Category Archives: Data Mining
Why cobalt mining has resumed in the U.S. after 30 years – Automotive News
Booming demand for batteries powering the worlds shift into electric vehicles is rekindling U.S. cobalt production after at least a 30-year hiatus.
Australia-based Jervois Global Ltd. is starting the first U.S. cobalt mine in Idaho on Friday, according to CEO Bryce Crocker. The mineral sits at the top of the table in terms of national security, said Crocker.
There arent many new sources of supply, particularly in stable jurisdictions, which is why this mine in the US is very important, he said. Cobalt hasnt been produced in the US since at least 1994, according to data from the United States Geological Survey.
Cobalt is a crucial component in EV batteries and is on the U.S. governments critical-minerals list. The U.S. sees widespread adoption of EVs as key to its efforts to combat climate change.
Both California and New York have passed laws that will ban the sale of new gasoline-powered vehicles in the coming decades. As automakers gear up to achieve ambitious electrification goals, its causing a shortage of materials needed in batteries and sparked a global rush to secure those supplies.
The level of urgency among manufacturers to secure supplies is profoundly different than it was even two or three years ago, said Crocker in an interview. Its now very elevated in terms of focus at the director and the board level, he said.
In July, General Motors and Ford Motor Co. stepped up efforts to lock in supplies by signing direct deals with producers of battery metals.
While more than two-thirds of the mined metal comes from the Democratic Republic of Congo, theres been an increasing shift among manufacturers to source cobalt from outside the African nation due to allegations of corruption, human rights abuses and the use of child labor there.
The passage of the Inflation Reduction Act also provides incentives for battery materials sourced in the U.S. EVs can qualify for a $7,500 tax credit under President Joe Bidens climate and tax bill, as long as their batteries contain minerals extracted from or processed in a country with a free trade agreement with the U.S., and providing part of the components are made or assembled in North America.
The Idaho mine is expected to produce 2,000 tons of mined cobalt a year, according to Crocker. The concentrated cobalt will then be exported and converted into refined products outside the U.S. before ultimately brought back into the U.S. to serve customers, he added.
Jervois owns a nickel and cobalt refinery in Brazil and is talking to third parties in countries such as Canada and Australia to convert the mined material. About 80 percent of global refining is concentrated in China, but capacity is growing elsewhere, including at Finlands giant Kokkola refinery, which is owned by Jervois.
Cobalt demand will grow from 127,500 tons in 2022 to 156,000 tons in 2030, as a result of the shift to iron-based batteries by major automakers, according to BloombergNEF.
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Why cobalt mining has resumed in the U.S. after 30 years - Automotive News
Enterprises take an analytics-based approach to daily operations – CIO Dive
Dive Brief:
Invoicing and payments processing arent the most high-profile business functions. But theyre the financial engine that drives everyday operations for many businesses. Along with order processing and supply chain management, theyre also areas that are overdue for an analytics overhaul.
Companies are sparing modernization investmentswhile cutting discretionary spending and trimming overall budgets. A technology solution that rationalizes business processes and yields efficiency aligns well with those goals.
Traditional process mining captures log data from IT systems, pinpoints bottlenecks and identifies points where workflows can be improved. Combining mining with process discovery, which tracks how individual users are interacting with IT systems, yields process intelligence.
It's technology that started in a weird corner of the industry, said Amaresh Tripathy, SVP and global analytics lead for professional services firm Genpact.
Cloud migration and the drive to deliver returns on modernization investments, along with advances in computer vision and data mining tools, have created opportunities for the practical application of process mining.
Half of the respondents to the survey expect impact from process intelligence technologies in the next year.
As companies implement process intelligence, they can use data to rethink policies around the way users interact with IT systems, locate areas where automation will have the most value, and optimize how people within the organization are actually using technology, Tripathy said.
Theres the idea of how processes are supposed to happen, theres what is really happening and theres the happy path of how it should happen, said Tripathy.
Adopting process intelligence requires an understanding of business metrics, ERP systems and data analytics. A mindset shift is also key.
People who think about process don't fundamentally think data first, Tripathy said. They think about process first. If you're trained in a process-first mindset, it's a little bit of a challenge to slip into a data mindset.
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Enterprises take an analytics-based approach to daily operations - CIO Dive
SNP plan new ‘data mining’ drive to collect voting intentions ahead of Indyref2 – Scottish Daily Express
The SNP is planning a major new data mining push to collect more personal details about every voter in Scotland ahead of the proposed Scexit referendum.
The Big Brother-style plans will be debated at the party conference in Aberdeen this weekend, with Nicola Sturgeon and the leadership urged to raid the party coffers for the urgent upgrades to campaign infrastructure.
