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5G Mobile Innovation: 3 Key Takeaways That Every Business Leader Should Know About

5G stands for fifth generation wireless connectivity based on the IEEE 802.11ac standard of broadband technology, though an official standard is yet to be fixed. It comes with a lot of promises – better bandwidth, faster speed and lower latency that affects (positively) customers and businesses, as well.

5G Mobile Innovation: 3 Key Takeaways That Every Business Leader Should Know About

Although it isn’t expected to roll out until 2020, a large number of companies have already started prepping up to adopt and incorporate 5G mobile connectivity into their business scopes and operations. As the biggest shift in technology is looming right ahead, business leaders around the world are leaving no stone unturned to fathom the rich impact of 5G on several next-gen techs, like self-driving cars and cloud computing.

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Chief Data Officer Is the Next “Commander” To Join the Digital Kingdom and Here’s Why

Chief Data Officer Is the Next “Commander” To Join the Digital Kingdom and Here’s Why

An over-empowering digital transformation is here and it is wreaking havoc in the C-Suite. CDOs have started taking a front line in managing and pushing new tech like AI and machine learning to alter business landscapes forever.

As a matter of fact, this promising job title has existed for years, even decades – mostly in the financial market. But now when data is being generated at record high speeds, the job role of the CDO is emerging out bigger and better. No more a single person or a general crew is enough to tackle such challenging data issues – to fulfill complicated data management tasks, management is now looking up to specialized data experts.

Gartner predicts that 90% of multinational organizations will appoint a CDO by 2019. Though the first generation CDOs were only concerned about data governance and management, of late, they have been shifting focus on how to best implement data as the best strategic asset in organizations to trigger optimum results.

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Take a look down to know how CDOs can add value to your organization, while streamlining data and developing strategies:

Be competitive, be ahead of the curve

The best way to ace is by taking over your competitors. In corporate jargon, it means to understand your competitor’s strategies better and arm yourself in the way. Also, it calls up to know your customers better, including the things they like to purchase and know ways you can fulfill their needs. Glean all of these observations with the flattering tool of IoT and machine learning, including social media and supply chain.

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Share information through Data silos

Think how would you feel if you are unable to share information within your department? It can be exasperating. But in reality, it happens. Employees working in the same company, even in the same team forget to share information – data is treated as a commodity that is traded for. That’s why, chief data officers break down data silos in an organization to make sure everyone within the framework get access to data to boost decision-making.

CDOs infuse life into data

All analysts are not good with data. No matter how much they pore themselves over into pie charts and bar diagrams, they just can’t nail it. Machine learning using Python and other related technologies has made things easier – now CDOs can infer trends and draw meaningful insights necessary for a better company future. And mind it these analyses eventually saves hours of production time, millions of losses and much more.

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There’s nothing better than cleaner, fresh data

Unkempt data is no data at all. In fact, data comes handy only when it is clean. Today, with the influx of so many data, organizations falter to keep pace with so much data extravagance data starts becoming dirty or of little use. This results in – every report run is full of flaws, estimates are wrong and lists compiles are inaccurate. As a savior in troubled situations, CDOs help in churning out crystal clear, consistent data by taking care of all the business processes, and making sure that they are properly maintained by the users.

CDOs are the meat and potatoes of C-Suite team

Not only they understand the intricacies of the subject matter, CDOs undoubtedly makes better use of your data, and looks forward to ways to use them in more meaningful manners. They are not here to hoard the data, but to share it extensively among the people working in the organization to produce fascinating results all around.

Now that you know how important CDOs are, enroll for a reputable business analytics online certification by DexLab Analytics. Business analytics certification is the key to good times, go get one for yourself today!

 

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Google is Back in China! It Decides to Open an AI Lab in the Far-East

Google is Back in China! It Decides to Open an AI Lab in the Far-East

 

Google is strengthening its artificial intelligence base, including China.

