Big-Data-Data-Science

How predictive analytics is transforming data into insights

What is predictive analytics? Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. The science of predictive analytics can generate future insights with a significant…

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Why data science must stand at the forefront of customer acquisition

Though flashy advertising campaigns tend to get most of the attention, in reality, data science is what will ultimately have the biggest impact in ensuring effective customer acquisition. Just how valuable can big data be for a business? Some analysts believe that simply increasing data…

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How artificial intelligence will transform the role of IT in 2018

IT teams in 2018 are facing competing pressures amidst frustrating constraints. Executives want to enjoy the benefits of hot trends like digital transformation, so they look to IT to create new revenue streams, improve customer engagement, optimize operations, and otherwise exploit the magical, transformative powers…

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CIOs reveal their artificial intelligence strategies

Artificial intelligence (AI) has captured the human imagination for millennia. According to Greek myth, Hephaestus, blacksmith of the gods, forged the gigantic bronze automaton Talos to safeguard the isle of Crete. Talos was animated with ichor, an ethereal fluid that flowed like blood in the…

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How new IT operating models stave off digital disruption

Companies are facing a digital imperative to revamp business operations to better serve customers. To accommodate these shifts, CIOs are making sweeping organizational changes, adding new key roles, setting up innovation labs and tapping modern technologies to meet strategic mandates issued by their CEOs and…

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The hidden risk of blind trust in AI’s ‘black box’

Artificial intelligence is gaining traction in enterprises, with many large organizations exploring algorithms to automate business processes or building bots to field customer inquiries. But while some CIOs see self-learning software as a boon for achieving greater efficiencies, others are leery about entrusting too much…

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Machines could soon be able to understand and summarize text for you

We humans are swamped with text. It’s not just news and other timely information: Regular people are drowning in legal documents. The problem is so bad we mostly ignore it. Every time a person uses a store’s loyalty rewards card or connects to an online…

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Hungry for innovation? Launch your own incubator

The digital imperative is driving companies to seek new sources of value for their customers, but this mission is difficult within the often cloistered confines and bureaucracy of their headquarters. Seeking to foster a culture that is more akin to startups than the corporate motherships,…

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Will the Real Data Scientists Please Stand Up?

According to the Harvard Business Review, Data Scientist now reigns as the sexiest job of the 21st century. According to Forbes columnist Bob Violino, Data science skills are among the hottest, with demand far outstripping supply. And yet, as I compose this article for KDnuggets,…

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