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Intersection of Big Data and AI
Oct 21, 2024
The Convergence of Big Data and Artificial Intelligence
Artificial Intelligence: Powering Intelligent Solutions
Definition
: AI is when machines (especially computers) simulate human intelligence.
Technologies Involved
:
Neural networks
Deep learning
Cognitive computing
Aim of AI Solutions
:
Mimic human thinking processes
Learning
Problem-solving
Decision making
Applications
:
Automate processes
Boost productivity
Improve customer experiences
The Synergy of Big Data and Artificial Intelligence
Integration Benefits
:
Combines big data analytics with AI
Sparks innovations
Improves efficiency and competitiveness
Capabilities
:
AI models process huge amounts of data quickly
Identifies trends, anomalies, and opportunities
Supports confident, data-driven decisions
Big Data: The Foundation of Insights
Definition
: Enormous amounts of data collected and processed daily.
Types of Data
:
Structured data
Unstructured data
Sources
:
Social media
Sensors
Mobile devices
Purpose of Big Data Analytics
:
Use advanced techniques to analyze vast datasets
Uncover patterns, trends, and correlations
Inform business strategies
Impact on Organizations
Data-Driven Decision Making
:
Revolutionizes organizational operations
Provides faster, better insights at all business levels
Growing Value of Data
:
Increasing volume and complexity of data
More valuable for decision making
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