 

And it is so doing by establishing a new AI research center in Beijing. Google is digging deep into China, where it contravened the government in 2010 committing a spectacularly principled act of self-sabotage by refusing to self-censor search content and later found most of its services to be blocked. The company’s decision to return back to China is more about safeguarding its future, and acknowledging the supreme importance of technology’s most competitive field: AI.

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Humans and Automation Shares an Everlasting Bond for a Successful Tech Future

Humans and Automation Shares an Everlasting Bond for a Successful Tech Future

“God created the world in seven days, because he didn’t have to port anything from legacy systems” – the CEO of a blue chip IT company once quoted. A similar idea was even echoed by MIT’s former director of computer science and AI, Mr. Rodney Brooks who penned down an article “Seven Deadly sins of AI Predictions,” which largely focused on the rate of deployment and the influence of technology over it.

But for any technological revamp, humans are the key ingredient for successful implementation of AI – because they are the ones who have invented such striking tools of automation with their own wit and determination. AI has enhanced productivity, coupled with raising standards of living. Companies all across the globe are recognizing the benefits of AI, and contemplating investments in this budding field of science to trigger greater competitiveness.

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According to research, there exists a potent relationship between degree of automation and profit generation –the companies that have automated their business processes get to enjoy the perks of higher revenue growth six times more than those who didn’t. Also, they are twice more likely to supersede their pre-determined financial goals.

Now coming to our chief area of concern, how humans deliver a significant impact in coordinating automation with AI projects – their process of imagination, understanding, leadership quality, emotional intelligence and versatile management skills outweighs the very fundamentals of technology, hence it is said that for successful digital transformation, investment on human workforce is indispensable. To derive the best results, it is important to shell out money on crucial human elements that will lead to fuller automation and successful AI implementation.

Automation makes people more human. It liberates them from doing humdrum, repetitive work that pulls them back from doing something productive, or creative. Without AI, businesses can’t work or obtain competitive advantage in the future, making them defenseless. Nevertheless, you can’t expect AI to do a whole bunch of things for you, jobs that require creativity, empathy, critical thinking, leadership, artistic expression are meant for humans, and no automation will be able to fulfill those qualities. Humans are the meat and potatoes for AI, and we can’t agree more!

For better successful ventures, it is imperative to make humans and machines work together – it will only make us better in our job profiles. Also, this kind of relationships best augments the deep-rooted potentials of human beings, making humans more humane.

Research also says in the coming days, creative human skills will garner even more demand. Comprehensive training and skill development is highly advisable to remain ahead in the rat-race of advanced technology. Skills like, creativity, emotional intelligence, collaboration, critical thinking, communication and cognitive flexibility will become key skills to grab specific job titles. 

An advice to make: before entering the workforce, it is better seek broad educational experiences in the field of data science or computer science, or your preferred field of study, and then amp up your CV with a professional, program-centric Machine Learning training Delhi. In this way, you will be always updated and stay ahead of the curve.

 

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Bad Data is Really Bad for Machine Learning: Here’s Some Ways to Fix It

Bad Data is Really Bad for Machine Learning: Here’s Some Ways to Fix It

The quality of data is the talisman of decision-making. Irrespective of the goals, the key to better decision-making lies in the quality of data. As it’s said, bad data takes its toll on organization’s data endeavors – as a result, only 25% of businesses are able to optimize the use of data for revenue generation, despite a volley of resources being thrown at them.

IBM has reckoned that bad data costs companies some $3.1 billion a year in the US alone, while as per Experian’s Data Quality survey, 83% of organizations alleged their revenue is affected by imprecise and incomplete customer or prospect data.

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How to Leverage AI Strategy in Business?

How to Leverage AI Strategy in Business?

Everyday some company or the other are deploying AI into their systems – whether its Spotify’s machine learning program or Bank of America’s chatbot Erica – it seems AI has broken the shackles and left the machine room to enter the mainstream business.

Today’s AI algorithms are framed on remarkably factual machine sight, speech and hearing, and they have easy access to global cache of information. Thanks to Deep Learning, meteoric growth in data and other cutting edge AI techniques, AI performance is staggeringly improving. With these developments, it may seem possible for CIOs, enterprise architects, application managers who are still in nascent stage in gaining expertise in AI to feel like they are lagging behind somewhere. Contrarily, they are doing well for themselves.

