Is data science same as data mining?

No, they differ from each other. Data science is a wide concept, combining machine learning, natural language processing and artificial intelligence, which are used to find a solution that can minimise human efforts.

On the flip side, data mining represents only a process or subset of data science, which involves web data extraction, cleansing to transform and loading to produce sources to machines for learning & creating a model that can make them or applications to think & respond as a human does. Some people confuse it with machine learning also. Machine learning is a complementary concept of data mining, which takes modeling to the next step where filtered models are validated to set as a machine learning algorithm.

Comments

Retail Market Analysis

Let us first understand the meaning of Retail Marketing. Retail marketing is the range of activities performed by a retailer to develop knowledge, awareness and sales of the company’s products. This is quite different from other types of marketing because of the factors and elements of the retail trade like selling finished goods in small number or amount to the consumer or end user, generally from a fixed location. Retail marketing uses the common principles of the marketing blend i.e. product, price, place and promotion. A study of retail marketing at university level includes effective vending and selling strategies, shopping and consumer behavior, branding i.e. categorizing and advertising. Retail marketing is especially essential to small retailers trying to compete against large chain stores.

Advantages and Disadvantages of Outsourcing Data Entry Services

Outsourcing data entry project can be advantageous as well as disadvantageous. Before nodding for it, look at its cost, risk, repo and track record to avoid the bundles of inaccuracies in data entry . Outsourcing has become familiar term for acquiring data entry services. Advantages and disadvantages walk hand in hand in terms of cost, risk, repo and track records of the data services. An entrepreneur should be aware of the facts regarding data entries that can make them enriched overnight or can land you behind bars in allegation of hacking or misinterpreting or loosing data. Reduced overhead expenses as well as risk, cost-effective, time to focus on key areas, improved production are the merits or advantages that certify data entry services should be outsourced. On the contrary, data hacking, low quality of data entries, exceeding the deadlines for the project, over expenses and streamlining process of these appear as the demerits or disadvantages of the outsourcing...

Excellent Data Entry Clerk’s Qualities for Data Entry Services

What a qualified and skilled professional wants? Obviously, one looks forward to handsome salary and perks apart from satisfaction. Big-data is rolled out with the advent of internet. Heydays are on for expert data entry clerks and analysts. Payscale.com states an average salary worth $52,188 for an entry level data analyst in the US. In India, the vetted professional of SAS, R, data mining and data warehouse earns revenue worth Rs. 309,785 on an average. Just imagine, how much bigger would be the salary package of an adept entry-level clerk and analyst! Having good typing speed and knowledge of MS Excel fulfills prior requirements only. The candidate needs to be the master of many more skills. Data entry services based companies accommodate such aspirants those have: Technical Skills: Speedy typing assures an entry ticket to the budding data operators. And if their memory has all shortcut keys of MS Excel and Word, t...

Eminenture Blog

Search This Blog