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technology used for backend development in 2021
Technology Used for Backend Development in 2021

Have you ever visited a website that is simply beautiful? No other words to describe it. It has the perfect aesthetic, and everything seems in the right place. And then you start browsing it. Like the world’s most naive Tinder user you discover it’s all a façade. Nothing seems to work, and the website itself takes too much time to load. Naturally, you leave the page and take your browsing time elsewhere. In real life, catfish experiences at least give you a story to tell. On the internet, all it gives you is a bounce. 

This simple example highlights why backend development is a crucial element of all websites. Users may only see the superficial aspect of a website – the frontend – but what matters is the behind-the-scenes work. If a website doesn’t work correctly, they’ll leave. And as a result, companies end up losing a potential customer.  

Technology keeps improving, and websites, too. There are more tools and options available for companies to develop great websites. And backend developers, who are responsible for the server-side of the platform, have a rich amount of tools that help them improve and offer the user the best experience possible. Let’s find out more about the technology used for backend development in 2021. 

Table of contents: 

  1. What is backend development
  2. Best backend development tools in 2021
  3. To sum it up

What is backend development? 

One thing is how a website looks. Another entirely different thing is how a website works. Both aspects go hand in hand in ensuring the success of a platform. In general terms, frontend development focuses on the client-side of a web application; on what the user sees. Backend focuses on the server-side of a web application; how it works.

Backend engineering specializes in the server-side and everything that communicates between the database and the browser. It ensures that a web application has good performance and speed. Additionally, backend developers are constantly monitoring and organizing database information to make it secure. 

As the backend implements all users’ requests via the frontend part, it is fundamental that developers choose the right backend technology that helps them build a solid web application. 

But what tools should backend developers use in 2021? 

Top 8 backend development tools in 2021

Best backend programming languages

1. PHP

Hypertext Preprocessor, or PHP as popularly known, is a server-side scripting language and one of the most used programming languages for backend development. It is used to manage dynamic content, databases, tracking sessions, and build different websites. Additionally, its cross-platform compatibility, easy integration with HTML, CSS, JavaScript, community support, and security make it one of the most preferred programming languages among developers.

What is PHP used for:  

  • Collect form data
  • Generate dynamic page content
  • Send and receive cookies
  • Write command-line and server-side scripting
  • Write desktop applications

2. Java

Java is an object-oriented programming language designed to have as few implementation dependencies as possible. It was created 26 years ago, and it continues to be one of the most popular programming languages. Its good reputation relies on the fact that it’s multipurpose; it can be used for desktop, web, and android development.

What is Java used for:

  • Image processing
  • GUI based programs
  • Networking
  • Desktop and mobile computing
  • Develop artificial intelligence

Best backend frameworks

3. Laravel

Laravel is an open-source web framework that follows the Model-View-Controller (MVC) architectural pattern, making it easier for developers to start projects as they have their code better structured. This PHP framework also provides tools such as Artisan, pre-installed Object-Oriented libraries, Object Relational Mapping, among others. It is mainly used to build custom web apps and automatizes specific processes such as routing, templating HTML, and authentication.

What is Laravel used for:

  • Task scheduling
  • Automation testing
  • Authorization
  • Error handling
  • URL routing configuration 

4. Django

Django is a Python-based open-source framework that allows developers to build websites efficiently. When a backend is created with Python, Django is used as an additional tool. It provides developers with great features such as extensibility, rapid development, security, scalability, among others. Businesses, in particular, are using Django to expand web development areas such as social networking platforms and content management systems.

What is Django used for?

  • Customizable applications
  • Secure foundation
  • Scalable applications
  • Builds SaaS applications
  • Creates multiple user roles platforms

Best backend tech stacks

5. MEAN

MEAN stands for MongoDB, Express.js, AngularJS, and Node.js, and it’s a free and open-source JavaScript software stack suitable for building dynamic websites and applications. When developers use the MEAN stack, the backend can be created faster. This stack is a great backend alternative as it allows developers to create a complete website using JavaScript only. From the client to the server and from the server to the database, everything is based on JS.

What is MEAN used for?

  • Web applications/sites
  • Workflow management tools
  • News aggregation sites
  • Calendar apps
  • Interactive forums

6. MERN

The MERN stack includes MongoDB as a database, Express.js as a backend framework, React as a library for front end, and Node.js. So, the only difference from the MEAN stack is the replacement of Angular with React. The MERN architecture allows developers to easily build a 3-tier architecture (frontend, backend, database) entirely using JS and JSON. This tech stack allows data to flow naturally from the front and back, making it easy to build on. 

What is MERN used for? 

  • Cloud-native interfaces
  • Social products
  • Dynamic websites
  • News aggregation
  • Calendar applications 

Best backend web servers

7. Apache

Apache is an open-source web server that is currently used by at least 55,698,064 websites. It offers multiple features such as Loadable Dynamic Modules, Multiple Request Processing modes, CGI support, User and Session Tracking, among many others. Additionally, Apache is compatible with almost all operating systems like Linux, macOS, Windows, etc.

What is Apache used for?

  • Session tracking
  • Geolocation based on IP address
  • Handling of static files
  • Supports HTTP/2
  • Auto-indexing 

8. NGINX

NGINX is an open-source web server used for reverse proxying, load balancing, mail proxying, and more. It’s built to offer low memory usage and high concurrency. Instead of creating new processes for every web request, NGINX uses an asynchronous event-driven approach to handle requests in a single thread. With this web server, one developer can control multiple worker processes. Additionally, each request can be executed concurrently without blocking other requests as NGINX is asynchronous. 

What is NGINX used for?

  • Websockets
  • Handling of static files, index files, and auto-indexing
  • Media streaming
  • Proxy server for email
  • Microservices support 

To sum it up

Backend engineering is decisive to make a web application successful. These 8 backend development tools provide everything a developer needs to work on the functional and logical aspects of websites and applications. From the core languages to frameworks and web servers, it is fundamental that development teams understand the company’s priorities and goals to decide which tools will help them create a successful system architecture and consequently provide valuable solutions. 

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how to fine tune bert transformer with spacy 3
How to Fine-Tune BERT Transformer with spaCy 3

Since the seminal paper “Attention is all you need” of Vaswani et al, Transformer models have become by far the state of the art in NLP technology. With applications ranging from NER, Text Classification, Question Answering or text generation, the applications of this amazing technology are limitless.

More specifically, BERT — which stands for Bidirectional Encoder Representations from Transformers— leverages the transformer architecture in a novel way. For example, BERT analyses both sides of the sentence with a randomly masked word to make a prediction. In addition to predicting the masked token, BERT predicts the sequence of the sentences by adding a classification token [CLS] at the beginning of the first sentence and tries to predict if the second sentence follows the first one by adding a separation token[SEP] between the two sentences.

BERT Architecture

In this tutorial, I will show you how to fine-tune a BERT model to predict entities such as skills, diploma, diploma major and experience in software job descriptions. If you are interested to go a step further and extract relations between entities, please read our article on how to perform joint entities and relation extraction using transformers.

Fine tuning transformers requires a powerful GPU with parallel processing. For this we use Google Colab since it provides freely available servers with GPUs.

For this tutorial, we will use the newly released spaCy 3 library to fine tune our transformer. Below is a step-by-step guide on how to fine-tune the BERT model on spaCy 3. The code along with the necessary files are available in the Github repo.

