Data science is a critical component of business operations today. According to Forrester, organizations that are driven by data science research and insights are twice as likely to be market leaders within their industries. The proof is in the pudding: investment in data leads to big-time payoffs for companies. While

The post Same Title, Different Role: Commercial vs. Industrial Data Scientists appeared first on Dataconomy.

Data. Where would we be without it? We all know that it’s in the very DNA of our everyday life, from business to social experiences, from the smartphones in our hands to the cars we drive. Data is a driving force both directly and indirectly in our society – a fact that

The post Random Data Explained: Harnessing the Benefits of TRNGs and PRNGs appeared first on Dataconomy.

Undoubtedly, 2017 has been yet another hype year for machine learning (ML) and artificial intelligence (AI). As ML and AI become increasingly ubiquitous in many industries, so does the proof that advanced analytics significantly improve day-to-day operations and drive more revenue for businesses. Yes, it’s true – enterprises worldwide have

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Who goes there, friend or foe? The emergence and development of innovative and flexible financial startups is causing a revolution in financial markets by proving that financial services can be built from the ground up, in response to real user needs. So much so that gaining customers’ trust, along with

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Blockchain technology has been at the center of media attention due largely to bitcoin, an upcoming digital currency that uses blockchain technology, increasing in value, netting investors unheard of returns. However, not many people actually understand what blockchain itself is. Simply put, a blockchain is a distributed, immutable ledger or

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With the advancement of technology over the past few years, we have seen a major change in the education sector. The way children are taught and the way the children are interacting with the teachers has changed a lot with the advancement of technology.  Distance education has totally changed now;

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