Many are unaware that the SNPs dominance of Scottish politics over the past 15 years has been built on its Activate database of voting intentions.
READ MORE: Angus Robertson trip to high-tech law enforcement firm in US sparks data concerns
The bespoke software was the brainchild of chief executive Peter Murrell and campaigns chief Angus Robertson in 2005 and rolled out for the Holyrood election two years later. Based on the electoral roll, it includes voting intentions for almost every registered voter in Scotland as well as their views on Scottish independence.
However, it goes much further than that and also slots each and every voter in the database into one of 44 consumer types identified by postcode, family type, income and age.
A smartphone app linked to the SNPs HQ in Edinburgh allows canvassers on the doorsteps to feed further details directly into Activates vast brain.
For instance, if you have ever told an SNP canvasser that you are concerned about education or crime or the economy, that information will now be stored against your name. Equally, if you have ever filled in an SNP survey online your answers are likely to have been collected.
This has allowed the party to target its core vote as well as floating supporters with remarkable effectiveness, with Mr Robertson once boasting that it was miles ahead of that being used by other parties in Scotland.
A group of journalists were shown the Activate database shortly after the SNPs 2011 election landslide, with the former Westminster leader clearly keen to demonstrate its full capabilities.
The Nat technicians were able to zero in on a number of individual addresses picked at random and reveal a remarkable level of detail about the people living there.
The demonstration was cut short by former Scottish Government spin chief Kevin Pringle and few outsiders have been permitted to see Activate in action since then. Indeed, it is not known how many if any new features may have been added.
Further strides were made by the partys former new media strategist Kirk J Torrance, who set up the NationBuilder platform to scour Facebook and Twitter to discover what people were saying about the SNP.
Also in 2011, he too was boasting in the media about the ability to carry out sentiment analysis whether peoples conversations are positive or negative towards you.
A similar strategy later hit the headlines with the Facebook-Cambridge Analytica data mining scandal, which saw personal data from millions of American social media accounts collected without consent.
Now, however, the SNP is concerned that its political rivals have caught up with its extensive Activate database and its intrusive social media strategy.
READ MORE: Click here to see the SNPs conference agenda
A motion from the Glasgow Cathcart branch warns that action is needed to invest in and update our campaigning infrastructure in order to prepare for a successful independence campaign.
It adds: Conference understands that the adoption and roll-out of Activate as our core campaigning tool has contributed to making the SNP the most successful political party in Europe, but notes that in the almost two decades since then, the election battleground has changed significantlyand our political opponents have invested heavily in their own voter ID and communication tools.
The branch home of controversial backbench MSP James Dornan goes on to talk about the need to review and refresh core aspects of the system, including how we segment voters to deliver compelling messages that address each group directly.
It calls for an urgent and comprehensive review of the current set-up and for the the party to commit the necessary resources required to ensure that our activists have the most effective modern campaigning tools at their disposal.
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Nearly half of the coal industry is still on an expansion course in ‘reckless mining rush – CNBC
The burning of fossil fuels such as coal, oil and gas is the chief driver of the climate crisis.
Vcg | Visual China Group | Getty Images
Nearly half of the coal industry intends to develop new projects to exploit the world's dirtiest fossil fuel, according to German campaign group Urgewald, with many companies refusing to retire assets even as extreme weather events become worse and more frequent across the globe.
An annual update from Urgewald and 40 partner NGOs published Thursday found that 490 of the 1,064 companies on its Global Coal Exit List were pursuing new coal power plants, coal mines or new coal transport infrastructure.
It means 46% of the companies surveyed are committed to expanding despite last year's U.N. climate summit in Glasgow ending with a global agreement to "accelerate efforts towards the phasedown of unabated coal."
The research, which represents the world's most comprehensive public database on the coal industry, said less than 3% of those surveyed had announced timely coal exit dates.
"Pursuing new coal projects in the midst of a climate emergency is reckless, irresponsible behavior," said Heffa Schuecking, director of Urgewald. "Investors, banks, and insurers should ban these coal developers from their portfolios immediately."
Coal is the most carbon-intensive fossil fuel in terms of emissions and therefore the most critical target for replacement in the transition to renewable energy sources.
To be sure, the burning of fossil fuels such as coal, oil and gas is the chief driver of the climate crisis.
In just the last few months, historic floods submerged one-third of Pakistan, Europe experienced its hottest summer in 500 years and China recorded the most severe heatwave in climatic history.
At the same time, some European governments have reluctantly turned to coal to help prevent a winter supply shortage amid a dramatic fall in Russian gas flows. Moscow has throttled gas supplies amid a bitter energy stand-off provoked by the Kremlin's war in Ukraine.
