Your weekly Guide to Data Science and Analytics – September Part I- GL

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Data Science and Analytics are being applied across industries, varying in their scope and magnitude based on the purpose of the application. Even as we witness these technologies solving bigger problems, there are still some challenges faced while building these solutions. We explore some of those challenges in this week’s digest.  

SEBI Bets on Data Analytics, New Generation Tech to Address Market Challenges

Continuing its efforts to bolster supervision and identify non-compliance, regulator Sebi plans to deploy data analytics and new generation technologies to deal with various challenges in the market. Technology solutions are being built to achieve the objective of identifying non-compliance and assisting in investigations.

Figleaves Deploys AVORA Augmented Analytics for Granular Insights and Reporting

AVORA provides an end-to-end augmented analytics platform, utilising Machine Learning with smart altering to deliver easy to use, in-depth data analysis. By eliminating the limitations of existing analytics, reducing data preparation and discovery time by 50-80%, and accelerating time to insight to just a matter of seconds rather than days, AVORA creates game-changing organizational intelligence.

New Tools of Data Science Used to Capture Single Molecules in Action

Single-molecule fluorescence techniques have revolutionized our understanding of the dynamics of many critical molecular processes, but signals are inherently noisy and experiments require long acquisition times. This work leverages new tools from data science in order to make every photon detected count and refine our picture of molecular motion.

Challenges in Analytics Sector: The Industry Perspective

Analytics industry has witnessed significant growth over the years but is still prone to a lot of challenges in terms of talent, reaching the right consumers, cumulating data points, among others. 3 Key Challenges That Analytics Industry Still Faces Today are: 

Translating data to business impact | Multiple sources of data | Data quality

To read more about Data Science, Analytics, and their career prospects, check this space. Upskill in Data Science domain with Great Learning’s PG program in Data Science and Engineering.

Your essential weekly guide to Data and Analytics – July 17

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Stay updated with the Business Analytics applications, and advancements across the globe.

Analytics Talent Growing Fastest in India: Report

The worldwide advanced analytics talent pool is expected to reach 1 million people in 2020 — double of the 2018 level — and much of that is coming from India, says a report by global consultancy firm Bain & Company. Until now, the US was the leading source of advanced analytics-trained talent.

South African Schools Will Soon Get These New Subjects

Data Science & Analytics | Blockchain | Artificial Intelligence | Robotics | Quantum Technologies

The South African government has committed to a ‘skills revolution’ that will give the country human capital required for a digital economy, says President Cyril Ramaphosa. 

This Data Analytics Trend is Turning The Industry on Its Head

According to a new report by analyst house Gartner, Inc., augmented analytics is the most disruptive (and pervasive) data analytics trend right now. In fact, the researcher believes augmented analytics will be the dominant driver of new business intelligence and data science purchases by the end of next year. The prediction comes from Gartner’s paper entitled Top 10 Data and Analytics Technology Trends That Will Change Your Business

Amazon Plans to Spend $700M to Retrain a Third of Its Workforce For Data, Analytics Roles

To keep up with the demand for data scientists and software developers within its own ranks as well as in other industries, Amazon pledged Thursday to spend more than $700 million to upskill 100,000 of its employees, about a third of its U.S. workforce.

How Big Data Can Improve eCommerce for Businesses and Customers

Businesses are taking advantage of the expanding eCommerce market to sell their products or services in a more efficient framework. This is made possible by the collection of vast amounts of information on online purchase activities, which is stored in big data repositories. Read how big data can improve a business’ eCommerce performance and deliver enhanced services to its customers.

Happy Reading!