The Data Industry

The Data Industry
Author: Chunlei Tang
Publsiher: John Wiley & Sons
Total Pages: 217
Release: 2016-06-13
Genre: Mathematics
ISBN: 9781119138402

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Provides an introduction of the data industry to the field of economics This book bridges the gap between economics and data science to help data scientists understand the economics of big data, and enable economists to analyze the data industry. It begins by explaining data resources and introduces the data asset. This book defines a data industry chain, enumerates data enterprises’ business models versus operating models, and proposes a mode of industrial development for the data industry. The author describes five types of enterprise agglomerations, and multiple industrial cluster effects. A discussion on the establishment and development of data industry related laws and regulations is provided. In addition, this book discusses several scenarios on how to convert data driving forces into productivity that can then serve society. This book is designed to serve as a reference and training guide for ata scientists, data-oriented managers and executives, entrepreneurs, scholars, and government employees. Defines and develops the concept of a “Data Industry,” and explains the economics of data to data scientists and statisticians Includes numerous case studies and examples from a variety of industries and disciplines Serves as a useful guide for practitioners and entrepreneurs in the business of data technology The Data Industry: The Business and Economics of Information and Big Data is a resource for practitioners in the data science industry, government, and students in economics, business, and statistics. CHUNLEI TANG, Ph.D., is a research fellow at Harvard University. She is the co-founder of Fudan’s Institute for Data Industry and proposed the concept of the “data industry”. She received a Ph.D. in Computer and Software Theory in 2012 and a Master of Software Engineering in 2006 from Fudan University, Shanghai, China.

Computing with Data

Computing with Data
Author: Guy Lebanon,Mohamed El-Geish
Publsiher: Springer
Total Pages: 576
Release: 2018-11-28
Genre: Computers
ISBN: 9783319981499

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This book introduces basic computing skills designed for industry professionals without a strong computer science background. Written in an easily accessible manner, and accompanied by a user-friendly website, it serves as a self-study guide to survey data science and data engineering for those who aspire to start a computing career, or expand on their current roles, in areas such as applied statistics, big data, machine learning, data mining, and informatics. The authors draw from their combined experience working at software and social network companies, on big data products at several major online retailers, as well as their experience building big data systems for an AI startup. Spanning from the basic inner workings of a computer to advanced data manipulation techniques, this book opens doors for readers to quickly explore and enhance their computing knowledge. Computing with Data comprises a wide range of computational topics essential for data scientists, analysts, and engineers, providing them with the necessary tools to be successful in any role that involves computing with data. The introduction is self-contained, and chapters progress from basic hardware concepts to operating systems, programming languages, graphing and processing data, testing and programming tools, big data frameworks, and cloud computing. The book is fashioned with several audiences in mind. Readers without a strong educational background in CS--or those who need a refresher--will find the chapters on hardware, operating systems, and programming languages particularly useful. Readers with a strong educational background in CS, but without significant industry background, will find the following chapters especially beneficial: learning R, testing, programming, visualizing and processing data in Python and R, system design for big data, data stores, and software craftsmanship.

Machine Learning and Data Science in the Power Generation Industry

Machine Learning and Data Science in the Power Generation Industry
Author: Patrick Bangert
Publsiher: Elsevier
Total Pages: 276
Release: 2021-01-14
Genre: Technology & Engineering
ISBN: 9780128226001

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Machine Learning and Data Science in the Power Generation Industry explores current best practices and quantifies the value-add in developing data-oriented computational programs in the power industry, with a particular focus on thoughtfully chosen real-world case studies. It provides a set of realistic pathways for organizations seeking to develop machine learning methods, with a discussion on data selection and curation as well as organizational implementation in terms of staffing and continuing operationalization. It articulates a body of case study–driven best practices, including renewable energy sources, the smart grid, and the finances around spot markets, and forecasting. Provides best practices on how to design and set up ML projects in power systems, including all nontechnological aspects necessary to be successful Explores implementation pathways, explaining key ML algorithms and approaches as well as the choices that must be made, how to make them, what outcomes may be expected, and how the data must be prepared for them Determines the specific data needs for the collection, processing, and operationalization of data within machine learning algorithms for power systems Accompanied by numerous supporting real-world case studies, providing practical evidence of both best practices and potential pitfalls

Big Data Applications in Industry 4 0

Big Data Applications in Industry 4 0
Author: P. Kaliraj,T. Devi
Publsiher: CRC Press
Total Pages: 446
Release: 2022-02-10
Genre: Computers
ISBN: 9781000537666

