In a data-driven world, it is critical to manage large chunks of data in a simple way. In the words of comedian Dave Chappelle... This is where solutions like vector databases come in. They are significant because of their ability to efficiently store and process...
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Large Language Models (LLMs) leveraged for data enrichment: Transform data into insights
Data enrichment is like gourmet cooking. The data you want to analyze are like fresh, raw ingredients. You clean and process it, chopping it into manageable pieces. You then add external data to enrich the flavor - social media insights, historical trends, and...
Natural Language Querying (NLQ): The future of search
Everything’s great. Data and AI are propelling all sectors. We get all the required info in the palm of our hand. All good, everything is peachy, except… …having to wait for data scientists to extract the information one wants. Well, not anymore. Thanks to Natural...
AI model stores: time saver or just another layer?
You walk into a restaurant that claims to have the world’s best chef. Once you’re seated, you ask for the menu. The waiter says, “There’s no menu here. We cook whatever you want.” The next time you’re out for dinner, you walk into a restaurant and the menu is handed...
Accelerating Revenue with Recommendation-as-a-Service (RaaS): The Power of Personalized Experiences
As much as we joke about Google not letting us finish our sentences, we now expect it to do so. If the drop-down list doesn’t appear when we type the first few letters, we tend to think the Internet is acting up. This expectation has crossed the lines of search...
The synthetic data revolution
British mathematician Clive Humby was spot on with his prediction that “data is the new oil”. It reflects not only the value of data, but also its exhaustible nature. While the world is still starry-eyed about the power of data, let’s pause for a moment. Is ALL data...
An entrepreneur’s guide to managing a consumer-centric digital product
All the multi-billion dollar companies were once startups. They took advantage of internet-based digital platforms as a potential market to sell their digital products. Many entrepreneurs across the world have become successful by creating, managing, and maintaining...
Why Invest In Data?
Large sets of data are generated via multiple data streams from a wide variety of sources on a constant basis almost every day. The global usage of data is growing at a tremendous rate today. Hence, it's no surprise that data is being used as an actionable business...
How to Exploit the Power of Data with the Right Unstructured Data Management Strategy
In recent years, innovative pushes toward data collection and automation have caused many enterprises to scramble in their attempt at modernization. Modernizing by leveraging new automated technologies and collecting and using data is vital for any organization that...
5 Crucial Steps to Investing in AI for Your Business
It’s no secret that demand for artificial intelligence is growing. Among concepts like automation and 5G, AI represents one of the most exciting emerging technologies in the world. We can use it for everything from managing and understanding data, to offering customer...
How big data and product analytics are impacting the fintech industry
The fintech industry is growing at an accelerated pace, driven by new technological innovations and evolving needs. In many cases, the modern enhancements across many IT sectors have had secondary effects across industries - and particularly on fintech products and...
Can trading bots make you a Crypto billionaire?
The headline of this article is a little clickbaity. For that, we apologize, but as long as you’re here, might as well sit down and read a spell. We’ll keep it interesting. As to the question of whether a cryptocurrency trading bot can make you a billionaire - yes, it...
How Even the Most World-Weary Investors are Leveraging the Power of Big Data to Make Trades
It's no secret that big data processing technology is one of the most disruptive forces in the financial market today. Some firms have honed their AI-based stock picking subroutines down to a science and are reaping the benefits as a result. Others have only just...
Low-code platforms for building enterprise applications – which make for the best investment?
The rapid development of modern technologies is commonplace in virtually all areas of our lives, and the enterprise sector is no different. As a result, we are currently witnessing the emergence of new and ground-breaking opportunities for companies and organizations...
What you need to build and implement an enterprise big data strategy
Enterprise Big Data strategy refers to a company’s comprehensive vision when it comes to utilizing data-related and data-dependent resources and capabilities. Organizations that gather or generate loads of data cannot escape the need to come up with a sensible...
Big data challenges and how to overcome them
For those who aren’t aware, “big data” is the term given to the large amounts of data (both structured and unstructured) that businesses must deal with daily. These data sets can be analyzed to help business owners make more accurate decisions and implement new...
Can decentralization help us save free speech on the internet?
