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Move Your Career towards Big Data Analytics: The Future Looks Bright

Posted on June 30, 2017October 5, 2018 by Dexlab

With state-of-the-art technology looming on the horizon, the $150-billion Indian IT industry has a high appetite for workers accomplished in the fields, like AI, Data Science, Big Data, and more.

Soon, it wouldn’t be enough to flash an engineering degree or some minor knowledge in Java or Python – the need for data science and artificial intelligence is on the rise. Automation is going to be the key to change. Globally, 12% of employers have started thinking of downsizing their workforce owing to technological advancement. Amidst all this, don’t think India would be spared. Indian bosses fear automation will reduce their headcount too. But fret not, it’s not all a bad news – there is always a silver lining after rains and that is Big Data jobs.

Shine bright with Big Data

In India, the number of job openings in the Analytics field almost doubled from the last year. Digital natives, like Amazon, Citi, HCL, IBM, and Accenture are waiting to fill close to 50000 positions, according to a study conducted by Analytics India Magazine and Edvancer. All these definitely signify parting off the dark clouds, and I can’t agree more!

Artificial Intelligence and Machine Learning are building a base of its own. Moreover, AI is deemed to be the hottest technical sector in the next 5 years and would beam in success. Along with top-of-the-line tech firms, more than 170 startups have transfixed their gaze on this field. To surf on the next wave of IT jobs, candidates need to step aside from low-in-demand stale skills to excel on budding Analytics skills. Every single HR Manager out there is seeking professionals who can manipulate algorithms and work wonders in various machine-learning models and you can be one of them!

Get better, get evolved

Expertise in languages, like Java/C/C++ gives you a certain edge, but to enter the dominating field of Big Data, techies will be asked to master intricate languages, such as Scala and Hive that are less conventional. Millennial recruiters are also looking out for those who have a keen insight for good design and flawless code architecture. “Programmers who focus on good design principals are always preferred over programmers who can just code,” Rajat Vashishta, founder of Falcon Minds, a resume consulting firm, says. “User experience matters a lot more than it used to, say, five years ago.”

Where skills in technology, like business intelligence, artificial intelligence, machine learning and DevOps are flourishing, minute attention need to be given on proper implementation of these skills, according to Aditya Narayan Mishra, chief executive officer of CIEL HR Services, a recruitment firm, otherwise all of it would be a total waste.

It’s all in the layout

Presentation matters, you agree or not! Make your resume ready to strike the job criteria you are applying for. For example, if a user interface developer wants to become a full stack developer, he must mention back-end programming skills in the profile. This will give an instant boost to the resume. The design of a resume has also changed over the years. Now, the shorter your resume the better response you get. “Most techies write pages and pages of projects in their resumes. While it is important, in most cases, the same information gets repeated. Anything above two pages is a big no,” says Vashishta.

Feel free to get in touch with our in-house experts for a data analyst course at DexLab Analytics, the premier platform for Data Science Online training in Noida.

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New and Improved Data Pane in SAS Visual Analytics Now Goes Painless

Posted on June 27, 2017June 27, 2017 by Dexlab

It seems some good news is waiting for you – honing your data for effective reports are easier now with the 8.1 release of SAS Visual Analytics. In this technical blog, we will understand the structure of data pane, how it exhibits data from an active data source, and a handful number of tasks, which you might want to perform – like viewing measure details, adjusting data item properties and fabricating geographic data items, custom categories and hierarchies.

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The Tides Of Change Is Here: Accenture’s Bhaskar Ghosh Talks About AI, IoT and Big Data

Posted on June 23, 2017June 27, 2017 by Dexlab

With the Fourth Industrial Revolution looming ahead, many would think that we are already in a digital economy era. Well, somewhat it holds true even. There are countless new apps and software programmes that help people hail a cab, make reservations in a hotel or mop floors by using robotic technology. Smart machines have become really smart to do a plethora of highly adept jobs, which would have been a little bit difficult on the part of humans to perform.

“While technology has long been developed to serve specific business needs, we are now in an era where people are central to the design and development of technologies,” stated Bhaskar Ghosh, group chief executive, Accenture Technology Services. In a recent interview with a leading financial magazine, he talked over Accenture’s Technology Vision 2017 and gave snippets about the latest trends and innovations that have become a pre-requisite to achieve success in the more-than-ever digitised economy.

