“According to QuantHub, there was a data scientist shortage of 250,000 people in 2020. Augmented analytics tools offer the promise of addressing some of these shortfalls by making the technology more accessible to non-data scientists. Genpact, a business transformation consulting firm spun off from GE in 2005, is doing exactly that. To date, around 70,000…
Tag: data scientist
Ditch the data scientists and weaponize your data with AI tech (VB Live)
‘”Data scientists are all about the quality of the model, tuning it and getting two percent more or 50 basis points — that’s what gets them really excited,’ Butler says. ‘But if you’re a business line owner or you’re running a $100 million renewal business, it doesn’t need to be 99.9998 percent correct. I want…
Data translators a big draw as companies make shift to large scale AI
“Even though the data boom is relatively a recent phenomenon, around 90 per cent of the world’s data has been generated in the past two years only. However, in terms of usage, firms have only been able to scratch the surface by harnessing less than 1 per cent of those to extract useful insights. The…
Walmart turns to Flipkart for tech
“In fact, Flipkart’s AI for India initiative was run by Sachin, who moved out of Flipkart right after the acquisition by Walmart. Flipkart already has more than 50 data scientists and is training another 100 of them. Hiring, too, is on. It is expected to have more than 250 data scientists and AI experts in…