In the coming years, jobs and businesses are going to be impacted; reason AI. Today’s generation is very much concerned about how the bots will consume everything; from jobs to skills, the smart machines will spare nothing! It is true that machines are going to replace man-powered jobs – by using robots, mundane jobs can be performed in a flick of an eye freeing people working in bigger organisations to innovate and succeed.
Continue reading “When Machines Do Everything – How to Survive?”
Two decades ago, if someone asked me to write a computer program that played tic-tac-toe, I would have failed horribly. Now being an accomplished computer programmer, I know the desirable tricks to solve tic-tac-toe with the help of “Minimax Algorithm”, and what it takes is just about an hour to jot down the program. No doubt, my coding skills have evolved over the period of time, but also computer science technology has reached unattainable heights.
Computers paved the ways for a startled innovation. When in 1997, IBM introduced a chess-playing computer, known as Deep Blue, which eventually beat world-renowned Grandmaster Garry Kasparov in a six-game match, people remained in awe for years. Following the trend, in 2016, Google’s London-based AI Company, DeepMind launched AlphaGo – and it mastered over the ancient board game Go. Computers have outplayed the best human players in the games of chess, draughts and backgammon, now it’s time for Go.
The technology goes on thriving, beating humans at games. In late May, AlphaGo is all set to take on its human rival Ke Jie, the best player in the world during the Future of Go Summit in Wuzhen, China. Games, which solely relied on human intelligence, wit, intuition, discern is now excelled by the AI, which is powered by improved engineering and computer superiority.
Don’t you think this is great! Where AI is driving our cars, looking for ways to cure deadly cancer and helping us in everyday work, winning at Go takes AI a step ahead. It not only makes the games more fun and exciting, but endlessly enjoyable.
In the eastern part of the world, notably in China, Japan and South Korea, Go is extremely popular and many celebrities indulge in it. The game developers showed interest for long in the complexity of this game. However, the rules are simple – the main objective is to secure the maximum territories by placing and capturing black and white stones on a 19×19 grid.
Chess is less complicated than Go; in the latter, the chances of recognising wins and losses is relatively tougher, as stones possess equal values, and ensures understated impacts throughout the board. To play Go, AlphaGo program implemented deep learning in neural networks – a brain-stimulated program. The connections formed here runs in-between layers of simulated neurons, further strengthened by examples and experiences. Firstly, it analysed 30 million positions from expert games, while gaining abstract information about the state of play from the board data, just like other programmes that classify images from pixels. After all this, finally it played against itself over 50 computers to improve its performance, with each iteration and this came to be known as reinforcement learning.
“AlphaGo plays in a human way”, says Fan – DeepMind’s program AlphaGo beat Fan Hui, the European Go champion. He further added, “If no one told me, maybe I would think the player was a little strange, but a very strong player, a real person.” “The program seems to have developed a conservative (rather than aggressive) style”, adds Toby Manning, a veteran Go player and a referee.
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The job of a data analyst or scientist revolves around gathering a bunch of disorganized data, and then using them to build a case through deduction and logic. Finally, following that you will reach a conclusion after analysis.
Below quote from Sherlock Holmes is relevant –
“When you have eliminated the impossible whatever remains, no matter how Improbable it is must be the truth.”
He always started each case by focusing on the problem.
The problem would sometimes arrive in the form of a letter, sometimes as an item in the newspaper, but most often, it would announce itself by a knock at the door. The client would then present the mystery to Holmes and he would probe the client for salient information. Holmes never relied on guesswork or on assumptions. For Holmes, each new case was unique, and what mattered were reliable and verifiable facts about the case. These gave the investigation an initial focus and direction.
“It is a capital mistake to theorize before one has data. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts.”
Similarly a data analyst is expected not to assume or formulate theories, which can make the reasoning biased. In his stories, Sherlock Holmes demonstrates his keen powers of observation and deduction from data in front of him. He can decipher how the light enters in Watson’s bathroom based on how his beard is shaved; he attests one person has lived in China from one of his tattoos; he discovers previous financial situation of a man who he had never seen before just looking to the hat the man had just used.