Speaking ahead of the COP27 climate summit in Sharm el-Sheikh next month, U.N. Secretary-General Antonio Guterres warned, "we are in a life-or-death struggle for our own safety today and our survival tomorrow."
"This is no time for pointing fingers or twiddling thumbs. It is time for a quantum level compromise between developed and emerging economies," he added.
The NGOs report said there are currently more than 6,500 coal plant units globally with a combined capacity of 2,067 gigawatts. It says that whether humanity is able to keep global heating from surpassing the critical temperature threshold of 1.5 degrees Celsius depends "first and foremost on how quickly we phase out this enormous coal plant fleet."
The 1.5 degrees Celsius goal is the aspirational global temperature limit set in the landmark 2015 Paris Agreement. It is recognized as a crucial global target because beyond this level, so-called tipping points become more likely.
The vast majority of companies on the GCEL still have no intention of retiring the coal assets, which are propelling us towards a breakdown of our climate systems.
Heffa Schuecking
Director of Urgewald
Under the IEA's roadmap to net zero by 2050, published in May last year, the world's richest countries must retire their coal power plants by the end of the decade at the latest and by 2040 for the rest of the world.
In stark contrast to high-income countries like Italy, France and the U.K., however, the U.S. has not yet set a national phase-out date for its coal power plants.
"While the warnings issued by IPCC and UNEP become more and more dire from one UN Climate Summit to the next, our data regarding companies' transition plans remains depressingly consistent," Schuecking said.
"The vast majority of companies on the GCEL still have no intention of retiring the coal assets, which are propelling us towards a breakdown of our climate systems. A real transition requires clear and near coal exit dates."
Today, there are more than 6,500 coal plant units globally with a combined capacity of 2,067 gigawatts.
Saeed Khan | Afp | Getty Images
Urgewald's Schuecking told CNBC that since the 2015 Paris accord was signed, the global coal plant fleet had seen a net increase of roughly 157 gigawatts. That's the equivalent of Germany, Russia, Japan and Poland's coal fleet added up together.
The research found that 467 gigawatts of new coal-fired capacity were still in the pipeline worldwide. And, if realized, these projects would increase the world's current coal power capacity by 23%.
"Stopping investing in or financing coal developers, that should be a no-brainer. I just don't see how anyone can be serious about the Paris goals or be an institution that takes climate seriously if you're still involved with coal developers," Schuecking said.
China was found to be responsible for 61% of all planned coal power capacity additions and, perhaps unsurprisingly, the top four coal plant developers were found to be Chinese companies: China Huaneng Group, China Energy Investment Corporation, China Datang Corporation and China Huadian Corporation.
The report found that with 570 million metric tons, China Energy Investment Corporation was the world's top thermal coal producer last year. This was closely followed by Coal India, which produced 557 million tons of thermal coal in 2021.
Lidy Nacpil, coordinator of the Asian People's Movement on Debt and Development, a regional alliance of community organizations and NGOs, said the world welcomed Chinese President Xi Jinping's announcement last year that Beijing would stop building new coal power plants abroad.
"But China needs to adopt similar measures for its domestic energy system if it wants to become an actor for a 1.5C world," Nacpil said.
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Nearly half of the coal industry is still on an expansion course in 'reckless mining rush - CNBC
HotSpot Therapeutics to Present Preclinical Data from CBL-B Program at 2022 Society for Immunotherapy of Cancer Annual Meeting – PR Newswire
BOSTON, Oct. 5, 2022 /PRNewswire/ -- HotSpot Therapeutics, Inc., a biotechnology company pioneering the discovery and development of oral, small molecule allosteric therapies for the treatment of cancer and autoimmune diseases, today announced it will present additional preclinical data from the Company's CBL-B program in two poster presentations at the 2022 Society for Immunotherapy of Cancer (SITC) Annual Meeting, taking place in November 8-12, 2002, in Boston, MA.
Presentation details are as follows:
Title:An allosteric, orally administered CBL-B inhibitor remodels the tumor microenvironment and enhances immune-mediated tumor growth inhibitionSession Date and Time: Fri., Nov. 11, 2022, 9:00 AM-8:30 PM ETLocation:Poster Hall CAbstract Number: 424
Title:CBL-B inhibition showed differentiated effects in a mixed lymphocyte reaction versus other immuno-oncology targeted approachesSession Date and Time: Fri., Nov. 11, 2022, 9:00 AM-8:30 PM ETLocation:Poster Hall CAbstract Number: 1354
About HotSpot Therapeutics, Inc.
