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5 Ways AI Technology Is Changing The Future Of Human Society

Smart Data Collective

Analysis of medical data collected from different groups and demographics allows researchers to understand patterns and connexions in diseases and identify factors that increase the efficacy of certain treatments. Digitization empowers people to take care of their own wellbeing. Reliable Transactions through Blockchain.

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How Will The Cloud Impact Data Warehousing Technologies?

Smart Data Collective

Furthermore, it has been estimated that by 2025, the cumulative data generated will triple to reach nearly 175 zettabytes. Demands from business decision makers for real-time data access is also seeing an unprecedented rise at present, in order to facilitate well-informed, educated business decisions.

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What is Descriptive Analytics?

The BAWorld

Making sense of the data in its raw format will be extremely difficult. This data has to be summarized, categorized and presented in a user-friendly manner to enable managers to understand and make sense of it. If the data is presented to me in the raw format, I would get overwhelmed with the large number of columns and rows.

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Investing in Data Solutions To Streamline Your Retail Business

Smart Data Collective

New advances in data analytics and data mining tools have been incredibly important in many organizations. We have talked extensively about the benefits of using data technology in the context of marketing and finance. However, big data can also be invaluable when it comes to operations management as well.

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Big Data’s Impact On Investing And The Finance World

Smart Data Collective

Most ordinary people had to settle for a savings account at their local bank while some even opted to simply put their savings under their mattress. One of the main changes in the investment industry in the last few years has been the proliferation of big data. Big data is the accumulation of massive amounts of information.

Finance 261
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Transforming Credit and Collection with Predictive Analytics

BizAcuity

According to a Federal Bank report, more than $600 billion of household debt in the U.S. In several instances, the consumer is presented with an opportunity to improve his/ her credit history and future creditworthiness. is delinquent as of June 30th, 2017. Out of which, $400 billion is delinquent for more than 90 days.

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Data Science Journey Walkthrough – From Beginner to Expert

Smart Data Collective

Here are the chronological steps for the data science journey. First of all, it is important to understand what data science is and is not. Data science should not be used synonymously with data mining. Mathematics, statistics, and programming are pillars of data science. The Fundamentals. Mathematics.