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The Advantages of Predictive Modeling

The Advantages of Predictive Modeling

by Taymour Matin | Jun 15, 2020 | analytics, artificial intelligence, Data Science, new data

The Advantages of Predictive Modeling In a rapidly morphing technological landscape, artificial intelligence is becoming more common in business. Predictive modeling, a long-standing method with thousands of applications, uses statistics or trial and error methods to...
How COVID-19 is Changing our Relationship with Data

How COVID-19 is Changing our Relationship with Data

by Taymour Matin | May 26, 2020 | analytics, artificial intelligence, Data Science, new data

How COVID-19 is Changing our Relationship with Data An increasing proportion of businesses use scientific methods to analyze data. Yet, because key decision-makers do not believe in a data-driven method, a sizable number do not turn their data into actionable...
What is artificial intelligence?

What is artificial intelligence?

by Taymour Matin | Apr 13, 2020 | analytics, artificial intelligence, Data Science, machine learning

What is artificial intelligence? What is Artificial Intelligence? This question has been hotly debated ever since the advent of programmable digital computing in the 1940s. Alan Turing, a British mathematician and logician, was one of the first people to attempt to...
Climate Change’s Big Impact on Big Data

Climate Change’s Big Impact on Big Data

by Taymour Matin | Apr 13, 2020 | analytics, artificial intelligence, climate change, Data Science, new data

The problem of climate change is not the amount of data to manage, the technology trying to tame that data, or even the people who use the technology. The problem has to do with science, or more acutely, certain populations’ unwillingness to believe in science, that...
Types of Machine Learning

Types of Machine Learning

by Taymour Matin | Mar 11, 2020 | analytics, artificial intelligence, Data Science, machine learning, new data

Types of Machine Learning The ways we train machines generally fall into three main methods: Supervised learning, semi-supervised learning, and unsupervised learning. Supervised learning is when the training data has both the input and output. Returning to the image...
Ai Claims Hidden in Ai Ambiguity

Ai Claims Hidden in Ai Ambiguity

by Taymour Matin | Feb 12, 2020 | analytics, artificial intelligence, machine learning, new data

Ai Claims Hidden in Ai Ambiguity There’s a lot of buzz around AI. But like with any major debate, some claims must be taken with a grain of salt. The fact that AI means different things to different people almost guarantees that some claims are a stretch. Not even...

Recent Posts

  • The Advantages of Predictive Modeling
  • How COVID-19 is Changing our Relationship with Data
  • What is artificial intelligence?
  • Climate Change’s Big Impact on Big Data
  • Types of Machine Learning

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    What is nearshoring?

    Nearshore outsourcing is a practice where businesses hire services from companies in adjacent or nearby countries.  Our nearshoring partner, Novacomp, is based out of Costa Rica, conveniently located on the same time zone as the US (Central Daylight Saving Time or Mountain Standard Time).

    Are our nearshoring resources available on an "on-demand" basis?

    Yes!  Nearshoring our services means having on-demand, skilled and experienced professionals that can develop, maintain, and test software, which transforms into operative efficiency and reduced costs.

    What accolades has Costa Rica achieved in Latin America?
    • #1 Exporter of high value-added services (CINDE, 2019)
    • #1 for its Education System (WEF, 2018)
    • #1 Country in Innovation according to the Global Innovation Index (2017)
    • #1 Nearshore Outsourcing Destination (Tholons)
    What businesses have invested in Costa Rica?
    • More than 300 high-tech companies have established successful operations here and this number is still growing, including: Amazon, IBM, Intel, HP, Microsoft, Oracle & VMware.
    • Global companies are carrying out more than 100 processes in over 10 different languages.
    • Costa Rica boasts stability, innovation and the most competitive tax incentives in the region to reap strong performance on the bottom line.
    Are there benefits to nearshoring in Costa Rica?

    For starters, Education in Costa Rica is something we like to brag about.

    It is free and mandatory. Fundamental elements that have contributed to achieving one of the highest literacy rates in Latin America: 98%.