To fine-tune BERT using spaCy 3, we need to provide training and dev data in the spaCy 3 JSON format (see here) which will be then converted to a .spacy binary file. We will provide the data in IOB format contained in a TSV file then convert to spaCy JSON format.

I have only labeled 120 job descriptions with entities such as skills, diploma, diploma major, and experience for the training dataset and about 70 job descriptions for the dev dataset.

In this tutorial, I used the UBIAI annotation tool because it comes with extensive features such as:

  • ML auto-annotation
  • Dictionary, regex, and rule-based auto-annotation
  • Team collaboration to share annotation tasks
  • Direct annotation export to IOB format

Using the regular expression feature in UBIAI, I have pre-annotated all the experience mentions that follows the pattern “\d.*\+.*” such as “5 + years of experience in C++”. I then uploaded a csv dictionary containing all the software languages and assigned the entity skills. The pre-annotation saves a lot of time and will help you minimize manual annotation.

UBIAI Annotation Interface

For more information about UBIAI annotation tool, please visit the documentation page and my previous post “Introducing UBIAI: Easy-to-Use Text Annotation for NLP Applications”.

The exported annotation will look like this:

MS B-DIPLOMA
in O
electrical B-DIPLOMA_MAJOR
engineering I-DIPLOMA_MAJOR
or O
computer B-DIPLOMA_MAJOR
engineering I-DIPLOMA_MAJOR
. O
5+ B-EXPERIENCE
years I-EXPERIENCE
of I-EXPERIENCE
industry I-EXPERIENCE
experience I-EXPERIENCE
. I-EXPERIENCE
Familiar O
with O
storage B-SKILLS
server I-SKILLS
architectures I-SKILLS
with O
HDD B-SKILLS

In order to convert from IOB to JSON (see documentation here), we use spaCy 3 command:

!python -m spacy convert drive/MyDrive/train_set_bert.tsv ./ -t json -n 1 -c iob
!python -m spacy convert drive/MyDrive/dev_set_bert.tsv ./ -t json -n 1 -c iob

After conversion to spaCy 3 JSON, we need to convert both the training and dev JSON files to .spacy binary file using this command (update the file path with your own):

!python -m spacy convert drive/MyDrive/train_set_bert.json ./ -t spacy!python -m spacy convert drive/MyDrive/dev_set_bert.json ./ -t spacy
  • Open a new Google Colab project and make sure to select GPU as hardware accelerator in the notebook settings.
  • In order to accelerate the training process, we need to run parallel processing on our GPU. To this end we install the NVIDIA 9.2 cuda library:
!wget https://developer.nvidia.com/compute/cuda/9.2/Prod/local_installers... -O cuda-repo-ubuntu1604–9–2-local_9.2.88–1_amd64.deb!dpkg -i cuda-repo-ubuntu1604–9–2-local_9.2.88–1_amd64.deb!apt-key add /var/cuda-repo-9–2-local/7fa2af80.pub!apt-get update!apt-get install cuda-9.2

To check the correct cuda compiler is installed, run: !nvcc –version

  • Install the spacy library and spacy transformer pipeline:
pip install -U spacy
!python -m spacy download en_core_web_trf
  • Next, we install the pytorch machine learning library that is configured for cuda 9.2:
pip install torch==1.7.1+cu92 torchvision==0.8.2+cu92 torchaudio==0.7.2 -f https://download.pytorch.org/whl/torch_stable.html
  • After pytorch install, we need to install spacy transformers tuned for cuda 9.2 and change the CUDA_PATH and LD_LIBRARY_PATH as below. Finally, install the cupy library which is the equivalent of numpy library but for GPU:
!pip install -U spacy[cuda92,transformers]
!export CUDA_PATH=”/usr/local/cuda-9.2"
!export LD_LIBRARY_PATH=$CUDA_PATH/lib64:$LD_LIBRARY_PATH
!pip install cupy
  • SpaCy 3 uses a config file config.cfg that contains all the model training components to train the model. In spaCy training page, you can select the language of the model (English in this tutorial), the component (NER) and hardware (GPU) to use and download the config file template.

Spacy 3 config file for training. Source

The only thing we need to do is to fill out the path for the train and dev .spacy files. Once done, we upload the file to Google Colab.

  • Now we need to auto-fill the config file with the rest of the parameters that the BERT model will need; all you have to do is run this command:
!python -m spacy init fill-config drive/MyDrive/config.cfg drive/MyDrive/config_spacy.cfg

I suggest to debug your config file in case there is an error:

!python -m spacy debug data drive/MyDrive/config.cfg
  • We are finally ready to train the BERT model! Just run this command and the training should start:
!python -m spacy train -g 0 drive/MyDrive/config.cfg — output ./

P.S: if you get the error cupy_backends.cuda.api.driver.CUDADriverError: CUDA_ERROR_INVALID_PTX: a PTX JIT compilation failed, just uninstall cupy and install it again and it should fix the issue.

If everything went correctly, you should start seeing the model scores and losses being updated:

BERT training on google colab

At the end of the training, the model will be saved under folder model-best. The model scores are located in meta.json file inside the model-best folder:

“performance”:{“ents_per_type”:{“DIPLOMA”:{“p”:0.5584415584,“r”:0.6417910448,“f”:0.5972222222},“SKILLS”:{“p”:0.6796805679,“r”:0.6742957746,“f”:0.6769774635},“DIPLOMA_MAJOR”:{“p”:0.8666666667,“r”:0.7844827586,“f”:0.8235294118},“EXPERIENCE”:{“p”:0.4831460674,“r”:0.3233082707,“f”:0.3873873874}},“ents_f”:0.661754386,“ents_p”:0.6745350501,“ents_r”:0.6494490358,“transformer_loss”:1408.9692438675,“ner_loss”:1269.1254348834}

The scores are certainly well below a production model level because of the limited training dataset, but it’s worth checking its performance on a sample job description.

To test the model on a sample text, we need to load the model and run it on our text:

nlp = spacy.load(“./model-best”)
text = [
'''Qualifications- A thorough understanding of C# and .NET Core- Knowledge of good database design and usage- An understanding of NoSQL principles- Excellent problem solving and critical thinking skills- Curious about new technologies- Experience building cloud hosted, scalable web services- Azure experience is a plusRequirements- Bachelor's degree in Computer Science or related field(Equivalent experience can substitute for earned educational qualifications)- Minimum 4 years experience with C# and .NET- Minimum 4 years overall experience in developing commercial software''']for doc in nlp.pipe(text, disable=["tagger", "parser"]): print([(ent.text, ent.label_) for ent in doc.ents])

Below are the entities extracted from our sample job description:

[("C", "SKILLS"),("#", "SKILLS"),(".NET Core", "SKILLS"),("database design", "SKILLS"),("usage", "SKILLS"),("NoSQL", "SKILLS"),("problem solving", "SKILLS"),("critical thinking", "SKILLS"),("Azure", "SKILLS"),("Bachelor", "DIPLOMA"),("'s", "DIPLOMA"),("Computer Science", "DIPLOMA_MAJOR"),("4 years experience with C# and .NET\n-", "EXPERIENCE"),("4 years overall experience in developing commercial software\n\n", "EXPERIENCE")]

Pretty impressive for only using 120 training documents! We were able to extract most of the skills, diploma, diploma major, and experience correctly.

With more training data, the model would certainly improve further and yield higher scores.

With only a few lines of code, we have successfully trained a functional NER transformer model thanks to the amazing spaCy 3 library. Go ahead and try it out on your use case and please share your results. Note, you can use UBIAI annotation tool to label your data, we offer free 14 days trial.

