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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.

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The Importance of Leveraging Analytics in Ecommerce Website Design

Smart Data Collective

The good news is that highly advanced predictive analytics and other data analytics algorithms can assist with all of these aspects of the design process. The good news is that analytics technology is very helpful here. You can use data mining tools to aggregate pricing information of various products.

Commerce 271
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Side Hustle Ideas for Experienced Data Scientists in 2022

Smart Data Collective

Ways that Data-Savvy People Can Make Money with Side Hustles This Year. There are a lot of ways to capitalize off of your knowledge of data science. Data scientists know how to leverage AI technology to automate certain tasks. Blogging is another business idea where data scientists have a huge edge.

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ERP Integration Benefits Data-Savvy eCommerce for Distribution Industry

Smart Data Collective

Companies in the distribution industry are particularly dependent on data, due to the complicated logistics issues they encounter. There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies. Integrated ERP allows small distributors to compete with larger ones.

Commerce 266
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What Is The Difference Between Business Intelligence And Analytics?

Datapine Blog

On the other hand, BA is concerned with more advanced applications such as predictive analytics and statistic modeling. This also allows the two terms to complement each other to provide a complete picture of the data. Your Chance: Want to extract the maximum potential out of your data? click to enlarge**.