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Day: November 11, 2021

How do cloud, Blockchain, and IoT enable innovation within industries?

Posted on by Imarticus Learning

The future of business may be coming sooner than you think. The cloud, Blockchain, and Internet of Things (IoT) all share a common goal: to make the world more intelligent. These technologies are causing disruptions in every industry imaginable by enabling new business models that were previously unthinkable or unfeasible.

Although these technologies have similar goals, they do not necessarily work together or are mutually exclusive. This blog post will discuss how three emerging technologies–the cloud, Blockchain, and IoT–can enable innovation within industries.

What is cloud computing?

Cloud computing course enables users to access shared resources, information, and software online. It allows you to store files on a third-party server that you can access from anywhere with an appropriate internet connection.

This technology has numerous advantages over traditional business models, which include:

  • Lower costs-Cloud computing enables users to access all the software they need without purchasing each across multiple devices.
  • Better mobility and accessibility-Cloud technology ensure that workers can access applications, information, and files from anywhere through their mobile devices.
  • Data security– Backing up data in a cloud server provides more protection than storing files offline, which is a risk of being lost or stolen.
  • Flexibility and scalability-The cloud allow users to access or add more resources as they need them, which can help your business grow.

What is Blockchain?

It’s a decentralized system that records and verifies transactions or interactions between two parties. Blockchain, originally designed as the accounting backbone for Bitcoin, allows participants to keep track of digital interactions without an intermediary. It’s composed of a “chain” of verified transactions stored in “blocks.” It means that the transactions are transparent, incorruptible, and encrypted.

What are some of the benefits of Blockchain?

  • Transparency-Blockchain enables users to track each digital interaction throughout the supply chain, making it more transparent and reducing costs along the way.
  • Security-Transactions are encrypted and cannot be manipulated, which eliminates the risk of fraud or data tampering.
  • Accuracy– As the Blockchain system stores information in chronological order, it’s easy to keep track of changes with each transaction.

How IoT works, and what industries can benefit from it?

IoT stands for “Internet of Things,” It enables machines to be connected to the internet and interact with one another. These “things” could be anything from smartphones, cars, and household appliances.

IoT is currently disrupting several industries, including healthcare, manufacturing, and transportation. IoT allows users to analyze, optimize and automate processes to increase productivity without adding extra costs.

Some of the industries where IoT can have the most impact are listed below:

  • Hospitals can use IoT to monitor patients’ health 24 hours a day and ensure that they receive the best treatment in time.
  • In the manufacturing industry, IoT enables manufacturers to improve efficiency and reduce production costs.
  • The transportation and logistics industry can also take advantage of IoT as it allows drivers to optimize their time and routes.

Explore and Learn with Imarticus Learning

This Online  Software Engineering course for IOT & Cloud computing and Blockchain collaborates with E&ICT Academy, IIT Guwahati, and industry experts to give aspiring Software Engineers the most pleasing learning experience possible.

cloud, blockchain and IoT courses by E&ICT Academy, IIT GuwahatiSome course USP:

  • This cloud DevOps engineer course for students is with placement assurance aid the students to learn job-relevant skills.
  • Impress employers & showcase skills with the certification in Software Engineering endorsed by India’s most prestigious academic collaborations.
  • World-Class Academic Professors to learn from through live online sessions and discussions.

How Data Scientists Make Data-Driven Decisions using Logistic Regression

Posted on by Imarticus Learning

A data scientist is a person who uses statistics and information technology to analyze data, identify patterns, and generate insights. They use sophisticated algorithms for these purposes. This blog post will cover logistic regression and how to apply it to your business problems effectively!

What is Logistic Regression?

It is a machine learning algorithm that means that the results are learned from a training set and used to make valuable predictions about unseen data. In the case of regression, those predictions are probabilities.

Some Challenges of using Logistic Regression?

The regression and other algorithms can be challenging to interpret and may only provide a probability between 0 and 1.

For instance, if we feed in a set of data for people who have been diagnosed with cancer, the algorithm will learn which variables are most important for predicting that diagnosis.

However, it will give us an output representing the probability that a patient has cancer. This number does not necessarily mean that the person has or doesn’t have cancer — it is simply the probability we can use to make an informed decision.

How is data science used to make a data-driven decision?

One of the most significant impacts data science has today can be seen in its use as a tool for business decision-making.

Predictive modeling and regression are two popular techniques that many companies have adopted across all industries because they empower businesses to make more accurate decisions, resulting in greater efficiency.

