Typically, labor statistics are collected tediously by the staff of Bureau of Labor Statistics by visiting, faxing and calling different stores, offices and online retailers in 90 cities across the nation and getting back nearly 80,000 prices for different items. This costs about $250MM per year and takes at least several weeks to put together….
There are many fitness monitors out there from Nike’s fuel band to Fit Bit. They all promise monitoring of activity in some form or another but none are very comprehensive.One company, promises better watches and sensors – Basis. Their sensors are equipped with not just accelerometer sensors but they also capture skin sweat secretion, heart…
Companies that you previously did not think were in the data mining business or in the prediction business have used data mining technologies in strange but very useful ways. Your company too has some “useless” data that can be harvested. It really comes down to asking the correct question. Google obviously is centrally in the…
Doing data mining for other companies, have helped the data mining companies in many ways besides the services that they offer. In some cases, they have made several new businesses. There are two examples that are mentioned in “Big Data – A revolution” by Victor Mayer-Schoneberger and Kenneth Cukier In Amazon early days, Amazon made…
When we think about the brain and our ability to see, we realize that when we recognize people and see, we do not see everything as in a photograph but more see patterns. If the face matches the pattern that we recognized before as a person then we recognize him as such and not necessarily…
It is often difficult for caregivers of Schizophrenia patients to understand and fully appreciate the experience of schizophrenia patients. If you have never experienced the symptoms, then it is difficult to feel what the patient is feeling. I was sent a link to the website that has been doing just that… Dr James Cook at…
Translational Medicine had a paper by Dr Dormitzer from Novartis and Dr Venter of creating a flu vaccine in just about 4 days and 4 hours, as opposed to months and weeks that it used to take previously. They used the sequence supplied by Biomedical Advanced Research and Development Authority and transfecting it into tissue culture…
On May 15th Dr McGeoch of Amherst University presented a paper about a test that was done to compare computers running conventional binary logic with computers using quantum computing chips. It is fascinating to see that the quantum computers have made the leap from just theory to actual machines. There were 3 tests done and…
Innovations that save lives sometimes take a $1 Billion or more and many researchers while some are simple and effective. The innovation that has already saved many lives is a birth mat. Birthing process is dangerous and is a risky, messy and tedious affair to say the least. Many lives are lost in developing countries…
Databases a simple definition: Database is a collection of data that is managed as a single unit. There are Six major types or models of databases: Flat file databases: These were databases that managed all the data in one flat file. The file was just a list of items. There were several ways that this…
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