Articles tagged "Big Data"

History of AI Winters

Artificial intelligence (AI) is a very popular topic in the media now, but the concept of AI was first proposed almost 70 years ago. What happened in the AI research community over this time period and why did it take so long for the breakthroughs to occur? Milton Lim looks at the booms and busts of the AI industry over the years.

Data Science: golden age or AI winter?

Milton Lim assesses the risks (both upside and downside) of the data science revolution and considers how best to ride the “Big Data” wave in the firt instalment of a series that explores the breakthroughs and philosophy of AI, computer science and data.

Why packages are the new black

Hugh Miller comments on the plethora of packages available to data scientists, and its implications for businesses.

Analytics Snippet: In the Library

Welcome to the Analytics Snippet column, where we showcase short code snippets in R, Python, or other programming languages, to demo the power of data analytics. In this first instalment, Jacky Poon dives into checkouts of book titles from a Brisbane Library.

Introducing meetups - Zeming's data analytics ‘meetup’ files -

Six months ago, Zeming Yu stumbled upon data analytics ‘meetups’ and he’s never looked back. Here, he outlines the wealth of learning (and pizza) he’s gained since making the discovery.

Likes:2

Normal Deviance - A Tale of two CT(O)s

A big data parable, wherein Alice learns steady steps and Bob aims big.

Likes:1

Normal Deviance - Why you should totally include data science in your next job search

‘Data scientist’ clearly overlaps with pre-existing jobs like statisticians, business analysts and even actuaries, but as our resident Data columnist Hugh Miller reports, it also carries its own flavour. The proof is in the data.

Young Actuaries Program (Melbourne) – Data Analytics

After-work on a cold Thursday evening in Melbourne, the Young Actuaries Program (“YAP”) membership gathered for the latest instalment of the ‘Evening Speaker Series’ – Data Analytics. James Morris reports. 

Getting to know you – a paradigm shift in insurance

There is a paradigm shift occurring between insurers and insureds as ‘big data’ allows for policies tailored more to customer lifestyle and behaviour, an Actuaries Institute event has heard.

Likes:1

Melbourne Cup 2016 - Your definitive actuarial guide

Graham Taylor, Analyst at Taylor Fry, presents his definitive guide to this year's race that stops the nation; with odds for 'safe sweet spots' and sweeter more risky bets, the pair outline the weighted average returns on a range of bets.

Data Analytics in action

The Actuaries Institute ran a series of interactive workshops to challenge programming and data analytics skills at its 2016 Data Analytics Seminar last week (Tuesday 13 September).

AI needs actuarial intelligence

Actuarial skills in experimental design could shape the way artificial intelligence (AI) works and drives business innovation, a Seminar in Sydney has heard.

Do Actuaries have the skills to be Chief Analytics Officers?

Actuaries have the mathematical, statistical and programming skills to take a company’s data to the next level. But how do their skills align to current Chief Analytics Officer (CAO) roles, and what courses are on the market to help actuaries them bridge the gap? Bill Konstantinidis investigates.

Insuring Cyber Risk – Concerns about Risk

A lack of reliable data on cyber risk should be a short-term problem as the market matures, write actuaries Susie Amos and Alina Pettifer in the final instalment of this Two Part series on insuring cyber risk.

Permission to fail is key to success - an interview with Hollard CEO Richard Enthoven

[VIDEO]: An aggressive risk appetite and “allowing people to fail” has been key to CEO Richard Enthoven’s success. Here, he reflects on Hollard’s appetite for innovation and why actuaries will 'have a field day' in the next ‘blockbuster’ moment coming for the insurance industry.

Insuring Cyber Risk – Concerns about Coverage

What are the risks and opportunities in defining and pricing insurance cover for cyber risk? Actuaries Susie Amos and Alina Pettifer explore concerns about coverage in Part One of this Two Part series.

Big Data: Big Opportunity or Big Risk for Actuaries?

The Institute and Faculty of Actuaries (UK) 2nd Asian Conference was well attended by actuaries from the region, including a number of Australians. Senior Vice President of the Actuaries Institute, Jenny Lyon, was there to hear expert insight into Data Analytics and the profession.

The 'IT' thing - forging a data-focused career

[VIDEO]: Actuaries have strong grounding for a career in data analytics but a greater understanding of IT systems and programming languages is needed for success in the field. Jas Singh reports on the Actuaries Institute's inaugural Data Analytics Seminar.

Finding the Data Analytics Unicorn

Amanda Aitken reviews the key ideas explored at the Actuaries Institute’s inaugural Data Analytics Seminar, 2015.

Likes:1

A vision for actuaries in data analytics

The analytics skill set is one of the core sub-disciplines of the actuarial profession, so how can the profession better promote and enhance it to develop trusted insights and commercial strategy? Mitch Prevett, chair of the Data Analytics Working Group reports.

Also this month