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Celebrate #InternationalYogaDay: Get the Most Out of Yoga from Big Data

Posted on June 21, 2017June 21, 2017 by Dexlab

Bored of the same old fitness routine?

This International Yoga Day, dust off your yoga mat and take a holistic approach to health and wellbeing. Continue reading “Celebrate #InternationalYogaDay: Get the Most Out of Yoga from Big Data”

Big Data Salary Report 2017: A Gateway to a Great Career in Analytics

Posted on June 20, 2017June 20, 2017 by Dexlab

In the US, big data engineer salaries are predicted to range between $135000 and 196000 in 2017, an increase of 5.8% from 2016 salary structure.

In India, big data professionals are predicted to earn salaries in the range of 9.8L INR to 13.10L INR, increasing 6.4% over 2016 salary level.

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More Powerful and Soon To Be Everywhere, Here’s All You Need to Know about AI

Posted on June 15, 2017June 15, 2017 by Dexlab

This Wednesday, at the Google I/O Keynote, there wasn’t just one major revelation, but a series of incremental improvements across several Google’s product portfolios. And the best part of the story is all the improvements are driven by discoveries in artificial intelligence – the intelligence exhibited by machines.

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More Than Fifty Percent Companies Lack Required Tools and Investment for Efficient Business Analytics

Posted on June 12, 2017July 19, 2018 by Dexlab

Fifty-nine percent of the companies around the world are not using Predictive Models or Advanced Analytics – says Forbes Insights/Dun & Bradstreet Study.

A recent study by Forbes Insights and Dun & Bradstreet, “Analytics Accelerates Into the Mainstream: 2017 Enterprise Analytics Study,” elucidates the ever-increasing indispensable role that analytics play in today’s business world, all the way from devising strategies to operations. The gloomy Forbes study highlights the crucial need for immediate investment, implementation and prioritization of analytics within companies.

The survey was carried on more than 300 senior executives in Britain, Ireland and North America and the report illuminates that the leading corporate giants need to invest more on the people, the processes they use and technologies that authorize decision support and decision automation.

Bruce Rogers, chief insights officer at Forbes Media was found quoting, “This study underlines the need for continued focus and investment,” he further added, “Without sophisticated analysis of quality data, companies risk falling behind.”

“All analytics are not created equal,” said Nipa Basu, chief analytics officer, Dun & Bradstreet. She explained, “This report shows a critical opportunity for companies to both create a solid foundation of comprehensive business data – master data – and to utilize the right kind of advanced analytics. Those that haven’t yet begun to prioritize implementation of advanced analytics within their organizations will be playing catch-up for a long while, and may never fully recover.”

Key findings revealed:

Need for tools and best practices

Though data usage and consumption growth brags about success, little sophistication is observed in how data are analysed. Only 23% of the surveyed candidates are found to be using spreadsheets for all sorts of data work, while another 17% uses dashboards that are a little more efficient than spreadsheets.

The survey says mere 41% rely on predictive models and/or advanced analytical and forecasting techniques, and 19% of the respondents implement no analytical tools that are more complicated than fundamental data models and regressions.

Skill deficiency stalling analytics success

Twenty seven percent of respondents diagnosed with skill gaps as a major blocker between current data and analytics efforts. Fifty two percent were found to be working with third-party data vendors to tackle such lacks of skills. Moreover, 55% of the surveyed contestants said that third-party analytics partners performs better than those who works in-house, exhibiting both a shortage of analytics capabilities among in-house analysts and a dearth in skilled workers.

Investment crunch

Survey respondents ticked lack of investment and problems with technology as the top hindrances to fulfilling their data strategy goals. Despite the increasing use of data, investment in deft personnel and technology is lagging behind.

CFO’s introspect into data for careful insights

According to the survey, 63% of those who are in the financial domains shared they are using data and analytics to discover opportunities to fund business growth. Further, 60% of the survey respondents revealed they rely on data to boost long-term strategic planning.

For more interesting blogs and data-related stuffs, follow us on DexLab Analytics. We are a leading Data Science training institute in Delhi offering high-in demand Business analyst training courses in Gurgaon. Reach us today!

