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5 Practical Applications of Big Data for Small Businesses

Smart Data Collective

Big data is a tool typically talked about in the context of the benefits it provides for larger organizations, and yet it is also within reach of small businesses as well. Today, big data tools provided via recruitment platforms mean that a wellspring of information and analysis can be brought to bear on this critical process.

Big Data 301
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Critical Components of Big Data Architecture for a Translation Company

Smart Data Collective

Big data technology has been instrumental in helping organizations translate between different languages. We covered the benefits of using machine learning and other big data tools in translations in the past. How Does Big Data Architecture Fit with a Translation Company?

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Comparing DynamoDB and MongoDB for Big Data Management

Smart Data Collective

A growing number of companies are discovering the benefits of investing in big data technology. Companies around the world spent over $160 billion on big data technology last year and that figure is projected to grow 11% a year for the foreseeable future. Unfortunately, big data technology is not without its challenges.

Big Data 277
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Big Data Security: Protecting Your Valuable Assets

Astera

Big Data Security: Protecting Your Valuable Assets In today’s digital age, we generate an unprecedented amount of data every day through our interactions with various technologies. The sheer volume, velocity, and variety of big data make it difficult to manage and extract meaningful insights from.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics.

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Data Science vs Data Analytics: Key Differences

Astera

Analysts use data analytics to create detailed reports and dashboards that help businesses monitor key performance indicators (KPIs) and make data-driven decisions. Data analytics is typically more straightforward and less complex than data science, as it does not involve advanced machine learning algorithms or model building.