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Facial Recognition Technology: Where Opportunities are Endless and Science is Terrific

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Facial Recognition Technology: Where Opportunities are Endless and Science is Terrific

We are on the verge of the Fourth Industrial Revolution – where massive amounts of texts, tweets, photos, videos, status updates, GPS coordinates, reposts and clickstreams are being pumped out into the digital universe. This data is like the food for colossal artificial intelligence.

If we talk about resources, the ocean that AI-induced data has filled up is nothing if compared to California gold rush, Texas Oil boom or similar events. Huge amounts of data are clogging the digital space all over. Algorithms, based on AI are driving innovation in every field of work, right from products to services, and the more data you possess, the more accurate the algorithm is expected to be. As a result, collection and analysis of big data have become a prime focus of companies, big and small.

Introducing Deep Learning

But how does this mammoth AI works? How does it digest this amount of data? Of course through interconnected, high-end devices powered by embedding “eyes”, named as Deep Learning. These artificial neural networks work on the principle of machine learning algorithms and simulate the complex structure of human brains. Employing mammoth data pools and lakes, deep learning determines and interprets intricate patterns, just the way humans do. In fact, some of the artificial neural networks are so adept at incorporating these patterns that they can even mimic the manner in which humans recognize faces.

DeepFace:  A Stiff Competitor of Human Brain

In terms of facial data, Facebook is the largest reservoir of facial data, and back in 2015, it came out with a cutting edge version of “tag photos” feature, DeepFace – it features a nine layer neural network that resembles characteristics in individual photographs with 97.25% accuracy. This fabulous technology not only connects your name with your face, but it can easily pick you out of a crowd, and the figure says a human brain is only 0.28% more effective than DeepFace.

Of late, Facebook has acquired a new patent, “Techniques for emotion detection and content delivery,” – it helps in capturing user’s facial expressions through the camera in real time while they scroll across their feed, recording their emotions for various content. This new-age technology can not only customize your Facebook feed, but can also link numerous live in-store cameras for a better shopping experience, piling up data from Facebook and determining the shopper’s present mood and preference.

Facebook and Beyond

Though Facebook is dominating the waters of facial recognition, there are several other companies that are trying their luck into this domain. Ebookers, a sub-site of Expedia has launched a tool named SenseSational, which employs real time facial recognition software to monitor users’ faces, while they peruse over images and sounds that appeal to the senses.

On the other hand, Singapore Technologies Electronics is using facial recognition technology to identify the faces of commuters, as they walk across fare gates and charges their prepaid account respectively. No longer the commuters have to show their fare card while standing in queue; thus it eases the crowd buildup during rush business hours.

In conclusion, companies can anytime look up to deep learning from any angle. The giant of artificial intelligence is forever hungry, you can feed it with data whenever you like, and see it expand and flourish.

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Let’s Take Your Data Dreams to the Next Level

The original article first appeared on – https://www.entrepreneur.com/article/311228

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How India is driving towards Data Governance

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Data is power – it’s the quintessential key to proper planning, governance, policy decisions and empowering communities. In the recent times, technological expansion is found to be contributing immensely towards ensuring a sustainable future and building promising IT base. Robust developments in IT related services have resulted into key breakthroughs, including Big Data, which as a result have triggered smooth data governance.

How India is driving towards Data Governance

According to a NASSCOM report, India’s analytics market is expected to grow from $1 billion to $2.3 billion in the year 2017-18. However, the fuller benefits of data analytics are yet to be channelized by the public sector.

In a varied country like India, data collection is a lengthy procedure. At present, information is being collected by various government departments straight from Panchayat levels to state levels. Though, most of the data remains trapped within department walls, it is largely used to pan out performance reports. Also, certain issues in timely collection of data pops up, while sometimes the quality of data collected becomes questionable, hence delaying the entire analysis.

