Synthetic Data Generation: A must-have skill for new data scientists

Data is the new oil and truth be told only a few big players have the strongest hold on that currency. Googles and Facebooks of this world are so generous with their latest machine learning algorithms and packages (they give those away freely) because the entry barrier to the world of algorithms is pretty low right now. Open source has come a long way from being christened evil by the likes of Steve Ballmer to being an integral part of Microsoft. And plenty of open source initiatives are propelling the vehicles of data science, digital analytics, and machine learning. Standing in 2018 we can safely say that, algorithm, programming frameworks, and machine learning packages (or even tutorials and courses how to learn these techniques) are not the scarce resource but high-quality data is.