#data intelligence and analytics

[slingshotsimulations]

Slingshot Simulations is a data Intelligence platform and analytics built to put AI in the hands of commercial leaders, to drive great decision making, all the time. Contact our dedicated team - Complete our contact form and a member of our team will be in touch shortly.

[turns-out-its-adhd]

AI exists and there's nothing any of us can do to change that.

If you have concerns about how AI is being/will be used the solution is not to abstain - it's to get involved.

Learn about it, practice utilising AI tools, understand it. Ignorance will not protect you, and putting your fingers in your ears going 'lalalala AI doesn't exist I don't acknowledge it' won't stop it from affecting your life.

The more the general population fears and misunderstands this technology, the less equipped they will be to resist its influence.

[hackeocafe]

How To Learn Math for Machine Learning FAST (Even With Zero Math Background)

I dropped out of high school and managed to became an Applied Scientist at Amazon by self-learning math (and other ML skills). In this video I'll show you exactly how I did it, sharing the resources and study techniques that worked for me, along with practical advice on what math you actually need (and don't need) to break into machine learning and data science.

[datascienceunicorn]

The Data Scientist Handbook 2024

HT @dataelixir

[agentfascinateur]

The U.S. intelligence community is now buying up vast volumes of sensitive information that would have previously required a court order, essentially bypassing the Fourth Amendment.

#illegal

[abathurofficial]

Abathur

At Abathur, we believe technology should empower, not complicate.

Our mission is to provide seamless, scalable, and secure solutions for businesses of all sizes. With a team of experts specializing in various tech domains, we ensure our clients stay ahead in an ever-evolving digital landscape.

Why Choose Us? Expert-Led Innovation – Our team is built on experience and expertise. Security First Approach – Cybersecurity is embedded in all our solutions. Scalable & Future-Proof – We design solutions that grow with you. Client-Centric Focus – Your success is our priority.

[datasciencewithmohsin]

Understanding Outliers in Machine Learning and Data Science

In machine learning and data science, an outlier is like a misfit in a dataset. It's a data point that stands out significantly from the rest of the data. Sometimes, these outliers are errors, while other times, they reveal something truly interesting about the data. Either way, handling outliers is a crucial step in the data preprocessing stage. If left unchecked, they can skew your analysis and even mess up your machine learning models.

In this article, we will dive into:

1. What outliers are and why they matter.

2. How to detect and remove outliers using the Interquartile Range (IQR) method.

3. Using the Z-score method for outlier detection and removal.

4. How the Percentile Method and Winsorization techniques can help handle outliers.

This guide will explain each method in simple terms with Python code examples so that even beginners can follow along.

1. What Are Outliers?

An outlier is a data point that lies far outside the range of most other values in your dataset. For example, in a list of incomes, most people might earn between $30,000 and $70,000, but someone earning $5,000,000 would be an outlier.

Why Are Outliers Important?

Outliers can be problematic or insightful:

Problematic Outliers: Errors in data entry, sensor faults, or sampling issues.

Insightful Outliers: They might indicate fraud, unusual trends, or new patterns.

Types of Outliers

1. Univariate Outliers: These are extreme values in a single variable.

Example: A temperature of 300°F in a dataset about room temperatures.

2. Multivariate Outliers: These involve unusual combinations of values in multiple variables.

Example: A person with an unusually high income but a very low age.

3. Contextual Outliers: These depend on the context.

Example: A high temperature in winter might be an outlier, but not in summer.

2. Outlier Detection and Removal Using the IQR Method

The Interquartile Range (IQR) method is one of the simplest ways to detect outliers. It works by identifying the middle 50% of your data and marking anything that falls far outside this range as an outlier.

Steps:

1. Calculate the 25th percentile (Q1) and 75th percentile (Q3) of your data.

2. Compute the IQR:

{IQR} = Q3 - Q1

Q1 - 1.5 \times \text{IQR}

Q3 + 1.5 \times \text{IQR} ] 4. Anything below the lower bound or above the upper bound is an outlier.

