The Perils of Big Data Gone Wrong… and How to Avoid Them

Big Data - The Center of Applied Data Science

Big Data can be a vital component in creating strong, long-lasting, mutually beneficial relationships between businesses and their customers or customers-to-be. In the right hands, Big Data offers a cost-efficient means of optimizing return-on-investment and business growth. But the challenge with Big Data is that it is in fact big, with massive data stores and … Read more The Perils of Big Data Gone Wrong… and How to Avoid Them

Making decisions with data — The importance of data preparation

Data Science - The Center of Applied Data Science

The advancement of technology has led to the increase of data volume. 80% of the world’s data today is unstructured. Experts are predicting a 4,300% increase in annual data production by 2020 by which time every human will produce 1.7 megabytes of data per second, growing our digital universe to 10 times that of today. … Read more Making decisions with data — The importance of data preparation

Common Misconceptions about Data Scientists

Big Data - The Center of Applied Data Science

Established and experienced data scientists are often asked, “What is the role of a data scientist in an organisation?” As a relatively new profession in what is quickly emerging as an exciting field, data scientists have naturally attracted curiosity from the Average Joe. The direct answer is that the role has evolved over time. Last … Read more Common Misconceptions about Data Scientists