Dataconomy http://dataconomy.com Bridging the gap between technology and business Fri, 23 Feb 2018 13:00:24 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.4 Risks Emerge as Smart Contracts Show Cracks http://dataconomy.com/2018/02/risks-emerge-smart-contracts-show-cracks/ http://dataconomy.com/2018/02/risks-emerge-smart-contracts-show-cracks/#respond Fri, 23 Feb 2018 13:00:24 +0000 http://dataconomy.com/?p=19364

Bitcoin may be monopolizing headlines, but one of the real stars of the blockchain revolution is the smart contract. Originally pioneered by Ethereum, the smart contract was intended to eliminate many of the barriers and processes that raise the costs of doing business.   By building an automated contract that is

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Machine Learning for Connecting Organizations: A Conversation with Roger Gorman http://dataconomy.com/2018/02/machine-learning-connecting-organizations-conversation-roger-gorman/ http://dataconomy.com/2018/02/machine-learning-connecting-organizations-conversation-roger-gorman/#respond Thu, 22 Feb 2018 12:00:05 +0000 http://dataconomy.com/?p=19258

In the 1990s, anthropologist Robin Dunbar hypothesized that the maximum number of people an individual can personally know and remember is 150 — Dunbar’s number. The specific figure is debated, but it is common sense that the human cognitive capacity to understand relationships at scale has a limit. The larger

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How AI is Transforming Business Intelligence http://dataconomy.com/2018/02/ai-transforming-business-intelligence/ http://dataconomy.com/2018/02/ai-transforming-business-intelligence/#respond Mon, 19 Feb 2018 13:00:57 +0000 http://dataconomy.com/?p=19333

Today, businesses are entering into a new era ruled by data. AI, specifically, is gradually evolving into a key driver that shapes day-to- day business processes and Business Intelligence decision-making.  Thanks to advances in cognitive computing and AI, companies can now use sophisticated algorithms to gain insights into consumer behavior,

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AI: Beyond the Hype and Into Reality http://dataconomy.com/2018/02/ai-beyond-hype-reality/ http://dataconomy.com/2018/02/ai-beyond-hype-reality/#respond Fri, 16 Feb 2018 13:00:38 +0000 http://dataconomy.com/?p=19202

Buzzwords are part of what makes the internet go ’round, and you’d be hard-pressed to find a more popular and controversial term today than Artificial Intelligence (AI). Once just an ethereal concept that interested the nerdiest among us, AI has become a very real obsession in all corners of the tech

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Predictive Maintenance: Why It’s Important and How To Implement It http://dataconomy.com/2018/02/predictive-maintenance-important-implement/ http://dataconomy.com/2018/02/predictive-maintenance-important-implement/#respond Tue, 13 Feb 2018 11:23:14 +0000 http://dataconomy.com/?p=19185

For those companies who have been collecting machine data for years, an incredible opportunity exists in making this data actionable. Utilizing actionable data can offer an invaluable competitive advantage by enabling companies to streamline operational processes, optimize demand forecasting and better understand their customers’ propensity to buy. In particular, predictive

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Is P2P the Future of Travel? http://dataconomy.com/2018/02/p2p-future-travel/ http://dataconomy.com/2018/02/p2p-future-travel/#respond Fri, 09 Feb 2018 13:02:34 +0000 http://dataconomy.com/?p=19260

When planning a trip, today’s travelers are brought into contact with a multitude of services designed to meet their transportation, accommodation and entertainment needs. However, the modern travel industry is one of the most stratified around, meaning that websites are just customer-facing points of contact at the end of a

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A Whole New World for Data Teams http://dataconomy.com/2018/02/whole-new-world-data-teams/ http://dataconomy.com/2018/02/whole-new-world-data-teams/#comments Wed, 07 Feb 2018 15:59:17 +0000 http://dataconomy.com/?p=19251

Among the many things I loved about the latest Star Wars movie was our introduction to the unexpected rise of Rose Tico – a humble mechanic who gets thrust into the heart of the action following a chance encounter with Finn. By the end of the movie, she’s flying ski-speeders

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Prepping for a Data Science Interview? Ask Yourself These Questions To Stand Out http://dataconomy.com/2018/02/prepping-data-science-interview-ask-questions-stand/ http://dataconomy.com/2018/02/prepping-data-science-interview-ask-questions-stand/#respond Tue, 06 Feb 2018 13:38:02 +0000 http://dataconomy.com/?p=19199

It seems everyone and their grandmother wants to work in data science these days, and there are plenty of good reasons why that’s the case. First, the salaries are attractive: recent data from O’Reilly indicates the average compensation of a data scientist in the United States is $112,000 per year

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Big data basics for tech beginners http://dataconomy.com/2018/02/big-data-basics-tech-beginners/ http://dataconomy.com/2018/02/big-data-basics-tech-beginners/#comments Thu, 01 Feb 2018 12:24:56 +0000 http://dataconomy.com/?p=19195

Despite big data currently ranking among top business intelligence and data analytics trends, businesses continue to suffer from a lack of data-savvy talent. Research from BARC shows half of respondents reporting a lack of analytical or technical know-how for big data analytics. This is good news for tech beginners, however,

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5 Awesome Data Science Subscriptions To Keep You Informed http://dataconomy.com/2018/01/5-awesome-data-science-subscriptions-keep-informed/ http://dataconomy.com/2018/01/5-awesome-data-science-subscriptions-keep-informed/#respond Tue, 30 Jan 2018 12:08:22 +0000 http://dataconomy.com/?p=19191

If you ask a data scientist how to start or advance your data career, one of the first things they might tell you is to read. Not the answer you’d expect? You’d be surprised! The rapidly evolving nature of data science calls for professionals to keep a close eye on

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