Safety advocates and legal experts long opined that speech was too free on the Internet and many people sought to put frameworks into place in order to ensure civility. While this might have looked like a good idea at the time, the World Wide Web is now in danger of...
Big Data and blockchain are a perfect match. So what's keeping them apart?
Not that long ago, the idea that data would come to play a central role in everything from business and government operations to individuals' everyday lives seemed fantastical. Today, however, data's behind almost everything we see, hear, and do in the world. And...
4 applications of big data in Supply Chain Management
As Big Data, IoT, and machine learning become more commonplace, all types of industries are starting to get in on the trend. However, some businesses are slower to adapt than others – even though the benefits of big data are incredibly obvious. In 2014, just 17% of...
How to help high schoolers understand big data
Data science is currently among the most rapidly growing and promising careers of the future. The technology surrounding data mining and analysis has transformed initially useless raw data into an important commodity for most organizations. Data scientists combine...
The use of big data in manufacturing industry
Approximately 40 exabytes of data is generated every month by a single smartphone user that could be in the form of texts, phone calls, emails, photos, video searches, and music. Imagine this number gets multiplied by 3.5 billion smartphone users, that’s a lot of...
5 must have tools for every stock trader
For the busy trader, the size of the major stock exchanges is both a blessing and a real headache. When you consider that the NASDAQ lists over 3000 companies, the NYSE 2,800, Frankfurt has 3,300 and the LSE boasts 2,800, it is no wonder that traders have a hard time...
How to leverage stock screeners to find compelling stock opportunities
he stock market universe consists of thousands of individual companies, many of which are extremely undervalued. At any given point, there will be many hidden gems that offer early investors explosive growth potential. The only problem is finding them before their...
The importance of big data and open source for the blockchain
Digital data and open source technology has changed our daily lives. One of the biggest areas that it has become so vital is the blockchain. Blockchain technology has been applied to everything from cybersecurity to cryptocurrency. In this article, we will explore how...
How modern day AI-based products are empowering businesses?
Artificial Intelligence and other smart technologies are used to empower businesses from every industry, regardless of location. Moreover, smart technologies help companies gain an advantage in front of their competitors, so they are changing the business landscape at...
Challenges of maintaining a traditional data warehouse
One of the most common issues that business analysts face is the lack of access to reliable and timely information about business processes. This information is vital for decision-making yet it is blocked or hindered due to many challenges of a traditional data...
SQL tips and tricks for data analysis
Along with R and Python, SQL is one of the pillars of data analysis programming. To derive the most meaningful data, analysts need to learn the most efficient ways to use SQL. Everything from query performance to data grouping can be enhanced by following a few simple...
5 reasons why big data initiatives fail
A 2020 New Vantage Partners survey of C-suite executives reported that 98.8% of organizations have invested in some kind of data initiatives. And yet only 37.8% of companies have created a data-driven organization. Not that companies are lagging from a technology...
5 data science books every beginner should read
Data science has become one of the best paid and popular categories for professionals. As many companies use applied scientific data in their businesses, professional, scientific knowledge is rising. If you are thinking of going this science route or remaining an...
Is your app not getting traffic? Here’re tips on how to jumpstart growth
If your app isn’t getting enough traffic, you may need to take action to get the kind of attention you want. Growth isn’t just getting new users, it’s also retaining the ones that you already have. Keeping that in mind, there are ways to boost your numbers that also...
How the evolution of data analytics impacts the digital marketing industry
The modern digital marketing industry simply couldn't exist without the aggregation of huge amounts of data. That being said, the role that data plays in marketing has changed dramatically in the last few years. Some computer scientists are suggesting that many...
5 ways technology can drive your sales
This new year has brought new hope in the lives of many people. Sales and marketing teams of small and large businesses have already started sketching their plans for the upcoming months. The significant goal of sketching this plan is to define profit and revenue....
Data analytics: How is it saving lives
As we move into an age centralized on digital software and technology usage, many emergency medical services have opted for efficient and easy-to-use software programs. This is to eliminate excessive time spent recording data and open up opportunities for patients and...
