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How AI is Changing the Data Integration ProcessĀ 

Astera

The Explosion in Data Volume and the Need for AI The global AI market today stands at $100 billion and is expected to grow 20-fold up to nearly two trillion dollars by 2030. This massive growth has a spillover effect on various areas, including data management.

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Document Data Extraction 101: Understanding the Basics

Astera

Legal Documents: Contracts, licensing agreements, service-level agreements (SLA), and non-disclosure agreements (NDA) are some of the most common legal documents that businesses extract data from. Healthcare Records: These include medical documents, such as electronic health records (EHR), prescription records, and lab reports, among others.

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How AI Is Transforming the Future of Business Intelligence and AnalyticsĀ 

Astera

AI-Generated Synthetic Data S ynthetic data is artificially generated data statistically similar to real-world information. With businesses increasingly utilizing business intelligence, leveraging synthetic data can help overcome data access challenges and privacy concerns.

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Best Data Mining Tools in 2024

Astera

Whether itā€™s choosing the right marketing strategy, pricing a product, or managing supply chains, data mining impacts businesses in various ways: Finance : Banks use predictive models to assess credit risk, detect fraudulent transactions, and optimize investment portfolios. Cons: Thereā€™s a high learning curve for using Apache Mahout.

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AI-Powered Data Extraction: Revolutionizing Business IntelligenceĀ 

Astera

The Power of Synergy: AI and Data Extraction Transforming Business Intelligence The technologies of AI and Data Extraction work in tandem to revolutionize the field of Business Intelligence. AI can analyze vast amounts of data but needs high-quality data to be effective.

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What Is Embedded Analytics?

Insight Software

By Industry Businesses from many industries use embedded analytics to make sense of their data. In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future.