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How?

No second thoughts, a majority of data architects are still learning AI technology so as to develop their adoption strategy. AI is an ever-evolving technology – constant new developments and breakthroughs are emerging out every day, hence crafting a particular strategy might be difficult at times. Luckily, tech oracles like Whit Andrews, VP distinguished analyst, Gartner, are able to pin down distinct trends that determines the direction of AI in the business, while leveraging its capabilities to the fullest.

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Check out these three trends that Andrews focuses on to develop formidable AI strategy for your business setup:

Data Science and Machine Learning: In What State They Are To Be Found? – @Dexlabanalytics.

AI will mushroom normal, contextual user-machine interfaces

Google Home and Amazon Echo have penetrated the homes of thousands, taking the consumer space by a storm. Human-computer interaction is now shifting its base from tactile touchscreens and keyboards to voice – the voice recognition is not only limited to distinct commands but deciphers normal human speech.

Natural language processing (NLP) is the reason behind such intrinsic advancements – and we can’t thank more! NLP and natural language generation have improved operations. The workers employed in parts of Eastern Europe can now talk to their system in their own language and grasp the things that need to be done to complete their designated work, making the whole system work seamlessly.

Incredible Tech Transformation: How Machine Learning is changing the Scope of Business – @Dexlabanalytics.

IoT is the future of AI and Fluid Application Integration

IoT devices gather data from the real world, exchange the data, and perform tasks sent through the internet. In general, they are simple in make but when combined with AI, they can rock the world. How would it be if you find an AI-powered IoT that receive orders, grab products and pack them in containers to be shipped across! Impressive, right?

Besides, AI works upon boosting existing organization applications. AI is like a magical stone that improves customer engagement and support, and Bank of America’s chatbot Erica is a perfect example of that.

The Math Behind Machine Learning: How it Works – @Dexlabanalytics.

A complex computing ecosystem will surface out with AI at the center

While companies diversify their systems, computing ecosystem strives to be the beacon of hope – it includes an intricate mix of customers, staffs, IoT devices, applications and data, coupled with AI in the nucleus. This will ensure:

  • Better interaction between people and devices
  • Proper communication between applications
  • And everything in between

No wonder, such ecosystems presents organizations more integrated automation, deeper insight, and better customer experience. Moreover, Gartner has predicted that more virtual agents will get involved in a majority of business interactions between organizations and individuals by 2020 – so the rise of machines is here, and we are extremely excited about it!

Help develop a well-devised AI strategy – with DexLab Analytics. Our consultants will feed you meaningful information on everything related to AI and machine learning. Our machine learning training course is impressive, and if you want to excel in machine learning training, drop by DexLab Analytics. We have a lot of things in store for you!

 

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R is Gaining Huge Prominence in Data Analytics: Explained Why

Why should you learn R?

Just because it is largely popular..

Is this reason enough for you?

Budding data analytics professionals look forward to learn R because they think by grasping R skills, they would be able to nab the core principles of data science: data visualization, machine learning and data manipulation.

Be careful, while selecting a language to learn. The language should be capacious enough to trigger all the above-mentioned areas and more. Being a data scientist, you would need tools to carry out all these tasks, along with having the resources to learn them in the desired language.

In short, fix your attention on process and technique and just not on the syntax – after all, you need to find out ways to discover insight in data, and for that you need to excel over these 3 core skills in data science and FYI – in R, it is easier to master these skills as compared to any other language.

Data Manipulation

As rightly put, more than 80% of work in data science is related to data manipulation. Data wrangling is very common; a regular data scientist spends a significant portion of his time working on data – he arranges data and puts them into a proper shape to boost future operational activities. 

In R, you will find some of the best data management tools – dplyr package in R makes data manipulation easier. Just ‘chain’ the standard dplyr together and see how drastically data manipulation turns out to be simple.

For R programming certification in Delhi, drop by DexLab Analytics.

