Blog & News

Autonomous Robot Rescuer Is the Best IT Master’s Thesis of the Year According to Czech and Slovak Academics
Peter Čmelík

Autonomous Robot Rescuer Is the Best IT Master’s Thesis of the Year According to Czech and Slovak Academics

It can move autonomously in an unfamiliar confined environment and create a detailed map. This is the role of a six-legged rescue robot whose “brain” was designed and tested by Master’s student Jan Bayer from the Faculty of Electrical Engineering at the Czech Technical University…

White text AI + Prague appears on a dark blue background evoking the city Prague as the next AI hub.
Barbora Fuksa

5 Reasons Why Prague Is the Next AI Hub

Prague is already recognized amongst important technological centres of the CEE region, and that is just the starting line.

Abstract digital pattern on a dark background. PROFINIT logo and a subtitle related to Business Intelligence Projects.
Peter Čmelík

Why Business Intelligence Projects Fail (And How to Avoid It)

by Petr Hájek, Information Management Professional This picture was randomly taken at a small local Asian marketplace. It literally (and I think unintentionally) offers a single item for the price of 3 items. This is funny when you are buying…

An open book with lines and dots emerging upward, symbolizing data or connections—a scene evoking
Dominik Matula

Book Review: ‘Fundamentals of Data Visualization‘ by Claus O. Wilke

A whole book about graphs? But why?! To begin with, let’s just forget for a moment that the book is full of beautiful charts that are a pleasure to look at. I have been working in Data Science for years now, and it is common…

An open book with lines and dots emerging upward, symbolizing data or connections—a scene evoking
Sergii Stamenov

Book Review: ‘How not to be wrong’ by Jordan Ellenberg

About the Author: Jordan Ellenberg is the John D. MacArthur Professor of Mathematics at the University of Wisconsin-Madison and a 2015 Guggenheim fellow. Author of a few books on number theory. He has written articles on mathematical topics in the New York Times, Washington Post,…

book review
Sergii Stamenov

Book Review: ‘How not to be wrong’ by Jordan Ellenberg

It’s fun to read how mathematicians tried to “solve and understand the life” and how they failed or succeeded.

Abstract digital network with data points, connected lines and icons symbolizing the importance of accounting; and PROFINIT logo.
Barbora Fuksa

AI in Banking – 4 major pain points in the DACH region

by Barbora Janulíková, Business Development Manager Despite the common thrashing German, Austrian, and Swiss banks often get at conferences relevant to the topic; they do put a significant amount of effort into adopting AI for meaningful use cases. However, as with all…

Illustration of three people studying symbolizing Applied Data Science Research. PROFINIT logo.
Barbora Fuksa

Applied Data Science Research

How Profinit combines scientific research with applications in finance by Barbora Janulíková, Business Development Manager If you have been following Profinit for a while, you know that academic research is deeply encoded in our company‘s DNA. We only pick new colleagues…

A small robot on tracks looks toward a sunset ,blending human intuition with big data. PROFINIT logo.
Petr Hájek

Beyond Data-ism: Big Data and the Human Intuition

by Petr Hájek, Information Management Advisor What is intuition? The old ‘wisdom’ says that managers spend their budgets on data and analytics, but finally, they make decisions based mostly on their intuition. Intuition can be explained in many ways – some…

Abstract 3D cubes and network lines—illustrating Data Science job interview tips. PROFINIT logo.
Barbora Fuksa

Tips for a Data Science job interview

1) Brush up on basic maths and statistical concepts You don´t want to stutter when asked about basic concepts such as ROC curves, logistic regression, etc. Can you explain the difference between supervised and unsupervised learning both to a child and…