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Tell Your Kids To Be a Data Scientist Instead of a Doctor/Lawyer/Banker!

Back in the days of yore, parents would tell their kids that if you do not eat your veggies or study hard then your friends will be doctors, lawyers and bankers and you would have to cut grass!

 

Tell Your Kids To Be a Data Scientist Instead of a Doctor/Lawyer/Banker!

 

My parents also told me to work hard and get good grades so that one day I become a successful doctor/engineer! But now times have changed and while the definition of true success may differ from one person to another. The title of a truly successful professional surely has seen a paradigm shift. Continue reading “Tell Your Kids To Be a Data Scientist Instead of a Doctor/Lawyer/Banker!”

Latest Open Source Tools in Data Analytics Beyond Apache Spark

Latest Open Source Tools in Data Analytics Beyond Apache Spark

In the IT world change is always in the air, but especially in the realm of data analytics, profound change is coming up as open source tools are making a huge impact. Well you may already be familiar with most of the stars in the open source space like Hadoop and Spark. But with the growing demand for new analytical tools which will help to round up the data holistically within the analytical ecosystem. A noteworthy point about these tools is the fact that they can be customized to process streaming data.

With the emergence of the IoT (Internet of things) that is giving rise to numerous devices and sensors which will add to this stream of data production, this forms one of the key trends why we need more advanced data analytics tools. The use of streaming data analysis is used for enhanced drug discovery, and institutes like SETI and NASA are also collaborating with each other to analyze terabytes of data, that are highly complex and stream deep in space radio signals.

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The Apache Hadoop Spark software has made several headlines in the realm of data analytics that allowed billions of development funds to be showered at it by IBM along with other companies. But along with the big players several small open source projects are also on the rise. Here are the latest few that grabbed our attention:

Apache Drill:

This open source analytics tool has had quite good impact on the analytics realm, so much so that companies like MapR have even included it into their Hadoop distribution systems. This project is a top-level one at Apache and is being leveraged along with the star Apache Spark in many streaming data analytics scenarios.

Like at the New York Apache Drill meeting in January this year, the engineers at MapR system showed how Apache Spark and Drill could be used in tandem in a use cases that involve packet capture and almost real-time search and query.

But Drill is not ideal for streaming data application because it is a distributed schema free SQL engine. People like IT personnel and developers can use Drill to interactively explore data in Hadoop and NoSQL databases for things such as HBase and MongoDB. There is no need to explicitly describe the schemas or maintain them because the Drill has the ability to automatically leverage the structure which is embedded in the data. It is capable of streaming the data in memory between operators and minimizes the use of disks unless you need to complete a query.

Grappa:

Both big and small organizations are constantly working on new ways to cull actionable insights from their data streaming in constantly. Most of them are working with data that are generated in clusters and are relying on commodity hardware. This puts a premium label on affordable data centric work processes. This will do wonders to enhance the functionality and performance of tools such as MapReduce and even Spark. With the open source project Grappa that helps to scale the data intensive applications on commodity clusters and will provide a new type of abstraction which will trump the existing distributed shared memory (DSM) systems.

Grappa is available for free on the GitHub under a BSD license. And to use Grappa one can refer to its quick start guide that is available readily on the README file to build and execute it on a cluster.

These were the latest open source data analytics tools of 2017. For more such interesting news on Big Data analytics and information about analytics training institute follow our daily uploads from DexLab Analytics.

 

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Are You a Student of Statistics? – You must know these 3 things

Are you a student of statistics?

We a premiere statistical and data analysis training institute offering courses on Big Data Hadoop, Business intelligence and Ai. We asked our faculty to tell us the three most important things that every student of elementary statistics should know.

So, let us get on with it:

  1. The notion that statistics is about numbers, is in the context only: statistics involves a rich treasure trove of numeric and graphical representation of displaying data to quantify them also it is very important to be capable of generating graphs along with numbers. But that is not the half part of statistics and the main interesting aspect is related to making the big leap from numbers and graphs to the realistic worldly interpretations. Uncannily statistics also poses to be a fascinating philosophical tension raising the question and healthy skepticism about we believe in and what we do not.
  2. The analysis part is not the most crucial part of a statistical study, the most important part lies with the when, where and how of gathering the data. We must not forget when we enter each number or data, calculate and plot the strategies we build on our understanding, but many a times at the time of interpretation that each every graph, data or number is a product of a fallible machine, be it organic or mechanical. If we are able to take proper care at the stage of sampling and observation we will be able to obtain great dividends at the final stage of interpretation and analysis of all our statistical efforts.
  3. All statistical functions off all kinds of mathematical sciences are based on a two-way communication system. This communication system should be between the statistician and non-statistician end. The main aim of statistical analysis is to put forward important social, public and scientific questions. A good statistician knows how to communicate with the public especially with those who are by and large not statisticians. Also the public here plays an important role and must possess simple idea of statistical conclusions to grasp what the statisticians have to say to them. This is an important criterion to be incorporated in the K-12 and college curriculum for elementary statistical students.

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If you agree with our views and would like to discuss further on statistics and its application on data analysis then feel free drop by DexLab Analytics and stay updated on the latest trends in data management and mining.

 

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Interesting Statistics of Employment: 5 Figures

Interesting Statistics of Employment: 5 Figures

It is a common sight to see the old and young talking about the job market that is going through a slump, regardless of the time or the economic conditions of the country; this picture usually is accompanied with some “cutting chai” at tea stalls on busy streets or cool cafes at the malls with the slurp of espresso with a tiny straw where the average upper-middle class youth talk about their first-world dreams while breathing progressive third-world air.

But is that really always the case? Data management or statistical analysis as we have established several times before, is sending the job market into hyper-drive, attracting millions of MNCs into the Indian soil and populating the job search portals with millions of opportunities in data.  But dare we only make statements, we are statisticians and we know that numbers do speak louder than simple statements.

So, in keeping with our love for figures and facts backed by data, DexLab Analytics has compiled a list of interesting statistics about the job market and the process of hiring.

#1 Each and every major corporate job position attracts a minimum of 250 applications!

Out of all these applications only 4 to 6 resumes get shortlisted and are called for interviews. Out of these 4 to 6 people only 1 lucky candidate is selected.

#2 Every job seeker takes into account 5 factors before accepting the position at a firm.

They are –

  • The company culture, values and overall work environment
  • Distance, ease of commute, location
  • Prospects of maintaining work/life balance
  • Growth prospects in career and
  • Pay package and compensation.

#3 Almost 94 percent of sales personnel revealed that base salary is the most important determining factor in the compensation package for them.

But 62 percent of sales personnel say that commission is the most important element.

#4 Out of 3 employees at least 2 say that most employers do not do or do not know how to use social media platforms for promoting job openings.

And 3 out of 4 employees also believe that most companies and employers do not know how to promote their brand on social media networks as well.

#5 Social media platforms are used to search for jobs by 79 percent of jobseekers.

This figure rises to 86 percent for younger job seekers who are in their initial 10 years of job search.

To learn more about statistical analysis and for Data analyst certification in Gurgaon drop by our website at DexLab 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.

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