelligence (AI) and machine learning (ML) algorithms

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20 Things to Know About Artificial Intelligence for Supply Chain Management

15 January 2019

Any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence

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whitepapers

Big Data: The next frontier for advance, competition, and efficiency

06 March 2019 | Rakesh Saroj | A DSF White Paper

Nowadays organizations are starting to realize the importance of using more data in order to support decision for their strategies. The size of data in world is growing day by day. Data is growing because of vast use of internet, smart phone and social network. Big data is a collection of data sets which is very large in size as well as complex. Generally size of the data is Petabyte and Exabyte. Traditional database systems are not able to capture, store and analyze this large amount of data. As the internet is growing, amount of big data continue to grow. Big data analytics provide new ways for businesses and government to analyze unstructured data. Nowadays, Big data is one of the most talked topic in IT industry. It is going to play important role in future. Big data changes the way that data is managed and used. Some of the applications are in areas such as healthcare, defense, traffic management, banking, agriculture, retail, education and so on. Organizations are becoming more flexible and more open. New types of data will give new challenges as well.

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Nonparametric Statistical Test Approaches in Genetics Data

06 March 2019 | Rakesh Saroj | A DSF White Paper

The biggest challenge of genetic research lies in significant and intellectual analysis of the large and complex data sets generated by the cutting edge techniques like massively parallel DNA sequencing and genome wide analysis. Statistical analyses are the most important of such experimental data. When the data are not normally distributed and using non numerical (rank, categorical) data then use the nonparametric test for exact result of research hypothesis. Order statistics are among the most fundamental tools in non-parametric statistics and inference. Non parametric test does not depend upon parameters of the population from which the samples are drawn, no strict assumption about the distribution of the population. Nonparametric tests are known as distribution free test also because their assumptions are less and weaker than those connected with parametric test. Nonparametric test does not follow probability distribution. To analyze microarrays and genomics data several non-parametric statistical techniques are used like Wilcoxon’s signed rank test (pre-post group),Mann-Whitney U test (two groups) or Kruskal-Wallis test (two or more groups).Importance of this paper is to look at the non-parametric test how to use in genetic research and provide the understanding of these test

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Fantastic (data)-Beasts and Where to Find Them: Data Scientists and Data Engineers

06 January 2019 | Francesco Corea | A DSF White Paper

This paper discusses the role of the data scientist, what a data scientist is, and the set of skills needed to become one.

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The Perfect Storm. How the Confluence of AI, Robotics Technology and Big Data Will Affect Human Employment

02 January 2019 | Chris Tomlinson | A DSF White Paper

Ultimately, the widespread adoption of automation and robotics, as well as the rise of artificial intelligence will have profound impacts on the world, particularly in terms of human employment and even the global economy, such as the questions asked by Martin Ford, in his book, Rise of the Robots. Martin Ford suggests the outlook is bleak for millions of workers who define their self-worth in terms of their employment. Increasingly workers will no longer be exploited by those in control of capital and intelligent machines, they will be irrelevant to them.

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AI and Insurance

18 October 2018 | Francesco Corea | A DSF White Paper

This paper focuses on how AI is disrupting the insurance sector. Starting from the conventional insurance process, we will move through the specific novelties AI is introducing in the field in order to understand how AI is completely changing the way people buy and think of insurance products. Finally, an eight-group classification is proposed for the insurtech ecosystem.

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Big data management: How Organizations Create and Implement Data Strategies

26 September 2018 | Francesco Corea | A DSF White Paper

Big data is often approached as a mere technical problem, while many times projects fail because of lack of strategic focus. Implementing the right process may help companies to efficiently run analytics works and for this reason, the paper proposes a few concepts that can support the organizational development of a big data blueprint. Three main ideas will be outlined here: the data lean approach, the maturity map, and different organization models for a data team.

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Cryptocurrency A Quick Guide to Buying, Using and Investing

09 September 2018 | Chris Tomlinson | A DSF White Paper

Unless you’ve been living under that proverbial rock, you’ve at least heard of cryptocurrency – those digital, non-corporeal monetary units that have the world abuzz these days. Bitcoin is probably the most obvious such crypto coin, but there are plenty of others that have sprung up in the wake of bitcoin’s success, such as Ethereum and Ripple. However, chances are good that unless you’re a financial expert, and possibly even if you are such an expert, you’re not all that clear on what cryptocurrency is, how it works, the risks involved, or even why or how to accept it as payment. Within this guide, we’ll explore those topics and more to help you understand how to buy, use and invest with cryptocurrency. To many people, the term “cryptocurrency” might seem pretty self-explanatory, but if you take a deeper look at the subject, you’ll likely find that it’s more complicated than it might seem at first glance. After all, crypto coins have virtually nothing in common with traditional currency, other than acting as a store of value. Even that similarity can be questionable. So, what is a cryptocurrency?

