16 Data Mining Techniques: The Complete List
Organizations have access to more data now than they have ever had before. However, making sense of the huge volumes of structured and unstructured data to implement organization-wide improvements can be extremely challenging because of the sheer amount of information. If not properly addressed, this challenge can minimize the benefits of all the data.
Data mining is the process by which organizations detect patterns in data for insights relevant to their business needs. It’s essential for both business intelligence and data science. There are many data mining techniques organizations can use to turn raw data into actionable insights. These involve everything from cutting-edge artificial Intelligence to the basics of data preparation, which are both key for maximizing the value of data investments.
https://www.talend.com/resources/data-mining-techniques/
Tech debt: Reclaiming tech equity
As the world becomes more digital, technology is increasingly becoming a core driver of value for business. But as companies modernize their IT, a hidden peril is emerging that could undermine their efforts: tech debt. This refers to the off-balance-sheet accumulation of all the technology work a company needs to do in the future.
Poor management of tech debt hamstrings companies’ ability to compete. The complications created by old and outdated systems can make integrating new products and capabilities prohibitively costly. Challenges hidden in the architecture can spring surprises that make projects run over budget and miss deadlines. Much of IT employees’ time is spent managing complexity rather than thinking innovatively about the future. And disjointed data architectures prevent businesses from making full use of advanced analytics to improve their decision making.
In a recent McKinsey survey, CIOs reported that 10 to 20 percent of the technology budget dedicated to new products is diverted to resolving issues related to tech debt. More troubling still, CIOs estimated that tech debt amounts to 20 to 40 percent of the value of their entire technology estate before depreciation. For larger organizations, this translates into hundreds of millions of dollars of unpaid debt. And things are not improving: 60 percent of the CIOs we surveyed felt their organization’s tech debt had risen perceptibly over the past three years
How governments can harness the potential of blockchain
Governments have tried to implement blockchain, with mixed outcomes. Finding the right use cases, however, can help agencies realize the technology’s full potential.
Informed by the success of global agencies using blockchain, we have defined five use cases that illustrate how governments can unlock the technology’s full potential. Since blockchain’s utility depends on stakeholder adoption, government agencies can use economic incentives such as providing access to certain government data without paying for it or offering federal credits to reduce transaction service fees to get users on board. Agencies that successfully implement blockchain could increase citizen trust and generate value for both the government and its citizens.
The current state of quantum computing: Between hype and revolution
Current research indicates that quantum computing is on the verge of fulfilling its potential.
In recent years there has been a rising interest in quantum computing, fueled by several breakthroughs on the technology side and a significant increase in investments. To gain a fuller view of the current quantum-computing landscape, we conducted quantitative research as well as a comprehensive survey of more than 300 technologists across industries. Using our findings from both research components, we assessed quantum computing through four lenses—general temperature, industry, private equity, and use cases—to understand its evolution from hype to game changer.
The revival of electronics: Programmable hardware for industry
Industries that rely on efficient, real-time analysis of a significant volume of data should consider integrating field-programmable gate arrays into their IT infrastructure.
Can Low- and No-Code Platforms Turn Marketers Into Data Scientists?
The global low-code development platform market is predicted to generate $187.0 billion by 2030, rising from $10.3 billion in 2019, according to a November report from ResearchAndMarkets.
Vendors of these low- and no-code development platforms promise marketers they can help with analytics, data science and machine learning. These come in the form of simple dashboards to rather sophisticated predictive analytics with products such as Oribi, Gyana, Onna, Lido, Obviously.ai, etc.,
Low-code machine learning allows development to be done in a democratized way, allowing the rapid deployment of a customized tool designed directly by a marketer, keyed to the needs of the consumer.
Similarly, analytics in a low-code scenario allows a marketer to quickly deploy tools to assist in consuming and understanding data, which in turn, allows for a faster understanding of current market climates. Further, the marketer can make rapid decisions based on that data, moving to implement new tactics based on a high-level understanding of the market. With the right low-code tools, such analysis can be done on demand, in a repeatable fashion, painting an up-to-date state of the market.
