Category Archives: Data Science

Here’s how much Amazon pays its Boston-based employees – Business Insider

Amazon's presence in Boston is growing. The firm announced Tuesday that it would add 3,000 jobs in the Boston area, including human resources, artificial intelligence, and software development roles.

The firm already has a large presence in the Boston area it has at least 3,700 employees at its existing Boston Tech Hub. The firm leased an additional 17-story building in the city.

Read more: Amazon exec Jay Carney pens letter in support of $15 minimum wage increase

When a US-based firm hires a foreign worker, they have to file a visa application with the US Office of Foreign Labor Certification. The applications for these visas are published online. Insider analyzed more than 200 of Amazon's visa applications for Boston-based employees from 2019 and 2020 to understand how Amazon pays employees.

It's important to note that the visa application data only reflects base salaries, and does not include bonuses, incentive awards, or benefits that would typically be part of a total rewards package.

Let's take a look at job families in Amazon's Boston offices, and how much you could make.

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Here's how much Amazon pays its Boston-based employees - Business Insider

Datavant and Kythera Increase the Value Of Healthcare Data Through Expanded Data Science Platform Partnership – GlobeNewswire

SAN FRANCISCO and FRANKLIN, Tenn., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Datavant, the leader in helping healthcare organizations safely connect their data, and Kythera, a healthcare cloud- based data science platform company with data representing over 310 million US patients, announced an expanded partnership to serve healthcare businesses.

Healthcare information users face constant challenges when evaluating and integrating data. Utilizing Datavants privacy-protecting patient-level linking technology through Kytheras Wayfinder platform-as-a-service, users are able to extract maximum value from data investments by securely evaluating and integrating data across a wide variety of sources. Kytheras Wayfinder enables any data to be matched and analyzed, including claims, electronic health records, digital health information, payer inputs, lab and imaging records, and consumer records. By applying market-proven machine learning principles, Wayfinder also includes standardized provider and payer directories to align and integrate data at greater velocity, with greater accuracy, and at lower cost - unlocking the value of matched information sets faster and less expensively at scale.

Members of the Datavant ecosystem will be able to leverage Kytheras Wayfinder platform to efficiently evaluate data assets from partners and other sources by exploring and understanding complementary data sets available through Datavant. Wayfinder enables immediate consumption and integration, leading to more accurate and actionable insights for life sciences companies, health systems, public health entities, and other non-health care organizations that utilize health care data to improve their understanding of markets and customers.

Datavant ecosystem members can also take advantage of Wayfinder to quickly deploy their data assets as a product with enterprise grade speed, scale, and security. This benefit enables the monetization of otherwise underutilized data assets, further extending the utility and value of Datavants linking technology and partner ecosystem.

Datavant and Kythera have witnessed companies that link and combine healthcare data achieve a critical step in outperforming their competition by advancing the use of information to improve healthcare, said Travis May, Chief Executive Officer of Datavant. We are excited to deepen our relationship with Kythera and to support our shared goal ensuring life sciences manufacturers, health systems, or any organization using health care data, have access to complete and accurate information and insights.

Data consumers are looking for the best available information to support their decisions. The greatest challenges are ensuring data is complete and high quality. Our partnership with Datavant enables us to serve customers by addressing both of these challenges, said Jeff McDonald, CEO at Kythera. This partnership helps healthcare organizations have the confidence to make decisions that improve patient care, create better product-market fit, and better understand customers.

About DatavantDatavants mission is to connect the worlds health data to improve patient outcomes. Datavant works to reduce the friction of data sharing across the healthcare industry by building technology that protects the privacy of patients while supporting the linkage of de-identified patient records across datasets. Datavant is headquartered in San Francisco. Learn more about Datavant at http://www.datavant.com.

About KytheraKythera is a healthcare data science platform company that maximizes data investments by applying machine learning to improve quality, integration, and decision making through advanced machine learning. When our cloud-based technology is combined with our data assets representing more than 310 million US patients, our customers realize increased data fidelity, access more accurate insights, improve decision making, and make smarter data investments. Learn more about Kythera at http://www.kytheralabs.com.

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Datavant and Kythera Increase the Value Of Healthcare Data Through Expanded Data Science Platform Partnership - GlobeNewswire

Want to work in data? Here are 6 skills you’ll need Just now – Siliconrepublic.com

Members of the Siliconrepublic.com community highlight some of the in-demand skills for data professionals right now.

