Insights | icrunchdata

What Does Data Science Say About Tariffs?

Apr 07, 2025

In recent decades, globalization has facilitated the rapid expansion of international trade, creating complex interdependencies between economies. Tariffs, as instruments of trade policy, interrupt these dynamics with wide-ranging consequences. While economic theory provides abstract models for understanding tariffs, the advent of data science has introduced empirical, real-time, and granular analysis into the equation. Data science...

AI's Impact on Data Science

Mar 05, 2025

Artificial intelligence (AI) is reshaping the field of data science at an unprecedented pace. The increasing sophistication of AI-driven automation, coupled with the rise of generative AI and self-optimizing models, raises questions about the future role of data scientists. While AI significantly enhances efficiency by automating data preprocessing, feature engineering, and even model selection, it does not render data science obsolete....

The AI Race in 2025

Feb 03, 2025

Artificial intelligence (AI) is a transformative force reshaping industries, economies, and societies. As we move into 2025, the race to dominate the AI space is intensifying, with major tech companies and nations pushing the boundaries of AI innovation. From high-performance models to regulatory frameworks, the AI race is characterized by rapid advancements and complex geopolitical considerations. Let's take a deep dive into the latest...

Maximize Digital Performance with A/B Testing Strategies

Jan 14, 2025

In the realm of data-driven decision-making, A/B testing stands out as a powerful tool for optimizing websites, marketing campaigns, and user experiences. This method, also known as split testing, allows businesses to compare two or more versions of a webpage or marketing material to determine which one performs better. By measuring the impact of changes against a control version, organizations can make informed decisions to improve...

Emerging Trends in Data Science for 2025

Dec 20, 2024

As data continues to define the competitive edge of modern enterprises, data science professionals find themselves navigating an evolving landscape of technology, methodologies, and challenges. Looking ahead to 2025, several key trends are poised to shape the field, offering opportunities for innovation while demanding adaptability. For those working in or aspiring to join the data science domain, understanding these trends is critical to...

Rand McNally Hires Chief Technology Officer

Nov 21, 2024

Rand McNally, an innovator in navigation, commercial vehicle tracking, and fleet safety technology, has named Hans Molin as its global head of engineering and chief technology officer (CTO). Molin, who joined Rand McNally through the acquisition of SafetyDirect, has been pivotal in leading the company's technology and engineering initiatives, setting the course for its next phase of customer-centric innovation. "Hans is a serial innovator...

Data Visualization Techniques for Data Science Pros

Oct 15, 2024

For data science professionals, the ability to turn raw data into clear, meaningful visualizations is a crucial skill that not only aids decision-making but also enhances storytelling and communication with non-technical stakeholders. Here we will cover key techniques for creating impactful data visualizations, tips for using Tableau and Power BI, a cheat sheet for selecting the right chart types, and other relevant best practices for...

10 Must-Have Skills for IT Professionals in 2024

Sep 12, 2024

In the evolving field of IT, staying relevant requires continuous learning and the ability to adapt to technological changes. As we move further into 2024, the demand for IT professionals with cutting-edge skills continues to grow. Whether you’re looking to advance your career or seeking new opportunities, mastering key skills and obtaining the right certifications is crucial for standing out in this competitive industry. Essential skills...

Genpact Appoints First Chief Technology & Innovation Officer

Aug 08, 2024

Genpact, a global professional services and solutions firm delivering outcomes that shape the future, announced that Sanjeev Vohra has been named as the company's first chief technology and innovation officer, effective immediately. Vohra will report to President and CEO Balkrishan "BK" Kalra. Vohra, a seasoned leader and respected innovator, brings more than 30 years of technology, consulting, and industry expertise to Genpact. His...

Best Practices for Ensuring Data Privacy and Ethics in AI

Jul 15, 2024

With vast amounts of data being collected and analyzed, it is crucial for data science professionals to implement best practices that ensure the protection of sensitive information and uphold ethical principles. Maintaining data privacy and adhering to ethical standards are paramount. Understanding data privacy in AI Importance of data privacy Data privacy refers to the proper handling of sensitive information to ensure that personal...

Comprehensive Guide for Building a Data Science Work Portfolio

Jun 03, 2024

In the competitive field of data science, having a strong portfolio is essential for showcasing your skills, projects, and expertise to potential employers. A well-crafted portfolio not only demonstrates your technical abilities but also highlights your problem-solving skills and ability to communicate complex ideas effectively. This guide provides detailed steps and best practices for creating an impressive data science work portfolio. Why...

Reinforcement Learning Explained

May 07, 2024

In the realm of artificial intelligence (AI), one of the most intriguing and rapidly evolving areas is reinforcement learning (RL). As a subset of machine learning, RL stands out for its ability to enable agents to make sequential decisions in dynamic environments, aiming to maximize a cumulative reward. This approach has garnered significant attention due to its potential to revolutionize various industries, from robotics to gaming and...