Modern companies produce gigantic amounts of data. Later it becomes a part of their machine learning datasets. Those are further used to build models that aim to solve various problems business may face, and make it more profitable, customer-oriented and, of course, data-driven. Machine Learning depends heavily on data, that makes algorithm training possible. Regardless…
Digital Transformation Definition Digital transformation has been a big topic for a few years now, and it has many definitions. From a business perspective, digital transformation is about leveraging digital technologies to improve processes, competencies, and business models. It is also about changing the culture of the company because it requires letting go of old…
Investigating company data for insights is a well known and widely adopted practice. However, using predictive analytics and machine learning is the next frontier in data analysis. The ability to predict future outcomes is what sets predictive analytics apart from other analytics used today, such as descriptive analytics, which gives answer to the question “what…
Machine Learning Canvas is a template for designing and documenting machine learning systems. It has an advantage over a simple text document because the canvas addresses the key components of a machine learning system with simple blocks that are arranged based on their relevance to each other. This tool has become popular because it simplifies the visualization of a complex project and helps to start a structured conversation about it.