Remove Analysis Remove Competitive Remove Data Mining Remove Predictive Analytics
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Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. The applications of predictive analytics are extensive and often require four key components to maintain effectiveness. Data Sourcing.

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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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Predictive Analytics Advances Rewrite Rules On Corporate Conferences

Smart Data Collective

One of the hot topics on the conference circuit today is how business owners and principals can use predictive analysis to run their respective businesses. In the sections below, we will discuss the use of predictive analysis and how it has changed the way conferences are run. Practical Uses of Predictive Analysis.

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12 data science certifications that will pay off

CIO

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 791
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5 Product Strategy Consulting Tips for Data-Driven Marketing Campaigns

Smart Data Collective

You won’t be able to sustain a competitive edge without a background in big data. You need an experienced data-driven marketing strategist who knows everything about product strategy and will help you get from point A to point B with great success. Set a clear product mission with predictive analytics.

Marketing 244
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Power Up Your Predictions with Plug n’ Play Predictive Analysis

Elegant BI

One of the most important elements of advanced data discovery and advanced analytics tools is plug n’ play predictive analysis and forecasting tools. These tools can support the enterprise initiative to implement self-serve advanced analytics and transform business users into Citizen Data Scientists.

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Banks Merge Data Mining and CRM Tools to Boost Profitability

Smart Data Collective

Earlier this year, we talked about some of the major changes that data has brought to the financial sector. Bhagyeshwari Chauhan of DataHut writes that one of the major ways that big data helps is with identifying fraud. Predictive analytics and other big data tools help distinguish between legitimate and fraudulent transactions.