What are Some of the Top Cloud Security Issues?
The top cloud security issues include a wide range of threats and ways to handle them. Whether attacks come from inside or outside of the organization, malicious actors are pursuing data from nearly all angles. In order to keep a baseline of security measures, industries and governments have established various security standards.
The modern networks used by organizations typically include the cloud as another network node. An organization that uses the public cloud loses a degree of control over how the data is secured. This can be an issue if the cloud has insufficient security measures, tenant segmentation fails, if data is lost, or if the servers are misconfigured.
https://www.sdxcentral.com/cloud/definitions/top-cloud-security-issues-and-terms
Science in the News: Special Edition: Artificial Intelligence
The field of Artificial Intelligence is rapidly expanding. From self-driving cars to video games, artificial intelligence plays a role in many aspects of society today. In this SITN special edition blog series, we explore the technologies and tools that take advantage of AI. Websites like Facebook and Spotify use machine learning algorithms to produce content specifically tailored for their users; doctors’ offices incorporate AI to examine medical images and search for cancerous lesions, and brain computer interfaces combine man and machine to help build a better human. Some AI can even dream and have a conversation.
As machine learning and AI expand their influence in modern society, we can utilize AI to inform public policy and even expand our energy capabilities to meet the demands of an ever-modernizing world, all the while considering whether machines are capable of making ethical decisions.
In this special edition, we take a closer look at artificial intelligence and its role in society today. The future of AI looks promising, with the potential to improve many facets of our lives, but only if we can fully understand the complexities and limitations along the way.
https://sitn.hms.harvard.edu/special-edition-artificial-intelligence/
The 9 Industries Amazon Could Disrupt Next
Since 1999, Amazon's disruptive bravado has made “getting Amazoned” a fear for executives in any sector the tech giant sets its sights on. Here are the industries that could be under threat next.
The 5 industries Amazon will disrupt in the next 5 years
Pharmacies: Making drugs a low-margin commodity
Small business lending: A direct, data-driven source of financing
Fulfillment & delivery: Using the AWS model to create a new business line
Online groceries: Faster delivery and better logistics
Payments: Giving small merchants a cheaper option
The 4 industries Amazon could go after next
Insurance: Bundling value into the shopping experience
Luxury fashion: Bringing high fashion online
Smart home: Racing to connect the whole house
Home & garden: Capitalizing on supply chain expertise
https://www.cbinsights.com/research/report/amazon-disruption-industries
From Energy To Transport To Healthcare, Here Are 8 Industries Being Disrupted By Elon Musk And His Companies
Elon Musk is CEO of Tesla and SpaceX, has plans to colonize Mars, and thinks AI may turn humans into its pets. But beyond the hype, his enormous net worth, and Twitter presence, here's how Musk's companies are actually taking on 8 industries.
https://www.cbinsights.com/research/report/elon-musk-companies-disruption/
Healthcare In The Post-Covid World: 16 Ways Telehealth Could Transform Care.
While telehealth has boomed during Covid-19, the trend was already taking off before the pandemic. From reduced costs to increased access, here's how telehealth could improve the healthcare system.
Telehealth, which spans from video consultations to remote patient monitoring, has the potential to make healthcare more convenient and accessible while cutting costs and increasing revenue for providers and payers. The industry itself is worth an estimated $81B.
https://www.cbinsights.com/research/telehealth-transform-healthcare-post-covid-19
Web development trends for 2021 and the latest web technology stack
Standards in web development can change faster than they can implement. To stay one step ahead, it is essential to keep an eye on the prevailing trends, techniques, and approaches.
We've analyzed trends across the industry and put together a definitive list of web development trends for 2021. As a bonus, you'll also read about the best web development stacks to watch out for next year. Whether your current interest is market development, startup innovation, or IoT invention, these are the trends you need to know about.
The hottest web technology trends to adopt in 2021
MIT SMR articles collection on digital transformation.