A data scientist has powerful computational and statistics tools that help him finding patterns amid so much data.
In the end, a data analyst’s introduction can be similar to what Sherlock said:
“My name is Sherlock Holmes. It is my business to know what other people do not
know.”
–Team Cosmos
You can learn more about Data analysis by taking up Data analyst certification courses. DexLab Analytics also offers Business analyst training courses.
Interested in a career in Data Analyst?
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Do these following questions clog your mind?
I aspire to become a business analytics professional, but I don’t know what skills to possess?
I am sceptical; which training should I opt for in order to establish my career in the sphere of business analytics?
I am looking forward to switch my career into data analytics, but I don’t know which skills to imbibe for better prospects?
Answer: Yes, they do.
Continue reading “Take Small Steps With Big Feet of Business Analytics”
Microsoft launched its Power BI tool quite some time ago now, and the way things seem to advance is pretty amazing to say the least. This is a great Business Intelligence and analytics tool and it seems it is only a matter of time before the Power BI becomes the tool of choice for Business Intelligence and analytical works in almost all of the foresighted corporations.
This is a powerful BI tool now available in the hands of enterprises, who are looking to extract data from multiple disparate sources in order to derive meaningful insights from it. The tool offers unprecedented interactive visualization opportunities along with true self-servicing analytical capacities.
With all of these it helps the whole look of the same data to appear from varying angles and also allows the reports and dashboards to be made by anybody within the organization without assistance from IT administrators and developers.
Are you keen on acquiring a Big Data certification then check out DexLab Analytic’s Machine Learning courses in Delhi now!
Power BI is leading the way in cloud business analytics and intelligence. It offers the services, which can directly be harnessed from the cloud, and it is a huge advantage when it comes to how BI can be utilized. The desktop version of power BI is also available and is known as the Power BI desktop.
The entire range of ordinary tasks can be performed with this Power BI like – data discovery, data preparation, designing of the interactive dashboards. Microsoft also went a step ahead by putting up the embedded version of Power BI in its highly revered Azure cloud platform.
The company already has a pretty good presence in the analytics environment with its popular products like SSAS – SQL Server Analysis Service. However, it did not have any strong presence in the BI delivery system and OLAP segment i.e. Online Analytical Processing.
Excel for a long time has been Microsoft’s attempt at being a presentation layer for its data analysis tools. However, Excel has a lot of disadvantages like limited memory, integrity issues with data which are the main reasons why it is often not very appealing to the corporate clients who want something more malleable for business analytics.
You can give your career a powerful boost with Big Data training from the leading Big Data training institute in Delhi NCR.
However, a really powerful BI tool is what takes Excel to a great new level; it helps to offer a whole new experience to working with tools like Power Query for data extraction and its transformation. The Power Pivot tool which, is deployed for data analysis and modelling and lastly, the Power View which, is used to map the data and visualize it distinctly in unprecedented ways. With Power Bi one can put all of these tools into a consolidated manner and will make it easier to work without having to depend on to MS Office solely.
In closing thoughts, thus, it is safe to say that Power Bi is putting the right use of power in the right hands of the customers. so, a power BI training can be a good decision for one’s career at this point, for those who consider themselves as a forward-thinking IT professional.
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The main objective behind using any analytics tool is to analyze data and gather commercially relevant and actionable insights to accelerate results and performances of any organization. But currently there are a variety of tools available so, it often becomes difficult for managers to know which ones to use and when. You may be considering an online certificate in business analytics so reviewing and understanding these key tools may be of great value.
So, we thought you may want to know a few of the key analytics tools in use today and how they can be helpful for different business organizations.
Continue reading “A Few Key Business Analytics Tricks Every Manager Must Know”
In this blog post, we will discuss on the approach we can follow to provide an actionable analytics. Doing actionable analytics is not easier said than done. It requires a focused analytical process. Here we will outline the three important phase or levers that can improve the process of delivering actionable analytics. The three phases can help you to improve the financial aspects of the business by doing actionable analytics.
For example, if we are delivering actionable analytics for the marketing function. In each phase we will identify some critical characteristics or parameters that are going to influence the financial value directly or indirectly.