Data Science and Analytics are being applied across industries, varying in their scope and magnitude based on the purpose of the application. Even as we witness these technologies solving bigger problems, there are still some challenges faced while building these solutions. We explore some of those challenges in this week’s digest.
Continuing its efforts to bolster supervision and identify non-compliance, regulator Sebi plans to deploy data analytics and new generation technologies to deal with various challenges in the market. Technology solutions are being built to achieve the objective of identifying non-compliance and assisting in investigations.
AVORA provides an end-to-end augmented analytics platform, utilising Machine Learning with smart altering to deliver easy to use, in-depth data analysis. By eliminating the limitations of existing analytics, reducing data preparation and discovery time by 50-80%, and accelerating time to insight to just a matter of seconds rather than days, AVORA creates game-changing organizational intelligence.
Single-molecule fluorescence techniques have revolutionized our understanding of the dynamics of many critical molecular processes, but signals are inherently noisy and experiments require long acquisition times. This work leverages new tools from data science in order to make every photon detected count and refine our picture of molecular motion.
Analytics industry has witnessed significant growth over the years but is still prone to a lot of challenges in terms of talent, reaching the right consumers, cumulating data points, among others. 3 Key Challenges That Analytics Industry Still Faces Today are:
Translating data to business impact | Multiple sources of data | Data quality
To read more about Data Science, Analytics, and their career prospects, check this space. Upskill in Data Science domain with Great Learning’s PG program in Data Science and Engineering.