data analytics

RMIT University and NICTA collaborate to open a new data analytics lab in Melbourne

The Royal Melbourne Institute of Technology (RMIT), in collaboration with NICTA (National ICT Australia) have announced the opening of a joint data analytics lab in Victoria. The lab will be based at RMIT University’s School of Computer Science & Information (CSIT) in Melbourne. NICTA is Australia’s largest ICT organisation, and its Machine Learning Research Group has been independently rated amongst the top five groups of its kind in the world. In a collaboration valued at over A$1 million, NICTA will combine its expertise with RMIT University’s CSIT, which is widely recognised as a leader in data and information management.




data analytics

Determinants of the Intention to Use Big Data Analytics in Banks and Insurance Companies: The Moderating Role of Managerial Support

Aim/Purpose: The aim of this research paper is to suggest a comprehensive model that incorporates the technology acceptance model with the task-technology fit model, information quality, security, trust, and managerial support to investigate the intended usage of big data analytics (BDA) in banks and insurance companies. Background: The emergence of the concept of “big data,” prompted by the widespread use of connected devices and social media, has been pointed out by many professionals and financial institutions in particular, which makes it necessary to assess the determinants that have an impact on behavioral intention to use big data analytics in banks and insurance companies. Methodology: The integrated model was empirically assessed using self-administered questionnaires from 181 prospective big data analytics users in Moroccan banks and insurance firms and examined using partial least square (PLS) structural equation modeling. The results cover sample characteristics, an analysis of the validity and reliability of measurement models’ variables, an evaluation of the proposed hypotheses, and a discussion of the findings. Contribution: The paper makes a noteworthy contribution to the BDA adoption literature within the finance sector. It stands out by ingeniously amalgamating the Technology Acceptance Model (TAM) with Task-Technology Fit (TTF) while underscoring the critical significance of information quality, trust, and managerial support, due to their profound relevance and importance in the finance domain. Thus showing BDA has potential applications beyond the finance sector. Findings: The findings showed that TTF and trust’s impact on the intention to use is considerable. Information quality positively impacted perceived usefulness and ease of use, which in turn affected the intention to use. Moreover, managerial support moderates the correlation between perceived usefulness and the intention to use, whereas security did not affect the intention to use and managerial support did not moderate the influence of perceived ease of use. Recommendations for Practitioners: The results suggest that financial institutions can improve their adoption decisions for big data analytics (BDA) by understanding how users perceive it. Users are predisposed to use BDA if they presume it fits well with their tasks and is easy to use. The research also emphasizes the importance of relevant information quality, managerial support, and collaboration across departments to fully leverage the potential of BDA. Recommendation for Researchers: Further study may be done on other business sectors to confirm its generalizability and the same research design can be employed to assess BDA adoption in organizations that are in the advanced stage of big data utilization. Impact on Society: The study’s findings can enable stakeholders of financial institutions that are at the primary stage of big data exploitation to understand how users perceive BDA technologies and the way their perception can influence their intention toward their use. Future Research: Future research is expected to conduct a comparison of the moderating effect of managerial support on users with technical expertise versus those without; in addition, international studies across developed countries are required to build a solid understanding of users’ perceptions towards BDA.




data analytics

A Study of Online Exams Procrastination Using Data Analytics Techniques




data analytics

Data analytics is shaping the future of banking

Banks invest in data analytics and AI technologies to enhance customer experience, optimize decision-making, and prevent financial fraud. They focus on platform models, identity analytics, and fraud detection to improve services and security, aiming to capture the customer's financial journey for insights into their buying process.




data analytics

Data analytics firm Palantir jumps as AI boom powers robust software adoption

The company is among the biggest stock market winners of the generative AI boom, with its shares more than doubling in value this year.




data analytics

How Flipkart leverages data analytics to create e-commerce strategies

In an interview with ETCIO, Ravi Vijayaraghavan, SVP & Chief Data & Analytics Officer, Flipkart shares how the homegrown e-commerce giant leverages data science to drive customer experience and seller profitability.