HotSpot Therapeutics, Inc. is pioneering a new class of allosteric drugs that target certain naturally occurring pockets on proteins called "natural hotspots." These pockets are decisive in controlling a protein's cellular function and have significant potential for new drug discovery by enabling the systematic design of potent and selective small molecules with novel pharmacology. The Company's proprietary Smart Allostery platform combines computational approaches and AI-driven data mining of large and diverse data sets to uncover hotspots with tailored pharmacology toolkits and bespoke chemistry to drive the rapid discovery of novel hotspot-targeted small molecules. Leveraging this approach, HotSpot is building a broad pipeline of novel allosteric therapies for the treatment of cancer and autoimmune diseases. To learn more, visitwww.hotspotthera.com.
Investor & Media Contact:Natalie Wildenradt[emailprotected]
SOURCE HotSpot Therapeutics
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Global Bioinformatics Market Report to 2027 – Featuring BGI, Perkin Elmer, NeoGenomics Laboratories and Illumina Among Others – ResearchAndMarkets.com…
DUBLIN--(BUSINESS WIRE)--The "Global Bioinformatics Market Report Size, Trends & Growth Opportunity, By Process, By Type, By End-use, By Region and forecast till 2027" report has been added to ResearchAndMarkets.com's offering.
The global bioinformatics market size generated $8,996.29 million in 2021, and is projected to reach $24,731.61 million by 2027, growing at a CAGR of 13.4% from 2021 to 2027.
A combination of biology and information technology, which links biological data with techniques for information storage, distribution, and analysis to support multiple areas of scientific research, including biomedicine is called as Bioinformatics.
Market Drivers
Major factors for the growth of the Bioinformatics market are increased requirement for integrated data, rise in demand for nucleic acid & protein sequencing. Moreover, growing public-private sector funding for bioinformatics drives the market growth. Also, drug discovery & development and initiatives from government & private organizations are likely to increase the market growth.
Market Restraints
Key factors that restrain the growth of the market are lack of skilled personnel, common data formats, and lack of user-friendly tools at cheaper prices. Also, high Equipment Costs is hampering the market growth.
Market Key Players
Some of the key players operating in Global Bioinformatics Market are BGI Group, Perkin Elmer, Inc., NeoGenomics Laboratories, Waters Corporation, Illumina, Inc., Agilent Technologies, Inc., QIAGEN N.V., Thermo Fisher Scientific, Inc., Eurofins Scientific.
Key Topics Covered:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Bioinformatics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Bioinformatics Market, By Product & Services
5.1 Y-o-Y Growth Comparison, By Product & Services
5.2 Bioinformatics Market Share Analysis, By Product & Services
5.3 Bioinformatics Market Size and Forecast, By Product & Services
5.3.1 Knowledge Management Tools
5.3.2 Bioinformatics Platforms
5.3.3 Bioinformatics Services
6 Bioinformatics Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Bioinformatics Market Share Analysis, By Application
6.3 Bioinformatics Market Size and Forecast, By Application
6.3.1 Genomics
6.3.2 Proteomics
6.3.3 Transcriptomics
6.3.4 Metabolomics
6.3.5 Other Applications
7 Bioinformatics Market, By Sector
7.1 Y-o-Y Growth Comparison, By Sector
7.2 Bioinformatics Market Share Analysis, By Sector
7.3 Bioinformatics Market Size and Forecast, By Sector
7.3.1 Medical Biotechnology
7.3.2 Animal Biotechnology
7.3.3 Plant Biotechnology
7.3.4 Environmental Biotechnology
7.3.5 Forensic Biotechnology
7.3.6 Other Sectors
8 Bioinformatics Market, By Region
8.1 Bioinformatics Market Share Analysis, By Region
8.2 Bioinformatics Market Share Analysis, By Region
8.3 Bioinformatics Market Size and Forecast, By Region
9 North America Bioinformatics Market Analysis and Forecast (2021-2027)
10 Europe Bioinformatics Market Analysis and Forecast (2021-2027)
11 Asia Pacific Bioinformatics Market Analysis and Forecast (2021-2027)
12 Latin America Bioinformatics Market Analysis and Forecast (2021-2027)
13 Middle East Bioinformatics Market Analysis and Forecast (2021-2027)
14 Competitive Analysis
15 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/api8oc
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Improving healthcare outcomes using NLP – INDIAai
To meet the high demand for value-based health care and comply with quality measures, healthcare organizations are increasingly switching to AI-powered solutions to interpret complex, unstructured data and generate workable intelligence. This data could be in the form of text, visual, or speech. Harnessing AI power in healthcare can open the doors to extraordinary opportunities and reinforce healthcare organizations' collective investment in human resources, capital, and time. Natural Language Processing (NLP) immensely improves healthcare outcomes by transforming various aspects of the industry, including free-text, clinical documentation, clinical trials, decision-making processes, automated reporting, and data mining research, among others.
