The petrochemical industry might not be the first to come to mind when you think about massive data stores, but there’s a lot of geographic and geologic data constantly being collected by the likes of Chevron and BP, which means …
The recent emphasis on data science that has swept over almost every industry has resulted in a lot of fascinating insights and stories being uncovered. The companies that are signing the big paychecks that data scientists are cashing in on …
Is the world of data science expanding so quickly that colleges and universities are concocting new degree programs just to keep up? If you ask the University of Oregon (UO), the answer is unequivocally “yes!” UO has recently submitted a …
As financial firms compete with Silicon Valley for a limited supply of data scientists, the $38 billion hedge fund Two Sigma came up with a novel way to attract such talent: offering $100,000 in prize money along with a chance …
Defining a good prediction problem is a critical step before starting the label-segment-feature process of big data analysis, since this process can take 6-8 months to complete. Data scientists and domain experts typically spend a couple months defining prediction problems …
With data analysis being the key to assessing scientific validity, low probability values (or p-values) continue to be the gold standard for determining the quality of research results. Should this be the case, however? Christie Aschwanden summarized this quandary in …
As most startups already know, being accepted into a business accelerator program can often mean the difference between the potential to succeed and the likelihood of failure. Business accelerators basically work like this: a group of investors pool their collective …
Most anyone venturing into the fast-expanding field of data science quickly notices a striking trend in the workforce: there is a desperate and growing need for experienced data scientists, which continues to inflate salary offers. Salary aggregate figures published on …
From May 20-22 data scientists and students from all over the world flooded into the Boston Convention & Exhibition Center in Massachusetts to attend the Open Data Science Conference (ODSC) event. ODSC promoted the conference as an attempt “to help …