12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Artificial intelligence (AI) will play an essential role in supporting business success in the future. Companies can use AI to automate and optimize many business processes. These include automated forecasting, analyzing big data, and developing personalized customer experiences. AI will also help companies become more efficient in decision-making by making decisions based on data collected through machine learning. By leveraging AI, companies can reduce costs, increase productivity, open up new opportunities, and drive business success.
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A data analyst is a person who evaluates large data sets to gain insightful information and understand how organizations and businesses can make better decisions. They use a variety of analytical methods, including statistical modeling, machine learning, and data mining, to gain these insights.
12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Spark ML is a collection of machine learning algorithms implemented in Apache Spark, an open source framework for Big Data analytics. Spark ML is a robust library that provides a number of different machine learning algorithms, including linear regression, logistic regression, decision trees, artificial neural networks, clustering, and more. The library provides a set of features that allow users to create and train machine learning models very quickly and accurately. Spark ML can also be used for visual analysis of machine learning models.
12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Spark is an open source software for processing Big Data. It can run in a cluster or on a single computer and offers a wide range of features such as streaming, machine learning and SQL. Spark allows users to process and analyze data on a single platform, increasing productivity and processing speed. It is one of the most powerful and flexible processing platforms for Big Data.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Industry 4.0 is a concept that describes the digital transformation of industry. It refers to the fourth industrial revolution, in which machines, production facilities and devices are networked to exchange data and automate production. It builds on the previous industrial revolution and uses advanced technologies such as artificial intelligence, machine learning, the Internet of Things and robotics. Industry 4.0 can help increase productivity, optimize processes and accelerate innovation.