7wData
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7wData
Compete on Analytics, a Visual crisp on Data as Competitive Edge in all its forms
Curated by Yves Mulkers
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How to Pick the Perfect Color Combination for Your Data Visualization

How to Pick the Perfect Color Combination for Your Data Visualization | 7wData | Scoop.it
Choosing any color scheme — whether for graphics, websites, brands, etc. — is a challenge in and of itself. That choice of colors sets the mood for anything and everything you create. When it comes to data visualization, color is especially important. The color scheme sets the tone of the imagery and each color serves to represent a unique piece ... Read More
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The Future of Business Intelligence Is Embedded and Conversational

Business intelligence (BI) is in a constantly evolving state where best practices are highly flexible. Right now, a hot topic is embedded BI and analytics. BI software has become almost a staple in any data-centric company regardless of size. Big or small, startup or well-rooted enterprise, the idea that data is power has finally begun to stick, and having quality ... Read More
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The business advantages of embedding analytics into applications

The business advantages of embedding analytics into applications | 7wData | Scoop.it
Imagine, if you will, that you’re a product manager recently tasked with adding some whiz-bang visual analytics to your software, web site, or mobile app. Your first instinct may be to build your own solution as part of your existing product. However, you have to ask yourself if you have the team resources to accomplish the chore, or if you ... Read More
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In-Depth: AI in Healthcare

In-Depth: AI in Healthcare | 7wData | Scoop.it
The days of claiming artificial intelligence as a feature that set one startup or company apart from the others are over. These days, one would be hard-pressed to find any technology company attracting venture funding or partnerships that doesn’t posit to use some form of machine learning. But for companies trying to innovate in healthcare using artificial intelligence, the stakes ... Read More
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Using Machine Learning To Understand Your Customers Better

Using Machine Learning To Understand Your Customers Better | 7wData | Scoop.it
When retailers aim to collect more data about their customers, they follow larger sources of market information. Here are some notable examples of technological advancement in machine learning allowing retailers to understand their customers better. As the global retail market is expanding, the industry has become capable of growing and competing with challenges, such as infrastructure, competition, and above all, ... Read More
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5 Ways To Get Buy-in For Your Data Initiative

5 Ways To Get Buy-in For Your Data Initiative | 7wData | Scoop.it
In a recent survey of 2,165 data professionals commissioned by KPMG and conducted by Forrester Consulting, 49% of respondents expressed a belief that their C-level executives don’t fully support their organization’s data and analytics strategies. Without C-suite buy-in, it is basically impossible to get your initiative off the ground, as the C-suite is essential for getting the investment in resources ... Read More
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Artificial Intelligence or Intelligence Augmentation. What’s in a name?

Artificial Intelligence or Intelligence Augmentation. What’s in a name? | 7wData | Scoop.it
Even as we try to wrap our heads around the idea of Artificial Intelligence, or AI, and understand its impact on our lives, our businesses and jobs, some experts suggest we may be barking up the wrong tree. The answers to our questions, they believe, may lie in a concept called Intelligence Augmentation, or IA. One of these experts, Murali ... Read More
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Best Practices Learned From Big Data Projects

Best Practices Learned From Big Data Projects | 7wData | Scoop.it
Big data could reap large benefits for companies but only if they establish processes for data collection and analyses tied to specific use cases. Otherwise, a company might have tremendous amounts of data and feel so overwhelmed they’ll have no idea how to start mining through it to find gems that promote business growth. Measurable results are possible only with ... Read More
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Descriptive Statistics Key Terms, Explained

Descriptive Statistics Key Terms, Explained | 7wData | Scoop.it
This is a collection of 15 basic descriptive statistics key terms, explained in easy to understand language, along with an example and some Python code for computing simple descriptive statistics. Statistics, though a central set of tools for data science, are often overlooked in favor of more solidly technical skills like programming. Even machine learning learning algorithms, with their reliance ... Read More
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A survival guide for the coming AI revolution

A survival guide for the coming AI revolution | 7wData | Scoop.it
If the popular media are to be believed, artificial intelligence (AI) is coming to steal your job and threaten life as we know it. If we do not prepare now, we may face a future where AI runs free and dominates humans in society. The AI revolution is indeed underway. To ensure you are prepared to make it through the times ... Read More
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The importance of data scientists

Data science is increasingly becoming a core capability. After all, who or what is going to turn the increasing mass of data into something usable in every department, from marketing to product development? But there’s a real concern because of the shortage of data scientists and the low skill adoption rate compared to the growth in technology. Our principal researcher ... Read More
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How AI is used to infer human emotion

How AI is used to infer human emotion | 7wData | Scoop.it
Rana el Kaliouby is the co-founder and CEO of Affectiva, an emotion measurement technology company that grew out of MIT’s Media Lab. Rana is giving a talk, The science and applications of the emerging field of artificial emotional intelligence, at the Artificial Intelligence Conference in New York City on June 28, 2017. We recently caught up with Rana to discuss ... Read More
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Improve your marketing through AI-influenced analytics

Improve your marketing through AI-influenced analytics | 7wData | Scoop.it
For businesses to survive today, they have to embrace new trends quickly. We’re no longer living in the world where new developments, like airplane travel or television, take decades to reach market saturation. Today’s technology adoption cycle is blink-and-you’ll-miss-it fast, even compared to the advent of computers, mobile devices and the internet, which transformed their respective markets in just a ... Read More
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Most Influential Brands in Industrial Internet of Things and Smart Cities by Right Relevance

