Dataconomy

SEPTEMBER 4, 2023

Predictive analytics: Predictive analytics leverages historical data and statistical algorithms to make predictions about future events or trends. For example, predictive analytics can be used in financial institutions to predict customer default rates or in e-commerce to forecast product demand.

Analytics 203

Analytics Analytics Big Data Analytics Big Data Analytics 203

Smart Data Collective

OCTOBER 13, 2021

This is of great importance to remove the barrier between the stored data and the use of the data by every employee in a company. If we talk about Big Data, data visualization is crucial to more successfully drive high-level decision making. Prescriptive analytics. In forecasting future events.

Data Visualization 145

Data Visualization Big Data Big Data Predictive Analytics 145

Pickl AI

SEPTEMBER 18, 2024

It utilises Amazon Web Services (AWS) as its main data lake, processing over 550 billion events daily—equivalent to approximately 1.3 petabytes of data. The architecture is divided into two main categories: data at rest and data in motion. The platform employs Big Data analytics to monitor user interactions in real time.

Big Data 52

Big Data Big Data Apache Kafka Big Data Analytics 52

Pickl AI

JANUARY 28, 2025

This involves several key processes: Extract, Transform, Load (ETL): The ETL process extracts data from different sources, transforms it into a suitable format by cleaning and enriching it, and then loads it into a data warehouse or data lake. Data Lakes: These store raw, unprocessed data in its original format.

Business Intelligence 52

Business Intelligence Business Intelligence ETL Data Lakes 52

Pickl AI

JULY 29, 2024

It utilises the Hadoop Distributed File System (HDFS) and MapReduce for efficient data management, enabling organisations to perform big data analytics and gain valuable insights from their data. Ensuring seamless data flow and compatibility between systems requires careful planning and execution.

Hadoop 52

Hadoop Clustering Big Data Big Data 52

IBM Journey to AI blog

JULY 6, 2023

Data from various sources, collected in different forms, require data entry and compilation. That can be made easier today with virtual data warehouses that have a centralized platform where data from different sources can be stored. One challenge in applying data science is to identify pertinent business issues.

Machine Learning 70

Machine Learning Machine Learning Data Science Big Data 70