There are many reasons someone might choose to work in data. Theres huge variety in the field, with roles spanning analytics, mining, compliance and more. And, according to Glassdoor, analysts can typically earn around 35,000 in Ireland while senior data scientists can earn up to 73,000 each year.

But what are employers in the industry looking for right now? We asked some people in the Siliconrepublic.com community to share their thoughts on the skills in high demand.

Coding is an essential part of any data job, but there are hundreds of programming languages to choose from.

Python is one of the most popular languages to learn. At Aon, employees draw on Python to help companies mitigate against possible risks and inform future decisions. According to Fergal Collins, CEO of the Aon Centre for Innovation and Analytics in Dublin, Python is a key skill when it comes to delivering impactful analytics from data.

Its accessibility and ease of use, which facilitates rapid exploration of data to deliver analytics that solve client problems, is what makes it stand out from the crowd, Collins said. Python is very versatile and flexible, lending itself not only to data analytics but to web development and the ability to deploy code to many environments from local to cloud.

The active and supportive community driving solutions and research in Python goes a long way to making Python my teams go-to choice of skill when it comes to working effectively with data.

Other tools to think about include TensorFlow, Keras and Spacy, which Brian OHalloran used in his data science role at Liberty IT.

Hays global head of technology, James Milligan, recently highlighted to us the top data science skills for the post-Covid world, including the ongoing demand for data visualisation skills. Visualising data involves taking the numbers, extracting trends from them such as potential opportunities and risks and presenting this information in an easily digestible way to stakeholders, he said.

Mark Greville, vice-president of architecture at Workhuman, agrees. Organisations will need to embrace interactive data-visualisation tools in the future, he told us. We will be rethinking how we help our humans engage with the amazing insights, so these will become the norm.

Being able to interact with the data in new and visually appealing ways will add another level to whats possible.

Milligan also emphasised the importance of data governance skills. He said that in order to bring value to an organisation, data should have integrity and insight.

To assess this, data professionals must investigate where the data came from, how clean it is and how it has been analysed. Getting answers to these questions requires a worker to critique the terminology that has been used, how information has been tagged and whether this can be interpreted with integrity, Milligan said. If something isnt correct, someone needs to spot this and rectify it immediately.

Equally important are the security measures you take with the data youre handling. As OffSecs Ning Wang recently told us: Doing security well is not just following the process and going through the motions; it requires people to be able to think critically and creatively.

Communication is important for almost every role and the data sector is no exception. Whether youre a data steward like Dun & Bradstreets Deirdre Linnane or a senior data scientist like Fidelity Investments Sean Curran, effective communication is key.

When Linnane first began in her role, she was surprised to learn how frequently shed be interacting with clients. Her background in customer-facing roles helped her adjust, but shes still careful about using too much jargon in her conversations.

For Curran, storytelling skills have proved invaluable to his work in data. I use my technical skills on a daily basis across R, Python, SQL, maths and stats, he told us. However, I think the best skill you can learn as a data scientist is the ability to tell a story of how to approach business problems and how to come up with a solution that the client understands and trusts.

There are other data roles that place even greater focus on the ability to communicate. As a data science evangelist, Rosaria Silipos goal is to help others engage with data science more deeply. She leads public presentations, lectures and courses and writes blog posts, articles and books on the topic.

Working in data isnt all about numbers. In fact, many professionals list creativity as one of the top skills they draw on in their data roles. And for Silipo, its one of her favourite things about working in the industry.

Setting out to solve a problem in data science is a highly creative process, she told us. In this phase there is nothing wrong; you can let your creativity run free, experiment.

Creativity isnt simply a nice-to-have in todays working world; its a critical skill. As Hays Karen Young highlighted in this guest article, roles like chief innovation officer have emerged in recent years. US consulting company West Monroe is even carving out space for all sorts of creative leadership, from chief coffee officer to chief hot sauce officer.

But whether youre a leader or not, the importance of bringing your creative flair to the world of data cant be overstated. Human creativity is immune to automation, Young said.

If youre interested in data, chances are youre a curious person by nature. Many data jobs share a fundamental characteristic; their goal is to arrive at answers by solving the problems presented by large amounts of information.

Karl Heery of Aon believes curiosity is crucial for data workers; its something he looks out for in new hires.

So if youre determined to work in data, take Silipos words of wisdom with you: Keep being curious and keep learning about new technology, new algorithms, new solutions, the work of others.

