Getting the most out of the massive amount of data generated by even moderate retail operations requires turning information into wisdom according to data-information-knowledge (DIKW) pyramid.
It is exciting how modern video streaming platforms know exactly what their subscribers want to watch. Social media platforms are also getting better every day by recommending people who we should follow or add to our friend's list.
The field of data science is experiencing great disruptions that are making the work of data scientists easier. There are several data science and machine-learning software products available for free and for purchase on the market today.
Modern businesses are currently transforming into data-driven enterprises due to the fast data science disruptions that are taking place. The disruptions enable data science as a technical field to evolve gradually.
There’s a huge hidden gap between what data scientists and non-data scientists think about data science. This gap stems from the fact that most people believe that the data science discipline is all about analyzing data that is readily available...
E-commerce has grown immensely. Looking at the landscape as it is today, we can clearly see great advancements. Presently, most businesses have a website and an e-commerce store for their online operations.
One of the biggest inventions of the 21st century is artificial intelligence. Although scientists have been toying with the idea of AI from the 1980’s, most of the work on the subject has only taken place over the last couple of years.