data analytics

iUrban Teen Launches a Gateway to Sports and Data Analytics for Girls

New Career Pathways for Girls




data analytics

Marquis Who's Who Honors Ravikiran Dharmavaram for Expertise in Data Analytics

Ravikiran Dharmavaram is an expert in data and analytics usage with more than 25 years of industry experience




data analytics

Ethel Anderson, MBA, Celebrated for Excellence in the Field of Data Analytics

Ethel Anderson, MBA, serves as the global strategic account director at Nexus Cognitive Technology




data analytics

Marquis Who's Who Honors Taalib Sheldon alSalaam for Expertise in Data Analytics and Operational Leadership

Taalib Sheldon alSalaam is lauded as a health insurance process and analytics lead at Booz Allen Hamilton




data analytics

Savvy Coders Offers New Data Analytics + Python Course

Enrolling Now-Students Can Learn The Basics of Business Intelligence To Pursue New Careers Or Elevate Their Skill Sets




data analytics

Joshua K. Dariya Recognized for Expertise in Data Architecture and Data Analytics

Joshua K. Dariya is the senior director of data architecture at Quility Insurance




data analytics

Data Analytics Is an Essential Step in Current Utility Operations

Data Analytics Is an Essential Step in Current Utility Operations hsauer Wed, 11/16/2022 - 09:47

Data Analytics Is an Essential Step in Current Utility Operations

Virtually every industry is becoming increasingly data-driven to keep up with today’s fast-paced business landscape. Big data solutions are essential for modern companies, as they help streamline operations, boost productivity and meet the bottom line.

The utility industry is undergoing a major overhaul in terms of digitization. Companies understand they must evolve in the era of big data, which involves adopting new technologies, updating operational processes and keeping up with ever-changing demands. As data analytics becomes more prevalent in utility operations, it will play a vital role in this industry’s growth and can offer important benefits.

Itron, which offers solutions for energy and water resource management, released a 2022 report analyzing how utility companies and cities were leveraging data analytics solutions. It discusses key findings from surveys of 600 utility executives and 600 informed customers from five countries, including the United States, Spain, India, the United Kingdom and Australia.

Itron’s report suggests that more than 9 out of 10 survey participants agree that leveraging real-time data analytics insights is very important. Disruptors in the industry are evolving, requiring the latest solutions to keep up and improve C-suite decision-making. For instance, electric companies handling pole inspections and inventories are notoriously siloed, meaning departments often neglect the company’s data needs, according to a March 2022 report from utility software provider Ike. Pole inspection and inventory data must be reformatted to prepare it for new data analytics.

This is only one example, but consider the other types of utilities and how many departments could benefit from a more comprehensive data management and analytics solution. Utility executives know that harnessing the power of data for analysis is something they must adapt to in the next few years.

Itron’s report also suggests that personalized utility insights for customers could be a major trend in the industry going forward. Companies that offer customers the ability to gain insight into their energy and water systems enable them to make better decisions regarding their bills and energy consumption. The report even suggests people are willing to pay more if providers offer personalized insights.

Eco-friendly consumers can also choose new electrical, water or heating and cooling systems to improve energy-efficiency and create a more environmentally friendly home or business.

Data analytics can also benefit utilities in terms of cybersecurity. Utilities are not immune from cyberattacks—in fact, the energy and utility sector is a major target for cybercrime, according to a July 2022 article in IIOT Power.

It’s no surprise that threat actors target these companies as more tech emerges in the field. They see an expanded attack surface and an increased likelihood of making a significant profit from attacking critical infrastructure. Any utility company must therefore understand the importance of cybersecurity as analytics becomes ubiquitous. These solutions must have various preventive security measures to be used effectively, whether water or electric utility data analytics.

According to the report, in the next five years, utilities will leverage data analytics capabilities, particularly those with compatible edge intelligence devices. The industrial internet of things and other advanced analytics devices will play a crucial role in effective analytics.

Leveraging tech investments equipped with edge computing technologies is a no-brainer for utilities. They can collect massive amounts of operational data while decreasing latency, ultimately speeding up decision-making processes.

Operating at the edge could have a major impact on the quality of life of utility customers due to the increasing severity of weather events. Managing extreme conditions is a challenge for utilities, but the edge is a transformational technology expected to increase efficiency and facilitate faster response times to significant events.

The report further notes that while utility companies might struggle to adopt and implement new data analytics solutions, these tools will become indispensable in the digital age.

