article thumbnail

Estimating the Data Mining Tool Market

The Data Administration Newsletter

The recently published report by Research Nester, Global Data Mining Tool Market: Global Demand Analysis & Opportunity Outlook 2027, delivers detailed overview of the global data mining tool market in terms of market segmentation by service type, function type, industry type, deployment type, and region.

article thumbnail

Data Mining Use Cases

The Data Administration Newsletter

Given that the global big data market is forecast to be valued at $103 billion in 2027, it’s worth noticing. As the amount of data generated […]. “Information is the oil of the 21st century, and analytics is the combustion engine,” says Peter Sondergaard, former Global Head of Research at Gartner. And he has a point.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using ODBC in Excel to Create Sales Reports After Mining Sales Data

Smart Data Collective

Data mining technology has become very important for modern businesses. Companies use data mining technology for a variety of purposes. One of the most important is collecting revenue data to draft financial statements, forecast future sales and make decisions to address revenue shortfalls.

article thumbnail

8 Ways Successful Online Business Leverage Big Data

Smart Data Collective

Big data technology is disrupting almost every industry in the modern economy. Global businesses are projected to spend over $103 billion on big data by 2027. While many industries benefit from the growing use of big data, online businesses are among those most affected.

Big Data 107
article thumbnail

5 Ways to Use Big Data to Run a Successful Food Franchise

Smart Data Collective

Big Data Makes it Easier for Franchises to Thrive. By 2027, it’s estimated that the market size of global full-service restaurants will reach £1.2 There are a lot of compelling reasons that big data is helping franchises grow and maintain profitability. Choose the right franchise wisely with AI and data mining tools.