Cloud Computing provides us means by which we can access the applications as utilities over the internet. It allows us to create, configure and customize the business applications online. This is a big shift from the traditional way businesses think about IT resources. What is Cloud Computing? Cloud Computing can be defined as delivering computing power […]
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Today, it marked the 50th anniversary of the Nobel Prize in economics. The prize was awarded today to a pair of American economists, William D. Nordhaus and Paul M. Romer, for their work highlighting the importance of government policy in fostering sustainable economic growth. The prize money of 9 million Swedish krona ($1 million) will
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Machine Learning (ML) is a subset of the wider field of artificial intelligence. It is the area of technology where computers are fed large amounts of data and by applying algorithms, computers find patterns and make accurate predictions based on that data without any human intervention. Present Scenario for AI and Machine Learning in Small Business
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Neural Network or Artificial Neural Network (ANN) is one of the frequently used buzzwords in analytics these days. ANN is a machine learning technique which enables a computer to learn from the observational data. Neural Network in computing is inspired by the way biological nervous system process information. Biological neural networks consist of interconnected neurons
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XGboost is short for eXtreme Gradient Boosting package. Before diving deep into XGBoost, let us first understand Gradient Boosting and just Boosting. Boosting is a machine learning ensemble meta-algorithm for primarily reducing bias and variance in supervised learning and a family of machine learning algorithms that convert weak learners to strong ones. Algorithms that achieve
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There is a big difference between a traditional algorithm and a machine learning algorithm (ML). Traditional algorithms are designed for problems which we already know how to solve and so we explicitly program the computer to solve them. In contrast, machine learning algorithms deal with problems without clear-cut steps towards a solution. In machine learning,
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Augmented Analytics, an approach that automates insights using machine learning and natural-language generation marks the next wave of disruption in the data and analytics market. Data Analytics allows Artificial Intelligence to find appropriate and meaningful information using Machine Learning. ML is the connection between data analytics and AI since ML is the process of learning
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R is actually a programming environment and language made specifically for graphical applications and statistical computations. R is a very unique language and has some really interesting features which aren’t present in other languages. This makes it a quite popular choice for Data Scientists. R is used for statistical computations, data analysis and graphical representation
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Data visualization is the techniques to communicate data or information by encoding it as visual objects. We may call it visual communication. Data Visualization is actually the use of computer graphics to create visual images which aid in the understanding of complex, often massive representations of data. To communicate information clearly and efficiently, data visualization
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