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Tag: Hadoop

Big Data Influences Online Trading in 3 Primary Ways!

Posted on by Imarticus Learning

Organizations and corporates are using analytics and data to get insights into the market trends to make decisions that will have a better impact on their business. The organization involved in healthcare, financial services, technology, and marketing are now increasingly using big data for a lot of their key projects.

Big Data influences online trading in 3 primary ways:

1. Levels the playing field to stabilize online trade

Big Data analytics

Algorithmic trading is the current trend in the financial world and machine learning helps computers to analyze at rapid speed.

The real-time picture that big data analytics provides gives the potential to improve investment opportunities for individuals and trading firms.

 

 

2. Estimation of outcomes and returns

Big Data AnalyticsAccess to big data helps to mitigate probable risks on online trading and making precise predictions.

Financial analytics helps to tie up principles that affect trends, pricing, and price behavior.

3. Improves machine learning and deliver accurate predictions

Big data analytics training can be used in combination with machine learning and this helps in making a decision based on logic than estimates and guesses.

Big Data Analytics

The data can be reviewed and applications can be developed to update information on a regular basis for making accurate predictions.

 

How Does Facebook Identify Where You Are From Your Profile Photo?

Posted on by Imarticus Learning

We all know that Mark Zuckerberg of Facebook is strongly passionate about Machine Learning and Artificial Intelligence, but how has that impacted our everyday online social life?
You may think you’re just uploading a photo, but facebook knows how many people are there, whether you’re outside or inside, and if you’re smiling.
The technology that Facebook uses, Artificial Intelligence, is a rigorous science that focuses on designing systems that make use of algorithms that are much similar to that of our human brain. AI learns to recognize patterns from large amounts of data and come up with a comprehensive conclusion.

What does that have to do with how Facebook knows if I’m smiling or not?

Facebook is constantly teaching their machines to work better. By using deep learning, they train AI to structure through various processing layers and understanding an abstract representation of what the data could be. By using their system called “convolutional neural network”, the computer is able to go through layers of units and understand whether there is a dog in a photo.

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Facebook works through layers. In the first layer, it is able to identify the edges of objects. In the second layer, it is able to detect combinations and identify it to be an eye in a face or a window in a plane. The next layer combines these further and identifies them to be either an entire face or a wing on a plane. The final layer is able to further detect these combinations and identifies if it is a person or a plane.
The network needs to be able to read the labels on the database and identify which of these are labeled as humans or plants. The system learns to associate the input with the label. The way facebook works is that it is able to now identify not only that there are humans in a photo, but how many humans, whether they are indoors or outdoors, and their actions, i.e. if they are sitting or standing.
However, a photograph that has been uploaded may need to be completely zoomed in for Facebook’s AI to understand intricacies if a person is smiling or not.

It may not always be perfect in its recognition, but it’s getting there.
A lot of information can be extracted from a photograph. Facebook is only going to get better with its AI and making use of big data.

Artificial Intelligence and Machine Learning is a concept that will be looked at in Imarticus’s Data Science Prodegree. This course is a cutting-edge program designed and delivered in collaboration with Genpact, a leader in Analytics solutions. Students get their hands-on learning with 6 industry projects and work with industry mentors.

Written by Tenaz Shanice Cardoz, Marketing & Communications.

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Pokémon Go – Why is it so popular?

Posted on by Imarticus Learning

Pokémon was originally an animation show by The Pokémon Company and was aired in the year the year 1995. It began as a game on the ‘Gameboy’ and was soon turned into an animated franchise by the combined efforts of Nintendo, Creatures and Game Freak. Since day 1, this show had garnered immense popularity, and at the height of its fame, had scores of teenagers as its viewers.
Recently, Nintendo launched Pokémon Go as a mobile application, thus bringing together a clever marketing ploy, a health benefiting agenda and made optimum use of the nostalgia attached to the franchise.
pokemon-go-office
Pokémon Go is fast becoming the most sought after application today. Here is some fascinating data we have found so far:

  • In U.S.A alone there have been more than 60% of people downloading the app.
  • This proves that more than 3% of Android users in USA are using this application on a daily basis, nearing the usage of Twitter.
  • People have no problem with the data usage of this app, which is believed to be a lot owing to the graphics. Surprisingly this is not the case, as data analytic experts claim it does even use data as much as Google Maps.
  • Pokémon Go has more than 10 million users already and the number is definitely bound to increase!
  • This application has achieved the most amount of data retention, in just weeks of its launch and has clearly stood out at the standard time a user takes to dislike an app; which in this case, is almost negligible.
  • The fact that there are a number of data analytics in terms of the audience targeted, the age groups, the trends and the fact that this app is literally bringing people out of their houses.
  • Pokémon Go seems to have taken over the world with being downloaded in countries where the app hasn’t even been officially released yet. Appkmirror which a secondary site to download the app has had almost 4 million visits since the launch.

If the stats are to be believed, then Pokémon Go certainly seems to be taking over the world. This presents an incredible opportunity to various firms to invest in this application, as well as to generate more sales, through luring customers to their outlets.

Apart from the primary glitches like the server rundowns, people getting hurt, trespassing or disrespecting a solemn site, this application still seems to be going strong.
Data Analytics will play a major role in further development of the app, thus adding more impetus to career prospects of a Data Scientist.
Imarticus Learning is a reputed education institute, providing a host of courses in the renowned field of Data Analytics and the tools used here, like SAS, R programming, Hadoop and others.

Written by Imarticus Team