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Showing posts from August, 2020

How Data Analytics Can Help in Small Business Growth

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  There’s a famous quote by Bill Gates, Founder of Microsoft. He says: “If your business is not on the Internet, soon your business will be out of business.” With these words, Bill Gates sums up the importance of every business, regardless of its size and nature, having an online footprint and presence. However, in today’s world and especially with the boom in e-commerce during the COVID-19 pandemic, merely having a good website, Facebook page, YouTube channel, or other social media presence isn’t enough. You need to know where your potential market lies, who and how to target as clients and likes and dislikes of the areas where you’re focusing all energies of your online strategies. Therefore, data analytics is a vital component for every online marketing strategy, including for small businesses. In this article, let’s explore how data analytics can help small businesses grow. And how to sustain that growth for tangible results. How Data Analytics Helps Small Businesses As a sma...

Data Science trends to follow in 2020; Is Automation of tasks the future?

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  Data Science   has emerged to be one of the hottest trends in recent years. It has paved its way into several industries be it healthcare, gaming, or others. If you want to keep up with the latest innovations and advancements in the field of Data Science and Analytics, here are the top trends that you should look out for. 10 Data Science trends to follow in 2020 To keep up with the changing trends in the market, it is important to stay updated and understand where to invest your time. Researchers across various universities are doubling their research efforts towards Natural Language Processing. 2020 and the years to come after seems to be an extremely exciting time for Data Scientists and businesses. Google announced Quantum computing towards the end of 2019, and it caused a ton of excitement in the world of technology. Although it is not being used in everyday applications as of now, there is scope for improvement in the years to come. The release of Microsoft HoloLens and...

AI Algorithm Defeats Human Fighter Pilot In Simulated Dogfight and MIT Technology Review on GPT-3

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  AI Algorithm Defeats Human Fighter Pilot in a Simulated Dogfight An AI algorithm has defeated a human F-16 fighter pilot in a virtual dogfight simulation. The algorithm is developed by Heron Systems that easily defeated the fighter pilot in all five rounds to cap off the yearlong competition hosted by the Defense Advanced Research Projects Agency. The competition was named AlphaDogfight trials and was part of DARPA’s Air Combat Evolution Program which is aimed at exploring automation in air combat and improving human trust in AI systems. Although the victory of the  AI  system is a big step forward, the work is far from over for DARPA. At first glance, GPT-3 seems to have the ability to produce human-like text which is quite impressive, but there is no way to ensure the accuracy of that content piece. It can surely have strong applications in producing entertainment pieces and surrealist fiction, but if you dig deeper into the platform, it is not a viable tool for impor...

Why Python is used in data science? How data science courses help in a successful career post COVID pandemic?

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    Data science has tremendous growth opportunities and is one of the hot careers in the current world. Many businesses are thriving for skilled data scientists. Data science requires many skills to become an expert – One of the important skills is Python programming. Python is a programming language widely used in many fields. It is considered as the king of the coding world.  Data scientists extensively use this language and even beginners find it easy to learn the Python language. To learn this language, there are many Python data science courses that guide and train you in an effective way. What is Python? Python is an interpreted and object-oriented programming language. It is an easily understandable language whose syntaxes can be grasped by a beginner quickly. It was found by Guido in 1991. It is supported in operating systems like Linux, Windows, macOS, and a lot more. The Python is developed and managed by the Python software foundation. The second version of ...

Flipkart Collaborates with IIT Patna over AI Research and ZIM deploys AI to discard misdeclared cargoes

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  Flipkart collaborates with IIT-Patna over research in artificial intelligence, machine learning and more Flipkart has announced its collaboration with IIT Patna for research in artificial intelligence, machine learning, and natural language processing. The two signed an MoU that would help to create industry-focused applied research in the field of AI, ML, and NLP. As a part of the MoU, IIT Patna would undertake various programs including research activities, organising seminars, and providing internship and mentorship opportunities. The academic collaboration would bring real-world industry exposure to students and scholars at IIT Patna. The faculty members of the institute will have the opportunity to work with Flipkart on research projects and help them create capabilities in automation, AI, ML, and NLP. ZIM deploys artificial intelligence to root out misdeclared cargoes ZIM, the Israeli carrier, has developed and implemented a screening software that is backed by AI and detec...

How Data Analytics can help prevent the next maritime disaster, and more

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  Data Science and analytics have gained traction in business over the past few years and will continue to show growth in the coming years. It has created opportunities for organisations to come up with better solutions. Learn more about the advancements in   Data Science and Analytics   over the past week. The process of analysing raw data to gather insights and come up with an accurate conclusion or solution is known as data analytics. Maintaining baseline data is important for any organisation. They can maintain the proactivity of talent planning and performance management with the help of various data analytics tools. Creating a more personalised experience at the workplace with the help of data analytics can help organisations get to know their customers and employees better. This can ensure higher employee satisfaction. It can also help in better business planning by giving us accurate information about customer demand. Slowly, workplaces are incorporating analytics...