Posts

Showing posts from September, 2024

Benchmarking !

Image
Benchmarking is the process of comparing a company's performance metrics to industry standards or best practices from other organizations. It helps identify areas for improvement, set performance goals, and implement effective strategies. There are several types of benchmarking: Internal Benchmarking : Comparing performance within different departments or units of the same organization. Competitive Benchmarking : Comparing with direct competitors to understand market position. Functional Benchmarking : Comparing with organizations from different industries that have similar functions. Generic Benchmarking : Looking at processes or practices that are considered best in class, regardless of the industry. The benchmarking process typically involves: Identifying Objectives : Defining what you want to achieve through benchmarking. Selecting Metrics : Choosing the specific performance indicators to compare. Collecting Data : Gathering information from internal sources and external benc...

Big Data !

Image
Regulatory Changes : Many countries are tightening regulations around data privacy and protection, impacting how organizations manage and govern their data . The EU's GDPR and California's CCPA continue to influence global standards. AI and Data Governance : As organizations increasingly adopt AI, the need for robust data governance frameworks to ensure ethical and responsible use of data has become critical. Companies are focusing on transparency, bias mitigation, and compliance. Data Fabric Architecture : Organizations are adopting data fabric architectures to streamline data governance processes. This approach integrates various data source s and provides a unified view, making it easier to enforce governance policies. Cloud Data Governance : With more data moving to the cloud, organizations are prioritizing cloud-specific governance strategies to manage data security, compliance, and access control effectively. Collaboration Tools : Companies are investing in collabora...

technology innovation !

Image
  Technology innovation refers to the process of developing new t echnologies or improving existing ones to create better products, services, or processes. It plays a crucial role in driving economic growth, enhancing efficiency, and addressing societal challenges. Key areas of innovation include: Artificial Intelligence (AI) : Advancements in machine learning and natural language processing are transforming industries from healthcare to finance. Blockchain : This technology is revolutionizing secure transactions and data management, particularly in finance and supply chain. Renewable Energy : Innovations in solar, wind, and energy storage technologies are making sustainable energy more accessible and efficient. Biotechnology : Advances in genetic engineering and pharmaceuticals are improving health outcomes and agricultural productivity. Internet of Things (IoT) : Connecting devices to the internet is enabling smarte r homes, cities, and industries, enhancing efficiency and d...

international awards !

Image
  Nobel Prizes 2023 The Nobel Prizes will soon announce their laureates for 2023. Expectations are high for groundbreaking contributions in categories such as Peace, Literature, and Medicine. Keep an eye on the announcements in October! Academy Awards (Oscars) 2024 As the Oscars approach, discussions around potential nominees are heating up. Films from diverse genres and countries are vying for recognition, with a particular spotlight on international films making waves in mainstream cinema. Cannes Film Festival Highlights The 2023 Cannes Film Festival showcased an impressive array of international films . Notably, the Palme d'Or was awarded to a groundbreaking film from a first-time director, generating buzz for future releases. Grammy Awards 2024 The Grammy nominations are set to be revealed soon, with speculation about artists who have made significant impacts in various genres, including emerging global talents . UNESCO World Heritage Sites Recently, several new sites were a...

Marketers Are Excited About GenAI, But Foggy On Business Impact !

Image
  Generative AI is being heavily used in marketing efforts, with 75% of marketers currently using it in their day-to-day work. However, 90% of CMOs admit they don’t fully understand how the technology will impact their business processes, according to a new global study from SAS and Coleman Parkes Research . Marketers are leaders in Gen AI adoption , with 63% using the technology for tasks such as copywriting, editing, and content creation. The study found that 90% of marketers are investing in Gen AI in 2025, with the majority hoping to use the technology to save time and costs, improve risk management and compliance, or more efficiently process large data sets. While these companies are embracing popular Gen AI functions like generating copy and interacting with customers, few are delving into its more sophisticated capabilities. Less than 20% of respondents have used the technology for audience targeting or building, mapping customer journeys, or price optimization. It isn't s...

AnyChart Named Best in Data Analytics and Visualization !

Image
AnyChart, the world’s leader in cross-platform data visualization , has won a 2023 DEVIES Award for its versatile JavaScript charting library named best in the Data Analytics & Visualization category. (https://www.anychart.com) The DEVIES Awards (https://www.developerweek.com/awards), hosted by DeveloperWeek, are the definitive annual awards for the software industry, recognizing outstanding design, engineering, and innovation in developer technology. AnyChart JS Charts lie in the foundation of numerous data analytic s and BI systems, operating data visualization for over 75% of Fortune 500 companies across all industries and over half of the top 1000 software vendors globally. As a most recent public example of successful integration, Qlik’s flagship Qlik Sense now has multiple new AnyChart-based capabilities, including a decomposition tree (previously available in Power BI only) and advanced combo charting techniques released last month in dedicated Qlik extensions (https://ql...

