data science life cycle

  Many people ask me, what is data science? If you asked this question to different data scientists, you’d probably get a range of different answers. Not only is the field so interdisciplinary, but the job market is also demanding different sets of skills from the data scientist in different job roles. Depending on the nature of their work, you could find a data scientist whose most time is spent on researching and coming up with new theories for the existing tasks, or even those who would come up with a completely new theory (Convolutional/Recurrent Neural Nets, I’m sure someone out there is probably working towards coming up with X Neural Net that might someday blow away these existing models).[…]

Business management is changing with the rise of knowledge economy and the effects of globalisation across the world. There are a number of reasons for the persistent challenges that students face at the time of employment. The gap between theoretical knowledge and the practice of skills is widening. The industry can play a direct or indirect role in addressing the root cause for this widening gap. At this juncture, ‘Industry Connect’ (i-Connect) for Business Management students is emerging as a useful and usable model that bridges the gap between academic business  school research and knowledge needs of practicing managers. What i-connect provides: i-Connect envisages industry collaboration with universities and colleges to help design, develop and deliver modules for training students[…]

In recent times, people have started realizing the need to find the perfect aptitude-career fitment, which increases your chances for professional success.  The question now, is how to know if a career falls in sync with one’s aptitude(s). Here are five easy ways to do that: Build your knowledge on career and skill sets The first step is to do your own research to gain some perspective into the kind of activities a professional does in his/her career. Find out which skill sets are used in which professions. Information like this is freely available on the web, or you may speak to different people about it. Once you have identified some key skills that relate with a career, ask yourself[…]

The ability to be a lifelong learner is an important trait that distinguishes successful professionals from mediocre. No matter how good you are at your work, there will still be things you do not know or need to become better at. With new information, skills and technological manoeuvres being added to every field at a rapid pace today, the importance of lifelong learning has only increased. Many corporate professionals realise this the wrong way. Static skills will turn you into a job market dinosaur In the rapidly changing corporate landscape, staying static in your skills and behavioural abilities can make you a dinosaur in your own world, sooner than you would imagine. Staying relevant to your time as you move[…]

Today, India is one of the world’s top destinations for education. With some of the best colleges and universities, it is renowned for its excellence and high standards. What’s even more interesting is how technology has advanced rapidly to transform the way students in India consume educational content. Additionally, the penetration of internet-based smartphones is taking quality learning to students across geographies in India. Today, little children are watching their favorite cartoons and learning pictorial rhymes on the same device. Education is being imparted to them through flexible and non-intrusive formats. As a consequence, students across all age groups are discovering the joys of learning and having fun while at it. There has been a noticeable shift in the perception[…]

Companies rely a lot on digital data in today’s day and age. Data helps them get insights, present facts and figures in a more composite and understandable manner, and also make predictions on the basis of information available. It is no surprise that technology recruiters today look for skills in data visualisation, data science, and machine learning. As per IIA, big data analytics tools will be the first line of defense, combining machine learning, text mining and ontology modeling to provide holistic and integrated security threat prediction, detection, and deterrence and prevention programmes. An ocean of opportunities Big data and analytics courses have been the big growth drivers in the past three years. An increasing number of professionals are signing[…]

Globally, women have always been the oppressed sex, often on the basis of physical strength, emotional inclination or preconceived gender roles. During the 1960s, the women’s lib movement in developed countries like the US and UK saw a definitive thrust in the direction of gender equality and the rise of feminism. Women in homes, factories and offices grew into stronger roles and made it clear that they are not weak. Can the organizations of today progress further in becoming women-friendly? Here are a few steps companies can take to welcome women employees: 1. A target gender ratio is a common starting point for companies across sectors. Some industries may have a higher ratio than others but there should be a stated aim that[…]

Advances in information technology, robotics and artificial intelligence are disrupting business models worldwide and triggering macro-economic shifts. As certain technologies mature and automation helps innovation flourish to bring cost savings, engineering talent needs to be trained and exposed to international experiences. The profession has become global in nature over the years with major companies having presence in various countries to reach more markets and leverage local workforce for operational efficiencies. New-age skills also make a person receptive to world-class standards of safety and quality. Rise in demand for engineers with multi-cultural exposure: Coming years will see a core need for engineers who are able to work in a diverse, multi-national, multi-disciplinary environment that sparks innovation and creative thinking. It is[…]

Working at a startup is like building a plane while it is in the air. It needs all of three – skill set, mind set and tool set. Startups look for candidates who are willing to work extra hours, ready to wear multiple hats, who are prepared for new challenges and uncertainties every day and are highly self-driven. The current year is not looking as bright as 2014 and 2015, as the focus of founders of some of the startups in early stage and growth mode have shifted from recruitment and marketing to customer satisfaction. As a result many companies have slowed down hiring and in some cases are deferring joining dates. The rules of this game are changing quickly.[…]

Corporate hiring plans for 2017 point to robust employment opportunities for graduates of MBA and business master’s programmes, according to a new employer survey report from the Graduate Management Admission Council (GMAC). MBA graduates in demand Globally, 86 per cent of companies plan to hire recent MBA graduates this year, up from 79 per cent that hired them in 2016. Demand for these MBA graduates is strongest in the United States and Asia-Pacific, where 9 in 10 companies plan to hire these candidates. “Despite the political uncertainty about the status of immigration and work visas in the United States and other parts of the world, companies are keen to hire graduates from this year’s MBA and business master’s programmes, including[…]