We frequently say that data science and AI-related technologies are game-changers in many sectors and industries. Well, the banking and insurance sectors are no exceptions. In fact, without data analytics in finance, modern financial...
In short, metal fabrication is the creation of metal structures that are next used in various other industries. Is there room for intelligent solutions in this specific sector? As it turns out, yes! There are at least three significant...
In our previous blog post, we talked about artificial intelligence in the mining sector. Today, we want to dig deeper and examine what role data science plays in the modern mining industry. Shortly, we could say that it is a true backbone...
Most likely, that’s the very first time we talk about artificial intelligence in the mining industry on our blog. Therefore, we ought to start with some basics. How is AI transforming and improving this fascinating sector? Two words:...
Last time, we talked about AI in aviation. In this article, we are going to take a look at a closely related subject. Big data in aviation is also an interesting aspect of this industry. Thanks to big data, aviation companies can make...
We frequently examine how artificial intelligence (AI) is used in specific industries and sectors on our blog. Today, we want to discuss artificial intelligence in aviation. How this intelligent technology helps in building autonomous...
Data science is a fantastic career opportunity to pursue, especially since there is still a significant workforce shortage in this discipline. But what is data science all about, really? What do you need to become a successful data...
Technical leads, Project Managers and product owners can easily estimate how much time in terms of engineering, analysis and QA or money will a standard development project require. However, estimating the time of delivery and the cost...
Predictive analytics is one of the most fascinating aspects of our work and the whole machine learning discipline. These tools help us predict various situations in your company or assess the probability of a given scenario or course of...
Data science and Computer science are disciplines that seem to be similar to each other and can be easily mistaken. However, once you go into details, you will easily discover that there are significant differences between them. These...
Today, license plate detection technology is becoming more and more popular. What started with just police and speed cameras is now a common solution that allows companies and various institutions to manage parking facilities, collect...
Big data and its business impacts – it’s a subject that’s particularly interesting in 2021 when big data plays a more and more significant role in the business environment. In fact, we can even say that if your company...
We write about big data on our blog almost every month. And no wonder this discipline is critical when it comes to AI and many related technologies. The whole data science and machine learning rely on big data. However, what we have not...
Today, we want to take a closer look at how companies are using big data for marketing. The truth is, nowadays, big data and marketing are two inseparable disciplines. In fact, big data plays such an important role in marketing, and there...
The TowardsDataScience.com portal called Python one of the “top in-demand programming languages to learn”[1]. Without a doubt, it’s an accurate opinion. Python offers many significant advantages and is simply pleasant to work with. That’s...
Although these two disciplines have a lot in common, there are some significant differences between data mining and data science. What are both these disciplines all about? When do you need data science, and when do you need data mining?...
Today, there can be no marketing without data science. In fact, data science in marketing is a cornerstone for at least several types of online promotion, just to mention performance marketing and marketing analytics. In modern times,...
E-commerce is a rapidly growing sector, and the COVID-19 pandemic has only accelerated this trend. Because this sector is now so profitable, online stores are mushrooming. According to Arlington Research, 44% of consumers tried new brands...
In the modern business scenery, machine learning plays a crucial role in large e-commerce enterprises. This AI-based technology helps sellers reduce customer churn, improve personalization, and optimize marketing campaigns. However, as...
Computer vision in retail is a dynamically developing field. More and more retail and e-commerce companies utilize various computer vision solutions in order to support their customers and manage inventory. In this article, we are going...
Inventory plays a key role in every retail and e-commerce company. This aspect of running a trading business significantly influences cash flow, financial performance, and growth possibilities. That’s why more and more retail and...
In the previous post, we talked about big data in retail. This is your starting point. However, in order to achieve the maximization of profits, you need something more. In many instances, the answer is retail business intelligence. In...
Today, big data plays a crucial role in a broadly understood retail sector. Almost every large company selling products utilize this technology to achieve improved customer service, personalized customer experiences, and more efficient...
Nowadays, computer vision (CV) is essential and can be found almost everywhere. From cars (not only autonomous vehicles but in every modern car) to object detection in modern AI-fueled cameras. We can say that computer vision protects our...
Machine learning is one of our major specializations. We work with this technology and utilize various machine learning techniques every day. In this article, we want to show you some of the most popular and useful machine learning...
Machine learning is, by far, one of the prevalent AI-related technologies. Why is it so popular? In short, because it works brilliantly. Today, machine learning can be found almost everywhere, from movie recommendations on Netflix, up to...
Since the emergence of big data and data science as a necessity in the everyday life of large companies, there has been a heated discussion about the possible roles of data science vs. data engineering. It is an important issue to...
We cannot stress enough how important big data visualization really is. In fact, it’s the most straightforward way to get as much as possible from big data. Today, you have tons of data visualization tools at your disposal. In this...
In one of our previous blog posts, we talked about the most common mistakes in data science for business. One of the crucial ones was the wrong approach. We told you that every data scientist has to think about benefits first. As in every...
A few days ago, we published an article about customer churn. Today, we want to tackle a similar subject. As you already know, customer churn is a severe problem that affects almost every company. One of the best ways to curb customer...
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