A Data Science Central Community
Engineers, computer scientists and technicians alike have affinity with mathematics, numbers, formulas. They are the kind of people who prefer to know How it works than What it delivers. They are the ones who disassemble an old watch and try to fix it.
Added by Arnaldo Gunzi on February 29, 2016 at 6:00pm — No Comments
Realizing that you can only improve what you measure is a good way to think about KPIs. Often companies want to improve different aspects of their business all at once, but can’t put a finger on what will measure their progress towards overarching company goals. Does it come down to comparing the growth of last year to this year? Or, is it just about the cost of acquiring new customers?
If you’re nervously wondering now, “wait, what is my cost per deal”, don’t sweat…Continue
Added by Eran Levy on February 18, 2016 at 2:30am — No Comments
What is Machine Learning?
Machine Learning is simply making a computer perform a task without explicitly programming it. If we impose business rules to build a system and not let the machine find patterns on its own, we will not be able to put up with the versatility of the data that comes in.
Let’s explain this with an example. Suppose we manually looked through data to find patterns and coded our systems such that if I fall in the age range of 30-40 and I am a male, I would…Continue
Added by Ivy Pro School on February 16, 2016 at 3:00am — No Comments
4 years ago, before all these hype on Big Data Analytics, right after my MBA, I dream about the digital future in investment banking. I visualized it in my mind, based on what I learnt in retail banking, and credit risk modeling, I feel that it was a possible dream. A dream that was so fragile that it could be popped one day. Or it could be a super-long journey that leads me via fire and pain or even be embarrassed. Looking back, these are the lessons I learnt:
1. Intra-preneur: It is…Continue
Added by Jeffrey Ng on February 9, 2016 at 8:58am — No Comments
When considering a BI solution, focus on a human-centric approach to software design. The business is comprised of people (not machines) and software solutions must satisfy user needs, rather than focusing on a particular platform, framework or technology. This human-centric approach is critical to creating any kind of software or interface, but especially so when…Continue
Added by Snehal Rathwa on February 4, 2016 at 11:00pm — No Comments