The work of interpreting data to help decision-makers goes back some 5,000 years to the bureaucrats and businessmen of ancient Sumer. But dealing with the astronomical size and complexity of modern data sets requires a new, multifaceted set of computational, statistical, and communication and people skills, called “data science.” Data scientists are among the
Big data is just that–big–and it’s getting bigger. According to the research firm IDC, the worldwide big data technology and services market will grow at a 27 percent compounded annual rate, to exceed $32 billion by 2017....
Is this the beginning of the end for the vaunted data scientist? That’s the clever pitch from Tableau Software, one of a handful of business intelligence vendors pushing the envelope on self-service BI tools. Because the software’s...
NHL franchises are slowly embracing the ‘Moneyball’ strategy of using analytics to assist in coaching, training and player evaluation but the league has been behind the other sports for two reasons. Hockey has more of a flow...
The White House Office of Science and Technology Policy is nearing the end of its 90-day review of big data and privacy. Soon, industry leaders, privacy advocates, engineers, and developers expect to learn regulators’ key questions and...
In their best-selling 2013 book Big Data: A Revolution That Will Transform How We Live, Work and Think, authors Viktor Mayer-Schönberger and Kenneth Cukier selected Google Flu Trends (GFT) as the lede of chapter one. They explained...
An exponential increase in data volume only supports an improvement in business practices when the right analytical processes are deployed. Today, even managing real-time data and having a firm grasp on current trends isn’t enough. Without predictive...
Many colleges are flirting with how to use predictive analytics to boost their graduation rates. But big data is often just a flashy way to spend money on reports aimed at administrators, argue the leaders of Civitas...
Do the BI vendors’ claims really stack up? “A little prediction goes a long way” wrote Eric Siegel in his popular Predictive Analytics book. True, predictive analytics is now part and parcel of most Business Intelligence...
Data Scientists Salary Survey shows that industry data scientists are in a sweet spot, especially in US, Canada, and Australia, with average salary $135K. European and Asian data scientists salaries are significantly lower. By Gregory Piatetsky, Mar...