1. Improving patient information
One area in healthcare that NLP has tremendously transformed is electronic health records (EHR). Often, information about patients, such as their medical history, current state, or medical diagnosis reports, is stored in hardcopy, unstructured data that can easily be lost, misplaced, or destroyed, resulting in data loss. Besides, filling medical records manually is quite time-consuming and ultimately leads to tedious paperwork. EHR systems solve these challenges as physicians, and other healthcare workers can access data about patients from an electronic device. NLP has completely transformed the way information is captured with the use of voice assistants and text dubbing. Some of its benefits include time-saving, more categorized data, the ability to perform searches in the system, and vacating a couple of rooms hosting paper-based health records for other medical purposes. Patients can also access their health records electronically and track their condition from their gadgets effortlessly. Results can be sent via email, saving patients time and money. Moreover, governments and insurance companies have benefited from the integration of NLP solutions in healthcare since reports are generated automatically, and necessary information is issued upon request. NLP solutions in healthcare also benefit regulatory agencies and insurance companies by automating report generation and maintaining data integrity.
For instance, Mercy Healthcare Company, an HCO running forty hospitals in the United States with over 900 physicians and 45,000 co-workers, was one of the early adopters of NLP in their EHR systems in the chain of hospitals and clinics to provide unified patient care across the continuum. A study conducted by data pundits from Data Science, Kerry Bommarito and Nick White, revealed that Mercy had gained real-world insights from the accurate data generated and tremendous reduction of document time.
2. Enabling physicians to spend sufficient time with patients
One major challenge in health care delivery is the inability of doctors to commit adequate time to patients and provide unbroken attention when serving them. Indispensable administrative roles, which include ensuring that all critical documentation is completed, are one of the major challenges that interfere with their main role or result in burnout. The introduction of Natural Language Processing in Healthcare is gradually solving this problem. NLP solutions are replacing handwriting and typing techniques with voice notes. Also, NLP tools are being used to interpret speech and accurately update health records. These highly-efficient approaches enable doctors to make notes while examining patients avoiding replication of efforts, and ultimately committing more time and attention to patient care. Moreover, NLP is turning out as a helpful technique in assessing the accuracy of medical notes. For example, the Saudi Arabia-based Nahdi Medical operates a chain of health facilities in Saudi Arabia and is a leading adopter of NLP in the region. Physicians in this healthcare organization admit to having a patient-centric model of healthcare delivery, thanks to NLP technologies.
3. Extraction and interpretation of clinical notes
Health care delivery is not only based on the health profile of the patients but also includes the prescription of medications based on test outcomes to recommend further procedures. Physicians require accurate information to make correct decisions regarding patient treatment. NLP performs exemplarily in improving healthcare outcomes by accurately extracting information from diagnostic medical reports, doctor's letters, lab reports, etc., and interpreting clinical notes. NLP solutions are also adopted where EMR-based information stored in native text format becomes strenuous and time-consuming to extract with traditional techniques.
For instance, medical practitioners at the Toronto General Hospital, a Canadian-based Health organization use Autoscribe, an NLP-based solution developed by Mutuo Health Solutions to extract and interpret clinical notes. The system helps the institution with subtle nuances to improve patient and business care.
4. Enhancing patient awareness, engagement, and health literacy
Today, regulatory directives and industry policies recommend patient participation in health care. Healthcare organizations have patient portals where patients can access their medical reports, monitor their health, and concentrate on self-health superintendence. Unfortunately, these portals are characterized by numerous limitations regarding the education and knowledge of patients. Consequently, their participation is discouraged and the significance of the portals declines. The incorporation of NLP resources in healthcare to define complex terms in decipherable language has increased patient awareness and engagement. These solutions facilitate a better understanding of electronic health records and other IT resources/tools/platforms by patients, promoting greater involvement and making more informed decisions regarding their health. For instance, the American Association of Retired Persons (AARP) has benefited immensely from the adoption of NLP in enhancing the health literacy of people above the age of 50 for improved healthcare.
5. Delivering value-based health care
NLP tools are used to help patients switch from traditional treatment plans to value-based care. Physicians use NLP algorithms to examine patient care and identify potentially dangerous gaps in healthcare cycles. Also, NLP solutions are used to set up benchmarks for doctors and gauge free text. In addition to removing errors involved in the extraction of information, NLP tools are used to determine the quality of health care delivery. Doctors can use them to ascertain the quality of treatment offered to patients and compare it with established standards. This dramatically improves the outcome of care delivery in healthcare. for instance, HealthLinks, a Healthcare consulting firm based in Jeddah has strategically collaborated with Saudi's health ministry to deliver value-based care to millions of patients that visit their facilities annually.
