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The Rise of Unstructured Data

Cloudera

The International Data Corporation (IDC) estimates that by 2025 the sum of all data in the world will be in the order of 175 Zettabytes (one Zettabyte is 10^21 bytes). Most of that data will be unstructured, and only about 10% will be stored. Here we mostly focus on structured vs unstructured data.

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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research.

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content. This unstructured data forms the backbone for creating models and the ongoing training of generative AI, so it can stay effective over time. trillion on retail businesses through 2029.

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Top Data Science Tools That Will Empower Your Data Exploration Processes

datapine

Exclusive Bonus Content: Download Our Free Data & Science Checklist! Geet our bite-sized free summary and start building your data skills! In the past, data scientists had to rely on powerful computers to manage large volumes of data. Let’s get started. Source: mathworks.com.

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Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

datapine

An important part of artificial intelligence comprises machine learning, and more specifically deep learning – that trend promises more powerful and fast machine learning. An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data.