12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Statistical software is specialized software used to generate statistics and analysis. It can collect, analyze, and visually display data to help users gain insights from data and make decisions. It can also be used as a tool for forecasting and approach planning.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Business analytics is a collection of techniques, methods, and processes used to collect, analyze, and interpret large amounts of data to make better decisions for businesses. It can help identify trends and pattern recognition that affect a company's performance and measure the results of investments. Business analytics can also help create a better understanding of customer needs to increase sales and improve customer satisfaction.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A Customer Relationship Management (CRM) system is a software or framework that helps organizations manage and track customer relationships. It can help collect, organize, and analyze customer information to provide valuable insights. It can also help improve customer experiences and support sales.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Natural Language Processing (NLP) is a subfield of Artificial Intelligence that deals with natural language processing. It deals with the analysis, processing and generation of natural language by computers. The goal of NLP is to enable computers to understand and process natural language. For example, they can check text, recognize the meaning of a sentence, or analyze the mood in a text.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Pattern recognition is a subfield of Artificial Intelligence that deals with the automatic detection of patterns in data. This technique is used to analyze and classify patterns in data to make decisions, identify trends, and make predictions. Pattern recognition can also be used to distinguish between normal and undesirable images, languages, patterns, and designs to prevent malicious actors or harmful content from gaining access to the system.