Exploring the power of 4 types of data analysis and their applications across industries
By Daniel CF Ng, contributing writer for Medium.com
Data analysis plays an integral role in today’s data-driven world. The ability to extract meaningful insights from vast amounts of data has become crucial for businesses to make informed decisions, optimize processes, and identify opportunities for growth. In this article, we will explore and delve into the usage and applications of four key types of data analysis commonly depicted in the “4 Types of Data Analysis” infographic.
Machine learning could be used to better predict floods
By Tammy Xu, contributing writer for Specturm.ieee.org
As the frequency of extreme weather events rises in recent years, there is also a growing need for accurate and precise hydrological knowledge in order to anticipate catastrophic flooding. Hydrology—the study of the Earth’s water cycle—has played a big role in human civilization for thousands of years. However, in a recent paper, a team of researchers argue that hydrology’s outdated methodology is holding the field back, and that it is time for the field to move on from complex theoretical models to predictive models built using machine-learning algorithms.
AI-Driven predictive analytics in real estate
By RealityBiz News, contributing writers for Realitynews.com
Artificial Intelligence (AI) has made remarkable strides in revolutionizing various industries, and real estate is no exception. With the advent of AI-driven predictive analytics, the future of real estate has become even more exciting and promising. These advanced technologies enable professionals in the industry to make data-driven decisions, anticipate market trends, and gain valuable insights. In this section, we will explore the role of AI-driven predictive analytics in real estate, focusing on forecasting property trends, pricing, and demand predictions, as well as risk assessment and fraud detection.
Decision intelligence: A business imperative
By Fred Laluyaux, contributing writer for Nasdaq.com
It’s no surprise the digitization of our economy has accelerated business cycles and increased the complexity of making business decisions.
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