Tag: data science

Data Science in the Pharmaceutical Industry

This post goes over how Data Science is helping big Pharmaceutical companies make informed decisions by analysing the historical data they have to make predictive models. To understand the pain point that predictive modelling addresses in the pharma industry, let us go over some numbers: It takes approximately 8 years for a new drug to…
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January 17, 2019 0

Text mining for better insights

Text mining is the process of analyzing (usually unstructured) text in order to get useful insights. Typical tasks in text mining include: Data retrieval, cleaning and shaping Pattern recognition Document clustering Sentiment analysis Relationship, fact and event extraction Disambiguation – i.e. whether word “Excel” means the Microsoft product or the good classic cartridge razor of Gillette Typical…
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January 17, 2019 0

🏆 Data Science for the Goals (SDGs)

In 2015 the United Nations unveiled the 17 SDGs (Sustainable Development Goals)—an evolution of the Millennium Development Goals crafted in 2000—to address endemic poverty, the proliferation of HIV/AIDS, lack of clean drinking water, adequate healthcare and other basic services in the developing world. Today, there are countless global conferences based on SDG themes. Billions of dollars of…
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January 17, 2019 0

The evolution of medical diagnosis

Data science has become the most favourite career choice today. It attracts individuals from diverse backgrounds and has found applications in every aspect of our day to day life. The way we use internet today, has flooded the world with data and this helps in designing solutions for various businesses problems. Healthcare stands as one…
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January 17, 2019 0

Data Science in Insurance Domain

Since last decade, many business infrastructures are focusing on data collection and extracting useful information from data- the realm of data science. With transition from manual analysis towards and automation and availability of computational power, there is a rapid growth in business applications of data science. One such scenario comes from domain of Insurance Analytics. In…
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January 16, 2019 0