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A new Data Science Framework for Analysing and Mining Geospatial Big Data

20 August 2018 | Charith Silva | A DSF White Paper

Geospatial Big Data analytics are changing the way that businesses operate in many industries. Although a good number of research works have reported in the literature on geospatial data analytics and real-time data processing of large spatial data streams, only a few have addressed the full geospatial big data analytics project lifecycle and geospatial data science project lifecycle. Big data analysis differs from traditional data analysis primarily due to the volume, velocity and variety characteristics of the data being processed. One motivation in introducing a new framework is to address these big data analysis challenges. Geospatial data science projects differ from most traditional data analysis projects because they could be complex and in need of advanced technologies in comparison to the traditional data analysis projects. For this reason, it is essential to have a process to govern the project and ensure that the project participants are competent enough to carry on the process. To this end, this paper presents, new geospatial big data mining and machine learning framework for geospatial data acquisition, data fusion, data storing, managing, processing, analysing, visualising and modelling and evaluation. Having a good process for data analysis and clear guidelines for comprehensive analysis is always a plus point for any data science project. It also helps to predict required time and resources early in the process to get a clear idea of the business problem to be solved.

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Investing in AI: an overview

10 August 2018 | Francesco Corea | A DSF White Paper

The hype about AI makes it difficult for experienced investors to understand where the real value and innovation in the technology are to be found. This paper helps to bring some clarity to what is happening on the investment side of the artificial intelligence industry.

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The Future of Artificial Intelligence in Retail

09 August 2018 | Karthik P.G | A DSF White Paper

The objective of this paper is to provide a comprehensive perspective on the advancements in the area of Artificial Intelligence and how the infusion of cognitive customer engagement can positively impact the infamously unpredictable consumer cyclical retail industry.

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Understanding the Safety of Information Contained within Blockchains

16 July 2018 | Chris Tomlinson | A DSF White Paper

Data security has never been a more important consideration for consumers or for the businesses they patronize and partner with. It’s also never been more difficult to ensure. Every single day, consumers’ personal, health and financial information is at risk of theft. This can lead to identity theft, and to serious financial ramifications. While military-grade encryption on websites and through smartphone and tablet apps can be an important precaution, it’s just a Band-Aid. More must be done. Blockchains may hold the key to ensuring data security, but how does the technology that underpins bitcoin and other cryptocurrencies ensure data security for consumers and businesses?

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Blockchain: A Technology Shift in Financial Services

16 July 2018 | Santosh Kumar | A DSF White Paper

Blockchains, a technology behind the success of cryptocurrency, symbolize an great application of cryptography and technology to one of the biggest problems of record-keeping for financial institutions, and they may create some far-reaching changes in method of transactions. Many big institutions of the industry had invested billions in the new technology, and many other industries have proposed new methods of transactions and ownership shift by use of the blockchains. This article studies the possible implications of the changes for stakeholders into the business like investors, employees, auditors, external shareholders, customers and other parties. The greater transparency, better transaction, accuracy, greater liquidity and lower cost offered by the technology may considerably turn over the uses and way of working of the industries.

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13 Forecasts on Artificial Intelligence

29 June 2018 | Francesco Corea | A DSF White Paper

This article is about the future of AI. The following proposed list does not want to be either exhaustive or truth-in-stone, but it comes from a series of personal considerations that might be useful when thinking about the impact of AI on our world.

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The Internet of Things and the Rise of Smart Cities

22 June 2018 | Chris Tomlinson | A DSF White Paper

Unless you’ve been stuck under that proverbial rock for a few years, you’ve at least heard of the Internet of Things (IoT) and how it is connecting us in new and interesting ways. The rise of the smart home is one way that the IoT is changing things for people around the world – homes filled with devices that can communicate with one another, with people living in the home, and even with outside third parties. However, this technology is not constrained just to our homes. It’s growing in terms of both scope and capabilities. Enter the smart city, where the Internet of Things will impact everything from lighting to the flow of traffic through urban centres

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What You Need to Know about the EU’s 2018 General Data Protection Regulation

24 May 2018 | Summer Phillips | A DSF White Paper

Data is everything. In fact, thieves are now targeting consumer and business information rather than financial assets, simply because there is so much more value in data. Find out more about how GDPR is changing the way we all work with data in the midst of this Information age.

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INFORMATION ON DATA SCIENCE

The Data Science Foundation is your source of information on big data techniques and practices. We review and publish industry news, comment and white papers submitted by our members. Our information includes various data science courses available and offered by different universities and online data science course administrators as well as information on data science training & certification. We are recruiting editors and contributors to work with us on this site. Get in touch.

BIG DATA

We encourage everyone who works in big data or with data scientists to join us and share their knowledge and experiences with the community. We provide support and network opportunities to data science practitioners and managers buying advanced analytical services.