Tag: Data

science in the news

In-depth Analysis of the Data Science Platform Market

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Pune, New York, USA, November 26 2020 (Wiredrelease) Research Dive :Over the last decade, data science has been rapidly progressing both as a technology and as a discipline. Best practices have been created by the leading businesses and it is now becoming part of the operational core for organizations. However, there is a need for a next step for product evolution in data science platform that supports and provides both business users an integrated solution for managing, building, and optimizing predictive models.

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Nowadays, data science platform is the most talked about topic in data science meet-ups, conferences, and top publications. According to a Research Dive analyst review, the concept of data science platform is

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technology

How Ubiq Security uses APIs to simplify data protection

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As cyberthreats continue to multiply, startups with tools to protect data are in high demand. But companies are now facing the growing complexity of managing security across their various data sources.

San Diego-based Ubiq Security believes APIs could play a key role in simplifying this task. The company hopes to encourage more developers and enterprises to build security directly into applications rather than looking for other services to plug the holes.

“How do you take the messy and complicated world of encryption and distill it down to a consumable, bite-sized chunk?” asked Ubiq CEO Wias Issa. “We built an entirely API-based platform that enables any developer of any skill set to be able to integrate encryption directly into an application without having any prior cryptography experience.”

Issa is a security veteran and said companies have generally been focused on security for their data storage systems. When they start layering applications

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technology articles

Facebook to reimburse some advertisers after miscalculating effectiveness data

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LONDON — Facebook is repaying some advertisers after misreporting one of the measures of their ads’ likely effectiveness over the course of a year.

The company’s “conversion lift” tool suffered a glitch that reportedly affected thousands of ads between August 2019 and August 2020.

Facebook fixed the error in September and is now offering a credit to clients “meaningfully affected” by the bug.

Conversion lift helps brands understand how ads lead to sales, using a “gold-standard methodology” that links ads on Facebook’s platforms, including Instagram, to business performance, according to an explanation of the tool on Facebook’s website.

The free tool shows ads to separate test and control groups and then compares sales conversions for each. Then, based on the results of the study, an advertiser can decide how much to spend on the social network.

But advertisers were only alerted to the error this month, according to a report

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science and technology

Using Agile with a Data Science Team

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Agile helped a data science team to better collaborate with their stakeholders and increase their productivity. As priorities became clear, the team was able to focus and deliver. Buy-in of the data science team by taking them through a journey of agile was crucial to making it work.

Snigdha Satti, a product owner and senior business analyst at News UK, shared her experiences from using agile with a data science team at Agile Tour London 2020.

When starting her assignment with the data science team, Satti mentioned that the first thing she did was to speak to each and every member of the team and their stakeholders to understand each individual’s pain points:

It was quite clear that the team didn’t have a clear direction and motivation, which led to loss in productivity and eventually missing the deadlines. Similarly, stakeholders were frustrated that things were being promised but not

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technology articles

Equinix to spend $55m on third Osaka data centre

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Equinix’s HK4 colocation hall in Hong Kong


Image: Equinix

Equinix has announced plans to build a third International Business Exchange (IBX) data centre in Osaka, Japan.

The facility, to be known as OS3, will be the company’s 14th in the country, with 11 already in Tokyo.

Equinix said the additional Osaka data centre comes as the region has become a hub for startup companies and innovation. 

“It is gearing up to become Japan’s next international financial centre and drive the growth of the digital economy,” the company added. “With numerous businesses related to energy, healthcare and medical services, and manufacturing, Osaka has evolved to become a prime location for data centres in Japan, the second largest following Tokyo.”

The company said OS3 will offer close proximity to major internet and peering exchanges and an ecosystem of network, cloud, and digital content providers. It will also offer direct, low-latency connections to

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new technology

EU plans to open data to sharing in bid to rival Asia and U.S.

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BRUSSELS (Reuters) – In an effort to avoid EU firms and citizens relying on data from Asian and U.S rivals, the European Commission is proposing new rules to allow sharing of public and personal data with businesses and research organisations.

FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium August 21, 2020. REUTERS/Yves Herman

The European Union executive hopes that this could lead to improvements ranging from personalised health treatments, to better tackling climate change or developing precision farming techniques.

“Data should be accessible and the sharing of such data should be secure,” European Commission Vice-President Margrethe Vestager told a news briefing on Wednesday.

The Commission proposed a new model based on the neutrality and transparency of so-called “data intermediaries,” which would organise data sharing or pooling, to increase trust.

“For data to circulate, we need (people) to have confidence,” EU industry chief Thierry Breton

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new technology

EU plans new rules giving Europeans more control of data

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The European Union is laying out new standards for data giving Europeans more control over their personal information as part of efforts to counter the power of U.S. and Chinese tech companies

November 25, 2020, 2:37 PM

2 min read

LONDON — The European Union is laying out new standards for data giving Europeans more control over their personal information as it seeks to counter the power of U.S. and Chinese tech companies.

The EU’s executive Commission on Wednesday proposed new rules on the handling of data that would aim to give people, businesses and government bodies the confidence to share their information in a European data market.

The proposed legislation would would spell out how industrial and government data – normally off limits because of intellectual property rights, commercial confidentiality or privacy rights –

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new technology

Data Sheet on Global Blockchain Technology Market 2020 Scenario, Development Status, Opportunity, and Industry Expansion Strategies 2023

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The MarketWatch News Department was not involved in the creation of this content.

Nov 25, 2020 (AmericaNewsHour) —
Market Synopsis

The Data Sheet on Global Blockchain Technology Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.

Increasing applications in sectors like Banking and Financial Services, Healthcare, Supply Chain Management, Energy, Media, and Informatics, among others, will enable the growth of the Blockchain technology market.

The global market for Blockchain technology will expand at a CAGR of 42.8% to

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technology articles

Comcast Is Imposing Data Caps and Will Charge Customers Who Exceed Them

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Figuring out how to work from home is challenging. It’s hard enough figuring out how to balance all of the things that go into work, and a family, and everything else that occupies our lives. Add to that a pandemic, and the fact that we’re now doing all of those things from home, and it can quickly get overwhelming.

One of the saving graces has been that many companies recognized the challenges people faced, and did what they could–within their own power–to alleviate those challenges where they could. For example, Zoom has removed the 40-minute time limit on free meetings for Thanksgiving. Other technology companies made versions of their software available for free.

Even Comcast, the country’s largest cable provider, had previously suspended data caps back in March. That was helpful considering how many of us were working from home while-;in many cases-;also trying to help children stay connected to

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technology

Comcast sets data caps for D.C., Northeast states

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Comcast initially responded to this trend by giving people relief from data caps, which have already been in place across the central and western U.S. for a few years. That reprieve ended in July, and now the company is expanding its controversial data thresholds to the new region starting next year.

Comcast Xfinity customers in New York, Virginia, Maryland and 11 other northeastern states, plus D.C., will be able to use up to 1.2 terabytes of data each month before they start getting charged more, regardless of what speed plan they use. After that, data will be charged at $10 for 50 gigabytes, up to a maximum of $100 additional each month.

Comcast says with that much data, you could stream five hours of 4K video every day for a month, or take part in 3,500 hours of video conferencing.

“I would think that companies should never be implementing nickel-and-diming

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