If theres one recent technological trend that has captured the imaginations of innovators and entrepreneurs like nothing else, its wearable technology. Many view wearables as the next great frontier for technological advancement, creating connected and convenient lives with the help of big data analytics. As exciting as the possibilities of wearable devices are, others are … [Read more...] about 5 Pieces of Wearable Technology Used for Protecting Children
big data analytics
Big Data vs. Bad Data; a $ 3 Trillion Opportunity
This is the elephant in the Big Data room. How much Bad Data is out there? Wait a minute, I hear you say, do you mean to say that not all of this data is accurate? What is the point of salivating over terabytes of Big Data if we dont understand which bits are inaccurate, duplicated, incorrect or incomplete? That is the right question to be asking. The consequences of cyber … [Read more...] about Big Data vs. Bad Data; a $ 3 Trillion Opportunity
Why Statisticians Not Only Practice Within Traditional Statistics
"Ignoring Statistics means you aren't learning from the wisdom of others." Chris Howden "Statisticians are data scientists by definition but data scientists do not [all] have ... training." Daniele Medri Myth #2: Statisticians (and other quants), work within 'traditional statistics The myth that statisticians only practice within 'traditional statistics' removes or … [Read more...] about Why Statisticians Not Only Practice Within Traditional Statistics
The Missing “D” in Data Science: A Case for Mr. Holmes
Imagine it's D Day today: A major decision needs to be taken for your company, based on Data Science. Who are you in this story? You are the celebrated hero of todays world, not the Superhero clad in the dark cloak with superpowers even nursery kids are no longer in awe of but the new superhero with a growing armor of super-powers like Cloud, Big Data, Python, IOT, (the list … [Read more...] about The Missing “D” in Data Science: A Case for Mr. Holmes
Why Big Data Can’t Beat the Human Spirit
The England one-day cricket team offers a fascinating example of where Big Data sometimes does not offer all the answers. There has rarely been a turn-around in world sport such as recently with the England cricketers. Their previous coach Peter Moores was famously obsessed by data. He was always accompanied by a laptop to analyse the performances of his players, but after … [Read more...] about Why Big Data Can’t Beat the Human Spirit