Showing posts with label training. Show all posts
Showing posts with label training. Show all posts

Friday, August 2, 2019

Learn where to start a career that focuses on data analysis

If you want to be professionally successful, a good idea is to invest in data science. With the amount of information generated every day, these professionals are increasingly needed by companies, because it helps to make more informed and informed decisions.

Data scientists are professionals who are responsible for making the company useful for a large number of structured and unstructured data that is always available through the internet.

This tempting career requires a candidate with a variety of skills and requirements, but the question is: how do you enter this profession? In this post, we will outline the key steps you must take to build a successful career in data analysis.

So, what if you know where to start? See tips from now!

Market Trends for Data Scientists

The job market lacks data scientists – even careers that are qualified by the World Economic Forum and released by infoMoney as one of the most relevant in 2020.

According to IBM, the demand for people with data scientists will increase by 28 percent by 2020. This function, which previously existed only in innovative companies that wanted to stand out in the marketplace, became a necessity for businesses to remain competitive. This fact explains the gradual increase in the demand for people with these skills and what contributes to the growth of professions and training courses.

Professional profile with training data scientists

In addition to looking for insights into large volumes of data and translating them into business languages, traders must be able to use the most sophisticated data mining and visualization tools available. In addition, manage and handle this large amount of information through:

Exploration analysis;
Data visualization
Machine Learning;
Deep learning;
Combining predictive modelling, among the other skills we will highlight below.

Skills that must be developed

Professionals who will act as data scientists need to have basic skills. Among others are:

Mathematics

Data scientists work with numbers: problem solving, statistics, probabilities, Sigma Notation, Bayesian Inference, among other subjects related to mathematics.

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During large database manipulations and analyzes – you need to run your own tools and solutions for this activity and programming languages, such as Python and R, are present in almost all databases and also include SQL, MatLab, MongoDB and Spark.

English

This is not a mandatory requirement to qualify during the training of a data scientist, but having knowledge in languages ​​can be a great competitive advantage.

Creativity

The purpose of being a data scientist is to uncover insight and produce intelligence. Creativity is also relevant because it allows professionals to anticipate business needs, especially those that have not been done by any segment.

Logical thinking

Logical thinking is another thing that is relevant because it helps to analyze and streamline the learning process in Data Science. Finally, it is necessary to have abilities with numbers, because they are used in different aspects, including in machine learning algorithms, in-depth learning and statistics, which are important parts of Data Science.

Storytelling

Finally, it is worth creating data storytelling skills – because it helps to transform collected items into elements for visual narratives and facilitates decision making – and data mining, a process that identifies relevant information to gain knowledge about the business, product or competition.


UK regulator fined Casino 36 for £300k

The land-based gambling operator Casino 36 (they are also own few online casinos) was fined by the British gambling regulator for £300 thousand for money laundering and violation of social responsibility.

An investigation by the UK Gambling Commission found that a gambling establishment in Wolverhampton did not properly conduct an identity verification (EDD), a source of funds (SOF) and a wealth source (SOW) of 33 clients. These people spent a total of £147,741 at Casino 36 from November 2017 to October 2018. According to the regulator, senior management became aware of these violations on February 12, 2018, but such actions by the gambling establishment continued.

The report also stated that the controls at Casino 36 were outdated and did not take into account the current management of the Gambling Commission.

According to experts, Casino 36 also failed to protect vulnerable customers, because it did not contact them even when they had obvious signs of problems with gambling.

In addition to penalties, more conditions will be added to the license of a gambling establishment. All personal management license holders working for the operator will also have to undergo anti-money laundering training, while a comprehensive training program should be launched for staff.

Richard Watson, the executive director of the commission, said operators are responsible for not allowing illegal funds to pass through them.

“As a result of failures at Casino 36, the stolen money could pass through their casinos unhindered, and vulnerable customers were at risk of harm. This is simply unacceptable, ”- said Watson.