 

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Quality data plays an integral role, if analyzed properly at the proper time. They can be crucial for decision-making, delivery of services and important policy revisions. As a matter of fact, last year, Comptroller and Auditor General (CAG) initiated Centre for Data Management and Analytics (CDMA) to combine and incorporate relevant data for the purpose of auditing. The main purpose here is to exploit the data available in government archives to build a more formidable and powerful Indian audit and accounts department.

Indian government is taking several steps to utilize the power of data – Digital India and Smart Cities initiatives aim to employ data for designing, planning, managing, implementing and governing programs for a better, digital India. Many experts are of the opinion that government reforms would best work if they are properly synchronized with data to determine the impact of services, take better decisions, boost monitoring programmes and improve system performances.

Open Data Policy is the need of the hour. Our government is working towards it, under the jurisdiction of the Department of Information and Technology (DIT) to boost the perks of sharing information across departments and ministries. Harnessing data eases out the load amongst the team members, while ensuring better accountability.

Tech startups and companies that probe into data and looks for solutions in data hoarding and analytics to collect and manage complicated data streams need to be supported. The government along with local players should encourage citizens to help them in collecting adequate information that could help them in long-run. India is walking towards a rapid economic development phase, where commitment towards information technology, data governance and open-source data is of prime importance. For the overall economy, bulk investments in capacity building, technology implementation and data-facilitating structures should be considered and implementable to bring plans and participation into place to hit off a better tech-inspired reality.

For data analyst certification in Delhi NCR, drop by DexLab Analytics – it’s a prime data science online training centre situated in the heart of Delhi.

The original article appeared on – https://economictimes.indiatimes.com/small-biz/security-tech/technology/indias-investment-in-big-data-will-ensure-governance/articleshow/57960046.cms

 

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Watch Out: Top Retail Trends 2018 That Might Redefine Industry Goals

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They must change – retailers finally understood this basic but true fact. For years, the retail honchos were averse to change – they preferred everything to be smooth and consistent like they were in previous years.

Watch Out: Top Retail Trends 2018 That Might Redefine Industry Goals

Now, the retail game-play is changing altogether. Today, it’s the customer who defines the entire shopping experience. No longer, storing data in traditional silos is termed as a viable option – the integration of omni-channel trade and tech-inspired merchandizing is the go-to option. Already, several well-funded retailers and global store giants are on their way to exploit the data power – they are adjusting their working mechanisms and resorting to assortment and innovations because that’s the only way to survive and sail away!

Looking ahead, here are some of the biggest retail trends to watch in 2018:

A dramatic evolution in technology

Technological transformation holds a fresh can of possibilities for retailers, but its implementation demands a lot of attention. While 2017 was reckoned to be the year of digital discovery, 2018 is going to be the year when retailers will adapt with the changing market and experience evolution in their customer’s needs. Hence, evolution will be the key to success.

Opportunities in AI are also on the rise. Chatbots, robotics and facial recognition and image recognition technologies are unleashing robust opportunities this year. Retailers are hoarding large chunks of data to curate personalized experiences for customers, and win their hearts away. More data means improved algorithm performance, and the best thing is that retailers are going on generating significant amounts of data, through both offline and online mediums. Artificial intelligence in retail can be utilized in many ways, right from improving product specifications and enhancing customer service experience.

Artificial intelligence coupled with machine learning and Internet of Things supports customer experience – there exists amazing opportunity for retailers to gain by using these new age concepts. For better data utilization, get yourself an excellent data analyst training from DexLab Analytics.

Mobile payments will usher us into a cashless economy

China has already gone cashless; thanks to AliPay and WeChat Pay. Following that, the rest of the world is looking up to the likes of Amazon Pay, Walmart Pay, Apple Pay and other types of cryptocurrencies. It’s only a matter of time before global consumers replace their plastic debit cards with more efficient and faster mobile payment options.

Work on improving offline experiences too

Not only online, but retailers should consider looking into offline experiences – how they can keep shopping as human, real and visual as possible. The mode of shopping might be transforming, but humans and their preferences are still the same. Customer experience is still important and offline experience will just focus on that.

