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Data Science for Finance: Benefits, Applications, Examples

Knowledge Hut

Data Science can be described as a domain that applies advanced analytics, statistics and scientific principle for extracting valuable information and deriving valuable conclusions from structured or unstructured data. Terms like Machine Learning and Artificial Intelligence are often used in data science.

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15+ Must Have Data Engineer Skills in 2023

Knowledge Hut

With a plethora of new technology tools on the market, data engineers should update their skill set with continuous learning and data engineer certification programs. What do Data Engineers Do? Big resources still manage file data hierarchically using Hadoop's open-source ecosystem.

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A Day in the Life of a Data Scientist

Knowledge Hut

A significant part of their role revolves around collecting, cleaning, and manipulating data, as raw data is seldom pristine. In their quest for knowledge, data scientists meticulously identify pertinent questions that require answers and source the relevant data for analysis.

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Real-World Use Cases of Big Data That Drive Business Success

Knowledge Hut

Big Data Use Cases in Banking and Financial Services Fraud Detection and Prevention: By examining vast amounts of transaction data and looking for patterns and anomalies suggestive of possible fraud, big data analytics assists banks and financial organizations in finding fraudulent activity.

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Data Pipeline- Definition, Architecture, Examples, and Use Cases

ProjectPro

In broader terms, two types of data -- structured and unstructured data -- flow through a data pipeline. The structured data comprises data that can be saved and retrieved in a fixed format, like email addresses, locations, or phone numbers. ETL is the acronym for Extract, Transform, and Load.

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How to Become a Big Data Engineer in 2023

ProjectPro

Automated tools are developed as part of the Big Data technology to handle the massive volumes of varied data sets. Big Data Engineers are professionals who handle large volumes of structured and unstructured data effectively.

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100+ Big Data Interview Questions and Answers 2023

ProjectPro

Big data enables businesses to get valuable insights into their products or services. Almost every company employs data models and big data technologies to improve its techniques and marketing campaigns. Most leading companies use big data analytical tools to enhance business decisions and increase revenues.