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AI adoption accelerating, yet benefits at risk unless businesses address customer and employee doubts

The adoption of AI is rapidly growing in the workplace; however, to take full advantage of AI’s opportunities, businesses must understand and overcome lingering doubts from their customers and employees. There’s no question that businesses are at an inflection point with their use of AI. To achieve greater impact, we must change the narrative about lingering concerns. It is critical to educate both employees and customers about AI’s potential and enable them with tools to take advantage of its benefits. 

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Machine Learning Algorithms In Layman’s Terms - Part 1

A soft skill that keeps coming to the forefront is the ability to explain complex machine learning algorithms to a non-technical person. An algorithm is the mathematical life force behind a model. What differentiates models are the algorithms they employ, but without a model, an algorithm is just a mathematical equation hanging out with nothing to do. An algorithm is what is used to train a model, all the decisions a model is supposed to take based on the given input, to give expected output. 

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A fresh look at machine learning in retail: top Ten applications

Want to learn more about how your retail business can efficiently use Machine Learning and Data Science? Data Science and Big Data analytics is not a magic pill that can solve all your problems. However, it’s a strong competitive advantage as it gives you knowledge and a better sense of control. What you need and can do is to have a vivid picture of what is going on in your business, as the more info you have at hand, the more clearly you can see that something is going wrong and needs fixing.

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Machine Learning Classifier: Basics and Evaluation

Often a classifier will have some confidence value in each category. These are most often generated by probabilistic classifiers. Sometimes, we threshold the probability values. In computer vision, this happens a lot in detection. The optimal threshold varies depends on the tasks. Some performance metrics are sensitive to the threshold.  This post is going to cover some very basic concepts in machine learning, from linear algebra to evaluation metrics. It serves as a nice guide to newbies looking to enter the field.

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The CIO’s future: tech is no longer enough

Forward-thinking business leaders are making sure digital is part of the overall strategy discussion, not just transformation but also keeping a keen perspective on the competitive and potential mergers or acquisitions.  By being involved and understanding what is really needed to undergo digital transformation, boards can ensure that leadership is executing on its plan and steering the company toward a successful digital future. In response to shifts in the business landscape and changing business requirements, the role of the CIO is going to be reinvigorated and extended across a number of dimensions. Here are eight examples.

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What is Automated Machine Learning (AutoML)?

What is Automated Machine Learning? It is, quite simply, the automated process of features and algorithm selection that supports planning. Business users can leverage machine learning and assisted predictive modeling to achieve the best fit and ensure that they use the most appropriate algorithm for the data they wish to analyze. Business users can take advantage of AutoML tools to explore patterns in data and receive suggestions to help them gain insight – all without dependence on IT or data scientists.

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Neural Networks: Basic concepts for beginners

Now is time to start to review the basic concepts of neural networks. This post will present some basic concepts of neural networks, reducing theoretical concepts as much as possible, with the aim of offering the reader a global view of a specific case to facilitate the reading of the subsequent posts where different topics in the area will be dealt with in more detail. A brief intuitive explanation of how a single neuron works to fulfill its purpose of learning from the training dataset can be helpful for the reader. 

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How chatbots can help recruiters boost candidate engagement

A human recruiter, likely to be juggling various tasks, can’t always give their full attention to every single potential candidate. Chatbots can be used to automate the top of funnel interactions, ensuring that each candidate gets timely, personalised responses at each stage of the recruitment process. Given the high volume of emails, calls, messages, pings, and alerts that recruiters have to try and stay on top of, chatbots make good personal assistants. They are nowhere near to replicating human capabilities beyond administrative responsiveness – but this in and of itself is already helping recruiters do better business.

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Data literacy: What it means and why it’s essential for your business

Putting data in the hands of a few experts is a powerful thing, but making it available throughout an organization can be a game changer. Used properly, data can allow us to design better products, understand customers, and improve efficiency. Organizations now have access to affordable, powerful tools that make this possible, but providing access to the data is only part of the equation. Employees must be able to assess the value of the data they have and interpret it properly. 

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What is Deep Learning?

Today, deep learning has become pivotal to many of the applications we use every day such as content recommendation systems, translation apps, digital assistants, chatbots and facial recognition systems. Deep learning has also helped create advances in many special domains such as healthcare, education, and self-driving cars. The fame of deep learning has also led to confusion and ambiguity over what it is and what it can do. Here’s a brief breakdown of what deep learning and neural networks are, what they can (and can’t do) and what are their strengths and limits.

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How Measurable Analytics Helps to Improve Collaboration and Engagement

How to measure something that by its nature is abstract and unmeasurable, like team collaboration? What KPIs would you use to assess the overall state of team collaboration and ensure its long-term monitoring to draw unbiased conclusions? Overall, there are a plethora of software solutions created to evaluate personal performance and monitor employees’ development. However, those solutions can hardly deal with collaboration assessment, or they require substantial customization effort to handle such a non-trivial task. Happily, big software providers have started to incorporate relevant functionality into their core systems to prevent organizations from investing in stand-alone solutions.

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Four Most Important Success Factors in any Machine Learning Project

A machine learning project is first and foremost a software project. Many data scientists have little experience building well architected, reliable and easy to deploy software. When you build a production system, this will become a problem. As a rule of thumb, engineers can pick up data science skills faster than data scientists can pick up engineering experience. If in doubt, work with the python engineer with 5+ years experience and a passion for AI. If you are a product manager and want to build something with machine learning, here’s a list of the 4 most important things to keep in mind.

