For startup, analyzing data is the next big thing(statesman.com) |
For startup, analyzing data is the next big thing(statesman.com) |
We teach computer science, math, statistics, and machine learning but there is no good data mining class. Data mining is about being cunning. Sometimes quantile bootstrapping will work, other times you need cross-validate L1 radial support vector machines with non-linear feature selection. Good dialog with domain expert, broker, game designer, or medical doctor, will save you weeks of work. This is what is so hard to teach ... and we are left with practice.
Big Data is great and all, but the companies that can make meaning out of data are the ones that will win.
It's really like a money-printing machine when you have the data and tools to analyze it.