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Want to take Advantage of Big Data and AI?

Here’s what you need to know…

In today’s rapidly changing world, organisations need to be able to adapt and innovate in order to stay ahead of the competition.

To succeed businesses require people or a trained team with a range of digital skills, both technical and non-technical, to fully leverage these technologies.

As a starting point,  an investment in people and resources to develop the digital skills necessary to take advantage of emerging technologies such as big data and artificial intelligence (AI).

Big data is a term used to describe the large and complex datasets that are generated by modern businesses.

These datasets can be used to identify trends, make predictions, and improve decision-making.

AI is a field of computer science that allows machines to learn and make decisions without being explicitly programmed and can be used to automate tasks, improve customer service, and develop new products and services.

Companies that want to take advantage of big data and AI need to develop the following digital skills:

Data literacy is the ability to understand and use data effectively. This includes the ability to collect, clean, analyse, and visualise data.

Data analysis skills are the ability to extract meaning from data and include the ability to identify patterns, trends, and relationships in data. With the abundance of data generated by big data systems, there’s a real need for people who can effectively analyse and interpret data to uncover insights and inform decision-making.

Data engineering skills will enable teams to effectively manage large volumes of data and companies need people who can design and implement data pipelines, manage data quality, and ensure data security.

Machine learning skills are the ability to build and train models that can learn from data and make predictions.

Natural language processing (NLP) skills are the ability to understand and process human language. This includes the ability to extract meaning from text, translate languages, and generate text.

Cloud computing is the on-demand delivery of IT resources over the Internet with pay-as-you-go pricing. Cloud computing skills are essential for organizations that want to store and analyse large amounts of data.

Business and domain knowledge is an asset as big data and AI are not just technical challenges; they require a deep understanding of the business domain and industry context. Professionals who have a solid understanding of business processes and strategies, as well as domain-specific knowledge, are invaluable for making data-driven decisions.

Other considerations include security skills because when AI and big data become more widely used, they will also become more attractive targets for cyberattacks. Organisations need to develop the security skills necessary to protect their data and systems from attack.

In addition to these technical skills, companies also need to consider the following soft skills:

Communication skills are essential to be able to communicate effectively about big data and AI with their employees, customers, and partners is key and this includes the ability to explain complex concepts in a clear and concise way.

Problem-solving skills as teams need to be able to identify and solve problems using big data and AI. This includes the ability to think creatively and come up with innovative solutions.

Critical thinking skills are crucial to be able to think critically about big data and AI. This includes the ability to identify bias, evaluate the quality of data, and make sound judgments.

Developing the digital skills necessary to take advantage of emerging technologies such as big data and AI is a challenge, but it is one that companies must face in order to stay competitive. By investing in the right skills, businesses can position themselves for success in the digital age.

Developing these skills is essential to fully leverage the potential of big data and AI. With the right skills in place, businesses can gain a competitive advantage by making better decisions, improving operational efficiency, and creating new products and services.

Written by Chief Technical Officer, Piotr Zieliński at This is Milk

This is Milk can support you with all of the above. Our Chief Technical Officer is Piotr Zieliński and he has over 20 years of experience in the tech industry. He has a proven track record of success in leading and managing technology teams. Skilled in software development, cloud computing, and data science, he is also passionate about using technology to solve real-world problems.

Contact Piotr at piotr.zielinski@thisismilk.co.uk

Learn more at https://www.thisismilk.co.uk/

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  • Editorial Team

    Articles written by experts in their field. Our experts are sharing their knowledge and expertise, however their opinions and ideas may not be the opinions of Wellbeing Magazine. Any article offering advice should be first discussed with their GP before trying any treatments, products or lifestyle changes.