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"Your Expertise Is No Longer Needed" - Sincerely, DEEP Learning.

What does the human expert lack? Why can the world's best experts be beaten using subject naive methods? A human can't weigh historical observations fairly, they put too much weight on experience A and not enough on experience B. A human is also limited to their own personal experience and wisdom, where a computer can learn from more data than a human can see in a lifetime (medical imaging being a great one). Lastly, a computer can overtake a human expert's ability to experiment, do feature discovery, and validate new ideas. 

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Start-Ups should spend more time on making a good first impression - 5 things you can do to kick-start your brand

You have worked hard to move your new company forward. Do not let a bad first impression hurt your chances for success. Spend some time to create a brand that communicates effectively with your audience. Starting simple is fine but start with a solid foundation. Be clear, consistent, focused on outcomes and follow best practices. So, start-Ups should spend more time on making a good first impression, and here are 5 things you can do to kick-start your brand

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Why digital transformation? Challenge vs opportunity

What constitutes ‘digital transformation’ and how does a company become fully digitally transformed? Put simply, it is the integration of new advanced technologies, such as Internet of Things (IoT) or cloud computing, into business to increase efficiency, productivity, and ultimately improve a business’ bottom line. As for the latter point, it could be argued that no business will ever complete a journey of digital transformation. It is a perpetual journey, influenced by the fast-paced world we live in today and driven by constant innovation and radical ideas.

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Ten Python File System Methods You Should Know

In this guide, we’ll look at methods from the os and shutil modules. The os module is the primary Python module for interacting with the operating system. The shutil module also contains high-level file operations. For some reason, you make directories with os but move and copy them with shutil. There are many ways to copy files and directories in Python. Go figure.

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If You’re a Chief Data Officer and All you Care about is Data, You’re in Trouble

What should Chief Data Officers be doing to effectively drive results? Surprisingly, the answer has little to do with the data itself. These days, no one can afford to ignore data. Of course, the chief data officer should try to maximise use of shared systems and resources, but their focus is to address the priorities of each line of business (LOB) while ensuring they’re broadly aligned with the business overall. Here are the main roles a chief data officer needs to fill, outside of the traditional security and infrastructure tasks, to help their organization succeed with data.

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Three common data science career transitions, and how to make them happen

A lot of data science career advice follows a similar law: there are posts aimed at complete beginners, posts aimed at veteran software engineers, and posts designed to help junior data scientists hone their skills. All of this noise makes it difficult for many aspiring data scientists to know where to invest their time as they look to transition into the field. At the end of the day, whether you’re a software engineer, a recent grad, or a complete beginner, a key question to ask yourself is what career trajectories are closest to you in parameter space. 

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Top IoT Trends in 2019

The Internet of things is anything related to devices which are connected to the internet. We all are surrounded by such devices in our routine life. This is the reason why IoT development trends have shown remarkable growth in recent years. The continuous explorations by IoT development companies are the reason behind the constant changes in the Internet of Things Trends. Here are Top IoT trends in 2019. These Internet-of-Things trends in 2019 will surely upheave our lifestyle in some new surprising ways.

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The cold start problem: how to break into machine learning

Some steps are hard to take on your own. Schools aren’t good at teaching data prep, ML devops, or networking. Most people learn those things on the job or from a mentor if they’re lucky. Many people never learn them at all. But how do you bridge that gap in the general case? How do you get a job without experience when you need a job to get experience? So to help everyone at the same time, I’ve put together a progression that you can follow from any starting point to actually become a machine learning engineer.

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Four Quality Management Technology Trends

It’s more beneficial to invest in trends that are truly going to have an impact on your business and bottom line. Here are four key trends in quality management technology that you should be paying attention to. These four quality management technology trends are here to stay and will also have a direct influence on the future of the field. It's essential, then, that you pay them the proper attention and consideration. The sooner you implement these practices, the better off your entire organization will be.

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Will Edge Computing IIoT solutions be a real trend in 2019?

The benefits of using Edge Computing / Machine Learning solutions are very attractive to manufacturers because allows minimize latency, conserve network bandwidth, operate reliably with quick decisions, collect and secure a wide range of data, and move data to the best place for processing with better analysis and insights of local data. The ROI in such IIoT Solutions is very attractive. But they will never get these benefits if they do not step up and change your outdated attitude and start soon their IIoT journey aimed at to provide tangible and innovative business value.

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Why now this Artificial Intelligence boom?

John McCarthy coined the term Artificial Intelligence in the 1950s, being one of the founding fathers of Artificial Intelligence along with Marvin Minsky. Also in 1958, Frank Rosenblatt built a prototype neuronal network, which he called the Perceptron. In addition, the key ideas of the Deep Learning neural networks for computer vision were already known in 1989; also the fundamental algorithms of Deep Learning for time series such as LSTM were already developed in 1997, to give some examples. So, why now this Artificial Intelligence boom?

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IoT’s Real Impact on Business

As the adoption of IoT began to ramp up, more things became apparent — particularly regarding the benefits it can offer the average operation. By utilizing the data collected and transmitted from connected devices, companies have seen unprecedented efficiency and cost improvements, but also many boons to oversight. These changes are largely positive, and they’re reported across all industries, from manufacturing to modern health care. However, all this change means the entire business world is in a constant state of flux, and it will stay that way, at least for the foreseeable future.

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