Medical Genetics Research !

Image
Medical genetics research focuses on understanding the genetic basis of diseases and developing new approaches for diagnosis, treatment, and prevention. This field encompasses several key areas: Genetic Disorders : Investigating hereditary conditions like cystic fibrosis, sickle cell anemia, and muscular dystrophy to understand their genetic causes and develop targeted therapies. Genomic Medicine : Using whole-genome sequencing and other genomic technologies to identify mutations associated with diseases. This includes personalized medicine, where treatment is tailored based on an individual's genetic profile . Cancer Genetics : Studying the genetic mutations that lead to various cancers, including inherited syndromes like BRCA mutations. This research aids in developing targeted therapies and screening strategies. Pharmacogenomics : Exploring how genetic variations affect individual responses to medications, aiming to optimize drug therapies for better efficacy and reduced sid...

Time Series Forecasting: A Practical Guide to Exploratory Data Analysis !

Image
  Introduction Time series analysis certainly represents one of the most widespread topics in the field of data science and machine learning: whether predicting financial events, energy consumption, product sales or stock market trends, this field has always been of great interest to businesses. Obviously, the great increase in data availability, combined with the constant progress in machine learning models, has made this topic even more interesting today. Alongside traditional forecasting methods derived from statistics (e.g. regressive models, ARIMA models, exponential smoothing), techniques relating to machine learning (e.g. tree-based models) and deep learning (e.g. LSTM Networks, CNNs, Transformer-based Models) have emerged for some time now. Despite the huge differences between these techniques , there is a preliminary step that must be done, no matter what the model is: Exploratory Data Analysis. In statistics, Exploratory Data Analysis (EDA) is a discipline consisting ...

The naturalist perspective of the human being: A critique from the phenomenological perspective !

Image
The remarkable advances in the fields of science and technology during the last few decades are strongly influencing the way we human beings perceive ourselves. A more integrated, humanist perspective is giving way to a mechanist, naturalist perspective . With the tendency to reduce everything that exists to data or information in the present digital age, the human being too is considered by some as nothing more than a complex biological machine , having reached this stage through merely accidental evolutionary pathways. A related viewpoint is that the human mind is seen as a highly sophisticated computer whose programming software will be fully known in the near future through research in the cognitive sciences. Though, on the one hand, many intellectuals , including scientists and philosophers , do not agree with the naturalist perspective, on the other, there are a sizable number who are convinced about the truth of this perspective. Moreover, this perspective of the human b...

biostatistics !

Image
  Biostatistics is a branch of statistics that focuses on the application of statistical methods to the fields of biology, medicine, and public health. It encompasses the design, analysis, and interpretation of data from biological experiments and health-related studies. Here are some key aspects of biostatistics : Key Aspects Study Design : Biostatisticians help plan studies, including clinical trials, surveys, and observational studies, ensuring they are statistically sound and capable of yielding reliable results. Data Analysis : They analyze data using various statistical techniques to draw meaningful conclusions, identify trends, and test hypotheses. Statistical Modeling : Biostatistics often involves creating models to predict outcomes or understand relationships between variables, such as the effect of a treatment on health outcomes. Public Health : Biostatistics is crucial in assessing public health interventions, understanding disease outbreaks, and analyzing health tren...

Introducing Google's new Academic Research Awards !

Image
On June 27, 2024, Google will open applications for the new Google Academic Research Awards (GARA) program. GARA aims to support groundbreaking foundational and applied research in computing and technology around the world. Each funding cycle, Google will identify key research areas and invite proposals from academics who are advising students and conducting research in a variety of technologically-focused domains that have societal implications. Selected projects will receive unrestricted gifts up to $150,000 USD, enabling researchers to pursue their innovative ideas and contribute to challenges and opportunities that will benefit the scientific community and society. In addition to receiving funding, recipients have the opportunity to join a community of practice, and are paired with a Google research sponsor who provides long-term support, mentorship, and acts as a liaison to Google's broader research community. This collaborative approach fosters deeper connections betwe...

Analytics needs data lakes – but they will also disappoint us !

Image
Peod to analytics because they love using powerful tools to find patterns in data Sadly, when they get on the job, they do not spend much time doing anything like data science . Instead, they spend the bulk of their time organizing and cleaning data to get it in a form where they can do at least a little analysis. This is often referred to as “ data wrangling .” Data lakes One way to avoid spending so much time doing data wrangling is to routinely collect any relevant data in a manner that it is easier to analyze. Historically, the tool to do this was called a data warehouse – which aimed to get data from various systems cleanly organized in one place. A newer approach, however, is to build what is called a “ data lake .” A data lake comprises a central location that holds a large amount of data in its native, raw format. It differs from a hierarchical data warehouse , which stores data in files or folders. Compared to a data warehouse , a data lake approach is typically regarded a...