Now is the time for leaders in the energy and utility industry to stay abreast of current trends, explore opportunities with data analytics vendors and begin the procurement process. The future of utilities will increasingly rely on data analytics solutions and the benefits they provide.

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data analytics

Why Data Professionals Choose Power BI Service for Data Analytics Needs?

Discover why you should choose Power BI Service for seamless data visualization, sharing, and collaboration. Ideal for data professionals, analysts, and teams.



  • Point of View

data analytics

HR Should Understand the Risks and Rewards of Using Data Analytics

Zev Eigen and Marko Mrkonich explore the benefits and potential risks of using data analytics to augment HR decision-making processes.

SHRM Online

View Article




data analytics

Playing the numbers game: 21st Century law will be based on math and data analytics

Zev Eigen comments on the increasing importance and role of data analytics in the legal industry.

Financial Post

View Article




data analytics

How Technology and Data Analytics are Revolutionizing Auditing — Part 2

As manufacturing and quality control becomes increasingly digital, auditing is increasingly enmeshed with technology and data analytics.




data analytics

[ X.1147 (11/18) ] - Security requirements and framework for big data analytics in mobile Internet services

Security requirements and framework for big data analytics in mobile Internet services




data analytics

Federal Executive Forum Chief Data Officers Profiles in Excellence in Government 2024: Data Analytics & Artificial Intelligence Trends

What strategies and technology are driving data strategy in government?

The post Federal Executive Forum Chief Data Officers Profiles in Excellence in Government 2024: Data Analytics & Artificial Intelligence Trends first appeared on Federal News Network.




data analytics

SAS essentials : mastering SAS for data analytics

Location: Marvin A Pomerantz Business Library- QA276.4.E423 2016




data analytics

Livestream platform Mandolin adds custom artist pages and a fan data analytics hub

Mandolin, the digital fan engagement platform, launched two new products today with the aim of assisting artists with turning fans into superfans and maximizing revenue. Fan Navigator helps artists collect fan data and teaches them how to engage fans with digital experiences. Mandolin’s Fan Pages also drive fan engagement with a page for the artist […]

© 2024 TechCrunch. All rights reserved. For personal use only.




data analytics

561: Web Perf News, Web Sommelier, Data Analytics, and Passkeys

Topics for this one include how do you learn about web performance news? Do you need a web components sommelier? Our thoughts on Syntax going to Sentry, and being able to focus on the things you want to focus on. Passkeys, Arc split screen, and vibe driven development.




data analytics

OECD Technology Foresight Forum 2012 - Harnessing data as a new source of growth: Big data analytics and policies

The 2012 Technology Foresight Forum will focus on the potential of big data analytics as a new source of growth, which could help generate significant economic and social benefits




data analytics

Big data analytics: No big money needed as most solutions go 'freemium'

Big infrastructure and cost requirements have long kept data analytics a fiefdom of large enterprises; however, the advent of cloud tech has made it possible for SMEs to use data analytics with a fraction of a cost.




data analytics

How data analytics helps brand leverage and receive a good ROI

Analytics allows firms to see the full picture that’s painted when all the data sources come together.




data analytics

GoodData assists TownNews with data analytics for media data

Tools help extract data insights to grow revenue, audience, engagement




data analytics

Boosting Cloud Data Analytics using Multi-Objective Optimization. (arXiv:2005.03314v1 [cs.DB])

Data analytics in the cloud has become an integral part of enterprise businesses. Big data analytics systems, however, still lack the ability to take user performance goals and budgetary constraints for a task, collectively referred to as task objectives, and automatically configure an analytic job to achieve these objectives. This paper presents a data analytics optimizer that can automatically determine a cluster configuration with a suitable number of cores as well as other system parameters that best meet the task objectives. At a core of our work is a principled multi-objective optimization (MOO) approach that computes a Pareto optimal set of job configurations to reveal tradeoffs between different user objectives, recommends a new job configuration that best explores such tradeoffs, and employs novel optimizations to enable such recommendations within a few seconds. We present efficient incremental algorithms based on the notion of a Progressive Frontier for realizing our MOO approach and implement them into a Spark-based prototype. Detailed experiments using benchmark workloads show that our MOO techniques provide a 2-50x speedup over existing MOO methods, while offering good coverage of the Pareto frontier. When compared to Ottertune, a state-of-the-art performance tuning system, our approach recommends configurations that yield 26\%-49\% reduction of running time of the TPCx-BB benchmark while adapting to different application preferences on multiple objectives.