Robotic retail is scaling up

In the E-commerce industry, the robot to human ratio is fast changing. While Walmart is testing retail robots, drone delivery is increasingly becoming popular and a viable solution. By 2020, its predicted consumer facing robots will show up in retail stores, all over.

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Improvements in technology mean a lot of retail growth. And when its technology, we can’t leave behind DATA. It’s like the new currency in the retail scenario – for a comprehensive Retail Analytics Courses, visit DexLab Analytics.

The article has been sourced from:

https://www.forbes.com/sites/pamdanziger/2017/12/27/retail-shopping-predictions-2018/#1116fcdafb33

 

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How This Bengaluru Startup Is Using AI to Detect Early Stage Breast Cancer in Women

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The World Health Organization says – one out of two women diagnosed with breast cancer dies within five years in India. In the US, the fatality is less than one out of five, and in China, one out of four. Shortages of technology for early detection and radiographers coupled with the expense of regular screening, which normal people find too expensive to afford in India have led to an increasing number of breast cancer cases of late. Today, breast cancer has outstripped cervical cancer as the major cause of cancer death among women in this country.

 
How This Bengaluru Startup Is Using AI to Detect Early Stage Breast Cancer in Women
 

A Bengaluru-based tech startup and the brainchild of Geetha Manjunatha (CEO) and Nidhi Mathur (COO), NIRAMAI offers breast cancer screening solution by combining artificial intelligence, machine learning and cloud. It aims at tackling the issue of accessibility and expenses of breast cancer screening. These two dynamic women had seen cancer very closely in their family and feel an emotional connect with anyone who is diagnosed with this deadly disease. This led to the conceptualization of NIRAMAI, which means BEING WITHOUT DISEASES in Sanskrit. Also, it’s an acronym for “Non-Invasive Risk Assessment through MAchine Intelligence”.

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The Working Principle

The breast cancer screening solution by NIRAMAI is non-invasive, non-contact and non-radiation process of detecting early stage breast cancer amongst women of all ages. The deep technology that it claims to have patented is Thermalytix technology – a fusion of top-grade machine learning algorithms over thermal images.

“Thermography is well known to sense earliest signs of cancer. However, traditional manual interpretation of a thermogram has not been accurate enough to become accepted as a standard of care. Interpreting 400000 colour values in thermograms and to diagnose breast abnormality is a huge cognitive overload to a radiologist – use of machine learning enables automated analysis and helps in better interpretation of thermal images and considerably improves the overall accuracy of diagnosis”, says Geetha, one of the cofounders of NIRAMAI.

The working mechanism of screening in NIRAMAI is quite simple, and effective. The women who want to get screened need to relax for the first 10 minutes before taking up the test. Then a high resolution thermal sensor is kept at a distance of 3 feet from her to measure the temperature distribution on her chest and generate thermal images. Next, the NIRAMAI software scans these thermal images to automatically initiate a screening/diagnostic report and hands over a radiologist-certified report to the women. The test is performed in a highly intimate manner, the women undertaking the screening is neither touched nor seen by anyone.

“This is unlike mammography which is based on X-Ray and is recommended for women above 45 years only once in 2 years. It is also noncontact and doesn’t require any breast compression; hence not painful. Since the equipment is very portable, it is amenable to be used in outreach programs being a rural camp or urban corporate screening,” she shares.

Overcoming challenges

In healthcare space, analytics and AI are dubious topics. It takes a lot to coax a doctor to use an AI tool as an aid in his diagnostic procedure – countless discussions, several experimental trials and after a lot of effort, NIRAMAI could finally step into and create a niche of their own.

Another challenge was to have an edge over their competitors, who once knew that they are out with a revolutionizing technology, would like to sell everything to copy that. For that, they have armed themselves with 10 patents in this area, which is somewhat protecting them from other players.