Global Medical Imaging Informatics Market accelerated by Cloud and AI !

Image
  Frost & Sullivan’s recent analysis finds that the emergence of new technologies such as artificial intelligence (AI) and the cloud, evolving clinical and administrative/operational needs, and the introduction of new policies and regulations will boost the global medical imaging informatics market. This market—which comprises radiology IT solutions, ancillary IT solutions, other departmental IT solutions such as cardiovascular information systems , and enterprise imaging IT solutions—is estimated to hit $10.4 billion by 2025 from $8.5 billion in 2019, registering a compound annual growth rate (CAGR) of 3.5%. However, with the impact of COVID-19, the market will experience a slowdown in 2021 as hospitals delay investments in capital purchases and divert most funding to COVID-19 care. Still, it will bounce back in 2022 with higher growth rates due to the pent-up demand for IT purchases over the past two years. “ Medical imaging informatics is poised to play a central role in t...

data exploration !

Image
Data exploration is a crucial step in data analysis and involves examining and understanding datasets to uncover patterns, trends, and insights. Here’s a structured approach to data exploration: Data Collection and Preparation : Data Acquisition : Gather data from various sources (databases, files, APIs, etc.). Data Cleaning : Handle missing values, outliers, and inconsistencies. Standardize formats and correct errors. Data Integration : Combine data from different sources if needed. Descriptive Statistics : Summary Statistics : Compute measures such as mean, median, mode, standard deviation, and range to get a sense of the central tendency and dispersion. Frequency Distributions : Examine how often each value or range of values occurs. Data Visualization : Histograms : Visualize the distribution of numerical data. Box Plots : Identify outliers and visualize the spread of data. Scatter Plots : Explore relationships between two numerical variables. Bar Charts and Pie Charts : Compare c...

Aspirnaut scientific symposium set for Friday, July 14 !

Image
  The Vanderbilt University Medical Center community is invited to attend a scientific symposium on Friday, July 14, presented by high school participants in the Aspirnaut K-20 STEM pipeline for diversity and wellness. Now in its 16th year, the pipeline offers a summer research program at Vanderbilt primarily for rural and diverse high school and undergraduate students. Since 2009, 334 students from 34 states have participated in the program, funded largely by donations and grants. More than 200 program alumni have college degrees (83 are still in college), 51 have graduated from medical school , 28 have earned a PhD and seven have dual MD/PhD degrees. Another 75 students have completed master’s degrees or directly entered the STEM (science , technology , engineering, or mathematics) workforce. “Aspirnaut provides students with the experience and skills to access and persist in STEM studies,” said Aspirnaut executive director Julie Hudson, MD, VUMC Vice President for Medical Cent...

GenAI could illuminate decades worth of dark data !

Image
GenAI is transforming the way organizations manage and utilize unstructured data Unstructured data , including documents, photos and videos, is plentiful but difficult to harness While GenAI offers powerful tools for extracting and utilizing this data, experts emphasize the need for strong data governance Generative AI (GenAI) is revolutionizing how organizations manage and use their unstructured data, a resource that has long been abundant yet difficult to harness. But without a clear strategy, they could be opening Pandora's box. Structured data includes your standard tables, Excel sheets and databases, while unstructured data spans everything from old emails, PDFs, purchase orders and invoices to training manuals and repair guides, noted Steward Bond, VP of data intelligence and integration software at IDC. This data has often become invisible thanks to a lack of proper management, sitting unused on hard drives or in cloud storage. “Where I think there is tremendous opportu...

Researchers design a national testing facility to simulate tornadoes, downbursts and gusts; Experiments will help them engineer buildings that can stand up to extreme winds !

Image
AMES, Iowa – The foundation of a house remains, the basement ripped open and exposed, with the rest of the house blown away. A brick-veneered bank building partially caved in. A collapsed high school gym. Gravestones knocked over. Debris piercing a building. Partha Sarkar kept hitting next, scrolling through the photo evidence of the destruction he gathered and assessed the day after an EF5 tornado ripped through Parkersburg on May 25, 2008 . Parkersburg tornado damage, May 2008. Then Sarkar, professor and interim chair of aerospace engineering at Iowa State University, opened a photo showing a house located on the edge of the tornado’s path. It was damaged, but still standing, shingles gone, but the roof structure mostly intact. Sarkar’s engineering studies , based on small-scale models of structures tested in wind tunnels, are designed to produce more of that – structures that stand up to extreme windstorms, protecting lives and property. Now those studies, spanning his entire acade...