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Deciphering The Seldom Discussed Differences Between Data Mining and Data Science

Smart Data Collective

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? Data Science is an activity that focuses on data analysis and finding the best solutions based on it. Where to Use Data Science?

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What is business intelligence? Transforming data into business insights

CIO

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions. BI tools could automatically generate sales and delivery reports from CRM data.

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What is a business intelligence analyst? A key role for data-driven decisions

CIO

Business intelligence (BI) analysts transform data into insights that drive business value. What does a business intelligence analyst do? The role is becoming increasingly important as organizations move to capitalize on the volumes of data they collect through business intelligence strategies.

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What is data analytics? Analyzing and managing data for decisions

CIO

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

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What are decision support systems? Sifting data for better business decisions

CIO

With organizations increasingly focused on data-driven decision making, decision science (or decision intelligence) is on the rise, and decision scientists may be the key to unlocking the potential of decision science systems. Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated.

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An Important Guide To Unsupervised Machine Learning

Smart Data Collective

Machines, artificial intelligence (AI), and unsupervised learning are reshaping the way businesses vie for a place under the sun. Overall, clustering is a common technique for statistical data analysis applied in many areas. Dimensionality Reduction – Modifying Data. DBSCAN Clustering – Market research, Data analysis.

Learning 363
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Python for Business: Optimize Pre-Processing Data for Decision-Making

Smart Data Collective

The rise of machine learning and the use of Artificial Intelligence gradually increases the requirement of data processing. That’s because the machine learning projects go through and process a lot of data, and that data should come in the specified format to make it easier for the AI to catch and process.

Business 354