Tag: Data Analytics

Deep Learning And Neural Networks

While Artificial Intelligence (AI) is about machines doing tasks that typically require human intelligence, and Machine Learning (ML) about machines learning by experience and acquiring skills without human involvement,  Deep Learning (DL) is about mimicking how the human brain works. DL, a part of ML methods based on Artificial Neural Networks (ANN or just NN),…

Read more Deep Learning And Neural Networks

K-Means Explained

K-Means, a method of vector quantization that is popular for cluster analysis in data mining, is about choosing the number of clusters, selecting the centroids (not necessarily from the dataset) at random K points, assigning each data point to the closest centroid (forming K clusters), computing and placing the new centroids of each cluster, reassigning…

Read more K-Means Explained

Data Science In Healthcare

Healthcare is a promising industry for implementing Data Science solutions. Years before the rise of IT departments in the hospitals, the patients’ data were collected and stored, and each client had an archive file describing his health history. This data is highly valuable for improving diagnosis, analyzing symptoms, and making it easier for medical professionals to…

Read more Data Science In Healthcare

Data Science In Banking

Imagine you take out several loans from different sources. A good data scientist will be able to flag you as a good target for a credit consolidation offer. Reversely, this might also work against you, highlighting your high credit risk.   Nowadays, using Data Science in Banking is a necessity, not a luxury. Either a…

Read more Data Science In Banking