Essentially, Monte Carlo simulations predict an outcome not from the actual values of input data (which aren’t known) but from the likely (aka “simulated”) values of that data (based on their probability distributions). These simulations can prove invaluable for assessing risks in many real-world
Although spreadsheets offer a stable, attractive option when working with numbers, they can fall far short when they are applied to enterprise-scale statistical analytics. Weigh the limitations of spreadsheets against the benefits of a sophisticated, enterprise-grade statistical analysis tool for
The Internet of Things continues to be a land of opportunity in so many areas. Take a look at this overview of steps to innovation and success factors along with the risks and pitfalls to avoid in your Internet of Things journey.
Open source tools continue to foster non-stop innovation throughout the Insight Economy. So it’s no surprise that open-source languages—most notably, R--have moved to the center of enterprise statistical analytics and data management.
Nick Pentreath of the Spark Technology Center teamed up with Jean-François Puget of IBM Analytics to deliver the main talk of the Spark & Machine Learning Meetup in Brussels, "Creating an end-to-end Recommender System with Apache Spark and Elasticsearch."
At the recent Spark & Machine Learning Meetup in Brussels, Holden Karau of the Spark Technology Center delivered a lightning talk called "A very brief introduction to extending Spark ML for custom models."
At the Spark & Machine Learning Meetup in Brussels on October 27, 2016, Pierre Borckmans of Real Impact Analytics delivered a lightning talk called "Writing Spark applications, the easy way: How to focus on your data pipelines and forget about the rest."