6. Improving coordination of health care
Medical scientists are leveraging NLP algorithms and machine learning (ML) to improve health care coordination by examining huge volumes of unstructured medical data and drawing workable insights from them. Results from initial experiments have exhibited promising potential for enhanced coordinated health care, particularly from a behavioural perspective. Additionally, the integration of NLP in healthcare administrative roles has a great impact on the industry. For instance, NLP resources enable the staff to gather and autofill all vital information quickly and accurately. They help health administrators to identify errors in health documentation and make recommendations. This way, these significantly reduce operational costs and, at the same time, increase revenue for HCOs. For instance, Plasticity, a U.S.-based, developed an NLP solution that is designed to understand the deeper context of large volumes of unstructured data like patients' information, medical history, or treatment plant. Also, the system helps physicians spot errors in documentation processes and make suggestions, saving operational costs and time.
Conclusion
The evolving set of use cases signifies that incorporating Natural Language Processing in healthcare improves care delivery, patient safety, and experience. It enables medical practitioners to invest their time in delivering care while assisting them in making wise decisions based on factual, accurate data. NLP solutions also minimize the time spent undertaking administrative tasks by automating operations. Arguably, NLP is a transformative technology that is driving a better quality of health care.
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4 Jobs You Could Land After A Master’s In Business Analytics – BusinessBecause
If you have a passion for getting behind complex data to find hidden insights, then a career in analytics might be for you. Tech careers in business analytics are exciting, varied, and often well paid. But where do you start if you only have a basic grounding in the subject or youve studied an undergraduate degree in another discipline?
This is where Masters in Business Analytics can be a great optionthis specialized degree can help students get up to speed with the latest business developments in data analytics while teaching valuable management skills.
Here are 4 jobs you could land after a Masters degree in Business Analytics.
If youre looking for a data-driven career, then a data scientist job may be a good choice.
As a data scientist, youll be tasked with gathering data to extract findings that can be used to drive business decisions.
In the Master of Science (MSc) in Business Analytics and Technology Management program at Concordia Universitys John Molson School of Business, students can gain a solid grounding in the analysis skills needed for data scientist jobs through introductory courses such as Foundations in Data Mining.
This two-year research-based masters in Montreal, Canada, is aimed at recent undergrads and professionals seeking a career boost or change who want to become industry specialists.
The masters will help students become big-picture thinkers and have the confidence to trust themselves in what they do, says Bob Menard (pictured), career advisor at John Molsons Career Management Services (CMS).
CMS helps students prepare for the job market through workshops and one-to-one consultations in areas such as networking, resumes or cover letters, and interview preparation.
We also work with employers to bring opportunities to our students; whether that be job postings, attendance at career fairs or company-specific information sessions, and referrals, he says.
Masters in Business Analytics grads can expect to land an array of technology consulting jobs, applying their knowledge of tech systems to help companies find solutions to tech-based issues.
Students in the John Molson MSc in Business Analytics and Technology Management can learn how to develop and blend their analytical, decision-making, critical thinking, and communication skills through the experiential learning opportunities on offer.
John Molson facilitates internships with real companies, case competitions, and even offers students the chance to present their research findings to a panel of experts at the Annual Graduate Research Exposition. These hands-on learning opportunities provide a chance for students to sharpen their specialization and carry this expertise to careers in academia, industry, and beyond.
The program will make the students great storytellers, capable of making the data and numbers jump off the page, and become relevant and actionable for their employer, Bob says.
Top companies that hire technology consultants include Google, Bain, and Accenture.
Google has even just opened a new office in Montreal, which Bob believes will have many new employees working in analytics.
No matter where your area of interest lies within business analytics and technology management, theres likely to be an analyst role out there for you.
The John Molson Master's in Business Analytics prepares students to take up roles such as systems analyst, market research analyst, process analyst, or management analyst.
Courses, such as Multivariate Data Analysis, sharpen students technical skills while others, such as Foundations of Business Technology Management, improves their general management knowledge.
Employers want candidates who are not only specialists in their field, but they also want them to be able manage projects and others successfully. Through the MSc program, a student will be required to do both, Bob says.
Knowing how to understand data can lead to a career where you use data insights to organize and track the movement of goods or servicesthis is what a logistician does.
Depending on where you work, you could be involved with suppliers to ensure goods or services are delivered on time, or manage the movement of people such as military personnel.
The Masters in Business Analytics and Technology Management at John Molson offers courses in Data Management, teaching students how to use tools, such as Tableau, to visualize complex data sets.
There are also modules in AI and machine learning, helping Masters in Business Analytics students graduate from the program with a broad understanding of how innovative technology tools work in practice.
Towards the end of the MSc, students combine their findings in a research-based thesis on a topic of their choosing.