Since breast cancer is a big health issue in India, the NIRAMAI team feels that it is extremely important for women to go for regular screening. It is safe and in most cases, early detection helps keep cancer at bay.

The power of analytics is huge. Arm yourself with a powerful data analyst certification Delhi NCR. It will help you go a long way!

Some parts in this blog have been sourced from:

https://analyticsindiamag.com/this-women-led-startup-is-using-ai-thermal-imaging-to-detect-breast-cancer

https://www.techinasia.com/startup-patented-ai-tech-breast-cancer-screening

 

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Data Analytics: The Key to Track and Curb Leakages in GST

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Though our country may have got a One Nation, One Tax Policy, in the face of GST, its revenue collection figures are not so encouraging. In the beginning, GST revenue collection for the first three months went over 90000 crore, but the figures started dropping from October to 83346. And in November, it further slipped to 80808 crore. Since then, the figures mostly lingered around 86000 in the recent months.

 
Data Analytics: The Key to Track and Curb Leakages in GST
 

The Union Ministry of Finance had to figure out the reason of this discrepancy, the reason behind such huge revenue leakage in GST collection before it’s too late, and for that data analytics came to the rescue. After carrying out a thorough analysis, on its 26th meeting on Saturday, GST Council discovered several major data gaps between the self-declared liability in FORM GSTR-1 and FORM GSTR-3B.

 

Highlighting the outcome of basic data analysis, the GST Council stated that the GST Network (GSTN) and the Central Board of Excise and Customs have found some inconsistency between the amount of Integrated GST (IGST) and Compensation cess paid by importers at customs ports and input tax credit of the same claimed in GSTR-3B.

 

 

“Data analytics and better administration controls can help solve GST collection challenges” – said Pratik Jain, a national leader and partner, Indirect Tax at PricewaterhouseCoopers (PwC).

 

He added, “Government has a lot of data now. They can use the data analytics to find out what the problem areas are, and then try and resolve that.” He also said that to stop the leakage, the government need to be a lot more vigilant and practice better controls over the administration.

 

Moreover, of late a parliamentary committee has found that the monthly collection from GST is not up to the mark due to constant revisions of the rates, which has undoubtedly affected the stability of the tax structure and had led to an adverse impact for trade and business verticals.  

 

 

“The Committee is constrained to observe the not-so-encouraging monthly revenue collections from GST, which still have not stabilised with frequent changes in rates and issue of notifications every now and then. Further, the Committee is surprised to learn that no GST revenue targets have been fixed by the government,” said M Veerappa Moily, the head of Standing Committee on Finance and a veteran Congress leader in a recent report presented in the Parliament.

 

The original article appeared in – analyticsindiamag.com/government-using-data-analytics-to-track-leakages-in-gst/

To experience the full power of data analytics and the potentials it withholds, find a good data analyst training institute in Delhi NCR. A reliable data analytics training institute like DexLab Analytics can help you unearth the true potentials of a fascinating field of science – go get details now.

 

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The role of Big Data Analytics in the World of Media and Entertainment

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The role of Big Data Analytics in the World of Media and Entertainment

A reverberating revolution is on the go in the media industry. Reason: thorough digitization and data-driven marketing.

A seamless amalgamation between digital and analytical solutions is transforming versatile media platforms across the globe. Not only does it help in curating more personalized content for its niche audiences, but also bolsters newer capabilities, such as master data management for digital assets and improved customer engagement programs.

Is Big Data Big Enough?

Facebook gathers and processes more than 500 TB of data every day.

Google processes 3.5 billion requests every day.

Amazon records 152 million customer purchase data every day.

With the rise of digitization, media and entertainment companies are leveraging big data technology like no other for better customer engagement.

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Here are a few examples showing how media companies are using the power of big data:

In predicting audience preference

Large chunks of data helps in predicting and understanding the demand of audiences – right from the genre of shows and music they like to content selection for a given age group or for different channels.