As always, if you have any comment, please leave a note below or email at [email protected]!

Follow us on Twitter @UBIAI5

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abstraction and data science not a great combination
Abstraction and Data Science — Not a great combination

Abstraction: some succinct definitions.

“Abstraction is the technique of hiding implementation by providing a layer over the functionality.”

“Abstraction, as a process, denotes the extracting of the essential details about an item, or a group of items, while ignoring the inessential details”

“Abstraction — Its main goal is to handle complexity by hiding unnecessary details from the user”

Abstraction as a concept and implementation in software engineering is good. But when extended to Data Science and overdone, becomes dangerous.

Recently, the issue of sklearn’s default L2 penalty in its logistic regression algorithm came up again.

This issue was first discovered in 2019 by Zachary Lipton.

On the same issue, an excellent blog titled ‘Scikit-learn’s Defaults are wrong’ was written by W.D. Here is the link to that article.

This article IMHO is a must read for any serious Data Scientist.

While the author of the article has excellently captured the design pattern flaws, I would just like to build on it and add the problem of ‘Too much abstraction’.

In one of my previous article, I had highlighted how abstracting away GLM in sklearn’s logistic regression makes large number of people believe that Regression in Logistic Regression is merely a misnomer and it has nothing to do with Regression!!

Below is an image from that article highlighting the issue.

So, why is ‘Too much abstraction’ a problem in Data Science?

I took the liberty of modifying Francois chollet’s famous diagram on difference between traditional programming and ML to drive home some important points regarding ‘too much abstraction’.

Firstly, in normal programming, if you do abstraction, you just abstract away the fixed rules. This works out fine in software development realm as you don’t want certain people to tinker around ‘fixed rules’ or they simply don’t care ‘how things work under the hood’.

But in Data science, if you do too much abstraction, you are also abstracting away the intuition of how the algorithm works and most importantly you are hiding away the knobs and levers necessary to tweak the model.

Let’s not forget that the role of data scientist is to develop intuition of how the algorithms works and then tweak the relevant knobs/ levers to make the model a right fit to solve business problem.

Taking this away from Data Scientists is just counter intuitive.

These aside, there are other pertinent questions on ‘too much abstraction’.

Let’s revisit one of the Abstraction definitions from above: “Abstraction — Its main goal is to handle complexity by hiding unnecessary details from the user.”

When it comes to data science libraries or low code solutions, the question arises who decides ‘what is unnecessary’? Who decides which knobs and levers a user can or can’t see and tweak?

Are the people making these decisions well trained in Statistics and machine learning concepts? or are they coming from a purely programming background?

In this regard I can’t help but loan some apt excerpts from W.D ‘s article “One of the more common concerns you’ll hear–not only from formally trained statisticians, but also DS and ML practitioners–is that many people being churned through boot camps and other CS/DS programs respect neither statistics nor general good practices for data management”.

On the user side in Data Science, here are the perils of using libraries or low code solutions with ‘too much abstraction’.

  • Nobody knows the statistical/ML knowledge level of the user or the training they may or may not have had.
  • At the hands of a person with poor stats/ML knowledge these are just ‘execute the lines with closed eyes’ and see the magic happen.

The dangers of doing Data Science wrongly just becomes that much exacerbated. Not to mention ‘You don’t need math for ML’ and ‘Try all models’ kind of articles encouraging people to do data science without much diligence. Any guesses for what could go wrong ?

Data science is not some poem that it can be interpreted in any which way. There is a definitive right and wrong way to do data science and implement data science solutions.

Also, Data Science is just not about predictions. How these predictions are made and what ingredients led to those predictions also matter a lot. ‘Too much abstraction’ abstracts out these important parts too.

Read the Documentation

Coming to defense of these ‘too much abstracted’ libraries and solutions, some remark the user should ‘Read the documentation carefully and in detail’.

Well not many have the time and most importantly some low code solutions and libraries are sold on the idea of ‘Perform ML in 2–3 lines of code’ or ‘Do modelling faster’.

So again, referencing W.D, ‘read the doc is a cop-out’. Especially if it comes from low code solution providers.

A Bigger Problem to Ponder Upon

Having said all this, Sklearn is still by and large a good library for Machine Learning. The problem of L2 default might be one of the very few flaws.

However, I would urge the readers to ponder over this:

If abstracting away some details in one ML algorithm could cause so much issues, imagine what abstracting away details from dozen or so ML algorithms in a single line of code could result in. Some low code libraries do exactly that.

I am not against abstraction or automation per say. My concern is only with ‘too much abstraction’ . And I don’t have a concrete answer for how to tackle ‘too much abstraction’ in data science libraries. One can only wonder if there is even a middle ground.

But one thing is very clear. The issues of ‘too much abstraction’ in Data Science are real.

The more one abstracts away, the more is the chance of doing data science wrongly.

Perhaps all we can do is, be wary of low code solutions and libraries. Caveat emptor.

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what is data mesh
What is Data Mesh?

Data mesh is an architectural paradigm that unveils analytical data at scale, rapidly releasing access to an increasing number of distributed domain data sets for a proliferation of consumption scenarios such as machine learning, analytics, or data-intensive applications across the organization. It addresses the standard failure modes of the traditional centralized data lake or data platform architecture, shifting from the centralized paradigm of a lake, or its predecessor, the data warehouse.

Data mesh shifts to a paradigm that draws from modern distributed architecture: considering domains as the first-class concern, applying platform thinking to create a self-serve data infrastructure, treating data as a product, and implementing open standardization to enable an ecosystem of interoperable distributed data products. Data Mesh acquisition needs a very high level of automation regarding infrastructure provisioning, realizing the self-service infrastructure. Every Data Product team should manage to provide what it needs autonomously.

A critical point that makes a data mesh platform successful is the federated computational governance, which provides interoperability via global standardization. The “federated computational governance” is a group of data product owners with the challenging task of making rules and simplifying the conformity to such regulations. What is decided by the “federated computational governance” should follow DevOps and Infrastructure as Code conduct.

With the help of a centralized data warehouse, data mesh solves these challenges;

  • Lack of ownership
  • Lack of quality: Poor data quality, thus enabling the infrastructure team to know the data they are handling
  • Organizational scaling: Scaling of a business or organization, thus enabling the central team to become the center point.

Data infrastructure is the other makeup of a data mesh. Data infrastructure entails the provision of access control to data, its storage, a pipeline, and a data catalog. The main goal of the data infrastructure is to avert any duplication of data in an organization. Every data product team focuses on building its own data products faster and independently. This way, the data infrastructure platform is compatible with different data domain types.

Why use a data mesh?

Allowing greater autonomy and flexibility for data owners, facilitating greater data experimentation and innovation while lessening the burden on data teams to field the needs of every data consumer through a single pipeline.

Data meshes’ self-serve infrastructure-as-a-platform provides data teams with a universal, domain-agnostic, and often automated approach to data standardization, data product lineage, data product monitoring, alerting, logging, and data quality metrics.

Provides a competitive edge compared to traditional data architectures, which are often hamstrung by the lack of data standardization between investors and consumers.

Conclusion

A data mesh helps the organization to escape the analytical and consumptive confines of monolithic data architectures and connects siloed data. To enable ML and automated analytics at scale. The data mesh allows the company to be data-driven and give up data lakes and data warehouses. It replaces them with the power of data access, control, and connectivity. If you want to know more, reach us at Dqlabs.ai, and we’ll be glad to get answers to all your queries.

