article thumbnail

Quantitative and Qualitative Data: A Vital Combination

Sisense

Let’s consider the differences between the two, and why they’re both important to the success of data-driven organizations. Digging into quantitative data. This is quantitative data. It’s “hard,” structured data that answers questions such as “how many?” or “how often?”

article thumbnail

Four things that matter in the AI hype cycle

CIO Business Intelligence

“Traditional data structures, typically organized in structured tables, often fall short of capturing the complexity of the real world,” says Weaviate’s Philip Vollet. These embeddings capture features and representations of data, enabling machines to understand, abstract, and compute on that data in sophisticated ways.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Industries That Are Being Revolutionized By Big Data

Smart Data Collective

Big data is helping gaming providers make better predictions. According to DataFlaq , some big data algorithms have around a 95% successful prediction rate. Big data enables operators to assess the behavior of their players and, as a result, provide a personalized playing experience based on what the player enjoys.

Big Data 109
article thumbnail

The Power of Graph Databases, Linked Data, and Graph Algorithms

Rocket-Powered Data Science

In the discussion of power-law distributions, we see again another way that graphs differ from more familiar statistical analyses that assume a normal distribution of properties in random populations. All of that “metadata” (which is simply “other data about your data”) enables rich discovery of shortest paths, central nodes, and communities.

Metadata 250
article thumbnail

Your Ultimate Guide To Modern KPI Reports In The Digital Age – Examples & Templates

datapine

By providing a detailed visualization of every aspect of your sales portfolio, this report empowers sales managers to take a full snapshot of their sales operations without losing any data, enabling them to create an extensive sales report. KPIs used: Customer Acquisition Costs. Customer Lifetime Value.

KPI 223
article thumbnail

Amazon Redshift announcements at AWS re:Invent 2023 to enable analytics on all your data

AWS Big Data

These announcements drive forward the AWS Zero-ETL vision to unify all your data, enabling you to better maximize the value of your data with comprehensive analytics and ML capabilities, and innovate faster with secure data collaboration within and across organizations.

article thumbnail

How The Explosive Growth Of Data Access Affects Your Engineer’s Team Efficiency

Smart Data Collective

zettabytes of data in 2020, a tenfold increase from 6.5 While growing data enables companies to set baselines, benchmarks, and targets to keep moving ahead, it poses a question as to what actually causes it and what it means to your organization’s engineering team efficiency. This is an increase from 64.2 zettabytes in 2012.

Big Data 101