Better acquisition and retention

Any day, big data help to fathom the reasons why consumers subscribe or unsubscribe a particular channel. It aids companies in developing robust promotional and product strategies to attract and retain more loyal user base. Social media data also lend a helping hand to enhance consumer interest.

Content revenue generation and new product development

With the power of accurate and productive data, media houses incentivize consumer behavior and while doing so, they understand the true market value of the content generated.

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How Media Uses Data Anaytics?

Netflix

Netflix assimilates large chunks of viewership data, with which it performs an in-depth analysis of viewer’s behavior for millions of viewings of shows. The analysts conduct thorough research on the attributes and qualities of data about consumers to know which show is the most popular. This analysis also helps them know how long viewers are watching a program or season or any individual show. Hence, in this way it outbids its competitors and owns rights to showcase blockbuster hits.

Bollywood

Talking about our very own Bollywood, SRK’s Chennai Express used big data and analytics to boost social media presence and digital marketing endeavors. And, no wonder, it smashed the box office records of 2013. It became such a raging success that the IT services company Persistent Systems released a statement saying, “Chennai Express related tweets generated over 1 billion cumulative impressions and the total number of tweets across all hashtags was over 750 thousand over the 90-day campaign period.”

This is a single instance. Many other bigwig producers have time and again collaborated with cutting edge big data analytics firms to better understand consumer trends and drive customer engagement.

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Conclusion

Big Data is a surefire boon for media and entertainment houses; it helps companies to solve crucial questions about consumers, things they like, content they feed in, and shows they treasure. Moreover, it aids in tracking clicks, shares and views across multiple devices and media platforms.

To lead the change, join DexLab Analytics. Their Data analyst course in Delhi NCR is surely worth taking up to fulfill all your divine career aspirations. Check out business analytics course itinerary now.

 

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5 Ways to Grab the Hottest Job in Town

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Even though it’s expected that the unemployment rate will follow a steep decline, yet finding the right job can still be challenging enough. On the other hand, hiring the right candidate is also an equally difficult task.

 
5 Ways to Grab the Hottest Job in Town
 

At times, it may seem your job search not working. You are sending resume after resume for matching job positions, but nothing fruitful is coming out. Then you start giving it a thought, why is this happening? How come, others are getting new gigs and you are stuck in the same mundane job or still looking for one!

 

In some cases, you might need to learn new skills or receive any particular kind of training, but in a majority of cases there are plenty of normal things that you can do to boost your candidacy. Some are right here, please take a look:

 

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Make your LinkedIn Profile attractive as much as possible

Internet is everything now. Probably, you have been busy devoting a lot of time on building a powerful resume, but instead you should create a good, powerful LinkedIn profile with updated information. Having an optimized profile helps you gain the interest of notable recruiters who are in search for people like you. Include a summary, a headline, a photo and specializations, so that it pleases anyone who visits your profile.

Be a complete standout

A promising candidate should have all the attributes of being competent, adaptable, flexible, collaborative and influential. Flexibility is the key to success and a fuller career.

Do your homework before interview

Culture fit is essential.  A certain skillset can be taught, but the zeal to do homework on the company you are going for an interview cannot be taught. That you have to develop on your own. Recruiters appreciate people who do homework on the respective company and frame answers about how they can be an asset to the company. It’s always advisable to do your homework. Applicants whose answers are down to earth, authentic and show passion stands out in any interview.

Go get a personal website

The best way to impress your employers or recruiters is by having a personal website – with just one URL, you can allow hiring managers derive a whole lot of information about yourself and your work. And if you are looking forward to change your career path, you can flaunt your new passion in a great way on your personal platform.

Tap into your network

Every company receives a lot of internal referrals for recruiting and some of them are quite successful. Through this procedure, they make it sure that they find the right candidates for designated job positions. Hence, networking matters – let your network know what kind of job you are looking for. You never know which conversation will lead you where – because here every interaction is seen as an opportunity. So, just don’t waste it in vain.