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arima model time series forecasting in a nutshell
ARIMA Model (Time Series Forecasting) in a Nutshell

Introduction 

Does your business struggle to understand the data in a better way or to predict future trends? Then you’re not the only one in the business; many fail here. ARIMA can help you forecast and understand the new patterns from the past data using time series analysis. One of the top reasons why the ARIMA model is always in demand is that lagged moving averages smooth the time series data. 

You mostly witness this method in technical analysis to forecast future security prices. To get a better idea how this works, you need to understand several core topics:

Time Series Forecasting

Time series forecasting is a trend analysis technique that focuses on cyclical fluctuations analysis, and seasonality issues go through the past data and associated patterns to predict the future trend. Success is not guaranteed in this method, though it throws a hint about future trends. 

Time series forecasting uses Box-Jenkins Model, which involves three methods to predict future data: autoregression, differencing and moving averages (also called p, d, q, respectively). 

The Box-Jenkins model is an advanced technique to forecast based on input data from the specified time series and conjointly conferred as an autoregressive integrated moving average method ARIMA (p,d,q). Using the ARIMA model, you can forecast a time series using the past series values. 

The best uses of ARIMA models are to forecast stock prices and earnings growth. 

Nomenclature in ARIMA Model 

As an ARIMA(p,d,q) model, a nonseasonal ARIMA is one that:

  • p represents the number of autoregressive terms,
  • d is the necessary number of nonseasonal changes for stationarity
  • q is the number of lags in the prediction equation.

In terms of y, the general forecasting equation is:

ŷt   =   μ + ϕ1 yt-1 +…+ ϕp yt-p – θ1et-1 -…- θqet-q

let y denote the dth difference of Y, which means:

If d=0:  yt  =  Yt

If d=1:  yt  =  Yt – Yt-1

If d=2:  yt  =  (Yt – Yt-1) – (Yt-1 – Yt-2)  =  Yt – 2Yt-1 + Yt-2

ARIMA (1,0,0): 

the first-order autoregressive model, if the series is stationary and autocorrelated, it’s predicted as the simple multiple of its previous value and a constant. And the equation becomes: 

Ŷt  =  μ  +  ϕ1Yt-1

Y then regressed on itself after lagging by one period, meaning Y = 0, plus a constant term.

If the slope coefficient Ф1 is positive and less than 1 in magnitude, the model shows mean-reverting behavior in which the next predicted value to be Ф1 times as far away from the mean as this period’s value. If Ф1 is negative, the model shows the mean-reverting behavior with alternation of signs. And Y will be below the average next period if it is above the same period. 

ARIMA (0,1,1) with constant: 

After implementing the SES model as the ARIMA model, it gains flexibility; first, the estimated MA (1) coefficient allowed to be negative: corresponds to a smoothing factor more prominent than 1, which forbids in SES model-fitting procedure. Second, you can add a constant term in the ARIMA model to estimate an average non-zero trend. 

Ŷt   =  μ  + Yt-1  – θ1et-1

How to Make a Series Stationary in Time Series Forecasting? 

The most simplified approach to make it stationary is to differentiate it and subtract the previous value from the correct value. Depending upon the series complexity, you may require more than one differentiation. 

The value of d has to be the minimum number of differentiating to make the series stationary. Therefore the value of d has to be zero, i.e. (d = 0) 

AR and MA Models in terms of (p), (q), and (d):

AR(p): AutoRegression: a robust model that uses the dependent relationship between the current observation and previous observations. It utilizes the past values in the regression equation for the time series forecasting

I (d) Integration: Makes the process stationary  with a differentiation (subtracting the previous value from the current value for the d number of times till it becomes (d = 0)

MA (q): Moving Average: utilize the dependency between an observation and a residual error from the moving average model when applied to lagged observation. The moving average method draws the error of the model as the combination of previous faults. And the order q represents the number of terms in the model. 

How to Handle if a Time Series Analysis is Slightly Under or Over Differenced:

The time series method at this point may be slightly under-differentiated, and when you differentiate it one more time, it can then become over-differentiated. When the series is under-differentiated, adding one or more additional AR terms usually makes it up. And when it is over-differentiated, try adding further MA terms to get the balance. 

Accuracy Metrics in Time Series Analysis 

The commonly used accuracy metrics to evaluate the accuracy of the forecasting:

  • Mean Absolute Percentage Error (MAPE)
  • Mean Error (ME)
  • Mean Absolute Error (MAE)
  • Mean percentage Error (MPE)
  • Root Mean Square Error (RMSE)
  • Lag 1 Autocorrelation of Error (ACF1)
  • Correlation between the Actual and the Forecast (Corr)
  • Min-Max Error (MinMax)

Final Words

Time series forecasting is a classic method to understand futuristic trends and patterns, although success is not guaranteed. But to be at the top, businesses need regular analysis of previous and ongoing trends to understand the future trends, and that’s where time series forecasting comes into action. 

And Time Series Forecasting ARIMA model uses autoregression and moving averages methods to predict the accurate results followed by accuracy metrics. In a nutshell, you learned in-depth about the ARIMA model, its terminology, making a series stationary, handling time series under and over differentiated, followed by the accuracy metrics. 

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arima model time series forecasting in a nutshel
ARIMA Model (Time Series Forecasting) in a Nutshel

Introduction 

Does your business struggle to understand the data in a better way or to predict future trends? Then you’re not the only one in the business; many fail here. ARIMA can help you forecast and understand the new patterns from the past data using time series analysis. One of the top reasons why the ARIMA model is always in demand is that lagged moving averages smooth the time series data. 

You mostly witness this method in technical analysis to forecast future security prices. To get a better idea how this works, you need to understand several core topics:

Time Series Forecasting

Time series forecasting is a trend analysis technique that focuses on cyclical fluctuations analysis, and seasonality issues go through the past data and associated patterns to predict the future trend. Success is not guaranteed in this method, though it throws a hint about future trends. 

Time series forecasting uses Box-Jenkins Model, which involves three methods to predict future data: autoregression, differencing and moving averages (also called p, d, q, respectively). 

The Box-Jenkins model is an advanced technique to forecast based on input data from the specified time series and conjointly conferred as an autoregressive integrated moving average method ARIMA (p,d,q). Using the ARIMA model, you can forecast a time series using the past series values. 

The best uses of ARIMA models are to forecast stock prices and earnings growth. 

Nomenclature in ARIMA Model 

As an ARIMA(p,d,q) model, a nonseasonal ARIMA is one that:

  • p represents the number of autoregressive terms,
  • d is the necessary number of nonseasonal changes for stationarity
  • q is the number of lags in the prediction equation.

In terms of y, the general forecasting equation is:

ŷt   =   μ + ϕ1 yt-1 +…+ ϕp yt-p – θ1et-1 -…- θqet-q

let y denote the dth difference of Y, which means:

If d=0:  yt  =  Yt

If d=1:  yt  =  Yt – Yt-1

If d=2:  yt  =  (Yt – Yt-1) – (Yt-1 – Yt-2)  =  Yt – 2Yt-1 + Yt-2

ARIMA (1,0,0): 

the first-order autoregressive model, if the series is stationary and autocorrelated, it’s predicted as the simple multiple of its previous value and a constant. And the equation becomes: 

Ŷt  =  μ  +  ϕ1Yt-1

Y then regressed on itself after lagging by one period, meaning Y = 0, plus a constant term.