Python Example:

import pandas as pd

# Sample dataset

data = {'Values': [12, 14, 18, 22, 25, 28, 32, 95, 100]}

df = pd.DataFrame(data)

# Calculate Q1, Q3, and IQR

Q1 = df['Values'].quantile(0.25)

Q3 = df['Values'].quantile(0.75)

IQR = Q3 - Q1

# Define the bounds

lower_bound = Q1 - 1.5 * IQR

upper_bound = Q3 + 1.5 * IQR

# Identify and remove outliers

outliers = df[(df['Values'] < lower_bound) | (df['Values'] > upper_bound)]

print("Outliers:\n", outliers)

filtered_data = df[(df['Values'] >= lower_bound) & (df['Values'] <= upper_bound)]

print("Filtered Data:\n", filtered_data)

Key Points:

The IQR method is great for univariate datasets.

It works well when the data isn’t skewed or heavily distributed.

3. Outlier Detection and Removal Using the Z-Score Method

The Z-score method measures how far a data point is from the mean, in terms of standard deviations. If a Z-score is greater than a certain threshold (commonly 3 or -3), it is considered an outlier.

Formula:

Z = \frac{(X - \mu)}{\sigma}

 is the data point,

 is the mean of the dataset,

 is the standard deviation.

Python Example:

import numpy as np

# Sample dataset

data = {'Values': [12, 14, 18, 22, 25, 28, 32, 95, 100]}

df = pd.DataFrame(data)

# Calculate mean and standard deviation

mean = df['Values'].mean()

std_dev = df['Values'].std()

# Compute Z-scores

df['Z-Score'] = (df['Values'] - mean) / std_dev

# Identify and remove outliers

threshold = 3

outliers = df[(df['Z-Score'] > threshold) | (df['Z-Score'] < -threshold)]

print("Outliers:\n", outliers)

filtered_data = df[(df['Z-Score'] <= threshold) & (df['Z-Score'] >= -threshold)]

print("Filtered Data:\n", filtered_data)

Key Points:

The Z-score method assumes the data follows a normal distribution.

It may not work well with skewed datasets.

4. Outlier Detection Using the Percentile Method and Winsorization

Percentile Method:

In the percentile method, we define a lower percentile (e.g., 1st percentile) and an upper percentile (e.g., 99th percentile). Any value outside this range is treated as an outlier.

Winsorization:

Winsorization is a technique where outliers are not removed but replaced with the nearest acceptable value.

Python Example:

from scipy.stats.mstats import winsorize

import numpy as np

Sample data

data = [12, 14, 18, 22, 25, 28, 32, 95, 100]

Calculate percentiles

lower_percentile = np.percentile(data, 1)

upper_percentile = np.percentile(data, 99)

Identify outliers

outliers = [x for x in data if x < lower_percentile or x > upper_percentile]

print("Outliers:", outliers)

# Apply Winsorization

winsorized_data = winsorize(data, limits=[0.01, 0.01])

print("Winsorized Data:", list(winsorized_data))

Key Points:

Percentile and Winsorization methods are useful for skewed data.

Winsorization is preferred when data integrity must be preserved.

Final Thoughts

Outliers can be tricky, but understanding how to detect and handle them is a key skill in machine learning and data science. Whether you use the IQR method, Z-score, or Wins

orization, always tailor your approach to the specific dataset you’re working with.

By mastering these techniques, you’ll be able to clean your data effectively and improve the accuracy of your models.

[uditprajapati7685]

Pickl.AI offers a comprehensive approach to data science education through real-world case studies and practical projects. By working on industry-specific challenges, learners gain exposure to how data analysis, machine learning, and artificial intelligence are applied to solve business problems. The hands-on learning approach helps build technical expertise while developing critical thinking and problem-solving abilities. Pickl.AI’s programs are designed to prepare individuals for successful careers in the evolving data-driven job market, providing both theoretical knowledge and valuable project experience.

[akhandpratapsingh]

Why is Data Science related to Machine Learning?

