While the field of data science is not tied directly to Big Data, advances in one tends to produce advances in the other. Big Data increases our ability to harvest and process data, while data science allows us to dig into it for insights.
Finding and hiring a top-notch data scientist is a tough endeavor. The distinct skill set at the intersection of mathematics, statistics, information technology and business is rare to find and suitable candidates are well aware of their market value. Salary expectations well beyond $100,000 dollars are the new normal. Nevertheless,
FinTech is disrupting the banking world—and bringing consumers along for the ride. Of course, such a major shift in policies and the way companies do business is bound to have equally powerful effects on legislature. Regulations have been strict since 2008, and many US banks have been hit with huge
In the world of data analysis, one tool is often left unused. While being a very powerful analytics tool, cohorts are often pushed aside due to their seemingly complex nature. With a lot to offer in the way of data analysis, let’s take a deeper (yet simplified) look into cohorts.
Wearables continue to be a hugely popular item across different age groups and even continents. They track steps and sleep cycles, but just how valuable is that information? In reality, this data is only partially useful for the wearer. Without big data to decipher what is more or less healthy,
Since the 1700’s people have been studying insects and in the past decade, more research has been popping up on how insects are used in data science applications – and frankly, it’s pretty cool. From creating an alternative food source to city planning,insects and data go hand in hand in
Recent technology advances within the Apache Hadoop ecosystem have provided a big boost to Hadoop’s viability as an analytics environment—above and beyond just being a good place to store data. Leveraging these advances, new technologies now support SQL on Hadoop, making in-cluster analytics of data in Hadoop a reality. This
In 2009, Hal Varian (Google’s Chief Economist) famously joked that “the sexiest job in the next 10 years will be Statistics”. Fast forward to 2016, and it’s abundantly clear that he was right (and how!) $118,709 – the average salary for a Data Scientist today (according to Glassdoor). Compare that
There are hundreds of hotel booking sites online. They all have their own method of matching customers with options. There are basic options, like how many bedrooms for less than $200, and users will still end up searching through several pages before finding the right offer. Generic offers and bad
At a blistering pace and for a variety of reasons, companies are migrating their on-premise database infrastructures to cloud-based solutions—to save costs on hardware, tame the impact of disaster recovery or even to improve security. As the missing pieces of the Cloud continue to be identified and put into place,
Psychological research requires a lot of testing, and a lot of surveys. When relying on surveys, there is a necessary assumption that the subject can be trusted, and that they are answering factually rather than guessing or feeling. Much of the reporting around depression is based entirely on these surveys.