If the slope coefficient Ф1 is positive and less than 1 in magnitude, the model shows mean-reverting behavior in which the next predicted value to be Ф1 times as far away from the mean as this period’s value. If Ф1 is negative, the model shows the mean-reverting behavior with alternation of signs. And Y will be below the average next period if it is above the same period. 

ARIMA (0,1,1) with constant: 

After implementing the SES model as the ARIMA model, it gains flexibility; first, the estimated MA (1) coefficient allowed to be negative: corresponds to a smoothing factor more prominent than 1, which forbids in SES model-fitting procedure. Second, you can add a constant term in the ARIMA model to estimate an average non-zero trend. 

Ŷt   =  μ  + Yt-1  – θ1et-1

How to Make a Series Stationary in Time Series Forecasting? 

The most simplified approach to make it stationary is to differentiate it and subtract the previous value from the correct value. Depending upon the series complexity, you may require more than one differentiation. 

The value of d has to be the minimum number of differentiating to make the series stationary. Therefore the value of d has to be zero, i.e. (d = 0) 

AR and MA Models in terms of (p), (q), and (d):

AR(p): AutoRegression: a robust model that uses the dependent relationship between the current observation and previous observations. It utilizes the past values in the regression equation for the time series forecasting

I (d) Integration: Makes the process stationary  with a differentiation (subtracting the previous value from the current value for the d number of times till it becomes (d = 0)

MA (q): Moving Average: utilize the dependency between an observation and a residual error from the moving average model when applied to lagged observation. The moving average method draws the error of the model as the combination of previous faults. And the order q represents the number of terms in the model. 

How to Handle if a Time Series Analysis is Slightly Under or Over Differenced:

The time series method at this point may be slightly under-differentiated, and when you differentiate it one more time, it can then become over-differentiated. When the series is under-differentiated, adding one or more additional AR terms usually makes it up. And when it is over-differentiated, try adding further MA terms to get the balance. 

Accuracy Metrics in Time Series Analysis 

The commonly used accuracy metrics to evaluate the accuracy of the forecasting:

  • Mean Absolute Percentage Error (MAPE)
  • Mean Error (ME)
  • Mean Absolute Error (MAE)
  • Mean percentage Error (MPE)
  • Root Mean Square Error (RMSE)
  • Lag 1 Autocorrelation of Error (ACF1)
  • Correlation between the Actual and the Forecast (Corr)
  • Min-Max Error (MinMax)

Final Words

Time series forecasting is a classic method to understand futuristic trends and patterns, although success is not guaranteed. But to be at the top, businesses need regular analysis of previous and ongoing trends to understand the future trends, and that’s where time series forecasting comes into action. 

And Time Series Forecasting ARIMA model uses autoregression and moving averages methods to predict the accurate results followed by accuracy metrics. In a nutshell, you learned in-depth about the ARIMA model, its terminology, making a series stationary, handling time series under and over differentiated, followed by the accuracy metrics. 

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salary trends for data scientists and machine learning professionals
Salary Trends for Data Scientists and Machine Learning Professionals

Source: here

If you are wondering how much a data scientist earns, whether you are a hiring manager or looking for a job, there are plenty of websites providing rather detailed information, broken down by area, seniority, and skills. Here I focus on the United States, offering a summary based on various trusted websites.

A starting point is LinkedIn. Sometimes, the salary attached to a position is listed, and LinkedIn will tell you how many people viewed the job ad, and how well you fit based on skill matching and experience. LinkedIn will even tell you which of your connections work for the company in question, so you may contact the most relevant ones.  Positions with fewer views, that are two week old, are less competitive (but maybe less attractive too), but if you don’t have much experience, they could be worth applying to. You probably receive such job ads in your mailbox, from LinkedIn, every week. If not, you need to work on your LinkedIn profile (or maybe you don’t want to receive such emails).

Popular websites with detailed information include PayScale, GlassDoor, and Indeed. GlassDoor, based on 17,000 reported salaries (see here), mentions a range from $82k to $165k, with an average of $116k per year for a level-2 data scientist. It climbs to $140k for level-3. You can do a search by city or company. Some companies listed include:

  • Facebook: $153,000 based on 1,006 salaries. The range is $55K – $226K.
  • Quora: $122,875 based on 509 salaries. The range is $113K – $164K.
  • Oracle: $148,396 based on 457 salaries. The range $88K – $178K.
  • IBM: $130,546 based on 382 salaries. The range is $58K – $244K.
  • Google: $148,560 based on 246 salaries. The range is $23K – $260K.
  • Microsoft: $134,042 based on 204 salaries. The range is $13K – $292K.
  • Amazon: $125,704 based on 190 salaries. The range is $60K – $235K.
  • Booz Allen Hamilton: $90,000 based on 186 salaries. The range is $66K – $215K.
  • Walmart: $108,937 based on 185 salaries. The range is $78K – $186K.
  • Cisco: $157,228 based on 166 salaries. The range is $79K – $186K.
  • Uber: $143,661 based on 137 salaries. The range is $56K – $200K.
  • Intel: $125,936 based on 129 salaries. The range is $58K – $180K.
  • Apple: $153,885 based on 128 salaries. The range is $60K – $210K.
  • Airbnb: $180,569 based on 122 salaries. The range is  $99K – $242K.

These are base salaries and do not include bonus, stock options, or other perks. Companies with many employees in the Bay Area offer bigger salaries due to the cost of living. These statistics may be somewhat biased as very senior employees are less likely to provide their salary information. A chief data scientist typically makes well above $200k a year, not including bonuses, and an $800k salary, at that level, at companies such as Microsoft or Deloitte (based on my experience), is not uncommon. On the low end, you have interns and part-time workers. If you visit Glassdoor, you can get much more granular data.

Below are statistics coming this time from Indeed (see here). They offer a different perspective, with breakdown by type of expertise and area. The top 5 cities with highest salaries are San Francisco ($157,041), Santa Clara ($156,284), New York ($140,262), Austin ($133,562) and San Diego ($124,679). Surprisingly, the pay is lower in Seattle than in  Houston. Note that if you work remotely for a company in the Bay Area, you may get a lower salary if you live in an area with lower cost of living. Still, you would be financially better off than your peers in San Francisco.

The kind of experience commanding the highest salary (20 to 40% above average) are Cloud Architecture, DevOps, CI/CD (continuous delivery and/or continuous deployment), Microservices, and Performance Marketing. Finally, Indeed also displays salaries for related occupations, with the following averages:

  • Data Analyst, 27017 openings, $70,416
  • Machine Learning Engineer, 27196 openings, $150,336
  • Data Engineer, 10527 openings, $128,157
  • Statistician, 1733 openings, $96,661
  • Statistical Analyst, 15060 openings, $66,175
  • Principal Scientist, 1644 openings, $143,266

The average for Data Scientist is $119,444 according to Indeed. This number is similar to the one coming from Glassdoor. Note that some well-funded startups can offer large salaries. My highest salary was as chief scientist / co-founder at a company with less than 20 employees. And my highest compensation was for a company I created and funded myself, though I was not on a payroll and I did not assign myself a job title.

