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Data mining is a particular data analysis technique that focuses on statistical modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. [4]
A technology roadmap is a flexible planning schedule to support strategic and long-range planning, by matching short-term and long-term goals with specific technology solutions. [ 1 ] [ 2 ] It is a plan that applies to a new product or process and may include using technology forecasting or technology scouting to identify suitable emerging ...
Around the 1970s/1980s the term information engineering methodology (IEM) was created to describe database design and the use of software for data analysis and processing. [3] [4] These techniques were intended to be used by database administrators (DBAs) and by systems analysts based upon an understanding of the operational processing needs of organizations for the 1980s.
Data science is "a concept to unify statistics, data analysis, informatics, and their related methods" to "understand and analyze actual phenomena" with data. [5] It uses techniques and theories drawn from many fields within the context of mathematics , statistics, computer science , information science , and domain knowledge . [ 6 ]
It is important to note, however, that the accuracy and usability of results will depend greatly on the level of data analysis and the quality of assumptions. [1] Predictive analytics is often defined as predicting at a more detailed level of granularity, i.e., generating predictive scores (probabilities) for each individual organizational element.
Data analysis focuses on the process of examining past data through business understanding, data understanding, data preparation, modeling and evaluation, and deployment. [8] It is a subset of data analytics, which takes multiple data analysis processes to focus on why an event happened and what may happen in the future based on the previous data.
Microsoft SQL Server Analysis Services (SSAS [1]) is an online analytical processing (OLAP) and data mining tool in Microsoft SQL Server.SSAS is used as a tool by organizations to analyze and make sense of information possibly spread out across multiple databases, or in disparate tables or files.
The significantly reorganized revised edition of the book (2023) [2] expands and modernizes the presented mathematical principles, computational methods, data science techniques, model-based machine learning and model-free artificial intelligence algorithms. The 14 chapters of the new edition start with an introduction and progressively build ...
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