Logistic does this by taking historical data and learning which variables are most helpful in making predictions.

The future of Data Science?

  • The future of data science lies in developing new techniques that can build on these existing methods while overcoming their limitations.
  • It also depends on working effectively with vast volumes of data from various sources, such as sensors, images, and video.
  • One of the most talented research areas is the development of techniques that can learn on their own – without being fed historical data to train them first.

Explore Data Science with Imarticus Learning

Corporate experts gave input for this postgraduate program to help students master actual Data Science applications. Be it grounding up or constructing solid models to provide meaningful business insights and forecasts. This course helps you learn all. The program is for early-career workers (0-5 years) who dream of growing and building data science careers.

With this program’s employment guarantee, the student may take a significant step forward in their career. After satisfactorily finishing the program, students assure interview chances.

Some course USP:

  • Data science courses in India aid the students in learning job-relevant skills that prepare them for an exciting data scientist career.
  • Impress employers & showcase skills with a certification endorsed by India’s most prestigious academic collaborations.
  • World-Class Academic Professors to learn from through live online sessions and discussions.
  • The program helps students understand the 360-degree practical learning implementation with assignments.

Contact us through the live chat support system or schedule a visit to Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon training centers.

Ultimate Comparison Guide: Scrum, Agile and Power BI

Posted on by Imarticus Learning

As a company grows, and so does its data generation, it becomes increasingly difficult to manage this vast volume of data in an effective way. There needs to be a system in place that can identify loopholes, analyze needs and recommend solutions to ensure the growth of the business. This is where business analysis comes into play. 

Business analysis is a key component of every company’s growth story. In simple terms, it is a research-based practice that drives organizational change to deliver results of the most value to a company’s stakeholders. Due to the pivotal importance of business analysis to the existence of enterprises, the field itself has become a vast market of opportunities. Many business analysis tools have been developed with unique features. One of them is Microsoft Power BI. 

But before we talk about this handy tool, it is important to have a discussion around the principles and tenets of agile business analysis. In this article, we will attempt to discuss this and provide a comparative guide to understand agile scrum, and power BI. We will also talk about the advantages of a business analyst career and recommend a business analyst course to kickstart your professional aspirations.

Scrum Vs. Agile Vs. Power BI

You might have heard Agile and Scrum being referred to as powerful project management and business analysis techniques. But what exactly do they mean? 

Agile is a popular methodology used in business analysis and project management to help teams deliver value to customers and stakeholders at the fastest possible rate. It is a system that propagates constant evaluation and small, measurable increments of output.

Scrum is one of the frameworks within the agile methodology that is used to create hypotheses, test them out, analyze results and make adjustments. It is a high-functioning form of trial and error that allows business analysts to filter out the minutest of discrepancies. 

Power BI is a compelling cloud-based analytics tool from Microsoft that is built on the principles of agile analysis. It allows users to visualize and analyze a huge volume of company data to strengthen operations.

Agile Scrum Power BI
It is a set of principles. It is an implementation of agile principles. It is a platform that incorporates agile and scrum.
It is most useful for a smaller team. It is used to track rapid changes in a project.  It has informative dashboards that utilize a number of agile frameworks.
Frequent and consistent delivery and feedback are the primary facets of this methodology. Scrum as a framework promotes faster delivery and feedback mechanisms. Power BI has incredible team-sharing features that are built to enhance collaboration.
It is a simple philosophy that is easy and flexible in execution.  The design and execution of a scrum can be flexible and imaginative. Dashboards allow for extensive personalization and customization. 

How To Become A Successful Business Analyst?

As more and more businesses scale digitally, the need for strong agile business analysis and efficient professionals to perform it is growing rapidly. Business analysts with knowledge of agile systems and tools are highly sought by recruiters. Such jobs come with long-term job security and worthwhile gains. 

To pursue a career in agile business analysis, it is important to have a strong educational foundation in the same. A bachelor’s degree with a focus on business or an MBA is an immediate upper hand in the competitive market. Plus, prior work experience is an additional bonus. 

Conclusion

If you want to work in a core business specialization with successful businesses and startups, then a shift towards business analysis is a smart career choice. In order to boost your chances of securing a lucrative business analyst role, signing up for a business analyst course such as a PG Program for Agile Business Analyst is a good place to start. Such courses provide foundational knowledge and training which are essential for anyone aspiring to have a business analyst career.