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About the author:  Vincent Granville is a data science pioneer, mathematician, book author (Wiley), patent owner, former post-doc at Cambridge University, former VC-funded executive, with 20+ years of corporate experience including CNET, NBC, Visa, Wells Fargo, Microsoft, eBay. Vincent is also self-publisher at DataShaping.com, and founded and co-founded a few start-ups, including one with a successful exit (Data Science Central acquired by Tech Target). He recently opened Paris Restaurant, in Anacortes. You can access Vincent’s articles and books, here.

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top 10 data science and machine learning projects in python part i
Top 10 Data Science and Machine Learning Projects in Python (Part-I)

Young and dynamic data science and machine learning enthusiasts are all are very interested in making a career transition by learning and doing as much hands-on learning as possible with these technologies and concepts as Data Scientist or Machine Learning Engineers or Data Engineers or Data Analytics Engineers. I believe they must have the Project Experience and a job-winning portfolio in hand before they hit the interview process.

Certainly, this interview process would be challenging, NOT only for the freshers, but also for experienced individuals since these are all new techniques, domain, process approach, and implementation methodologies that are totally different from traditional software development. Of course, we could adopt an agile mode of delivery and no excuse from modern cloud adoption techniques and state beyond all industries and domains, who are all looking and interested in artificial intelligence and machine learning (AI and ML) and its potential benefits.

In this article, I will to discuss how to choose the best data science and ML projects during the capstone stages of your schools, colleges, training institutions, and specific job-hunting perspective. You could map this effort with our journey towards getting your dream job in the data science and machine learning industry.

Without further ado, here are the top 20 machine learning project that can help you get started in your career as a machine learning engineer or data scientist that can be a great add-on to your portfolio.

1. Data Science Project – Ultrasound Nerve Segmentation

Problem Statement & Solution

In this project, you will be working on building a machine learning model that can identify nerve structures in a data set of ultrasound images of the neck. This will help enhance catheter placement and contribute to a more pain-free future.

Even the bravest patients cringe at the mention of a surgical procedure. Surgery inevitably brings discomfort, and oftentimes involves significant post-surgical pain. Currently, patient pain is frequently managed using narcotics that bring a number of unwanted side effects.

This data science project’s sponsor is working to improve the pain management system using indwelling catheters that block or mitigate pain at the source. These pain management catheters reduce dependence on narcotics and speed up patient recovery.

The project objective is to precisely identify the nerve structures in the given ultrasound images, and this is a critical step in effectively inserting a patient’s pain management catheter. This project has been developed in python language, so it is easy to understand the flow of the project and the objectives. They must build a model that can identify nerve structures in a dataset of given ultrasound images of the neck. Doing so would improve catheter placement and contribute to a more pain-free future.

Let see the simple workflow.

Certainly, this project would help us to understand the image classification and highly sensitive area of analysis in the medical domain.

Take away and outcome and of this project experience.

  • Understanding what image segmentation is.
  • Understanding of subjective segmentation and objective segmentation
  • The idea of converting images into matrix format.
  • How to calculate euclidean distance.
  • Scope of what dendrogram are and what they represent.
  • Overview of agglomerative clustering and its significance
  • Knowledge of VQmeans clustering
  • Experiencing grayscale conversion and reading image files.
  • A practical way of converting masked images into suitable colours.
  • How to extract the features from the images.
  • Recursively splitting a tile of an image into different quadrants.

2. Machine Learning project for Retail Price Optimization

Problem Statement

In this machine learning pricing project, we must implement retail price optimization and apply a regression trees algorithm. This is one of the best ways to build a dynamic pricing model, so developers can understand how to build models dynamically with commercial data which is available from a nearby source and visualization of the solution is tangible.

Solution Approach: In this competitive business world “PRICING A PRODUCT” is a crucial aspect. So, we must gather a lot of thought process into that solution approach. There are different strategies to optimize the pricing of products. And must take extra care during the pricing of the products due to their sensitive impact on the sales and forecast. While there are products whose sales are not very affected by their price changes, they could be luxury items or essentials products in the market. This machine learning retail price optimization project will focus on the former type of products.

This project clearly captures the data and aligns with the “Price Elasticity of Demand” phenomenon. This exposes the degree to which the effective desire for something changes as its price the customers desire could drop sharply even with a little price increase, I mean directly proportional relationship. Generally, economists use the term elasticity to denote this sensitivity to price increases.

In this Machine Learning Pricing Optimization project, we will take the data from the café shop and, based on their past sales, identify the optimal prices for their list of items, based on the price elasticity model of the items. For each café item, the “Price Elasticity” will be calculated from the available data and then the optimal price will be calculated. A similar kind of work can be extended to price any products in the market. 

Take away and Outcome and of this project experience.

  • Understanding the retail price optimization problem
  • Understanding of price elasticity (Price Elasticity of Demand)
  • Understanding the data and feature correlations with the help of visualizations
  • Understanding real-time business context with EDA (Exploratory Data Analysis) process
  • How to segregate data based on analysis.
  • Coding techniques to identify price elasticity of items on the shelf and price optimization.

3. Demand prediction of driver availability using multistep Time Series Analysis

Problem Statement & Situation:

In this supervised learning machine learning project, you will predict the availability of a driver in a specific area by using multi-step time series analysis. This project is an interesting one since it is based on a real-time scenario.

We all love to order food online and do not like to experience delivery fee price variation. Delivery charges are always highly dependent on the availability of drivers in your area in and around, so the demand of orders in your area, and distance covered would greatly impact the delivery charges. Due to driver unavailability, there is an impact in delivery pricing increasing and directly this will hit the many customers who have dropped off from ordering or moving into another food delivery provider, so at the end of the day food suppliers (Small/medium scale restaurants) are reducing their online orders.

 To handle this situation, we must track the number of hours a particular delivery driver is active online and where he is working and delivering foods, and how many orders in that area, so based on all these factors certainly, we can efficiently allocate a defined number of drivers to a particular area depending on demand as mentioned earlier.

Take away and Outcome and of this project experience.

  • How to convert a Time Series problem to a Supervised Learning problem.
  • What exactly is Multi-Step Time Series Forecast analysis?
  • How does Data Pre-processing function in Time Series analysis?
  • How to do Exploratory Data Analysis (EDA) on Time-Series?
  • How to do Feature Engineering in Time Series by breaking Time Features to days of the week, weekend.
  • Understand the concept of Lead-Lag and Rolling Mean.
  • Clarity of Auto-Correlation Function (ACF) and Partial Auto-Correlation Function (PACF) in Time Series.
  • Different strategic approaches to solving Multi-Step Time Series problem
  • Solving Time-Series with a Regressor Model
  • How to implement Online Hours Prediction with Ensemble Models (Random Forest and Xgboost)

4. Customer Market Basket Analysis using Apriori and FP- growth algorithms

Problem Statement & Solution

In this project, anyone can learn how to perform Market Basket Analysis (MBA) with the application of Apriori and FP growth algorithms based on the concept of association rule learning, one of my favorite topics in data science. 

Mix and Match is a familiar term in the US, I remember I used to get the toys for my kid. It was the ultimate experience you know. Same time keeping things together nearby, like bread and jam–shaving razor and cream, these are the simple examples for MBA, and this is making the customer buy additional purchases more likely.

It is a widely used technique to identify the best possible mix of products or services that comes together commonly. This is also called “Product Association Analysis” or “Association Rules”. This approach is best fit physical retail stores and even online too. In other ways, it can help in floor planning and placement of products.

Take away and Outcome and of this project experience.

