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Architecture Trade-offs Pays Well for Enterprise Analytics

Today, owing to an explosion of technology options, determining which analytics stack to adopt takes into account a streak of architectural trade-offs. Over the years, with our experience and expertise we have learnt the most crucial aspect of creating sound analytics systems and pleasing customers with improved digital solutions – is the location where data is to be stored and processed, and the different types of databases to use so that only the right people gain access to it.

Architecture Trade-offs Pays Well for Enterprise Analytics

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How Careers in Tech is Getting Influenced Due to CryptoCurrency Revolution

Cryptocurrency is the new in-thing that is creating a lot of buzz in the tech world. And though your friends and family might be hearing all good things about Bitcoin, you will be surprised to know – it’s creating job. Yes, you heard it right – cryptocurrency is exploding the job market. From startups to blue chip companies, everyone is talking about the perks of blockchain and what it potentials it holds for future.

 
How Careers in Tech is Getting Influenced Due to CryptoCurrency Revolution

Job trends to follow

Going by the reports uploaded by job search site Indeed, job postings for bitcoin, blockchain and cryptocurrency have increased by more than 620% since November 2015. In fact, the search ratios for such jobs have also increased by 1065%, suggesting supply is expanding along with demand.

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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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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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Data to Fill in the Gaps: Using Data Analytics to Seek Retail Advantage

Retailers need to know their customers well – who they are, what stuffs they like to buy, how they would pay and what they think about the product or service. The best part is that there’s an ocean of data now available to fill in the gaps. Every time a customer visits the store, a long trail of customer data churns out for the retailers to explore.

 
Data to Fill in the Gaps: Using Data Analytics to Seek Retail Advantage
 

With the help of this data, the retailers improve sales figures, customer service and interaction and their product offerings. Leveraging data is crucial. According to Gartner, retailers seek advanced analytic capabilities to shine bright in this age of digitized market solutions.

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Internet of Things: It’s Much More Than What It Appears to Be

Internet of Things: It’s Much More Than What It Appears to Be

What’s all the hype about “the next big thing”? Have you got it yet? Nope? It’s not owing to a lack of imagination, but an observation.

Currently, the Internet of Things is the big buzz. It’s all about enhancing machine-to-machine communication – being structured on cloud computing and systems of data-gathering sensors, the connection is entirely virtual, mobile and instantaneous.

Big Data And The Internet Of Things – @Dexlabanalytics.

What is IoT?

In simple terms, the concept of IoT stresses on connecting any device with the Internet – including cellphones, headphones, washing machines, lamps, coffee makers, wearable devices and almost anything that comes in your mind. The IoT is a colossal network of connected Things (inclusive of people) – the famous analyst firm Gartner says by 2020 there will be more than 26 billion connected devices in this world.

Explaining the Everlasting Bond between Data and Risk Analytics – @Dexlabanalytics.

What makes it so popular?

As we now know, IoT is a network of things and people, where communication takes place through numerous wireless and wired technologies and it comes with a wide set of advantages. Following are some of the advantages of this new breed of technology:

A better, less-complicated life

Imagine a life, where what you seek will be delivered to you right away, before you even ask for it. It may appear to you that you are dropped right into a scene from your favorite sci-fi movie or novel – the moment your morning alarm starts ringing, your bathtub automatically starts getting filled with hot water; when you leave your home, the lights get turned off automatically and doors lock itself on its own; your car takes you to the office through the less-congested roadway and when you return home, your home lights automatically start to switch on and lastly your air conditioner adjusts the temperature of your room once you are ready to hit the bed. Proper use of IoT makes your life easier and effortlessly simple.

Is Change the Only Constant: How Analytics has Changed, while Staying the Same Over the Last Decade – @Dexlabanalytics.

Less accident, better safety

How would it be if for an example you get a heart attack while driving back home and your smartwatch detects it and deploys autopilot mode in your car so that it straightaway takes you directly to the nearest hospital? On the way, your cellphone can dial up the hospital staffs and inform them about the current condition of the patient to help you get the best treatment possible.

Harnessing the power of data

Utilizing the power of data is awesome. Harnessing data to simplify things is the next best thing in today’s world. Living a life straight out of sci-fi movies is awesome, but practically, there’s still some time left for IoT to become a hardcore reality. Once IoT makes its way into our lives, a set of smart devices powered by sensors will take charge and make almost everything possible – whether it’s switching on the AC automatically when a person enters the room or driving a car to a destination without any driver.

IoT helps in taking better decisions in the best interest for businesses

Beyond making your lives easier, IoT possesses a bunch of capabilities – it’s a robust technology that collects the most valuable resource, i.e. data. Data helps businesses take better, well-informed decisions. 

Of all the recent technological developments, Internet of Things is considered to be one of the biggest trends to watch out for. In the next 5 years, it’s going to change lives forever!

To know more about the Internet of Things and more such digital trends, why don’t you settle for a good business analytics course in Delhi! DexLab Analytics is a premier Data Science training institute Gurgaon that offers hands-on experience to students alike.

