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Impact Of Data Science & Other Analytical Technologies IN Business & Everyday Lives
The present 21st century is being termed as the new age digital world where technologies like Data Science, AI & Machine Learning are influencing the industries across various platforms & our daily lives at large. As the use of Big Data is constantly increasing, the use of these analytical technologies has become very crucial to manage & explore the insights from Big Data. These technologies are playing a crucial role in the field of IT, Healthcare, Business, Automobile, Telecommunication, & across several other sectors.
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Now, let’s understand how Data Science & other prominent analytical technologies are impacting our everyday lives.
- For Fraud Detection
As the use of Big Data has become more prominent & every enterprise is expecting to be having large reserves of Big Data & so cyber threats have become more prevalent. The advanced Fraud Detection techniques that are powered by Data Science & AI technologies are helping the enterprises in early identification & prevention of all forms of cyber threats.
- Enhanced Customer Experience
The use of smart applications that are powered by AI & ML technologies have completely revolutionized the users customer experience process. The use of these smart applications by AI & ML technologies has become very crucial for the enterprises across the E-Commerce & Retail industries.
- Smart Virtual Assistants
Everyone must be aware of the smart digital assistants in our smartphones like Siri in Apple phones, Googles Android Assistant or Cortana. These smart assistants are also powered by AI/ML technologies.
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Kumar Raja is a multidisciplinary writer, and lifelong learner. He’s a Digital Marketer in the making who spends his time analyzing the developments in the tech world. He’s very passionate about helping people understand the latest trends in the tech world through his well-researched articles. He’s able to condense complicated information about the latest technologies into easily digestible articles.