Author Archives: Dexlab

Google is Back in China! It Decides to Open an AI Lab in the Far-East

Google is Back in China! It Decides to Open an AI Lab in the Far-East

 

Google is strengthening its artificial intelligence base, including China.

 

And it is so doing by establishing a new AI research center in Beijing. Google is digging deep into China, where it contravened the government in 2010 committing a spectacularly principled act of self-sabotage by refusing to self-censor search content and later found most of its services to be blocked. The company’s decision to return back to China is more about safeguarding its future, and acknowledging the supreme importance of technology’s most competitive field: AI.

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Where Did I Go Wrong Predicting the Bitcoin Boom?

A few years ago, Silicon Valley in San Francisco came under the influence of a new, mysterious thing known as Bitcoin. It swept away the tech enthusiasts off their feet. There were a wide set of rumors that Bitcoin was virtual money, invented by a pseudonymous math stalwart named Satoshi Nakamoto, who would later stir up the structure of modern finance and render government-powered currency antiquated.

 
Where Did I Go Wrong Predicting the Bitcoin Boom?
 

To understand the phenomenon better, I once bought a single Bitcoin long time back, which then involved a strenuous labor-intensive process, where I had to go to CVS and use MoneyGram to wire dollar value of a Bitcoin to a crypto-currency exchange. After a month or so, I decided to sell it off for a slight loss, thoroughly convinced that this virtual money is nothing but just a passing fad.

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Researchers Peer into the Hood of Computational Linguistics

Researchers Peer into the Hood of Computational Linguistics

 

To start, give a look at these two sentences:

“This house is in a detestable location.”

“This detestable house is in this location.”

 

Well, these two sentences have virtually similar words, but owing to their structure, they exude entirely two different meanings. Understanding the true meaning of the sentences just by having a look at the words was something only reserved for the human intelligence, until now. Breakthroughs in Natural Language Processing (NLP), also known as computational linguistics have blazed a trail in this domain, which was once dominated by humans.

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Top 6 Big Data Trends for 2018

Big data is expanding, and by next year almost a majority of businesses will be attracted towards the brighter prospect of this cutting edge technology. Even this year saw an enormous increase in volume, variety, velocity of data, which assures that the next year will witness more data, more numbers.

 
Top 6 Big Data Trends for 2018
 

Data science pundits have predicted some of the leading trends that would be in the forefront in the big data revolution 2018. Come, let’s take a look:

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The Impact of Big Data on Marketing

The Impact of Big Data on Marketing

 

In marketing, the analysis of data is a highly established one but the marketers nowadays have a massive amount of public and proprietary data about the preferences, usage, and behavior of a customer. The term ‘big data’ points out to this data explosion and the capability to use the data insights to make informed decisions. Understanding the potential of big data presents various technical challenges but it also needs executive talent devoted to applying the solutions of big data. Today, the marketers are widely embracing big data and are confident in their use of analytics tools and techniques. Let us learn about the ways in which Big data and analytics can improve the marketing efforts of various businesses around the around.

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How Data Analytics Influences Holiday Retail Experience [Video]

Thanksgiving was right here! Half of the globe witnessed some crazy shopping kicking off the entire holiday season, and retailers had a whale of a time, offering luscious discounts and consumer gifts at half the prices.

 
How Data Analytics Influences Holiday Retail Experience
 

Before the weekend Thanksgiving sale, 69% of Americans, close to 164 million people across the US were estimated to shop– and they had planned to shell out up to 3.4% more money as compared to last year’s Black Friday and Cyber Monday sale. The forecasts came from National Retail Federation’s annual survey, headed by Prosper Insights & Analytics.

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Humans and Automation Shares an Everlasting Bond for a Successful Tech Future

“God created the world in seven days, because he didn’t have to port anything from legacy systems” – the CEO of a blue chip IT company once quoted. A similar idea was even echoed by MIT’s former director of computer science and AI, Mr. Rodney Brooks who penned down an article “Seven Deadly sins of AI Predictions,” which largely focused on the rate of deployment and the influence of technology over it.

 
Humans and Automation Shares an Everlasting Bond for a Successful Tech Future
 

But for any technological revamp, humans are the key ingredient for successful implementation of AI – because they are the ones who have invented such striking tools of automation with their own wit and determination. AI has enhanced productivity, coupled with raising standards of living. Companies all across the globe are recognizing the benefits of AI, and contemplating investments in this budding field of science to trigger greater competitiveness.

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Bad Data is Really Bad for Machine Learning: Here’s Some Ways to Fix It

The quality of data is the talisman of decision-making. Irrespective of the goals, the key to better decision-making lies in the quality of data. As it’s said, bad data takes its toll on organization’s data endeavors – as a result, only 25% of businesses are able to optimize the use of data for revenue generation, despite a volley of resources being thrown at them.

 
Bad Data is Really Bad for Machine Learning: Here’s Some Ways to Fix It
 

IBM has reckoned that bad data costs companies some $3.1 billion a year in the US alone, while as per Experian’s Data Quality survey, 83% of organizations alleged their revenue is affected by imprecise and incomplete customer or prospect data.

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For Long-term Digital Transformation Plan, Big Data is the Key

Big data and business analytics are like two sides of the same coin. Here, though the coin represents digital transformation – but reports from consulting and services firm HCL Technologies are pointing that many companies are not being able to harness these new-age technologies to their fullest capacities resulting in a loss of digital transformation efforts.

 
For Long-term Digital Transformation Plan, Big Data is the Key
 

When asked Anand Birje, the corporate vice president and head of HCL’s digital and analytics domain, he has this to say, “Over the past four or five years, enterprises were pushed hard to do anything in the field of analytics, big data and digital transformation. They were being pushed because there was this fear about what their competitors might be doing, so there was this feeling that they had to do something digital.”

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Wake Up to a World of Data Possibilities: With SAS Certification

Of late, in spite of trending insurgence of cutting edge technology tools, SAS remains one of the most popular, in-demand programming languages for advanced analytics. It’s been more than two decades, yet it didn’t lose its importance in ruling the data science market. This shows how flexible this pioneering analytics tool is, and how adaptable it is in its functionality that it stood strong through the test of time and development.

 
Wake Up to a World of Data Possibilities: With SAS Certification

Possess the Right SAS Skills, Be In Demand

Organizations are utilizing the perks of advanced analytics inside out. They are realizing that not only big data analytics has secured a niche area of concentration for itself, but it has strived to be an indispensable part of any organization that is on its walk to success.

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