 

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Embedded Analytics: How it’s Revolutionizing Businesses Today?

Embedded Analytics: How it’s Revolutionizing Businesses Today?

 

Analytics is the key to modern business growth. But, developing it as a highly interactive analytical interface is challenging enough to exhaust the time and resources both. As a result, many businesses are shifting their focus to Embedded Analytics (EA) for their operations, workflows and decision-making capabilities. This new breed of analytics, known as Embedded Analytics helps businesses leverage the power of data to process them in the most useful manner.

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Discover the Best Industries to Have a Career in Data Science

Discover-the-Best-Industries-to-Have-a-Career-in-Data-Science

Data fires up everything, nowadays. And data science is gaining exceptional traction in the job world, as data analytics, machine learning, big data, and data mining are fetching relevance in the mainstream tech world. By 2025, it is being expected that data science industry will reach $16 billion in value – this is why landing a job in data science domain is the next big thing!

The skills you will imbibe as a data scientist would be incredible, powerful and extremely valuable. You can easily a bag a dream job in corporate moguls, like Coca-Cola, Uber, Ford Motors and IBM, as well as play a significant role in any pro-social or philanthropic endeavors to make this world a better place to live in.

Check out these extremely interesting fields you could start your career in data science:

Biotechnology

No wonder, science and medicine are intricately related to each other. As the technology pushes boundaries, more and more companies are recommitting themselves towards a better public health by nabbing biotechnology. Being a data scientist, you would help in unraveling newer ways of studying large amounts of data – including machine learning, semantic and interactive technologies. Eventually, they would influence treatments, drugs-usage, testing procedures and much more.

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Energy

Power industry functions on data – and tons of it. Whether it’s about extracting mineral wealth from the earth’s crust or transporting crude oil or planning better storage facilities, the demand for data scientists is on the rise. Just as expanding oil fields ask for humongous amounts of data study, installing and refining cleaner energy production facilities relies on data about the natural environment and ways of modern construction. Data scientists are often given a ring to enhance safety standards and help companies recommit themselves towards better safety and environmental regulations.

Transportation

Recently, transportation is undergoing a robust change. For example, Tesla paved a new road of development and turned countless heads by unveiling a long-haul truck that could drive on its own. Though it’s not the first time, they are prone to lead the change.

Beyond self-driving vehicle technology, the transportation industry is looking for more efficient ways to preserve and transport energy. These advancements in technology works wonders when combined with better battery technology development – in simple terms, every individual field in transportation industry is believed to benefit from a motley team of data scientists.

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Telecommunications

The internet is not only about tubes, but all about data. The future of the internet is here, with ever-increasing networks of satellites and user devices establishing communication through blockchain. Though they are yet to be used on large-scale, they have started making news. In situations like this, it would be difficult not to highlight the importance of data science and data architecture as they are becoming major influencers in the internet world. Whenever there is a dire need to make the public aware of a new product, we rely on user data – hence the role of data scientists is the key to a better future.

Today, data science is an interesting field to explore, and it is going to play an integral role as the stride in technology and globalization keeps expanding its base. If you have a keen eye for numbers, charts, patterns and analytics, this niche is perfectly suitable for you.

DexLab Analytics is a prime Data Science training institute Delhi that excels in offering advanced business analyst training courses in Gurgaon. Visit our official site for more information and make a mark in data analytics!

 

Interested in a career in Data Analyst?

To learn more about Data Analyst with Advanced excel course – Enrol Now.
To learn more about Data Analyst with R Course – Enrol Now.
To learn more about Big Data Course – Enrol Now.

To learn more about Machine Learning Using Python and Spark – Enrol Now.
To learn more about Data Analyst with SAS Course – Enrol Now.
To learn more about Data Analyst with Apache Spark Course – Enrol Now.
To learn more about Data Analyst with Market Risk Analytics and Modelling Course – Enrol Now.

Program Director Tanmoy Ganguli’s Research Papers Selected for Convergence 2017 at IFIM B School

We are happy to announce that our honorable Program Director, Tanmoy Ganguli’s couple of research papers titled: The Global Financial Crisis, Sensex and Stock Market Bubbles: A tale re-told and The Modelling of Allowances for Loans and Lease Losses During Stock Market Bubbles got selected for presentation at the 12th Annual Conference of IFIM Business School, Bangalore. No wonder, we the entire team at DexLab Analytics is feeling ecstatic and why not we have all the reasons in the world!!

 
Program Director Tanmoy Ganguli’s Research Papers Selected for Convergence 2017 at IFIM B School
 

Both the research papers are written and crafted by Tanmoy Ganguli, who has great expertise and fulfilling knowledge in the field of Credit Risk Modeling, SAS and Regression Models. Before setting his foot in the world of analytics, he worked as an assistant professor at a reputable college in Kolkata, hence happened to gain a lot of experience in teaching and managing students. His papers are intensely well-researched and hence got selected for presentation at Convergence 2017, which took place on 15th and 16th September 2017 at IFIM Business School, Bangalore. The theme of the event was Management 2022: Growth and Sustainability Challenges.

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