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Weekly Dose of Data Clarity - 12

Getting Clarity with Data


What's Hot ♨️

Buzzword - data wrangling 🤠

Big Data in Film 🍿

Bank of Canada holds tight 🍁

Music for your mind 🎶



Thursday, March 7th, 2024

 

What's Hot ♨️


AWS follows Google in announcing unrestricted free data transfers to other cloud providers 

Amazon’s cloud computing subsidiary AWS has revealed that it will allow customers to transfer their data out of its ecosystem with no so-called “egress fees” attached. (Source: techcrunch.com)


Rackspace Technology Achieves the AWS Generative AI Competency

D K Sinha President, Public Cloud Rackspace Technology, “Earning the AWS Generative AI Competency is a testament to our team's dedication to pushing the boundaries of innovation that empower businesses to achieve their goals in an increasingly dynamic and competitive landscape." (Source: globenewswire.com)


Puma to deploy Google Cloud AI to improve online shopping experience 

Puma global e-commerce engineering director Pancho Ortuzar said: “By building a centralised customer data platform on Google Cloud, we get the highest quality technology when it comes to analytics, data governance and security, allowing us to radically improve how we work with partners in the interests of our customers. 

Common data standards and API management through Apigee mean that no matter where our retail outlet operators are on their digitisation journeys, they can tap into our digital services and insights without having to alter their current IT systems". (Source: retail-insight-network.com) 


 

Beyond the Buzzword 🤠

The goal of data wrangling is to assure quality and useful data. Data analysts typically spend the majority of their time in the process of data wrangling compared to the actual analysis of the data.


data wrangling


According to a source on wikipedia, the "wrangler" non-technical term is often said to derive from work done by the United States Library of Congress's National Digital Information Infrastructure and Preservation Program (NDIIPP) and their program partner the Emory University Libraries based MetaArchive Partnership.


 

Coming to a Screen Near You: How Data Science is Revolutionizing the Film Industry 🍿

From a film student turned data scientist, this piece focuses on five areas of interest for big data in cinema. (Source: ncsu.edu)


  1. Film Production - every stage of the movie production process, from predicting budgets to even choosing what movies to make or which actor should star in a movie.

  2. Marketing - Studios will create targeted market campaigns by generating “micro-segments” of people.

  3. Streaming Services - The recommendation system is perhaps the most critical piece of technology for these streaming sites in driving views, with around 80% of Netflix’s total stream time coming from recommended TV shows and movies.

  4. Scripting - Ethics Alert - Artificial intelligence has also been used to artificially de-age actors (such as Robert DeNiro in the Irishman) and even to artificially generate audio based on a person’s voice. 


 

Bank of Canada holds key interest rate at 5% again, saying it's still too soon for rate cuts 🍁

Domestically, "we are seeing a gradual easing in underlying inflationary pressures. The risk is that stalls," he said. "We don't want inflation to get stuck, materially, above our [2 per cent inflation] target."

The central bank expects inflation to stay close to three per cent during the first half of this year before it slowly eases. (Source: cbc.ca)


 

Tip: Use Music for Stress Relief 🎶

Fit music into your day whenever you can to help with relaxation while you're,


  • getting ready to your day

  • commuting

  • cooking/eating

  • running errands

  • doing chores

  • working 

  • exercising

  • getting ready for bed



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