Our field is constantly changing; new uses and new techniques pop up every day. Keeping the interest and the curiosity high means to keep up with the technological evolution.

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Want to work in data? Here are 6 skills you'll need Just now - Siliconrepublic.com

What’s So Trendy about Knowledge Management Solutions Market That Everyone Went Crazy over It? | Bloomfire, CSC (American Productivity & Quality…

The Global Knowledge Management Solutions Market Is Predicted to Reach to US$ 25,470 Million in 2022, Due to High Adoption of Intelligence Process Automation in BFSI (Banking, Financial services)

These solutions come with a variety of software, such as KM processes, KM systems, KM mechanisms and technologies, and KM infrastructure to facilitate knowledge management processes. All of these systems are designed to systematically manage employee data, knowledge transfer, and technical processes in your organization. In government sectors that have not been developed for years, the implementation of these solutions is now leading the market for knowledge management solutions.

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Knowledge Management Solutions Market is fragmented with the Presence of Global and Regional Players

Some of the key participants in global Knowledge Management Solutions Market are Bloomfire,CSC (American Productivity & Quality Center Inc.), EduBrite Systems Inc, Ernst & Young (Capgemini), IBM Global Services, Interwoven Inc. In September 2017, IBM Global Services launched the new high-powered analytics system for faster access to data science. This system, which comes with a variety of data science tools built-in, allows data scientists to get up and running quickly to develop and deploy their advanced analytics models in-place, directly where the data resides for greater performance

The high risk of data breaching can cause security issues, which is a possible factor that is restricting the adoption of this solution in the market.However, developments in authentication and encryption systems to provide secure access to knowledge management solutions is expected to provide solution to the restraining factors of knowledge management solutions market.

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North America to Remain the Dominant Region during the Forecast Period,2018-2026

The presence of a number of banks and large financial institutions in this region has made North America the largest market share holder for Knowledge Management Solutions Market. Also, the increasing number of startups with innovative software and solutions are growing the popularity of knowledge management solutions in U.S.

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Praxis Business School is launching its Post Graduate Program in Data Engineering in association with Knowledge Partners – Genpact and LatentView…

BANGALORE, India, Jan. 29, 2021 /PRNewswire/ -- Praxis Business School is launching its Post Graduate Program in Data Engineering, in association with knowledge partners Genpact and LatentView Analytics, to cater to the galloping demand for industry-ready data engineering resources. This 6-months full-time industry endorsed PG program will be delivered from the Praxis Bangalore campus and aims at providing a comprehensive and immersive learning experience and placement assistance for a lift-off into a successful and recession-proof career.

Data Engineering has emerged as a top career in today's data driven world. The Data Engineering market size in India is expected to grow 4 times in the next 5 years to reach $ 42.3 billion by 2025 a whopping 41% of the Global Data Engineering services market. According to the DICE report, Data Engineering was the fastest growing career in 2019 at 45% growth.

The program at Praxis is aimed at addressing this industry requirement, globally and in India. For career seekers, data engineering offers immense opportunities as demand far outstrips supply. It's an exciting, new-age career - data engineers manage the data of large enterprises - they construct and oversee database architecture; they determine how data is collected and stored; they create the pipelines that transform raw data into useful formats for analysis. For doing all this, they need to have a range of skill-sets from conceptual clarity to hands-on experience with tools, deep understanding of Big Data and Cloud technologies, and an appreciation of business problems and analytics.

Prof. Charanpreet Singh,Founder and Director of Praxis Business Foundation,said, "Praxis has been a leader in creating industry-ready resources for Data Science over the last decade. With the incredible increase in the generation of data, the speed of communication and the formulation of new tools and algorithms for analytics, data engineering roles have evolved tremendously over this period. The supply has just not been able to keep pace with the demand; this is why Praxis has again taken the lead to create the nation's first full-time post graduate program in data engineering. We are fortunate to have Genpact and LatentView, with their enormous experience in this field, to support and guide us. This is a great time to be a data engineer, and the Praxis program will ensure that you get all the knowledge and skills you need to become one."

"At Genpact, our work with leading enterprises around the world, has taught us that laying a good data foundation requires a few key components, and talent is one of the most critical factors," saidSidharth Reddy, Data and Advanced Analytics Leader, Banking and Capital Markets, Genpact."Through this partnership, we aim at nurturing a new generation of students who can apply their theoretical knowledge on data engineering, big data management, data governance, data cognition engines and more, to solve real world business challenges."

