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Deciphering The Seldom Discussed Differences Between Data Mining and Data Science

Smart Data Collective

You may not even know exactly which path you should pursue, since some seemingly similar fields in the data technology sector have surprising differences. We decided to cover some of the most important differences between Data Mining vs Data Science in order to finally understand which is which. What is Data Science?

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Data Analytics and Social Media: Twin Pillars in the Evolution of Business

Smart Data Collective

Two of the biggest advances in technology that are influencing the direction of business are social media and data analytics. Smart businesses will need to know how to leverage data analytics to make the most of their social media strategies. Data Analytics and Social Media Are Collectively Shaping the Future of Business.

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Data Analytics Plays a Vital Role in Teacher Verification Software

Smart Data Collective

Data analytics is the discipline of examining raw data to make conclusions about that set of information. All the processes and techniques used in data analytics can be automated into algorithms that work on raw data. Types of data analytics. Data analytics in education.

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An Important Guide To Unsupervised Machine Learning

Smart Data Collective

k-means Clustering – Document clustering, Data mining. In data mining, k-means clustering is used to classify observations into groups of related observations with no predefined relationships. Hidden Markov Model – Pattern Recognition, Bioinformatics, Data Analytics. Source ].

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Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

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8 Ways Successful Online Business Leverage Big Data

Smart Data Collective

Data analytics has made it easier to identify the best audience for your online business. Tools like Quantcast use complex data analytics capabilities that to help companies get a better understanding of their target demographics. You can also use your own data analytics dashboards to see what customers are telling you.

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AI Helps Mitigate These 5 Major Supplier Risks

Smart Data Collective

Many suppliers are finding ways to use AI and data analytics more effectively. Finally, unexpected or unavoidable events, like the blockage of a major trade route or unprecedented and severe storms , can cause catastrophic delays that shut down manufacturing or prevent trade from coming or going to a region.