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Data Mining Use Cases

TDAN

Given that the global big data market is forecast to be valued at $103 billion in 2027, it’s worth noticing. As the amount of data generated […]. “Information is the oil of the 21st century, and analytics is the combustion engine,” says Peter Sondergaard, former Global Head of Research at Gartner. And he has a point.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data helps businesses address cash flow needs A growing number of companies use big data technology to improve their financing. They can use data mining tools to evaluate the average interest rate of different lenders. Therefore, data-driven pricing may be even more critical during a bad economy.

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Startups Must Take Advantage of Big Data to Gain a Competitive Edge

Smart Data Collective

Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage. The right data strategy can help your startup become profitable.

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6 Tremendous Benefits of Big Data for Financial Management

Smart Data Collective

One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading. You will get a better sense of the reasons that you should make investing in big data a top priority.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Those who work in the field of data science are known as data scientists. The data science lifecycle Data science is iterative, meaning data scientists form hypotheses and experiment to see if a desired outcome can be achieved using available data.

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

AI Adoption and Data Strategy. Lack of a solid data strategy. For the first, it is in best interest to do your own research, talk to friends, professionals and approach data services companies like ours. Data strategy allows you to build a roadmap to adopt AI. (Source: PwC). AI in Finance.

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Building Better Data Models to Unlock Next-Level Intelligence

Sisense

In this article, we’ll dig into what data modeling is, provide some best practices for setting up your data model, and walk through a handy way of thinking about data modeling that you can use when building your own. Building the right data model is an important part of your data strategy. Discover why.