According toMr. Ramesh Hariharan, Co-founder and Director of Data Engineering at LatentView Analytics,"In the emerging era, AI will simplify any decision-making. Engineering the right type of data platforms would be a key differentiator! Leading scalable data engineering initiatives will be critical for successful analytics transformation. Praxis is best positioned to offer the best of both worlds (data science & data engineering) and provide the right curriculum to be future ready!"

Program Highlights:

Praxis offers a comprehensive and contemporary curriculum co-developed by Genpact and LatentView Analytics and delivered by domain leaders and senior practitioners. It comprises modules on understanding the legacy tools and technologies for Data Management & Data Modelling as well as on the paradigm of Distributed Systems and Cloud Computing. Participants will get hands-on exposure on ETL Concepts, Unix/ Linux, Python, Streaming Analytics on Hadoop, MapReduce, SQL & NoSQL using Devops. A highlight of the program is the Capstone project that sees them taking data from a Legacy system and migrating it to a big-data platform hosted on the Cloud. The renowned Praxis Placement Program manages the transition of the students to a successful Data Engineering career.

Prof. Dr. Sourav Saha, Dean - Academics at Praxis Business School said "The digital era has created a new benchmark for successful Organization whose reputation today is determined not only on revenue but also on the amount of Data they handle and process. This is where the Data Engineers take the centre stage with the knowledge of the Cloud Computing platforms, tools and techniques for ensuring the assimilation, storage and processing of Big Data. Today, as the human civilization prepares at creating unprecedented value through Artificial Intelligence (AI), the Data Engineers ensure the continuous fuel for AI, i.e. Data. I am excited at the career potential of the Data Engineering graduates coming out of the program and look forward to seeing them contributing to a better future for everyone."

Who can join this program:People who understand tech and like working in tech; enjoy solving problems; are analytical in their approach; like working in collaborative teams; and thrive in positions of responsibility. Engineering, Science, BCA/ MCA graduates will find this an exciting area to work in.

About Praxis Business School

Praxis Business School is a premier institution with campuses in Kolkata and Bangalore. The name Praxis symbolizes the philosophy of the institute. The root of Praxis is Greek, meaning 'to do', or the practice of an art, science, or technical occupation.Praxis is committed to playing a significant role in creating a strong pool of resources who understand the interplay between data, technology and business. Praxis offers AICTE approved 2-years full-time Post Graduate Diploma in Management, full-time Post-Graduate Program in Data Science, full-time Post-Graduate Program in Cyber Security and full-time Post Graduate Program in Data Engineering.

Media Contact:Sushanta Saha Head of marketing[emailprotected] +91- 9035003073

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Praxis Business School is launching its Post Graduate Program in Data Engineering in association with Knowledge Partners - Genpact and LatentView...

UBIX and ORS GROUP announce partnership to democratize advanced analytics and AI for small and midmarket organizations – PR Web

ORANGE COUNTY, Calif. (PRWEB) January 29, 2021

UBIX, the open source AI-on-Demand company, today announced a partnership with ORS Group, a cross-industry platform for optimizing and automating business processes using proprietary Big Data Analytics and Artificial Intelligence (AI). This combination will accelerate the democratization of advanced analytics and data science in order to make AI abundant, reliable and cost effective for small and midmarket companies.

ORS Group brings a deep understanding of the reality and complexity of modern business and its team is skilled at creating software solutions based on its innovative AI Platform aimed at helping executives extract significant efficiency and cash flow from sales and operations. The ORS AI Platform includes a comprehensive library of AI, Machine Learning and Big Data Analytics algorithms and a suite of vertically integrated solutions for Retail, Manufacturing, Financial and Energy industries that deliver optimized value chains in these industries.

UBIX is an open-source data science platform designed to manage the complete AI lifecycle. It automates and scales all the key tasks across the end-to-end data and analytics pipeline; and enables users of all skill levels to contribute to the development of AI applications at scale. This makes UBIX a natural fit for AI application development to drive digital transformation in small and midmarket companies.

With ORS and UBIX, organizations can now afford to deploy AI-enabled processes and applications, said John Burke, CEO of UBIX. These organizations will be able to leverage a deep model library and over 40 analytic solutions that are being used in different industry verticals such as Demand Planning, Inventory Planning, Manufacturing Control, Procurement and Logistics in manufacturing, CPG/Retail, and Risk Management, Pricing, Fraud Detection in Financial Services.

