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Data Mining – useful or not?

Jen Stirrup

What distinguishes Data Mining from other methods of exploring data, and what is its usefulness? Critics might say that if you torture the data enough, it will eventually confess! Computers contain lots of data, but people need help to turn this data into intelligence.

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Banks Merge Data Mining and CRM Tools to Boost Profitability

Smart Data Collective

Earlier this year, we talked about some of the major changes that data has brought to the financial sector. Bhagyeshwari Chauhan of DataHut writes that one of the major ways that big data helps is with identifying fraud. Predictive analytics and other big data tools help distinguish between legitimate and fraudulent transactions.

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. Decision support systems are generally recognized as one element of business intelligence systems, along with data warehousing and data mining.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts.

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A Guide To Starting A Career In Business Intelligence & The BI Skills You Need

datapine

For example, if you enjoy computer science, programming, and data but are too extroverted to program all day long, you could work in a more human-oriented area of intelligence for business, perhaps involving more face-to-face interactions than most programmers would encounter on the job.

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The top 15 big data and data analytics certifications

CIO Business Intelligence

Candidates show facility with data concepts and environments; data mining; data analysis; data governance, quality, and controls; and visualization. Individuals with the certificate can describe data ecosystems and compose queries to access data in cloud databases using SQL and Python.

Big Data 121
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What Is The Difference Between Business Intelligence And Analytics?

datapine

On the other hand, BA is concerned with more advanced applications such as predictive analytics and statistic modeling. This also allows the two terms to complement each other to provide a complete picture of the data. BI dashboards , offer the possibility to filter the data all in one screen to extract deeper conclusions.