Complete the registration form to receive a complimentary PDF download of “Embracing Reinvention: How Companies Are Transforming in the Digital Age” and a bonus white paper from Creatio.
https://sloanreview.mit.edu/offers-free-download-how-companies-are-transforming-in-the-digital-age
eBook: Data Science for Undergraduates: Opportunities and Options
Data science is emerging as a field that is revolutionizing science and industries alike. Work across nearly all domains is becoming more data driven, affecting both the jobs that are available and the skills that are required. As more data and ways of analyzing them become available, more aspects of the economy, society, and daily life will become dependent on data. It is imperative that educators, administrators, and students begin today to consider how to best prepare for and keep pace with this data-driven era of tomorrow. Undergraduate teaching, in particular, offers a critical link in offering more data science exposure to students and expanding the supply of data science talent.
Data Science for Undergraduates: Opportunities and Options offers a vision for the emerging discipline of data science at the undergraduate level. This report outlines some considerations and approaches for academic institutions and others in the broader data science communities to help guide the ongoing transformation of this field.
https://www.nap.edu/catalog/25104/data-science-for-undergraduates-opportunities-and-options
A Complete 52 Week Curriculum to Become a Data Scientist in 2021
Learn something every week for 52 weeks!
If you want to be a data scientist but haven’t yet made the commitment, now is the time.
Last year, I made a commitment to learn something new about data science every week for 52 weeks, and I think that was one of the best decisions I’ve ever made. You’d be surprised at how far you can get in a year.
And so, I’m presenting to you a complete 52 weeks curriculum that you can do in 2021 as a new years resolution! It is crammed and it will be a grind, but it will be worth it.
Immediately, you’ll notice that this guide does not start with machine learning, and I have good reasons for that. If you want to learn more about why machine learning comes in the later weeks, check out my article:
Career Guide: How to Find a Job in Tech
Trying to find a job in the tech world? The IT department has fundamentally changed — it’s no secret. Across the industry, veteran tech works and managers have to rethink what it means to work in IT. Meanwhile, technologies like automation, artificial intelligence, and machine learning promise to revolutionize IT infrastructure even more. Some fear they are going to be revolutionized right out of a job.
Let’s face it: Whether you’re a fresh-faced college graduate, a mid-career manager, or a tech veteran, workforce transformation is scary. But it doesn’t have to be.
This workforce transformation career guide from SDxCentral gives IT professionals the foundational tools they need to find a job in tech and thrive in an evolving market. It includes:
- Why Digital Workforce Transformation isn’t a Bad Thing
- Hard and Soft Skills You Need to Know
- How To Write a Resume and Cover Letter that Don’t Suck
- Tips for Nailing Your Interview
- Top Growing Technology Jobs
- Key Takeaways in Digital Transformation
9 Soft Skills Every Employee Will Need In The Age Of Artificial Intelligence (AI)
Technical skills and data literacy are obviously important in this age of AI, big data, and automation. But that doesn't mean we should ignore the human side of work – skills in areas that robots can't do so well. I believe these softer skills will become even more critical for success as the nature of work evolves, and as machines take on more of the easily automated aspects of work. In other words, the work of humans is going to become altogether more, well, human.
With this in mind, what skills should employees be looking to cultivate going forward? Here are nine soft skills that I think are going to become even more precious to employers in the future.
https://bernardmarr.com/default.asp?contentID=2112
Questioning Techniques: Asking Questions Effectively
"Garbage in, garbage out," is a popular truth, often said in relation to computer systems: if you put the wrong information in, you'll get the wrong information out.
The same principle applies to communications in general: if you ask the wrong questions, you'll probably get the wrong answer, or at least not quite what you're hoping for.
Asking the right question is at the heart of effective communications and information exchange. By using the right questions in a particular situation, you can improve a whole range of communications skills. For example, you can gather better information and learn more, you can build stronger relationships, manage people more effectively, and help others to learn too.
In this article and in the video, below, we will explore some common questioning techniques, and when (and when not) to use them.
https://www.mindtools.com/pages/article/newTMC_88.htm
Videos: The importance of self-care
Too busy to take care of yourself? These talks offer simple ways to stay healthy -- both emotionally and physically.
