The BAWorld
NOVEMBER 24, 2023
Data Analytics (DA) has evolved as a vital force in shaping the modern world, translating raw data into actionable insights that drive advancement in a wide range of sectors and industries. This indicates that descriptive analytics is focused with comprehending what has previously occurred.
Analysts Corner
OCTOBER 17, 2023
Fraud Detection: Data mining can be used to detect fraudulent activities by analyzing transactional data for unusual patterns or behavior. Healthcare: Data mining can help healthcare organizations analyze patient data to improve patient care, streamline operations, and optimize resource allocation.
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Analysts Corner
APRIL 25, 2023
Velocity refers to the speed at which data is generated, analyzed, and processed. Variety refers to the different types of data generated, such as text, images, and video. Why is big data important to business? Healthcare providers can use big data to analyse patient data to improve treatment outcomes and reduce costs.
Analysts Corner
OCTOBER 26, 2023
Human Resources Analytics: BI can help HR teams analyze employee data, such as performance metrics, demographics, and attrition rates, to develop strategies for talent acquisition, retention, and development.
Smart Data Collective
JUNE 19, 2019
Aligning these elements of risk management with the handling of big data requires that you establish real-time monitoring controls. This technique applies across different industries, including healthcare, service, and manufacturing. Big data analytic tools provide essential metrics that you can use to monitor your production.
Whizlabs
APRIL 21, 2021
As the IT world is flourishing, Amazon Glacier is the cold ideal storage platform by AWS for taking care of the crucial inactive data that plays a vital role in helping the businesses thrive. Different types of data require different storage requirements. Data Archiving.
Astera
APRIL 24, 2024
Business analysts, data scientists, IT professionals, and decision-makers across various industries rely on data aggregation tools to gather and analyze data. Essentially, any organization aiming to leverage data for competitive advantage will benefit from data aggregation tools.
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