Remove Data science Remove Events Remove Retail Remove Unstructured data
article thumbnail

Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

article thumbnail

Anomaly detection in machine learning: Finding outliers for optimization of business functions

IBM Big Data Hub

As organizations collect larger data sets with potential insights into business activity, detecting anomalous data, or outliers in these data sets, is essential in discovering inefficiencies, rare events, the root cause of issues, or opportunities for operational improvements.