"There are call kinds of trends and challenges in data mining that are currently shaping the technology. Here's where things stand...
The state of data mining is eager to improve as we slowly step into the new year. Organizations of all shapes and sizes belonging to both the public and the governmental sector are focusing on digging deeper into organized data to help perfect future investments as well as the customer experience being served..."
"The tools used for data science are rapidly changing at the moment, according to Gartner, which said we're in the midst of a 'big bang' in its latest report on data science and machine learning platforms...
"The data science and ML market is healthy and vibrant, with a broad mix of vendors offering a range of capabilities,' Gartner says in its Magic Quadrant for Data Science and Machine Learning Platforms published January 28. "The market is experiencing a 'big bang' that is redefining not only who does data science and ML, but how it is done..."
"2018 was a great year for IPOs, and the momentum is likely to continue throughout 2019 despite the government shutdown in January. As companies wait longer to go public, investors are increasingly demanding a viable path to profitability. This could bode well for deca-unicorn Palantir because the data analytics firm, which is reportedly planning an IPO this year, could become profitable over the next 12 months, according to CEO Alex Karp..."
"I remember watching MIT professor Andrew McAfee years ago telling stories about the importance of data over gut feeling, whether it was predicting successful wines or making sound business decisions. We have been hearing about big data and data-driven decision making for so long, you would think it has become hardened into our largest organizations by now. As it turns out, new research by NewVantage Partners finds that most large companies are having problems implementing an organization-wide, data-driven strategy..."
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