Through leading edge technology and best-in-class business functionality, ORS continues to deliver unparalleled value to its customers, said Chandra Subramanian, Chairman and Board Leader at ORS. With UBIXs deep knowledge and expertise in data science and AI, this partnership is democratizing advanced analytics and AI for the midmarket organizations, which have struggled to adopt these capabilities due to the overwhelming complexity and cost of current offerings.

About UBIX:UBIX offers a cognitive, AI-on-Demand platform that empowers users of all skill levels to develop and deploy open-source, big, fast data architecture and data science pipelines faster and better than ever. Our patented data shaping and patent-pending learning engine are trained by each input, interaction, and outcome; growing in knowledge and impact over time. Together, we improve productivity, creativity, eliminate errors, support governance, and ultimately accelerate time to value. UBIX is privately funded and based in Orange County, CA. For more information, visit http://www.ubixlabs.com or follow us on LinkedIn.

About ORS Group:ORS software solutions are applications, which make use of science and leverage on 20 years of proprietary development in A.I., Machine Learning and Big Data Analytics to optimize complex business processes for the whole value chain, from production to sales. ORS products are fully integrated with all customers legacy systems from SAP to old AS/400 and automate operations like production scheduling, intelligent and highly proactive supply chains, making them smarter and more efficient. ORS GROUP is also connecting A.I. and Blockchain through their new product, the Hypersmart Contracts (HSC), to provide access to more than 1,000 proprietary algorithms and hundreds of software solutions to the Crypto Community and to established businesses. By combining the power of UBIX and ORS, we envision a planetary network of entrepreneurs and independent companies empowered by the new digital alphabet: ABC Artificial Intelligence, Blockchain, Cryptocurrency. For more information visit http://www.ors.ai or follow us on Linkedin.

Media ContactsTony LevyUBIXtony@ubixlabs.com

Chandra SubramanianORS Groupchandra@ors.ai

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UBIX and ORS GROUP announce partnership to democratize advanced analytics and AI for small and midmarket organizations - PR Web

Data Science Platform Market Insights, Industry Outlook, Growing Trends and Demands 2020 to 2025 The Courier – The Courier

The Global Data Science Platform Market Research Report 2020-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Top Companies in the Global Data Science Platform Market: Microsoft Corporation?, IBM Corporation?, Google?, Wolfram?, DataRobot?, Sense?, RapidMiner?, Domino Data Lab?, Dataiku?, Alteryx?, Continuum Analytics AndOther

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This report segments the Data Science PlatformMarket on the basis of by Type are:

On-Premises?On-Demand Others

On the basis of By Application, the Data Science PlatformMarket is segmented into:

Banking, Financial Services, and Insurance (BFSI)?Healthcare and Life Sciences?Others

Regional Analysis for Data Science Platform Market:

For a comprehensive understanding of market dynamics, the Data Science Platform Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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https://www.theresearchinsights.com/service-and-software/COVID-19-World-Data-Science-Platform-Market-Research-Report-by-Product-Type-End-UserApplication-and-RegionsCountries-306702

Points Covered in The Report:

The points that are talked over within the report are the major Data Science Platform Market players that influence the market such as raw material suppliers, manufacturers, equipment suppliers, end users, traders, distributors etc.

The all-inclusive profile of the companies is specified. The production, price, capacity, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, future strategies, supply, and the technological developments that they are creating are also incorporated within the report. Besides the historical data from 2014 to 2019 and forecast data from 2019 to 2025.

The growth factors of the Data Science Platform Market are deeply discussed while the different end users of the market are underlined.

Data and information by manufacturer, by region, by type, by application and etc., and custom research can be added in line with the specific requirements.

TheData Science Platform Market report also considers the SWOT analysis of the market. Finally, the report concludes with the opinions of the industry experts.

What are the market factors that are explained in the report

Further in the Data Science Platform Market research reports, following points are included along with in-depth study of each point:-

Production Analysis Production of the Data Science Platform Market is analyzed with respect to different regions, types and applications. Here, price analysis of various Data Science Platform Market key players are also covered.

Sales and Revenue Analysis Both, sales and revenue are studied for the different regions of the Data Science Platform Market. Another major aspect, price, which plays important part in the revenue generation, is also assessed in this section for the various regions.

Supply and Consumption In continuation with sales, this section studies supply and consumption for theData Science PlatformMarket. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.