Data Science and Machine learning — As the name suggests, both of them are inter-related, Ask me how? Well Data Science and Machine Learning are imperatively two main assets of the new-technology related world. In this realm, these two are the same halves of a whole learning. The machine learning acts as an important as well as essential vital ingredient in the data science models. However, both of them are having different responsibilities as well as jobs. Some of the major factors that are underlying that will help you to understand the realm of data science related to machine learning better, so let’s dive into their inter-connection -

1. Machine learning is a pivotal key point in Data Science — As the name suggests, the Data Science helps to extract data and insights from the toolbox. The Machine Learning in Data Science not only helps as a central process to provide algorithms to aid and identify patterns in data, however it can also help in making intelligent decisions or predictions without needing the explicit of any guidance and support.

2. Data Science uses Machine Learning to build up predictive Models — The imperative factor that helps and focuses on data science is making all related models that can easily help and anticipate trends or results. Apart from this, Machine Learning also allows all the data analysts and scientists to create and develop models that help to improve their reachability and performance as they analyze more insights and data. Hence, if you also want to learn more about ML or Data Science, and are looking forward to an end-to-end solution of the learning well has the better solution. To find more, please check out other courses, waiting for you!!

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https://www.excellencetechnology.in/chandigarh-center/

[datapeakbyfactr]

AI’s Role in Business Process Automation

Automation has come a long way from simply replacing manual tasks with machines. With AI stepping into the scene, business process automation is no longer just about cutting costs or speeding up workflows—it’s about making smarter, more adaptive decisions that continuously evolve. AI isn't just doing what we tell it; it’s learning, predicting, and innovating in ways that redefine how businesses operate. 

From hyperautomation to AI-powered chatbots and intelligent document processing, the world of automation is rapidly expanding. But what does the future hold?

What is Business Process Automation? 

Business Process Automation (BPA) refers to the use of technology to streamline and automate repetitive, rule-based tasks within an organization. The goal is to improve efficiency, reduce errors, cut costs, and free up human workers for higher-value activities. BPA covers a wide range of functions, from automating simple data entry tasks to orchestrating complex workflows across multiple departments. 

Traditional BPA solutions rely on predefined rules and scripts to automate tasks such as invoicing, payroll processing, customer service inquiries, and supply chain management. However, as businesses deal with increasing amounts of data and more complex decision-making requirements, AI is playing an increasingly critical role in enhancing BPA capabilities. 

AI’s Role in Business Process Automation 

AI is revolutionizing business process automation by introducing cognitive capabilities that allow systems to learn, adapt, and make intelligent decisions. Unlike traditional automation, which follows a strict set of rules, AI-driven BPA leverages machine learning, natural language processing (NLP), and computer vision to understand patterns, process unstructured data, and provide predictive insights. 

Here are some of the key ways AI is enhancing BPA: 

Self-Learning Systems: AI-powered BPA can analyze past workflows and optimize them dynamically without human intervention. 

Advanced Data Processing: AI-driven tools can extract information from documents, emails, and customer interactions, enabling businesses to process data faster and more accurately. 

Predictive Analytics: AI helps businesses forecast trends, detect anomalies, and make proactive decisions based on real-time insights. 

Enhanced Customer Interactions: AI-powered chatbots and virtual assistants provide 24/7 support, improving customer service efficiency and satisfaction. 

Automation of Complex Workflows: AI enables the automation of multi-step, decision-heavy processes, such as fraud detection, regulatory compliance, and personalized marketing campaigns. 

As organizations seek more efficient ways to handle increasing data volumes and complex processes, AI-driven BPA is becoming a strategic priority. The ability of AI to analyze patterns, predict outcomes, and make intelligent decisions is transforming industries such as finance, healthcare, retail, and manufacturing. 

“At the leading edge of automation, AI transforms routine workflows into smart, adaptive systems that think ahead. It’s not about merely accelerating tasks—it’s about creating an evolving framework that continuously optimizes operations for future challenges.”

