Predictive Analytics in Business
Big data analytics refers to the process of examining large and complex data sets to uncover hidden patterns, correlations, and insights that can help organizations make better decisions. It utilizes advanced analytics techniques, including statistical analysis, machine learning, and data mining, to derive valuable information from vast amounts of structured and unstructured data. This capability is essential in creating personalized experiences and enhancing recommendation systems, allowing businesses to tailor their offerings based on individual customer preferences and behaviors.
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