The Data Industry
The Data Industry

Author: Chunlei Tang

Publisher: John Wiley & Sons

Published: 2016-06-13

Total Pages: 217

ISBN-13: 111913840X

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Provides an introduction of the data industry to the field of economics This book bridges the gap between economics and data science to help data scientists understand the economics of big data, and enable economists to analyze the data industry. It begins by explaining data resources and introduces the data asset. This book defines a data industry chain, enumerates data enterprises’ business models versus operating models, and proposes a mode of industrial development for the data industry. The author describes five types of enterprise agglomerations, and multiple industrial cluster effects. A discussion on the establishment and development of data industry related laws and regulations is provided. In addition, this book discusses several scenarios on how to convert data driving forces into productivity that can then serve society. This book is designed to serve as a reference and training guide for ata scientists, data-oriented managers and executives, entrepreneurs, scholars, and government employees. Defines and develops the concept of a “Data Industry,” and explains the economics of data to data scientists and statisticians Includes numerous case studies and examples from a variety of industries and disciplines Serves as a useful guide for practitioners and entrepreneurs in the business of data technology The Data Industry: The Business and Economics of Information and Big Data is a resource for practitioners in the data science industry, government, and students in economics, business, and statistics. CHUNLEI TANG, Ph.D., is a research fellow at Harvard University. She is the co-founder of Fudan’s Institute for Data Industry and proposed the concept of the “data industry”. She received a Ph.D. in Computer and Software Theory in 2012 and a Master of Software Engineering in 2006 from Fudan University, Shanghai, China.

Machine Learning and Data Science in the Power Generation Industry
Machine Learning and Data Science in the Power Generation Industry

Author: Patrick Bangert

Publisher: Elsevier

Published: 2021-01-14

Total Pages: 276

ISBN-13: 0128226005

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Machine Learning and Data Science in the Power Generation Industry explores current best practices and quantifies the value-add in developing data-oriented computational programs in the power industry, with a particular focus on thoughtfully chosen real-world case studies. It provides a set of realistic pathways for organizations seeking to develop machine learning methods, with a discussion on data selection and curation as well as organizational implementation in terms of staffing and continuing operationalization. It articulates a body of case study–driven best practices, including renewable energy sources, the smart grid, and the finances around spot markets, and forecasting. - Provides best practices on how to design and set up ML projects in power systems, including all nontechnological aspects necessary to be successful - Explores implementation pathways, explaining key ML algorithms and approaches as well as the choices that must be made, how to make them, what outcomes may be expected, and how the data must be prepared for them - Determines the specific data needs for the collection, processing, and operationalization of data within machine learning algorithms for power systems - Accompanied by numerous supporting real-world case studies, providing practical evidence of both best practices and potential pitfalls

Big Data Applications in Industry 4.0
Big Data Applications in Industry 4.0

Author: P. Kaliraj

Publisher: CRC Press

Published: 2022-02-10

Total Pages: 446

ISBN-13: 1000537668

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Industry 4.0 is the latest technological innovation in manufacturing with the goal to increase productivity in a flexible and efficient manner. Changing the way in which manufacturers operate, this revolutionary transformation is powered by various technology advances including Big Data analytics, Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing. Big Data analytics has been identified as one of the significant components of Industry 4.0, as it provides valuable insights for smart factory management. Big Data and Industry 4.0 have the potential to reduce resource consumption and optimize processes, thereby playing a key role in achieving sustainable development. Big Data Applications in Industry 4.0 covers the recent advancements that have emerged in the field of Big Data and its applications. The book introduces the concepts and advanced tools and technologies for representing and processing Big Data. It also covers applications of Big Data in such domains as financial services, education, healthcare, biomedical research, logistics, and warehouse management. Researchers, students, scientists, engineers, and statisticians can turn to this book to learn about concepts, technologies, and applications that solve real-world problems. Features An introduction to data science and the types of data analytics methods accessible today An overview of data integration concepts, methodologies, and solutions A general framework of forecasting principles and applications, as well as basic forecasting models including naïve, moving average, and exponential smoothing models A detailed roadmap of the Big Data evolution and its related technological transformation in computing, along with a brief description of related terminologies The application of Industry 4.0 and Big Data in the field of education The features, prospects, and significant role of Big Data in the banking industry, as well as various use cases of Big Data in banking, finance services, and insurance Implementing a Data Lake (DL) in the cloud and the significance of a data lake in decision making

