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Data Lake Explained: A Comprehensive Guide to Its Architecture and Use Cases

Altexsoft

In 2010, a transformative concept took root in the realm of data storage and analytics — a data lake. The term was coined by James Dixon , Back-End Java, Data, and Business Intelligence Engineer, and it started a new era in how organizations could store, manage, and analyze their data. Who needs a data lake?

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How to Choose a Data Science and AI Consulting Company

Altexsoft

An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Articles covering AI or data science in Facebook and LinkedIn appear regularly, if not daily. Our clients considered working with large datasets a big data problem. Price prediction engines (e.g.

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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

diversity of sales channels, complex structure resulting in siloed data and lack of visibility. These challenges can be addressed by intelligent management supported by data analytics and business intelligence (BI) that allow for getting insights from available data and making data-informed decisions to support company development.

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The Good and the Bad of Apache Spark Big Data Processing

Altexsoft

These seemingly unrelated terms unite within the sphere of big data, representing a processing engine that is both enduring and powerfully effective — Apache Spark. Maintained by the Apache Software Foundation, Apache Spark is an open-source, unified engine designed for large-scale data analytics. Big data processing.

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Data Collection for Machine Learning: Steps, Methods, and Best Practices

Altexsoft

While today’s world abounds with data, gathering valuable information presents a lot of organizational and technical challenges, which we are going to address in this article. We’ll particularly explore data collection approaches and tools for analytics and machine learning projects. What is data collection?

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Big Data Analytics: How It Works, Tools, and Real-Life Applications

Altexsoft

Big Data enjoys the hype around it and for a reason. But the understanding of the essence of Big Data and ways to analyze it is still blurred. This post will draw a full picture of what Big Data analytics is and how it works. Big Data and its main characteristics. Key Big Data characteristics.

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Data Mining: use cases & benefits

Apiumhub

Nowadays, data scientists have become vital to organizations all over the world as companies seek to achieve bigger goals with data science than ever before. What is Data Mining. Association Association is a data mining technique related to statistics. Retailers, banks, manufacturers, health industry players, etc.