Systems | Development | Analytics | API | Testing

Data is produced and consumed at volumes and speeds which were unimaginable just a decade ago.Top players have taken advantage of this growth. Tapping into data resources for actionable insights - aptly called the new oil - makes data-driven companies dominate their competition. But the proliferation of data can lead to growing pains. Companies find themselves increasingly incapacitated by the vast and messy nature of their in-house data.

Building machine learning (ML) and deep learning (DL) models obviously require plenty of data as a training-set and a test-set on which the model is tested against and evaluated. Best practices related to the setup of train-sets and test-sets have evolved in academic circles, however, within the context of applied data science, organizations need to take into consideration a very different set of requirements and goals. Ultimately, any model that a company builds aims to address a business problem.

Most blogs in my history are very focused on Industry 4.0’s digital transformation of the manufacturing industry, which in itself is pretty remarkable. By 2025, Industry 4.0 is expected to generate greater than $11 trillion in economic value as connected manufacturing processes, operations and their supply chains become more streamlined, efficient, agile and realize improved productivity, improved uptime and product quality.

Since becoming Databox customers, Knowmad is able to set big picture goals for their clients and have more time to focus on building long-term client relationships.

There is an undeniable truth that nobody can unsee: 2020 accelerated the digitalization of the world like no other time in the past. Individuals shifted en masse to interact, shop, play, learn, and even go to the doctor online. On the same note, organizations migrated internal and customer-facing operations to a digital realm, regardless of their size, location, or goals.

“We’ve seen two years’ worth of digital transformation in two months” said Microsoft’s Satya Nadella. Due to COVID-19, digital transformation roadmaps have been deleted, redrafted, doubled down and accelerated by up to a decade. Traditional companies are moving by osmosis towards streaming technologies such as Apache Kafka to kick off new digital services. But how much should it cost to experience 2030 in 2021?

For public and private entities, data collection is a way of life. That fact has led to the proliferation of common regulations to protect consumers and individuals from unacceptable use or storage of their private data. But it's not just data collection laws companies have to adhere to. There are many US-based and international statutes that put constraints on how they do business. What follows summarizes the most common regulations and how they can affect the work you do, day to day.