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Data Visualization

One of the best data visualization tools, ggplot2 helps you get a better grip on syntax, while easing out the way you think about data visualization. Statistical visualizations are rooted in deep structure – they consist of a highly structured framework on which several data visualizations are created. Ggplot2 is also based on this system – learn ggplot2 and discover data visualization in a new way.

However, the moment you combine dplyr and ggplot2 together, through the chaining technology, deciphering new insights about your data becomes a piece of cake.

Machine Learning

For many, machine learning is the most important skill to develop but if you ask me, it takes time to ace it. Professionals, who are in this line of work takes years to fully understand the real workings of machine learning and implement it in the best way possible.

Stronger tools are needed time and often, especially when normal data exploration stops producing good results. R boasts of some of the most innovative tools and resources.

R is gaining popularity. It is becoming the lingua franca for data science, though there are several other high-end language programs, R is the one that is used most widely and extremely reliable. A large number of companies are putting their best bets on R – Digital natives like Google and Facebook both houses a large number of data scientists proficient in R. Revolution Analytics once stated, “R is also the tool of choice for data scientists at Microsoft, who apply machine learning to data from Bing, Azure, Office, and the Sales, Marketing and Finance departments.” Besides the tech giants, a wide array of medium-scale companies like Uber, Ford, HSBC and Trulia have also started recognizing the growing importance of R.

Now, if you want to learn more programming languages, you are good to go. To be clear, there is no single programming language that would solve all your data related problems, hence it’s better to set your hands in other languages to solve respective problems.

Consider Machine Learning Using Python; next to R, Python is the encompassing multi-purpose programming language all the data scientists should learn. Loaded with incredible visualization tools, machine learning techniques, Python is the second most useful language to learn. Grab a Python certification Gurgaon today from DexLab Analytics. It will surely help your career move!

 

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Incredible Tech Transformation: How Machine Learning is changing the Scope of Business

Incredible Tech Transformation: How Machine Learning is changing the Scope of Business

Machine Learning coupled with data analytics is modifying the norms of how business handles crucial data. Insights into ML and AI is already reaping benefits in transforming vast pools of data – curated by dexterous data pundits into meaningful, relevant analytic results that would have escaped clumsy human analysis, previously.

Today, the combat weapon of Machine Learning has started to influence the entire business world. While many organizations have grasped the bounties of this hi-tech tool of learning, few are left to fathom how it would affect the way they do business. The automation process is a completely data-driven task – ideal to change enterprises into vendors – by turning lessons learnt into advanced algorithm programs worthy of licensing to software and service providers for good money.

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Nevertheless, a lot of all that depends on how machine learning is going to evolve in the coming five to ten years and what implications it would bring into the hiring or recruitment strategies in the long run. And the best area to start off this discussion is unsupervised machine learning, where intricate frameworks are allotted large datasets and asked to draw patterns without human help to figure out what the software needs. With minimum human interference, the scalability of this mode of ML is the highest.

How to Assess Clustering Tendency: Unsupervised Machine Learning – @Dexlabanalytics.

Supervised or Unsupervised? Which is better?

Supervised ML needs human help to develop large sets of training data and corroborate the results of the training. Speech Recognition is the perfect example of such ML. But it is challenging to procure and classify vast data for supervised training. As a result, unsupervised ML is the key to the future – it reduces such interaction to a large extent. The minimum involvement of human beings suffices to be a boon – but take a note, a data scientist is required to select the data that is to be evaluated.

Unsupervised learning also needs a human touch to assign values to data structures and clusters. Hence, we cannot say for sure they are totally human-error free. Instead, we should focus more to ace up the performance of humans in tackling data for own interests.

In this context, “I think, right now, that people are jumping to automation when they should be focused on augmenting their existing decision process,” says David Dittman, director of business intelligence and analytics services at Procter & Gamble. “Five years from now, we’ll have the proper data assets and then you’ll want more automation and less augmentation. But not yet. Today, there is a lack of usable data for machine learning. It’s not granular enough, not broad enough.”

