What Is Optical Character Recognition (OCR)?

Optical character recognition (OCR) technology is an efficient business process that saves time, cost and other resources by utilizing automated data extraction and storage capabilities. Optical character recognition (OCR) is sometimes referred to as text recognition. An OCR program extracts and repurposes data from scanned documents, camera images and image-only pdfs. OCR software singles out letters on the image, puts […]

Who is a Data Scientist?

 A Data scientist is a person who extracts insights from data sets. He has enough knowledge and skills to do sophisticated and systematic analysis of data that helps for product development, and evaluates and identifies strategic opportunities for your organization.   “A data scientist represents an evolution from the business or data analyst role. The formal training is similar, with […]

The 4 Types of Statistics Concepts all Data Scientist should know!

Last Updated on August 20, 2022 Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital. -Aaron Levenstein, Business Professor at Baruch College What is Statistics Good For? Statistics is the discipline of analyzing data. As such it intersects heavily with data science, machine learning and, of course, traditional statistical analysis. In this post, I […]

Top NLP (Natural Language Processing) Products in the Market! – 2017

In recent years, Natural Language Processing (NLP) technology has progressed quite rapidly in spite of many challenges. The trend is expected to continue with further advancements in the coming years. Today, there is a plethora of diversified NLP solutions featuring new age technologies. As new solutions come along at a rapid pace, the need emerges for an objective method to […]

Who is Data Engineer?

One of the key members of a data science team is a data engineer. A Data Engineer is a person, fully equipped with knowledge of hardware, databases, data processing at scale and computer engineering and who can build data infrastructure, manage data storage and use and Implement production tools. What does a data engineer do? Data  engineers might do things […]