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Deciphering The Seldom Discussed Differences Between Data Mining and Data Science

Smart Data Collective

You may not even know exactly which path you should pursue, since some seemingly similar fields in the data technology sector have surprising differences. 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?

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Banks Merge Data Mining and CRM Tools to Boost Profitability

Smart Data Collective

Banks that take immediate action based on their data analytics fraud scoring algorithms, such as blocking irregular transactions, can prevent fraud before it happens. The American Association of Actuaries reports that big data can also help with actuarial decision making.

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Startups Must Take Advantage of Big Data to Gain a Competitive Edge

Smart Data Collective

Startups need to take advantage of the latest technology in order to remain competitive. Big data technology is one of the most important forms of technology that new startups must use to gain a competitive edge. The success of your startup might depend on your ability to use big data to your full advantage.

Startups 339
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Patil and other experts argue that big data can help them with this.

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What is a data engineer? An analytics role in high demand

CIO

Data engineers also need communication skills to work across departments and to understand what business leaders want to gain from the company’s large datasets. These generalists are often responsible for every step of the data process, from managing data to analyzing it.

Knowledge 795
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12 data science certifications that will pay off

CIO

Data scientist is one of the hottest jobs in IT. Companies are increasingly eager to hire data professionals who can make sense of the wide array of data the business collects. If you’re looking to get into this lucrative field, or want to stand out from the competition, certification can be key.

Knowledge 774
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Data Analytics is Fundamental to Next-Gen Marketing for New Businesses

Smart Data Collective

Data analytics has become a very important part of business management. Large corporations all over the world have discovered the wonders of using big data to develop a competitive edge in an increasingly competitive global market. Big Data is Important for Aspiring Entrepreneurs Trying to Succeed.

Business 254