One of the key functions of data scientists today is creating effective data models. The problem is, to handle big data, some data models presuppose answers. In terms of storage and processing power, big data analytics costs big. How big? According to last year’s IDC Worldwide Semiannual Big Data and Analytics Spending Guide, overall spending on big data and data analytics services, tools, and applications will reach over $187 billion in 2019.
We live in the age of data. From global temperatures to shopping habits, new technologies have made it easier to collect, store and access information than any time in history. But our use of these technologies has also eroded our attention spans and fuelled “post-truth” misunderstandings.
If you are a budding entrepreneur desirous of turning a data scientists in a bid to offer technical expertise to solve issues, data-driven models are today being seen as the crux for smart solutions and technology leveraging.
“The entrepreneurial potential in data sciences is immense,” states Pinkesh Shah who is a Data Scientist and CEO at the Institute of Product Leadership.
5 reasons data analytics are falling short - When it comes to big data, possession is not enough. Comprehensive intelligence is the key. But traditional data analytics paradigms simply cannot deliver on the promise of data-driven insights. Here’s why.
https://www.kdnuggets.com/2018/07/5-reasons-data-analytics-falling-short.html
Eight iconic examples of data visualization - A collection of the most exemplary examples of data visualizations, including Napoleons invasion of Russia and the iconic London Underground map.
https://www.kdnuggets.com/2018/08/iconic-data-visualisation.html
Top 5 Security Tips in the Age of Internet of Things - The Internet of Things (IoT) is rapidly transforming our everyday lives. Here are top tips from Internet Society to know on how to keep ourselves secure in the age of IoT.
https://arabiangazette.com/top-5-security-tips-internet-of-things/
Why Data Sciences Today Cannot Be Ignored by Smart Entrepreneurs? - With data sciences being the focal point, Entrepreneur India analyses why this new trend is now the essential tool for a majority of smart entrepreneurial solutions.
https://www.entrepreneur.com/article/317982
Could machine learning mean the end of understanding in science? - Much to the chagrin of summer party planners, weather is a notoriously chaotic system. Small changes in precipitation, temperature, humidity, wind speed or direction, etc. can balloon into an entirely new set of conditions within a few days. That’s why weather forecasts become unreliable more than about seven days into the future — and why picnics need backup plans.
https://theconversation.com/could-machine-learning-mean-the-end-of-understanding-in-science-98995
“The development of full artificial intelligence could spell the end of the human race….It would take off on its own, and re-design itself at an ever increasing rate. Humans, who are limited by slow biological evolution, couldn't compete, and would be superseded.”— Stephen Hawking told the BBC