  • Understanding of Market Basket Analysis and Association rules
  • For the Apriori algorithm & FP- growth algorithm
  • Exploratory Data Analysis – Univariate & Bivariate analysis
  • Creating baskets for analysis
  • Gaining the knowledge on Apriori and FP- growth algorithm

     

5. E-commerce product reviews – Pairwise ranking and sentiment analysis.

Problem Statement & Solution

Product recommendation systems for the products which are sold over the online-based pairwise ranking and sentiment analysis. So, we are going to perform sentiment analysis on product reviews given by the customers who are all purchased the items and ranking them based on weightage. Here, the reviews play a vital role in product recommendation systems.

Obviously, reviews from customers are very useful and impactful for customers who are going to buy the products. Generally, a huge number of reviews in the bucket would create unnecessary confusion in the selection and buying interest on a specific product. If we have appropriate filters from the collective informative reviews. This proportional issue has been attempted and addressed in this project solution.

This recommendation work has been done in four phases.

  • Data pre-processing/filtering
    • Which includes.
      • Language Detection
      • Gibberish Detection
      • Profanity Detection
    • Feature extraction,
    • Pairwise Review Ranking, 

The outcome of the model will be a collection of the reviews for a particular product and its ranking based on relevance using a pairwise ranking approach method/model.

Take away and Outcome and of this project experience.

  • EDA Process
    • Over Textual Data
    • Extracted Featured with Target Class
  • Using Featuring Engineering and extracting relevance from data
  • Reviews Text Data Pre-processing in terms of
    • Language Detection
    • Gibberish Detection
    • Profanity Detection, and Spelling Correction
  • Understand how to find gibberish by Markov Chain Concept
  • Hands-On experience on Sentiment Analysis
    • Finding Polarity and Subjectivity from Reviews
  • Learning How to Rank – Like Pairwise Ranking
  • How to convert Ranking into Classification Problem
  • Pairwise Ranking reviews with Random Forest Classifier
  • Understand the Evaluation Metrics concepts
    • Classification Accuracy and Ranking Accuracy

6. Customer Churn Prediction Analysis using Ensemble Techniques

Problem Statement & Solution

In some situations, the customers are closing their accounts or switching to other competitor banks for to many reasons. This could cause a huge dip in their quarterly revenues and might significantly affect annual revenues for the enduring financial year, this would directly cause the stocks to plunge and the market cap to reduce considerably. Here, the idea is to be able to predict which customers are going to churn, and how to retain them, with necessary actions/steps/interventions by the bank proactively.

 In this project, we must implement a churn prediction model using ensemble techniques.

Here we are collecting customer data about his/her past transactions details with the bank and statistical characteristics information for deep analysis of the customers. With help of these data points, we could establish relations and associations between data features and customer’s tendency to possible churn. Based on that, we will build a classification model to predict whether the specific set of customers(s) will indeed leave the bank or not. Clearly draw the insight and identify which factor(s) are accountable for the churn of the customers.

Take away and Outcome and of this project experience.

  • Defining and deriving the relevant metrics
  • Exploratory Data Analysis
    • Univariate, Bivariate analysis,
    • Outlier treatment
    • Label Encoder/One Hot Encoder
  • How to avoid data leakage during the data processing
  • Understanding Feature transforms, engineering, and selection
  • Hands-on Tree visualizations and SHAP and Class imbalance techniques
  • Knowledge in Hyperparameter tuning
    • Random Search
    • Grid Search
  • Assembling multiple models and error analysis.

   

7. Build a Music Recommendation Algorithm using KKBox’s Dataset.

Problem Statement & Solution Music Recommendation Project using Machine Learning to predict the best chances of a user listening and loving a song again after their very first noticeable listening event. As we know, the most popular evergreen entertainment is music, no doubt about that. There might be a mode of listening on different platforms, but ultimately everyone will be listening to music with this well-developed digital world era.  Nowadays, the accessibility of music services has been increasing exponentially ranging from classical, jazz, pop etc.,

Due to the increasing number of songs of all genres, it has become very difficult to recommend appropriate songs to music lovers. The question is that the music recommendation system should understand the music lover’s favorites and inclinations to other similar music lovers and offer the songs to them on the go, by reading their pulse.

In the digital market we have excellent music streaming applications available like YouTube, Amazon Music, Spotify etc., All they have their own features to recommend music to music lovers based on their listening history and first and best choice. This plays a vital role in this business to catch the customers on the go. Those recommendations are used to predict and indicate an appropriate list of songs based on the characteristics of the music, which has been heard by music lovers over the period.

This project uses the KKBOX dataset and demonstrates the machine learning techniques that can be applied to recommend songs to music lovers based on their listening patterns which were created from their history.

Take away and Outcome and of this project experience.

  • Understanding inferences about data and data visualization
  • Gaining knowledge on Feature Engineering and Outlier treatment
  • The reason behind Train and Test split for model validation
  • Best Understanding and Building capabilities on the algorithm below
    • Logistic Regression model
    • Decision Tree classifier
    • Random Forest Classifier
    • XGBoost model

8.Image Segmentation using Masked R-CNN with TensorFlow

Problem Statement & Solution

Fire is one of the deadliest risk situations. Generally, fire can destroy an area completely in a very short span of time. Another end this leads to an increase in air pollution and directly affects the environment and an increase in global warming. This leads to the loss of expensive property. Hence early fire detection is very important.

The Object of this project is to build a deep neural network model that will give precise accuracy in the detection of fire in the given set of images. In this Deep Learning-based project on Image Segmentation using Python language, we are going to implement the Mask R-CNN model for early fire detection.

In this project, we are going to build early fire detection using the image segmentation technique with the help of the MRCNN model. Here, fire detection by adopting the RGB model (Color: Red, Green, Blue), which is based on chromatic and disorder measurement for extracting fire pixels and smoke pixels from the image. With the help of this model, we can locate the position where the fire is present, and which will help the fire authorities to take appropriate actions to prevent any kind of loss.

Take away and Outcome and of this project experience.

  • Understanding the concepts
    • Image detection
    • Image localization
    • Image segmentation
    • Backbone
      • Role of the backbone (restnet101) in Mask RCNN model
    • MS COCO
  • Understanding the concepts
    • Region Proposal Network (RPN)
    • ROI Classifier and bounding box Regressor.
  • Distinguishing between Transfer Learning and Machine Learning.
  • Demonstrating image annotation using VGG Annotator.
  • The best understanding of how to create and store the log files per epoch.

9. Loan Eligibility Prediction using Gradient Boosting Classifier

Problem Statement & Solution

In this project, we are predicting if a loan should be given to an applicant or not for the given data of various customers who are all seeking the loan based on several factors like their credit score and history. The ultimate aim is to avoid manual efforts and give approval with the help of a machine learning model, after analyzing the data and processing for machine learning operations. On the top of the machine, the learning solution will look at different factors based on testing the dataset and decide whether to grant a loan or not to the respective individual.

In this ML problem, we use to cleanse the data and fill in the missing values and bringing various factors of the applicant like credit score, history and from those we will try to predict the loan granting by building a classification model and the output will be giving output in the form of probability score along with Loan Granted or Refused as output from the model.

Take away and Outcome and of this project experience.