— Emma Reynolds, CTO of QuantumOps

Trends in AI-Driven Business Process Automation 

1. Hyperautomation 

Hyperautomation, a term coined by Gartner, refers to the combination of AI, robotic process automation (RPA), and other advanced technologies to automate as many business processes as possible. By leveraging AI-powered bots and predictive analytics, companies can automate end-to-end processes, reducing operational costs and improving decision-making. 

Hyperautomation enables organizations to move beyond simple task automation to more complex workflows, incorporating AI-driven insights to optimize efficiency continuously. This trend is expected to accelerate as businesses adopt AI-first strategies to stay competitive. 

2. AI-Powered Chatbots and Virtual Assistants 

Chatbots and virtual assistants are becoming increasingly sophisticated, enabling seamless interactions with customers and employees. AI-driven conversational interfaces are revolutionizing customer service, HR operations, and IT support by providing real-time assistance, answering queries, and resolving issues without human intervention. 

The integration of AI with natural language processing (NLP) and sentiment analysis allows chatbots to understand context, emotions, and intent, providing more personalized responses. Future advancements in AI will enhance their capabilities, making them more intuitive and capable of handling complex tasks. 

3. Process Mining and AI-Driven Insights 

Process mining leverages AI to analyze business workflows, identify bottlenecks, and suggest improvements. By collecting data from enterprise systems, AI can provide actionable insights into process inefficiencies, allowing companies to optimize operations dynamically. 

AI-powered process mining tools help businesses understand workflow deviations, uncover hidden inefficiencies, and implement data-driven solutions. This trend is expected to grow as organizations seek more visibility and control over their automated processes. 

4. AI and Predictive Analytics for Decision-Making 

AI-driven predictive analytics plays a crucial role in business process automation by forecasting trends, detecting anomalies, and making data-backed decisions. Companies are increasingly using AI to analyze customer behaviour, market trends, and operational risks, enabling them to make proactive decisions. 

For example, in supply chain management, AI can predict demand fluctuations, optimize inventory levels, and prevent disruptions. In finance, AI-powered fraud detection systems analyze transaction patterns in real-time to prevent fraudulent activities. The future of BPA will heavily rely on AI-driven predictive capabilities to drive smarter business decisions. 

5. AI-Enabled Document Processing and Intelligent OCR 

Document-heavy industries such as legal, healthcare, and banking are benefiting from AI-powered Optical Character Recognition (OCR) and document processing solutions. AI can extract, classify, and process unstructured data from invoices, contracts, and forms, reducing manual effort and improving accuracy. 

Intelligent document processing (IDP) combines AI, machine learning, and NLP to understand the context of documents, automate data entry, and integrate with existing enterprise systems. As AI models continue to improve, document processing automation will become more accurate and efficient. 

Going Beyond Automation

The future of AI-driven BPA will go beyond automation—it will redefine how businesses function at their core. Here are some key predictions for the next decade: 

Autonomous Decision-Making: AI systems will move beyond assisting human decisions to making autonomous decisions in areas such as finance, supply chain logistics, and healthcare management. 

AI-Driven Creativity: AI will not just automate processes but also assist in creative and strategic business decisions, helping companies design products, create marketing strategies, and personalize customer experiences. 

Human-AI Collaboration: AI will become an integral part of the workforce, working alongside employees as an intelligent assistant, boosting productivity and innovation. 

Decentralized AI Systems: AI will become more distributed, with businesses using edge AI and blockchain-based automation to improve security, efficiency, and transparency in operations. 

Industry-Specific AI Solutions: We will see more tailored AI automation solutions designed for specific industries, such as AI-driven legal research tools, medical diagnostics automation, and AI-powered financial advisory services. 

AI is no longer a futuristic concept—it’s here, and it’s already transforming the way businesses operate. What’s exciting is that we’re still just scratching the surface. As AI continues to evolve, businesses will find new ways to automate, innovate, and create efficiencies that we can’t yet fully imagine. 

