In this contributed article, Todd Wright, Global Lead for GDPR Solutions at SAS, considers the complexities and related questions that arise around the ever-evolving data landscape.
Your Source for Machine Learning
Industry Perspectives
Monte Carlo Method and Price Testing: Old Solution for Modern Problems
In this special guest feature, Vladimir Kuchkanov, Pricing Solution Architect at Competera, examines how data scientists often forget about classics while good old algorithms are still relevant and efficient. In particular, Monte Carlo method (MCM) pops up in mind. Among many fields of its application, MCM has established itself as a solid solution in price prediction and automation of pricing rules in retail. Like any analytical approach, MCM has limitations and inaccuracies. Despite this, many fields, including retail, still utilize it.
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Introducing Apache Druid
This whitepaper provides an introduction to Apache Druid, including its evolution,
core architecture and features, and common use cases. Founded by the authors of the Apache Druid database, Imply provides a cloud-native solution that delivers real-time ingestion, interactive ad-hoc queries, and intuitive visualizations for many types of event-driven and streaming data flows.
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