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What is data science? Transforming data into value

CIO Business Intelligence

What is data science? Data science is a method for gleaning insights from structured and unstructured data using approaches ranging from statistical analysis to machine learning. The difference between data analytics and data science is also one of timescale. The benefits of data science.

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Belcorp reimagines R&D with AI

CIO Business Intelligence

The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace. The team leaned on data scientists and bio scientists for expert support. That, in turn, led to a slew of manual processes to make descriptive analysis of the test results.

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Top Data Science Tools That Will Empower Your Data Exploration Processes

datapine

Data science has become an extremely rewarding career choice for people interested in extracting, manipulating, and generating insights out of large volumes of data. To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations.

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Edmunds sets stage for AI with data infrastructure consolidation

CIO Business Intelligence

His role now encompasses responsibility for data engineering, analytics development, and the vehicle inventory and statistics & pricing teams. The company was born as a series of print buying guides in 1966 and began making its data available via CD-ROM in the 1990s. Often, we want to share data between each other,” he says.

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Cloud Technology Can Reduce Employee Turnover by Improving Communication

Smart Data Collective

Statistics reveal that hiring a new employee costs half or two times the employee’s salary. Cloud technology can store copious amounts of structured or unstructured data and has no limit. With video calling and voice calling facilities, teams can work together to sort the data.

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Sales Organizations Use Data-Driven SEO for Revenue Maximization

Smart Data Collective

A data-driven approach allows companies of any scale to develop SEO and marketing strategies based not on the opinion of individual marketers but on real statistics. Big data helps better understand your customers, adjust your strategy according to the obtained results, and even decide on the further development of your product line.

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Customers and Banks Priorities Collide as AI Jolts Financial Industry

Smart Data Collective

In a previous article I shared some of the challenges, benefits and trends of Big Data in the telecommunications industry. Big Data’s promise of value in the financial services industry is particularly differentiating. They show statistics that 2.5 quintillion bytes of data are created every day.