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How to value data as an asset istorically, companies have pursued the dollar as a measure of value in the pursuit of shareholder value. Cash flow, profits, and asset values are all about dollars. I think an additional set of measurements can be added to the mix around... Read more
Artificial intelligence (AI) and robots have slowly but steadily made their way into a variety of industries spanning fast food to the financial sectors. This expansion is projected to continue and is forecasted to replace a considerable amount of jobs. A Forrester report notes that AI can replace... Read more
This is the first post of a series of three articles in which we will discuss tips and guidelines for successful data science implementations. This post goes over the things you should worry about before to write the first line of code. A high level data... Read more
Introduction It should be remembered that just as the Declaration of Independence promises the pursuit of happiness rather than happiness itself, so the iterative scientific model building process offers only the pursuit of the perfect model. For even when we feel we have carried the model building process... Read more
There is a major change happening in the IT industry — the use of big data and analytics to guide how businesses are run. Many companies are embracing analytics as part of their core strategies. Unfortunately, some of those companies think that they can just purchase... Read more
There is a growing crisis in the world of analytics and cognitive technologies, and as of yet there is no obvious solution. The crisis was created by a spate of good news in the field of cognitive technology algorithms: they’re working! Specifically, a relatively new and... Read more
It probably goes without saying that PMI’s foundational standard on business analysis has an obvious audience—those who actually do business analysis as part of their everyday job. It’s pretty unlikely executives or CIOs are going to pick it up for some light reading. That’s why I wanted to... Read more
With technological advancement, artificial intelligence is set to touch and modify the financial sector, specifically retail banking in many different ways. It’s still the beginning stages of AI adoption for most banks. A Narrative Science survey highlighted that 32 percent of financial executive participants utilize AI technology, such... Read more
Pick the right use case and reap the benefits of having an automated chatbot in your business Choosing the right way to use a chatbot in your business may be one of the most important parts of the entire building process. The objective that you give to... Read more
A generalized framework to data-driven consulting projects Overview Here we propose a general framework to solve business problems with data science. This 5-step framework will not only shed light on the subject to someone from the non-technical background, but also allow data enthusiasts to consistently... Read more