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

Pickl AI

DECEMBER 2, 2024

Introduction In today’s digital age, the volume of data generated is staggering. According to a report by Statista, the global data sphere is expected to reach 180 zettabytes by 2025 , a significant increase from 33 zettabytes in 2018. Key Takeaways Big Data originates from diverse sources, including IoT and social media.

Big Data 52

Big Data Big Data Data Lakes Apache Hadoop 52

Pickl AI

NOVEMBER 25, 2024

Introduction In today’s digital age, the volume of data generated is staggering. According to a report by Statista, the global data sphere is expected to reach 180 zettabytes by 2025 , a significant increase from 33 zettabytes in 2018. Key Takeaways Big Data originates from diverse sources, including IoT and social media.

Big Data 52

Big Data Big Data Data Lakes Apache Hadoop 52

Alation

MARCH 21, 2023

Seasonality and trend predictions Many online travel companies use dynamic and flexible pricing strategies to respond to changes in demand and supply. Using predictive analytics, travel companies can forecast customer demand around things like holidays or weather to set optimum prices that maximize revenue.

Analytics 52

Analytics Analytics Data Silos Big Data 52