Data is good. Data is vital. Data is progress. The technology to harness, process and interpret the data from our world is constantly improving. Thanks to these technological advances, today, we can dream bold of finding solutions to the most complex problems challenging us. Yet, like the Yin and the Yang, the darker side of Read more about Why Blockchain and Digital Twins Are Good Partners?[…]
The modern computers we are used to today are already garnering the tag of “classical computers”. A new kid in the block –quantum computing – is stepping out of the labs into the real world. Quantum computing is expected to unleash computing capabilities hitherto unknown to humankind. The American self-help writer Guy Finley said, “The Read more about A Quantum Leap for the Digital Twins[…]
Digital Twins is a concept, not a single product or a piece of technology. Multiple technologies—3D simulation, IOT, 4G/5G, big data, blockchain, edge computing, cloud computing and artificial intelligence —come together to make the concept a reality. The core principle is, for a physical entity or an asset, a digital equivalent in the virtual world. Read more about Digital Twins vs Simulation: Three Key Differences[…]
Wisdom of the crowd, credited to Aristotle’s theory of collective judgement, is a well-established principle. The core premise is a group of people collectively make smarter and better decisions, in comparison to the individual experts. Plenty of examples are available around us—Wikipedia, stock market, Google navigation, user rating on websites like Amazon, AirBnB and, of course, those most-dreaded business Read more about Digital Twins : The Wisdom of the Crowd[…]
“But what about scalability?” Blockchain technology awareness levels have gone up. The level of excitement is high. Peer pressure is mounting. Yet, the scalability question never fails to come up in a blockchain conversation with the enterprises. The enterprises’ fear of scalability is completely justified. The suppliers of the blockchain technology understand the bottleneck. Let’s Read more about The Scalability Conundrum of Blockchain Networks[…]
When the first humans set their foot out of Africa, the transition from an insulated to an interconnected world begun. Backed by continuous innovation, humanity moved from one dominant socio-economic state to the other— hunter-gatherers to agricultural, agricultural to industrial and industrial to the current knowledge and information-driven society. From one revolution to another, a Read more about Three Stars of the Next Technology Revolution[…]
“Tools enable, tools restrain, and tools kills” – choosing them wisely will make the difference between learning and frustration. Given the broad nature of the subject, a variety of tools – ranging from data ingestion till visualisation – are used for Analytics and Machine Learning. “Make sure that you always have the right tools for Read more about Tools to get started with the Analytics, and Machine Learning![…]
Many a times, we are overwhelmed with the size of a problem, and left confounded. A common and an effective problem-solving strategy is to “break it down” into smaller components. This breaking down, helps manage the chunks, instead of one monolithic monster. Decision trees employ similar techniques to solve prediction problems. What is a decision Read more about The (Decision) Trees leads to the (Random) Forest![…]
“Why was your recent credit card application rejected? How did your telecom service provider figure out you were unhappy? How did your friend predict your favourite team losing in the world cup?” It’s logistic regression at work. How many times have we wondered, if life could be a simple yes or no? One-day, logistic regression, Read more about Logistic Regression: The Discrete Beauty![…]
Despite the regressive tonality to the word, regression is one of the widely used techniques, in the field of Machine Learning. They are amongst the initial set of algorithms to be learnt, and widely used for prediction. Let’s find out, what’s progressive about regression. What is regression? The Free Dictionary defines regression as “A technique Read more about Regression: The Crystal Ball of Machine Learning![…]