Outliers “ the twisted tale of data! But what is an outlier? As defined by Wikipedia, an outlier is a data point that differs significantly from other observations. An outlier may be due to variability in the measurement or it may indicate the experimental error; the latter are sometimes excluded from the data set. An outlier can cause serious problems in statistical … [Read more...] about Top Five Methods to Identify Outliers in Data
Big Data
Why Polkadot Will be a Catalyst for Decentralised Apps
Before September 2020, Polkadot was virtually unknown to the ordinary investors. By November 2020, it had a market cap of $5 billion. It has become the biggest conversation in blockchain technology. There are several good reasons for the massive interest in this blockchain. Top of these reasons is that it holds great promise in the push towards decentralised apps, including … [Read more...] about Why Polkadot Will be a Catalyst for Decentralised Apps
Need for Artificial Intelligence in Market and Competitive Intelligence Landscape for Data Interpretation
When we talk about the process of competitive intelligence, we imagine organizations taking the onus of cracking data insights from different primary and secondary sources to be put to use. Primary information is still tracked with the same old methods of interviews and help from Competitive Intelligence partners. But secondary research was very different in the earlier times … [Read more...] about Need for Artificial Intelligence in Market and Competitive Intelligence Landscape for Data Interpretation
Big Data In A Technology-Focused World
The world has been told that the future is in big data. A big fuss has been made and steps taken to ensure its future in our technology-focused world. The word first came around in a special research report published by McKinsey and IBM around May 2011. McKinsey lay it out quite daringly, proclaiming that leaders in every sector will have to grapple with the implications of big … [Read more...] about Big Data In A Technology-Focused World
Data Backup Options You Have in 2020
Running regular backups is something that every modern-day company should be in the habit of doing. When you're running a vSphere backup, there are many options to choose from, most of which are there to help you or your company tailor your storage needs. Because the need to backup and secure data is on the rise, there are several options to consider. The question then becomes, … [Read more...] about Data Backup Options You Have in 2020
