Organizations have been generating data for years now and don't have enough space to store. Space optimization is one area where some create solutions, while the others create bigger and larger storage in terms of hardware and a better file system to handle this hardware in terms of software.
Data Mining is an area which is getting hotter, since new gen customers want to make sense of data that is being generated. We would have studied that Walmart uses its sales data to find the right place to position a commodity (for eg: Placing Shaving kits near Jam/Ketchup bottles), thus increasing sales of certain commodity based on consumer actions.
This leads to structuring the un-structured data as the first step, while the real usable/valuable information comes out of this structure when it is mined.
Data Mining is an area which is getting hotter, since new gen customers want to make sense of data that is being generated. We would have studied that Walmart uses its sales data to find the right place to position a commodity (for eg: Placing Shaving kits near Jam/Ketchup bottles), thus increasing sales of certain commodity based on consumer actions.
This leads to structuring the un-structured data as the first step, while the real usable/valuable information comes out of this structure when it is mined.
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