13 talks · 5 hrs 2 minutes
https://www.ted.com/playlists/299/the_importance_of_self_care
Podcasts: Supermanagers
It features interviews of leaders from all walks of life to tease out the habits, thought patterns, learnings and experiences that help them be extraordinary at the fine craft of management. It is a growing collection (currently 48) of podcasts of duration 30-45 minutes each.
https://fellow.app/supermanagers/
IRAI Quiz -- 210511
1. Bitly is associated with: Bitcoin / URL shortening/ Content streaming
2. ------------- is the name of the app Store for BlackBerry smartphones & tablets
3. ------------ is a term used pejoratively to describe software that filters out undesirable Web sites or content.
4. ------------- is a compound word derived from cybernetics and organism
5. ------------ is a 30-second verbal presentation of your product or startup, to generate interest with investors, customers, and business partners.
6. Marchese Guglielmo Marconi is an Italian electrical engineer best known as the inventor of the wireless telegraph. It is popularly known as -------- today.
7. ------------ are crucial software that conduct conversations and simulate human behavior in the real world.
8. ------------ testing is generally carried out when there is a change in the application or when new features are added.
9. Data ---------- is the process of transforming and mapping data from one "raw" data form into another format with the intent of making it more appropriate and valuable for a variety of downstream purposes such as analytics.
10. Outsourcing DevOps operations is beneficial to an organisation. True / False?
Forthcoming Events
15th May 2021 at 6 pm IST. IEEE CS Madras, ACM Chennai & CSI Chennai jointly present a webinar on "A Garden of Web-based System - Not a Silver Bullet" by Dr. Rajiv Chopra, Associate Professor, Dept of CSE, Guru Tegh Bahadur Institute of Technology, GGSIPU, New Delhi & Author of the book “ Web Engineering”. Register at https://bit.ly/3fwpWlk
ACM India Online Summer Schools 2021 on five different topics during 14 June to 16 July: Shape Modelling, Program Execution, IoT and Embedded Systems (for women only), Natural Language Processing and Programming Language Analysis and Optimizations. Apply on or before: 18 May 2021. For more details at https://india.acm.org/education/acm-india-summer-schools
Asia Pacific Regional Internet Governance Forum (APrIGF) organises APrlGF-2021 in hybrid mode at Kathmandu, Nepal on the theme: Towards an Inclusive, Sustainable and Trusted Internet during 27-30 Sep 2021. Fellowship applications are open till Fellowship Applications: 27th May 2021 (Thursday) 23:59UTC. More details at https://ap.rigf.asia/
IEEE Computer Society: Top 2021 Calls for Participation Opportunities: Whether in person or virtual, computing research continues. Explore some of the IEEE CS top calls for participation below for new ways to get involved in the industry. More details at: https://www.computer.org/publications/tech-news/insider-membership-news/2021-participation-opportunities?source=cssocial
Call for Papers: ICDMAI 2022: 6th International Conference on Data Management, Analytics and Innovation, scheduled from 14-16 January 2022 in virtual mode. Organised by Society for Data Science (S4DS). Last date: 31st Aug 2021. Contacts: Website: www.icdmai.org Email: icdmai.s4ds@gmail.com Mobile: +91-9923602490
More events in May 2021 at https://bit.ly/3t4mSks
Past posts of Intereresing Reads And Information
https://infoforuse.blogspot.com/2020/07/intereresing-reads-and-information.html
IRAI Quiz Archives at
https://infoforuse.blogspot.com/2020/08/archives-irai-quiz.html
IRAI Titbits Archives at
https://infoforuse.blogspot.com/2020/08/archives-irai-titbits.html
Pl. send your feedback & other communications to hrmohan.ieee@gmail.com
Answers to IRAI Quiz -- 210511
2 BlackBerry World
3 Censorware
4 Cyborg
5 Elevator Pitch
6 radio
7 Chatbots
8 Regression
9 wrangling / munging
10 False
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