The Math Behind Machine Learning: How it Works – @Dexlabanalytics.

How to become a vendor from a consumer

A portion of what drives an incessant demand for data scientists is the pressing need for data to turn ML more productive. Mike Gualtieri, Forrester Research’s vice president and principal analyst for advanced analytics and machine learning thinks that some organizations, exactly five years from now might turn into vendors -“Boeing may decide to be that provider of domain-specific machine learning and sell [those modules] to suppliers who could then become customers,” he says. Like him, Dittman also sees the thriving combination of Data and ML code as being a highly sellable product, more so a potent new source of revenue for organizations – “Companies are going to start monetizing their data,” he explains. “The data industry is going to explode. Data is absolutely exploding, but there is a lack of a data strategy. Getting the right data that you need for your business case, that tends to be the challenge.”

Irrespective of what the future holds, technology is grooming to become an extravagant revolving door of striking innovation, and the only way to nab this technology is by making ourselves technology-friendly. For excellent business analytics course in Delhi, DexLab Analytics provides the perfect platform to deliver student-friendly education on data analytics at affordable prices. Dig into our data analyst course by clicking on our homepage.

 

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Artificial Intelligence: Let’s Crack the Myths and Unfold the Future to You

Artificial Intelligence: Let’s Crack the Myths and Unfold the Future to You

A lot of myths are going around about Artificial Intelligence.

In a recent interview, Alibaba founder Jack Ma said AI can pose a massive threat to jobs around the world, along with triggering World War III. The logic of shared by him explained that in 30 years, humans will be working for only 4 hours a day, and 4 days a week.

Fuelling this, Recode founder Kara Swisher vouched for Ma’s prediction. She supported him by saying Ma is “a hundred percent right,” adding that “any job that’s repetitive, that doesn’t include creativity, is finished because it can be digitized” and “it’s not crazy to imagine a society where there’s very little job availability.” 

Besides, I find all these stuffs quite baffling. I think that if AI is going to be the driving force towards innovation and bringing in a new technological revolution, it’s upon US to curate the opportunities that will require new jobs. Apocalyptic predictions just don’t help.

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Let’s highlight the myths and the logical equations:

Myth 1: AI is going to kill our jobs – it can never happen

Remember, it’s humans who have created robots. We excel at mechanizing, systematizing and automating. We spurred the automation drive, while infusing intelligence to the machines.

The present objective is to create AIs that can work together with human intelligence to develop new narratives for problems we are yet to solve. To solve these new problems, we need new kinds of jobs – there’s a great scope of opportunity, let’s not believe that AI will kill our jobs.

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Myth 2: Robots are AINot at all.

From drones to self-organizing shelves in warehouses to machines sent to Mars, all are just machines programmed to function.

Myth 3: Big Data and Analytics are AI. Who said that?

Data mining, Data Science, Pattern Recognition – they are just human-created models. They might be intricate or complicated in nature, but not AI. Data and AI are two entirely different and divergent concepts.

Myth 4: Machine Learning and Deep Learning are AI. Again a big NO.

Though Machine Learning and Deep Learning are a part of the enormous AI tool kit, they are not AI. They are just mere tools to program computers to tackle complex patterns- like the way your email filters out spam by “understanding” what hundreds and thousands of users have identified as spam. They look uber smart, undeniably, in fact scary at times, when a computer wins against a renowned expert at the game GO, but they are definitely not AI.

Myth 5: AI includes Search Engines. Definitely NO.

Search Engines have made our lives easier, undoubtedly. The way you can search information now was impossible few years back, but being the searcher, you too contribute the intelligence. All the computer does is identify patterns from what you search and suggest it to others. From a macro perspective, it doesn’t actually know what it finds because it’s dumb in the end. We feed them intelligence, otherwise they are nothing.

So, instead of panicking about the uncertainties that AI may bring into our lives, we should take a bow and appreciate the efforts humans gave into creating something so huge, so complex like AI.

And remember, AI has always created jobs in the past and didn’t take them. So, be hopeful!

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