Seven video gaming trends that are taking over the future of the gaming industry
The gaming industry is booming! Companies such as The Old School Game Vault are doing better than ever. Last year it was valued at 162 billion, and it is predicted that the gaming industry will reach a valuation of 300 billion by 2026. That’s a 2X growth in just six...
5 SEO strategies for online stores to optimize customer experience (CX)
Many may think that SEO should be the priority of an online store trying to get off the ground. This isn’t true, as above all else, customer experience should remain of the utmost importance. It’s safe to say that regardless of how good the SEO tactics or how many SEO...
A complete guide to web scraping with python
With the advent of technology, people are looking for numerous ways to innovate and build products through innovation and analytics. One important example is Web Scraping with Python, which helps in the extraction of relevant data from the web. A basis for the...
Benefits and advantages of data cleansing techniques
The business world of today is highly data-driven and this makes data the most valuable asset for almost every enterprise out there. This is especially true for organizations that launch multi-channel marketing campaigns. That being said, there’s one key problem you...
Top 10 python machine learning libraries of all time
The popularity of Python has remarkably increased in recent years. It offers a wide range of benefits to various sectors and industries. Among these fields, it has majorly benefited data science projects. Today, many entrepreneurs intend to incorporate Machine...
How to use big data for business development
There’s a reason why Facebook became a global superpower despite its many privacy transgressions. It knows people. The company uses the power of data to the full extent that it’s able to. Big data has gone from being this confusing niche idea that business managers...
8 important tips for successful digital transformation
Digital transformation is the process of integrating digital technologies across all operational areas of a business. It involves shifting to virtual technology and replacing manual processes with digital automated processes. Businesses transform their company culture...
Digitization: How modern technology is transforming restaurant industry
Today, technological innovations have empowered every business, and the restaurant industry is not an exception. From getting orders online to home deliveries, new technological tools make their space and help restaurants connect with customers, fulfill their demands,...
Why is Node.js loved by popular companies like Netflix, PayPal or Uber?
The Node.js is a server-side runtime environment based on JavaScript that allows developers to use the same solution on frontend and backend. Because of the simplicity of use, dedicated community and regular premieres of countless add-ons the most popular global...
Cognitive psychology concepts we can use to improve UX design
Experienced UX designers will likely be familiar with its fundamental principles, which revolve around meeting the users' needs, focusing on usability and keeping the design consistent. Any renowned digital agency will operate based upon these principles. The...
7 Best practices to help secure big data
Digital data is expanding speedily than ever before. Big data is extremely helpful to the organizations as it provides an insight to the businesses about themselves; help them understand their consumers and their market. With all these benefits comes the...
IoT market trends in 2021 for PCB design and manufacturing
Recent IoT electrical trends in 2021 will prove that the digital market for interrelated smart devices is hiking rapidly, and the PCB designers will have to rethink their strategies to fulfill these needs for a new era. Making or building this new facility needs...
4 booming job domains to pursue in 2021
Ever since the lockdowns due to the Covid-19, we’ve all increasingly depend on digital technology. Apart from being forced to evolve as societies and individuals, we prepared ourselves to cope and prepare for the future. Cutting-edge technologies didn’t just surface...
Top tools to help you manage your remote software development team
We are more connected now than ever before. We can reach the other side of the globe in a matter of seconds, without even having to move one inch. A privilege many businesses have taken advantage of in order to grow and prosper. Modern technologies allow us to tap...
The Role of Big Data in Mobile App Development
The radical increase in mobile users has entailed the improvement of the mobile app industry. Mobile application development agencies help businesses in planning and designing exclusive and robust mobile apps that can fulfill the requirements of clients. People are...
Business Intelligence Strategy: 5 Easy-Steps to Make it More Effective
Businesses and corporates wanted to be on the top, gain a competitive advantage. By spottings where their competitors are lagging and turning all these loopholes into opportunities. And it is sturdy without data science, big data, and business analytics. The...
Data matters: Just being a visionary is not enough for new entrepreneurs
“Without data, you are just another entity with an opinion.” ~Anonymous Truer words have not been spoken! Without data, any idea you present is just another opinion. Many entrepreneurs have come forward - some being innovators, some hustlers, some imitators, and some...