data analytics

Quda: Natural Language Queries for Visual Data Analytics. (arXiv:2005.03257v1 [cs.CL])

Visualization-oriented natural language interfaces (V-NLIs) have been explored and developed in recent years. One challenge faced by V-NLIs is in the formation of effective design decisions that usually requires a deep understanding of user queries. Learning-based approaches have shown potential in V-NLIs and reached state-of-the-art performance in various NLP tasks. However, because of the lack of sufficient training samples that cater to visual data analytics, cutting-edge techniques have rarely been employed to facilitate the development of V-NLIs. We present a new dataset, called Quda, to help V-NLIs understand free-form natural language. Our dataset contains 14;035 diverse user queries annotated with 10 low-level analytic tasks that assist in the deployment of state-of-the-art techniques for parsing complex human language. We achieve this goal by first gathering seed queries with data analysts who are target users of V-NLIs. Then we employ extensive crowd force for paraphrase generation and validation. We demonstrate the usefulness of Quda in building V-NLIs by creating a prototype that makes effective design decisions for free-form user queries. We also show that Quda can be beneficial for a wide range of applications in the visualization community by analyzing the design tasks described in academic publications.




data analytics

Scala programming for big data analytics : get started with big data analytics using Apache Spark [Electronic book] / Irfan Elahi.

[New York] : Apress, [2019]




data analytics

Big Data Analytics [Electronic book] : 7th International Conference, BDA 2019, Ahmedabad, India, December 17-20, 2019, Proceedings / Sanjay Madria, Philippe Fournier-Viger, Sanjay Chaudhary, P. Krishna Reddy, editors.

Cham : Springer, 2020.




data analytics

Data Analytics for Protein Crystallization Marc L. Pusey, Ramazan Savas Aygun

Online Resource




data analytics

Big data analytics with Spark : a practitioner's guide to using Spark for large-scale data processing, machine learning, and graph analytics, and high-velocity data stream processing / Mohammed Guller

Guller, Mohammed, author




data analytics

ABDA 2016 : proceedings of the 2016 International Conference on Advances in Big Data Analytics / editors, Hamid R. Arabnia, Fernando G. Tinetti, Mary Yang

International Conference on Advances in Big Data Analytics (2016 : Las Vegas, Nevada),




data analytics

Smart meter data analytics: electricity consumer behavior modeling, aggregation, and forecasting / Yi Wang, Qixin Chen, Chongqing Kang

Online Resource




data analytics

Corrosion processes: sensing, monitoring, data analytics, prevention/protection, diagnosis/prognosis and maintenance strategies / George Vachtsevanos, K. A. Natarajan, Ravi Rajamani, Peter Sandborn, editors

Online Resource




data analytics

Mathematica Data Analytics RSS Feed




data analytics

Data analytics for drilling engineering: theory, algorithms, experiments, software / Qilong Xue

Online Resource




data analytics

Spatio-temporal graph data analytics / Venkata M. V. Gunturi, Shashi Shekhar

Online Resource




data analytics

Big data analytics for satellite image processing and remote sensing / P. Swarnalatha, VIT University, India, Prabu Sevugan, VIT University, India

Rotch Library - GA102.4.E4 B54 2018




data analytics

End-to-end Data Analytics for Product Development: A Practical Guide for Fast Consumer Goods Companies, Chemical Industry and Processing Tools Manufacturers


 

An interactive guide to the statistical tools used to solve problems during product and process innovation

End to End Data Analytics for Product Development is an accessible guide designed for practitioners in the industrial field. It offers an introduction to data analytics and the design of experiments (DoE) whilst covering the basic statistical concepts useful to an understanding of DoE. The text supports product innovation and development across



Read More...




data analytics

Big data analytics in U.S. courts: uses, challenges, and implications / Dwight Steward, Roberto Cavazos

Online Resource




data analytics

Data analytics-based demand profiling and advanced demand side management for flexible operation of sustainable power networks Jelena Ponoćko

Online Resource