Competitors In this section, various Data Science Platform Market leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

Other analyses Apart from the aforementioned information, trade and distribution analysis for the Data Science PlatformMarket, contact information of major manufacturers, suppliers and key consumers is also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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BCG GAMMA, in Collaboration with Scikit-Learn, Launches FACET, Its New Open-Source Library for Human-Explainable Artificial Intelligence – PRNewswire

BOSTON, Jan. 12, 2021 /PRNewswire/ --Boston Consulting Group (BCG)has released its first open-source software library for human-explainable artificial intelligence (AI). BCG GAMMA FACET enables users to make better business decisions by opening the "black box" of advanced machine learning models. Advances in AI have given data scientists powerful tools to analyze complex business problems and predict outcomes. FACET goes one step further, giving data scientists and business experts a new way to understand how a model arrives at predictions. With this new insight, data scientists can use machine learning models to inform decisions that save money, maximize yield, retain customers, remove bias, and improve patient outcomes.

BCG believes that humans must always be at the core of all AI-based decisions. By helping developers and business users understand how algorithms analyze the data sets on which AI predictions are based, BCG GAMMA FACET reestablishes human control over and trust in AI. It uses a newly developed model-inspection algorithm to explain the relationships between the model variables. And it applies a simulation approach to enable data scientists to conduct "virtual experiments" to determine how changes in these variables can affect predicted outcomes.

"Data scientists are often under pressure to explain the behavior of their models. This is precisely the aim of FACET: to explain the key variables in the models very quickly, in order to provide greater clarity in the dialogue between data scientists and operational teams. By facilitating the explicability of models, FACET contributes to the deployment of a more transparent and more responsible AI," says Sylvain Duranton, BCG managing director, senior partner, and global leader of BCG GAMMA.

"We are very glad that scikit-learn's simple and consistent design allowed BCG to develop FACET, a very valuable tool for our community," says Alexandre Gramfort, senior research scientist at Inria, co-author, and member of the scikit-learn technical committee.

"BCG GAMMA is very excited to join the open-source data science community with our public release of FACET," says Jan Ittner, BCG partner, associate director, and leader of the BCG GAMMA FACET team. "We look forward to working with the data science community and in partnership with scikit-learn to make AI more useful and understandable for everyone."

BCG GAMMA FACET is an intuitive, easy-to-implement, open-source software library available to the global data science community.

For more information about BCG GAMMA FACET, please contact Sophie Ruedinger at +49 170 334 4530 or [emailprotected].

For more media queries, please contact Eric Gregoire at +1 617 850 3783 or [emailprotected].

ABOUT BCG GAMMABCG GAMMA is BCG's global team dedicated to applying artificial intelligence and advanced analytics to critical business problems at leading companies and organizations. The team includes 900-plus data scientists and engineers who utilize AI and advanced analytics (e.g., machine learning, deep learning, optimization, simulation, natural language and image analytics, etc.) to build solutions that transform business performance. BCG GAMMA's approach builds value and competitive advantage at the intersection of data science, technology, people, business processes, and ways of working. For more information, please visit our webpage.

About Boston Consulting GroupBoston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformationinspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital venturesand business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

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https://www.bcg.com

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BCG GAMMA, in Collaboration with Scikit-Learn, Launches FACET, Its New Open-Source Library for Human-Explainable Artificial Intelligence - PRNewswire

How Professors Can Use AI to Improve Their Teaching In Real Time – EdSurge

The original version of this article appeared in Toward Data Science.

When I started teaching data science and artificial intelligence in Duke Universitys Pratt School of Engineering, I was frustrated by how little insight I actually felt I had into how effective my teaching was, until the end-of-semester final exam grades and student assessments came in.

Being new to teaching, I spent time reading up on pedagogical best practices and how methods like mastery learning and one-on-one personalized guidance could drastically improve student outcomes. Yet even with my relatively small class sizes I did not feel I had enough insight into each individual students learning to provide useful personalized guidance to them. In the middle of the semester, if you had asked me to tell you exactly what a specific student had mastered from the class to date and where he or she was struggling, I would not have been able to give you a very good answer. When students came to me for one-on-one coaching, I had to ask them where they needed help and hope that they were self-aware enough to know.

Knowing that my colleagues in other programs and universities teach much larger class sizes than mine, I asked them how aware they felt they were of each of their students level of mastery at any point in time. For the most part, they admitted they were also largely flying blind until final assessment results came in. It is historically one of the most vexing problems in education that there is a tradeoff between scale and achievable quality of instruction: As class sizes grow larger, the ability of a teacher to provide the type of personalized guidance shown by learning science research to be most effective is diminished.

