Despite being one of the most hyped-up job titles of the 21st century, explaining what a data scientist actually does so that your grandma would understand can often be challenging. There is still a vast proportion of the population…
1. Employers are often looking for a unicorn data scientist Everyone working in the field is well aware that the skill set a data scientist brings to the job can vary widely depending on the context. A combination of statistical background, coding knowledge, and business…
by Zdeněk Veselý, Data Scientist at Profinit Why the why? As a statistician or data scientist, I want to answer many why questions. • Why are these customers buying the product? • Why are these patients not getting better?…
The Banking/Financial sector is just one of the many industries, which benefits hugely from data science-driven insights. With a natural affinity for numbers and quantitative methods, it surprises no one that it was one of the early adopters of Data Science, Machine Learning,…
Understanding Data science is becoming one of the most demanded skill sets in the 21st-century job market. Data are flowing everywhere in ever-evolving magnitude. Storing them is costly, and business better finds ways how to turn them into profit. In some industries, the so-called…
Why the why? As a statistician or data scientist, I want to answer many why questions. • Why are these customers buying the product? • Why are these patients not getting better? • Why is the number of defaults rising?…
by Dominik Matula, Data scientist at Profinit Full disclaimer: the author works as a data scientist and loves his job. Therefore, once robots take over the field of Data Science, he might lose his job and spend his last days being depressed. Or will…
Understanding Data science is becoming one of the most demanded skill sets in the 21st-century job market. Data are flowing everywhere in ever-evolving magnitude. Storing them is costly, and business better finds ways how to turn them into profit. In some industries, the so-called ‘trickle-down’…
More than 20 years have passed since the match that changed the history of chess. In May 1997, DeepBlue computer by IBM defeated the top chess player Garry Kasparov in a six games match. For a long time, one believed that winning at chess…
Let’s be honest: here at Profinit we really do like Steve McConnell. Our internal methodology of estimates is pretty much based on the principles listed in his book Software Estimation: Demystifying the Black Art. Moreover, we are always willing to defend the cone of uncertainty,…
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