    Costa Rica is ranked #1 in English Proficiency in the region.

    With its stable political environment, commitment to economic development and temperate climate and beautiful beaches, it draws talent from all of South America.

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      Why newData?

      newData is an analytics consultancy offering industry-leading data science technology and staffing solutions. Whether your business is new to analytics or is ready to scale it, chances are that we can help enable data science using our proven technology integration process.   Our solutions provide cost-effective, timely and actionable answers to the most challenging questions.  

       

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      We deliver exceptional value using proprietary and industry-leading technology, top analytic talent and a proven integration process.  

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      Create original datasets from scratch or clone existing data to meet specific needs or conditions unavailable in existing data by using a synthetic data generation tool.

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      Augment your existing analytics team or establish a new, data-driven culture through skilled data professionals and qualified personnel.

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      Visualize your business through easily navigable, user-friendly dashboards which allow stakeholders to achieve enterprise-wide visibility of business trends and performance metrics.

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      Take your business data further with predictive analytics models using an industry-leading Ai platform. Our predictive data solutions help businesses analyze data trends in order to increase revenue, decrease costs, and proactively mitigate risks before they even arise.

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      Innovation

      At newData, we love to innovate.  But, at the same time, there’s too much to do to reinvent the wheel.  That’s why we partner with proven companies like Rapidminer (our Ai platform) and Tableau (data visualization) to take focus on what matters: implementing the right solution given our clients’ business problem using our subject matter expertise and extensive talent pool.  We also innovate in the development of synthetic data generation technology.  Partner with newData to enable data science at your business.

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      Flexible platform

      • Visual workflow for all users
      • Code-based for experts
      • Integrate with other software

      Transparency and governance

      • Secure, easy to trust, fine tune and explain
      • Detect bias and drift

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      Lightning fast and efficient

      • One-click deployment 
      • Resuable workflows
      • Full automation – native 3rd-party and custom ML assembly

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      Synergistic Technology

      What do you get when you combine the leader in Ai with the leader in Bi? 

      More than the sum of the parts.  When you develop predictive models that solve a particular problem, your business can act on the recommended decisions using our performance dashboards.  Tableau and Rapidminer work together seamlessly using an integrared API.  This is a powerful combined solution for those businesses that are ready to scale their data science capabilities.

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      Innovation

      At newData, we love to innovate.  But, at the same time, there’s too much to do to reinvent the wheel.  That’s why we partner with proven companies like Rapidminer (our Ai platform) and Tableau (data visualization) to take focus on what matters: implementing the right solution given our clients’ business problem using our subject matter expertise and extensive talent pool.  We also innovate in the development of synthetic data generation technology.  Partner with newData to enable data science at your business.

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      At newData, we love to innovate, but only when it makes sense to so so; reinventing the wheel flies in the face of our efficiency philosophy.  By partnering with proven companies like Rapidminer (our AI platform) and Tableau (for data visualization), we can focus on what matters: implementing the right solutions to address our clients’ business problems using our subject matter expertise and extensive talent pool. We bring innovation through the development of synthetic data generation algorithms and software, predictive data analysis, and other emerging technologies. Partner with newData today to implement leading-edge data science practices that will add value to your business. 

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      Personalization

      There is a tension between automation and customization.  If done right, automation leads to efficiency.  However, since every business is unqiue, a cookie-cutter approach may not take advantage of the automation or even do harm.  At newData, we strike a balance between personalization and automation by ensuring that our solutions get used while maximizing quality standards and minimizing costs and key decision turnaround times.

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      In the data science industry, there can be tension between automation and customization. If done right, automation leads to efficiency, but every business is unique. A cookie-cutter approach to automation may not take advantage of the capabilities of automation or may even hinder them. At newData, we know automated solutions are not “one-size-fits-all,” so we strive to find the right balance between personalization and automation by ensuring that our solutions are founded on industry best practices while also focusing on our customers’ specific business needs. This approach maximizes quality standards, minimizes costs, and facilitates faster decision-making for business leaders.