Yet as instructors in the new world of online education, we have access to ever-increasing amounts of datafrom recorded lecture videos, electronically submitted homework, discussion forums, and online quizzes and assessmentsthat may give us insights into individual student learning. In summer 2020, we began a research project at Duke to explore how we could use this data to help us as instructors do our job better. The specific question we set out to answer was: As an instructor, how can I use the data available to me to support my ability to provide effective personalized guidance to my students?

What we wanted to know was, for any given student in a class at any point during a semester, what material have they mastered and what are they struggling with? The model of Knowledge Space Theory, introduced by Doignon and Falmagne in 1985 and significantly expanded on since, posits that a given domain of knowledge (such as the subject of a course) contains a discrete set of topics (or items) that often have interdependencies. The set of topics that a student has mastered to date is called their knowledge state. In order to provide effective instruction for the whole class and to provide personalized guidance for individual students, understanding the knowledge state of each student at any point is critical.

So how does one identify a students knowledge state? The most common method is through assessmenteither via homework or quizzes and tests. For my classes, I use low-stakes formative quiz assessments each week. Each quiz contains around 10 questions, with roughly half of the questions evaluating student knowledge of topics covered in last weeks lecture, and the remaining half covering topics from earlier in the course. In this way, I continue to evaluate students mastery of topics from the whole course each week. In addition we have weekly homework, which tests a variety of topics covered to date.

But digging through dozens or hundreds of quiz or homework question results for tens or hundreds of students in a class to identify patterns that provide insight on the students knowledge states is not the easiest task. Effective teachers need to be good at a lot of thingsdelivering compelling lectures, creating and grading homework and assessments, etc.but most teachers are not also trained data scientists, nor should they have to be to do their jobs.

This is where machine learning comes in. Fundamentally, machine learning is used to recognize patterns in data, and in this case the technology can be used to identify students knowledge states from their performance patterns across quizzes and homework.

To help improve my own teaching and that of my fellow faculty members in Dukes AI for Product Innovation masters program, we set out to develop a system that could, given a set of class quiz and homework results and a set of learning topics, identify each students learning state at any time and present that information to both instructor and learner. This would facilitate more effective personalized guidance by the instructor and better awareness on the part of the student as to where they need to put additional focus in their study. Additionally, by aggregating this information across the class, an instructor could gain insight into where the class was successfully learning the material and where he or she needs to reinforce certain topics.

The project culminated in the creation of a prototype tool called the Intelligent Classroom Assistant. The tool reads instructor-provided class quiz or homework results and the set of learning topics covered so far in the course. It then analyzes the data using a machine learning algorithm and provides the instructor with three automated analyses about: quiz and homework topics with which the class has struggled; learning topics the class has and has not mastered; and the performance of each student.

One of the key challenges in developing the tool was the mapping of quiz and homework questions to the most relevant learning topic. To accomplish this, I developed a custom algorithm that uses natural-language processing and draws on open-source libraries to understand the context of each question and map it to the primary learning topic it was designed to evaluate.

The Intelligent Classroom Assistant tool was built while I taught the Sourcing Data for Analytics course at Duke, an introductory-level data science course for graduate engineering students that covered technical as well as regulatory and ethical topics. This gave me an opportunity to try out the tool on my class as the semester progressed.

One of the key things I wanted to evaluate was how well the algorithm behind the hood of the tool could classify each quiz or homework question into the most relevant of the 20 learning topics covered in the course. On the full set of 85 quiz questions I used during the semester, the algorithm identified the relevant learning topic correctly about 82 percent of the time. While not perfect, this was good enough to make the analyses provided by the tool useful to me.

During the course, I used the prototype in two main ways to inform my teaching. I spent extra time in lecture sessions covering learning topics and specific quiz questions that the tool flagged due to low student performance. And during one-on-one help sessions with students, I used the personalized student analysis module of the tool to understand where the student needed extra reinforcement and make tutoring sessions more focused.

It's too soon to quantify whether the tool changed student outcomes, because the course I used it in was new, which means there is no historical benchmark for comparison. But this year, we are expanding the tool's use and are working to evaluate the effects it has on student engagement and performance. We are trying it out in another engineering class of 25 and also in an undergraduate finance class of more than 200 students. I also plan to use the prototype in my spring machine learning class to guide my teaching through the semester. Since students can benefit from seeing the results of the tools analysis as much as instructors, for spring we hope to include the addition of a student portal allowing students to see their own results and providing personalized study recommendations to students based on their identified knowledge state.

