Understanding Fractional Data Analyst Consultancy Fractional data analyst consultancy is a unique and cost-effective approach to data analysis. Instead of maintaining an in-house team of data analysts, businesses hire external consultants on a fractional basis. This means that the consultant works with a company for a fraction of their time, thus reducing the overall cost […]
Tag: Big Data
AI-Generated Synthetic Data
Introduction to Artificial Intelligence and Synthetic Data Artificial Intelligence (AI), considered one of the most transformative tech evolutions of our times, has been steering considerable advancements in multiple sectors, including synthetic data. The forward march of synthetic data, a burgeoning field in data science, has seen rapid evolvement. This unique form of data does not […]
AI Models as a Service (AIMaaS)
What are AI Models as a Service (AIMaaS)? AIMaaS is a digital portal based in the cloud that enables data scientists, developers, and other tech professionals to gain immediate and trouble-free access to many AI models and services. This service eliminates the need for users to dedicate significant resources and efforts to creating and developing […]
User-in-the-loop AI and its Transformation Potential
Unveiling User-in-the-loop AI Artificial intelligence (AI) is an ever-evolving technological field that continuously drives several innovations, among which User-in-the-loop AI (UITL) takes the spotlight for its revolutionary approach. UITL deftly combines human cognitive abilities with machine learning, creating a symbiotic relationship between humans and AI systems. This intricate and fascinating form of artificial intelligence bridges […]
Digital Transformation and Tech Predictions for 2024
AI’s Evolution: From Fiction to Reality As 2024 approaches, artificial intelligence (AI) has transformed from a figment of science fiction into a dynamic force driving digital transformation. This evolution of AI is nothing short of remarkable. Initially mimicking basic human intelligence, AI systems have now reached a stage where they are not only emulating but, […]
The Digital Transformation of Education in 2023
The Surge in Digital Education Platforms 2023 has marked a significant milestone in the adoption of digital education platforms. Since 2020, there has been a 32.07% increase in the use of these platforms globally. This surge reflects a fundamental shift in educational paradigms driven by the need for more accessible and flexible learning options. In […]
Why Data Quality Matters
The Crucial Role of Data Quality in Digital Transformation Data quality has become a cornerstone of successful digital transformation as the world moves towards an increasingly digital future. Data quality refers to data condition based on accuracy, completeness, reliability, and relevance. In the context of digital transformation, it acts as the bedrock upon which businesses […]
Information Asset Registers for Businesses
Introduction to Information Asset Registers An Information Asset Register (IAR) is a comprehensive inventory that lists and categorises a company’s valuable data. This can range from customer details, intellectual property, product designs, to board minutes and more. But what makes these registers so crucial? Chris Hall, in his article, emphasises the theoretical possibility of printing […]
Digital Transformation Statistics (2021-2023)
Introduction to Digital Transformation Digital transformation isn’t just a buzzword; it’s a fundamental shift in how businesses operate and deliver value to their customers. With rapid technological advancements, companies are now leveraging digital processes and tools to optimise operations, enhance customer experiences, and drive innovation. This transformation is not just about technology; it’s about changing […]
Workforce Analytics in Transformation
Introduction to Workforce Analytics Workforce Analytics, at its core, is the application of data analysis techniques to employee-related data, allowing businesses to optimise their human resources. It’s not just about numbers; it’s about understanding the story behind those numbers and using that knowledge to drive organisational success. In today’s competitive business environment, making decisions based […]