 


 

Today, jobs in the field of data science and big data are flourishing. More and more interested candidates are getting trained to join the bandwagon of data analytics. DexLab Analytics is a premium data science learning platform that offers in-depth training on all major data related in-demand courses. Their data science training online is excellent. Get all the details from the website.

 

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Big Data, Hadoop and Cloud: The Looming Challenges and How to Peg Them?

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Big Data, Hadoop and Cloud: The Looming Challenges and How to Peg Them?

Data is regarded as the “new oil” in the industry – though you can’t fill your car’s gas tank with binary digits, but yes, you can definitely think of driving an autonomous car with data. Self-driven cars are a reality now!

About 10 years ago, with the advent of big data hype, organizations, big and small joined the bandwagon involving data so as not to miss out the ‘next big thing’. The whole thing started with the ‘data land grab’ phase. Next came the delineation phase, in which industry started chalking out clearly big data boundaries and where it has to be applied. After this, we have moved into an efficiency phase – whereby we extract the maximum out of data by merging right expertise with the right technology.

Notwithstanding all the exciting stuffs surrounding big data, many challenges have even come out during the delineation phase and they still continue to cripple company functioning. So, here we will talk about the challenges faced and ways to tackle them…

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Big Data Challenges

Now, it’s the time for humongous volumes of unstructured data – companies have as a result shifted their focus from traditional big data storage solutions to more agile, cost-efficient open source strategies like Spark and Hadoop. Navigating through a turbulent sea of big data tools is another daunting task in itself, so here we will address the issue of Hadoop challenges only.

Though Hadoop has solved a multitude of data problems, yet its implementation and management is a difficult task, and ends up causing more problems than doing good. Also, scaling Hadoop on premise is a taxing procedure, involving a lot more investment in physical infrastructure – for this, many companies are turning towards cloud-based Hadoop solutions because they are agile and less complicated to use.

Cloud Migration Challenges

Cloud-based solutions help companies maneuver in a more agile manner, while enhancing their data needs. This acts as a robust solution to the issue of adding more on-prem infrastructure over time, but as it’s said, there’s no gain without pain – migrating data analytics to a purely cloud infrastructure has its own cons.

The biggest challenges associated with cloud network are related to reliability, performance, scalability and accessibility of data. Data security also remains a matter of concern – a handful number of recent high-profile data breaches have made us vulnerable, while showing on our face how less protected we are in the digital world.

How To Tackle the Emerging Challenges?

Think beyond today! Companies need to make their headstrong big data solutions future proofed, because no one likes to do the same thing again and again in a time span of two-three years. If you are incorporating steady solutions today, make sure they stay in practice for the coming 5-10 years or so.

As we have mentioned earlier, Hadoop implementation and management is not as easy as it sounds, and gaining access to a deft pool of experts who understands the intricacies of Hadoop has become the need of the hour. This means, make sure you choose the right internal talent pool and work with uber talented experts.

Now, when it comes to ensuring data security over cloud infrastructure, make sure you think beyond the perimeter security, focus on identifying sensitive data, both structured and unstructured and then secure it in a Hadoop lake just the way it’s ingested. This will help you closely monitor cloud data sources and check violations right from the start.

Join DexLab Analytics data analyst certification and stand a chance of making a successful career as a data scientist. After all, enrolling in India’s best data analyst training institute in Delhi NCR will surely help you master the art of data science.

 

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Why Your Business Needs a Chief Productivity Officer: 5 Reasons Explained

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For smooth use of technology, businesses look forward to CIOs. But that’s so passé now. This position is now losing its relevance more and more, as other notable features like migration of business applications and storage on the cloud are enhancing their capabilities.

 
Why Your Business Needs a Chief Productivity Officer: 5 Reasons Explained
 

As such, a new business position: Chief Productivity Officer (CPO) is sprouting out – this job profile dictates all the services, while ensuring your organization meets every goal.

Continue reading “Why Your Business Needs a Chief Productivity Officer: 5 Reasons Explained”

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