Masters in Business Analytics programs can provide a set of transferrable skills that can be deployed in a variety of data-driven roles.
If the masters focuses on both managerial capabilities in addition to the more technical aspects, students can graduate to become well-rounded data-driven industry experts ready to launch themselves into a competitive jobs market.
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4 Jobs You Could Land After A Master's In Business Analytics - BusinessBecause
Why Nvidia, Shopify, and Palantir Stocks Slumped Wednesday Morning – The Motley Fool
What happened
In many ways, 2022 has been a year like no other, as investors and consumers alike have been looking for signs that the macroeconomic headwinds might eventually ease. October started off in rally mode, but a couple of new economic reports suggest relief is still a way off, sparking a wide-ranging sell-off on Wall Street.
With that as a backdrop, shares of Nvidia (NVDA -0.27%) tumbled as much as 4.1%, Shopify (SHOP) slumped as much as 4.5%, and Palantir Technologies (PLTR) slipped as much as 4.6%. As of 2:15 p.m. ET, the trio were still trading lower, down 0.7%, 1.8%, and 0.5%, respectively.
To be clear, there was nothing in the way of company-specific news driving these technology stocks lower today. It appears, therefore, that after two days of gains on Wall Street, investors were pouring over newly released economic data and what it suggests about the future.
The first of two reports came from payroll processor Automatic Data Processing, which revealed that businesses added 208,000 new jobs in September, more than the 200,000 economists were expecting. While rising employment is generally a good thing, the strong jobs number increases the likelihood that the Federal Reserve will continue to raise interest rates in a bid to combat inflation. Wall Street would have preferred it if hiring slowed somewhat, which would have suggested that the Fed's relentless rate hikes were working.
The ADP report is often seen as a precursor to the official Bureau of Labor Statistics nonfarm payrolls report, which is scheduled to be released on Friday. The data is expected to show an increase of 275,000 jobs in September, so a higher number might prompt even more rate hikes by the Fed.
The second report came courtesy of the Institute for Supply Management. The Services Purchasing Managers Index (PMI), which measures growth in the services sector, came in at 56.7% for September. While the rate of growth edged slightly lower than August, it was still higher than the reading of 56% anticipated by economists.
Steady growth in the services sector is yet another indicator that it will take additional rate hikes to slow the fast-growing economy in order to cool red-hot inflation.
There wasn't much in the way of company-specific news and given the overall market downdraft, it's unlikely that any of these developments would have moved the needle in terms of stock prices.
Nvidia announced earlier this week that it plans to cut ties with Russia, giving its workers the opportunity to continue their employment in other countries. "After previously suspending shipments to the country, we had continued to maintain our office to support our employees and their families. With recent developments, we can no longer operate effectively there," the company said in a statement. Nvidia already stopped selling semiconductors in Russia back in March. Historically, the country only represented about 2% of Nvidia's revenue, so this won't make a big dent in the company's overall financial results.
For its part, Palantir recently announced a partnership with Concordance Healthcare Solutions, one of the largest independent healthcare distributors in the U.S. The pair are working to create the "first, fully integrated medical supply chain ecosystem -- bringing together inventory and supply chain data from manufacturers, suppliers, distributors, and providers into one cohesive, real-time system." This collaboration is good news for Palantir investors, as the company has been working to decrease its reliance on government contracts and grow the corporate side of its software and data mining solutions business.
With the persistent macroeconomic headwinds weighing on investor sentiment, it's easy to see why investors might be a bit leery of putting money to work in such a market. Yet for those with available funds and a long-term investing time horizon, this is actually an ideal time to consider buying these stocks.
As a result of the ongoing bear market, shares of Nvidia, Palantir, and Shopify are currently trading 61%, 69%, and 82% off their respective highs. Furthermore, these industry leaders are currently selling at 10, seven, and five times next years' sales, respectively, each near their lowest valuations in several years. That's not to say these stocks couldn't fall further -- in fact, they probably will. Furthermore, they aren't cheap in terms of traditional valuation metrics, as a reasonable price-to-sales ratio is considered to be between 1 and 2. However, given their long-term opportunities and the ability to dominate their respective industries, this might be a great opportunity to buy shares of these best-of-breed companies at a discount.
Danny Vena has positions in Nvidia, Palantir Technologies Inc., and Shopify and has the following options: long January 2023 $1,140 calls on Shopify and long January 2023 $1,160 calls on Shopify. The Motley Fool has positions in and recommends Nvidia, Palantir Technologies Inc., and Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy.
