Big Data Use Cases
Analyzing Data Visually
Data Annotations
Creating Actionable Insights from Text Data
Real-Time Data Analysis for Immediate Insights
Best Tools for Predictive Analytics
Analytics Strategy
Data Presentation
Machine Learning Techniques 
Machine learning (ML) is a subset of artificial intelligence (AI) that enables systems to learn from
data, identify patterns, and make decisions with minimal human intervention
...Supervised learning is commonly
used for classification and regression tasks
...Common Algorithms Algorithm Type Use
Cases Linear Regression Regression Predicting sales, forecasting expenses Logistic Regression
...
Analyzing Data Visually Data visualization is a crucial aspect of business analytics, allowing organizations to interpret and communicate data insights effectively
...Common Data Visualization Techniques There are several techniques
used in data visualization, each serving different purposes: Technique Description Use
Cases Bar Chart A chart that presents
...
Data Annotations Data annotations are a crucial process in the fields of business, business analytics, and data mining
...Data Quality Annotations help in maintaining data quality, ensuring that the data
used for training is relevant and correctly labeled
...Subjectivity: In some
cases, annotations may be subjective, leading to inconsistencies in labeling
...
Creating Actionable Insights from Text Data In the modern business landscape, the ability to extract actionable insights from text
data is increasingly vital
...techniques, each suited for different objectives: Technique Description
Use Cases Text Mining The process of deriving high-quality information from text
...
Real-Time Data Analysis for Immediate Insights Real-time
data analysis refers to the process of continuously inputting, processing, and analyzing data as it becomes available
...summarizing some of the most popular options: Tool/Technology Description
Use Cases Apache Kafka A distributed streaming platform capable of handling real-time data feeds
...Splunk A software platform for searching, monitoring, and analyzing machine-generated
big data
...
Best Tools for Predictive Analytics Predictive analytics is a powerful technique
used in various industries to analyze current and historical
data to make predictions about future events
...Below is a comprehensive overview of some of the best tools for predictive analytics, categorized by their primary use
cases ...
Analytics Strategy An analytics strategy is a comprehensive plan that outlines how an organization will utilize
data analytics to achieve its business objectives
...It encompasses the methods and tools
used to collect, analyze, and interpret data, as well as the governance and processes that guide data-driven decision-making
...Identify Use
Cases: Determine specific use cases where analytics can drive value, such as customer segmentation or operational efficiency
...
Data Presentation Data presentation refers to the techniques and methods
used to visually and verbally communicate data findings in a clear and effective manner
...following are common types of data presentation: Type Description Best Use
Cases Charts Visual representations of data using symbols or shapes
...
Techniques for Effective Visuals In the realm of business and business analytics, the presentation of
data is crucial for decision-making and communication
...Use Color Wisely Utilize color to differentiate data sets and highlight important information
...Here are some common chart types and their appropriate use
cases: Bar Charts: Best for comparing discrete categories
...
Visualization Visualization in the context of business analytics and
data mining refers to the graphical representation of information and data
...The primary goal of visualization is to make it easier for
users to identify patterns, trends, and outliers in large datasets
...visualizations commonly used in business analytics: Type of Visualization Description Use
Cases Bar Chart A chart that presents categorical data with rectangular bars
...
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