  • Understanding in-depth:
    • Data preparation
    • Data Cleansing and Preparation
    • Exploratory Data Analysis
    • Feature engineering
    • Cross-Validation
    • ROC Curve, MCC scorer etc
    • Data Balancing using SMOTE.
    • Scheduling ML jobs for automation
  • How to create custom functions for machine learning models
  • Defining an approach to solve
    • ML Classification problems
    • Gradient Boosting, XGBoost etc

10.Human Activity Recognition Using Multiclass Classification

Problem Statement & Solution

In this project we are going to classify human activity, we use multiclass classification machine learning techniques and analyze the fitness dataset from a smartphone tracker. 30 activities of daily participants have been recorded through a smartphone with embedded inertial sensors and build a strong dataset for activity recognition point of view. Target activities are WALKING, WALKING UPSTAIRS, WALKING DOWNSTAIRS, SITTING, STANDING, LAYING, by capturing 3-axial linear acceleration and 3-axial angular velocity at a constant rate of 50Hz. The objective is to classify activities mentioned above among 6 and 2 different axials. This was captured by an embedded accelerometer and gyroscope in the smartphone. The experiments have been video-recorded to label the data manually. The obtained dataset has been randomly partitioned into two sets as 70% for training and 30% for test data.

Take away and Outcome and of this project experience.

  • Understanding
    • Data Science Life Cycle
    • EDA
    • Univariate and Bivariate analysis
    • Data visualizations using various charts.
    • Cleaning and preparing the data for modelling.
    • Standard Scaling and normalizing the dataset.
    • Selecting the best model and making predictions
  • How to perform PCA to reduce the number of features
  • Understanding how to apply
    • Logistic Regression & SVM
    • Random Forest Regressor, XGBoost and KNN
    • Deep Neural Networks
  • Deep knowledge in Hyper Parameter tuning for ANN and SVM.
  • How to plot the confusion matrix for visualizing the result
  • Develop the Flask API for the selected model.

Project Idea Credits – ProjectPro helps professionals get their work done faster and with practical experience with verified reusable solution code, real-world project problem statements, and solutions from various industry experts

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why the feature store architecture is so impactful for ml teams
Why the Feature Store Architecture is so Impactful for ML Teams

What is a Feature Store?

Machine learning is such a new field that a mature industry-wide standard practice of operations has not yet emerged, like there has been in software development for the past 20 or more years. An ML practitioner who transfers from one company to another would find very big differences in the way each organization brings AI projects to production–if they do at all

The feature store is an element of data infrastructure that has emerged in the ML community over the past year as a centerpiece of ML pipelines. Adopting a feature store can be a force multiplier for companies trying to transform with data science. 

The feature store is not about storing features. A feature store is much more than simply a repository for features, it’s a system that runs scalable, high-performance data pipelines to transform raw data into features. With this system, ML teams can define features once, and deploy to production without rewriting.

And yes, a feature store also:

  • Catalogs and stores features for everyone on the team to discover and share, reducing duplicative work.
  • Serves the same features for both training and inference, saving time and keeping features accurate 
  • Analyzes and monitors features for drift.
  • Maintains a register of features with all their metadata and statistics, so that the whole team can work from a single source of truth.
  • Manages data for security and compliance purposes.

What are Features?

A feature is an input variable to a machine learning model. In other words, it’s a piece of data that will be consumed by a machine learning model. There are two types of ML features: online and offline.

Offline features are static features that don’t change often. This can be data like user language, location, or education level. These features are processed in batch. Typically, offline features are calculated via frameworks such as Spark, or by simply running SQL queries on a database and then using a batch inference process.

Online features—also called real-time features—are dynamic and require a processing engine to calculate, sometimes in real time. Number of ad impressions is a good example of a feature that changes very rapidly and would need to be calculated in real time. Online features often need to be served in ultra-low latency as well. For this reason, these calculations are much more challenging and require both speedy computation as well as fast data access. Data is stored in memory or in a very fast key-value database. The process itself can be performed on various services in the cloud or on a dedicated MLOps platform.

Why You Might Need a Feature Store

The data scientist’s strength is addressing business problems by understanding data and creating complex algorithms. They are not data engineers and they don’t need to be. In a typical workflow, data scientists search for and create features as part of their job, and the features they create are usually for training models in a strictly development environment. Thus, once the model is ready to be deployed in production, data engineers must take over and rewrite the feature to make it production-ready. This is a part of the MLOps process (machine learning operationalization). This siloed process creates longer development cycles and introduces the risk of training-serving skew that could cause a less accurate model in production as a result of those code changes.

Real-time pipelines also require an extremely fast event processing mechanism while running complex algorithms to calculate features in real time. For many use cases in industries like Finance or AdTech, the application requires a response time in the range of milliseconds.

Meeting that requirement demands a suitable data architecture and the right set of tools to support real-time event processing with low-latency response times. ML teams cannot use the same tools for real-time processing as they do for training (e.g. Spark).

The key benefit of the feature store architecture is a very robust and fast data transformation service to power machine learning workloads, to address the challenges presented by data management and especially real-time data. A feature store solves the complex problem of real-time feature engineering, and maintains one logic for generating features for both training and serving. This way, ML teams can build it once and then use it for both offline training and online serving, ensuring that the features are being calculated in the same way for both layers,  which is especially critical in low latency real time use cases.

Integrated or Stand-alone? 

The feature store market is very active, with many new entrants over the past year and undoubtedly more to come. One of the most important characteristics of a feature store is that it is seamlessly integrated with other components in the ML workflow. Using an integrated feature store will make life simpler for everyone on the ML team, with monitoring, pipeline automation, and multiple deployment options already available, without the need for lots of glue logic and maintenance.

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the important components of augmented analytics
The Important Components of Augmented Analytics

When it comes to the new world of analytics, the augmented analytics approach allows business users with no data science background to readily access and use analytics in an intuitive way. There are some important aspects of this approach, including auto machine learning, natural language processing (NLP) and intuitive search analytics.

Machine Learning via AutoML allows users to leverage systems and solutions that are designed with Machine Learning capabilities to predict outcomes and analyze data. Auto ML is the automated process of features and algorithm selection that supports planning, and allows users to fine tune, perform iterative modeling, and allows for the application and evolution of machine learning models. Machine Learning Algorithms allows the system to understand data and applies correlation, classification, regression, or forecasting, or whichever technique is relevant, based upon the data the user wishes to analyze. Results are displayed using visualization types that provide the best fit for the data, and the interpretation is presented in simple natural language. This seamless, intuitive process enables business users to quickly and easily select and analyze data without guesswork or advanced skills.

With natural language-processing-based search capability, users do not need to scroll through menus and navigation. The business can address complex questions using this simple search capability with a contextual flexible search mechanism that provides one of the most flexible, in-depth search capability and results offered in the market today.

Clickless Analysis and contextual search capabilities go beyond column level filters and queries to provide more intelligence support and translate the contextual query and returns results in an appropriate format, e.g., visualization, tables, numbers, or descriptors. It takes natural language processing search analytics (NLP) and predictive modeling for business users to the next level and frees business users to produce accurate, clear results, quickly and dependably, using machine learning that frees the business user to collect and analyze data with the guided assistance of a ‘smart’ solution.

This foundation and these techniques come together to enable the enterprise and its business users to perform complex data analytics and share analysis across the organization in a self-serve, mobile environment. It brings the power of sophisticated, advanced analytics and smart data visualization to the next level with tools for automated data insights.

If you want to make encourage your business users to adopt and leverage the Clickless Analytics approach to NLP search analytics, and capitalize on intuitive Search Analytics and Auto Insights features that improve results and user adoption, Contact Us to get started. Read our Blog to find out more about Clickless Analytics and Natural Language Processing.

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