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Making Data Visualizations Smarter, Tableau Explains How

Posted on June 7, 2017October 5, 2018 by Dexlab

Appalling, bewildering and utterly nonsensical – data at times can look incomprehensible, especially in its raw forms. This accelerated the foundation of the data visualization company and our very own ‘business dashboard’ tool. Generally found locked within the so-called BI sphere, we can now consider these top notch graphical tools as a powerful medium of assimilating, categorizing, analyzing and then presenting data in a highly interactive and interesting form, using images and charts.

What images are used in a BI dashboard?

Typically, we would found scatter plots, bubble charts, heat maps, pie charts, geographical maps and of course standard tables strewn across a BI dashboard– in short, it is a real smorgasbord of visualization tools.

But a question that clogs our minds is – why do we have to use these tools? What purpose they serve? The most prominent underlying reason typically revolves around the fact that we rely more on the computing power to sail through the numbers and then feature those numbers or ‘trends’ that the human mind would have taken ages to comprehend.

From our standpoint, we humans are more comfortable with pictures than tables or numbers. Spotting a trend through visual representation makes things easier and faster as compared to their traditional counterparts.

Infusing some more intelligence

Tableau Software, a Data Visualization specialist is in its endeavour to add intelligence in its existing format by injecting new brain power in the Tableau 10.3 product release.

Expect the following updates:

Automated table and join recommendations, powered by machine learning algorithms
Data driven alerts for proactive monitoring of key metrics
Six new data sources are added for rapid-fire analysis

To make things easier, Tableau excels to help create data dashboard table construction USING machine learning tools – and, trust me it would be quite important as all the machine logs comes mostly from the Internet of Things (IoT).

The mechanism behind data alerts

Powered by latest data-driven alerts, users can now receive instant notifications just the moment their data crosses a pre-determined threshold, ensuring they never miss out the changes occurring within the organisation.

Francois Ajenstat, chief product officer at Tableau stated, “Tableau 10.3 makes it easy for teams to access data, wherever it resides. In all, customers can now connect to more than 75 data sources via 66 connectors, without any programming. That includes a new PDF connector, which allows people to directly import PDF tables into Tableau with just one click. With an Adobe estimated 2.5 trillion PDFs worldwide, this unlocks a new realm of data that can be leveraged for rich analysis.”

New improved Tableau is now equipped with new connectors to data sources, like ServiceNow, MongoDB, Amazon Athena, Dropbox and Microsoft OneDrive.

Is data visualization really a cure-all?

If you ask me, I would say NO, not necessarily. Just by adopting data visualization and BI tools, such as Penataho, SAP, Microsoft, TIBCO and others, it doesn’t mean everything will be good to go. Keep in mind, though the algorithms are gaining momentum and becoming super powerful, we humans are still better in identifying the nuances, quirks, outliers and absolutely unique one-offs.

As parting thoughts, Tableau is marvellous, but don’t forget your fundamental commands in mathematics, learnt at school. They’ll help you, for sure! Till then, wish you luck!

For Tableau training courses, rest your trust on DexLab Analytics. We are a reputable Tableau Training Institute, headquartered in Gurgaon, with a branch in Delhi.

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Pentagon Fights Off ISIS with Machine Learning and Big Data

Posted on June 6, 2017June 6, 2017 by Dexlab

Machine learning and big data are the new BIG things going around in the world. They are being used for myriad purposes – better AI, apt malware detection, smart messenger apps, and lot, lot more. Topping that, they are being utilized by the Pentagon to eradicate the foundations of Islamic State militants and make the world a safer (and better) place to live in.

This May, the Pentagon announced that it is undertaking its newly minted Algorithmic Warfare Cross Functional Team (AWCFT), codenamed Project Maven, with introducing Big Data and Machine Learning to boost the process of discovering actionable intelligence with the help of aerial imagery. “We’re not going to solve it by throwing more people at the problem…That’s the last thing that we actually want to do. We want to be smarter about what we’re doing,” Air Force Lt. Gen. John N.T. “Jack” Shanahan, director for defence intelligence for war fighter support told a leading defence news magazine.

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