Data science is a method for transforming business data into assets that help organizations improve revenue, reduce costs, seize business opportunities, improve customer experience, and more. What is data science? Data science is a method for gleaning insights from structured and unstructured data using approaches ranging from statistical analysis to machine learning. For most organizations, data science is employed to transform data into value that might come in the form improved revenue, reduced costs, business agility, improved customer experience, the development of new products, and the like. “The amount of data you can grab, if you want, is immense, but if you’re not doing anythingRead More →

The convergence of property and technology Asia is at the forefront of ‘proptech’, which harnesses the power of big data, drones and AI to revolutionize the way we buy, sell and think about property. A drone the size of one’s palm buzzes 50 metres up a skyscraper in downtown Singapore. Tracing the contours of the building, the machine scans for cracks and records the temperature of the building’s façade as it makes its ascent. Sitting in a room 5 kilometres away, a man sees a live feed from the drone’s camera on his desktop screen. He analyses the data and combines it with information collectedRead More →

The Internet of Things, big data and artificial intelligence/machine learning are helping to transform the transport industry. Every part of the transportation industry is impacted with the result of safer, more efficient and smarter transportation systems. Self-driving cars By 2020, it is expected that 10 million self-driving cars will be on the road while there will be more than 250 million smart cars—cars connected to high-tech networks—sharing the road with them. There are already self-driving features on several vehicles that are available today thanks to Tesla, Mercedes and BMW. We can send our gratitude for this innovation to machine learning and the complex system of sensors, cameras andRead More →