Elder Research
In the midst of a recent engagement an executive suddenly asked, “Are we using Machine Learning?”. This caught us off-guard; working in the field for many years, we use the “learning sciences” virtually every day to solve hard problems. Machine Learning (ML), Data Science (DS) and Artificial Intelligence (AI) are exciting and very powerful; still,
If you are like me, when you first heard of analytics and its ability to benefit businesses, non-profits, and government agencies, you felt invigorated and excited, having to hold back the urge to shout “Charge!” As...
Several scientific disciplines have been rocked by a crisis of reproducibility in recent years . Not long ago, Bayer researchers found that they were only able to replicate 25% of the important pharmaceutical papers they examined , and an...
By Dr. Andrew Fast, Chief Scientist, Elder Research
The key question that organizations ALWAYS ask when undertaking an analytics initiative is “Can they guarantee value from the project?” They want to know whether the return on their investment will be positive. But they want this...
Predictive models typically estimate the likelihood of future events, such as whether it will rain tomorrow or which customers are most likely to “churn” by cancelling their phone contract. In the case of the weather, we do...
There is no doubt that a successful Data Scientist must be proficient in programming, modeling, and data munging (extracting, cleaning, and feature engineering data). However, there is another key skill that is often overlooked: the ability to...
Note: This story is fiction, but it is based on experience with real clients. Any resemblance to people you know is incidental. You can read the prequel to this episode here. Michael’s Tale, Continued TalkThree’s new Analytics...
Strategy Set to Revolutionize the Delivery of Innovative Analytic Solutions Charlottesville, VA: The explosion of Big Data has driven an insatiable demand for extracting actionable value from data. Elder Research, known for innovative analytic solutions, plans to...
The field of Data Science is booming, yet comparatively few women are entering it. Why? What are the obstacles and opportunities facing them if they do? The path to change is challenging, but as a woman who...
Data Science has been hailed as the sexiest job of the 21st century. This news has understandably had an influence over today’s college undergraduates and even high school students. But can a person who is mid-career —...