Data Analytics Applied to the Mining Industry
Data Analytics Applied to the Mining Industry

Author: Ali Soofastaei

Publisher: CRC Press

Published: 2020-11-12

Total Pages: 273

ISBN-13: 0429781776

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Data Analytics Applied to the Mining Industry describes the key challenges facing the mining sector as it transforms into a digital industry able to fully exploit process automation, remote operation centers, autonomous equipment and the opportunities offered by the industrial internet of things. It provides guidelines on how data needs to be collected, stored and managed to enable the different advanced data analytics methods to be applied effectively in practice, through use of case studies, and worked examples. Aimed at graduate students, researchers, and professionals in the industry of mining engineering, this book: Explains how to implement advanced data analytics through case studies and examples in mining engineering Provides approaches and methods to improve data-driven decision making Explains a concise overview of the state of the art for Mining Executives and Managers Highlights and describes critical opportunity areas for mining optimization Brings experience and learning in digital transformation from adjacent sectors

Data Analysis for Business, Economics, and Policy
Data Analysis for Business, Economics, and Policy

Author: Gábor Békés

Publisher: Cambridge University Press

Published: 2021-05-06

Total Pages: 741

ISBN-13: 1108483011

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A comprehensive textbook on data analysis for business, applied economics and public policy that uses case studies with real-world data.

Contemporary Research Methods and Data Analytics in the News Industry
Contemporary Research Methods and Data Analytics in the News Industry

Author: Gibbs, William J.

Publisher: IGI Global

Published: 2015-07-01

Total Pages: 339

ISBN-13: 1466685816

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The advent of digital technologies has changed the news and publishing industries drastically. While shrinking newsrooms may be a concern for many, journalists and publishing professionals are working to reorient their skills and capabilities to employ technology for the purpose of better understanding and engaging with their audiences. Contemporary Research Methods and Data Analytics in the News Industry highlights the research behind the innovations and emerging practices being implemented within the journalism industry. This crucial, industry-shattering publication focuses on key topics in social media and video streaming as a new form of media communication as well the application of big data and data analytics for collecting information and drawing conclusions about the current and future state of print and digital news. Due to significant insight surrounding the latest applications and technologies affecting the news industry, this publication is a must-have resource for journalists, analysts, news media professionals, social media strategists, researchers, television news producers, and upper-level students in journalism and media studies. This timely industry resource includes key topics on the changing scope of the news and publishing industries including, but not limited to, big data, broadcast journalism, computational journalism, computer-mediated communication, data scraping, digital media, news media, social media, text mining, and user experience.

A Practical Guide to Data Mining for Business and Industry
A Practical Guide to Data Mining for Business and Industry

Author: Andrea Ahlemeyer-Stubbe

Publisher: John Wiley & Sons

Published: 2014-03-31

Total Pages: 323

ISBN-13: 1118763378

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Data mining is well on its way to becoming a recognized discipline in the overlapping areas of IT, statistics, machine learning, and AI. Practical Data Mining for Business presents a user-friendly approach to data mining methods, covering the typical uses to which it is applied. The methodology is complemented by case studies to create a versatile reference book, allowing readers to look for specific methods as well as for specific applications. The book is formatted to allow statisticians, computer scientists, and economists to cross-reference from a particular application or method to sectors of interest.