Most Influential Brands in Industrial Internet of Things and Smart Cities by Right Relevance | 7wData | Scoop.it
This report is an example of the deep insight reports that Right Relevance builds with graph analysis of social engagements and social conversations including retweets, mentions and replies of tweets related to the subject of ‘Industrial IoT’. Right Relevance (RR) provides curated information and intelligence on ~50 thousand topics. Additionally, Right Relevance provides an Insights offering that combines the above ... Read More
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The 7 Myths of AI

The 7 Myths of AI | 7wData | Scoop.it
If you’re a business executive (rather than a data scientist or machine learning expert), you’ve probably been exposed to the mainstream media coverage of artificial intelligence or AI.  You’ve seen articles in The Economist and Vanity Fair, you’ve seen emotional stories about Tesla Autopilot and the threat of AI to mankind by such luminaries as Stephen Hawking, and you might even have seen Dilbert make jokes about Artificial Intelligence ... Read More
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A long road ahead for Direct & Digital Marketing under the General Data Protection Regulation (GDPR)

A long road ahead for Direct & Digital Marketing under the General Data Protection Regulation (GDPR) | 7wData | Scoop.it
As a Data Protection Officer, one of the most common questions I am often asked by our customers and at networking events is, what are the impacts of GDPR on Marketing? Historically, the way we have obtained consent to personal information within digital and direct marketing has often been a grey area.  The Data Protection Act 1998 was predicated around the ... Read More
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5 Google Analytics Dashboards for CMO’s

5 Google Analytics Dashboards for CMO’s | 7wData | Scoop.it
Did you know that less than half(44%) of surveyed businesses can measure their paid search ROI? Measuring the impact of any digital marketing is essential, because success is “maintained,” not “achieved.”  It’s like going to the gym. You don’t stop once you’ve seen results. You have to keep going just to maintain them. Most businesses are frustrated because they don’t ... Read More
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Why Machine Learning Can Improve Customer Service

Why Machine Learning Can Improve Customer Service | 7wData | Scoop.it
AI is changing our everyday interactions. What once required a human rep can now be handled by a virtual assistant whose programming allows customer problems to be solved more quickly. A recent Venturebeat article declared, “AI chatbots are the next big shift in customer service.” Those of us of a certain generation expect to wait on a line or on ... Read More
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Open Source in Business Intelligence

‘Open source’ has been the buzzword in almost all aspects concerning enterprises, ranging from operating systems to storage. It has spread its tentacles to include even business intelligence and analytics, which is testified the popularity of Hadoop and Spark. The expansion pace of the open source market raises a very basic question on the future of proprietary software for analytics—such ... Read More
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Without A Data-Driven Culture, You Are Throwing Money Away And Wasting Your Team’s Time

Without A Data-Driven Culture, You Are Throwing Money Away And Wasting Your Team’s Time | 7wData | Scoop.it
The oil and gas analytics market is expected to rise at a CAGR of 19.3% during 2016–2024, according to Transparency Market Research (TMR), with smart sensors and big data being used to manage risks, cut costs by increasing efficiency, and increase revenues. There has also been a great deal of talk about how data will also drive automation in the the sector. ... Read More
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Why are GPUs necessary for training Deep Learning models?

Why are GPUs necessary for training Deep Learning models? | 7wData | Scoop.it
Most of you would have heard exciting stuff happening using deep learning. You would have also heard that Deep Learning requires a lot of hardware. I have seen people training a simple deep learning model for days on their laptops (typically without GPUs) which leads to an impression that Deep Learning requires big systems to run execute. However, this is only ... Read More
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5 ways companies should use AI

5 ways companies should use AI | 7wData | Scoop.it
Artificial intelligence (AI) was once a topic reserved for high-level computer scientists and futurists. Today, it doesn’t come with such daunting baggage. Developments in the field have made AI accessible to just about everyone. AI subfields such as machine learning and natural language processing have even become buzzwords that we now constantly hear and read about in the news. And according ... Read More
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Developing a data ethics framework in the age of AI

Developing a data ethics framework in the age of AI | 7wData | Scoop.it
Tom is online editor. He studied English Literature and History at Sussex University before gaining a Masters in Newspaper Journalism from City University. He’s particularly interested in the public sector and the ethical implications of emerging technologies. Data ethics has exploded into mainstream consciousness in recent weeks, with media coverage of terrorism advertising on YouTube, Cambridge Analytica using Facebook posts ... Read More
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Every City Wants to Be Innovative. How Can They Get There?

Every City Wants to Be Innovative. How Can They Get There? | 7wData | Scoop.it
Word from down under: Cities need to get smarter about data, younger people need to lead the charge, and the U.S. is not exactly out front on this stuff. When Nokia released a detailed analysis on civic tech in the southern hemisphere, titled A new world of cities and the future of Australia — which gives a thorough accounting of ... Read More
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Hiring a Chief Data Scientist

Hiring a Chief Data Scientist | 7wData | Scoop.it
A number of my mid-sized European clients recently have asked me to help them scope and recruit for the role of Chief Data Scientist (also scoped as ‘Head of Data Science’, ‘Lead Data Scientist’, ‘Head of Analytics’, etc.).     This lead data science role is typically opened by the client company for one of two reasons:   It’s often the ... Read More
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