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Industry 4.0 is the latest technological innovation in manufacturing with the goal to increase productivity in a flexible and efficient manner. Changing the way in which manufacturers operate, this revolutionary transformation is powered by various technology advances including Big Data analytics, Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing. Big Data analytics has been identified as one of the significant components of Industry 4.0, as it provides valuable insights for smart factory management. Big Data and Industry 4.0 have the potential to reduce resource consumption and optimize processes, thereby playing a key role in achieving sustainable development. Big Data Applications in Industry 4.0 covers the recent advancements that have emerged in the field of Big Data and its applications. The book introduces the concepts and advanced tools and technologies for representing and processing Big Data. It also covers applications of Big Data in such domains as financial services, education, healthcare, biomedical research, logistics, and warehouse management. Researchers, students, scientists, engineers, and statisticians can turn to this book to learn about concepts, technologies, and applications that solve real-world problems. Features An introduction to data science and the types of data analytics methods accessible today An overview of data integration concepts, methodologies, and solutions A general framework of forecasting principles and applications, as well as basic forecasting models including naïve, moving average, and exponential smoothing models A detailed roadmap of the Big Data evolution and its related technological transformation in computing, along with a brief description of related terminologies The application of Industry 4.0 and Big Data in the field of education The features, prospects, and significant role of Big Data in the banking industry, as well as various use cases of Big Data in banking, finance services, and insurance Implementing a Data Lake (DL) in the cloud and the significance of a data lake in decision making

Data Analytics Applied to the Mining Industry

Data Analytics Applied to the Mining Industry
Author: Ali Soofastaei
Publsiher: CRC Press
Total Pages: 232
Release: 2020-11-12
Genre: Computers
ISBN: 9780429781766

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Data Analytics Applied to the Mining Industry describes the key challenges facing the mining sector as it transforms into a digital industry able to fully exploit process automation, remote operation centers, autonomous equipment and the opportunities offered by the industrial internet of things. It provides guidelines on how data needs to be collected, stored and managed to enable the different advanced data analytics methods to be applied effectively in practice, through use of case studies, and worked examples. Aimed at graduate students, researchers, and professionals in the industry of mining engineering, this book: Explains how to implement advanced data analytics through case studies and examples in mining engineering Provides approaches and methods to improve data-driven decision making Explains a concise overview of the state of the art for Mining Executives and Managers Highlights and describes critical opportunity areas for mining optimization Brings experience and learning in digital transformation from adjacent sectors

Machine Learning and Data Science in the Oil and Gas Industry

Machine Learning and Data Science in the Oil and Gas Industry
Author: Patrick Bangert
Publsiher: Gulf Professional Publishing
Total Pages: 290
Release: 2021-03-04
Genre: Science
ISBN: 9780128209141

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Machine Learning and Data Science in the Oil and Gas Industry explains how machine learning can be specifically tailored to oil and gas use cases. Petroleum engineers will learn when to use machine learning, how it is already used in oil and gas operations, and how to manage the data stream moving forward. Practical in its approach, the book explains all aspects of a data science or machine learning project, including the managerial parts of it that are so often the cause for failure. Several real-life case studies round out the book with topics such as predictive maintenance, soft sensing, and forecasting. Viewed as a guide book, this manual will lead a practitioner through the journey of a data science project in the oil and gas industry circumventing the pitfalls and articulating the business value. Chart an overview of the techniques and tools of machine learning including all the non-technological aspects necessary to be successful Gain practical understanding of machine learning used in oil and gas operations through contributed case studies Learn change management skills that will help gain confidence in pursuing the technology Understand the workflow of a full-scale project and where machine learning benefits (and where it does not)

A Practical Guide to Data Mining for Business and Industry

A Practical Guide to Data Mining for Business and Industry
Author: Andrea Ahlemeyer-Stubbe,Shirley Coleman
Publsiher: John Wiley & Sons
Total Pages: 328
Release: 2014-03-31
Genre: Mathematics
ISBN: 9781118763377

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Data mining is well on its way to becoming a recognized discipline in the overlapping areas of IT, statistics, machine learning, and AI. Practical Data Mining for Business presents a user-friendly approach to data mining methods, covering the typical uses to which it is applied. The methodology is complemented by case studies to create a versatile reference book, allowing readers to look for specific methods as well as for specific applications. The book is formatted to allow statisticians, computer scientists, and economists to cross-reference from a particular application or method to sectors of interest.

The Data Industry

The Data Industry
Author: Chunlei Tang
Publsiher: John Wiley & Sons
Total Pages: 216
Release: 2016-05-03
Genre: Mathematics
ISBN: 9781119138426

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Provides an introduction of the data industry to the field of economics This book bridges the gap between economics and data science to help data scientists understand the economics of big data, and enable economists to analyze the data industry. It begins by explaining data resources and introduces the data asset. This book defines a data industry chain, enumerates data enterprises’ business models versus operating models, and proposes a mode of industrial development for the data industry. The author describes five types of enterprise agglomerations, and multiple industrial cluster effects. A discussion on the establishment and development of data industry related laws and regulations is provided. In addition, this book discusses several scenarios on how to convert data driving forces into productivity that can then serve society. This book is designed to serve as a reference and training guide for ata scientists, data-oriented managers and executives, entrepreneurs, scholars, and government employees. Defines and develops the concept of a “Data Industry,” and explains the economics of data to data scientists and statisticians Includes numerous case studies and examples from a variety of industries and disciplines Serves as a useful guide for practitioners and entrepreneurs in the business of data technology The Data Industry: The Business and Economics of Information and Big Data is a resource for practitioners in the data science industry, government, and students in economics, business, and statistics. CHUNLEI TANG, Ph.D., is a research fellow at Harvard University. She is the co-founder of Fudan’s Institute for Data Industry and proposed the concept of the “data industry”. She received a Ph.D. in Computer and Software Theory in 2012 and a Master of Software Engineering in 2006 from Fudan University, Shanghai, China.