But while AI is streamlining processes and making work more efficient, it’s also reshaping what it means to be human in the workplace. As automation takes over repetitive tasks, employees will have more opportunities to focus on creativity, strategy, and problem-solving. The future of AI in business process automation isn’t just about doing things faster—it’s about rethinking how we work all together.

Learn more about DataPeak:

[furryreviewdreamland]

Data-Driven Decision Making improves strategies, boosts efficiency and drives business success with accurate insights and informed choices.

[datascienceunicorn]

HT @dataelixir

[truetechreview]

Ultimate Guide to DeepSeek AI for Business Growth

Table of Contents of DeepSeek AI for Business Growth1. Introduction: Why AI is Essential for Modern Business Growth2. What Is DeepSeek AI?3. Top 5 DeepSeek AI Tools for Scaling Businesses3.1 Demand Forecasting Engine3.2 Customer Lifetime Value (CLV) Predictor3.3 Automated Supply Chain Optimizer3.4 Dynamic Pricing Module3.5 Sentiment Analysis Hub4. How DeepSeek AI Reduces Costs and Boosts…

[jcmarchi]

French initiative for responsible AI leaders - AI News

New Post has been published on https://thedigitalinsider.com/french-initiative-for-responsible-ai-leaders-ai-news/

French initiative for responsible AI leaders - AI News

ESSEC Business School and Accenture have announced the launch of a new initiative, ‘AI for Responsible Leadership,’ which marks the 10th anniversary of the establishment of the role of Chair at ESSEC, titled the ESSEC Accenture Strategic Business Analytics Chair.

The initiative aims to encourage the use of artificial intelligence by leaders in ways that are responsible and ethical, and that lead to high levels of professional performance. It aims to provide current and future leaders with the skills they require when faced with challenges in the future; economic, environmental, or social.

Several organisations support the initiative, including institutions, businesses, and specialised groups, including ESSEC Metalab for Data, Technology & Society, and Accenture Research.

Executive Director of the ESSEC Metalab, Abdelmounaim Derraz, spoke of the collaboration, saying, “Technical subjects are continuing to shake up business schools, and AI has opened up opportunities for collaboration between partner companies, researchers, and other members of the ecosystem (students, think tanks, associations, [and] public service).”

ESSEC and Accenture aim to integrate perspectives from multiple fields of expertise, an approach that is a result of experimentation in the decade the Chair has existed.

The elements of the initiative include workshops and talks designed to promote the exchange of knowledge and methods. It will also include a ‘barometer’ to help track AI’s implementation and overall impact on responsible leadership.

The initiative will engage with a network of institutions and academic publications, and an annual Grand Prix will recognise projects that focus on and explore the subject of AI and leadership.

Fabrice Marque, founder of the initiative and the current ESSEC Accenture Strategics Business Analytics Chair, said, “For years, we have explored the potential of using data and artificial intelligence in organisations. The synergies we have developed with our partners (Accenture, Accor, Dataiku, Engie, Eurofins, MSD, Orange) allowed us to evaluate and test innovative solutions before deploying them.

“With this initiative, we’re taking a major step: bringing together an engaged ecosystem to sustainably transform how leaders think, decide, and act in the face of tomorrow’s challenges. Our ambition is clear: to make AI a lever for performance, innovation and responsibility for […] leaders.”

Managing Director at Accenture and sponsor of the ESSEC/Accenture Chair and initiative, Aurélien Bouriot, said, “The ecosystem will benefit from the resources that Accenture puts at its disposal, and will also benefit our employees who participate.”

Laetitia Cailleteau, Managing Director at Accenture and leader of Responsible AI & Generative AI for Europe, highlighted the importance of future leaders understanding all aspects of AI.

“AI is a pillar of the ongoing industrial transformation. Tomorrow’s leaders must understand the technical, ethical, and human aspects and risks – and know how to manage them. In this way, they will be able to maximise value creation and generate a positive impact for the organisation, its stakeholders and society as a whole.”

Image credit: Wikimedia Commons

See also: Microsoft and OpenAI probe alleged data theft by DeepSeek

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[rise2research]

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