In this era where every aspect of our day-to-day life is gadget-oriented, there is a huge volume of data that has been emanating from various digital sources. Needless to say, we have faced a lot of challenges in the analysis and study of such a huge volume of data with traditionaldat...
Real-Life ApplicationsTechniquesData analysis, regardless of whether the data are expected to explain a quantitative (as in regression) or categorical (as in classification) models, often requires overcoming various barriers. They include unbalanced datasets, faulty measurement results, and incomplete data...
Today, neural networks (NN) are revolutionizing business and everyday life, bringing us to the next level in artificial intelligence (AI). By emulating the way interconnected brain cells function, NN-enabled machines (including the smartphones and computers that we use on a daily basis) are ...
We’ll discuss the databases’ real-life implementations, highlighting how they revolutionize industries, streamline processes, and enable data-driven decision-making. Let’s start with a concise introduction to the concept of a database. What is a Database? A database is a systematic collection ...
How can all this big data be used and what are its real-life applications and benefits?In an intensely multi-faceted industry like healthcare, data and analytics can be beneficial in many different ways. We have touched on the topic before, in our previous articles on analytics in health...
Big Data Application in the Government Sector The government sector entities are often seen as pioneers for adopting new technologies since they are spread across different domains. Within this sector, the major applications of Big Data are witnessed in Crime & Prevention and Intelligence space. ...
They might even use this data and their conclusions to convince others of their position on the topic. So, what are statistics used for in everyday life and in people's careers, and what are some examples of its use? It helps to understand the process behind the statistical process and ...
The growing pervasiveness of Internet of Things (IoT) applications, along with their associated ability to collect data from physical and virtual sensors continuously, highlights the importance of managing the velocity dimension of big data too. In this chapter, we motivate the analytics requirements ...
think if (the way we used the data) was splashed across the front page." 10 Analytics: The real-world use of big data Vestas: Better data analysis capabilities lower costs and improve effectiveness12 Wind turbines are a multimillion dollar investment with a typical lifespan of 20 to 30 ...
5 big data marketing examples One of the most helpful aspects of big data is it is already being embraced by marketers and successful companies. Because of this, it’s easy to find real life examples of companies using big data. These types of real world applications give us insight into ...