The amount of electronic data now available to instructors can help support their teaching. But teachers are not (usually) data scientists themselves, and need analytics tools to help them extract value from the data. While such tools are helpful, however, their value is directly proportional to how well an instructor defines course learning objectives and structures material and assessments to support and evaluate those objectives.

Machine learning tools such as The Intelligent Classroom Assistant can not only help teachers to improve the quality of their classes (as measured by student learning outcomes), but also enable them to do so at increased scale, offering the promise of widespread personalized teaching. When teachers can teach more effectively, learners can learn more, and as a society we all reap the benefits.

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How Professors Can Use AI to Improve Their Teaching In Real Time - EdSurge

Calling all rock stars: hire the right data scientist talent for your business – IDG Connect

This is a contributed article by Scott Zoldi, Chief Analytics Officer, FICO.

Try googling rock star and data scientist, and prepare to be amused. Its actually a thingusing rock star and data scientist in the same sentence. Dont get me wrong, I get it. As a data scientist myself, working with some of the most brilliant minds in the industry, Im amazed by the creativity, intelligence, vision and raw talent of my colleagues. They collaborate every day, harmonising their strengths and expertise around responsible AI to solve the big issues facing our business, our industry and our world. Theyre working to correct financial inequity and disparity. Theyre developing machine learning to stop financial crime and money laundering. Theyre developing tools and platforms for others to leverage at scale. Their set list is long, and Im proud to be their biggest fan and collaborator.

Executives sometimes say to me, You make AI sound easy. How can my company get started? First, its not easy, often complicated by the team structure and organisational philosophies at play. Second, you start by building a rock star analytics team a carefully selected ensemble that balances each data scientists strengths, while also recognising and addressing capability gaps on the overall team.

Its an up-front investment that wont come cheap. Demand for data science talent is high. However, demand for AI products is also up since the onset of COVID-19, according to a recent Corinium survey. If youre thinking of building your own group of analytic artists, here are a few guidelines to consider.

Before assembling a team that makes beautiful music together, you first need to stop, take a hard look at your organisation and ask questions. What are you trying to accomplish with this team? What resources do you already have in place technology, expertise and executive sponsorship to support this team? What are your companys data analytic strengths and weaknesses, and how can this team impact those areas? How will this team engage and communicate with others within the organisation and deliver value to the business? Will this team engage externally, with customers and industry peers? What is your budget? How will you measure the ROI of the team?

Theres no template or magic formula for getting it right. In fact, 65 percent of AI leaders admit that building a team with the right skills is a significant barrier to AI adoption, according to a July 2020 Corinium report. Furthermore, its worth exploring how to incorporate greater gender and ethnic diversity as you set out to build your analytics dream team. According to a McKinsey report, companies and teams with greater gender, ethnic and cultural diversity outperform industry peers by up 33 percent.

Its an iterative process where you ask the hard questions early and often to produce a successful outcome. First and foremost, the team should appropriately balance the companys current level of analytics sophistication and aspirations for AI adoption. From there, you can determine the right size and capabilities of the team based on organisation-specific needs and objectives.

Once you set the stage, then you can focus on talent. The key here is diversity look for a mix of skills sets and talents. Think of it this way: you only need one Elvis. In turn, he needs a band of great musicians to be successful. Indulge me as I run with this analogy and share my thoughts on key positions that comprise a rock star analytics team.

In my (admittedly biased) opinion, todays data scientists have earned their rock star status. Theyre transforming our world with AI-driven processes that fuel next-level performance and better business outcomes. But, before jumping on the bandwagon, take the time to consider whats right for your organisation. To build a balanced, functional team that fits the needs of your organisation, be selective when choosing your team and take the time to understand the unique role each scientist plays in the band.

Scott Zoldiis Chief Analytics Officer atFICO,driving the company's innovation in artificial intelligence and incorporating it into FICO solutions.While at FICO,Zoldihas been responsible for authoring 110 analytic patents with 56 patents granted and 54 in process. He is an industry leader in developing practical applications and standards for AI, Explainable AI, Ethical AI and Responsible AI, and was named one of Corinium's 2020GlobalTop 100 Innovators in Data & Analytics.

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Calling all rock stars: hire the right data scientist talent for your business - IDG Connect