IoT-Based Data Analytics for the Healthcare Industry
IoT-Based Data Analytics for the Healthcare Industry

Author: Sanjay Kumar Singh

Publisher: Academic Press

Published: 2020-11-07

Total Pages: 342

ISBN-13: 0128214767

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IoT Based Data Analytics for the Healthcare Industry: Techniques and Applications explores recent advances in the analysis of healthcare industry data through IoT data analytics. The book covers the analysis of ubiquitous data generated by the healthcare industry, from a wide range of sources, including patients, doctors, hospitals, and health insurance companies. The book provides AI solutions and support for healthcare industry end-users who need to analyze and manipulate this vast amount of data. These solutions feature deep learning and a wide range of intelligent methods, including simulated annealing, tabu search, genetic algorithm, ant colony optimization, and particle swarm optimization. The book also explores challenges, opportunities, and future research directions, and discusses the data collection and pre-processing stages, challenges and issues in data collection, data handling, and data collection set-up. Healthcare industry data or streaming data generated by ubiquitous sensors cocooned into the IoT requires advanced analytics to transform data into information. With advances in computing power, communications, and techniques for data acquisition, the need for advanced data analytics is in high demand. - Provides state-of-art methods and current trends in data analytics for the healthcare industry - Addresses the top concerns in the healthcare industry using IoT and data analytics, and machine learning and deep learning techniques - Discusses several potential AI techniques developed using IoT for the healthcare industry - Explores challenges, opportunities, and future research directions, and discusses the data collection and pre-processing stages

Data-Driven Healthcare
Data-Driven Healthcare

Author: Laura B. Madsen

Publisher: John Wiley & Sons

Published: 2014-09-23

Total Pages: 224

ISBN-13: 1118973895

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Healthcare is changing, and data is the catalyst Data is taking over in a powerful way, and it's revolutionizing the healthcare industry. You have more data available than ever before, and applying the right analytics can spur growth. Benefits extend to patients, providers, and board members, and the technology can make centralized patient management a reality. Despite the potential for growth, many in the industry and government are questioning the value of data in health care, wondering if it's worth the investment. Data-Driven Healthcare: How Analytics and BI are Transforming the Industry tackles the issue and proves why BI is not only worth it, but necessary for industry advancement. Healthcare BI guru Laura Madsen challenges the notion that data have little value in healthcare, and shows how BI can ease regulatory reporting pressures and streamline the entire system as it evolves. Madsen illustrates how a data-driven organization is created, and how it can transform the industry. Learn why BI is a boon to providers Create powerful infographics to communicate data more effectively Find out how Big Data has transformed other industries, and how it applies to healthcare Data-Driven Healthcare: How Analytics and BI are Transforming the Industry provides tables, checklists, and forms that allow you to take immediate action in implementing BI in your organization. You can't afford to be behind the curve. The industry is moving on, with or without you. Data-Driven Healthcare: How Analytics and BI are Transforming the Industry is your guide to utilizing data to advance your operation in an industry where data-fueled growth will be the new norm.

Advanced Analytics in Mining Engineering
Advanced Analytics in Mining Engineering

Author: Ali Soofastaei

Publisher: Springer Nature

Published: 2022-02-23

Total Pages: 746

ISBN-13: 3030915891

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In this book, Dr. Soofastaei and his colleagues reveal how all mining managers can effectively deploy advanced analytics in their day-to-day operations- one business decision at a time. Most mining companies have a massive amount of data at their disposal. However, they cannot use the stored data in any meaningful way. The powerful new business tool-advanced analytics enables many mining companies to aggressively leverage their data in key business decisions and processes with impressive results. From statistical analysis to machine learning and artificial intelligence, the authors show how many analytical tools can improve decisions about everything in the mine value chain, from exploration to marketing. Combining the science of advanced analytics with the mining industrial business solutions, introduce the “Advanced Analytics in Mining Engineering Book” as a practical road map and tools for unleashing the potential buried in your company’s data. The book is aimed at providing mining executives, managers, and research and development teams with an understanding of the business value and applicability of different analytic approaches and helping data analytics leads by giving them a business framework in which to assess the value, cost, and risk of potential analytical solutions. In addition, the book will provide the next generation of miners – undergraduate and graduate IT and mining engineering students – with an understanding of data analytics applied to the mining industry. By providing a book with chapters structured in line with the mining value chain, we will provide a clear, enterprise-level view of where and how advanced data analytics can best be applied. This book highlights the potential to interconnect activities in the mining enterprise better. Furthermore, the book explores the opportunities for optimization and increased productivity offered by better interoperability along the mining value chain – in line with the emerging vision of creating a digital mine with much-enhanced capabilities for modeling, simulation, and the use of digital twins – in line with leading “digital” industries.