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Why Nvidia, Shopify, and Palantir Stocks Slumped Wednesday Morning - The Motley Fool
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for September 2022 – Yahoo Finance
The Company's production capacity is set to grow by 400% with the installation and activation of 2,946 miners released from U.S. Customs
Production for the month totaled 11.06 Bitcoin
Total Bitcoin holdings were 78.06
Operations achieved 122 BTC/EH efficiency
Toronto, Ontario--(Newsfile Corp. - October 6, 2022) - Sphere 3D Corp. (Nasdaq: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation as of September 30, 2022.
CEO Comments
"Sphere 3D made great progress in September. As previously mentioned, we successfully secured the release of all our S19j Pros from U.S. Customs. Of the 4,026 additional miners now landed, 540 are installed and awaiting energization. We expect the remaining miners to be installed beginning in early October 2022 and will be energized at Compute North's site in Texas. No time frame has been provided by Compute North, but we anticipate an energization status update in the coming weeks."
Miner Deliveries and Petahash Capacity
Activating the 4,026 miners shipped over the past three months should increase the Company's production capacity by more than 400 percent compared to Sphere 3D's August production levels announced on September 8, 2022. Their installation and activation will bring the Company's production capacity to approximately 500 PH/s and grow Sphere 3D's mining fleet to more than 5,000 S19j miners.
Our discussions with FuFu Technologies to renegotiate our September 21, 2021, contract have been productive. We have agreed in principle on most commercial terms with Bitfufu and should have an update in the coming weeks on our final agreement.
Bitcoin Production and Holdings Update
In September 2022, Sphere 3D produced 11.06 Bitcoin or 0.3686 Bitcoin per day. Sphere 3D's mining fleet operated at 122 BTC/EH efficiency in September and averaged approximately 92 percent uptime. Daily production volume decreased compared to August 2022 due to an increase in difficulty of about 11.5 percent and one less day in the month, a 3.3 percent reduction all else equal compared to August, according to HC Wainwright's BTC Mining Weekly. The equivalent approximate value of the Company's production during September, based on a Bitcoin price of $19,415 on September 30, 2022, totaled $215,000.
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Since the Company began its mining operations during the first quarter of 2022, it has produced 91.87 Bitcoin and held 78.06 Bitcoin on September 30, 2022. Bitcoin held by the Company represents a fair market value of about $1.52 million based on the Bitcoin price of $19,415 on September 30, 2022. As of September 30, 2022, the Company was operating approximately 1,000 S19j Pros miners delivering a production capacity of approximately 100 PH/s.
The Company continues to employ a HODL strategy for the majority of its holdings. The difference between Bitcoin mined and Sphere 3D's holdings is the amount Sphere 3D used to fund working capital.
To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1705/139730_f6fff990343a598b_001full.jpg
Statement on Compute North's Chapter 11 Filing
Sphere 3D executives are in communication with Compute North regarding its Chapter 11 filing. Compute North has provided assurances that the filing will have no impact on Sphere 3D's mining fleet as they intend to continue operations as normal. Sphere 3D continues to monitor the situation.
CEO Closing Remarks
"We are working with our partners to expedite the installation and energization of our recovered miners and getting Sphere 3D's fleet of about 5,000 miners hashing. Once energized, our production should jump significantly. In addition, we expect to expand the fleet once the Bitfufu contract restructuring is complete. In the meantime, Bitcoin continues to show stability compared to other cryptocurrencies despite recently announced actions by the Federal Reserve and global market volatility.
"I have a positive outlook for the coming months with miners scheduled to be delivered, installed, and energized in the coming quarter. With many of our industry colleagues still beleaguered by U.S. Customs delays, we feel fortunate to have secured the release of our miners, with the caveat that due to the delay, we had to get "back in line" for installation and energization. I believe the fourth quarter will be transformative for Sphere 3D and we are well positioned for success." said Patricia Trompeter, CEO of Sphere 3D.
About Sphere 3D
Sphere 3D Corp. (Nasdaq: ANY) is a net carbon-neutral cryptocurrency miner with decades of proven enterprise data-services expertise. The Company is rapidly growing its industrial-scale mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with best-in-class data center operators. Sphere 3D is dedicated to growing shareholder value while honoring its commitment to strict environmental, social, and governance standards. For more information about the Company, please visit Sphere3D.com.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events, including the timing of the proposed transaction and other information related to the proposed transaction. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions. Expectations and beliefs regarding matters discussed herein may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. The forward-looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in filings with the SEC, including Sphere 3D's reports filed on Form 20-F and Form 6-K and in other filings made by Sphere 3D with the SEC from time to time and available at http://www.sec.gov. These forward-looking statements are based on current expectations, which are subject to change.
Sphere 3D Contacts
NMN AdvisorsSphere3d@nmnadvisors.com
Kurt Kalbfleisch, CFO, Sphere 3DInvestor.relations@sphere3d.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/139730
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Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for September 2022 - Yahoo Finance